Civic Intelligence

Laurel School Parent Teacher Organization

990 • Fiscal year 2020 • EIN 20-1194687

Aug 01, 2019 to Jul 31, 2020 • Filed on Dec 03, 2020

95 Edge RoadAtherton, CA 94027

(650) 324-0186

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

18%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

80th percentile

49%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

72nd percentile

8.0%

Faster revenue growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$134,594

Up $44,352 (+49%) from 2019

Net Assets

Up

$134,594

Up $44,352 (+49%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$248,443

Up $18,419 (+8.0%) from 2019

Expenses

Up

$204,091

Up $3,143 (+1.6%) from 2019

Net Income

Up

$44,352

Up $15,276 (+53%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $37,623Liabilities 2011: $02011Assets 2012: $28,676Net Assets 2012: $28,6762012Assets 2013: $41,170Liabilities 2013: $02013Assets 2014: $52,634Net Assets 2014: $52,6342014Assets 2015: $23,246Net Assets 2015: $23,2462015Assets 2016: $33,361Net Assets 2016: $33,3612016Assets 2017: $69,267Net Assets 2017: $69,2672017Assets 2018: $61,166Liabilities 2018: $0Net Assets 2018: $61,1662018Assets 2019: $90,242Liabilities 2019: $0Net Assets 2019: $90,2422019Assets 2020: $134,594Liabilities 2020: $0Net Assets 2020: $134,5942020Assets 2021: $222,908Liabilities 2021: $0Net Assets 2021: $222,9082021Assets 2022: $154,853Liabilities 2022: $0Net Assets 2022: $154,8532022Assets 2023: $117,521Liabilities 2023: $0Net Assets 2023: $117,5212023Assets 2024: $110,389Liabilities 2024: $0Net Assets 2024: $110,3892024Assets 2025: $134,721Liabilities 2025: $5,179Net Assets 2025: $129,5422025

Highlighted filing

2020

Assets$134,594
Liabilities$0
Net Assets$134,594

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $109,579Expenses 2011: $103,764Net Income 2011: $5,8152011Revenue 2012: $136,603Expenses 2012: $145,550Net Income 2012: -$8,9472012Revenue 2013: $134,546Expenses 2013: $122,052Net Income 2013: $12,4942013Revenue 2014: $137,162Expenses 2014: $125,698Net Income 2014: $11,4642014Revenue 2015: $132,512Expenses 2015: $161,900Net Income 2015: -$29,3882015Revenue 2016: $152,634Expenses 2016: $142,519Net Income 2016: $10,1152016Revenue 2017: $192,474Expenses 2017: $156,568Net Income 2017: $35,9062017Revenue 2018: $237,108Expenses 2018: $245,209Net Income 2018: -$8,1012018Revenue 2019: $230,024Expenses 2019: $200,948Net Income 2019: $29,0762019Revenue 2020: $248,443Expenses 2020: $204,091Net Income 2020: $44,3522020Revenue 2021: $230,426Expenses 2021: $142,112Net Income 2021: $88,3142021Revenue 2022: $213,359Expenses 2022: $281,414Net Income 2022: -$68,0552022Revenue 2023: $218,100Expenses 2023: $265,054Net Income 2023: -$46,9542023Revenue 2024: $218,956Expenses 2024: $214,192Net Income 2024: $4,7642024Revenue 2025: $221,479Expenses 2025: $202,052Net Income 2025: $19,4272025

Highlighted filing

2020

Revenue$248,443
Expenses$204,091
Net Income$44,352
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Dec 3, 2020
Return Version
2019v5.0
Gross Receipts
$254,963
Mission and Program Overview

Mission

Student enrichment programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$80,241$124,590▲ $44,349
Savings and Temporary Cash Investments$10,001$10,004▲ $3
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$90,242$134,594▲ $44,352
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$90,242$134,594▲ $44,352
Total Net Assets Fund Balance$90,242$134,594▲ $44,352
Total Liabilities and Net Assets / Fund Balance$90,242$134,594▲ $44,352
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anjali PatelCo-President
Kelly ParisiCo-President
Patty Lopez-JaramilloAuditor
Ashlee ReaCo-Secretary
Juliana JohnsonCo-Treasurer
Stefanie ConnorsCo-Treasurer
Cassandra LopezCo-vice Preside
Krista Brennan RosaCo-vice Preside
Rose HartwigCommittee Liaso
Melisa GourleyHRP Coordinator
Ritu ChitkaraHRP Coordinator
Caryn WassersteinMembership Coor
Evan HerbertsMembership Coor
James LoftusParlimentarian
Tricia ClarkRec. Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$180,864
Program Service Revenue
$41,070
Investment Income
$3
Other Revenue
$26,506
All Other Contributions
$180,864
Change in Net Assets
$44,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,464
Grants and Similar Amounts Paid$25,627
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$83,379$13,085-$96,464
Grants to Domestic Individuals$25,627--$25,627
Other Expenses$16,877$19,632-$16,877
Total Functional Expenses$171,374$32,717$0$204,091
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,026
Fundraising Direct Expenses$6,520
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pop Pop Read a Lot$25,881$25,881$4,920$20,961
Book Faire$7,145$7,145$1,600$5,545
Total Events$33,026$33,026$6,520$26,506
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

James Loftus and Cassandra Lopez Loftus are the married board members

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

"Financial Secretary" role was eliminated and replaced with two "Co-Treasurers", each serving staggered 2 year terms. Bylaws changed to reflect this change throughout. Corresponding Secretary and Recording Secretary roles combined into a single Secretary role. Communications Coordinator removed as a board position. Parliamentarian made an elected position (this position was previously appointed by the President). Added language to make it clear that all Co roles have full voting rights vested in each individual board member PTO required to maintain a $50K reserve fund to ensure that following years startup costs are covered. General Meeting approval required for $20K unbudgeted spend. Checks over $1K require two signatures.

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization's policy is to have board members review the tax returns before the returns are filed

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization tax returns are available to the public upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Laurel School
EIN
20-1194687
Phone
6503240186
Address
95 EDGE ROAD, ATHERTON, CA 94027

Signing Officer

Name
Gail Mohr
Title
Co-Treasurer
Signed
2020-12-03
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
15
Independent Board Members
0
Employees
0

Preparer

Firm
Ledwith Houghton & Co CPAs
Address
643 Bair Island Rd 303, Redwood City, CA 94063
Preparer
Phyllis Penny Katz CPA
Phone
6503061400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: communications related expenses such as newsletter, school directories & graphics. Other program services 5: staff support

Form 990, Part IX, Line 24E: Other Expenses

ACCOUNTING/LEGAL: Column (A) - Total = $9918; Column (B) - Program Services = $0; Column (C) - Management & General = $9918; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLASSROOM NEEDS- CARPOOL: Column (A) - Total = $143; Column (B) - Program Services = $143; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLASSROOM NEEDS- DISASTER: Column (A) - Total = $343; Column (B) - Program Services = $343; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLASSROOM NEEDS- HOT LUNCH : Column (A) - Total = $1200; Column (B) - Program Services = $1200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLASSROOM NEEDS- LIFESKILLS: Column (A) - Total = $1195; Column (B) - Program Services = $1195; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CLASSROOM NEEDS- RECESS PROGRA: Column (A) - Total = $8905; Column (B) - Program Services = $8905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMMUNICATIONS -OTHER: Column (A) - Total = $1794; Column (B) - Program Services = $1794; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMMUNITY BLDG- 5TH GRADE BASH: Column (A) - Total = $1157; Column (B) - Program Services = $1157; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMMUNITY BLDG- OTHER: Column (A) - Total = $9426; Column (B) - Program Services = $9426; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMMUNITY BLDG- PARENT-PRINCIP: Column (A) - Total = $5749; Column (B) - Program Services = $5749; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- ARTS: Column (A) - Total = $7929; Column (B) - Program Services = $7929; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- ASSEMBLIES: Column (A) - Total = $2150; Column (B) - Program Services = $2150; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- DISTANCE LE: Column (A) - Total = $13256; Column (B) - Program Services = $13256; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- GRADE LEVEL: Column (A) - Total = $4650; Column (B) - Program Services = $4650; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- LIBRARIES: Column (A) - Total = $11416; Column (B) - Program Services = $11416; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- SPECIALIST : Column (A) - Total = $8815; Column (B) - Program Services = $8815; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRIC ENRICHMENT- STEAM FAIR: Column (A) - Total = $919; Column (B) - Program Services = $919; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

OTHER EXPENSES-MISC: Column (A) - Total = $3167; Column (B) - Program Services = $0; Column (C) - Management & General = $3167; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

STAFF SUPPORT EXPENSES: Column (A) - Total = $4332; Column (B) - Program Services = $4332; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0POP POP READ A LOT
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.35$0.05$1.30$2.21$2.02$0.19
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$2.19$2.14$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$2.18$2.65$0.47
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$2.13$2.81$0.68
2021Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$2.30$1.42$0.88
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$2.48$2.04$0.44
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$2.30$2.01$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$2.37$2.45$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.69$1.92$1.57$0.36
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.33$1.53$1.43$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.23$1.33$1.62$0.29
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.53$1.37$1.26$0.11
2013Summary only. Only limited summary data is available for this year.$0.41$0.00$1.35$1.22$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.29$1.37$1.46$0.09
2011Summary only. Only limited summary data is available for this year.$0.38$0.00$1.10$1.04$0.06