Civic Intelligence

Regional Multicultural Magnet School Foundation Inc

990EZ • Fiscal year 2015 • EIN 06-1484526

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 05, 2015

PO Box 1306New London, CT 06320

(860) 437-7775

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

94th percentile

58%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

88th percentile

60%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$236,528

Up $45,342 (+24%) from 2014

Net Assets

Up

$236,528

Up $45,342 (+24%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$78,179

Up $29,441 (+60%) from 2014

Expenses

Up

$32,837

Up $8,842 (+37%) from 2014

Net Income

Up

$45,342

Up $20,599 (+83%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $116,422Net Assets 2012: $116,4222012Assets 2013: $166,443Liabilities 2013: $0Net Assets 2013: $166,4432013Assets 2014: $191,186Liabilities 2014: $0Net Assets 2014: $191,1862014Assets 2015: $236,528Liabilities 2015: $0Net Assets 2015: $236,5282015Assets 2016: $292,272Liabilities 2016: $0Net Assets 2016: $292,2722016

Highlighted filing

2015

Assets$236,528
Liabilities$0
Net Assets$236,528

Operations Trend

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

$100K$50K$0Revenue 2012: $50,301Expenses 2012: $18,588Net Income 2012: $31,7132012Revenue 2013: $80,186Expenses 2013: $24,059Net Income 2013: $56,1272013Revenue 2014: $48,738Expenses 2014: $23,995Net Income 2014: $24,7432014Revenue 2015: $78,179Expenses 2015: $32,837Net Income 2015: $45,3422015Revenue 2016: $70,346Expenses 2016: $24,046Net Income 2016: $46,3002016

Highlighted filing

2015

Revenue$78,179
Expenses$32,837
Net Income$45,342
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$78,980
Mission and Program Overview

Mission

EDUCATIONAL FOUNDATION

Program Services

DescriptionGrantsExpenses
THE MAGNET EDUCATIONAL FOUNDATION RAISES MONEY TO SUPPORT ACTIVITIES AND PROGRAMS THAT CAN NOT BE FUNDED THROUGH THE BUDGET AT THE REGIONAL MULTICULTURAL MAGNET SCHOOL. THE FOUNDATION HAS FUNDED AUTHOR VISITORS, FIELD TRIPS, SCIENCE LAB, READING LAB AND NUMBEROUS ADVANCE EDUCATIONAL OPPORTUNITIES FOR THE TEACHERS OF THE SCHOOL. THESE ACTIVITIES ARE BENEFICIAL TO THE STUDENTS, FACULTY AND COMMUNITY OF THE SCHOOL. THE SUPPORT OF THE FOUNDATION HAS GREATLY ENHANCED THE MULTICULTURAL BELIEFS OF THE SCHOOL.-$28,858
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROB SIMMONSPresident-$0--
PAULIE REEDVice President-$0--
MARI KODAMATreasurer-$0--
SARAH MAGEESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Regional Multicultural Magnet School Foundation
EIN
06-1484526
Phone
8604377775
Address
PO BOX 1306, NEW LONDON, CT 06320

Signing Officer

Name
Mari Kodama
Title
Treasurer
Phone
8604377775
Signed
2015-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Sharon L Wadecki CPA
Address
44 Fanning Rd, Ledyard, CT 06339
Preparer
Sharon L Wadecki CPA
Phone
8604641337
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Program 28858. Fees from investments 1061. Dues 185. Bank card fees 190.

Raw XML Appendix153 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08604602823
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0543 SANDY HOLLOW ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MYSTIC
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006355
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0191186
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
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IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt078980
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROB SIMMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAULIE REED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARI KODAMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SARAH MAGEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt030294
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL FOUNDATION
IRS990EZ/PrintingPublicationsPostageAmt01339
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MAGNET EDUCATIONAL FOUNDATION RAISES MONEY TO SUPPORT ACTIVITIES AND PROGRAMS THAT CAN NOT BE FUNDED THROUGH THE BUDGET AT THE REGIONAL MULTICULTURAL MAGNET SCHOOL. THE FOUNDATION HAS FUNDED AUTHOR VISITORS, FIELD TRIPS, SCIENCE LAB, READING LAB AND NUMBEROUS ADVANCE EDUCATIONAL OPPORTUNITIES FOR THE TEACHERS OF THE SCHOOL. THESE ACTIVITIES ARE BENEFICIAL TO THE STUDENTS, FACULTY AND COMMUNITY OF THE SCHOOL. THE SUPPORT OF THE FOUNDATION HAS GREATLY ENHANCED THE MULTICULTURAL BELIEFS OF THE SCHOOL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028858
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0801
IRS990EZ/SpecialEventsNetIncomeLossAmt0-421
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032837
IRS990EZ/TotalProgramServiceExpensesAmt028858
IRS990EZ/TotalRevenueAmt078179
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt068182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039358
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026451
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt027955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0168893
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010418
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01941
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01905
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0-421
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt020755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt011333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt061552
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010418
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01941
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01905
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021043
IRS990ScheduleA/InvestmentIncomeCYPct00.08370
IRS990ScheduleA/InvestmentIncomePYPct00.06330
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.91630
IRS990ScheduleA/PublicSupportPY509Pct00.93670
IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt067761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt052290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043404
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt018280
IRS990ScheduleA/Total509Grp/TotalAmt0230445
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0251488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM 28858. FEES FROM INVESTMENTS 1061. DUES 185. BANK CARD FEES 190.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARI KODAMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08604377775
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REGIONAL MULTICULTURAL MAGNET SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0REGI
ReturnHeader/Filer/EIN0061484526
ReturnHeader/Filer/PhoneNum08604377775
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1306
ReturnHeader/Filer/USAddress/CityNm0NEW LONDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006320
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sharon L Wadecki CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 Fanning Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ledyard
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006339
ReturnHeader/PreparerPersonGrp/PhoneNum08604641337
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON L WADECKI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-11-05T14:40:26-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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Filings