Civic Intelligence

Fall River Educators' Association Inc

990 • Fiscal year 2015 • EIN 23-7037161

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 31, 2016

178 Fourth StreetFall River, MA 02721

(508) 679-4392

Siviq Scores

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

Liabilities / Assets

78th percentile

0.17x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.35x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$81,480

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 48.3% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

46th percentile

0.9%

Faster asset growth than 46% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-2.6%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$348,052

Up $3,165 (+0.9%) from 2014

Net Assets

Up

$288,352

Up $5,547 (+2.0%) from 2014

Liabilities

Down

$59,700

Down $2,382 (-3.8%) from 2014

Revenue

Down

$168,659

Down $4,427 (-2.6%) from 2014

Expenses

Up

$163,112

Up $4,768 (+3.0%) from 2014

Net Income

Down

$5,547

Down $9,195 (-62%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $372,582Liabilities 2010: $189,923Net Assets 2010: $182,6592010Assets 2012: $425,620Liabilities 2012: $193,517Net Assets 2012: $232,1032012Assets 2013: $454,755Liabilities 2013: $186,692Net Assets 2013: $268,0632013Assets 2014: $344,887Liabilities 2014: $62,082Net Assets 2014: $282,8052014Assets 2015: $348,052Liabilities 2015: $59,700Net Assets 2015: $288,3522015Assets 2016: $383,482Liabilities 2016: $58,656Net Assets 2016: $324,8262016Assets 2017: $401,483Liabilities 2017: $52,722Net Assets 2017: $348,7612017Assets 2018: $428,671Liabilities 2018: $59,543Net Assets 2018: $369,1282018Assets 2019: $453,797Liabilities 2019: $60,721Net Assets 2019: $393,0762019Assets 2020: $460,795Liabilities 2020: $62,312Net Assets 2020: $398,4832020Assets 2021: $466,300Liabilities 2021: $60,549Net Assets 2021: $405,7512021Assets 2022: $439,650Liabilities 2022: $64,306Net Assets 2022: $375,3442022Assets 2023: $468,265Liabilities 2023: $125,544Net Assets 2023: $342,7212023Assets 2024: $329,089Liabilities 2024: $2,912Net Assets 2024: $326,1772024

Highlighted filing

2015

Assets$348,052
Liabilities$59,700
Net Assets$288,352

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $157,1992010Expenses 2012: $164,1022012Expenses 2013: $151,7772013Revenue 2014: $173,086Expenses 2014: $158,344Net Income 2014: $14,7422014Revenue 2015: $168,659Expenses 2015: $163,112Net Income 2015: $5,5472015Revenue 2016: $210,233Expenses 2016: $173,759Net Income 2016: $36,4742016Revenue 2017: $201,137Expenses 2017: $177,202Net Income 2017: $23,9352017Revenue 2018: $203,047Expenses 2018: $182,680Net Income 2018: $20,3672018Revenue 2019: $201,773Expenses 2019: $177,825Net Income 2019: $23,9482019Revenue 2020: $189,232Expenses 2020: $183,825Net Income 2020: $5,4072020Revenue 2021: $183,710Expenses 2021: $176,442Net Income 2021: $7,2682021Revenue 2022: $179,063Expenses 2022: $209,470Net Income 2022: -$30,4072022Revenue 2023: $178,943Expenses 2023: $211,566Net Income 2023: -$32,6232023Revenue 2024: $218,369Expenses 2024: $234,913Net Income 2024: -$16,5442024

Highlighted filing

2015

Revenue$168,659
Expenses$163,112
Net Income$5,547
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 31, 2016
Return Version
2014v6.0
Gross Receipts
$173,231
Mission and Program Overview

Mission

Serve as a collective bargaining unit for the

Serve as a collective bargaining unit for the fall river, massachusetts teachers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$179,720$185,569▲ $5,849
Land, Buildings, and Equipment, Net$107,385$103,563▼ $3,822
Savings and Temporary Cash Investments$50,356$50,477▲ $121
Pledges and Grants Receivable$7,426$8,443▲ $1,017
Total Assets$344,887$348,052▲ $3,165
Liabilities
Accounts Payable and Accrued Expenses$55,537$58,159▲ $2,622
Mortgage Notes Payable Secured by Investment Property$6,545$1,541▼ $5,004
Total Liabilities$62,082$59,700▼ $2,382
Net Assets / Fund Balance
Unrestricted Net Assets$281,650$288,013▲ $6,363
Temporarily Rstr Net Assets$1,155$339▼ $816
Total Net Assets Fund Balance$282,805$288,352▲ $5,547
Total Liabilities and Net Assets / Fund Balance$344,887$348,052▲ $3,165

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$46,009$24,243$70,252
Leasehold Improvements$49,778$14,079$63,857
Other Land Buildings-$25,336$25,336
Equipment$276$12,326$12,602
Land$7,500-$7,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rebeca CusickPresidentFT$5,309$76,171$81,480
Brian L BennettVice PresidentPT$2,909-$2,909
Brenda BoudreauSecretary/clerkPT$2,242-$2,242
Karl AmaralTreasurerPT$2,242-$2,242
Kim SutherlandVice PresidentPT$2,242-$2,242
Elizabeth TeixeiraVice PresidentPT$1,868-$1,868
Revenue and Support

Revenue Composition

Contributions and Grants
$137,816
Program Service Revenue
$0
Investment Income
$186
Other Revenue
$30,657
Change in Net Assets
$5,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$116,135
Other Expenses$46,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$58,410$27,372$0$85,782
Comp Disqual Persons$19,628$6,543$0$26,171
Occupancy$5,050$5,049$0$10,099
All Other Expenses$6,026$0$0$6,026
Payroll Taxes$3,136$1,046$0$4,182
Depreciation Depletion$1,911$1,911$0$3,822
Fees for Services Accounting$1,850$1,850$0$3,700
Fees for Services Management$2,542$848$0$3,390
Office Expenses$1,481$1,481$0$2,962
Travel$2,280--$2,280
Other Expenses$1,679$560$0$2,239
Conferences and Meetings$921$921$0$1,842
Insurance$881$881$0$1,762
Interest$93$93$0$186
Total Functional Expenses$112,282$50,830$0$163,112
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,572
Fundraising Gross Income$3,756
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
FALL RIVER EDUCATORS' ASSOCIATION INC
EIN
23-7037161
Phone
5086794392
Address
178 FOURTH STREET, FALL RIVER, MA 02721

Signing Officer

Name
Rebeca Cusick
Title
President
Phone
5086794392
Signed
2016-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebeca Cusick
Formed
1985
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Firm
Robert a Zagrodny CPA Inc
Address
57 NORTH MAIN STREET, FALL RIVER, MA 02720
Preparer
Chet D Capodilupo Jr
Phone
5086774707
Supplemental Narrative

Additional Explanations

Pt VI, Line 7A

Officers are elected by the membership

Pt VI, Line 7B

Officers and members approve entity business

Pt VI, Line 11B

Officers approval and treasurer signature

Pt VI, Line 12C

ANNUAL UPDATES TO POLICY

Pt VI, Line 15A

Annual compensation review by officers and membership

Pt VI, Line 15B

Annual compensation review by officers and membership

Form 990, Part IX, Line 24F

Affiliates reimbursable program expenses 4752. 4752. 0. Miscellanous program expenses 1274. 1274. 0.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND MEMBERS APPROVE ENTITY BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS APPROVAL AND TREASURER SIGNATURE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL UPDATES TO POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL COMPENSATION REVIEW BY OFFICERS AND MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL COMPENSATION REVIEW BY OFFICERS AND MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AFFILIATES REIMBURSABLE PROGRAM EXPENSES 4752. 4752. 0. MISCELLANOUS PROGRAM EXPENSES 1274. 1274. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01155
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0339
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0344887
IRS990/TotalAssetsEOYAmt0348052
IRS990/TotalAssetsGrp/BOYAmt0344887
IRS990/TotalAssetsGrp/EOYAmt0348052
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0137816
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050830
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0112282
IRS990/TotalFunctionalExpensesGrp/TotalAmt0163112
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt062082
IRS990/TotalLiabilitiesEOYAmt059700
IRS990/TotalLiabilitiesGrp/BOYAmt062082
IRS990/TotalLiabilitiesGrp/EOYAmt059700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0282805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0288352
IRS990/TotalOtherCompensationAmt07200
IRS990/TotalProgramServiceExpensesAmt0112282
IRS990/TotalReportableCompFromOrgAmt016812
IRS990/TotalRevenueGrp/ExclusionAmt0-816
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt031659
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0168659
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0344887
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0348052
IRS990/TotReportableCompRltdOrgAmt068971
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt02280
IRS990/TravelGrp/TotalAmt02280
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0281650
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0288013
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0178 FOURTH STREET
IRS990/USAddress/CityNm0FALL RIVER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002721
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECA CUSICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05086794392
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALL RIVER EDUCATORS' ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FALL
ReturnHeader/Filer/EIN0237037161
ReturnHeader/Filer/PhoneNum05086794392
ReturnHeader/Filer/USAddress/AddressLine1Txt0178 FOURTH STREET
ReturnHeader/Filer/USAddress/CityNm0FALL RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002721
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT A ZAGRODNY CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt057 NORTH MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FALL RIVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002720
ReturnHeader/PreparerPersonGrp/PhoneNum05086774707
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHET D CAPODILUPO JR
ReturnHeader/ReturnTs02016-02-01T14:39:53-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.29$0.03$3.26$2.18$2.35$0.17
2023Detailed filing. Detailed filing data is available for this year.$4.68$1.26$3.43$1.79$2.12$0.33
2022Detailed filing. Detailed filing data is available for this year.$4.40$0.64$3.75$1.79$2.09$0.30
2021Detailed filing. Detailed filing data is available for this year.$4.66$0.61$4.06$1.84$1.76$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.61$0.62$3.98$1.89$1.84$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.54$0.61$3.93$2.02$1.78$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.29$0.60$3.69$2.03$1.83$0.20
2017Detailed filing. Detailed filing data is available for this year.$4.01$0.53$3.49$2.01$1.77$0.24
2016Detailed filing. Detailed filing data is available for this year.$3.83$0.59$3.25$2.10$1.74$0.36
2015Detailed filing. Detailed filing data is available for this year.$3.48$0.60$2.88$1.69$1.63$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.45$0.62$2.83$1.73$1.58$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$1.87$2.68$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$1.94$2.32$1.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$1.90$1.83$1.57