Civic Intelligence

On Our Way Learning Center

990 • Fiscal year 2017 • EIN 11-3094350

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 13, 2018

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

93rd percentile

1.08x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

33rd percentile

-2.2%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$104,711

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-8.5%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$563,234

Down $147,913 (-21%) from 2016

Net Assets

Down

-$43,772

Down $143,558 (-144%) from 2016

Liabilities

Down

$607,006

Down $4,355 (-0.7%) from 2016

Revenue

Down

$3,791,760

Down $354,384 (-8.5%) from 2016

Expenses

Down

$3,876,822

Down $180,133 (-4.4%) from 2016

Net Income

Down

-$85,062

Down $174,251 (-195%) from 2016

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

2017

Assets$563,234
Liabilities$607,006
Net Assets-$43,772

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

2017

Revenue$3,791,760
Expenses$3,876,822
Net Income-$85,062
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 13, 2018
Return Version
2016v3.0
Gross Receipts
$3,791,760
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$588,129$504,180▼ $83,949
Land, Buildings, and Equipment, Net$54,213$33,176▼ $21,037
Cash and Non-Interest-Bearing Accounts$68,805$25,878▼ $42,927
Total Assets$711,147$563,234▼ $147,913
Liabilities
Other Liabilities$92,323$269,277▲ $176,954
Accounts Payable and Accrued Expenses$343,054$213,288▼ $129,766
Mortgage Notes Payable Secured by Investment Property$234,480$124,441▼ $110,039
Total Liabilities$669,857$607,006▼ $62,851
Net Assets / Fund Balance
Unrestricted Net Assets$41,290$-43,772▼ $85,062
Total Net Assets Fund Balance$41,290$-43,772▼ $85,062
Total Liabilities and Net Assets / Fund Balance$711,147$563,234▼ $147,913

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$13,351$196,195$209,546
Equipment$8,054$145,190$153,244
Other Land Buildings$11,771$9,579$21,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joel KaplanCEOFT$80,000$24,711$104,711

Board Members and Trustees

NameTitle
Lloyd KeilsonPresident
Allan RekantDirector
David FriedmanDirector
David GoldfarbDirector
Richard AltabeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$135,041
Program Service Revenue
$3,656,180
Investment Income
$29
Other Revenue
$510
Change in Net Assets
$-85,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,791,760
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,791,760
Total Revenue per Form 990
$3,791,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,057,666
Other Expenses$819,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,269,529$309,227-$2,578,756
Fees for Services Other$265,861--$265,861
Payroll Taxes$180,922$31,927-$212,849
Occupancy$174,372$15,384-$189,756
Other Employee Benefits$158,152$2,545-$160,697
Office Expenses$85,658$47,463-$133,121
Current Officers, Directors, Trustees, and Key Employees-$105,364-$105,364
Fees for Services Accounting-$70,104-$70,104
Depreciation Depletion-$32,569-$32,569
Other Expenses$43,698$28,509-$28,509
Insurance$21,449$1,893-$23,342
Interest-$8,956-$8,956
Conferences and Meetings$7,485--$7,485
Advertising$400$3,321-$3,721
Fees for Services Legal-$3,162-$3,162
Travel$27$87-$114
Total Functional Expenses$3,207,553$669,269$0$3,876,822

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,876,822
Total Expenses per Audited Statements$3,876,822
Total Expenses per Form 990$3,876,822
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 Liability Due to Nyc Department of Education$269,277
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 11B

Copies of the 990 were distributed to the board members for reveiw prior to filing with the irs. They had the opportunity to request changes to the cpa firm that prepared the form, and received a final version before filing.

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

Officers, directors, trustees shall annually complete a disclosure form identifying any relationships, positions, or circumstances in which such individual is involved that he or she believes could contribute to a conflict of interest arising.

Form 990, Part VI, Section B, Line 15

Ceo's salary was approved by the board in september 2014.

Form 990, Part VI, Section C, Line 19

The organization will provide copies of its governing documents and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
On Our Way Learning Center
EIN
11-3094350
Phone
7188682961
Address
264 BEACH 19TH STREET, FAR ROCKAWAY, NY 11691

Signing Officer

Name
Joel Kaplan
Title
CEO
Phone
7188682961
Signed
2018-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Kaplan
Formed
1992
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
95
Volunteers
5

Preparer

Firm
Loeb & Troper Llp
Address
655 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017
Preparer
Aaron Shapiro
Phone
2128674000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

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, 2014 and subsequent remain subject to examination by applicable taxing authorities.

Raw XML Appendix397 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/RevenueSubtotalAmt03791760
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2014 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033176
IRS990ScheduleD/TotalExpensesPerForm990Amt03876822
IRS990ScheduleD/TotalLiabilityAmt0269277
IRS990ScheduleD/TotalRevenuePerForm990Amt03791760
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03791760
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03876822
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 WERE DISTRIBUTED TO THE BOARD MEMBERS FOR REVEIW PRIOR TO FILING WITH THE IRS. THEY HAD THE OPPORTUNITY TO REQUEST CHANGES TO THE CPA FIRM THAT PREPARED THE FORM, AND RECEIVED A FINAL VERSION BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS, TRUSTEES SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH SUCH INDIVIDUAL IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO'S SALARY WAS APPROVED BY THE BOARD IN SEPTEMBER 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0711147
IRS990/TotalAssetsEOYAmt0563234
IRS990/TotalAssetsGrp/BOYAmt0711147
IRS990/TotalAssetsGrp/EOYAmt0563234
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0135041
IRS990/TotalEmployeeCnt095
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0669269
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03207553
IRS990/TotalFunctionalExpensesGrp/TotalAmt03876822
IRS990/TotalGrossUBIAmt0270
IRS990/TotalLiabilitiesBOYAmt0669857
IRS990/TotalLiabilitiesEOYAmt0607006
IRS990/TotalLiabilitiesGrp/BOYAmt0669857
IRS990/TotalLiabilitiesGrp/EOYAmt0607006
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt041290
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-43772
IRS990/TotalOtherCompensationAmt024711
IRS990/TotalProgramServiceExpensesAmt03207553
IRS990/TotalProgramServiceRevenueAmt03656180
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03656449
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03791760
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0270
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0711147
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0563234
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt087
IRS990/TravelGrp/ProgramServicesAmt027
IRS990/TravelGrp/TotalAmt0114
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt041290
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-43772
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0264 BEACH 19TH STREET
IRS990/USAddress/CityNm0FAR ROCKAWAY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011691
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ONOURWAYLC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL KAPLAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07188682961
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ON OUR WAY LEARNING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0ONOU
ReturnHeader/Filer/EIN0113094350
ReturnHeader/Filer/PhoneNum07188682961
ReturnHeader/Filer/USAddress/AddressLine1Txt0264 BEACH 19TH STREET
ReturnHeader/Filer/USAddress/CityNm0FAR ROCKAWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011691
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D7076C0EC39B17C3336BFEA465ABF20A32036F2A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId073A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.98.118.70
ReturnHeader/FilingSecurityInformation/IPDt02018-03-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:26:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131517563
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOEB & TROPER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0655 THIRD AVENUE 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02128674000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON SHAPIRO
ReturnHeader/ReturnTs02018-03-19T15:02:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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