Civic Intelligence

Educational Partnership for Instructing Children Inc.

990 • Fiscal year 2019 • EIN 22-3486840

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

238 Farview AvenueParamus, NJ 07652

(201) 576-0699

Siviq Scores

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

Liabilities / Assets

45th percentile

0.25x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.37x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Net Margin

38th percentile

0.3%

Higher net margin than 38% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$168,752

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Asset Growth

34th percentile

-0.4%

Faster asset growth than 34% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

1.9%

Faster revenue growth than 39% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$5,162,073

Down $22,755 (-0.4%) from 2018

Net Assets

Up

$3,873,631

Up $9,703 (+0.3%) from 2018

Liabilities

Down

$1,288,442

Down $32,458 (-2.5%) from 2018

Revenue

Up

$3,479,511

Up $63,750 (+1.9%) from 2018

Expenses

Up

$3,469,808

Up $209,852 (+6.4%) from 2018

Net Income

Down

$9,703

Down $146,102 (-94%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,603,472Liabilities 2011: $1,600,863Net Assets 2011: $2,002,6092011Assets 2012: $3,947,810Liabilities 2012: $1,703,364Net Assets 2012: $2,244,4462012Assets 2013: $4,476,937Liabilities 2013: $1,929,235Net Assets 2013: $2,547,7022013Assets 2014: $4,442,410Liabilities 2014: $1,512,006Net Assets 2014: $2,930,4042014Assets 2015: $4,642,335Liabilities 2015: $1,536,304Net Assets 2015: $3,106,0312015Assets 2016: $4,776,087Liabilities 2016: $1,381,396Net Assets 2016: $3,394,6912016Assets 2017: $5,055,844Liabilities 2017: $1,347,721Net Assets 2017: $3,708,1232017Assets 2018: $5,184,828Liabilities 2018: $1,320,900Net Assets 2018: $3,863,9282018Assets 2019: $5,162,073Liabilities 2019: $1,288,442Net Assets 2019: $3,873,6312019Assets 2020: $5,086,003Liabilities 2020: $1,175,521Net Assets 2020: $3,910,4822020Assets 2021: $5,017,774Liabilities 2021: $1,111,043Net Assets 2021: $3,906,7312021Assets 2022: $4,877,871Liabilities 2022: $1,050,888Net Assets 2022: $3,826,9832022Assets 2023: $4,783,824Liabilities 2023: $1,027,199Net Assets 2023: $3,756,6252023Assets 2024: $4,505,915Liabilities 2024: $997,730Net Assets 2024: $3,508,1852024

Highlighted filing

2019

Assets$5,162,073
Liabilities$1,288,442
Net Assets$3,873,631

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,536,465Expenses 2011: $2,203,730Net Income 2011: $332,7352011Revenue 2012: $2,895,240Expenses 2012: $2,482,415Net Income 2012: $412,8252012Expenses 2013: $2,529,5932013Revenue 2014: $2,985,827Expenses 2014: $2,603,125Net Income 2014: $382,7022014Revenue 2015: $2,607,191Expenses 2015: $2,431,564Net Income 2015: $175,6272015Revenue 2016: $2,917,035Expenses 2016: $2,628,375Net Income 2016: $288,6602016Revenue 2017: $3,394,617Expenses 2017: $3,081,185Net Income 2017: $313,4322017Revenue 2018: $3,415,761Expenses 2018: $3,259,956Net Income 2018: $155,8052018Revenue 2019: $3,479,511Expenses 2019: $3,469,808Net Income 2019: $9,7032019Revenue 2020: $3,532,450Expenses 2020: $3,495,599Net Income 2020: $36,8512020Revenue 2021: $3,510,534Expenses 2021: $3,514,285Net Income 2021: -$3,7512021Revenue 2022: $3,487,036Expenses 2022: $3,566,784Net Income 2022: -$79,7482022Revenue 2023: $3,928,286Expenses 2023: $3,998,644Net Income 2023: -$70,3582023Revenue 2024: $4,023,884Expenses 2024: $4,272,324Net Income 2024: -$248,4402024

Highlighted filing

2019

Revenue$3,479,511
Expenses$3,469,808
Net Income$9,703
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.1
Gross Receipts
$3,479,511
Mission and Program Overview

Mission

The educational partnership for instructing children (epic) is dedicated to providing educational services for individuals with autism and pervasive developmental disorder (pdd).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,671,965$2,566,758▼ $105,207
Cash and Non-Interest-Bearing Accounts$2,169,425$2,320,132▲ $150,707
Accounts Receivable$190,822$180,936▼ $9,886
Intangible Assets$47,453$44,289▼ $3,164
Prepaid Expenses and Deferred Charges$69,429$35,679▼ $33,750
Pledges and Grants Receivable$5,000$0▼ $5,000
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Inventories for Sale or Use-$0-
Total Assets$5,184,828$5,162,073▼ $22,755
Other Assets Total$30,734$14,279▼ $16,455
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,227,533$1,172,315▼ $55,218
Accounts Payable and Accrued Expenses$56,575$79,335▲ $22,760
Other Liabilities$36,792$36,792→ $0
Total Liabilities$1,320,900$1,288,442▼ $32,458
Net Assets / Fund Balance
Unrestricted Net Assets$3,856,708$3,871,411▲ $14,703
Temporarily Rstr Net Assets$7,220$2,220▼ $5,000
Total Net Assets Fund Balance$3,863,928$3,873,631▲ $9,703
Total Liabilities and Net Assets / Fund Balance$5,184,828$5,162,073▼ $22,755

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,388,834$1,235,129$2,623,963
Land$642,266-$642,266
Leasehold Improvements$381,034$155,961$536,995
Equipment$154,624$255,995$410,619
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter GerhardtExecutive DirectorFT$160,731$8,021$168,752
William SchmalzPrincipalFT$123,730$5,821$129,551

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,475,619
Investment Income
$3,892
Other Revenue
$0
Change in Net Assets
$9,703

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,479,511
Total Revenue per Audited Statements
$3,479,511
Total Revenue per Form 990
$3,479,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,682,834
Other Expenses$786,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,525,412$376,254-$1,901,666
Other Employee Benefits$506,771$73,760-$580,531
Fees for Services Other$119,547$154,759-$274,306
Current Officers, Directors, Trustees, and Key Employees$124,876$43,876-$168,752
Depreciation Depletion$139,841$7,207-$147,048
Occupancy$115,330--$115,330
Interest$63,929--$63,929
Pension Plan Contributions$23,345$8,540-$31,885
Fees for Services Accounting-$23,944-$23,944
Travel$17,554$5,083-$22,637
Office Expenses-$12,317-$12,317
Other Expenses$5,996$5,000-$5,000
Insurance$3,304--$3,304
Fees for Services Legal-$2,902-$2,902
Total Functional Expenses$2,717,363$752,445$0$3,469,808

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,469,808
Total Expenses per Audited Statements$3,469,808
Total Expenses per Form 990$3,469,808
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Deposit$36,792

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABergen Cty Improv Authori2003-07-31$1,550,000MORTGAGE ON BUILDING
BBergen Cty Improv Authori2003-07-31$950,000MORTGAGE ON BUILDING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,550,000--$50,000
B$950,000---

Bond Financing Compliance

Gross proceeds invested
No
Gross proceeds invested in GIC
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

The officers of the board of trustees and external account review the 990 before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The board reviews the policy on an annual basis.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board reviews compensation of senior staff annually and performs a comparability study of other similar organizations federal information returns.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The organization is an approved private school for students with disabilities. As such, they are regulated by the new jersey department of education. Each year, the new jersey department of education establishes maximum salary thresholds by contract title. In addition, the board of trustees reviews and approves compensation annually.

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

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Educational Partnership for
EIN
22-3486840
Phone
2015760699
Address
238 FARVIEW AVENUE, PARAMUS, NJ 07652

Signing Officer

Name
Lisa Krieger CPA
Title
President
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Schmalz
Formed
1997
Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
7
Employees
48
Volunteers
7

Preparer

Firm
Cullari Carrico LLC
Address
55 Lane Road Ste 300, Fairfield, NJ 07004
Preparer
Jason Cullari
Phone
9734063955
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The school adheres to fasb asc topic 740, income taxes, which provides guidance and clarification on accounting for uncertainty in income taxes recognized in the school's financial statemetns. The guidance prescribes a recognition threshold and measurment attrribute for the financial statement recognition and measurment of a tax postion taken or expected to be taken in a tax return, and also provies guidance on de-recognition, classification, interst and penalties, disclosure and transition. For the year ended june 30, 2019, the school has no material uncertain tax positions to be accounted for in the financial statemnets.

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IRS990/MissionDesc0THE EDUCATIONAL PARTNERSHIP FOR INSTRUCTING CHILDREN (EPIC) IS DEDICATED TO PROVIDING EDUCATIONAL SERVICES FOR INDIVIDUALS WITH AUTISM AND PERVASIVE DEVELOPMENTAL DISORDER (PDD).
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleD/BuildingsGrp/BookValueAmt01388834
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0642266
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0155961
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0536995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036792
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT DEPOSIT
IRS990ScheduleD/RevenueSubtotalAmt03479511
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ADHERES TO FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE AND CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE SCHOOL'S FINANCIAL STATEMETNS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASURMENT ATTRRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASURMENT OF A TAX POSTION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTERST AND PENALTIES, DISCLOSURE AND TRANSITION. FOR THE YEAR ENDED JUNE 30, 2019, THE SCHOOL HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMNETS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalLiabilityAmt036792
IRS990ScheduleD/TotalRevenuePerForm990Amt03479511
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL PARTNERSHIP FOR INSTRUCTING CHILDREN, INC.'S NOTICE OF NON-DISCRIMINATORY POLICY IS ON FILE WITH THE STATE OF NEW JERSEY'S DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SINCE WE RECEIVE MORE THAN 50% OF OUR SUPPORT FROM LOCAL BOARD OF EDUCATIONS, WE ARE A "PUBLIC SCHOOL" AS DEFINED IN THE CIVIL RIGHTS ACT. ACCORDINGLY WE ARE NOT SUBJECT TO THE SPECIFIC PUBLISHING, REPORTING, AND RECORDKEEPING REQUIREMENTS OF REV. PROC. 75-50, 1975-2 C.B., PAGE 587. WE UNDERSTAND THAT IF OUR INCOME SOURCES CHANGE TO THE EXTENT WE ARE NO LONGER PRIMARILY SUPPORTED BY THE GOVERNMENT, WE WILL BE SUBJECT TO THESE REQUIREMENTS. THAT FAILURE TO COMPLY WITH THESE REQUIREMENTS AT THAT TIME CAN HAVE AN ADVERSE EFFECT ON OUR EXEMPT STATUS.WE UNDERSTAND THAT WE ARE REQUIRED TO MAKE AVAILABLE FOR PUBLIC INSPECTION A COPY OF OUR EXEMPTION APPLICATION AND SUPPORTING DOCUMENTS, AND THE EXEMPTION LETTER. THAT WE ARE REQUIRED TO FILE AN ANNUAL INFORMATION RETURN, WE ARE ALSO REQUIRED TO MAKE A COPY OF THAT RETURN AVAILABLE FOR PUBLIC INSPECTION FOR THREE YEARS AFTER THE RETURN IS DUE. FAILURE TO MAKE THESE DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION MAY SUBJECT US TO A PENALTY OF $10 PER DAY FOR EACH DAY THERE IS FAILURE TO COMPLY (UP TO A MAXIMUM OF $15,000 IN THE CASE OF AN ANNUAL RETURN). SEE INTERNAL REVENUE SERVICE NOTICE 88-120,1988-2 C.B. 454 FOR ADDITIONAL INFORMATION.A COPY OF INTERNAL REVENUE SERVICE LETTER 947 CONFIRMING THE ABOVE IS AVAILABLE AT OUR OFFICE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 7 - Explanation of Certification of Racial Nondiscrimination Compliance
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IRS990ScheduleJ/EquityBasedCompArrngmInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PETER GERHARDT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
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IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12003-07-31
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1NC0058382

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.51$1.00$3.51$4.02$4.27$0.25
2023Detailed filing. Detailed filing data is available for this year.$4.78$1.03$3.76$3.93$4.00$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.88$1.05$3.83$3.49$3.57$0.08
2021Detailed filing. Detailed filing data is available for this year.$5.02$1.11$3.91$3.51$3.51$0.00
2020Detailed filing. Detailed filing data is available for this year.$5.09$1.18$3.91$3.53$3.50$0.04
2019Detailed filing. Detailed filing data is available for this year.$5.16$1.29$3.87$3.48$3.47$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.18$1.32$3.86$3.42$3.26$0.16
2017Detailed filing. Detailed filing data is available for this year.$5.06$1.35$3.71$3.39$3.08$0.31
2016Detailed filing. Detailed filing data is available for this year.$4.78$1.38$3.39$2.92$2.63$0.29
2015Detailed filing. Detailed filing data is available for this year.$4.64$1.54$3.11$2.61$2.43$0.18
2014Detailed filing. Detailed filing data is available for this year.$4.44$1.51$2.93$2.99$2.60$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$1.93$2.55$2.53
2012Summary only. Only limited summary data is available for this year.$3.95$1.70$2.24$2.90$2.48$0.41
2011Summary only. Only limited summary data is available for this year.$3.60$1.60$2.00$2.54$2.20$0.33