Civic Intelligence

The Opportunity Pre-School Co

990 • Fiscal year 2021 • EIN 11-2709067

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 10, 2021

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

95th percentile

1.14x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.43x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

46th percentile

10%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$142,904

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

92nd percentile

89%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

26%

Faster revenue growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,516,950

Up $714,801 (+89%) from 2020

Net Assets

Up

-$215,385

Up $290,232 (+57%) from 2020

Liabilities

Up

$1,732,335

Up $424,569 (+32%) from 2020

Revenue

Up

$4,003,406

Up $820,377 (+26%) from 2020

Expenses

Up

$3,586,504

Up $37,891 (+1.1%) from 2020

Net Income

Up

$416,902

Up $782,486 (+214%) from 2020

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

2021

Assets$1,516,950
Liabilities$1,732,335
Net Assets-$215,385

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

2021

Revenue$4,003,406
Expenses$3,586,504
Net Income$416,902
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$4,003,406
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$566,264$235,852▼ $330,412
Cash and Non-Interest-Bearing Accounts$170,340$158,085▼ $12,255
Pledges and Grants Receivable$25,837$38,920▲ $13,083
Land, Buildings, and Equipment, Net$9,215$6,582▼ $2,633
Prepaid Expenses and Deferred Charges$3,493$3,083▼ $410
Total Assets$802,149$1,516,950▲ $714,801
Other Assets Total$27,000$1,074,428▲ $1,047,428
Liabilities
Other Liabilities$557,348$880,415▲ $323,067
Grants Payable$392,378$442,486▲ $50,108
Accounts Payable and Accrued Expenses$358,040$409,434▲ $51,394
Total Liabilities$1,307,766$1,732,335▲ $424,569
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-505,617$-215,385▲ $290,232
Total Net Assets Fund Balance$-505,617$-215,385▲ $290,232
Total Liabilities and Net Assets / Fund Balance$802,149$1,516,950▲ $714,801

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,582$46,705$53,287
Other Land Buildings$0$31,074$31,074
Land$0--
Other Assets Org$1,047,428--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda FisherProgram DirectorFT$142,904$142,904
Barbara DanielsBusiness ManagerFT$91,900$91,900

Board Members and Trustees

NameTitle
James RenoMember-board of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$121,122
Program Service Revenue
$2,367,256
Investment Income
$0
Other Revenue
$1,515,028
Change in Net Assets
$416,902

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,678,010
Revenue Not Reported on Financial Statements
$325,396
Other Revenue Adjustments
$325,396
Total Revenue per Audited Statements
$3,678,010
Total Revenue per Form 990
$4,003,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,069,373
Other Expenses$517,131
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,423,546$0$0$2,423,546
Occupancy$342,144$13,548$0$355,692
Current Officers, Directors, Trustees, and Key Employees$0$241,197$0$241,197
Payroll Taxes$215,282$21,464$0$236,746
Other Employee Benefits$152,286$15,598$0$167,884
Fees for Services Other$12,057$26,244$0$38,301
Insurance$33,204$1,315$0$34,519
Fees for Services Accounting$0$15,000$0$15,000
Depreciation Depletion$2,533$100$0$2,633
Other Expenses$1,882$75$0$1,957
Office Expenses$0$1,652$0$1,652
All Other Expenses$122$350$0$472
Total Functional Expenses$3,249,961$336,543$0$3,586,504

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,586,504
Total Expenses per Audited Statements$3,586,504
Total Expenses per Form 990$3,586,504
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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$880,415
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
2021-11-10
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
71
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.

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.

Pt XI, Line 4B

Timing difference for employee retention credit recorded in 6/30/20 per financials.

Raw XML Appendix399 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/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Employee retention credit receivable
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031074
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0880415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to funding source
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0325396
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0325396
IRS990ScheduleD/RevenueSubtotalAmt03678010
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/ExplanationTxt1Timing difference for employee retention credit recorded in 6/30/20 per financials.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06582
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01074428
IRS990ScheduleD/TotalExpensesPerForm990Amt03586504
IRS990ScheduleD/TotalLiabilityAmt0880415
IRS990ScheduleD/TotalRevenuePerForm990Amt04003406
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03678010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03586504
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/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0802149
IRS990/TotalAssetsEOYAmt01516950
IRS990/TotalAssetsGrp/BOYAmt0802149
IRS990/TotalAssetsGrp/EOYAmt01516950
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0121122
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0336543
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03249961
IRS990/TotalFunctionalExpensesGrp/TotalAmt03586504
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01307766
IRS990/TotalLiabilitiesEOYAmt01732335
IRS990/TotalLiabilitiesGrp/BOYAmt01307766
IRS990/TotalLiabilitiesGrp/EOYAmt01732335
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-505617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-215385
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03249961
IRS990/TotalProgramServiceRevenueAmt02367256
IRS990/TotalReportableCompFromOrgAmt0234804
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03882284
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04003406
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0802149
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01516950
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr Linda Fischer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06318633000
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
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/PreparationDt02022-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert P Cogliati CPA
ReturnHeader/ReturnTs02022-12-22T09:09:55-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Dr Linda
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Fischer
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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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
2021Detailed filing. Detailed filing data is available for this year.$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