Civic Intelligence

On Our Way Learning Center

990 • Fiscal year 2014 • EIN 11-3094350

Jul 01, 2013 to Jun 30, 2014 • Filed on May 13, 2015

264 Beach 19th StreetFar Rockaway, NY 11691

(718) 868-2961

Siviq Scores

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

Liabilities / Assets

89th percentile

0.87x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

48th percentile

0.10x

Higher debt load relative to revenue than 48% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

34th percentile

-1.9%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$102,532

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

1.5%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$463,452

Down $88,868 (-16%) from 2013

Net Assets

Down

$61,133

Down $74,705 (-55%) from 2013

Liabilities

Down

$402,319

Down $14,163 (-3.4%) from 2013

Revenue

Up

$3,946,375

Up $58,492 (+1.5%) from 2013

Expenses

Down

$4,021,080

Down $135,040 (-3.2%) from 2013

Net Income

Up

-$74,705

Up $193,532 (+72%) 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 2010: $1,379,481Liabilities 2010: $339,859Net Assets 2010: $1,039,6222010Assets 2011: $927,478Liabilities 2011: $211,285Net Assets 2011: $716,1932011Assets 2012: $876,921Liabilities 2012: $472,846Net Assets 2012: $404,0752012Assets 2013: $552,320Liabilities 2013: $416,482Net Assets 2013: $135,8382013Assets 2014: $463,452Liabilities 2014: $402,319Net Assets 2014: $61,1332014Assets 2015: $471,547Liabilities 2015: $481,150Net Assets 2015: -$9,6032015Assets 2016: $711,147Liabilities 2016: $611,361Net Assets 2016: $99,7862016Assets 2017: $563,234Liabilities 2017: $607,006Net Assets 2017: -$43,7722017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$463,452
Liabilities$402,319
Net Assets$61,133

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $7,633,6312010Expenses 2011: $7,033,1352011Revenue 2012: $5,446,268Expenses 2012: $5,758,386Net Income 2012: -$312,1182012Revenue 2013: $3,887,883Expenses 2013: $4,156,120Net Income 2013: -$268,2372013Revenue 2014: $3,946,375Expenses 2014: $4,021,080Net Income 2014: -$74,7052014Revenue 2015: $4,007,789Expenses 2015: $4,078,525Net Income 2015: -$70,7362015Revenue 2016: $4,146,144Expenses 2016: $4,056,955Net Income 2016: $89,1892016Revenue 2017: $3,791,760Expenses 2017: $3,876,822Net Income 2017: -$85,0622017Revenue 2018: $3,714,294Expenses 2018: $4,152,623Net Income 2018: -$438,3292018

Highlighted filing

2014

Revenue$3,946,375
Expenses$4,021,080
Net Income-$74,705
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 13, 2015
Return Version
2013v4.0
Gross Receipts
$3,946,375
Mission and Program Overview

Mission

On our way learning center (the school) was incorporated and beganoperating as a not-for-profit education corporation in july 1992. Theschool operates as a preschool for children with learning disabilities.the school is reimbursed by third parties for services provided toapproved students. These reimbursements are received from the new yorkstate education department through the new york city department ofeducation, which is its primary source of revenue. Early interventionservices are reimbursed by the new york state department of health.

Special education preschool

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$243,243$325,323▲ $82,080
Land, Buildings, and Equipment, Net$119,548$81,303▼ $38,245
Prepaid Expenses and Deferred Charges$179,812$45,773▼ $134,039
Cash and Non-Interest-Bearing Accounts$9,717$11,053▲ $1,336
Total Assets$552,320$463,452▼ $88,868
Liabilities
Mortgage Notes Payable Secured by Investment Property$251,150$156,225▼ $94,925
Accounts Payable and Accrued Expenses$145,362$148,124▲ $2,762
Other Liabilities$12,000$87,800▲ $75,800
Deferred Revenue$7,970$10,170▲ $2,200
Total Liabilities$416,482$402,319▼ $14,163
Net Assets / Fund Balance
Unrestricted Net Assets$135,838$61,133▼ $74,705
Total Net Assets Fund Balance$135,838$61,133▼ $74,705
Total Liabilities and Net Assets / Fund Balance$552,320$463,452▼ $88,868

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$32,828$157,897$190,725
Equipment$47,627$74,940$122,567
Other Land Buildings$848$21,956$22,804
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joel KaplanCEOFT$80,000$22,532$102,532

Board Members and Trustees

NameTitle
Lloyd KeilsonPresident
David FriedmanDirector
Elad RosinDirector
Richard AltabeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$220,180
Program Service Revenue
$3,726,195
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-74,705

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,946,375
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,946,375
Total Revenue per Form 990
$3,946,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,155,536
Other Expenses$865,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,207,785$394,000-$2,601,785
Fees for Services Other$266,445$3,000-$269,445
Payroll Taxes$194,103$41,673-$235,776
Other Employee Benefits$195,913$19,469-$215,382
Occupancy$151,749$40,637-$192,386
Current Officers, Directors, Trustees, and Key Employees-$102,593-$102,593
Insurance$38,061$8,172-$46,233
Depreciation Depletion$32,183$6,910-$39,093
Fees for Services Accounting-$28,850-$28,850
Other Expenses$21,284$4,570-$25,854
All Other Expenses$13,315$2,859-$16,174
Interest$11,580$2,486-$14,066
Travel$1,703$733-$2,436
Fees for Services Legal-$848-$848
Total Functional Expenses$3,356,455$664,625$0$4,021,080

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,021,080
Total Expenses per Audited Statements$4,021,080
Total Expenses per Form 990$4,021,080
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Liabilities Due to New York City Department of Education$87,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11

Copies of the 990 are distributed to the board members for reveiw prior to filing.

Form 990, Part VI, Section B, Line 12C

Officers, employees and directors are required to disclose any conflict of interest that comes up. If any conflicts are noted, the board of directors will conduct a review. Any person with a potential conflict of interest is recused from the vote to determine whether a conflict exists. If it is determined that a conflict does exist, the board member will recuse himself/herself from any discussion or votes held on the issue where there is a conflict of interest. The minutes shall so note the nature of the conflict and the recusal of the board member.

Form 990, Part VI, Section B, Line 15

Ceo's salary was approved by the board.

Form 990, Part VI, Section C, Line 19

The organization will provide copies of its governing documents and financial statements upon request. Officers, employees and directors are required to disclose any conflict of interest that comes up. If any conflicts are noted, the board of directors will conduct a review. Any person with a potential conflict of interest is recused from the vote to determine whether a conflict exists. If it is determined that a conflict does exist, the board member will recuse himself/herself from any discussion or votes held on the issue where there is a conflict of interest. The minutes shall so note the nature of the conflict and the recusal of the board member.

Filing and Contact Details

Filer

EIN
11-3094350
Phone
7188682961

Signing Officer

Name
Joel Kaplan
Title
CEO
Phone
7188682961
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Kaplan
Formed
1992
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
103
Volunteers
4

Preparer

Preparer
Israel Tannenbaum
Phone
2128674000
Supplemental Narrative

Additional Explanations

PART XII; LINE 2C;

This process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Uncertainty in income taxes - the school has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Periods ending june 30, 2011 and subsequent remain subject to examination by applicable taxing authorities.

Raw XML Appendix394 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/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03946375
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNCERTAINTY IN INCOME TAXES - THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt081303
IRS990ScheduleD/TotalExpensesPerForm990Amt04021080
IRS990ScheduleD/TotalLiabilityAmt087800
IRS990ScheduleD/TotalRevenuePerForm990Amt03946375
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03946375
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04021080
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ON OUR WAY LEARNING CENTER HAD A RACIALLY NONDISCRIMINATORY POLICY IN PLACE. THE POLICY CAN BE SEEN THROUGH THE DIVERSE COMPOSITION OF ITS STUDENT BODY, WHICH REPRESENTS ALL RACIAL SEGMENTS FOUND IN THE LOCAL COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SCHOOL RECEIVES GOVERNMENT FUNDING FOR SPECIAL EDUCATIONAL SERVICES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF THE 990 ARE DISTRIBUTED TO THE BOARD MEMBERS FOR REVEIW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, EMPLOYEES AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT COMES UP. IF ANY CONFLICTS ARE NOTED, THE BOARD OF DIRECTORS WILL CONDUCT A REVIEW. ANY PERSON WITH A POTENTIAL CONFLICT OF INTEREST IS RECUSED FROM THE VOTE TO DETERMINE WHETHER A CONFLICT EXISTS. IF IT IS DETERMINED THAT A CONFLICT DOES EXIST, THE BOARD MEMBER WILL RECUSE HIMSELF/HERSELF FROM ANY DISCUSSION OR VOTES HELD ON THE ISSUE WHERE THERE IS A CONFLICT OF INTEREST. THE MINUTES SHALL SO NOTE THE NATURE OF THE CONFLICT AND THE RECUSAL OF THE BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO'S SALARY WAS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST. OFFICERS, EMPLOYEES AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT COMES UP. IF ANY CONFLICTS ARE NOTED, THE BOARD OF DIRECTORS WILL CONDUCT A REVIEW. ANY PERSON WITH A POTENTIAL CONFLICT OF INTEREST IS RECUSED FROM THE VOTE TO DETERMINE WHETHER A CONFLICT EXISTS. IF IT IS DETERMINED THAT A CONFLICT DOES EXIST, THE BOARD MEMBER WILL RECUSE HIMSELF/HERSELF FROM ANY DISCUSSION OR VOTES HELD ON THE ISSUE WHERE THERE IS A CONFLICT OF INTEREST. THE MINUTES SHALL SO NOTE THE NATURE OF THE CONFLICT AND THE RECUSAL OF THE BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII; LINE 2C;
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0552320
IRS990/TotalAssetsEOYAmt0463452
IRS990/TotalAssetsGrp/BOYAmt0552320
IRS990/TotalAssetsGrp/EOYAmt0463452
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0220180
IRS990/TotalEmployeeCnt0103
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0664625
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03356455
IRS990/TotalFunctionalExpensesGrp/TotalAmt04021080
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0416482
IRS990/TotalLiabilitiesEOYAmt0402319
IRS990/TotalLiabilitiesGrp/BOYAmt0416482
IRS990/TotalLiabilitiesGrp/EOYAmt0402319
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135838
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt061133
IRS990/TotalOtherCompensationAmt022532
IRS990/TotalProgramServiceExpensesAmt03356455
IRS990/TotalProgramServiceRevenueAmt03726195
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03726195
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03946375
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0552320
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0463452
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0733
IRS990/TravelGrp/ProgramServicesAmt01703
IRS990/TravelGrp/TotalAmt02436
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0135838
IRS990/UnrestrictedNetAssetsGrp/EOYAmt061133
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10264 BEACH 19TH STREET
IRS990/USAddress/City0FAR ROCKAWAY
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode011691
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.ONOURWAYLC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL KAPLAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07188682961
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10ON OUR WAY LEARNING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0ONOU
ReturnHeader/Filer/EIN0113094350
ReturnHeader/Filer/PhoneNum07188682961
ReturnHeader/Filer/USAddress/AddressLine10264 BEACH 19TH STREET
ReturnHeader/Filer/USAddress/City0FAR ROCKAWAY
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011691
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131517563
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LOEB & TROPER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10655 THIRD AVENUE 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode010017
ReturnHeader/PreparerPersonGrp/PhoneNum02128674000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ISRAEL TANNENBAUM
ReturnHeader/ReturnTs02015-05-13T20:43:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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