Civic Intelligence

Rcs Learning Center Inc.

990 • Fiscal year 2017 • EIN 20-8511604

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

6 Strathmore RoadNatick, MA 01760

(508) 650-5940

Siviq Scores

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

Liabilities / Assets

85th percentile

0.77x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.33x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

62nd percentile

7.3%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

65th percentile

$156,996

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

95th percentile

77%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

37th percentile

0.5%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,193,039

Up $955,751 (+77%) from 2016

Net Assets

Up

$498,888

Up $374,259 (+300%) from 2016

Liabilities

Up

$1,694,151

Up $581,492 (+52%) from 2016

Revenue

Up

$5,131,495

Up $25,571 (+0.5%) from 2016

Expenses

Down

$4,757,236

Down $73,099 (-1.5%) from 2016

Net Income

Up

$374,259

Up $98,670 (+36%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $175,628Liabilities 2011: $643,963Net Assets 2011: -$468,3352011Assets 2012: $226,357Liabilities 2012: $700,577Net Assets 2012: -$474,2202012Assets 2013: $191,497Liabilities 2013: $636,458Net Assets 2013: -$444,9612013Assets 2014: $231,912Liabilities 2014: $572,957Net Assets 2014: -$341,0452014Assets 2015: $395,876Liabilities 2015: $546,836Net Assets 2015: -$150,9602015Assets 2016: $1,237,288Liabilities 2016: $1,112,659Net Assets 2016: $124,6292016Assets 2017: $2,193,039Liabilities 2017: $1,694,151Net Assets 2017: $498,8882017Assets 2018: $2,140,621Liabilities 2018: $1,243,810Net Assets 2018: $896,8112018Assets 2019: $2,223,710Liabilities 2019: $1,642,258Net Assets 2019: $581,4522019Assets 2020: $3,311,211Liabilities 2020: $2,193,022Net Assets 2020: $1,118,1892020Assets 2021: $3,577,346Liabilities 2021: $1,703,889Net Assets 2021: $1,873,4572021Assets 2022: $3,238,443Liabilities 2022: $2,146,161Net Assets 2022: $1,092,2822022Assets 2023: $3,703,813Liabilities 2023: $3,099,493Net Assets 2023: $604,3202023Assets 2024: $2,682,285Liabilities 2024: $2,771,909Net Assets 2024: -$89,6242024

Highlighted filing

2017

Assets$2,193,039
Liabilities$1,694,151
Net Assets$498,888

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,367,1922011Expenses 2012: $3,401,9872012Expenses 2013: $3,734,3872013Revenue 2014: $4,077,357Expenses 2014: $3,973,441Net Income 2014: $103,9162014Revenue 2015: $4,488,855Expenses 2015: $4,298,770Net Income 2015: $190,0852015Revenue 2016: $5,105,924Expenses 2016: $4,830,335Net Income 2016: $275,5892016Revenue 2017: $5,131,495Expenses 2017: $4,757,236Net Income 2017: $374,2592017Revenue 2018: $5,647,040Expenses 2018: $5,249,117Net Income 2018: $397,9232018Revenue 2019: $4,875,251Expenses 2019: $5,167,220Net Income 2019: -$291,9692019Revenue 2020: $5,393,217Expenses 2020: $4,856,480Net Income 2020: $536,7372020Revenue 2021: $5,582,920Expenses 2021: $4,827,652Net Income 2021: $755,2682021Revenue 2022: $4,549,236Expenses 2022: $5,330,411Net Income 2022: -$781,1752022Revenue 2023: $4,932,976Expenses 2023: $5,420,938Net Income 2023: -$487,9622023Revenue 2024: $4,207,079Expenses 2024: $4,901,023Net Income 2024: -$693,9442024

Highlighted filing

2017

Revenue$5,131,495
Expenses$4,757,236
Net Income$374,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$5,131,495
Mission and Program Overview

Mission

To provide the highest quality of individualized behavioral and educational services for children with autism spectrum disorder and other developmental disabilities.

To provide the highest quality of individualized behavioral and educational services for children

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$969,998$1,914,088▲ $944,090
Loans From Officers Directors$451,411$373,667▼ $77,744
Accounts Receivable$88,796$184,665▲ $95,869
Cash and Non-Interest-Bearing Accounts$131,766$77,226▼ $54,540
Prepaid Expenses and Deferred Charges$46,728$17,060▼ $29,668
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$1,237,288$2,193,039▲ $955,751
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$421,494$1,059,895▲ $638,401
Mortgage Notes Payable Secured by Investment Property$195,451$240,451▲ $45,000
Other Liabilities$44,303$20,138▼ $24,165
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,112,659$1,694,151▲ $581,492
Net Assets / Fund Balance
Unrestricted Net Assets$112,629$468,768▲ $356,139
Temporarily Rstr Net Assets$12,000$30,120▲ $18,120
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$124,629$498,888▲ $374,259
Total Liabilities and Net Assets / Fund Balance$1,237,288$2,193,039▲ $955,751

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,823,085$0$1,823,085
Equipment$31,956$138,432$170,388
Other Land Buildings$59,047$19,683$78,730
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louis RanieriCEOFT$146,339$10,657$156,996
Denise RizzoPresidentFT$152,004-$152,004
Natalie RizzoDirector of OperatioFT$111,537$2,826$114,363
Christina KingDirector-$104,712$7,927$112,639

Board Members and Trustees

NameTitle
Alan GradyBoard Member
Alvin LavoieBoard Member
Carl HobertBoard Member
Glenn MiroffBoard Member
Jennifer RutlandBoard Member
John L SergiBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$36,966
Program Service Revenue
$5,083,536
Investment Income
$0
Other Revenue
$10,993
All Other Contributions
$36,966
Change in Net Assets
$374,259

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,131,495
Total Revenue per Audited Statements
$5,131,495
Total Revenue per Form 990
$5,131,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,802,985
Other Expenses$954,251
Total Fundraising Expense$375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,871,301$46,229-$2,917,530
Occupancy$446,084$35,992-$482,076
Payroll Taxes$301,520$19,484-$321,004
Other Employee Benefits$281,736$35,919-$317,655
Current Officers, Directors, Trustees, and Key Employees-$246,796-$246,796
Information Technology-$44,178-$44,178
Fees for Services Accounting-$41,122-$41,122
Advertising-$40,203-$40,203
Depreciation Depletion$26,961$1,675-$28,636
Travel$16,431--$16,431
Insurance$11,077$3,141-$14,218
Interest-$13,537-$13,537
Fees for Services Legal-$13,049-$13,049
Other Expenses$1,774$31,632-$1,774
Office Expenses--$375$375
Total Functional Expenses$4,183,904$572,957$375$4,757,236

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,757,236
Total Expenses per Audited Statements$4,757,236
Total Expenses per Form 990$4,757,236
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
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Rcs Behavioral and Educational ConsEntity owned by DENISE RIZZO AND LOUIS RANIERIRent spaceNo$321,055
Mini-miracles LLCEntity owned by DENISE RIZZO AND LOUIS RANIERIShared operating costNo$261,686
Alvin LavoieBoard MemberProvided financial advisory seNo$18,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$451,411$373,667▼ $77,744
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligation Under Capital Lease$20,138
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
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:

Denise rizzo, president/director, and louis ranieri, ceo are married and denise rizzo and natalie rizzo, office manager/chief financial officer are sisters.

FORM 990, PART VI, SECTION B, LINE 11:

The form 990 is reviewed by board members and is available to all board members prior to filing.

FORM 990, PART VI, SECTION C, LINE 19:

The organizations' governing documents, and financial statements are available upon written request. The financial statements and irs form 990 are available on the attorney general's website.

Filing and Contact Details

Filer

Filer Name
Rcs Learning Center
EIN
20-8511604
In Care Of
% NATALIE RIZZO
Phone
5086505940
Address
6 STRATHMORE ROAD, NATICK, MA 01760

Signing Officer

Name
Denise Rizzo
Title
President
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Rizzo
Formed
2006
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
0
Employees
126

Preparer

Firm
Bdo USA Llp
Address
ONE INTERNATIONAL PLACE, BOSTON, MA 02110
Preparer
Christopher Giallongo
Phone
6174220700
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

With autism spectrum disorders and developmental disabilities.

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

Behaviors and increase alternative appropriate behaviors.

Raw XML AppendixShowing 400 of 672 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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IRS990/Desc0RCS' INTENSIVE DAY PROGRAM SERVICES STUDENTS AGES 7-22 AND PROVIDES 1:1 STAFF TO STUDENT RATIO. STUDENTS ENROLLED IN THE PROGRAM REQUIRE INTENSIVE 1:1 SUPPPORT IN ORDER TO LEARN ACADEMICS, LEISURE AND SOCIAL SKILLS, FUNCTIONAL LIFE SKILLS, AND VOCATIONAL SKILLS. APPLIED BEHAVIOR ANALYSIS (ABA) IS THE MAJOR TREATMENT METHODOLOGY APPLIED WITH THE INTENSIVE DAY PROGRAM. THE PRIMARY OBJECTIVE OF THE PROGRAM IS TO FOCUS ON TEACHING STUDENTS PIVOTAL SKILLS THAT WILL ALLOW THE STUDENT TO SUCCESSFULLY TRANSITION INTO A LESS RESTRICTIVE ENVIRONMENT WHERE THEY WILL CONTINUE TO ACQUIRE SKILLS WITHOUT THE NEED FOR 1:1 SUPPORT. RCS ALIGNS ACADEMIC CURRICULUM WITH THE MASSACHUSETTS CURRICULUM FRAMEWORKS. ADDITIONALLY, FUNCTIONAL BEHAVIOR ASSESSMENTS (FBA'S) ARE CONDUCTED AND BEHAVIOR PLANS ARE IMPLEMENTED TO DECREASE UNDESIRED.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
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IRS990/InsuranceGrp/TotalAmt014218
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IRS990/MembersOrStockholdersInd0false
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0281736
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0317655
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IRS990/OtherExpensesGrp/Desc2Students - food
IRS990/OtherExpensesGrp/Desc3License and Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031632
IRS990/OtherExpensesGrp/ProgramServicesAmt0174376
IRS990/OtherExpensesGrp/ProgramServicesAmt148248
IRS990/OtherExpensesGrp/ProgramServicesAmt24396
IRS990/OtherExpensesGrp/ProgramServicesAmt31774
IRS990/OtherExpensesGrp/TotalAmt0206008
IRS990/OtherExpensesGrp/TotalAmt148248
IRS990/OtherExpensesGrp/TotalAmt24396
IRS990/OtherExpensesGrp/TotalAmt31774
IRS990/OtherLiabilitiesGrp/BOYAmt044303
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IRS990/OtherRevenueMiscGrp/BusinessCd0624100
IRS990/OtherRevenueMiscGrp/Desc0MISC. INCOME
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0301520
IRS990/PayrollTaxesGrp/TotalAmt0321004
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017060
IRS990/PrincipalOfficerNm0DENISE RIZZO
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1686528
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1686528
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0686528
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IRS990/PYContributionsGrantsAmt029781
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt035000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt081949
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt076676
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04450062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03998173
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03690847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt022298761
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.99468
IRS990ScheduleA/PublicSupportPY509Pct00.99420
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt035000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04489917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04080122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03767523
IRS990ScheduleA/Total509Grp/TotalAmt022565614

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.68$2.77$0.09$4.21$4.90$0.69
2023Detailed filing. Detailed filing data is available for this year.$3.70$3.10$0.60$4.93$5.42$0.49
2022Detailed filing. Detailed filing data is available for this year.$3.24$2.15$1.09$4.55$5.33$0.78
2021Detailed filing. Detailed filing data is available for this year.$3.58$1.70$1.87$5.58$4.83$0.76
2020Detailed filing. Detailed filing data is available for this year.$3.31$2.19$1.12$5.39$4.86$0.54
2019Detailed filing. Detailed filing data is available for this year.$2.22$1.64$0.58$4.88$5.17$0.29
2018Detailed filing. Detailed filing data is available for this year.$2.14$1.24$0.90$5.65$5.25$0.40
2017Detailed filing. Detailed filing data is available for this year.$2.19$1.69$0.50$5.13$4.76$0.37
2016Detailed filing. Detailed filing data is available for this year.$1.24$1.11$0.12$5.11$4.83$0.28
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.55$0.15$4.49$4.30$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.57$0.34$4.08$3.97$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.64$0.44$3.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.70$0.47$3.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.64$0.47$3.37