Civic Intelligence

Lower Merion Education Association

990 • Fiscal year 2017 • EIN 23-7084700

Sep 01, 2016 to Aug 31, 2017 • Filed on Nov 15, 2017

306 Parsons AvenueBala Cynwyd, PA 19004

(610) 664-5450

Siviq Scores

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

Liabilities / Assets

78th percentile

0.03x

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

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.06x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Net Margin

7th percentile

-26%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$16,300

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Asset Growth

17th percentile

-9.9%

Faster asset growth than 17% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-19%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$444,792

Down $48,663 (-9.9%) from 2016

Net Assets

Down

$430,850

Down $56,442 (-12%) from 2016

Liabilities

Up

$13,942

Up $7,779 (+126%) from 2016

Revenue

Down

$221,020

Down $50,612 (-19%) from 2016

Expenses

Up

$277,462

Up $55,442 (+25%) from 2016

Net Income

Down

-$56,442

Down $106,054 (-214%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $407,442Liabilities 2011: $3,626Net Assets 2011: $403,8162011Assets 2012: $384,424Liabilities 2012: $3,254Net Assets 2012: $381,1702012Assets 2013: $420,006Liabilities 2013: $3,477Net Assets 2013: $416,5292013Assets 2014: $448,275Liabilities 2014: $8,854Net Assets 2014: $439,4212014Assets 2015: $444,630Liabilities 2015: $6,950Net Assets 2015: $437,6802015Assets 2016: $493,455Liabilities 2016: $6,163Net Assets 2016: $487,2922016Assets 2017: $444,792Liabilities 2017: $13,942Net Assets 2017: $430,8502017Assets 2018: $433,971Liabilities 2018: $6,699Net Assets 2018: $427,2722018Assets 2019: $504,501Liabilities 2019: $5,625Net Assets 2019: $498,8762019Assets 2020: $579,418Liabilities 2020: $4,032Net Assets 2020: $575,3862020Assets 2021: $657,982Liabilities 2021: $4,392Net Assets 2021: $653,5902021Assets 2022: $716,190Liabilities 2022: $4,971Net Assets 2022: $711,2192022Assets 2023: $740,775Liabilities 2023: $5,436Net Assets 2023: $735,3392023Assets 2024: $705,050Liabilities 2024: $6,365Net Assets 2024: $698,6852024Assets 2025: $722,427Liabilities 2025: $5,877Net Assets 2025: $716,5502025

Highlighted filing

2017

Assets$444,792
Liabilities$13,942
Net Assets$430,850

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $258,8352011Expenses 2012: $223,5132012Expenses 2013: $210,7652013Revenue 2014: $243,103Expenses 2014: $220,211Net Income 2014: $22,8922014Revenue 2015: $222,637Expenses 2015: $224,378Net Income 2015: -$1,7412015Revenue 2016: $271,632Expenses 2016: $222,020Net Income 2016: $49,6122016Revenue 2017: $221,020Expenses 2017: $277,462Net Income 2017: -$56,4422017Revenue 2018: $251,298Expenses 2018: $254,876Net Income 2018: -$3,5782018Revenue 2019: $244,236Expenses 2019: $172,632Net Income 2019: $71,6042019Revenue 2020: $242,929Expenses 2020: $166,419Net Income 2020: $76,5102020Revenue 2021: $257,439Expenses 2021: $179,235Net Income 2021: $78,2042021Revenue 2022: $256,622Expenses 2022: $198,993Net Income 2022: $57,6292022Revenue 2023: $224,612Expenses 2023: $200,492Net Income 2023: $24,1202023Revenue 2024: $226,749Expenses 2024: $263,403Net Income 2024: -$36,6542024Revenue 2025: $225,050Expenses 2025: $207,185Net Income 2025: $17,8652025

Highlighted filing

2017

Revenue$221,020
Expenses$277,462
Net Income-$56,442
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$221,020
Mission and Program Overview

Mission

To promote sound education programs in the lower merion school district & to promote and advance the interest and welfare of the organization's membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$281,468$277,535▼ $3,933
Savings and Temporary Cash Investments$210,468$164,058▼ $46,410
Prepaid Expenses and Deferred Charges$1,519$3,199▲ $1,680
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$493,455$444,792▼ $48,663
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,163$13,942▲ $7,779
Total Liabilities$6,163$13,942▲ $7,779
Net Assets / Fund Balance
Unrestricted Net Assets$487,292$430,850▼ $56,442
Total Net Assets Fund Balance$487,292$430,850▼ $56,442
Total Liabilities and Net Assets / Fund Balance$493,455$444,792▼ $48,663

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$241,111$110,790$351,901
Equipment$2,224$69,068$71,292
Land$34,200-$34,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chris Santa MariaPresidentFT$16,300$16,300
Victor FedeliVP-supportPT$11,609$11,609
Darlene MandarinoTreasurerPT$9,777$9,777
Aimee AvellinoFirst VPPT$8,154$8,154
Michael StettnerVP-professionalPT$8,154$8,154
Elizabeth McdevittSecretary Supp.-$8,154$8,154
Andrew ThomasSecretary Prof.-$8,154$8,154
Revenue and Support

Revenue Composition

Contributions and Grants
$217,045
Program Service Revenue
$0
Investment Income
$477
Other Revenue
$3,498
Change in Net Assets
$-56,442

Audited Revenue Reconciliation

Revenue per Audited Statements
$221,020
Total Revenue per Audited Statements
$221,020
Total Revenue per Form 990
$221,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,095
Salaries, Compensation, and Employee Benefits$133,367
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---$70,302
Other Salaries and Wages---$50,963
Office Expenses---$20,760
Payroll Taxes---$12,102
Depreciation Depletion---$9,404
Other Expenses---$5,553
Fees for Services Accounting---$2,750
All Other Expenses---$1,370
Total Functional Expenses$0$0$0$277,462

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$277,462
Total Expenses per Audited Statements$277,462
Total Expenses per Form 990$277,462
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
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Lmea is a professional education association comprised of members currently employed by or on leave from lower merion school distict.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Lmea members may vote for officers and other representatives as provided in the lmea by-laws.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Certain decisions of lmea's officers require members' approval as provided in the lmea by-laws.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 was made available to all members of the governing body prior to filing with the internal revenue service.

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

Governing documents, financial statements and conflict of interest policies are available upon request.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc:

Chris santa maria - lmea 306 parsons ave, bala cynwyd, pa 19004aimee avellino - lmea 306 parsons ave, bala cynwyd, pa 19004victor fedeli - lmea 306 parsons ave, bala cynwyd, pa 19004michael stettner - lmea 306 parsons ave, bala cynwyd, pa 19004elizabeth mcdevitt - lmea 306 parsons ave, bala cynwyd, pa 19004andrew thomas - lmea 306 parsons ave, bala cynwyd, pa 19004darlene mandarino - lmea 306 parsons ave, bala cynwyd, pa 19004

Filing and Contact Details

Filer

Filer Name
Lower Merion Education Association
EIN
23-7084700
Phone
6106645450
Address
306 PARSONS AVENUE, BALA CYNWYD, PA 19004

Signing Officer

Name
Chris Santa Maria
Title
President
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
Pa
Voting Board Members
65
Independent Board Members
0
Employees
16

Preparer

Firm
Raible Cornaglia Wenstrom & Raible LLC
Address
535 Route 38 E Ste 518, Cherry Hill, NJ 08002
Preparer
Robert a Cornaglia CPA Cgma
Phone
8564881860
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IRS990/PYTotalExpensesAmt0222020
IRS990/PYTotalRevenueAmt0271632
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0110790
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0351901
IRS990ScheduleD/EquipmentGrp/BookValueAmt02224
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069068
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071292
IRS990ScheduleD/ExpensesSubtotalAmt0277462
IRS990ScheduleD/LandGrp/BookValueAmt034200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034200
IRS990ScheduleD/RevenueSubtotalAmt0221020
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0277535
IRS990ScheduleD/TotalExpensesPerForm990Amt0277462
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LMEA IS A PROFESSIONAL EDUCATION ASSOCIATION COMPRISED OF MEMBERS CURRENTLY EMPLOYED BY OR ON LEAVE FROM LOWER MERION SCHOOL DISTICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LMEA MEMBERS MAY VOTE FOR OFFICERS AND OTHER REPRESENTATIVES AS PROVIDED IN THE LMEA BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN DECISIONS OF LMEA'S OFFICERS REQUIRE MEMBERS' APPROVAL AS PROVIDED IN THE LMEA BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 WAS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHRIS SANTA MARIA - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004AIMEE AVELLINO - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004VICTOR FEDELI - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004MICHAEL STETTNER - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004ELIZABETH MCDEVITT - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004ANDREW THOMAS - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004DARLENE MANDARINO - LMEA 306 PARSONS AVE, BALA CYNWYD, PA 19004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII Contact Addresses for Officers, Directors, Etc:
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0277462
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06163
IRS990/TotalLiabilitiesEOYAmt013942
IRS990/TotalLiabilitiesGrp/BOYAmt06163
IRS990/TotalLiabilitiesGrp/EOYAmt013942
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0487292
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0430850
IRS990/TotalProgramServiceExpensesAmt0111181
IRS990/TotalProgramServiceRevenueAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221020
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IRS990/TravelGrp/TotalAmt00
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IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0487292
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0430850
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt065
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.LMEAONLINE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS SANTA MARIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOWER MERION EDUCATION ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LOWE
ReturnHeader/Filer/EIN0237084700
ReturnHeader/Filer/PhoneNum06106645450
ReturnHeader/Filer/USAddress/AddressLine1Txt0306 PARSONS AVENUE
ReturnHeader/Filer/USAddress/CityNm0BALA CYNWYD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAIBLE CORNAGLIA WENSTROM & RAIBLE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0535 Route 38 E Ste 518
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cherry Hill
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008002
ReturnHeader/PreparerPersonGrp/PhoneNum08564881860
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT A CORNAGLIA CPA CGMA
ReturnHeader/ReturnTs02017-11-15T09:26:48-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.22$0.06$7.17$2.25$2.07$0.18
2024Detailed filing. Detailed filing data is available for this year.$7.05$0.06$6.99$2.27$2.63$0.37
2023Detailed filing. Detailed filing data is available for this year.$7.41$0.05$7.35$2.25$2.00$0.24
2022Detailed filing. Detailed filing data is available for this year.$7.16$0.05$7.11$2.57$1.99$0.58
2021Detailed filing. Detailed filing data is available for this year.$6.58$0.04$6.54$2.57$1.79$0.78
2020Detailed filing. Detailed filing data is available for this year.$5.79$0.04$5.75$2.43$1.66$0.77
2019Detailed filing. Detailed filing data is available for this year.$5.05$0.06$4.99$2.44$1.73$0.72
2018Detailed filing. Detailed filing data is available for this year.$4.34$0.07$4.27$2.51$2.55$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.45$0.14$4.31$2.21$2.77$0.56
2016Detailed filing. Detailed filing data is available for this year.$4.93$0.06$4.87$2.72$2.22$0.50
2015Detailed filing. Detailed filing data is available for this year.$4.45$0.07$4.38$2.23$2.24$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.48$0.09$4.39$2.43$2.20$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.03$4.17$2.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.03$3.81$2.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$0.04$4.04$2.59