Civic Intelligence

Special Sprouts Inc

EIN 11-2910626 • 501(c)3 • Brooklyn, NY

Profile

Providing services for children with various disabilities from three to five years old.

453 6th AvenueBrooklyn, NY 11215

www.specialsprouts.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

2.18x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.34x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

48th percentile

3.3%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-24%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-35%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$157,276

Down $50,268 (-24%) from 2014

Liabilities

Down

$342,819

Down $84,048 (-20%) from 2014

Net Assets

Up

-$185,543

Up $33,780 (+15%) from 2014

Revenue

Down

$1,021,769

Down $559,955 (-35%) from 2014

Expenses

Down

$987,989

Down $585,042 (-37%) from 2014

Net Income

Up

$33,780

Up $25,087 (+289%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200K-$400KAssets 2011: $414,702Liabilities 2011: $452,539Net Assets 2011: -$37,8372011Assets 2012: $339,551Liabilities 2012: $560,114Net Assets 2012: -$220,5632012Assets 2013: $336,272Liabilities 2013: $564,288Net Assets 2013: -$228,0162013Assets 2014: $207,544Liabilities 2014: $426,867Net Assets 2014: -$219,3232014Assets 2015: $157,276Liabilities 2015: $342,819Net Assets 2015: -$185,5432015

Highlighted filing

2015

Assets$157,276
Liabilities$342,819
Net Assets-$185,543

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $3,048,0122011Expenses 2012: $3,075,6392012Revenue 2013: $2,203,364Expenses 2013: $2,210,817Net Income 2013: -$7,4532013Revenue 2014: $1,581,724Expenses 2014: $1,573,031Net Income 2014: $8,6932014Revenue 2015: $1,021,769Expenses 2015: $987,989Net Income 2015: $33,7802015

Highlighted filing

2015

Revenue$1,021,769
Expenses$987,989
Net Income$33,780

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 22, 2016
Return Version
2014v6.0
Gross Receipts
$1,021,769
Mission and Program Overview

Mission

Providing services for children with various disabilities from three to five years old.

Serving parents and families of children from three to five years old.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$172,725$95,201▼ $77,524
Cash and Non-Interest-Bearing Accounts$20,447$62,075▲ $41,628
Loans From Officers Directors$9,202$4,026▼ $5,176
Prepaid Expenses and Deferred Charges$3,482--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$207,544$157,276▼ $50,268
Other Assets Total$10,890$0▼ $10,890
Liabilities
Other Liabilities$267,277$188,198▼ $79,079
Accounts Payable and Accrued Expenses$150,388$150,595▲ $207
Total Liabilities$426,867$342,819▼ $84,048
Net Assets / Fund Balance
Unrestricted Net Assets$-219,323$-185,543▲ $33,780
Total Net Assets Fund Balance$-219,323$-185,543▲ $33,780
Total Liabilities and Net Assets / Fund Balance$207,544$157,276▼ $50,268

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$135,574$135,574
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sue WeinsteinExecutive DirectorPT$58,007$58,007

Board Members and Trustees

NameTitle
Nancy Van CampVice President
Boaz WeinsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,021,769
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$33,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,021,769
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,021,769
Total Revenue per Form 990
$1,021,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$867,658
Other Expenses$120,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$697,440$38,806-$736,246
Fees for Services Other$50,747$59,260-$110,007
Payroll Taxes$68,377$6,242-$74,619
Other Employee Benefits$29,265$2,671-$31,936
Current Officers, Directors, Trustees, and Key Employees-$24,857-$24,857
Insurance-$3,910-$3,910
Office Expenses-$2,787-$2,787
Travel$259--$259
Other Expenses$150$200-$150
All Other Expenses$50--$50
Total Functional Expenses$847,102$140,887$0$987,989

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$987,989
Total Expenses per Audited Statements$987,989
Total Expenses per Form 990$987,989
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Executive Director Owns Both Special Sprouts and BeansproutsLoan From Related PartyNo$32,289

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$9,202$4,026▼ $5,176
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Government Agencies$113,406
Loan Payable - Beansprouts$74,792
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Sue weinstein and boaz weinstein have a family relationship.

Form 990, Part VI, Section A, Line 8A

During fiscal 2015, no formal board meeting minutes were maintained.

Form 990, Part VI, Section A, Line 8B

During fiscal 2014, no formal board meeting minutes were maintained.

Form 990, Part VI, Section B, Line 11

The form 990 is provided to the board memebers during the board meeting before the form 990 is filed.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are all available upon request at the organization's business office. Additonally, the organization's form 990 is available at www.guidestar.org

Filing and Contact Details

Filer

Filer Name
Special Sprouts Inc
EIN
11-2910626
Phone
7189658573
Address
453 6TH AVENUE, BROOKLYN, NY 11215

Signing Officer

Name
Sue Weinstein
Title
Executive Director
Phone
7189658573
Signed
2016-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Weinstein
Formed
1989
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
47
Volunteers
0

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Kenneth Cerini
Phone
6315821600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

On july 1, 2014, the school decided to cease operations effective june 30, 2015 and terminate its status as an approved special education provider for children with disabilities receiving public funds pursuant to article 81 and/or article 89 of the education law. The school did not provide services to students with disabilities beyond june 30, 2015. As a result, the school's activities are now limited to wind down activities.

Form 990, Part IX, Line 11G

Payroll processing fees: program service expenses 0. Management and general expenses 3,611. Fundraising expenses 0. Total expenses 3,611. Independent contractors: program service expenses 31,279. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,279. Rent: program service expenses 19,468. Management and general expenses 8,589. Fundraising expenses 0. Total expenses 28,057. Professional fees: program service expenses 0. Management and general expenses 47,060. Fundraising expenses 0. Total expenses 47,060.

Financial Statement Notes

PART X, LINE 2:

Special sprouts is exempt from federal income tax under section 501(c)(3) of the internal revenue code and is publicly supported, as described in section 509(a). Special sprouts is also exempt from state and local taxes. Special sprouts evaluated for uncertain tax positions and has determined that there were no uncertain tax positions for 2015 and 2014.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL SCHOOL LITERATURE THAT IT DISTRIBUTES TO THE PUBLIC INDICATED THAT THE SCHOOL IS NON-SECTARIAN AND DOES NOT DISCRIMINATE BECAUSE OF SEX, RACE OR RELIGION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FISCAL YEAR 2015, THE SCHOOL RECEIVED FUNDS FROM THE NYC DEPARTMENT OF EDUCATION REGARDING THE IDEA GRANTS AND THE NYS DEPARTMENT OF EDUCATION REGARDING THE EXCESSIVE TEACHER TURNOVER GRANT.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0HELP SCHOOL MEET CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt078801
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SUE WEINSTEIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt04026
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON JULY 1, 2014, THE SCHOOL DECIDED TO CEASE OPERATIONS EFFECTIVE JUNE 30, 2015 AND TERMINATE ITS STATUS AS AN APPROVED SPECIAL EDUCATION PROVIDER FOR CHILDREN WITH DISABILITIES RECEIVING PUBLIC FUNDS PURSUANT TO ARTICLE 81 AND/OR ARTICLE 89 OF THE EDUCATION LAW. THE SCHOOL DID NOT PROVIDE SERVICES TO STUDENTS WITH DISABILITIES BEYOND JUNE 30, 2015. AS A RESULT, THE SCHOOL'S ACTIVITIES ARE NOW LIMITED TO WIND DOWN ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUE WEINSTEIN AND BOAZ WEINSTEIN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING FISCAL 2015, NO FORMAL BOARD MEETING MINUTES WERE MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING FISCAL 2014, NO FORMAL BOARD MEETING MINUTES WERE MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS PROVIDED TO THE BOARD MEMEBERS DURING THE BOARD MEETING BEFORE THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST AT THE ORGANIZATION'S BUSINESS OFFICE. ADDITONALLY, THE ORGANIZATION'S FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,611. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,611. INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 31,279. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,279. RENT: PROGRAM SERVICE EXPENSES 19,468. MANAGEMENT AND GENERAL EXPENSES 8,589. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,057. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 47,060. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,060.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0133457226
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0NURSERY SCHOOL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BEANSPROUTS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0453 6TH AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd011215
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0207544
IRS990/TotalAssetsEOYAmt0157276
IRS990/TotalAssetsGrp/BOYAmt0207544
IRS990/TotalAssetsGrp/EOYAmt0157276
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0140887
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0847102
IRS990/TotalFunctionalExpensesGrp/TotalAmt0987989
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0426867
IRS990/TotalLiabilitiesEOYAmt0342819
IRS990/TotalLiabilitiesGrp/BOYAmt0426867
IRS990/TotalLiabilitiesGrp/EOYAmt0342819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-219323
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-185543
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0847102
IRS990/TotalProgramServiceRevenueAmt01021769
IRS990/TotalReportableCompFromOrgAmt058007
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01021769
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01021769
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0207544
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0157276
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0259
IRS990/TravelGrp/TotalAmt0259
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-219323
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-185543
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0453 6TH AVENUE
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011215
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.SPECIALSPROUTS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUE WEINSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07189658573
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPECIAL SPROUTS INC
ReturnHeader/Filer/BusinessNameControlTxt0SPEC
ReturnHeader/Filer/EIN0112910626
ReturnHeader/Filer/PhoneNum07189658573
ReturnHeader/Filer/USAddress/AddressLine1Txt0453 6TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011215
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113066459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERINI & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03340 VETERANS MEMORIAL HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOHEMIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011716
ReturnHeader/PreparerPersonGrp/PhoneNum06315821600
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH CERINI

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