Civic Intelligence

Krismark Corporation

EIN 04-2944267 • 501(c)3 • Arlington, MA

Profile

To provide a safe and healthy environment to teach, nurture and prepare children for grade school.

819 Massachusetts AvenueArlington, MA 02476

arlingtoninfanttoddlercenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.59x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

41st percentile

0.8%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-2.9%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-1.5%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$620,417

Down $18,411 (-2.9%) from 2023

Liabilities

Down

$367,744

Down $37,720 (-9.3%) from 2023

Net Assets

Up

$252,673

Up $19,309 (+8.3%) from 2023

Revenue

Down

$2,357,294

Down $36,367 (-1.5%) from 2023

Expenses

Up

$2,337,985

Up $87,640 (+3.9%) from 2023

Net Income

Down

$19,309

Down $124,007 (-87%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $227,458Liabilities 2010: $98,870Net Assets 2010: $128,5882010Assets 2011: $244,283Liabilities 2011: $100,280Net Assets 2011: $144,0032011Assets 2012: $253,720Liabilities 2012: $115,615Net Assets 2012: $138,1052012Assets 2013: $300,438Liabilities 2013: $147,428Net Assets 2013: $153,0102013Assets 2014: $293,119Liabilities 2014: $129,849Net Assets 2014: $163,2702014Assets 2015: $381,445Liabilities 2015: $168,944Net Assets 2015: $212,5012015Assets 2016: $570,924Liabilities 2016: $186,060Net Assets 2016: $384,8642016Assets 2017: $630,404Liabilities 2017: $194,632Net Assets 2017: $435,7722017Assets 2018: $476,159Liabilities 2018: $194,716Net Assets 2018: $281,4432018Assets 2019: $326,939Liabilities 2019: $239,563Net Assets 2019: $87,3762019Assets 2020: $235,726Liabilities 2020: $743,166Net Assets 2020: -$507,4402020Assets 2021: $354,488Liabilities 2021: $298,575Net Assets 2021: $55,9132021Assets 2022: $486,211Liabilities 2022: $396,163Net Assets 2022: $90,0482022Assets 2023: $638,828Liabilities 2023: $405,464Net Assets 2023: $233,3642023Assets 2024: $620,417Liabilities 2024: $367,744Net Assets 2024: $252,6732024

Highlighted filing

2024

Assets$620,417
Liabilities$367,744
Net Assets$252,673

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,285,7282010Revenue 2011: $1,327,219Expenses 2011: $1,311,804Net Income 2011: $15,4152011Revenue 2012: $1,373,205Expenses 2012: $1,379,103Net Income 2012: -$5,8982012Revenue 2013: $1,410,454Expenses 2013: $1,395,549Net Income 2013: $14,9052013Revenue 2014: $1,452,823Expenses 2014: $1,442,563Net Income 2014: $10,2602014Revenue 2015: $1,618,848Expenses 2015: $1,569,617Net Income 2015: $49,2312015Revenue 2016: $1,753,653Expenses 2016: $1,581,290Net Income 2016: $172,3632016Revenue 2017: $1,832,743Expenses 2017: $1,781,835Net Income 2017: $50,9082017Revenue 2018: $1,891,719Expenses 2018: $2,046,048Net Income 2018: -$154,3292018Revenue 2019: $1,964,577Expenses 2019: $2,158,643Net Income 2019: -$194,0662019Revenue 2020: $1,391,824Expenses 2020: $1,986,640Net Income 2020: -$594,8162020Revenue 2021: $2,720,855Expenses 2021: $2,157,519Net Income 2021: $563,3362021Revenue 2022: $2,315,339Expenses 2022: $2,281,204Net Income 2022: $34,1352022Revenue 2023: $2,393,661Expenses 2023: $2,250,345Net Income 2023: $143,3162023Revenue 2024: $2,357,294Expenses 2024: $2,337,985Net Income 2024: $19,3092024

Highlighted filing

2024

Revenue$2,357,294
Expenses$2,337,985
Net Income$19,309

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.37$0.25$2.36$2.34$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.64$0.41$0.23$2.39$2.25$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.40$0.09$2.32$2.28$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.35$0.30$0.06$2.72$2.16$0.56
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.74$0.51$1.39$1.99$0.59
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.24$0.09$1.96$2.16$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.19$0.28$1.89$2.05$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.19$0.44$1.83$1.78$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.19$0.38$1.75$1.58$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.17$0.21$1.62$1.57$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.13$0.16$1.45$1.44$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.15$0.15$1.41$1.40$0.01
2012Summary only. Only limited summary data is available for this year.$0.25$0.12$0.14$1.37$1.38$0.01
2011Summary only. Only limited summary data is available for this year.$0.24$0.10$0.14$1.33$1.31$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.10$0.13$1.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.2
Gross Receipts
$2,357,294
Mission and Program Overview

Mission

To provide a safe and healthy environment to teach, nurture and prepare children for grade school.

Child care center/preschool

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$250,375$301,110▲ $50,735
Cap Stk Tr Prin Current Funds$233,364$252,673▲ $19,309
Cash and Non-Interest-Bearing Accounts$118,769$116,692▼ $2,077
Prepaid Expenses and Deferred Charges$15,485$17,314▲ $1,829
Land, Buildings, and Equipment, Net$16,730$16,080▼ $650
Accounts Receivable$22,620$15,500▼ $7,120
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$638,828$620,417▼ $18,411
Other Assets Total$214,849$153,721▼ $61,128
Liabilities
Other Liabilities$299,885$240,716▼ $59,169
Accounts Payable and Accrued Expenses$105,579$123,980▲ $18,401
Deferred Revenue$0$3,048▲ $3,048
Total Liabilities$405,464$367,744▼ $37,720
Net Assets / Fund Balance
Total Net Assets Fund Balance$233,364$252,673▲ $19,309
Total Liabilities and Net Assets / Fund Balance$638,828$620,417▼ $18,411

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,080$31,843$47,923
Other Assets Org$147,888--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristin WojciakDirectorFT$204,346$8,174$212,520
Gary S StevensTreasurer and DirectorPT$170,500$6,820$177,320
Michael J CicconePresident and DirectorPT$170,500$6,820$177,320

Board Members and Trustees

NameTitle
David CarusoDirector
David MageeDirector
Fred BraleyDirector
Kate MarkarianDirector
Michael LevinDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Stevens And Ciccone Associates PCGeneral & Admin105 CHESTNUT STREET SUITE 33, Needham, MA 02492$197,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,217,399
Investment Income
$735
Other Revenue
$139,160
Change in Net Assets
$19,309

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,357,294
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,357,294
Total Revenue per Form 990
$2,357,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,912,287
Other Expenses$425,698
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,067,791--$1,067,791
Current Officers, Directors, Trustees, and Key Employees$567,160--$567,160
Fees for Services Management-$197,000-$197,000
Payroll Taxes$131,223--$131,223
Other Employee Benefits$125,161--$125,161
Occupancy$70,000--$70,000
Insurance$24,820--$24,820
Pension Plan Contributions$20,952--$20,952
All Other Expenses$19,556--$19,556
Other Expenses$12,822--$12,822
Fees for Services Accounting-$10,600-$10,600
Office Expenses$6,339--$6,339
Fees for Services Other-$2,396-$2,396
Depreciation Depletion$650--$650
Information Technology$100--$100
Total Functional Expenses$2,127,989$209,996$0$2,337,985

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,337,985
Total Expenses per Audited Statements$2,337,985
Total Expenses per Form 990$2,337,985
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Parent Security Deposits$92,827
Long-term Lease Liabilities$78,259
Current Portion of Lease Liabilities$69,630
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management services for krismark corporation are delegated to a management company. All management company decisions are ratified by the board of directors.

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

Copy of form 990 and the audited financial statements are provided to the organization's governing body for review and approval before it is filed.

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

Each disclosure, if any, must be circulated to all of the directors of the corporation on an annual basis and updated throughout the year.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Krismark Corporation
EIN
04-2944267
Phone
7816467623
Address
819 MASSACHUSETTS AVENUE, ARLINGTON, MA 02476

Signing Officer

Name
Gary S Stevens
Title
Treasurer
Phone
6179698700
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary S Stevens
Formed
1987
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
5
Employees
46
Volunteers
0

Preparer

Firm
Stevens & Ciccone Associates Pc
Address
105 CHESTNUT STREET SUITE 33, NEEDHAM, MA 02492
Preparer
Gary S Stevens CPA
Phone
6179698700
Supplemental Narrative

Additional Explanations

Form 990, Part XII Line 2C

There was no change in the oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The organization does not believe it has taken any material uncertain tax positions, and accordingly, it has not recorded any liability for unrecognized tax benefits. (asc 740 statement) this is from the audited financial statement footnotes.

Raw XML AppendixShowing 400 of 513 raw XML fields

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/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1EDUCATION AND FIELD TRI
IRS990/OtherExpensesGrp/Desc2CLEANING
IRS990/OtherExpensesGrp/Desc3REPAIRS, MAINTENANCE AN
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IRS990/OtherExpensesGrp/ProgramServicesAmt216714
IRS990/OtherExpensesGrp/ProgramServicesAmt312822
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IRS990/OtherExpensesGrp/TotalAmt312822
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IRS990/OtherOrganizationDsc0NON PROFIT
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IRS990/OtherRevenueMiscGrp/Desc0MA GRANT INCOME
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0131223
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IRS990/PoliticalCampaignActyInd00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/ReportLandBuildingEquipmentInd01
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IRS990/ReportOtherLiabilitiesInd01
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RENT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSETS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF LEASE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LONG-TERM LEASE LIABILITIES
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, AND ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. (ASC 740 STATEMENT) THIS IS FROM THE AUDITED FINANCIAL STATEMENT FOOTNOTES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0153721
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IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PART OF OUR PERSONNEL POLICIES. POLICY ALSO LISTED IN THE NEWSPAPER. LISTED IN OUR PARENT HANDBOOK AS WELL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE ARE AWARDED TO ANY STUDENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2STATE GRANTS FOR CHILD CARE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KRISTIN WOJCIAK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHAEL J CICCONE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2GARY S STEVENS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT AND DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER AND DIRECTOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT SERVICES FOR KRISMARK CORPORATION ARE DELEGATED TO A MANAGEMENT COMPANY. ALL MANAGEMENT COMPANY DECISIONS ARE RATIFIED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DISCLOSURE, IF ANY, MUST BE CIRCULATED TO ALL OF THE DIRECTORS OF THE CORPORATION ON AN ANNUAL BASIS AND UPDATED THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3

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