Civic Intelligence

Cabot After School Inc.

990 • Fiscal year 2014 • EIN 04-2623573

Aug 01, 2013 to Jul 31, 2014 • Filed on Sep 11, 2014

229 Cabot StreetNewton, MA 02460

(617) 964-2749

Siviq Scores

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

Liabilities / Assets

40th percentile

0.02x

Higher debt load relative to assets than 40% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$98,586

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

54th percentile

3.4%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

34th percentile

-2.4%

Faster revenue growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$492,781

Up $16,267 (+3.4%) from 2013

Net Assets

Up

$484,393

Up $15,372 (+3.3%) from 2013

Liabilities

Up

$8,388

Up $895 (+12%) from 2013

Revenue

Down

$775,609

Down $18,954 (-2.4%) from 2013

Expenses

Down

$760,237

Down $22,290 (-2.8%) from 2013

Net Income

Up

$15,372

Up $3,336 (+28%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $418,892Liabilities 2010: $4,947Net Assets 2010: $413,9452010Assets 2011: $427,883Liabilities 2011: $5,398Net Assets 2011: $422,4852011Assets 2012: $464,214Liabilities 2012: $7,229Net Assets 2012: $456,9852012Assets 2013: $476,514Liabilities 2013: $7,493Net Assets 2013: $469,0212013Assets 2014: $492,781Liabilities 2014: $8,388Net Assets 2014: $484,3932014Assets 2015: $480,828Liabilities 2015: $10,731Net Assets 2015: $470,0972015Assets 2016: $515,732Liabilities 2016: $10,731Net Assets 2016: $505,0012016Assets 2017: $526,654Liabilities 2017: $11,646Net Assets 2017: $515,0082017Assets 2018: $616,018Liabilities 2018: $10,375Net Assets 2018: $605,6432018Assets 2019: $653,110Liabilities 2019: $8,343Net Assets 2019: $644,7672019Assets 2020: $642,670Liabilities 2020: $160,843Net Assets 2020: $481,8272020Assets 2021: $544,167Liabilities 2021: $202,754Net Assets 2021: $341,4132021Assets 2022: $651,001Liabilities 2022: $13,948Net Assets 2022: $637,0532022Assets 2023: $973,384Liabilities 2023: $16,452Net Assets 2023: $956,9322023Assets 2024: $1,117,580Liabilities 2024: $20,779Net Assets 2024: $1,096,8012024

Highlighted filing

2014

Assets$492,781
Liabilities$8,388
Net Assets$484,393

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $734,9032010Expenses 2011: $734,6502011Expenses 2012: $749,5092012Revenue 2013: $794,563Expenses 2013: $782,527Net Income 2013: $12,0362013Revenue 2014: $775,609Expenses 2014: $760,237Net Income 2014: $15,3722014Revenue 2015: $814,778Expenses 2015: $829,074Net Income 2015: -$14,2962015Revenue 2016: $862,967Expenses 2016: $828,063Net Income 2016: $34,9042016Revenue 2017: $899,689Expenses 2017: $889,682Net Income 2017: $10,0072017Revenue 2018: $923,618Expenses 2018: $832,983Net Income 2018: $90,6352018Revenue 2019: $903,578Expenses 2019: $864,454Net Income 2019: $39,1242019Revenue 2020: $723,203Expenses 2020: $886,143Net Income 2020: -$162,9402020Revenue 2021: $622,877Expenses 2021: $763,291Net Income 2021: -$140,4142021Revenue 2022: $1,171,445Expenses 2022: $875,805Net Income 2022: $295,6402022Revenue 2023: $1,309,324Expenses 2023: $1,002,844Net Income 2023: $306,4802023Revenue 2024: $1,354,809Expenses 2024: $1,239,866Net Income 2024: $114,9432024

Highlighted filing

2014

Revenue$775,609
Expenses$760,237
Net Income$15,372
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Sep 11, 2014
Return Version
2013v3.0
Gross Receipts
$781,285
Mission and Program Overview

Mission

Providing after school child care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$251,093$462,203▲ $211,110
Cash and Non-Interest-Bearing Accounts$210,568$19,322▼ $191,246
Prepaid Expenses and Deferred Charges$13,112$9,987▼ $3,125
Accounts Receivable$796$1,269▲ $473
Land, Buildings, and Equipment, Net$945$0▼ $945
Total Assets$476,514$492,781▲ $16,267
Liabilities
Accounts Payable and Accrued Expenses$7,493$8,388▲ $895
Total Liabilities$7,493$8,388▲ $895
Net Assets / Fund Balance
Unrestricted Net Assets$469,021$484,393▲ $15,372
Total Net Assets Fund Balance$469,021$484,393▲ $15,372
Total Liabilities and Net Assets / Fund Balance$476,514$492,781▲ $16,267

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$14,492$14,492
Other Land Buildings$0$6,925$6,925
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lee GuertinDirectorFT$88,103$10,483$98,586
Zack HardyAssistant DirectorFT$60,127$7,841$67,968

Board Members and Trustees

NameTitle
Marc CohenPresident
Brian HodgsonVice President
Daniel BakalDirector
Helen GarityDirector
Linda SwainDirector
Lisa JonesDirector
Mindy BermanDirector
Sandy TiseClerk
Prabhu RaoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,000
Program Service Revenue
$756,277
Investment Income
$1,329
Other Revenue
$5,003
All Other Contributions
$13,000
Change in Net Assets
$15,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$775,609
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,676
Total Revenue per Audited Statements
$781,285
Total Revenue per Form 990
$775,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$604,753
Other Expenses$155,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$291,122$30,521-$321,643
Current Officers, Directors, Trustees, and Key Employees$86,557$61,672-$148,229
Pension Plan Contributions$78,485$19,158-$97,643
Payroll Taxes$29,932$7,306-$37,238
Occupancy$22,651$1,143-$23,794
Insurance$8,309$2,077-$10,386
All Other Expenses$2,183$6,781-$8,964
Office Expenses-$5,992-$5,992
Fees for Services Accounting-$5,550-$5,550
Other Expenses$4,722$10,492-$4,722
Depreciation Depletion$472$473-$945
Fees for Services Other-$751-$751
Advertising$100--$100
Total Functional Expenses$608,321$151,916$0$760,237

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$765,913
Expenses per Audited Statements$760,237
Total Expenses per Form 990$760,237
Expenses Not Reported on Form 990$5,676
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,679
Fundraising Direct Expenses$5,676
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
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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, Part VI, Section B, Line 11

The organization makes the form 990 available to the board of directors for review before filing.

Form 990, Part VI, Section B, Line 12C

The organization reviews the conflict of interest policy annually.

Form 990, Part VI, Section B, Line 15

The board of directors reviews the executive director's salary annually and the salary is determined based on the previous year's performance. The executive director reviews the key employees' salaries annually and their salaries are determined based on the success of the performance set out in the previous year.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public at the office of the organization by appointment.

Filing and Contact Details

Filer

EIN
04-2623573
Phone
6179642749

Signing Officer

Name
Marc Cohen
Title
President
Phone
6177948368
Signed
2014-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Cohen
Formed
1977
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
21
Volunteers
0

Preparer

Preparer
Michelle Goncalves
Phone
5082297900
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses netted on form 990 5,676.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses netted on form 990 5,676.

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IRS990/PYSalariesCompEmpBnftPaidAmt0619020
IRS990/PYTotalExpensesAmt0782527
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0794563
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt015372
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0756277
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251093
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0462203
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt047169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02231
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05481
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016324
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44790
IRS990ScheduleA/PublicSupportPY170Pct00.72220
IRS990ScheduleA/PublicSupportTotal170Amt028439
IRS990ScheduleA/SubstantialContributorsTotAmt018730
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09339
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02152
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0781
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021897
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt047169
IRS990ScheduleA/TotalSupportAmt063493
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014492
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014492
IRS990ScheduleD/ExpensesNotReportedAmt05676
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0760237
IRS990ScheduleD/OtherExpensesIncludedAmt05676
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06925
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06925
IRS990ScheduleD/OtherRevenueAmt05676
IRS990ScheduleD/RevenueNotReportedAmt05676
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0775609
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES NETTED ON FORM 990 5,676.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES NETTED ON FORM 990 5,676.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0760237
IRS990ScheduleD/TotalRevenuePerForm990Amt0775609
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0781285
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0765913
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES THE FORM 990 AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S SALARY ANNUALLY AND THE SALARY IS DETERMINED BASED ON THE PREVIOUS YEAR'S PERFORMANCE. THE EXECUTIVE DIRECTOR REVIEWS THE KEY EMPLOYEES' SALARIES ANNUALLY AND THEIR SALARIES ARE DETERMINED BASED ON THE SUCCESS OF THE PERFORMANCE SET OUT IN THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE OFFICE OF THE ORGANIZATION BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0476514
IRS990/TotalAssetsEOYAmt0492781
IRS990/TotalAssetsGrp/BOYAmt0476514
IRS990/TotalAssetsGrp/EOYAmt0492781
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt013000
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0151916
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0608321
IRS990/TotalFunctionalExpensesGrp/TotalAmt0760237
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07493
IRS990/TotalLiabilitiesEOYAmt08388
IRS990/TotalLiabilitiesGrp/BOYAmt07493
IRS990/TotalLiabilitiesGrp/EOYAmt08388
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0469021
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0484393
IRS990/TotalOtherCompensationAmt018324
IRS990/TotalProgramServiceExpensesAmt0608321
IRS990/TotalProgramServiceRevenueAmt0756277
IRS990/TotalReportableCompFromOrgAmt0148230
IRS990/TotalRevenueGrp/ExclusionAmt06332
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0756277
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0775609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0476514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0492781
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0469021
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0484393
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1025 BEECHCROFT ROAD
IRS990/USAddress/City0NEWTON

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.02$1.10$1.35$1.24$0.11
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.02$0.96$1.31$1.00$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.01$0.64$1.17$0.88$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.54$0.20$0.34$0.62$0.76$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.16$0.48$0.72$0.89$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.64$0.90$0.86$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.01$0.61$0.92$0.83$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.90$0.89$0.01
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.52$0.01$0.51$0.86$0.83$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.81$0.83$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$0.78$0.76$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.48$0.01$0.47$0.79$0.78$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.01$0.46$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.01$0.42$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.41$0.73