Civic Intelligence

Rising Star Inc. Learning Center

990 • Fiscal year 2019 • EIN 22-3002848

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 27, 2020

126 Lyons AvenueNewark, NJ 07112

(908) 759-3079

Siviq Scores

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

Liabilities / Assets

98th percentile

3.47x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.31x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Net Margin

37th percentile

-0.3%

Higher net margin than 37% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$11,850

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Asset Growth

52nd percentile

3.8%

Faster asset growth than 52% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

49%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$37,344

Up $1,373 (+3.8%) from 2018

Net Assets

Down

-$92,079

Down $1,089 (-1.2%) from 2018

Liabilities

Up

$129,423

Up $2,462 (+1.9%) from 2018

Revenue

Up

$415,830

Up $136,254 (+49%) from 2018

Expenses

Up

$416,918

Up $154,239 (+59%) from 2018

Net Income

Down

-$1,088

Down $17,985 (-106%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $131,959Liabilities 2010: $42,130Net Assets 2010: $89,8292010Assets 2011: $46,862Liabilities 2011: $10,633Net Assets 2011: $36,2292011Assets 2012: $59,188Liabilities 2012: $10,552Net Assets 2012: $48,6362012Assets 2013: $50,424Liabilities 2013: $8,188Net Assets 2013: $42,2362013Assets 2014: $40,149Liabilities 2014: $14,487Net Assets 2014: $25,6622014Assets 2016: $27,760Liabilities 2016: $02016Assets 2017: $45,406Liabilities 2017: $162,944Net Assets 2017: -$117,5382017Assets 2018: $35,971Liabilities 2018: $126,961Net Assets 2018: -$90,9902018Assets 2019: $37,344Liabilities 2019: $129,423Net Assets 2019: -$92,0792019Assets 2020: $102,118Liabilities 2020: $329,748Net Assets 2020: -$227,6302020Assets 2021: $189,979Liabilities 2021: $585,758Net Assets 2021: -$395,7792021Assets 2022: $101,353Liabilities 2022: $495,373Net Assets 2022: -$394,0202022Assets 2023: $52,490Liabilities 2023: $502,288Net Assets 2023: -$449,7982023

Highlighted filing

2019

Assets$37,344
Liabilities$129,423
Net Assets-$92,079

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $419,4762010Expenses 2011: $328,7292011Expenses 2012: $256,6742012Revenue 2013: $289,282Expenses 2013: $295,682Net Income 2013: -$6,4002013Revenue 2014: $188,869Expenses 2014: $205,443Net Income 2014: -$16,5742014Revenue 2016: $187,707Expenses 2016: $162,774Net Income 2016: $24,9332016Revenue 2017: $253,794Expenses 2017: $278,547Net Income 2017: -$24,7532017Revenue 2018: $279,576Expenses 2018: $262,679Net Income 2018: $16,8972018Revenue 2019: $415,830Expenses 2019: $416,918Net Income 2019: -$1,0882019Revenue 2020: $368,943Expenses 2020: $504,494Net Income 2020: -$135,5512020Revenue 2021: $242,012Expenses 2021: $370,042Net Income 2021: -$128,0302021Revenue 2022: $422,425Expenses 2022: $420,666Net Income 2022: $1,7592022Revenue 2023: $385,323Expenses 2023: $336,494Net Income 2023: $48,8292023

Highlighted filing

2019

Revenue$415,830
Expenses$416,918
Net Income-$1,088
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 27, 2020
Return Version
2019v5.1
Gross Receipts
$415,830
Mission and Program Overview

Mission

Childcare provider for children 1 to 5

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$34,971$33,948▼ $1,023
Cash and Non-Interest-Bearing Accounts$1,000$3,396▲ $2,396
Total Assets$35,971$37,344▲ $1,373
Liabilities
Other Liabilities$121,446$122,827▲ $1,381
Accounts Payable and Accrued Expenses$5,515$6,596▲ $1,081
Total Liabilities$126,961$129,423▲ $2,462
Net Assets / Fund Balance
Net Assets With Donor Restrictions$64,887$64,887→ $0
Net Assets Without Donor Restrictions$-155,877$-156,966▼ $1,089
Total Net Assets Fund Balance$-90,990$-92,079▼ $1,089
Total Liabilities and Net Assets / Fund Balance$35,971$37,344▲ $1,373
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dakarai GrimsleyDirector/ ManagerFT$11,850$11,850

Board Members and Trustees

NameTitle
Audrey FridayBoard Member
Bonnie TaylorBoard Member
Helen AshleyBoard Member
Edward GrimsleyDirector/ Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$415,830
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$415,830
Change in Net Assets
$-1,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$216,593
Other Expenses$200,325
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$140,677$24,825$0$165,502
Office Expenses$101,864$17,976$0$119,840
Occupancy$47,841$8,442$0$56,283
Current Officers, Directors, Trustees, and Key Employees$24,000$1,800$0$25,800
Payroll Taxes$21,498$3,793$0$25,291
Other Expenses$14,255$0$0$14,255
Travel$5,129$0$0$5,129
Fees for Services Accounting$2,210$390$0$2,600
Insurance$1,885$333$0$2,218
Total Functional Expenses$359,359$57,559$0$416,918
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal & State Payroll Taxes$122,827
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Rising Star Learning Center
EIN
22-3002848
Phone
9087593079
Address
126 LYONS AVENUE, NEWARK, NJ 07112

Signing Officer

Name
Edward Grimsley
Title
President
Phone
9087593079
Signed
2020-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Grimsley
Formed
1989
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
0
Employees
15
Volunteers
3

Preparer

Firm
WL Williams CPA
Address
66 Castle Pointe Blvd, Piscataway, NJ 08854
Preparer
W L Williams
Phone
7324633517
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Director's (Ed Grimsley) son & daughter work at the center

Pt VI, Line 11B

The Director will review the 990 with the board members

Pt VI, Line 12C

Director review operations daily and periodically meet with staff

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ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD GRIMSLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09087593079
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RISING STAR LEARNING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0RISI
ReturnHeader/Filer/EIN0223002848
ReturnHeader/Filer/PhoneNum09087593079
ReturnHeader/Filer/USAddress/AddressLine1Txt0126 LYONS AVENUE
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007112
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A5A9EA436CADC754DB358D9C4CE923213C1DE4A3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A5A9EA436CADC754DB358D9C4CE923213C1DE4A3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.184.232.144
ReturnHeader/FilingSecurityInformation/IPDt02020-07-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm011:12:59
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WL Williams CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt066 Castle Pointe Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Piscataway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008854
ReturnHeader/PreparerPersonGrp/PhoneNum07324633517
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0W L WILLIAMS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-07-29T11:13:09-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.52$5.02$4.50$3.85$3.36$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.01$4.95$3.94$4.22$4.21$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.90$5.86$3.96$2.42$3.70$1.28
2020Detailed filing. Detailed filing data is available for this year.$1.02$3.30$2.28$3.69$5.04$1.36
2019Detailed filing. Detailed filing data is available for this year.$0.37$1.29$0.92$4.16$4.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.36$1.27$0.91$2.80$2.63$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.45$1.63$1.18$2.54$2.79$0.25
2016Summary only. Only limited summary data is available for this year.$0.28$0.00$1.88$1.63$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.14$0.26$1.89$2.05$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.08$0.42$2.89$2.96$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.11$0.49$2.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.11$0.36$3.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.42$0.90$4.19