Civic Intelligence

Kangaroo'S Korner Incorporated

990 • Fiscal year 2014 • EIN 06-1485138

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 12, 2014

120 French Mountain RoadWatertown, CT 06795

(860) 945-6486

Siviq Scores

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

Liabilities / Assets

95th percentile

1.30x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.17x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

53rd percentile

4.3%

Higher net margin than 53% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

89th percentile

49%

Faster asset growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

52nd percentile

5.2%

Faster revenue growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$64,388

Up $21,267 (+49%) from 2013

Net Assets

Up

-$19,372

Up $23,088 (+54%) from 2013

Liabilities

Down

$83,760

Down $1,821 (-2.1%) from 2013

Revenue

Up

$506,008

Up $24,982 (+5.2%) from 2013

Expenses

Up

$484,274

Up $15 (+0.0%) from 2013

Net Income

Up

$21,734

Up $24,967 (+772%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $70,701Liabilities 2011: $90,505Net Assets 2011: -$19,8042011Assets 2012: $48,322Liabilities 2012: $88,669Net Assets 2012: -$40,3472012Assets 2013: $43,121Liabilities 2013: $85,581Net Assets 2013: -$42,4602013Assets 2014: $64,388Liabilities 2014: $83,760Net Assets 2014: -$19,3722014Assets 2015: $109,823Liabilities 2015: $90,495Net Assets 2015: $19,3282015Assets 2016: $108,353Liabilities 2016: $47,889Net Assets 2016: $60,4642016Assets 2017: $79,310Liabilities 2017: $44,228Net Assets 2017: $35,0822017Assets 2018: $58,555Liabilities 2018: $57,048Net Assets 2018: $1,5072018Assets 2019: $64,355Liabilities 2019: $45,008Net Assets 2019: $19,3472019Assets 2020: $132,851Liabilities 2020: $102,041Net Assets 2020: $30,8102020Assets 2021: $152,568Liabilities 2021: $159,156Net Assets 2021: -$6,5882021Assets 2022: $170,303Liabilities 2022: $73,248Net Assets 2022: $97,0552022Assets 2023: $180,359Liabilities 2023: $71,843Net Assets 2023: $108,5162023Assets 2024: $56,883Liabilities 2024: $60,307Net Assets 2024: -$3,4242024

Highlighted filing

2014

Assets$64,388
Liabilities$83,760
Net Assets-$19,372

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $504,6532011Revenue 2012: $499,384Expenses 2012: $519,586Net Income 2012: -$20,2022012Revenue 2013: $481,026Expenses 2013: $484,259Net Income 2013: -$3,2332013Revenue 2014: $506,008Expenses 2014: $484,274Net Income 2014: $21,7342014Revenue 2015: $509,981Expenses 2015: $471,364Net Income 2015: $38,6172015Revenue 2016: $531,803Expenses 2016: $489,628Net Income 2016: $42,1752016Revenue 2017: $521,821Expenses 2017: $547,203Net Income 2017: -$25,3822017Revenue 2018: $558,580Expenses 2018: $592,155Net Income 2018: -$33,5752018Revenue 2019: $570,560Expenses 2019: $552,720Net Income 2019: $17,8402019Revenue 2020: $538,908Expenses 2020: $526,573Net Income 2020: $12,3352020Revenue 2021: $523,389Expenses 2021: $560,787Net Income 2021: -$37,3982021Revenue 2022: $667,932Expenses 2022: $650,789Net Income 2022: $17,1432022Revenue 2023: $757,683Expenses 2023: $746,222Net Income 2023: $11,4612023Revenue 2024: $569,008Expenses 2024: $680,948Net Income 2024: -$111,9402024

Highlighted filing

2014

Revenue$506,008
Expenses$484,274
Net Income$21,734
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 12, 2014
Return Version
2013v3.1
Gross Receipts
$508,748
Mission and Program Overview

Mission

Daycare provider specializing in children with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,073$15,351▲ $3,278
Prepaid Expenses and Deferred Charges$4,412$15,108▲ $10,696
Accounts Receivable$7,370$11,417▲ $4,047
Land, Buildings, and Equipment, Net$11,462$9,480▼ $1,982
Investments in Publicly Traded Securities$3,795$5,149▲ $1,354
Savings and Temporary Cash Investments$4,009$2,883▼ $1,126
Total Assets$43,121$64,388▲ $21,267
Other Assets Total-$5,000-
Liabilities
Other Liabilities$37,350$46,209▲ $8,859
Accounts Payable and Accrued Expenses$32,409$25,700▼ $6,709
Mortgage Notes Payable Secured by Investment Property$15,822$11,851▼ $3,971
Total Liabilities$85,581$83,760▼ $1,821
Net Assets / Fund Balance
Unrestricted Net Assets$-42,460$-19,372▲ $23,088
Total Net Assets Fund Balance$-42,460$-19,372▲ $23,088
Total Liabilities and Net Assets / Fund Balance$43,121$64,388▲ $21,267

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,430$37,910$43,340
Land$4,050-$4,050
Other Assets Org$5,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Catherine RisigoPresident
Amy PolmanDirector
Cheryl ChecoDirector
Nadine SavageDirector
Donna PelosiSecretary
Dana StangoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$208,457
Program Service Revenue
$294,093
Investment Income
$116
Other Revenue
$3,342
All Other Contributions
$5,511
Change in Net Assets
$21,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$346,870
Other Expenses$137,404
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$222,806$46,463-$269,269
Occupancy$57,765$3,040-$60,805
Current Officers, Directors, Trustees, and Key Employees$40,482--$40,482
Payroll Taxes$24,514$4,326-$28,840
Insurance$8,480$2,827-$11,307
Other Employee Benefits$7,037$1,242-$8,279
Fees for Services Other-$4,227-$4,227
Fees for Services Accounting-$3,500-$3,500
Office Expenses-$3,442-$3,442
Other Expenses$2,075$552-$2,075
Depreciation Depletion$1,982--$1,982
All Other Expenses$1,127$798-$1,925
Interest-$888-$888
Advertising-$292-$292
Total Functional Expenses$410,881$73,393$0$484,274
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,082
Fundraising Direct Expenses$2,740
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
-LandlordRentNo$60,805
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$42,202
Security Deposits$4,007
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
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 2

Dana stango catherine risigo treasurer president current accountant for the pre

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

Form 990 is reveived by the governing body at its annual meeting

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

Board members excuse themselves from voting on any agenga item where a conflict of interest may arise. Multiple bids are obtained and reviewed, to verify if any vendor has a conflict of interest with the agency.

Form 990, Page 6, Part VI, Line 15A

Annual compensation contracts are reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

All information is available to the public upon written request.

Filing and Contact Details

Filer

EIN
06-1485138
Phone
8609456486

Signing Officer

Name
Catherine Risigo
Title
President
Phone
8609456486
Signed
2014-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Risigo
Formed
1997
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
6
Employees
23

Preparer

Preparer
Raymond E Rossi Jr
Phone
2037543134
Supplemental Narrative

Additional Explanations

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

Provide daycare services, specializing in children with special needs.

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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/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt08243
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt07083
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt036129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0116
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt097
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0453
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt02473506
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0508632
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0484415
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0503951
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0495805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0480703
IRS990ScheduleA/Total509Grp/TotalAmt02473506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0508748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0484485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0504062
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0495864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0480800
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02473959
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt04050
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04050
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROCESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05430
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037910
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09480
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05000
IRS990ScheduleD/TotalLiabilityAmt046209
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10FM REALTY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LANDLORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt060805
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE DAYCARE SERVICES, SPECIALIZING IN CHILDREN WITH SPECIAL NEEDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DANA STANGO CATHERINE RISIGO TREASURER PRESIDENT CURRENT ACCOUNTANT FOR THE PRE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVEIVED BY THE GOVERNING BODY AT ITS ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS EXCUSE THEMSELVES FROM VOTING ON ANY AGENGA ITEM WHERE A CONFLICT OF INTEREST MAY ARISE. MULTIPLE BIDS ARE OBTAINED AND REVIEWED, TO VERIFY IF ANY VENDOR HAS A CONFLICT OF INTEREST WITH THE AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL COMPENSATION CONTRACTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL INFORMATION IS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt043121
IRS990/TotalAssetsEOYAmt064388
IRS990/TotalAssetsGrp/BOYAmt043121
IRS990/TotalAssetsGrp/EOYAmt064388
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0208457
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt073393
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0410881
IRS990/TotalFunctionalExpensesGrp/TotalAmt0484274
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085581
IRS990/TotalLiabilitiesEOYAmt083760
IRS990/TotalLiabilitiesGrp/BOYAmt085581
IRS990/TotalLiabilitiesGrp/EOYAmt083760
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-42460
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-19372
IRS990/TotalOtherProgSrvcExpenseAmt0410881
IRS990/TotalProgramServiceExpensesAmt0410881
IRS990/TotalProgramServiceRevenueAmt0294093
IRS990/TotalRevenueGrp/ExclusionAmt03458
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0294093
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0506008
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043121
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064388
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-42460
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-19372
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10120 FRENCH MOUNTAION RD
IRS990/USAddress/City0WATERTOWN
IRS990/USAddress/State0CT
IRS990/USAddress/ZIPCode006795
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINE RISIGO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08609456486
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10KANGAROO'S KORNER INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0KANG
ReturnHeader/Filer/EIN0061485138
ReturnHeader/Filer/PhoneNum08609456486
ReturnHeader/Filer/USAddress/AddressLine10120 FRENCH MOUNTAIN ROAD
ReturnHeader/Filer/USAddress/City0WATERTOWN
ReturnHeader/Filer/USAddress/State0CT
ReturnHeader/Filer/USAddress/ZIPCode006795
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562308617
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DIBBLE & ROSSI CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10515 WATERTOWN AVE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.60$0.03$5.69$6.81$1.12
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.72$1.09$7.58$7.46$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.73$0.97$6.68$6.51$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.53$1.59$0.07$5.23$5.61$0.37
2020Detailed filing. Detailed filing data is available for this year.$1.33$1.02$0.31$5.39$5.27$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.45$0.19$5.71$5.53$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.57$0.02$5.59$5.92$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.44$0.35$5.22$5.47$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.48$0.60$5.32$4.90$0.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.90$0.19$5.10$4.71$0.39
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.84$0.19$5.06$4.84$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.86$0.42$4.81$4.84$0.03
2012Summary only. Only limited summary data is available for this year.$0.48$0.89$0.40$4.99$5.20$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.91$0.20$5.05
Peer Organizations

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