Civic Intelligence

Regional Multicultural Magnet School Foundation Inc

990EZ • Fiscal year 2014 • EIN 06-1484526

Jul 01, 2013 to Jun 30, 2014 • Filed on Jun 15, 2015

Organization ProfileN/A
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.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-39%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$191,186

Up $24,743 (+15%) from 2013

Net Assets

Up

$191,186

Up $24,743 (+15%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin92nd percentile

Revenue

Down

$48,738

Down $31,448 (-39%) from 2013

Expenses

Down

$23,995

Down $64 (-0.3%) from 2013

Net Income

Down

$24,743

Down $31,384 (-56%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

2014

Assets$191,186
Liabilities$0
Net Assets$191,186
Open 2014 Filing

Operations Trend

Revenue Growth12th percentile

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

2014

Revenue$48,738
Expenses$23,995
Net Income$24,743
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jun 15, 2015
Return Version
2013v4.0
Gross Receipts
$48,738
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.-$21,302
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

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

Filer

EIN
06-1484526
Phone
8604377775

Signing Officer

Name
Mari Kodama
Title
Mari Kodama
Phone
8604377775
Signed
2015-06-15
Discuss with paid preparer
Yes

Preparer

Preparer
Sharon L Wadecki CPA
Phone
8604641337
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Program 21302. Fees from investments 830. Dues 247.”

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/AddressLine10543 SANDY HOLLOW ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/City0MYSTIC
IRS990EZ/BooksInCareOfDetail/USAddress/State0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode006355
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0166443
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt024743
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IRS990EZ/FundraisingGrossIncomeAmt04192
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IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt048738
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05188
IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OccupancyRentUtltsAndMaintAmt01214
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
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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/OtherExpensesTotalAmt022379
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL FOUNDATION
IRS990EZ/PrintingPublicationsPostageAmt0402
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/ProgramServiceExpensesAmt021302
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt04192
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023995
IRS990EZ/TotalProgramServiceExpensesAmt021302
IRS990EZ/TotalRevenueAmt048738
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039358
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026451
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08977
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0109688
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01941
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01905
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01237
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt016953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt020755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt065770
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01941
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01905
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01237
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011862
IRS990ScheduleA/InvestmentIncomeCYPct00.06330
IRS990ScheduleA/InvestmentIncomePYPct00.05910
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.93670
IRS990ScheduleA/PublicSupportPY509Pct00.94090
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0175458
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt052290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt043404
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt048710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt018280
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012774
IRS990ScheduleA/Total509Grp/TotalAmt0175458
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0187320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM 21302. FEES FROM INVESTMENTS 830. DUES 247.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARI KODAMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MARI KODAMA
ReturnHeader/BusinessOfficerGrp/PhoneNum08604377775
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10REGIONAL MULTICULTURAL MAGNET SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0REGI
ReturnHeader/Filer/EIN0061484526
ReturnHeader/Filer/PhoneNum08604377775
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1306
ReturnHeader/Filer/USAddress/City0NEW LONDON
ReturnHeader/Filer/USAddress/State0CT
ReturnHeader/Filer/USAddress/ZIPCode006320
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Sharon L Wadecki CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1044 Fanning Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Ledyard
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode006339
ReturnHeader/PreparerPersonGrp/PhoneNum08604641337
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON L WADECKI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-06-24T19:29:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$191,186
Liabilities
$0
Net assets
$191,186
Revenue
$48,738
Expenses
$23,995
Net income
$24,743
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.70$0.24$0.46
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.78$0.33$0.45
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.49$0.24$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.00$1.66$0.80$0.24$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.16$0.50$0.19$0.32