Civic Intelligence

Bushwick Improvement Society Inc. Stagg Street Center for Children

990 • Fiscal year 2014 • EIN 11-2478788

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

78 Stagg StreetBrooklyn, NY 11206

(718) 388-1395

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.71x

Higher debt load relative to assets than 83% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.39x

Higher debt load relative to revenue than 78% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

32nd percentile

$47,233

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Asset Growth

52nd percentile

3.2%

Faster asset growth than 52% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

10th percentile

-21%

Faster revenue growth than 10% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$764,982

Up $23,995 (+3.2%) from 2013

Net Assets

Up

$220,222

Up $645 (+0.3%) from 2013

Liabilities

Up

$544,760

Up $23,350 (+4.5%) from 2013

Revenue

Down

$1,385,629

Down $372,804 (-21%) from 2013

Expenses

Down

$1,384,984

Down $402,278 (-23%) from 2013

Net Income

Up

$645

Up $29,474 (+102%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $418,984Liabilities 2011: $233,747Net Assets 2011: $185,2372011Assets 2012: $649,804Liabilities 2012: $401,398Net Assets 2012: $248,4062012Assets 2013: $740,987Liabilities 2013: $521,410Net Assets 2013: $219,5772013Assets 2014: $764,982Liabilities 2014: $544,760Net Assets 2014: $220,2222014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $1,046,134Liabilities 2016: $663,707Net Assets 2016: $382,4272016Assets 2017: $1,112,742Liabilities 2017: $772,926Net Assets 2017: $339,8162017Assets 2018: $969,213Liabilities 2018: $898,808Net Assets 2018: $70,4052018Assets 2019: $927,791Liabilities 2019: $966,195Net Assets 2019: -$38,4042019Assets 2020: $1,024,810Liabilities 2020: $1,175,172Net Assets 2020: -$150,3622020Assets 2021: $824,894Liabilities 2021: $857,652Net Assets 2021: -$32,7582021Assets 2022: $556,566Liabilities 2022: $69,442Net Assets 2022: $487,1242022Assets 2023: $550,041Liabilities 2023: $178,521Net Assets 2023: $371,5202023Assets 2024: $478,754Liabilities 2024: $205,287Net Assets 2024: $273,4672024

Highlighted filing

2014

Assets$764,982
Liabilities$544,760
Net Assets$220,222

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,938,8832011Expenses 2012: $1,988,5222012Revenue 2013: $1,758,433Expenses 2013: $1,787,262Net Income 2013: -$28,8292013Revenue 2014: $1,385,629Expenses 2014: $1,384,984Net Income 2014: $6452014Revenue 2015: $0Expenses 2015: $93,102Net Income 2015: -$93,1022015Revenue 2016: $1,568,110Expenses 2016: $1,485,043Net Income 2016: $83,0672016Revenue 2017: $1,634,379Expenses 2017: $1,662,562Net Income 2017: -$28,1832017Revenue 2018: $1,182,826Expenses 2018: $1,448,838Net Income 2018: -$266,0122018Revenue 2019: $1,219,509Expenses 2019: $1,335,118Net Income 2019: -$115,6092019Revenue 2020: $1,201,577Expenses 2020: $1,303,559Net Income 2020: -$101,9822020Revenue 2021: $1,211,304Expenses 2021: $1,093,700Net Income 2021: $117,6042021Revenue 2022: $1,631,652Expenses 2022: $988,999Net Income 2022: $642,6532022Revenue 2023: $1,051,922Expenses 2023: $1,017,526Net Income 2023: $34,3962023Revenue 2024: $983,823Expenses 2024: $1,081,876Net Income 2024: -$98,0532024

Highlighted filing

2014

Revenue$1,385,629
Expenses$1,384,984
Net Income$645
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$1,385,629
Mission and Program Overview

Mission

The organization provides full day care services for 100 Children of low income families under agreement with NYC/ACS.

Children daycare services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$306,263$339,118▲ $32,855
Pledges and Grants Receivable$84,462$117,219▲ $32,757
Accounts Receivable$5,917$20,592▲ $14,675
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$740,987$764,982▲ $23,995
Other Assets Total$344,345$288,053▼ $56,292
Liabilities
Other Liabilities$352,515$480,622▲ $128,107
Accounts Payable and Accrued Expenses$168,895$64,138▼ $104,757
Total Liabilities$521,410$544,760▲ $23,350
Net Assets / Fund Balance
Unrestricted Net Assets$188,906$185,390▼ $3,516
Temporarily Rstr Net Assets$30,671$34,832▲ $4,161
Total Net Assets Fund Balance$219,577$220,222▲ $645
Total Liabilities and Net Assets / Fund Balance$740,987$764,982▲ $23,995

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$267,223--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rhonda WebbEducation DirectorFT$47,233$47,233
Vesta WilkesAdministrative DirectorFT$45,869$45,869

Board Members and Trustees

NameTitle
Irma VarnerChairperson
Robert CamachoVice Chairman
Elaine ManatuBoard Member
Alice PeaksMember
Cynthia BooneMember
Fannie WattsMember
Georgia ThompsonMember
Fred De La CuadraSecretary
Alice BarnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,222,775
Program Service Revenue
$161,727
Investment Income
$14
Other Revenue
$1,113
All Other Contributions
$95,110
Change in Net Assets
$645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$795,989
Other Expenses$588,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$505,137$14,034-$519,171
Occupancy$290,787$32,310-$323,097
Other Employee Benefits$112,210$12,468-$124,678
Current Officers, Directors, Trustees, and Key Employees$47,233$45,869-$93,102
Payroll Taxes$53,235$5,803-$59,038
All Other Expenses$33,320$12,725-$46,045
Other Expenses$10,850$1,206-$12,056
Insurance$7,496$833-$8,329
Total Functional Expenses$1,239,789$145,195$0$1,384,984
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$447
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Commitments & Contingencies - Landlord$444,916
Due to Other Programs- Interprograms$20,725
Due to Sponsor$10,820
Other Payables$3,307
Unearned Parent Fees$854
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
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, Part VI, Line 11B: Form 990 Review Process

Officers are given a copy of the 990.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial statments are audited.

Filing and Contact Details

Filer

EIN
11-2478788
Phone
7183881395

Signing Officer

Name
Irma Varner
Title
Chairperson
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
5
Independent Board Members
5
Employees
30

Preparer

Preparer
Cuthbert A Alleyne
Phone
2123912410
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

New York City closed the center Horace Green Center.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Private Tuition - provides day care services to children who are not eligible to receive the benefit of NYC/ACS through the sliding scale program. OTHER PROGRAM SERVICES 5: NYC ACS UPK Program - Provides auxcilliary day care services in support of the ACS program. OTHER PROGRAM SERVICES 6: Sponsoring Board Programs - Provides auxcilliary services in support of the programs.

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IRS990/OtherExpensesGrp/ProgramServicesAmt153443
IRS990/OtherExpensesGrp/ProgramServicesAmt240479
IRS990/OtherExpensesGrp/ProgramServicesAmt310850
IRS990/OtherExpensesGrp/TotalAmt095110
IRS990/OtherExpensesGrp/TotalAmt159381
IRS990/OtherExpensesGrp/TotalAmt244977
IRS990/OtherExpensesGrp/TotalAmt312056
IRS990/OtherLiabilitiesGrp/BOYAmt0352515
IRS990/OtherLiabilitiesGrp/EOYAmt0480622
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/Desc0Disability
IRS990/OtherRevenueMiscGrp/ExclusionAmt0666
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0666
IRS990/OtherRevenueTotalAmt0666
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014034
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0505137
IRS990/OtherSalariesAndWagesGrp/TotalAmt0519171
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05803
IRS990/PayrollTaxesGrp/ProgramServicesAmt053235
IRS990/PayrollTaxesGrp/TotalAmt059038
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt084462
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0117219
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0812900
IRS990/ProgramServiceRevenueGrp/BusinessCd1812900
IRS990/ProgramServiceRevenueGrp/BusinessCd2812900
IRS990/ProgramServiceRevenueGrp/Desc0Parent Fees
IRS990/ProgramServiceRevenueGrp/Desc1Private Tuition
IRS990/ProgramServiceRevenueGrp/Desc2Voucher Program
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0130992
IRS990/ProgramServiceRevenueGrp/ExclusionAmt123538
IRS990/ProgramServiceRevenueGrp/ExclusionAmt27197
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0130992
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123538
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27197
IRS990/ProgSrvcAccomActy2Grp/Desc0Sponsoring Board Programs - Provides auxcilliary services in support of the programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt086602
IRS990/ProgSrvcAccomActy3Grp/Desc0NYC ACS UPK Program - Provides auxcilliary day care services in support of the ACS program.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt071849
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01615754
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0782629
IRS990/PYOtherRevenueAmt0871
IRS990/PYProgramServiceRevenueAmt0141798
IRS990/PYRevenuesLessExpensesAmt0-28829
IRS990/PYSalariesCompEmpBnftPaidAmt01004633
IRS990/PYTotalExpensesAmt01787262
IRS990/PYTotalRevenueAmt01758433
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0645
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01222775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01615754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01780005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01761026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01790958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08170518
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt059
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01113
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0871
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01379
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01746
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01668
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06777
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt08170518
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01222775
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01615754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01780005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01761026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01790958
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08170518
IRS990ScheduleA/TotalSupportAmt08177354
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/OtherAssetsOrgGrp/BookValueAmt0105
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120725
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2267223
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Employees
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due from Other Programs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Due from Sponsor
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0444916
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210820
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4854
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Commitments & Contingencies - Landlord
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Other Programs- Interprograms
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to Sponsor
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Other Payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Unearned Parent Fees
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0288053
IRS990ScheduleD/TotalLiabilityAmt0480622
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.21$0.27$0.98$1.08$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.18$0.37$1.05$1.02$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.07$0.49$1.63$0.99$0.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.86$0.03$1.21$1.09$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$1.18$0.15$1.20$1.30$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.97$0.04$1.22$1.34$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.90$0.07$1.18$1.45$0.27
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.77$0.34$1.63$1.66$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.66$0.38$1.57$1.49$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.09$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.54$0.22$1.39$1.38$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.52$0.22$1.76$1.79$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.40$0.25$1.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.23$0.19$1.94