Civic Intelligence

Creative Learning for Children Inc.

990 • Fiscal year 2017 • EIN 04-2762852

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 25, 2018

PO Box 506Andover, MA 01810

(978) 475-1422

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

37th percentile

-1.1%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$68,538

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

83rd percentile

47%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

3.8%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$42,514

Up $13,643 (+47%) from 2016

Net Assets

Up

$23,508

Up $2,854 (+14%) from 2016

Liabilities

Up

$19,006

Up $10,789 (+131%) from 2016

Revenue

Up

$476,274

Up $17,421 (+3.8%) from 2016

Expenses

Up

$481,674

Up $20,528 (+4.5%) from 2016

Net Income

Down

-$5,400

Down $3,107 (-135%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $47,017Liabilities 2011: $21,691Net Assets 2011: $25,3262011Assets 2012: $49,936Liabilities 2012: $18,041Net Assets 2012: $31,8952012Assets 2013: $41,323Liabilities 2013: $14,681Net Assets 2013: $26,6422013Assets 2014: $48,970Liabilities 2014: $17,821Net Assets 2014: $31,1492014Assets 2015: $31,961Liabilities 2015: $9,290Net Assets 2015: $22,6712015Assets 2016: $28,871Liabilities 2016: $8,217Net Assets 2016: $20,6542016Assets 2017: $42,514Liabilities 2017: $19,006Net Assets 2017: $23,5082017Assets 2018: $39,270Liabilities 2018: $14,667Net Assets 2018: $24,6032018Assets 2019: $28,620Liabilities 2019: $6,875Net Assets 2019: $21,7452019Assets 2020: $159,489Liabilities 2020: $247,051Net Assets 2020: -$87,5622020Assets 2021: $79,204Liabilities 2021: $153,795Net Assets 2021: -$74,5912021Assets 2022: $161,750Liabilities 2022: $173,866Net Assets 2022: -$12,1162022Assets 2023: $129,070Liabilities 2023: $159,264Net Assets 2023: -$30,1942023Assets 2024: $106,271Liabilities 2024: $144,404Net Assets 2024: -$38,1332024

Highlighted filing

2017

Assets$42,514
Liabilities$19,006
Net Assets$23,508

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $374,032Expenses 2011: $398,160Net Income 2011: -$24,1282011Revenue 2012: $364,515Expenses 2012: $353,835Net Income 2012: $10,6802012Revenue 2013: $371,596Expenses 2013: $376,899Net Income 2013: -$5,3032013Revenue 2014: $402,335Expenses 2014: $398,848Net Income 2014: $3,4872014Revenue 2015: $438,998Expenses 2015: $447,418Net Income 2015: -$8,4202015Revenue 2016: $458,853Expenses 2016: $461,146Net Income 2016: -$2,2932016Revenue 2017: $476,274Expenses 2017: $481,674Net Income 2017: -$5,4002017Revenue 2018: $471,196Expenses 2018: $470,101Net Income 2018: $1,0952018Revenue 2019: $493,744Expenses 2019: $496,602Net Income 2019: -$2,8582019Revenue 2020: $188,183Expenses 2020: $297,696Net Income 2020: -$109,5132020Revenue 2021: $408,719Expenses 2021: $393,338Net Income 2021: $15,3812021Revenue 2022: $506,581Expenses 2022: $437,035Net Income 2022: $69,5462022Revenue 2023: $469,409Expenses 2023: $487,127Net Income 2023: -$17,7182023Revenue 2024: $507,125Expenses 2024: $515,064Net Income 2024: -$7,9392024

Highlighted filing

2017

Revenue$476,274
Expenses$481,674
Net Income-$5,400
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 25, 2018
Return Version
2016v3.0
Gross Receipts
$492,284
Mission and Program Overview

Mission

Provide a summer enrichment program offering varied educational and cultural opportunities to children in the merrimack valley in massachusetts in grades pre-k through 8

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,674$19,910▲ $10,236
Land, Buildings, and Equipment, Net$13,100$16,778▲ $3,678
Inventories for Sale or Use$4,650$4,350▼ $300
Prepaid Expenses and Deferred Charges$1,447$1,476▲ $29
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$28,871$42,514▲ $13,643
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$8,217$10,105▲ $1,888
Mortgage Notes Payable Secured by Investment Property-$8,901-
Total Liabilities$8,217$19,006▲ $10,789
Net Assets / Fund Balance
Unrestricted Net Assets$19,365$13,965▼ $5,400
Temporarily Rstr Net Assets$1,289$9,543▲ $8,254
Total Net Assets Fund Balance$20,654$23,508▲ $2,854
Total Liabilities and Net Assets / Fund Balance$28,871$42,514▲ $13,643

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,778$4,195$20,973
Equipment-$800$800

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,289$13,609--$9,543
2015$1,014-▲ $2,500-$1,289
2014$1,070-▲ $1,500-$1,014
2013$50$2,500--$1,070
2012-$1,250--$50
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janis BaronPresident/treasFT$66,000$2,538$68,538

Board Members and Trustees

NameTitle
Bethany MichelDirector
Linda ZakasDirector
Loren AndersonClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$485,739
Investment Income
$-6,555
Other Revenue
$-2,910
Change in Net Assets
$-5,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$393,140
Salaries, Compensation, and Employee Benefits$83,313
Grants and Similar Amounts Paid$5,221
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$150,495$10,897-$161,392
Current Officers, Directors, Trustees, and Key Employees$59,400$6,600-$66,000
Occupancy$25,187$8,396-$33,583
Office Expenses$24,542$8,181-$32,723
Advertising$20,730--$20,730
All Other Expenses$14,401$3,355-$17,756
Travel$12,882$3,220-$16,102
Other Expenses$10,466$4,425-$10,466
Other Salaries and Wages$8,073$897-$8,970
Fees for Services Accounting$5,154$1,289-$6,443
Payroll Taxes$5,224$581-$5,805
Depreciation Depletion$3,356$839-$4,195
Insurance$1,819$1,819-$3,638
Grants to Domestic Individuals$3,520--$3,520
Other Employee Benefits$2,538--$2,538
Information Technology$1,844$615-$2,459
Grants to Domestic Orgs$1,701--$1,701
Interest$471$118-$589
Total Functional Expenses$428,364$53,310$0$481,674
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Janis BaronDirector SonPrinting,advertisingNo$31,288
-DirectorLeaseNo$13,080

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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, Line 8: Explanation of No Contemporaneously Documentation of Meetings

There were no meetings or written actions undertaken by any committee with authority to act on behalf of the governing body during the year

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft version of the form 990 is presented to the president for review. Any questions are brought to the attention of the tax preparer and once all questions are adequately answered the return is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually the organization requires each member of the board of directors to sign an conflict of interest document disclosing conflict of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of directors, after examining other similar area children's programs, approved the director's salary and recorded this in the minutes.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors reviews comparable salries in the local area and approves salary amounts of directors and officers.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization makes its form 990 available to the public upon request. The organization's form 990 and financial statements available via the massachusetts attorney general's website.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Creative Learning for Children Inc
EIN
04-2762852
Phone
9784751422
Address
PO BOX 506, ANDOVER, MA 01810

Signing Officer

Name
Janis Baron
Title
President/treas
Signed
2018-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janis Baron
Formed
1981
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
2
Employees
2
Volunteers
14

Preparer

Firm
Mark W Nichols CPA PC
Address
10 New England Bus Ctr Drive, Andover, MA 01810
Preparer
Michele D Ohlson CPA
Phone
9789845425
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Temporarily restricted scholarship fund = $8254

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The remaining balance in the scholarship fund will be used for scholarships

Part X : FIN48 Footnote

Accounting standards provide detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in an organization's financial statements. Under these standards, an entity is required to recognize the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. The organization has evaluated its significant tax positions against the criteria established and believes there are no such tax positions requiring accounting recognition. The organization is generally no longer subject to examination by the internal revenue service for years prior to 2012.

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IRS990/OtherExpensesGrp/TotalAmt041551
IRS990/OtherExpensesGrp/TotalAmt129497
IRS990/OtherExpensesGrp/TotalAmt212016
IRS990/OtherExpensesGrp/TotalAmt310466
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0897
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08073
IRS990/OtherSalariesAndWagesGrp/TotalAmt08970
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0581
IRS990/PayrollTaxesGrp/ProgramServicesAmt05224
IRS990/PayrollTaxesGrp/TotalAmt05805
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01447
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01476
IRS990/PrincipalOfficerNm0JANIS BARON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0485739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0485739
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04017
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010220
IRS990/PYInvestmentIncomeAmt056
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0364144
IRS990/PYOtherRevenueAmt0-110
IRS990/PYProgramServiceRevenueAmt0454890
IRS990/PYRevenuesLessExpensesAmt0-2293
IRS990/PYSalariesCompEmpBnftPaidAmt086782
IRS990/PYTotalExpensesAmt0461146
IRS990/PYTotalRevenueAmt0458853
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-5400
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0485739
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0473723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0432211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0398603
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0371527
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0360676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02036740
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0107
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0297
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0297
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt02036740
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0473723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0432211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0398603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0371527
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0360676
IRS990ScheduleA/Total509Grp/TotalAmt02036740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0473768
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0432259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0398710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0371596
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0360704
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02037037
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01289
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt013609
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt09543
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt05355
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01014
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01289
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02225
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01070
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01014
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01556
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt050
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01070
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01480
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt050
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01200
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0800
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0800
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016778
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04195
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020973
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REMAINING BALANCE IN THE SCHOLARSHIP FUND WILL BE USED FOR SCHOLARSHIPS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. UNDER THESE STANDARDS, AN ENTITY IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION HAS EVALUATED ITS SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016778
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BANG INDUSTRIES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JANIS BARON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR SON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt031288
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt113080
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PRINTING,ADVERTISING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1LEASE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:1. (A) NAME OF PERSON: BANG INDUSTRIES(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY OWNED BY SON OF PRESIDENT OF THE ORGANIZATION(D) DESCRIPTION OF TRANSACTION: ORGANIZATION PURCHASED T-SHIRTS FOR STAFF AND STUDENT USE AND PRINTING AND ADVERTISING SERVICES FROM THE ENTITYSCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:2. (A) NAME OF PERSON: JANIS BARON(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: PRESIDENT AND DIRECTOR OF THE ORGANIZATION(D) DESCRIPTION OF TRANSACTION: ORGANIZATION LEASED OPERATIONAL AND STORAGE SPACE FROM THE PRESIDENT AND DIRECTOR OF THE ORGANIZATION
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE WERE NO MEETINGS OR WRITTEN ACTIONS UNDERTAKEN BY ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT VERSION OF THE FORM 990 IS PRESENTED TO THE PRESIDENT FOR REVIEW. ANY QUESTIONS ARE BROUGHT TO THE ATTENTION OF THE TAX PREPARER AND ONCE ALL QUESTIONS ARE ADEQUATELY ANSWERED THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE ORGANIZATION REQUIRES EACH MEMBER OF THE BOARD OF DIRECTORS TO SIGN AN CONFLICT OF INTEREST DOCUMENT DISCLOSING CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS, AFTER EXAMINING OTHER SIMILAR AREA CHILDREN'S PROGRAMS, APPROVED THE DIRECTOR'S SALARY AND RECORDED THIS IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS COMPARABLE SALRIES IN THE LOCAL AREA AND APPROVES SALARY AMOUNTS OF DIRECTORS AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FORM 990 AND FINANCIAL STATEMENTS AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TEMPORARILY RESTRICTED SCHOLARSHIP FUND = $8254
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$1.44$0.38$5.07$5.15$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.29$1.59$0.30$4.69$4.87$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$1.74$0.12$5.07$4.37$0.70
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$1.54$0.75$4.09$3.93$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$2.47$0.88$1.88$2.98$1.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.07$0.22$4.94$4.97$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.15$0.25$4.71$4.70$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.19$0.24$4.76$4.82$0.05
2016Summary only. Only limited summary data is available for this year.$0.29$0.08$0.21$4.59$4.61$0.02
2015Summary only. Only limited summary data is available for this year.$0.32$0.09$0.23$4.39$4.47$0.08
2014Summary only. Only limited summary data is available for this year.$0.49$0.18$0.31$4.02$3.99$0.03
2013Summary only. Only limited summary data is available for this year.$0.41$0.15$0.27$3.72$3.77$0.05
2012Summary only. Only limited summary data is available for this year.$0.50$0.18$0.32$3.65$3.54$0.11
2011Summary only. Only limited summary data is available for this year.$0.47$0.22$0.25$3.74$3.98$0.24