Civic Intelligence

Acton Cooperative School Inc.

990 • Fiscal year 2018 • EIN 04-2519921

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 06, 2018

592 Massachusetts AvenueActon, MA 01720

(978) 263-4547

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.21x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.20x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

57th percentile

6.7%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$53,495

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.5%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

-1.8%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$298,225

Up $12,758 (+4.5%) from 2017

Net Assets

Up

$234,599

Up $20,855 (+9.8%) from 2017

Liabilities

Down

$63,626

Down $8,097 (-11%) from 2017

Revenue

Down

$311,181

Down $5,622 (-1.8%) from 2017

Expenses

Up

$290,326

Up $7,394 (+2.6%) from 2017

Net Income

Down

$20,855

Down $13,016 (-38%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $213,078Liabilities 2011: $81,294Net Assets 2011: $131,7842011Assets 2012: $245,422Liabilities 2012: $85,897Net Assets 2012: $159,5252012Assets 2013: $264,145Liabilities 2013: $83,815Net Assets 2013: $180,3302013Assets 2014: $246,111Liabilities 2014: $65,234Net Assets 2014: $180,8772014Assets 2015: $234,729Liabilities 2015: $54,539Net Assets 2015: $180,1902015Assets 2016: $241,740Liabilities 2016: $61,867Net Assets 2016: $179,8732016Assets 2017: $285,467Liabilities 2017: $71,723Net Assets 2017: $213,7442017Assets 2018: $298,225Liabilities 2018: $63,626Net Assets 2018: $234,5992018Assets 2019: $319,412Liabilities 2019: $82,372Net Assets 2019: $237,0402019Assets 2020: $287,863Liabilities 2020: $98,401Net Assets 2020: $189,4622020Assets 2021: $299,227Liabilities 2021: $76,129Net Assets 2021: $223,0982021Assets 2022: $365,691Liabilities 2022: $98,470Net Assets 2022: $267,2212022Assets 2023: $416,381Liabilities 2023: $80,069Net Assets 2023: $336,3122023Assets 2024: $546,200Liabilities 2024: $94,020Net Assets 2024: $452,1802024

Highlighted filing

2018

Assets$298,225
Liabilities$63,626
Net Assets$234,599

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $284,2272011Revenue 2012: $312,323Expenses 2012: $284,582Net Income 2012: $27,7412012Revenue 2013: $332,645Expenses 2013: $311,840Net Income 2013: $20,8052013Revenue 2014: $340,239Expenses 2014: $339,692Net Income 2014: $5472014Revenue 2015: $267,377Expenses 2015: $278,657Net Income 2015: -$11,2802015Revenue 2016: $285,028Expenses 2016: $285,345Net Income 2016: -$3172016Revenue 2017: $316,803Expenses 2017: $282,932Net Income 2017: $33,8712017Revenue 2018: $311,181Expenses 2018: $290,326Net Income 2018: $20,8552018Revenue 2019: $296,863Expenses 2019: $294,422Net Income 2019: $2,4412019Revenue 2020: $225,719Expenses 2020: $273,297Net Income 2020: -$47,5782020Revenue 2021: $284,154Expenses 2021: $250,518Net Income 2021: $33,6362021Revenue 2022: $421,349Expenses 2022: $377,226Net Income 2022: $44,1232022Revenue 2023: $472,687Expenses 2023: $403,596Net Income 2023: $69,0912023Revenue 2024: $585,675Expenses 2024: $469,807Net Income 2024: $115,8682024

Highlighted filing

2018

Revenue$311,181
Expenses$290,326
Net Income$20,855
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$311,231
Mission and Program Overview

Mission

Operation of a cooperative nursery school

Operation of a cooperative nursey school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$167,164$180,805▲ $13,641
Cash and Non-Interest-Bearing Accounts$90,777$89,435▼ $1,342
Land, Buildings, and Equipment, Net$25,686$25,911▲ $225
Prepaid Expenses and Deferred Charges$1,840$1,351▼ $489
Accounts Receivable-$723-
Total Assets$285,467$298,225▲ $12,758
Liabilities
Deferred Revenue$71,723$62,845▼ $8,878
Accounts Payable and Accrued Expenses-$781-
Total Liabilities$71,723$63,626▼ $8,097
Net Assets / Fund Balance
Unrestricted Net Assets$213,744$234,599▲ $20,855
Total Net Assets Fund Balance$213,744$234,599▲ $20,855
Total Liabilities and Net Assets / Fund Balance$285,467$298,225▲ $12,758

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,077$51,049$61,126
Leasehold Improvements$15,834$19,663$35,497
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kimberly DavisDirector (non-voting)FT$53,495$53,495

Board Members and Trustees

NameTitle
Melissa CallahanChairperson
Amy HeffernanDirector
Betsy SchrockDirector
Betsy SzatkowskiDirector
Christy HerrenDirector
Jen BauderDirector
Julie ZellerDirector
Kelly JenningsDirector
Lisa OsgoodDirector
Michelle KenneyDirector
Noel CarvalhoDirector
Rebeccah WilsonDirector
Sarah DoddrellDirector
Andrea DowSecretary
Ray NashTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$303,216
Investment Income
$1,810
Other Revenue
$6,155
Change in Net Assets
$20,855

Audited Revenue Reconciliation

Revenue per Audited Statements
$311,181
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$311,181
Total Revenue per Form 990
$311,181
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$210,928
Other Expenses$79,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,467--$153,467
Current Officers, Directors, Trustees, and Key Employees$41,003--$41,003
Occupancy$27,025--$27,025
Payroll Taxes$15,013--$15,013
Depreciation Depletion$7,403--$7,403
Insurance$6,294--$6,294
Fees for Services Accounting-$6,202-$6,202
All Other Expenses$3,275$100-$3,375
Fees for Services Other-$2,073-$2,073
Other Expenses$387$1,409-$1,796
Other Employee Benefits$1,445--$1,445
Conferences and Meetings-$1,294-$1,294
Office Expenses-$417-$417
Total Functional Expenses$269,664$20,662$0$290,326

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$290,326
Total Expenses per Audited Statements$290,326
Total Expenses per Form 990$290,326
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,205
Fundraising Direct Expenses$50
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the treasurer and chairperson and an electronic version of the 990 is made available to the board prior to filing the return.

Form 990, Part VI, Section B, Line 15A

Approved by treasurer & chairperson; base salary approved by board upon recent hire

Form 990, Part VI, Section C, Line 18

Documents available upon request, contact treasurer

Form 990, Part VI, Section C, Line 19

Documents available upon request, contact treasurer

Filing and Contact Details

Filer

Filer Name
Acton Cooperative School Inc
EIN
04-2519921
Phone
9782634547
Address
592 MASSACHUSETTS AVENUE, ACTON, MA 01720

Signing Officer

Name
Molly Wald
Title
Officer
Phone
6094398215
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Nash
Formed
1973
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
14
Volunteers
150

Preparer

Firm
Bollus Lynch Llp
Address
89 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Barbara E King
Phone
5087557107
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management annually reviews for uncertain tax positions along with any related interest and penalties and believes the school has no uncertain tax positions that would have a material adverse effect, individually or in the aggregate, upon the school's statement of financial position, or the related statement of activities, or cash flows.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc2TEACHERS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06096
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13071
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21409
IRS990/OtherExpensesGrp/ProgramServicesAmt012461
IRS990/OtherExpensesGrp/ProgramServicesAmt11891
IRS990/OtherExpensesGrp/ProgramServicesAmt2387
IRS990/OtherExpensesGrp/TotalAmt012461
IRS990/OtherExpensesGrp/TotalAmt16096
IRS990/OtherExpensesGrp/TotalAmt24962
IRS990/OtherExpensesGrp/TotalAmt31796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0153467
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153467
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt015013
IRS990/PayrollTaxesGrp/TotalAmt015013
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01840
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01351
IRS990/PrincipalOfficerNm0RAY NASH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0303216
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0303216
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025862
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01389
IRS990/PYOtherExpensesAmt077826
IRS990/PYOtherRevenueAmt0-5314
IRS990/PYProgramServiceRevenueAmt0294866
IRS990/PYRevenuesLessExpensesAmt033871
IRS990/PYSalariesCompEmpBnftPaidAmt0205106
IRS990/PYTotalExpensesAmt0282932
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0316803
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt020855
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0303216
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0167164
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0180805
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt010077
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061126
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0290326
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015834
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019663
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt035497
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0311181
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, UPON THE SCHOOL'S STATEMENT OF FINANCIAL POSITION, OR THE RELATED STATEMENT OF ACTIVITIES, OR CASH FLOWS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025911
IRS990ScheduleD/TotalExpensesPerForm990Amt0290326
IRS990ScheduleD/TotalRevenuePerForm990Amt0311181
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0311181
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0290326
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NON-DISCRIMIATION POLICY IS POSTED ON WEBSITE AT ALL TIMES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0REIMBURSMENT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt03071
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0BOARD MEMBERS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0TRUSTEES
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0TUITION
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE TREASURER AND CHAIRPERSON AND AN ELECTRONIC VERSION OF THE 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APPROVED BY TREASURER & CHAIRPERSON; BASE SALARY APPROVED BY BOARD UPON RECENT HIRE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST, CONTACT TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST, CONTACT TREASURER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0285467
IRS990/TotalAssetsEOYAmt0298225
IRS990/TotalAssetsGrp/BOYAmt0285467
IRS990/TotalAssetsGrp/EOYAmt0298225
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020662
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269664
IRS990/TotalFunctionalExpensesGrp/TotalAmt0290326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt071723
IRS990/TotalLiabilitiesEOYAmt063626
IRS990/TotalLiabilitiesGrp/BOYAmt071723
IRS990/TotalLiabilitiesGrp/EOYAmt063626
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0213744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0234599
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0269664
IRS990/TotalProgramServiceRevenueAmt0303216
IRS990/TotalReportableCompFromOrgAmt053495
IRS990/TotalRevenueGrp/ExclusionAmt07965
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0303216
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311181

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.46$0.94$4.52$5.86$4.70$1.16
2023Detailed filing. Detailed filing data is available for this year.$4.16$0.80$3.36$4.73$4.04$0.69
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.98$2.67$4.21$3.77$0.44
2021Detailed filing. Detailed filing data is available for this year.$2.99$0.76$2.23$2.84$2.51$0.34
2020Detailed filing. Detailed filing data is available for this year.$2.88$0.98$1.89$2.26$2.73$0.48
2019Detailed filing. Detailed filing data is available for this year.$3.19$0.82$2.37$2.97$2.94$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.98$0.64$2.35$3.11$2.90$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.72$2.14$3.17$2.83$0.34
2016Detailed filing. Detailed filing data is available for this year.$2.42$0.62$1.80$2.85$2.85$0.00
2015Summary only. Only limited summary data is available for this year.$2.35$0.55$1.80$2.67$2.79$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.46$0.65$1.81$3.40$3.40$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.84$1.80$3.33$3.12$0.21
2012Summary only. Only limited summary data is available for this year.$2.45$0.86$1.60$3.12$2.85$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.81$1.32$2.84