Civic Intelligence

Once Upon a Time Inc

990 • Fiscal year 2014 • EIN 13-3058009

Apr 01, 2013 to Mar 31, 2014 • Filed on Aug 14, 2014

87-61 111th StreetRichmond Hill, NY 11418

(718) 846-9182

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.45x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

94th percentile

1.15x

Higher debt load relative to revenue than 94% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Net Margin

42nd percentile

0.5%

Higher net margin than 42% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$3,994

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$429,609

No earlier filing loaded for comparison.

Net Assets

$237,799

No earlier filing loaded for comparison.

Liabilities

$191,810

No earlier filing loaded for comparison.

Revenue

$166,751

No earlier filing loaded for comparison.

Expenses

$165,969

No earlier filing loaded for comparison.

Net Income

$782

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2014: $429,609Liabilities 2014: $191,810Net Assets 2014: $237,7992014Assets 2015: $417,883Liabilities 2015: $188,216Net Assets 2015: $229,6672015Assets 2016: $332,016Liabilities 2016: $288,784Net Assets 2016: $43,2322016Assets 2017: $300,527Liabilities 2017: $283,166Net Assets 2017: $17,3612017Assets 2018: $264,478Liabilities 2018: $274,781Net Assets 2018: -$10,3032018Assets 2019: $228,470Liabilities 2019: $279,113Net Assets 2019: -$50,6432019Assets 2020: $204,431Liabilities 2020: $270,962Net Assets 2020: -$66,5312020

Highlighted filing

2014

Assets$429,609
Liabilities$191,810
Net Assets$237,799

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $166,751Expenses 2014: $165,969Net Income 2014: $7822014Revenue 2015: $138,676Expenses 2015: $145,782Net Income 2015: -$7,1062015Revenue 2016: $104,454Expenses 2016: $132,992Net Income 2016: -$28,5382016Revenue 2017: $113,496Expenses 2017: $137,494Net Income 2017: -$23,9982017Revenue 2018: $117,728Expenses 2018: $144,099Net Income 2018: -$26,3712018Revenue 2019: $93,547Expenses 2019: $127,535Net Income 2019: -$33,9882019Revenue 2020: $107,635Expenses 2020: $123,523Net Income 2020: -$15,8882020

Highlighted filing

2014

Revenue$166,751
Expenses$165,969
Net Income$782
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Aug 14, 2014
Return Version
2013v3.0
Gross Receipts
$564,102
Mission and Program Overview

Mission

The curriculum of this pre-school and kindergarten recognizes that play is a child's primary means of expression, while pursuing a vigorous academic inquiry to provide the building blocks of reading, math and science. Using a student centered approach, theater games, music, arts and movement are employed to utilize the child's natural sense of wonder and curiousity as keys to open the doors of knowledge.

To provide theatrical workshops & present performances for poor and lower income individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$274,269$320,077▲ $45,808
Cash and Non-Interest-Bearing Accounts$117,335$74,299▼ $43,036
Savings and Temporary Cash Investments$22,495$20,237▼ $2,258
Total Assets$429,095$429,609▲ $514
Other Assets Total$14,996$14,996→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$196,922$191,810▼ $5,112
Accounts Payable and Accrued Expenses-$0-
Total Liabilities$196,922$191,810▼ $5,112
Net Assets / Fund Balance
Unrestricted Net Assets$232,173$237,799▲ $5,626
Total Net Assets Fund Balance$232,173$237,799▲ $5,626
Total Liabilities and Net Assets / Fund Balance$429,095$429,609▲ $514

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$271,539$249,130$520,669
Other Land Buildings$48,538$6,073$54,611
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark AubelExecutive DirectorFT$3,994$3,994
Theresa AubelDirectorFT$3,994$3,994
Charles Grant ChalmersMemberFT$1,083$1,083

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$149,703
Investment Income
$921
Other Revenue
$16,127
Change in Net Assets
$782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$156,898
Salaries, Compensation, and Employee Benefits$9,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$26,756--$26,756
All Other Expenses$7,824$18,624-$26,448
Depreciation Depletion-$18,773-$18,773
Other Expenses$8,604$1,889-$10,493
Interest-$9,712-$9,712
Current Officers, Directors, Trustees, and Key Employees$1,084$7,987-$9,071
Fees for Services Accounting-$8,481-$8,481
Office Expenses-$1,576-$1,576
Fees for Services Other-$1,233-$1,233
Total Functional Expenses$97,694$68,275$0$165,969
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$404,590
Gaming Direct Expenses$397,351
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Mark aubel and teresa aubel have been married since 1980; the year once upon a time was incorporated.

Form 990, Part VI, Section B, Line 11

The organization is sent a copy of their form 990 to review. The organization will explain any changes if needed. Once the form 990 is updated with the organization's changes, it is sent to the organization again for a final approval.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements availble to the public upon request. The information is not available on their website.

Filing and Contact Details

Filer

EIN
13-3058009
Phone
7188469182

Signing Officer

Name
Mark Aubel
Title
Executive Director
Phone
7188469182
Signed
2014-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Aubel
Formed
1980
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
0

Preparer

Preparer
Matthew Burke
Phone
6315821600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Equipment rental: program service expenses 0. Management and general expenses 8,518. Fundraising expenses 0. Total expenses 8,518. Utilities: program service expenses 6,010. Management and general expenses 1,061. Fundraising expenses 0. Total expenses 7,071. Telephone expense: program service expenses 0. Management and general expenses 3,095. Fundraising expenses 0. Total expenses 3,095. Investment expense: program service expenses 0. Management and general expenses 2,844. Fundraising expenses 0. Total expenses 2,844. Taxes: program service expenses 0. Management and general expenses 2,101. Fundraising expenses 0. Total expenses 2,101. Training: program service expenses 1,490. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,490. Bank service charge: program service expenses 0. Management and general expenses 1,005. Fundraising expenses 0. Total expenses 1,005. License and permits: program service expenses 309. Management and general expenses 0. Fundraising expenses 0. Total expenses 309. Misc expense: program service expenses 15. Management and general expenses 0. Fundraising expenses 0. Total expenses 15.

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IRS990ScheduleA/PublicSupportTotal509Amt0690626
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0240454
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0177482
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0133534
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0139156
IRS990ScheduleA/Total509Grp/TotalAmt0690626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0241407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0178719
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0134801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0140421
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0696269
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0271539
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0249130
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0520669
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048538
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06073
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054611
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0320077
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0397351
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0404590
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0404590
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt07239
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt0397351
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt0397351
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd01
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0BEN ADLER
IRS990ScheduleG/GamingManagerServicesProvTxt0OVERALL SUPERVISION AND MANAGEMENT OF THE GAMING OPERATION
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/IndividualWithBooksNm0BEN ADLER
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1087-61 111TH STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/City0RICHMOND HILL
IRS990ScheduleG/PersonsWithBooksUSAddress/State0NY
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCode011418
IRS990ScheduleG/StatesWhereGamingConductedCd0NY
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARK AUBEL AND TERESA AUBEL HAVE BEEN MARRIED SINCE 1980; THE YEAR ONCE UPON A TIME WAS INCORPORATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS SENT A COPY OF THEIR FORM 990 TO REVIEW. THE ORGANIZATION WILL EXPLAIN ANY CHANGES IF NEEDED. ONCE THE FORM 990 IS UPDATED WITH THE ORGANIZATION'S CHANGES, IT IS SENT TO THE ORGANIZATION AGAIN FOR A FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILBLE TO THE PUBLIC UPON REQUEST. THE INFORMATION IS NOT AVAILABLE ON THEIR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,518. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,518. UTILITIES: PROGRAM SERVICE EXPENSES 6,010. MANAGEMENT AND GENERAL EXPENSES 1,061. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,071. TELEPHONE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,095. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,095. INVESTMENT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,844. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,844. TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,101. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,101. TRAINING: PROGRAM SERVICE EXPENSES 1,490. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,490. BANK SERVICE CHARGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,005. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,005. LICENSE AND PERMITS: PROGRAM SERVICE EXPENSES 309. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 309. MISC EXPENSE: PROGRAM SERVICE EXPENSES 15. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10THE THEATRE STREET SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113369118
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE ACADEMIC ENVIRONMENT FOR YOUNG ARTISTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1087-61 111TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0RICHMOND HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode011418
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0429095
IRS990/TotalAssetsEOYAmt0429609
IRS990/TotalAssetsGrp/BOYAmt0429095
IRS990/TotalAssetsGrp/EOYAmt0429609
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068275
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt097694
IRS990/TotalFunctionalExpensesGrp/TotalAmt0165969
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0196922
IRS990/TotalLiabilitiesEOYAmt0191810
IRS990/TotalLiabilitiesGrp/BOYAmt0196922

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