Civic Intelligence

Winchester Cooperative Nursery School Inc.

990 • Fiscal year 2014 • EIN 04-2534124

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 28, 2014

478 Main StreetWinchester, MA 01890

(781) 729-2003

Siviq Scores

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

Liabilities / Assets

85th percentile

0.30x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

0.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

61st percentile

8.2%

Higher net margin than 61% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

94th percentile

$58,206

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

57th percentile

6.1%

Faster revenue growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$459,454

Up $60,307 (+15%) from 2013

Net Assets

Up

$319,593

Up $30,561 (+11%) from 2013

Liabilities

Up

$139,861

Up $29,746 (+27%) from 2013

Revenue

Up

$371,888

Up $21,440 (+6.1%) from 2013

Expenses

Up

$341,327

Up $33,563 (+11%) from 2013

Net Income

Down

$30,561

Down $12,123 (-28%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $435,711Liabilities 2010: $141,672Net Assets 2010: $294,0392010Assets 2011: $395,423Liabilities 2011: $132,781Net Assets 2011: $262,6422011Assets 2012: $368,857Liabilities 2012: $122,509Net Assets 2012: $246,3482012Assets 2013: $399,147Liabilities 2013: $110,115Net Assets 2013: $289,0322013Assets 2014: $459,454Liabilities 2014: $139,861Net Assets 2014: $319,5932014Assets 2015: $492,159Liabilities 2015: $175,343Net Assets 2015: $316,8162015Assets 2016: $503,063Liabilities 2016: $171,726Net Assets 2016: $331,3372016Assets 2017: $486,713Liabilities 2017: $176,848Net Assets 2017: $309,8652017Assets 2018: $532,486Liabilities 2018: $224,604Net Assets 2018: $307,8822018Assets 2019: $547,045Liabilities 2019: $239,209Net Assets 2019: $307,8362019Assets 2020: $413,614Liabilities 2020: $110,873Net Assets 2020: $302,7412020Assets 2021: $669,307Liabilities 2021: $322,464Net Assets 2021: $346,8432021Assets 2022: $716,499Liabilities 2022: $309,599Net Assets 2022: $406,9002022Assets 2023: $661,189Liabilities 2023: $284,360Net Assets 2023: $376,8292023Assets 2024: $687,364Liabilities 2024: $307,395Net Assets 2024: $379,9692024Assets 2025: $719,361Liabilities 2025: $316,317Net Assets 2025: $403,0442025

Highlighted filing

2014

Assets$459,454
Liabilities$139,861
Net Assets$319,593

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $341,274Expenses 2010: $322,928Net Income 2010: $18,3462010Expenses 2011: $307,0042011Expenses 2012: $296,1322012Revenue 2013: $350,448Expenses 2013: $307,764Net Income 2013: $42,6842013Revenue 2014: $371,888Expenses 2014: $341,327Net Income 2014: $30,5612014Revenue 2015: $372,489Expenses 2015: $375,266Net Income 2015: -$2,7772015Revenue 2016: $407,995Expenses 2016: $393,474Net Income 2016: $14,5212016Revenue 2017: $389,079Expenses 2017: $410,551Net Income 2017: -$21,4722017Revenue 2018: $438,122Expenses 2018: $440,105Net Income 2018: -$1,9832018Revenue 2019: $448,623Expenses 2019: $448,669Net Income 2019: -$462019Revenue 2020: $449,908Expenses 2020: $455,002Net Income 2020: -$5,0942020Revenue 2021: $425,034Expenses 2021: $380,932Net Income 2021: $44,1022021Revenue 2022: $577,390Expenses 2022: $517,333Net Income 2022: $60,0572022Revenue 2023: $541,180Expenses 2023: $571,251Net Income 2023: -$30,0712023Revenue 2024: $595,439Expenses 2024: $592,299Net Income 2024: $3,1402024Revenue 2025: $635,410Expenses 2025: $612,335Net Income 2025: $23,0752025

Highlighted filing

2014

Revenue$371,888
Expenses$341,327
Net Income$30,561
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Aug 28, 2014
Return Version
2013v3.1
Gross Receipts
$371,888
Mission and Program Overview

Mission

Cooperative nursery school

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$385,318$411,364▲ $26,046
Cash and Non-Interest-Bearing Accounts$9,813$41,613▲ $31,800
Land, Buildings, and Equipment, Net$390$3,951▲ $3,561
Prepaid Expenses and Deferred Charges$2,598$2,526▼ $72
Accounts Receivable$1,028--
Total Assets$399,147$459,454▲ $60,307
Liabilities
Deferred Revenue$104,989$135,120▲ $30,131
Accounts Payable and Accrued Expenses$5,126$4,741▼ $385
Total Liabilities$110,115$139,861▲ $29,746
Net Assets / Fund Balance
Unrestricted Net Assets$285,763$318,314▲ $32,551
Temporarily Rstr Net Assets$3,269$1,279▼ $1,990
Total Net Assets Fund Balance$289,032$319,593▲ $30,561
Total Liabilities and Net Assets / Fund Balance$399,147$459,454▲ $60,307

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,951$26,552$30,503

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$3,269---$1,279
2012$6,887---$3,269
2011$16,161---$6,887
2010$26,984$9,177--$16,161
2009$34,398$2,783--$26,984
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maureen McwilliamsDirectorFT$58,206$58,206

Board Members and Trustees

NameTitle
Patricia KoliasPresident
Carrie FioreAssis. Treas
Amy SenseClass Liaiso
Jennifer OstroskyClass Liaiso
Lynne RussoClass Liaiso
Sonia SladeClass Liason
Kristen ClarkCommunicatio
Suzy RamseyCommunicatio
Azurae HoodCommunity Ou
Heather MangoEnrollment C
Michelle GiergaEnrollment C
Mara KunstHealth Cons.
Jennifer Feely HyzerLegal Adviso
Seema KarunakaranSecretary
Emily AmicoVP-committee
Dina PradelVP-personnel
Revenue and Support

Revenue Composition

Contributions and Grants
$28,877
Program Service Revenue
$340,072
Investment Income
$2,939
Other Revenue
$0
All Other Contributions
$28,877
Change in Net Assets
$30,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$248,420
Other Expenses$92,907
Total Fundraising Expense$8,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$230,029--$230,029
Occupancy$22,000--$22,000
Payroll Taxes$18,391--$18,391
All Other Expenses$804$11,572-$12,376
Other Expenses$7,629-$8,020$7,629
Insurance$6,377--$6,377
Fees for Services Accounting-$4,250-$4,250
Advertising$3,341--$3,341
Depreciation Depletion$463--$463
Total Functional Expenses$317,485$15,822$8,020$341,327
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's board of directors receive a copy of the federal form 990 and state tax returns and perform a review for any ommissions, errors or concerns or discrepancies with the reviewed financial statements prior to the date the tax returns are submitted for filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

The board of directors are required to disclose any potential conflicts of interest and are required to sign a disclosure statement upon appointment.

Form 990, Page 6, Part VI, Line 15A

The organization's head of personnel and president set and review the annual salary of the executive director.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request or are available via the massachusetts attorney general's office website for public charities.

Filing and Contact Details

Filer

EIN
04-2534124
Phone
7817292003

Signing Officer

Name
Maureen Mcwilliams
Title
Director
Phone
7817292003
Signed
2014-08-28
Discuss with paid preparer
Yes

Organization Details

Formed
1973
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
21

Preparer

Preparer
Nino Visconti CPA
Phone
7819330360
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02526
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION CURRENT YEAR
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0335080
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14992
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0335080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14992
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027357
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02852
IRS990/PYOtherExpensesAmt082477
IRS990/PYProgramServiceRevenueAmt0320239
IRS990/PYRevenuesLessExpensesAmt042684
IRS990/PYSalariesCompEmpBnftPaidAmt0225287
IRS990/PYTotalExpensesAmt0307764
IRS990/PYTotalRevenueAmt0350448
IRS990/ReconcilationRevenueExpnssAmt030561
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0385318
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0411364
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03269
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01279
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt03170
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06887
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03269
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt03618
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt016161
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06887
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt09274
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt026984
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt09177
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt016161
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt020000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt034398
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02783
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt026984
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt010197
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03951
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026552
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030503
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03951
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DURING REGISTRATION AND ENROLLMENT THE SCHOOL IS ADVERTISED AS NON-DISCRIMINATORY, NON-DENOMINATIONAL AND COEDUCATIONAL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS RECEIVE A COPY OF THE FEDERAL FORM 990 AND STATE TAX RETURNS AND PERFORM A REVIEW FOR ANY OMMISSIONS, ERRORS OR CONCERNS OR DISCREPANCIES WITH THE REVIEWED FINANCIAL STATEMENTS PRIOR TO THE DATE THE TAX RETURNS ARE SUBMITTED FOR FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AND ARE REQUIRED TO SIGN A DISCLOSURE STATEMENT UPON APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S HEAD OF PERSONNEL AND PRESIDENT SET AND REVIEW THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OR ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE WEBSITE FOR PUBLIC CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03269
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01279
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0399147
IRS990/TotalAssetsEOYAmt0459454
IRS990/TotalAssetsGrp/BOYAmt0399147
IRS990/TotalAssetsGrp/EOYAmt0459454
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt028877
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08020
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015822
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0317485
IRS990/TotalFunctionalExpensesGrp/TotalAmt0341327
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110115
IRS990/TotalLiabilitiesEOYAmt0139861
IRS990/TotalLiabilitiesGrp/BOYAmt0110115
IRS990/TotalLiabilitiesGrp/EOYAmt0139861
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0289032
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0319593
IRS990/TotalProgramServiceExpensesAmt0317485
IRS990/TotalProgramServiceRevenueAmt0340072
IRS990/TotalReportableCompFromOrgAmt058206
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0343011
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0371888
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0399147
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0459454
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0285763
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0318314
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.WINCHESTERCOOP.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MAUREEN MCWILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07817292003
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10WINCHESTER COOPERATIVE
ReturnHeader/Filer/BusinessName/BusinessNameLine20NURSERY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0WINC
ReturnHeader/Filer/EIN0042534124
ReturnHeader/Filer/PhoneNum07817292003

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.19$3.16$4.03$6.35$6.12$0.23
2024Detailed filing. Detailed filing data is available for this year.$6.87$3.07$3.80$5.95$5.92$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.61$2.84$3.77$5.41$5.71$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.16$3.10$4.07$5.77$5.17$0.60
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.69$3.22$3.47$4.25$3.81$0.44
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$1.11$3.03$4.50$4.55$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$2.39$3.08$4.49$4.49$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$2.25$3.08$4.38$4.40$0.02
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.87$1.77$3.10$3.89$4.11$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.03$1.72$3.31$4.08$3.93$0.15
2015Detailed filing. Detailed filing data is available for this year.$4.92$1.75$3.17$3.72$3.75$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.59$1.40$3.20$3.72$3.41$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$1.10$2.89$3.50$3.08$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$1.23$2.46$2.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$1.33$2.63$3.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$1.42$2.94$3.41$3.23$0.18