Civic Intelligence

Montgomery County Head Start Program Inc

990 • Fiscal year 2013 • EIN 23-2129145

Feb 01, 2012 to Jan 31, 2013 • Filed on Dec 09, 2013

PO Box 61319446
Siviq Scores

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

Liabilities / Assets

94th percentile

1.15x

Higher debt load relative to assets than 94% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

89th percentile

35%

Faster asset growth than 89% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$579,464

Up $151,059 (+35%) from 2012

Net Assets

Down

-$85,047

Down $48,197 (-131%) from 2012

Liabilities

Up

$664,511

Up $199,256 (+43%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$4,201,966

Down $5,098 (-0.1%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2011: $368,641Liabilities 2011: $387,476Net Assets 2011: -$18,8352011Assets 2012: $428,405Liabilities 2012: $465,255Net Assets 2012: -$36,8502012Assets 2013: $579,464Liabilities 2013: $664,511Net Assets 2013: -$85,0472013Assets 2014: $76,742Liabilities 2014: $203,609Net Assets 2014: -$126,8672014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2013

Assets$579,464
Liabilities$664,511
Net Assets-$85,047

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,299,6972011Expenses 2012: $4,207,0642012Expenses 2013: $4,201,9662013Revenue 2014: $1,731,248Expenses 2014: $1,786,049Net Income 2014: -$54,8012014Revenue 2015: $178,935Expenses 2015: $24,856Net Income 2015: $154,0792015

Highlighted filing

2013

Revenue-
Expenses$4,201,966
Net Income-
Jump To
Filing Snapshot
Filing Period
Feb 1, 2012 to Jan 31, 2013
Signed
Dec 9, 2013
Return Version
2012v2.1
Gross Receipts
$4,153,769
Mission and Program Overview

Mission

Montgomery county head start is a family focused and community oriented program that meets the social/emotional, educational, health, and nutritional needs of all income eligible children, ages 3-5. We educate, equip, empower and elevate children, parents, staff and community. Our vision is to carry out our mission so successfully that we will impact and/or eliminate the cycle of poverty for the families that we serve.

Major Activities

Activity 2
Through the pa dept of education, the head start state supplemental assistance program supported 34 children.
Activity 3
Through the pottstown early action for kindergarten readiness (peak) supported 18 children.
Filing and Contact Details

Filer

EIN
23-2129145
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE INTERNAL REVENUE SERVICE ("IRS") HAS CLASSIFIED THE ORGANIZATION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"), AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER CODE SECTION 170(B)(1)(A). ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JANUARY 31, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WAS NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEAR ENDED JANUARY 31, 2013. THE INCOME TAX RETURNS OF THE ORGANIZATION FOR THE YEARS ENDED JANUARY 31, 2010, 2011 AND 2012 ARE SUBJECT TO EXAMINATION BY THE IRS AND OTHER TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
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IRS990ScheduleM/ReviewProcessUnusualNCGifts01
IRS990ScheduleM/ThirdPartiesUsed00
IRS990ScheduleO/GeneralExplanation/Explanation0CHARLES KEFFER, COMMUNITY REPRESENTATIVE, AND SALLY KEFFER, BOARD MEMBER, ARE MARRIED.
IRS990ScheduleO/GeneralExplanation/Explanation1ONCE THE 990 IS COMPLETED BY THE TAX PREPARERS, IT WILL BE SHARED, REVIEWED, AND DISCUSSED BY THE BOARD OF DIRECTORS AND ANY CHANGES WILL BE INCORPORATED. AT THAT POINT, IT WILL BE CONSIDERED APPROVED FOR SUBMISSION.
IRS990ScheduleO/GeneralExplanation/Explanation2MONTGOMERY COUNTY HEAD START'S PERSONNEL POLICY P10.4-2: CONFLICT OF INTEREST POLICY, IS A SELF-MONITORING POLICY.
IRS990ScheduleO/GeneralExplanation/Explanation3MCHS IS FEDERALLY FUNDED, AND AS A GRANTEE MCHS MUST ENSURE THAT NO STAFF WHOSE SALARY IS PAID, IN WHOLE OR IN PART, WITH HEAD START GRANT FUNDS SHALL BE PAID (SALARY AND FRINGE BENEFITS) AT A RATE WHICH EXCEEDS THAT OF AN EXECUTIVE LEVEL II EMPLOYEE ($179,700 AS OF JANUARY, 2010). ALL SALARIES ARE BASED ON JOB DESCRIPTIONS, AND ARE CONSIDERED REASONABLE WITHIN THE PA HEAD START WAGE SALARY SCALE, AS OF JANUARY 2010.
IRS990ScheduleO/GeneralExplanation/Explanation4THE IRS FORM 990 IS AVAILABLE ON THE WEBSITE: GUIDESTAR.ORG. ALL 990'S, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0WRITTEN CONFLICT OF INTEREST POLICY
IRS990ScheduleO/GeneralExplanation/Identifier1COMMITTEE RESPONSIBLE FOR OVERSIGHT
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2C
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00

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