Civic Intelligence

Regional Multicultural Magnet School Foundation Inc

990EZ • Fiscal year 2016 • EIN 06-1484526

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 13, 2016

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

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-10%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$292,272

Up $55,744 (+24%) from 2015

Net Assets

Up

$292,272

Up $55,744 (+24%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin95th percentile

Revenue

Down

$70,346

Down $7,833 (-10%) from 2015

Expenses

Down

$24,046

Down $8,791 (-27%) from 2015

Net Income

Up

$46,300

Up $958 (+2.1%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth74th 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

2016

Assets$292,272
Liabilities$0
Net Assets$292,272
Open 2016 Filing

Operations Trend

Revenue Growth34th 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

2016

Revenue$70,346
Expenses$24,046
Net Income$46,300
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 13, 2016
Return Version
2015v3.0
Gross Receipts
$70,346
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.-$18,921
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA LAHTIPresident-$0--
YELENA BERGMANVice 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
2016-11-13
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 18921.”

Form 990EZ, Part I, Line 16

“Fees from investments 1161.”

Form 990EZ, Part I, Line 16

“DUES 185.”

Form 990EZ, Part I, Line 16

“BANK CARD FEES 32.”

Raw XML Appendix160 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/PersonNm0MARI KODAMA
IRS990EZ/BooksInCareOfDetail/PhoneNum08604602823
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0543 SANDY HOLLOW ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MYSTIC
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006355
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0236528
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0292272
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IRS990EZ/ContributionsGiftsGrantsEtcAmt046338
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt046300
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0236528
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0292272
IRS990EZ/FundraisingGrossIncomeAmt05352
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt070346
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt018656
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0236528
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0292272
IRS990EZ/OccupancyRentUtltsAndMaintAmt01368
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LISA LAHTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YELENA BERGMAN
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/OtherChangesInNetAssetsAmt09444
IRS990EZ/OtherExpensesTotalAmt020299
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL FOUNDATION
IRS990EZ/PrintingPublicationsPostageAmt02379
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/ProgramServiceExpensesAmt018921
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt05352
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024046
IRS990EZ/TotalProgramServiceExpensesAmt018921
IRS990EZ/TotalRevenueAmt070346
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046338
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt068182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt039358
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026451
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt027955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0208284
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt018656
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01941
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01591
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt037794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05352
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0-421
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt012932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt055571
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01941
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt037794
IRS990ScheduleA/InvestmentIncomeCYPct00.12530
IRS990ScheduleA/InvestmentIncomePYPct00.08370
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.87470
IRS990ScheduleA/PublicSupportPY509Pct00.91630
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0263855
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt067761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt052290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043404
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt048710
IRS990ScheduleA/Total509Grp/TotalAmt0263855
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0301649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM 18921.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FEES FROM INVESTMENTS 1161.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUES 185.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CARD FEES 32.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARI KODAMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08604377775
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-13
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/PreparationDt02017-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON L WADECKI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-02-11T13:22:13-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$292,272
Liabilities
$0
Net assets
$292,272
Revenue
$70,346
Expenses
$24,046
Net income
$46,300
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