Civic Intelligence

Memorial Spaulding School Extended Day Program Inc.

990 • Fiscal year 2021 • EIN 22-2498817

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 20, 2022

250 Brookline StreetNewton Centre, MA 02459

(617) 332-9616

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-180%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$96,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 186.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-34%

Faster asset growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-85%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$305,802

Down $159,459 (-34%) from 2020

Net Assets

Down

$305,802

Down $92,702 (-23%) from 2020

Liabilities

Down

$0

Down $66,757 (-100%) from 2020

Revenue

Down

$51,602

Down $304,208 (-85%) from 2020

Expenses

Down

$144,304

Down $184,398 (-56%) from 2020

Net Income

Down

-$92,702

Down $119,810 (-442%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $72,996Liabilities 2011: $0Net Assets 2011: $72,9962011Assets 2012: $59,927Liabilities 2012: $0Net Assets 2012: $59,9272012Assets 2013: $95,385Liabilities 2013: $0Net Assets 2013: $95,3852013Assets 2015: $149,146Liabilities 2015: $0Net Assets 2015: $149,1462015Assets 2017: $329,924Liabilities 2017: $0Net Assets 2017: $329,9242017Assets 2018: $390,636Liabilities 2018: $0Net Assets 2018: $390,6362018Assets 2020: $465,261Liabilities 2020: $66,757Net Assets 2020: $398,5042020Assets 2021: $305,802Liabilities 2021: $0Net Assets 2021: $305,8022021Assets 2022: $299,852Liabilities 2022: $0Net Assets 2022: $299,8522022Assets 2023: $316,794Liabilities 2023: $0Net Assets 2023: $316,7942023Assets 2025: $537,283Liabilities 2025: $41,906Net Assets 2025: $495,3772025

Highlighted filing

2021

Assets$305,802
Liabilities$0
Net Assets$305,802

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $352,0972011Revenue 2012: $330,847Expenses 2012: $343,916Net Income 2012: -$13,0692012Expenses 2013: $371,2222013Revenue 2015: $389,688Expenses 2015: $378,176Net Income 2015: $11,5122015Revenue 2017: $547,980Expenses 2017: $498,116Net Income 2017: $49,8642017Revenue 2018: $574,046Expenses 2018: $513,334Net Income 2018: $60,7122018Revenue 2020: $355,810Expenses 2020: $328,702Net Income 2020: $27,1082020Revenue 2021: $51,602Expenses 2021: $144,304Net Income 2021: -$92,7022021Revenue 2022: $295,604Expenses 2022: $301,555Net Income 2022: -$5,9512022Revenue 2023: $370,361Expenses 2023: $353,420Net Income 2023: $16,9412023Revenue 2025: $477,404Expenses 2025: $442,527Net Income 2025: $34,8772025

Highlighted filing

2021

Revenue$51,602
Expenses$144,304
Net Income-$92,702
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 20, 2022
Return Version
2020v4.2
Gross Receipts
$51,602
Mission and Program Overview

Mission

An extended day that provides a semi-structured recreational program based on each child's needs and interests on-site at the memorial spaulding school in newton.

Providing an extended day program for school age children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$465,261$305,802▼ $159,459
Total Assets$465,261$305,802▼ $159,459
Liabilities
Other Liabilities$66,757$0▼ $66,757
Total Liabilities$66,757$0▼ $66,757
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$398,504$305,802▼ $92,702
Total Net Assets Fund Balance$398,504$305,802▼ $92,702
Total Liabilities and Net Assets / Fund Balance$465,261$305,802▼ $159,459
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bonnie CroopnickTreasurerFT$96,000$96,000

Board Members and Trustees

NameTitle
Esta NisenbaumPresident
Marsha ClaymanDirector
Natalie SchlundtDirector
Susan SheinkopfDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$50,935
Program Service Revenue
$642
Investment Income
$25
Other Revenue
$0
Change in Net Assets
$-92,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$103,747
Other Expenses$40,557
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$86,400$9,600-$96,000
Insurance$11,971--$11,971
Fees for Services Accounting$9,248$1,028-$10,276
Payroll Taxes$6,972$775-$7,747
Office Expenses$4,474$497-$4,971
All Other Expenses$1,773$727-$2,500
Fees for Services Legal$810$90-$900
Other Expenses$677$75$0$752
Interest-$171-$171
Total Functional Expenses$130,542$13,762$0$144,304
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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 35% controlled entity
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 8A

The organization does not have any committees

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted

Form 990, Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Memorial Spaulding School Extended Day
EIN
22-2498817
Phone
6173329616
Address
250 BROOKLINE STREET, NEWTON CENTRE, MA 02459

Signing Officer

Name
Bonnie Croopnick
Title
Treasurer
Phone
6173329616
Signed
2022-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnie Croopnick
Formed
1986
Legal Domicile
Ma
Voting Board Members
2
Independent Board Members
0
Employees
13
Volunteers
0

Preparer

Firm
Waldron H Rand & Co Pc
Address
850 WASHINGTON STREET SUITE 200, DEDHAM, MA 02026
Preparer
Brian Dlugasch
Phone
7814495825
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

ACCRUAL

Raw XML Appendix379 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/AllOtherExpensesGrp/TotalAmt02500
IRS990/BooksInCareOfDetail/PersonNm0BONNIE CROOPNICK
IRS990/BooksInCareOfDetail/PhoneNum06173329616
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IRS990/MissionDesc0AN EXTENDED DAY THAT PROVIDES A SEMI-STRUCTURED RECREATIONAL PROGRAM BASED ON EACH CHILD'S NEEDS AND INTERESTS ON-SITE AT THE MEMORIAL SPAULDING SCHOOL IN NEWTON.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OtherExpensesGrp/Desc2MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3AUTO EXPENSE
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE MEMORIAL SPAULDING SCHOOL EXTENDED DAY PROGRAM RECEIVED A FIRST DRAW PAYCHECK PROTECTION PROGRAM LOAN OF $66,757 ON MAY 6, 2020, VIA BANK OF AMERICA. AFTER FILING THE APPROPRIATE LOAN FORGIVNESS FORMS WITH THEIR LENDER, THE SCHOOL WAS NOTIFIED $50,935 OF PRINCIPAL WAS FORGIVEN, $15,822 OF PRINCIPAL WILL NEED TO BE REPAID, AND $172 OF ACCRUED INTERST EXPENSE WILL NEED TO BE PAID. ON MAY 28, 2021, THE SCHOOL REPAID THE BALANCE DUE OF $15,994 WHICH INCLUDED THE $15,822 OF PRINCIPAL OWED AND $172 OF ACCRUED INTEREST OWED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCRUAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1:
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0465261
IRS990/TotalAssetsEOYAmt0305802
IRS990/TotalAssetsGrp/BOYAmt0465261
IRS990/TotalAssetsGrp/EOYAmt0305802
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt050935
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013762
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130542
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144304
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt066757
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt066757
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0398504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0305802
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0130542
IRS990/TotalProgramServiceRevenueAmt0642
IRS990/TotalReportableCompFromOrgAmt096000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0667
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt051602
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0465261
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0305802
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0250 BROOKLINE STREET
IRS990/USAddress/CityNm0NEWTON CENTRE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002459
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE CROOPNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06173329616
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEMORIAL SPAULDING SCHOOL EXTENDED DAY
ReturnHeader/Filer/BusinessNameControlTxt0MEMO
ReturnHeader/Filer/EIN0222498817
ReturnHeader/Filer/PhoneNum06173329616
ReturnHeader/Filer/USAddress/AddressLine1Txt0250 BROOKLINE STREET
ReturnHeader/Filer/USAddress/CityNm0NEWTON CENTRE
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ReturnHeader/Filer/USAddress/ZIPCd002459
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042759781
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALDRON H RAND & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0850 WASHINGTON STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DEDHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002026
ReturnHeader/PreparerPersonGrp/PhoneNum07814495825
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN DLUGASCH
ReturnHeader/ReturnTs02022-04-20T14:24:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BONNIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CROOPNICK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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