Civic Intelligence

The Opportunity Pre-School Co

990 • Fiscal year 2020 • EIN 11-2709067

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 11, 2020

495 Hoffman LaneHauppauge, NY 11788

(631) 863-3000

Siviq Scores

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

Liabilities / Assets

97th percentile

1.63x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.41x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$133,508

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-25%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$802,149

Down $261,634 (-25%) from 2019

Net Assets

Down

-$505,617

Down $365,584 (-261%) from 2019

Liabilities

Up

$1,307,766

Up $103,950 (+8.6%) from 2019

Revenue

Up

$3,183,029

Up $346,449 (+12%) from 2019

Expenses

Up

$3,548,613

Up $654,241 (+23%) from 2019

Net Income

Down

-$365,584

Down $307,792 (-533%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $738,291Liabilities 2011: $1,557,957Net Assets 2011: -$819,6662011Assets 2012: $223,227Liabilities 2012: $1,627,052Net Assets 2012: -$1,403,8252012Assets 2013: $674,387Liabilities 2013: $832,665Net Assets 2013: -$158,2782013Assets 2014: $171,747Liabilities 2014: $509,929Net Assets 2014: -$338,1822014Assets 2015: $376,768Liabilities 2015: $483,711Net Assets 2015: -$106,9432015Assets 2016: $370,241Liabilities 2016: $495,645Net Assets 2016: -$125,4042016Assets 2017: $289,192Liabilities 2017: $455,685Net Assets 2017: -$166,4932017Assets 2018: $602,313Liabilities 2018: $507,894Net Assets 2018: $94,4192018Assets 2019: $1,063,783Liabilities 2019: $1,203,816Net Assets 2019: -$140,0332019Assets 2020: $802,149Liabilities 2020: $1,307,766Net Assets 2020: -$505,6172020Assets 2021: $1,516,950Liabilities 2021: $1,732,335Net Assets 2021: -$215,3852021Assets 2022: $1,718,421Liabilities 2022: $1,983,869Net Assets 2022: -$265,4482022Assets 2023: $1,680,297Liabilities 2023: $2,153,897Net Assets 2023: -$473,6002023Assets 2024: $1,212,226Liabilities 2024: $2,230,617Net Assets 2024: -$1,018,3912024

Highlighted filing

2020

Assets$802,149
Liabilities$1,307,766
Net Assets-$505,617

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,480,998Expenses 2011: $2,319,945Net Income 2011: $161,0532011Revenue 2012: $1,838,093Expenses 2012: $2,203,737Net Income 2012: -$365,6442012Revenue 2013: $1,982,269Expenses 2013: $2,003,745Net Income 2013: -$21,4762013Revenue 2014: $1,281,951Expenses 2014: $1,461,855Net Income 2014: -$179,9042014Revenue 2015: $1,733,815Expenses 2015: $1,664,192Net Income 2015: $69,6232015Revenue 2016: $1,753,268Expenses 2016: $1,771,729Net Income 2016: -$18,4612016Revenue 2017: $1,959,928Expenses 2017: $1,976,162Net Income 2017: -$16,2342017Revenue 2018: $2,650,254Expenses 2018: $2,514,523Net Income 2018: $135,7312018Revenue 2019: $2,836,580Expenses 2019: $2,894,372Net Income 2019: -$57,7922019Revenue 2020: $3,183,029Expenses 2020: $3,548,613Net Income 2020: -$365,5842020Revenue 2021: $4,003,406Expenses 2021: $3,586,504Net Income 2021: $416,9022021Revenue 2022: $3,437,404Expenses 2022: $3,509,679Net Income 2022: -$72,2752022Revenue 2023: $3,683,135Expenses 2023: $3,891,287Net Income 2023: -$208,1522023Revenue 2024: $3,640,275Expenses 2024: $4,185,066Net Income 2024: -$544,7912024

Highlighted filing

2020

Revenue$3,183,029
Expenses$3,548,613
Net Income-$365,584
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$3,184,446
Mission and Program Overview

Mission

The opportunity pre-school provides preschool programs to children with developmental delays from two to five years old.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$737,104$566,264▼ $170,840
Cash and Non-Interest-Bearing Accounts$282,490$170,340▼ $112,150
Pledges and Grants Receivable$5,009$25,837▲ $20,828
Land, Buildings, and Equipment, Net$11,680$9,215▼ $2,465
Prepaid Expenses and Deferred Charges$500$3,493▲ $2,993
Total Assets$1,063,783$802,149▼ $261,634
Other Assets Total$27,000$27,000→ $0
Liabilities
Other Liabilities$557,348$557,348→ $0
Grants Payable$373,610$392,378▲ $18,768
Accounts Payable and Accrued Expenses$244,733$358,040▲ $113,307
Unsecured Notes Loans Payable$28,125$0▼ $28,125
Total Liabilities$1,203,816$1,307,766▲ $103,950
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-140,033$-505,617▼ $365,584
Total Net Assets Fund Balance$-140,033$-505,617▼ $365,584
Total Liabilities and Net Assets / Fund Balance$1,063,783$802,149▼ $261,634

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,215$44,072$53,287
Other Land Buildings$0$31,074$31,074
Land$0--
Other Assets Org$27,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda FisherProgram DirectorFT$133,508$133,508
Barbara DanielsBusiness ManagerFT$78,673$78,673

Board Members and Trustees

NameTitle
James RenoMember-board of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$127,478
Program Service Revenue
$3,055,551
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-365,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,183,029
Total Revenue per Audited Statements
$3,183,029
Total Revenue per Form 990
$3,183,029
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,048,706
Other Expenses$499,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,437,563$0$0$2,437,563
Occupancy$312,832$12,391$0$325,223
Payroll Taxes$204,514$18,243$0$222,757
Current Officers, Directors, Trustees, and Key Employees$0$220,567$0$220,567
Other Employee Benefits$153,807$14,012$0$167,819
Interest$0$24,025$0$24,025
Insurance$23,055$913$0$23,968
Fees for Services Other$9,708$7,910$0$17,618
Fees for Services Accounting$0$15,000$0$15,000
Office Expenses$2,770$3,253$0$6,023
Other Expenses$3,058$121$0$3,179
All Other Expenses$0$3,134$0$3,134
Depreciation Depletion$2,465$0$0$2,465
Total Functional Expenses$3,229,044$319,569$0$3,548,613

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,548,613
Total Expenses per Audited Statements$3,548,613
Total Expenses per Form 990$3,548,613
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,417
Fundraising Gross Income$1,417
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to funding source$557,348
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Opportunity Pre-School
EIN
11-2709067
Phone
6318633000
Address
495 Hoffman Lane, Hauppauge, NY 11788

Signing Officer

Name
Dr Linda Fischer
Title
Director
Phone
6318633000
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Linda Fischer
Formed
1984
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
1
Employees
108
Volunteers
0

Preparer

Firm
Caminiti & Cogliati CPAs LLP
Address
350 Motor Parkway Suite 110, Hauppauge, NY 11788
Preparer
Robert P Cogliati CPA
Phone
6319522300
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is reviewed along with the accountant.

Pt VI, Line 19

All documents and financial statements are available to the public upon request.

Other

The following parts and schedules were amended: Part I, III, IV, V, VII, VIII, IX, X, XI, XII, Schedule D, Part X, XI, XII. Our financial statements were audited by an independent accountant after we filed the 990 and have now amended the 990 to agree with the audit.

Financial Statement Notes

Pt X, Line 2

The Organization recognizes and measures their unrecognized tax benefits in accordance with FASB ASC 740, Income Taxes. Under that guidance the Organization assesses the likelihood, based on their technical merit, that the tax positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. The measurement of unrecognized tax benefits is adjusted when new information is available, or when an event occurs that requires a change. We have determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

Raw XML Appendix393 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.

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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031074
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0557348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to funding source
IRS990ScheduleD/RevenueSubtotalAmt03183029
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization recognizes and measures their unrecognized tax benefits in accordance with FASB ASC 740, Income Taxes. Under that guidance the Organization assesses the likelihood, based on their technical merit, that the tax positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. The measurement of unrecognized tax benefits is adjusted when new information is available, or when an event occurs that requires a change. We have determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09215
IRS990ScheduleD/TotalBookValueOtherAssetsAmt027000
IRS990ScheduleD/TotalExpensesPerForm990Amt03548613
IRS990ScheduleD/TotalLiabilityAmt0557348
IRS990ScheduleD/TotalRevenuePerForm990Amt03183029
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03183029
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03548613
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Our tuition revenue comes from the County of Suffolk.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1DURING REGISTRATION THE NONDISCRIMINATORY POLICY IS ON ALL PARENT PACKETS, PARENT GUIDES, STAFF GUIDES, APPLICATIONS, AND BROCHURES. See line 3.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is reviewed along with the accountant.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The following parts and schedules were amended: Part I, III, IV, V, VII, VIII, IX, X, XI, XII, Schedule D, Part X, XI, XII. Our financial statements were audited by an independent accountant after we filed the 990 and have now amended the 990 to agree with the audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01063783
IRS990/TotalAssetsEOYAmt0802149
IRS990/TotalAssetsGrp/BOYAmt01063783
IRS990/TotalAssetsGrp/EOYAmt0802149
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0127478
IRS990/TotalEmployeeCnt0108
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0319569
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03229044
IRS990/TotalFunctionalExpensesGrp/TotalAmt03548613
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01203816
IRS990/TotalLiabilitiesEOYAmt01307766
IRS990/TotalLiabilitiesGrp/BOYAmt01203816
IRS990/TotalLiabilitiesGrp/EOYAmt01307766
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-140033
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-505617
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03229044
IRS990/TotalProgramServiceRevenueAmt03055551
IRS990/TotalReportableCompFromOrgAmt0212181
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03055551
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03183029
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01063783
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0802149
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt028125
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0495 Hoffman Lane
IRS990/USAddress/CityNm0Hauppauge
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011788
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr Linda Fischer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06318633000
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Opportunity Pre-School
ReturnHeader/Filer/BusinessNameControlTxt0OPPO
ReturnHeader/Filer/EIN0112709067
ReturnHeader/Filer/PhoneNum06318633000
ReturnHeader/Filer/USAddress/AddressLine1Txt0495 Hoffman Lane
ReturnHeader/Filer/USAddress/CityNm0Hauppauge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Caminiti & Cogliati CPAs LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0350 Motor Parkway Suite 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hauppauge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011788
ReturnHeader/PreparerPersonGrp/PhoneNum06319522300
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert P Cogliati CPA
ReturnHeader/ReturnTs02021-12-17T07:38:46-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$2.23$1.02$3.64$4.19$0.54
2023Detailed filing. Detailed filing data is available for this year.$1.68$2.15$0.47$3.68$3.89$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.98$0.27$3.44$3.51$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$1.73$0.22$4.00$3.59$0.42
2020Detailed filing. Detailed filing data is available for this year.$0.80$1.31$0.51$3.18$3.55$0.37
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$1.20$0.14$2.84$2.89$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.51$0.09$2.65$2.51$0.14
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.46$0.17$1.96$1.98$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.50$0.13$1.75$1.77$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.48$0.11$1.73$1.66$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.51$0.34$1.28$1.46$0.18
2013Summary only. Only limited summary data is available for this year.$0.67$0.83$0.16$1.98$2.00$0.02
2012Summary only. Only limited summary data is available for this year.$0.22$1.63$1.40$1.84$2.20$0.37
2011Summary only. Only limited summary data is available for this year.$0.74$1.56$0.82$2.48$2.32$0.16