Civic Intelligence

Armory Square Day Care Inc.

990 • Fiscal year 2016 • EIN 04-2859139

Jan 01, 2016 to Dec 31, 2016 • Filed on May 14, 2019

1 Armory SquareSpringfield, MA 01105

(413) 755-4955

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

28th percentile

-6.5%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

90th percentile

$43,793

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 25.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

1.3%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$49,335

Down $11,000 (-18%) from 2015

Net Assets

Down

$45,871

Down $11,109 (-19%) from 2015

Liabilities

Up

$3,464

Up $109 (+3.2%) from 2015

Revenue

Up

$170,613

Up $2,109 (+1.3%) from 2015

Expenses

Down

$181,723

Down $21,002 (-10%) from 2015

Net Income

Up

-$11,110

Up $23,111 (+68%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $118,464Liabilities 2011: $7,0802011Assets 2012: $104,069Liabilities 2012: $5,128Net Assets 2012: $98,9412012Assets 2013: $95,069Liabilities 2013: $5,506Net Assets 2013: $89,5632013Assets 2014: $100,992Liabilities 2014: $9,791Net Assets 2014: $91,2012014Assets 2015: $60,335Liabilities 2015: $3,355Net Assets 2015: $56,9802015Assets 2016: $49,335Liabilities 2016: $3,464Net Assets 2016: $45,8712016Assets 2017: $31,166Liabilities 2017: $2,689Net Assets 2017: $28,4772017Assets 2018: $25,642Liabilities 2018: $1,791Net Assets 2018: $23,8512018Assets 2019: $46,253Liabilities 2019: $1,613Net Assets 2019: $44,6402019Assets 2020: $66,769Liabilities 2020: $1,296Net Assets 2020: $65,4732020Assets 2021: $39,246Liabilities 2021: $0Net Assets 2021: $39,2462021Assets 2022: $28,892Liabilities 2022: $1,370Net Assets 2022: $27,5222022Assets 2023: $12,923Liabilities 2023: $1,247Net Assets 2023: $11,6762023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$49,335
Liabilities$3,464
Net Assets$45,871

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $182,093Expenses 2011: $184,751Net Income 2011: -$2,6582011Revenue 2012: $202,100Expenses 2012: $214,543Net Income 2012: -$12,4432012Revenue 2013: $212,784Expenses 2013: $222,162Net Income 2013: -$9,3782013Revenue 2014: $244,140Expenses 2014: $242,502Net Income 2014: $1,6382014Revenue 2015: $168,504Expenses 2015: $202,725Net Income 2015: -$34,2212015Revenue 2016: $170,613Expenses 2016: $181,723Net Income 2016: -$11,1102016Revenue 2017: $162,239Expenses 2017: $149,306Net Income 2017: $12,9332017Revenue 2018: $164,489Expenses 2018: $145,469Net Income 2018: $19,0202018Revenue 2019: $206,422Expenses 2019: $149,645Net Income 2019: $56,7772019Revenue 2020: $125,470Expenses 2020: $100,838Net Income 2020: $24,6322020Revenue 2021: $106,018Expenses 2021: $127,069Net Income 2021: -$21,0512021Revenue 2022: $133,447Expenses 2022: $145,171Net Income 2022: -$11,7242022Revenue 2023: $128,812Expenses 2023: $144,658Net Income 2023: -$15,8462023Revenue 2024: $90,731Expenses 2024: $96,123Net Income 2024: -$5,3922024

Highlighted filing

2016

Revenue$170,613
Expenses$181,723
Net Income-$11,110
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 14, 2019
Return Version
2016v3.0
Gross Receipts
$170,613
Mission and Program Overview

Mission

Armory Square Child Care Inc. is a private, non-profit child day care serving the children of STCC students, faculty, and staff, and the public. Licensed to accommodate up to 40 children ages two-years-nine months to five-years, the center offers full- and part-time programs, year-round.

Provide day care services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,076$49,335▼ $1,741
Accounts Receivable$9,259--
Total Assets$60,335$49,335▼ $11,000
Liabilities
Accounts Payable and Accrued Expenses$3,354$3,464▲ $110
Total Liabilities$3,354$3,464▲ $110
Net Assets / Fund Balance
Unrestricted Net Assets$56,981$45,871▼ $11,110
Total Net Assets Fund Balance$56,981$45,871▼ $11,110
Total Liabilities and Net Assets / Fund Balance$60,335$49,335▼ $11,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
CharityProvostFT$43,793$43,793

Board Members and Trustees

NameTitle
Jane AlinoviPresident
Lynne QuintinVice President
FranceneClinton Treas
Vin GrassettiCommunity Rep
AnnieRivera Hebert
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$170,601
Investment Income
$12
Other Revenue
$0
Change in Net Assets
$-11,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$153,192
Other Expenses$28,531
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$134,043--$134,043
Payroll Taxes$15,594--$15,594
Occupancy$5,792--$5,792
Pension Plan Contributions$3,555--$3,555
Fees for Services Accounting$3,175--$3,175
Insurance$2,342--$2,342
All Other Expenses$1,840--$1,840
Conferences and Meetings$885--$885
Other Expenses$840--$840
Advertising$829--$829
Office Expenses$689--$689
Total Functional Expenses$181,723$0$0$181,723
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
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990 Part VI Section B Line 15

Salary recomendations are made by the executive director then discussed and approved by the board of trustees.

Filing and Contact Details

Filer

Filer Name
Armory Square Day Care Inc
EIN
04-2859139
Phone
4137554955
Address
1 ARMORY SQUARE, SPRINGFIELD, MA 01105

Signing Officer

Name
Francene Clinton
Title
Treasurer
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francene Clinton
Voting Board Members
6
Independent Board Members
5
Employees
0

Preparer

Firm
Redstone Accounting Service
Address
264 NORTH MAIN STREET SUITE 2A, EAST LONGMEADOW, MA 01028
Preparer
Anthony Cianflone
Phone
4135250011
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ReturnHeader/Filer/EIN0042859139
ReturnHeader/Filer/PhoneNum04137554955
ReturnHeader/Filer/USAddress/AddressLine1Txt01 ARMORY SQUARE
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001105
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05BB2DE01A93BE2C6C3A3C20806007927503D5086
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05BB2DE01A93BE2C6C3A3C20806007927503D5086
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.9.150.226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042955997
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REDSTONE ACCOUNTING SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0264 NORTH MAIN STREET SUITE 2A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST LONGMEADOW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001028
ReturnHeader/PreparerPersonGrp/PhoneNum04135250011
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY CIANFLONE
ReturnHeader/ReturnTs02019-05-30T14:06:30-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.91$0.96$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$1.29$1.45$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$1.33$1.45$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.06$1.27$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.01$0.65$1.25$1.01$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.02$0.45$2.06$1.50$0.57
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$1.64$1.45$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.03$0.28$1.62$1.49$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.03$0.46$1.71$1.82$0.11
2015Summary only. Only limited summary data is available for this year.$0.60$0.03$0.57$1.69$2.03$0.34
2014Summary only. Only limited summary data is available for this year.$1.01$0.10$0.91$2.44$2.43$0.02
2013Summary only. Only limited summary data is available for this year.$0.95$0.06$0.90$2.13$2.22$0.09
2012Summary only. Only limited summary data is available for this year.$1.04$0.05$0.99$2.02$2.15$0.12
2011Summary only. Only limited summary data is available for this year.$1.18$0.07$1.82$1.85$0.03