Civic Intelligence

Willard Hsa Inc.

990 • Fiscal year 2018 • EIN 22-3596379

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 02, 2018

601 Morningside RoadRidgewood, NJ 07450

(201) 612-9789

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

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

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.00x

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

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

95th percentile

171%

Faster asset growth than 95% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

41%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$129,969

Up $82,038 (+171%) from 2017

Net Assets

Up

$129,969

Up $82,038 (+171%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$154,330

Up $44,545 (+41%) from 2017

Expenses

Down

$72,292

Down $141,907 (-66%) from 2017

Net Income

Up

$82,038

Up $186,452 (+179%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $174,414Liabilities 2012: $0Net Assets 2012: $174,4142012Assets 2013: $32,098Liabilities 2013: $0Net Assets 2013: $32,0982013Assets 2014: $103,130Liabilities 2014: $0Net Assets 2014: $103,1302014Assets 2015: $16,194Liabilities 2015: $0Net Assets 2015: $16,1942015Assets 2016: $152,345Liabilities 2016: $0Net Assets 2016: $152,3452016Assets 2017: $47,931Liabilities 2017: $0Net Assets 2017: $47,9312017Assets 2018: $129,969Liabilities 2018: $0Net Assets 2018: $129,9692018Assets 2019: $64,382Liabilities 2019: $0Net Assets 2019: $64,3822019Assets 2020: $160,155Liabilities 2020: $0Net Assets 2020: $160,1552020Assets 2021: $147,185Liabilities 2021: $0Net Assets 2021: $147,1852021Assets 2022: $158,369Liabilities 2022: $0Net Assets 2022: $158,3692022Assets 2023: $24,570Liabilities 2023: $0Net Assets 2023: $24,5702023Assets 2024: $70,520Liabilities 2024: $0Net Assets 2024: $70,5202024

Highlighted filing

2018

Assets$129,969
Liabilities$0
Net Assets$129,969

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2012: $170,9142012Expenses 2013: $239,4182013Revenue 2014: $258,276Expenses 2014: $187,244Net Income 2014: $71,0322014Revenue 2015: $45,176Expenses 2015: $132,112Net Income 2015: -$86,9362015Revenue 2016: $218,642Expenses 2016: $82,491Net Income 2016: $136,1512016Revenue 2017: $109,785Expenses 2017: $214,199Net Income 2017: -$104,4142017Revenue 2018: $154,330Expenses 2018: $72,292Net Income 2018: $82,0382018Revenue 2019: $122,226Expenses 2019: $187,813Net Income 2019: -$65,5872019Revenue 2020: $173,706Expenses 2020: $77,933Net Income 2020: $95,7732020Revenue 2021: $69,072Expenses 2021: $82,042Net Income 2021: -$12,9702021Revenue 2022: $146,885Expenses 2022: $135,701Net Income 2022: $11,1842022Revenue 2023: $141,701Expenses 2023: $187,883Net Income 2023: -$46,1822023Revenue 2024: $184,379Expenses 2024: $138,429Net Income 2024: $45,9502024

Highlighted filing

2018

Revenue$154,330
Expenses$72,292
Net Income$82,038
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 2, 2018
Return Version
2017v2.3
Gross Receipts
$269,869
Mission and Program Overview

Mission

To raise funds to enhance educational opportunities for students at willard school in ridgewood, nj.

To raise funds to enhance educational opportunities for students at willard school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,921$124,949▲ $82,028
Savings and Temporary Cash Investments$5,010$5,020▲ $10
Total Assets$47,931$129,969▲ $82,038
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$47,931$129,969▲ $82,038
Total Net Assets Fund Balance$47,931$129,969▲ $82,038
Total Liabilities and Net Assets / Fund Balance$47,931$129,969▲ $82,038
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vanessa LeeAssistant Development Chair
Kim CadaretAssistant Fundraising Chair
Camille CanoneDevelopment Chair
Jaime DavisFundraising Chair
Carol LograssoPresident
Caroline Hoffman1st Vice President
Robin Fisher2nd Vice President
Shelley RomeroAssistant Treasurer
Shannon SullivanLshsa Representative
Ann KautzmannSecretary
Michele StewartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,337
Program Service Revenue
$108,974
Investment Income
$0
Other Revenue
$35,019
All Other Contributions
$5,561
Change in Net Assets
$82,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,879
Grants and Similar Amounts Paid$17,413
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$17,413--$17,413
All Other Expenses$8,616$201-$8,817
Other Expenses$7,055--$7,055
Office Expenses-$4,578-$4,578
Fees for Services Accounting-$1,350-$1,350
Total Functional Expenses$66,163$6,129$0$72,292
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Willard SchoolRidgewood, NJ501(c)(3)To Enhance Educational Oppurtunities for Students at Willard School-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$137,380
Fundraising Direct Expenses$112,840
Gaming Gross Income$13,113
Gaming Direct Expenses$2,699
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
School Fair$17,928$17,928$6,869$11,059
Ladies Night$15,921$13,561$10,837$2,724
Total Events$142,156$137,380$112,840$24,540
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
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

Every parent and legal guardian of any student enrolled in the willard school and every teacher and the administrator of the willard school is a member of the association.

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

Meetings of the members of the association shall be held at least two times annually. An annual meeting of members of the association will be held for the purpose of electing the board of trustees and officers of the association. The board of trustees or the president may call other meetings of the members for any purpose. The presence of 1/3 of the entire board of trustees shall be necessary and sufficient to constitute a quorum for the transaction of business at any meeting of the board of trustees.

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

The president and treasurer review the form 990 prior to filing and a hard copy is kept in archives for the board, school administrator or government to access.

Form 990, Part VI, Section B, Line 12

The conflict of interest policy is reviewed annually and monitored by the board.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and form 990 available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Willard Hsa Inc
EIN
22-3596379
Phone
2016129789
Address
601 MORNINGSIDE ROAD, RIDGEWOOD, NJ 07450

Signing Officer

Name
Robin Fisher
Title
President
Phone
2016129789
Signed
2018-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Lograsso
Formed
1998
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
70

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
300 TICE BOULEVARD SUITE 315, WOODCLIFF LAKE, NJ 07677
Preparer
Linda Murphy
Phone
2017129800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

School fair: program service expenses 6,869. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,869. Science fair: program service expenses 1,747. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,747. State filing fees: program service expenses 0. Management and general expenses 201. Fundraising expenses 0. Total expenses 201.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0108974
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05010
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05020
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010337
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt014753
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016178
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt057603
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0108974
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0183181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0331421
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt046752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0121463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0791791
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt060
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt034954
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt034954
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt065
IRS990ScheduleA/OtherIncome509Grp/TotalAmt065
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96030
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0849394
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0119311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0183235
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0346174
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0137744
IRS990ScheduleA/Total509Grp/TotalAmt0849394
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0154330
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0183235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0346174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt062938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0137796
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0884473
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt04776
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02360
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt02416
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0112840
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LADIES NIGHT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SCHOOL FAIR
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015921
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt017928
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0108307
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0142156
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013561
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt017928
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0105891
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0137380
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024540
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt093174
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0110880
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010837
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06869
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt035
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01960
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01960
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt017413
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0TECHNOLOGY PURCHASES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ENHANCE EDUCATIONAL OPPURTUNITIES FOR STUDENTS AT WILLARD SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WILLARD SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0226002259
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0601 MORNINGSIDE ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RIDGEWOOD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd007450
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0COST
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVERY PARENT AND LEGAL GUARDIAN OF ANY STUDENT ENROLLED IN THE WILLARD SCHOOL AND EVERY TEACHER AND THE ADMINISTRATOR OF THE WILLARD SCHOOL IS A MEMBER OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEETINGS OF THE MEMBERS OF THE ASSOCIATION SHALL BE HELD AT LEAST TWO TIMES ANNUALLY. AN ANNUAL MEETING OF MEMBERS OF THE ASSOCIATION WILL BE HELD FOR THE PURPOSE OF ELECTING THE BOARD OF TRUSTEES AND OFFICERS OF THE ASSOCIATION. THE BOARD OF TRUSTEES OR THE PRESIDENT MAY CALL OTHER MEETINGS OF THE MEMBERS FOR ANY PURPOSE. THE PRESENCE OF 1/3 OF THE ENTIRE BOARD OF TRUSTEES SHALL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS AT ANY MEETING OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT AND TREASURER REVIEW THE FORM 990 PRIOR TO FILING AND A HARD COPY IS KEPT IN ARCHIVES FOR THE BOARD, SCHOOL ADMINISTRATOR OR GOVERNMENT TO ACCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOOL FAIR: PROGRAM SERVICE EXPENSES 6,869. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,869. SCIENCE FAIR: PROGRAM SERVICE EXPENSES 1,747. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,747. STATE FILING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 201. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 201.
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt047931
IRS990/TotalAssetsEOYAmt0129969
IRS990/TotalAssetsGrp/BOYAmt047931
IRS990/TotalAssetsGrp/EOYAmt0129969
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010337
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06129
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt066163
IRS990/TotalFunctionalExpensesGrp/TotalAmt072292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047931

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