Civic Intelligence

West Bay Collaborative Inc.

990 • Fiscal year 2014 • EIN 05-0460855

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 06, 2015

144 Bignall StreetWest Warwick, RI 02888-1005

(401) 941-8353

Siviq Scores

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

Liabilities / Assets

59th percentile

0.19x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

43rd percentile

0.08x

Higher debt load relative to revenue than 43% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

64th percentile

8.3%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$101,618

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

25th percentile

-6.7%

Faster revenue growth than 25% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,859,971

Up $194,721 (+12%) from 2013

Net Assets

Up

$1,507,298

Up $381,368 (+34%) from 2013

Liabilities

Down

$352,673

Down $186,647 (-35%) from 2013

Revenue

Down

$4,591,156

Down $331,014 (-6.7%) from 2013

Expenses

Down

$4,209,791

Down $498,001 (-11%) from 2013

Net Income

Up

$381,365

Up $166,987 (+78%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,019,217Liabilities 2011: $129,839Net Assets 2011: $889,3782011Assets 2012: $1,559,508Liabilities 2012: $647,956Net Assets 2012: $911,5522012Assets 2013: $1,665,250Liabilities 2013: $539,320Net Assets 2013: $1,125,9302013Assets 2014: $1,859,971Liabilities 2014: $352,673Net Assets 2014: $1,507,2982014Assets 2015: $1,798,637Liabilities 2015: $236,380Net Assets 2015: $1,562,2572015Assets 2016: $2,123,922Liabilities 2016: $270,408Net Assets 2016: $1,853,5142016Assets 2017: $2,037,195Liabilities 2017: $141,495Net Assets 2017: $1,895,7002017Assets 2018: $1,897,902Liabilities 2018: $128,485Net Assets 2018: $1,769,4172018Assets 2019: $2,078,866Liabilities 2019: $244,791Net Assets 2019: $1,834,0752019Assets 2020: $2,789,549Liabilities 2020: $895,989Net Assets 2020: $1,893,5602020Assets 2021: $2,873,733Liabilities 2021: $143,252Net Assets 2021: $2,730,4812021Assets 2022: $2,617,303Liabilities 2022: $170,434Net Assets 2022: $2,446,8692022Assets 2023: $2,780,714Liabilities 2023: $326,176Net Assets 2023: $2,454,5382023Assets 2024: $3,027,535Liabilities 2024: $171,940Net Assets 2024: $2,855,5952024

Highlighted filing

2014

Assets$1,859,971
Liabilities$352,673
Net Assets$1,507,298

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,654,5642011Expenses 2012: $4,589,7932012Revenue 2013: $4,922,170Expenses 2013: $4,707,792Net Income 2013: $214,3782013Revenue 2014: $4,591,156Expenses 2014: $4,209,791Net Income 2014: $381,3652014Revenue 2015: $4,187,617Expenses 2015: $4,132,658Net Income 2015: $54,9592015Revenue 2016: $4,881,154Expenses 2016: $4,589,897Net Income 2016: $291,2572016Revenue 2017: $5,055,512Expenses 2017: $5,013,326Net Income 2017: $42,1862017Revenue 2018: $4,451,963Expenses 2018: $4,578,246Net Income 2018: -$126,2832018Revenue 2019: $4,788,407Expenses 2019: $4,723,750Net Income 2019: $64,6572019Revenue 2020: $5,761,411Expenses 2020: $5,701,926Net Income 2020: $59,4852020Revenue 2021: $6,313,602Expenses 2021: $5,476,681Net Income 2021: $836,9212021Revenue 2022: $5,710,370Expenses 2022: $5,993,982Net Income 2022: -$283,6122022Revenue 2023: $6,291,257Expenses 2023: $6,283,589Net Income 2023: $7,6682023Revenue 2024: $7,384,413Expenses 2024: $6,983,356Net Income 2024: $401,0572024

Highlighted filing

2014

Revenue$4,591,156
Expenses$4,209,791
Net Income$381,365
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 6, 2015
Return Version
2013v4.0
Gross Receipts
$4,591,156
Mission and Program Overview

Mission

To support public education through joint programing, training and teaching

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$510,877$753,231▲ $242,354
Pledges and Grants Receivable$812,541$590,431▼ $222,110
Accounts Receivable$291,460$258,879▼ $32,581
Land, Buildings, and Equipment, Net$9,336$165,706▲ $156,370
Prepaid Expenses and Deferred Charges$37,436$87,660▲ $50,224
Total Assets$1,665,250$1,859,971▲ $194,721
Other Assets Total$3,600$4,064▲ $464
Liabilities
Accounts Payable and Accrued Expenses$421,419$245,548▼ $175,871
Deferred Revenue$117,901$107,125▼ $10,776
Total Liabilities$539,320$352,673▼ $186,647
Net Assets / Fund Balance
Unrestricted Net Assets$1,125,930$1,507,298▲ $381,368
Total Net Assets Fund Balance$1,125,930$1,507,298▲ $381,368
Total Liabilities and Net Assets / Fund Balance$1,665,250$1,859,971▲ $194,721

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$165,706$117,748-
Equipment-$37,119-
Leasehold Improvements-$53,278-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen OstroffExec. DirectorFT$101,618$101,618

Board Members and Trustees

NameTitle
Caroline CaswellBoard member
DR RICHARD D'AGOSTINOBoard member
Dr Michael BarnesBoard member
Dr Paul LescaultBoard member
Judith LundstenBoard Member
Karen TarasevichBoard member
Lisa Vargas-sinapiBoard member
Michael AlmeidaBoard member
Patricia DuboisBoard member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,591,156
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,786,477
Change in Net Assets
$381,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,591,156
Total Revenue per Audited Statements
$4,591,156
Total Revenue per Form 990
$4,591,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,885,340
Other Expenses$1,324,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,941,754$0$0$1,941,754
Other Employee Benefits$437,222$53,350$0$490,572
Other Expenses$432,942$0$0$432,942
All Other Expenses$409,402$22,318$0$431,720
Payroll Taxes$214,446$31,594$0$246,040
Current Officers, Directors, Trustees, and Key Employees$0$206,974$0$206,974
Fees for Services Legal$0$115,000$0$115,000
Fees for Services Management$107,644$0$0$107,644
Occupancy$66,603$24,997$0$91,600
Insurance$0$12,931$0$12,931
Office Expenses$10,374$718$0$11,092
Depreciation Depletion$9,336$0$0$9,336
Advertising$0$1,597$0$1,597
Total Functional Expenses$3,709,937$499,854$0$4,209,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,209,791
Total Expenses per Audited Statements$4,209,791
Total Expenses per Form 990$4,209,791
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
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
Filing and Contact Details

Filer

EIN
05-0460855
Phone
4019418353

Signing Officer

Name
Karen Ostroff
Title
Executive Director
Phone
4019418353
Signed
2015-01-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Ostroff
Formed
1991
Legal Domicile
Ri
Voting Board Members
9
Independent Board Members
9
Employees
52
Volunteers
0

Preparer

Preparer
Paul L Dansereaucpa
Phone
4016150880
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

MANGEMENT REVIEW

Pt VI, Line 15A

Business manager provided amounts

Pt VI, Line 19

Documents are available upon request as wbc doesn't have a website

Pt VI, Line 15B

Executive director negotiates individual contracts

Form 990, Part IX, Line 24F

Repairs & maintenance 14718. 14539. 179. 0. Equip rental/lease 21187. 19661. 1526. 0. Other property services 16115. 13026. 3089. 0. Technical services 170219. 164698. 5521. 0. Employee mileage reimbursement 12085. 11966. 119. 0. Food services & supplies 12013. 12013. 0. 0. Student activities 43306. 43306. 0. 0. General supplies & materials 72758. 69769. 2989. 0. Technical equipment 23909. 23792. 117. Energy & transportation 29079. 23661. 5418. 0. Dues & fees 16331. 12971. 3360. 0.

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IRS990/PayrollTaxesGrp/ProgramServicesAmt0214446
IRS990/PayrollTaxesGrp/TotalAmt0246040
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0812541
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0590431
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037436
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt087660
IRS990/PrincipalOfficerNm0KAREN OSTROFF
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04922170
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01995240
IRS990/PYRevenuesLessExpensesAmt0214378
IRS990/PYSalariesCompEmpBnftPaidAmt02712552
IRS990/PYTotalExpensesAmt04707792
IRS990/PYTotalRevenueAmt04922170
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0381365
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02786477
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04591156
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04922170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04611967
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02702990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03176148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt020004431
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0405
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0405
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0405
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0405
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt020004431
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04591156
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04922170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04611967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02702990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03176148
IRS990ScheduleA/Total509Grp/TotalAmt020004431
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020004836
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037119
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt037119
IRS990ScheduleD/ExpensesSubtotalAmt04209791
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt053278
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt053278
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0165706
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0117748
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0283454
IRS990ScheduleD/RevenueSubtotalAmt04591156
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0165706
IRS990ScheduleD/TotalExpensesPerForm990Amt04209791
IRS990ScheduleD/TotalRevenuePerForm990Amt04591156
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04591156
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04209791
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANGEMENT REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS MANAGER PROVIDED AMOUNTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST AS WBC DOESN'T HAVE A WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR NEGOTIATES INDIVIDUAL CONTRACTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE 14718. 14539. 179. 0. EQUIP RENTAL/LEASE 21187. 19661. 1526. 0. OTHER PROPERTY SERVICES 16115. 13026. 3089. 0. TECHNICAL SERVICES 170219. 164698. 5521. 0. EMPLOYEE MILEAGE REIMBURSEMENT 12085. 11966. 119. 0. FOOD SERVICES & SUPPLIES 12013. 12013. 0. 0. STUDENT ACTIVITIES 43306. 43306. 0. 0. GENERAL SUPPLIES & MATERIALS 72758. 69769. 2989. 0. TECHNICAL EQUIPMENT 23909. 23792. 117. ENERGY & TRANSPORTATION 29079. 23661. 5418. 0. DUES & FEES 16331. 12971. 3360. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01665250
IRS990/TotalAssetsEOYAmt01859971
IRS990/TotalAssetsGrp/BOYAmt01665250
IRS990/TotalAssetsGrp/EOYAmt01859971
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04591156
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0499854
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03709937
IRS990/TotalFunctionalExpensesGrp/TotalAmt04209791
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0539320
IRS990/TotalLiabilitiesEOYAmt0352673
IRS990/TotalLiabilitiesGrp/BOYAmt0539320
IRS990/TotalLiabilitiesGrp/EOYAmt0352673
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01125930
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01507298
IRS990/TotalProgramServiceExpensesAmt03709937
IRS990/TotalReportableCompFromOrgAmt0101618
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04591156
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01665250
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01859971
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01125930
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01507298
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1016 LATHAM FARM ROAD
IRS990/USAddress/City0SMITHFIELD
IRS990/USAddress/State0RI
IRS990/USAddress/ZIPCode002917
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN OSTROFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04019418353
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10WEST BAY COLLABORATIVE
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0050460855
ReturnHeader/Filer/PhoneNum04019418353
ReturnHeader/Filer/USAddress/AddressLine10144 BIGNALL STREET
ReturnHeader/Filer/USAddress/City0WARWICK
ReturnHeader/Filer/USAddress/State0RI

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.03$0.17$2.86$7.38$6.98$0.40
2023Detailed filing. Detailed filing data is available for this year.$2.78$0.33$2.45$6.29$6.28$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.17$2.45$5.71$5.99$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.14$2.73$6.31$5.48$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.90$1.89$5.76$5.70$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.24$1.83$4.79$4.72$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.13$1.77$4.45$4.58$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.04$0.14$1.90$5.06$5.01$0.04
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.12$0.27$1.85$4.88$4.59$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.24$1.56$4.19$4.13$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.86$0.35$1.51$4.59$4.21$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.54$1.13$4.92$4.71$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.65$0.91$4.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.13$0.89$2.65