Civic Intelligence

Claremont Prep Association Inc.

990 • Fiscal year 2014 • EIN 20-1770464

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 30, 2015

41 Broad Street 2nd FloorNew York, NY 10004

(212) 232-0266

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

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

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

Liabilities / Revenue

30th percentile

0.00x

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

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

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

67th percentile

13%

Faster asset growth than 67% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$651,366

Up $76,440 (+13%) from 2013

Net Assets

Up

$651,366

Up $76,440 (+13%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$311,920

Down $88,519 (-22%) from 2013

Expenses

Up

$235,480

Up $51,464 (+28%) from 2013

Net Income

Down

$76,440

Down $139,983 (-65%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $528,078Liabilities 2010: $0Net Assets 2010: $528,0782010Assets 2011: $394,342Liabilities 2011: $0Net Assets 2011: $394,3422011Assets 2012: $375,950Liabilities 2012: $17,447Net Assets 2012: $358,5032012Assets 2013: $574,926Liabilities 2013: $0Net Assets 2013: $574,9262013Assets 2014: $651,366Liabilities 2014: $0Net Assets 2014: $651,3662014Assets 2015: $657,659Liabilities 2015: $0Net Assets 2015: $657,6592015Assets 2016: $698,299Liabilities 2016: $0Net Assets 2016: $698,2992016Assets 2017: $631,981Liabilities 2017: $0Net Assets 2017: $631,9812017Assets 2018: $591,057Liabilities 2018: $0Net Assets 2018: $591,0572018Assets 2019: $613,936Liabilities 2019: $6,896Net Assets 2019: $607,0402019Assets 2020: $611,977Liabilities 2020: $36,788Net Assets 2020: $575,1892020Assets 2021: $678,408Liabilities 2021: $36,568Net Assets 2021: $641,8402021Assets 2022: $712,622Liabilities 2022: $42,383Net Assets 2022: $670,2392022Assets 2023: $610,499Liabilities 2023: $46,525Net Assets 2023: $563,9742023Assets 2024: $812,220Liabilities 2024: $42,224Net Assets 2024: $769,9962024

Highlighted filing

2014

Assets$651,366
Liabilities$0
Net Assets$651,366

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $342,417Expenses 2010: $289,724Net Income 2010: $52,6932010Revenue 2011: $195,717Expenses 2011: $329,453Net Income 2011: -$133,7362011Revenue 2012: $238,239Expenses 2012: $274,078Net Income 2012: -$35,8392012Revenue 2013: $400,439Expenses 2013: $184,016Net Income 2013: $216,4232013Revenue 2014: $311,920Expenses 2014: $235,480Net Income 2014: $76,4402014Revenue 2015: $305,127Expenses 2015: $298,834Net Income 2015: $6,2932015Revenue 2016: $340,264Expenses 2016: $299,624Net Income 2016: $40,6402016Revenue 2017: $254,016Expenses 2017: $320,334Net Income 2017: -$66,3182017Revenue 2018: $292,421Expenses 2018: $333,345Net Income 2018: -$40,9242018Revenue 2019: $407,345Expenses 2019: $391,362Net Income 2019: $15,9832019Revenue 2020: $143,184Expenses 2020: $175,035Net Income 2020: -$31,8512020Revenue 2021: $184,661Expenses 2021: $118,010Net Income 2021: $66,6512021Revenue 2022: $191,012Expenses 2022: $162,613Net Income 2022: $28,3992022Revenue 2023: $165,909Expenses 2023: $272,174Net Income 2023: -$106,2652023Revenue 2024: $558,023Expenses 2024: $352,001Net Income 2024: $206,0222024

Highlighted filing

2014

Revenue$311,920
Expenses$235,480
Net Income$76,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 30, 2015
Return Version
2014v5.0
Gross Receipts
$311,920
Mission and Program Overview

Mission

To enhance the educational experience for all students of the school through financial assistance, student enrichment, faculty and staff professional development, community building and faculty enhancement.

The claremont association (d/b/a leman community association (lca)) is the non-profit parent organization that raises funds and generously contributes to our school with the sole purpose of enriching the experiences of all leman students, parents and faculty. Student enrichment ranges from financial assistance for after-school classes, overnight class trips and expenses related to school activities. We provide extensive opportunities for teacher professional development and speaker series for topics relevant to parents with school-age children, students and faculty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$401,033$501,862▲ $100,829
Cash and Non-Interest-Bearing Accounts$173,893$149,504▼ $24,389
Total Assets$574,926$651,366▲ $76,440
Liabilities
Accounts Payable and Accrued Expenses-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$574,926$651,366▲ $76,440
Total Net Assets Fund Balance$574,926$651,366▲ $76,440
Total Liabilities and Net Assets / Fund Balance$574,926$651,366▲ $76,440
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pilar DouglasPresident
Brooke GannonDirector
Brynn TurkishDirector
Dori FriedmanDirector
Jacqui BrownDirector
Jessica GrunfeldDirector
Liz EisenbergDirector
Natalie AuerbachDirector
Sue KloepferDirector
Laura BuskerSecretary
Maura CravenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$306,024
Program Service Revenue
$5,067
Investment Income
$829
Other Revenue
$0
All Other Contributions
$128,724
Change in Net Assets
$76,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,188
Grants and Similar Amounts Paid$54,292
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$54,292--$54,292
Other Expenses$9,352--$9,352
Fees for Services Accounting-$3,930-$3,930
Insurance$1,331--$1,331
Total Functional Expenses$231,550$3,930$0$235,480
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leman Manhattan Preparatory SchoolNew York, NY-Financial Aid for Students$54,292
Fundraising, Events, and Gaming
Fundraising activities
Yes
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

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Benefit$160,500---
Total Events$160,500---
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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 6

The parents of the students and the faculty and staff of the school are the members of the association.

Form 990, Part VI, Section A, Line 7A

The members of the leman association elect all board members.

Form 990, Part VI, Section B, Line 11

The 990 is distributed to attendees at our annual membership meeting in may.

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

Although the association does not have a formal monitoring/compliance process for its conflict of interest policy, the nature of its activities do not provide benefits that would cause a conflict of interest in the directors.

Form 990, Part VI, Section C, Line 19

The by-laws, the conflict of interest policy and the financial statements are distributed to attendees at our annual membership meeting in may. The bylaws and the conflict of interest policy are posted on the school's website in a password-protected area for school community members to access. Anyone else wishing to have copies of these documents may make a request via mail, e-mail or in person.

Filing and Contact Details

Filer

Filer Name
The Claremont Association Inc
EIN
20-1770464
Phone
2122320266
Address
41 BROAD STREET 2ND FLOOR, NEW YORK, NY 10004

Signing Officer

Name
Maura Craven
Title
Treasurer
Phone
2122320266
Signed
2015-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maura Craven
Formed
2004
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
300

Preparer

Firm
Lutz and Carr Cpas Llp
Address
300 EAST 42ND STREET, NEW YORK, NY 10017
Preparer
Martin Berkowitz
Phone
2126972299
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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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01831
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05809
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0937203
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03359
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03359
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65340
IRS990ScheduleA/PublicSupportPY170Pct00.42420
IRS990ScheduleA/PublicSupportTotal170Amt0338009
IRS990ScheduleA/SubstantialContributorsTotAmt0170168
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0145524
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0229400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt081693
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0508177
IRS990ScheduleA/TotalSupportAmt0517345
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0160500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0160500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING BENEFIT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0160500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0160500
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt054292
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FINANCIAL AID FOR STUDENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LEMAN MANHATTAN PREPARATORY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0200532489
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt041 BROAD STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010004
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROGRAM DISBURSEMENTS ARE PAID FROM SPECIFIC PROGRAM-RELATED INVOICES. FUNDS ARE PAID DIRECTLY TO THE SCHOOL AND NOT TO THE STUDENT WHO IS THE BENEFICIARY OF THE FINANCIAL AID.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PARENTS OF THE STUDENTS AND THE FACULTY AND STAFF OF THE SCHOOL ARE THE MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE LEMAN ASSOCIATION ELECT ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS DISTRIBUTED TO ATTENDEES AT OUR ANNUAL MEMBERSHIP MEETING IN MAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALTHOUGH THE ASSOCIATION DOES NOT HAVE A FORMAL MONITORING/COMPLIANCE PROCESS FOR ITS CONFLICT OF INTEREST POLICY, THE NATURE OF ITS ACTIVITIES DO NOT PROVIDE BENEFITS THAT WOULD CAUSE A CONFLICT OF INTEREST IN THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BY-LAWS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE DISTRIBUTED TO ATTENDEES AT OUR ANNUAL MEMBERSHIP MEETING IN MAY. THE BYLAWS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON THE SCHOOL'S WEBSITE IN A PASSWORD-PROTECTED AREA FOR SCHOOL COMMUNITY MEMBERS TO ACCESS. ANYONE ELSE WISHING TO HAVE COPIES OF THESE DOCUMENTS MAY MAKE A REQUEST VIA MAIL, E-MAIL OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0574926
IRS990/TotalAssetsEOYAmt0651366
IRS990/TotalAssetsGrp/BOYAmt0574926
IRS990/TotalAssetsGrp/EOYAmt0651366
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0306024
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03930
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0231550
IRS990/TotalFunctionalExpensesGrp/TotalAmt0235480
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0574926
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0651366
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0231550
IRS990/TotalProgramServiceRevenueAmt05067
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0829
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05067
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311920
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0300
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0574926
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0651366
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0574926
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0651366
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt041 BROAD STREET 2ND FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010004
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.LEMANMANHATTAN.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAURA CRAVEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02122320266
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CLAREMONT ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CLAR
ReturnHeader/Filer/EIN0201770464
ReturnHeader/Filer/PhoneNum02122320266
ReturnHeader/Filer/USAddress/AddressLine1Txt041 BROAD STREET 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010004
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131655065
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ AND CARR CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 EAST 42ND STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02126972299
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTIN BERKOWITZ
ReturnHeader/ReturnTs02015-11-05T13:34:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.12$0.42$7.70$5.58$3.52$2.06
2023Detailed filing. Detailed filing data is available for this year.$6.10$0.47$5.64$1.66$2.72$1.06
2022Detailed filing. Detailed filing data is available for this year.$7.13$0.42$6.70$1.91$1.63$0.28
2021Detailed filing. Detailed filing data is available for this year.$6.78$0.37$6.42$1.85$1.18$0.67
2020Detailed filing. Detailed filing data is available for this year.$6.12$0.37$5.75$1.43$1.75$0.32
2019Detailed filing. Detailed filing data is available for this year.$6.14$0.07$6.07$4.07$3.91$0.16
2018Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$2.92$3.33$0.41
2017Detailed filing. Detailed filing data is available for this year.$6.32$0.00$6.32$2.54$3.20$0.66
2016Detailed filing. Detailed filing data is available for this year.$6.98$0.00$6.98$3.40$3.00$0.41
2015Summary only. Only limited summary data is available for this year.$6.58$0.00$6.58$3.05$2.99$0.06
2014Detailed filing. Detailed filing data is available for this year.$6.51$0.00$6.51$3.12$2.35$0.76
2013Detailed filing. Detailed filing data is available for this year.$5.75$0.00$5.75$4.00$1.84$2.16
2012Summary only. Only limited summary data is available for this year.$3.76$0.17$3.59$2.38$2.74$0.36
2011Summary only. Only limited summary data is available for this year.$3.94$0.00$3.94$1.96$3.29$1.34
2010Summary only. Only limited summary data is available for this year.$5.28$0.00$5.28$3.42$2.90$0.53