Civic Intelligence

Chenango Nursery School Inc.

990 • Fiscal year 2018 • EIN 16-0901859

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 09, 2018

59 W Kendrick AveHamilton, NY 13346

(315) 824-1810

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

58th percentile

6.2%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

22%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$358,937

Up $44,670 (+14%) from 2017

Net Assets

Up

$341,321

Up $56,927 (+20%) from 2017

Liabilities

Down

$17,616

Down $12,257 (-41%) from 2017

Revenue

Up

$991,231

Up $182,024 (+22%) from 2017

Expenses

Up

$929,885

Up $33,457 (+3.7%) from 2017

Net Income

Up

$61,346

Up $148,567 (+170%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $605,746Liabilities 2012: $197,765Net Assets 2012: $407,9812012Assets 2013: $433,844Liabilities 2013: $6,425Net Assets 2013: $427,4192013Assets 2014: $418,573Liabilities 2014: $6,425Net Assets 2014: $412,1482014Assets 2015: $424,882Liabilities 2015: $29,382Net Assets 2015: $395,5002015Assets 2016: $403,507Liabilities 2016: $36,472Net Assets 2016: $367,0352016Assets 2017: $314,267Liabilities 2017: $29,873Net Assets 2017: $284,3942017Assets 2018: $358,937Liabilities 2018: $17,616Net Assets 2018: $341,3212018Assets 2019: $374,627Liabilities 2019: $29,811Net Assets 2019: $344,8162019Assets 2020: $304,964Liabilities 2020: $190,893Net Assets 2020: $114,0712020Assets 2021: $838,577Liabilities 2021: $261,155Net Assets 2021: $577,4222021Assets 2022: $1,019,445Liabilities 2022: $103,760Net Assets 2022: $915,6852022Assets 2023: $954,963Liabilities 2023: $125,849Net Assets 2023: $829,1142023Assets 2024: $877,584Liabilities 2024: $116,040Net Assets 2024: $761,5442024

Highlighted filing

2018

Assets$358,937
Liabilities$17,616
Net Assets$341,321

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $613,2392012Expenses 2013: $680,0742013Revenue 2014: $644,775Expenses 2014: $648,924Net Income 2014: -$4,1492014Revenue 2015: $784,731Expenses 2015: $764,687Net Income 2015: $20,0442015Revenue 2016: $788,456Expenses 2016: $844,540Net Income 2016: -$56,0842016Revenue 2017: $809,207Expenses 2017: $896,428Net Income 2017: -$87,2212017Revenue 2018: $991,231Expenses 2018: $929,885Net Income 2018: $61,3462018Revenue 2019: $986,484Expenses 2019: $978,362Net Income 2019: $8,1222019Revenue 2020: $839,670Expenses 2020: $1,063,022Net Income 2020: -$223,3522020Revenue 2021: $1,430,790Expenses 2021: $984,613Net Income 2021: $446,1772021Revenue 2022: $1,604,008Expenses 2022: $1,223,517Net Income 2022: $380,4912022Revenue 2023: $1,243,427Expenses 2023: $1,356,897Net Income 2023: -$113,4702023Revenue 2024: $1,562,762Expenses 2024: $1,650,948Net Income 2024: -$88,1862024

Highlighted filing

2018

Revenue$991,231
Expenses$929,885
Net Income$61,346
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$1,125,597
Mission and Program Overview

Mission

To provide childcare services for approximately 120 children in the hamilton, ny area.

Providing childcare for approximately 140 children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$264,233$266,320▲ $2,087
Cash and Non-Interest-Bearing Accounts$9,150$37,443▲ $28,293
Accounts Receivable$22,183$19,396▼ $2,787
Savings and Temporary Cash Investments$954$14,506▲ $13,552
Land, Buildings, and Equipment, Net$17,747$13,556▼ $4,191
Prepaid Expenses and Deferred Charges$0$7,716▲ $7,716
Total Assets$314,267$358,937▲ $44,670
Liabilities
Other Liabilities$4,788$9,629▲ $4,841
Deferred Revenue$10,923$7,959▼ $2,964
Accounts Payable and Accrued Expenses$14,162$28▼ $14,134
Total Liabilities$29,873$17,616▼ $12,257
Net Assets / Fund Balance
Unrestricted Net Assets$284,394$341,321▲ $56,927
Total Net Assets Fund Balance$284,394$341,321▲ $56,927
Total Liabilities and Net Assets / Fund Balance$314,267$358,937▲ $44,670

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,556$31,795-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary StrongPresident
Beth AmirBoard Member
Bridget GaudreauBoard Member
Erik RonningBoard Member
Jeff CorbinBoard Member
Joe AlfonsoBoard Member
Thirza MorrealeBoard Member
Jasmine KelloggSecretary
Kevin CongdonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,172
Program Service Revenue
$894,345
Investment Income
$20,714
Other Revenue
$0
All Other Contributions
$75,449
Change in Net Assets
$61,346

Audited Revenue Reconciliation

Revenue per Audited Statements
$990,360
Revenue Not Reported on Financial Statements
$871
Revenue Not Reported on Form 990
$103,581
Total Revenue per Audited Statements
$1,093,941
Total Revenue per Form 990
$991,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$789,898
Other Expenses$139,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$572,495$47,790-$620,285
Other Employee Benefits$58,936$9,714-$68,650
Current Officers, Directors, Trustees, and Key Employees-$54,000-$54,000
Payroll Taxes$40,731$6,232-$46,963
Insurance-$22,766-$22,766
Office Expenses-$9,709-$9,709
All Other Expenses$4,279$4,112-$8,391
Other Expenses$8,108--$8,108
Depreciation Depletion$6,405--$6,405
Fees for Services Accounting-$5,825-$5,825
Information Technology-$3,792-$3,792
Fees for Service Investment Mgmnt Fees-$871-$871
Advertising$399--$399
Fees for Services Legal-$370-$370
Total Functional Expenses$764,704$165,181$0$929,885

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,037,014
Total Expenses per Form 990$929,885
Expenses per Audited Statements$929,014
Expenses Not Reported on Form 990$108,000
Expenses Not Reported on Financial Statements$871
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Accrued Expenses$9,629
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
No
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

The board of directors review form 990 during a board meeting prior to the filing of the form.

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

Compliance with conflict of interest policy was monitored and enforced at board meetings.

Form 990, Part VI, Section B, Line 15A

Executive director pay was reviewed and approved by the board.

Form 990, Part VI, Section C, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Chenango Nursery School Inc
EIN
16-0901859
Phone
3158241810
Address
59 W KENDRICK AVE, HAMILTON, NY 13346

Signing Officer

Name
Kevin Congdon
Title
Treasurer
Phone
3158241810
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Congdon
Formed
1948
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
41
Volunteers
0

Preparer

Firm
Bowers & Company Cpas Pllc
Address
120 MADISON ST - 1700 AXA TOWER II, SYRACUSE, NY 13202
Preparer
Donald R Kimber
Phone
3152341100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process for overseeing the audit, basis of accounting, and selection of an independent accountant has not changed from the prior year.

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IRS990/RevenueAmt0894345
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0954
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014506
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt075449
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt080175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt075419
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt075909
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0306952
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt0108000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt0105000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt0101760
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt0101760
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt0416520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011767
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt024271
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt058239
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0894345
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0703832
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0745710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0642097
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02985984
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt024271
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt058239
IRS990ScheduleA/InvestmentIncomeCYPct00.01540
IRS990ScheduleA/InvestmentIncomePYPct00.01680
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0723
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03663
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05777
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03478
IRS990ScheduleA/OtherIncome509Grp/TotalAmt013641
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98100
IRS990ScheduleA/PublicSupportPY509Pct00.97840
IRS990ScheduleA/PublicSupportTotal509Amt03709456
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01077794
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0889007
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0922889
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0819766
IRS990ScheduleA/Total509Grp/TotalAmt03709456
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01091606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0901782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0940433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0847515
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03781336
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0108000
IRS990ScheduleD/DonatedServicesUseFcltsAmt0108000
IRS990ScheduleD/EquipmentGrp/BookValueAmt013556
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031795
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt045351
IRS990ScheduleD/ExpensesNotReportedAmt0108000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0871
IRS990ScheduleD/ExpensesSubtotalAmt0929014
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0871
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0871
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-4419
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/RevenueNotReportedAmt0103581
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0871
IRS990ScheduleD/RevenueSubtotalAmt0990360
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013556
IRS990ScheduleD/TotalExpensesPerForm990Amt0929885
IRS990ScheduleD/TotalLiabilityAmt09629
IRS990ScheduleD/TotalRevenuePerForm990Amt0991231
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01093941
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01037014
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/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PARENTS ARE PROVIDED THE PARENT HANDBOOK WHICH INCLUDES ALL POLICIES INCLUDING BUT NOT LIMITED TO THE RACIALLY NONDISCRIMINATORY POLICY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES SUBSIDIES AND REIMBURSEMENTS FOR ELIGIBLE FAMILIES FOR CHILD CARE AND FOOD PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW FORM 990 DURING A BOARD MEETING PRIOR TO THE FILING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLIANCE WITH CONFLICT OF INTEREST POLICY WAS MONITORED AND ENFORCED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR PAY WAS REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR OVERSEEING THE AUDIT, BASIS OF ACCOUNTING, AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE 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 15A
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/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0314267
IRS990/TotalAssetsEOYAmt0358937
IRS990/TotalAssetsGrp/BOYAmt0314267
IRS990/TotalAssetsGrp/EOYAmt0358937
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt076172
IRS990/TotalEmployeeCnt041

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