Civic Intelligence

World Is Our Classroom Inc.

990 • Fiscal year 2015 • EIN 05-0570393

Jan 01, 2015 to Dec 31, 2015 • Filed on May 02, 2016

140 High StreetSpringfield, MA 01105

(413) 787-0008

Siviq Scores

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

Liabilities / Assets

91st percentile

0.62x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.04x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-9.5%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$51,692

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

7th percentile

-60%

Faster asset growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

21st percentile

-23%

Faster revenue growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$14,947

Down $22,053 (-60%) from 2014

Net Assets

Down

$5,613

Down $20,142 (-78%) from 2014

Liabilities

Down

$9,334

Down $1,911 (-17%) from 2014

Revenue

Down

$212,040

Down $64,870 (-23%) from 2014

Expenses

Down

$232,182

Down $19,661 (-7.8%) from 2014

Net Income

Down

-$20,142

Down $45,209 (-180%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2011: $13,526Liabilities 2011: $20,732Net Assets 2011: -$7,2062011Assets 2012: $32,832Liabilities 2012: $17,747Net Assets 2012: $15,0852012Assets 2013: $16,946Liabilities 2013: $16,258Net Assets 2013: $6882013Assets 2014: $37,000Liabilities 2014: $11,245Net Assets 2014: $25,7552014Assets 2015: $14,947Liabilities 2015: $9,334Net Assets 2015: $5,6132015Assets 2016: $23,274Liabilities 2016: $6,941Net Assets 2016: $16,3332016Assets 2017: $14,669Liabilities 2017: $24,560Net Assets 2017: -$9,8912017Assets 2018: $686Liabilities 2018: $22,075Net Assets 2018: -$21,3892018Assets 2019: $5,782Liabilities 2019: $18,046Net Assets 2019: -$12,2642019Assets 2020: $17,139Liabilities 2020: $8,727Net Assets 2020: $8,4122020Assets 2021: $1,050Liabilities 2021: $3,725Net Assets 2021: -$2,6752021Assets 2022: $9,311Liabilities 2022: $2,911Net Assets 2022: $6,4002022Assets 2023: $6,282Liabilities 2023: $33,393Net Assets 2023: -$27,1112023Assets 2024: $80,818Liabilities 2024: $17,350Net Assets 2024: $63,4682024

Highlighted filing

2015

Assets$14,947
Liabilities$9,334
Net Assets$5,613

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $240,614Expenses 2011: $238,847Net Income 2011: $1,7672011Expenses 2012: $217,8312012Revenue 2013: $197,473Expenses 2013: $211,870Net Income 2013: -$14,3972013Revenue 2014: $276,910Expenses 2014: $251,843Net Income 2014: $25,0672014Revenue 2015: $212,040Expenses 2015: $232,182Net Income 2015: -$20,1422015Revenue 2016: $276,654Expenses 2016: $265,934Net Income 2016: $10,7202016Revenue 2017: $230,445Expenses 2017: $256,669Net Income 2017: -$26,2242017Revenue 2018: $279,513Expenses 2018: $291,011Net Income 2018: -$11,4982018Revenue 2019: $287,684Expenses 2019: $278,559Net Income 2019: $9,1252019Revenue 2020: $265,044Expenses 2020: $244,368Net Income 2020: $20,6762020Revenue 2021: $171,314Expenses 2021: $182,401Net Income 2021: -$11,0872021Revenue 2022: $193,518Expenses 2022: $184,443Net Income 2022: $9,0752022Revenue 2023: $166,817Expenses 2023: $200,328Net Income 2023: -$33,5112023Revenue 2024: $329,905Expenses 2024: $239,326Net Income 2024: $90,5792024

Highlighted filing

2015

Revenue$212,040
Expenses$232,182
Net Income-$20,142
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 2, 2016
Return Version
2015v2.1
Gross Receipts
$212,040
Mission and Program Overview

Mission

To teach students and teachers how science and math relates in a real world environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$36,470--
Savings and Temporary Cash Investments-$14,629-
Land, Buildings, and Equipment, Net$530$318▼ $212
Total Assets$37,000$14,947▼ $22,053
Liabilities
Unsecured Notes Loans Payable$9,048$5,319▼ $3,729
Other Liabilities$2,197$4,015▲ $1,818
Total Liabilities$11,245$9,334▼ $1,911
Net Assets / Fund Balance
Unrestricted Net Assets$25,755$5,613▼ $20,142
Total Net Assets Fund Balance$25,755$5,613▼ $20,142
Total Liabilities and Net Assets / Fund Balance$37,000$14,947▼ $22,053

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$318$787$1,105
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nora PattonExec DirectoFT$51,692$51,692

Board Members and Trustees

NameTitle
J Kenneth MalteseDirector
Michael R SiddallDirector
J David KeaneyClerk and Di
Kevin C MaynardPres,trea, D
Revenue and Support

Revenue Composition

Contributions and Grants
$11,550
Program Service Revenue
$200,482
Investment Income
$8
Other Revenue
$0
Change in Net Assets
$-20,142
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$136,969
Other Expenses$94,963
Total Fundraising Expense$5,763
Grants and Similar Amounts Paid$250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$71,352--$71,352
Other Expenses$67,444--$67,444
Current Officers, Directors, Trustees, and Key Employees$33,600$12,923$5,169$51,692
Payroll Taxes$10,452$1,098$439$11,989
Fees for Services Management$1,705$5,000-$6,705
Occupancy$6,240--$6,240
Insurance$4,953--$4,953
Fees for Services Accounting-$4,180-$4,180
Office Expenses$3,522$155-$3,677
Pension Plan Contributions$1,393$388$155$1,936
Travel$895--$895
Interest-$428-$428
Grants to Domestic Orgs$250--$250
Fees for Services Other-$229-$229
Depreciation Depletion$212--$212
Total Functional Expenses$202,018$24,401$5,763$232,182
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
-BrotherStrategic ConsultingNo$5,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholdings$2,639
Simple Plan Withholdings$1,376
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Complete copies of the form 990 and financial statements are provided to the board of directors prior to filing. Any questions or issues are addressed to the outside accountant charged with preparing the form 990. No internal review of the 990 is performed.

Form 990, Page 6, Part VI, Line 12C

All board members are given a list of vendors at the beginning of the year and asked if they have any personal or family interest with any of these vendors. Any board member with such an interest will be recused from voting on related issue. Any board members found to have violated this conflict of interest rule, depending on the severity of the violation, will be asked to resign.

Form 990, Page 6, Part VI, Line 19

The organization makes all governing documents, conflict of interest policy and financial statements available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
World Is Our Classroom Inc
EIN
05-0570393
Phone
4137870008
Address
140 HIGH STREET, SPRINGFIELD, MA 01105

Signing Officer

Name
Kevin C Maynard
Title
Pres,trea, Director
Phone
4137870008
Signed
2016-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nora Patton
Formed
2003
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
9

Preparer

Firm
James B Hawkes CPA Pc
Address
1441 MAIN STREET SUITE 900, SPRINGFIELD, MA 01103-1433
Preparer
James B Hawkes
Phone
4137320619
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Various other programs which teach how math and science relates in a real world environment.

Raw XML Appendix371 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0240599
IRS990ScheduleA/Total509Grp/TotalAmt01167104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0212040
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0276910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0197473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0240122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0240614
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01167159
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0318
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0787
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01105
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL WITHHOLDINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SIMPLE PLAN WITHHOLDINGS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0318
IRS990ScheduleD/TotalLiabilityAmt04015
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BURKE STRATEGIES INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BROTHER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt05000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0STRATEGIC CONSULTING
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VARIOUS OTHER PROGRAMS WHICH TEACH HOW MATH AND SCIENCE RELATES IN A REAL WORLD ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLETE COPIES OF THE FORM 990 AND FINANCIAL STATEMENTS ARE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. ANY QUESTIONS OR ISSUES ARE ADDRESSED TO THE OUTSIDE ACCOUNTANT CHARGED WITH PREPARING THE FORM 990. NO INTERNAL REVIEW OF THE 990 IS PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE GIVEN A LIST OF VENDORS AT THE BEGINNING OF THE YEAR AND ASKED IF THEY HAVE ANY PERSONAL OR FAMILY INTEREST WITH ANY OF THESE VENDORS. ANY BOARD MEMBER WITH SUCH AN INTEREST WILL BE RECUSED FROM VOTING ON RELATED ISSUE. ANY BOARD MEMBERS FOUND TO HAVE VIOLATED THIS CONFLICT OF INTEREST RULE, DEPENDING ON THE SEVERITY OF THE VIOLATION, WILL BE ASKED TO RESIGN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037000
IRS990/TotalAssetsEOYAmt014947
IRS990/TotalAssetsGrp/BOYAmt037000
IRS990/TotalAssetsGrp/EOYAmt014947
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011550
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05763
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024401
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202018
IRS990/TotalFunctionalExpensesGrp/TotalAmt0232182
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011245
IRS990/TotalLiabilitiesEOYAmt09334
IRS990/TotalLiabilitiesGrp/BOYAmt011245
IRS990/TotalLiabilitiesGrp/EOYAmt09334
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025755
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05613
IRS990/TotalOtherProgSrvcExpenseAmt052606
IRS990/TotalOtherProgSrvcGrantAmt0250
IRS990/TotalOtherProgSrvcRevenueAmt050150
IRS990/TotalProgramServiceExpensesAmt0202018
IRS990/TotalProgramServiceRevenueAmt0200482
IRS990/TotalReportableCompFromOrgAmt051692
IRS990/TotalRevenueGrp/ExclusionAmt0200490
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0212040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014947
IRS990/TravelGrp/ProgramServicesAmt0895
IRS990/TravelGrp/TotalAmt0895
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt025755
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05613
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt09048
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05319
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt070 CLAIRMONT STREET
IRS990/USAddress/CityNm0LONGMEADOW
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd0011062215
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.WORLDISOURCLASSROOM.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN C MAYNARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES,TREA, DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04137870008
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD IS OUR CLASSROOM INC
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0050570393
ReturnHeader/Filer/PhoneNum04137870008
ReturnHeader/Filer/USAddress/AddressLine1Txt0140 HIGH STREET
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001105
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043174707
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES B HAWKES CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01441 MAIN STREET SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0011031433
ReturnHeader/PreparerPersonGrp/PhoneNum04137320619
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES B HAWKES
ReturnHeader/ReturnTs02016-05-12T09:35:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.17$0.63$3.30$2.39$0.91
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.33$0.27$1.67$2.00$0.34
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.06$1.94$1.84$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.04$0.03$1.71$1.82$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.09$0.08$2.65$2.44$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.18$0.12$2.88$2.79$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.22$0.21$2.80$2.91$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.25$0.10$2.30$2.57$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.16$2.77$2.66$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.09$0.06$2.12$2.32$0.20
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.11$0.26$2.77$2.52$0.25
2013Detailed filing. Detailed filing data is available for this year.$0.17$0.16$0.01$1.97$2.12$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.18$0.15$2.18
2011Summary only. Only limited summary data is available for this year.$0.14$0.21$0.07$2.41$2.39$0.02