Civic Intelligence

Marrakech Inc

EIN 23-7148533 • 501(c)3 • Woodbridge, CT

Profile

Provides person-centered and inclusive services to children and adults with and without disabilities that includes securing employment, connecting to necessary supportive services, accessing housing and participating fully as contributing members of the community. Equity and inclusion are embedded in the core values of the organization where diverse backgrounds, cultures, perspectives and life experiences are embraced.

6 Lunar DriveWoodbridge, CT 06525

www.marrakechinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.50x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.81x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

46th percentile

3.0%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$323,638

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

45th percentile

3.7%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

48th percentile

6.0%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Down

$15,630,830

Down $18,754 (-0.1%) from 2023

Liabilities

Down

$7,794,369

Down $306,824 (-3.8%) from 2023

Net Assets

Up

$7,836,461

Up $288,070 (+3.8%) from 2023

Revenue

Up

$9,574,535

Up $530,559 (+5.9%) from 2023

Expenses

Up

$9,286,465

Up $258,876 (+2.9%) from 2023

Net Income

Up

$288,070

Up $271,683 (+1658%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $17,168,286Liabilities 2010: $12,930,807Net Assets 2010: $4,237,4792010Assets 2011: $19,094,999Liabilities 2011: $14,339,711Net Assets 2011: $4,755,2882011Assets 2012: $18,473,150Liabilities 2012: $13,517,524Net Assets 2012: $4,955,6262012Assets 2013: $19,032,130Liabilities 2013: $13,597,476Net Assets 2013: $5,434,6542013Assets 2014: $18,681,143Liabilities 2014: $13,176,143Net Assets 2014: $5,505,0002014Assets 2015: $19,348,428Liabilities 2015: $13,392,418Net Assets 2015: $5,956,0102015Assets 2016: $17,251,360Liabilities 2016: $10,813,526Net Assets 2016: $6,437,8342016Assets 2017: $15,517,218Liabilities 2017: $8,956,627Net Assets 2017: $6,560,5912017Assets 2018: $15,530,662Liabilities 2018: $8,864,897Net Assets 2018: $6,665,7652018Assets 2019: $15,014,490Liabilities 2019: $7,699,180Net Assets 2019: $7,315,3102019Assets 2020: $15,857,738Liabilities 2020: $8,564,338Net Assets 2020: $7,293,4002020Assets 2021: $17,188,402Liabilities 2021: $9,745,641Net Assets 2021: $7,442,7612021Assets 2022: $14,546,567Liabilities 2022: $7,014,563Net Assets 2022: $7,532,0042022Assets 2023: $15,649,584Liabilities 2023: $8,101,193Net Assets 2023: $7,548,3912023Assets 2024: $15,630,830Liabilities 2024: $7,794,369Net Assets 2024: $7,836,4612024

Highlighted filing

2024

Assets$15,630,830
Liabilities$7,794,369
Net Assets$7,836,461

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,452,4542010Expenses 2011: $10,850,1292011Expenses 2012: $9,986,8802012Expenses 2013: $9,217,5172013Revenue 2014: $10,084,360Expenses 2014: $10,014,014Net Income 2014: $70,3462014Revenue 2015: $10,565,676Expenses 2015: $10,114,666Net Income 2015: $451,0102015Revenue 2016: $10,516,992Expenses 2016: $10,035,168Net Income 2016: $481,8242016Revenue 2017: $10,814,638Expenses 2017: $10,691,881Net Income 2017: $122,7572017Revenue 2018: $9,774,415Expenses 2018: $9,669,241Net Income 2018: $105,1742018Revenue 2019: $9,651,656Expenses 2019: $9,002,111Net Income 2019: $649,5452019Revenue 2020: $8,568,239Expenses 2020: $8,590,149Net Income 2020: -$21,9102020Revenue 2021: $8,533,229Expenses 2021: $8,383,868Net Income 2021: $149,3612021Revenue 2022: $8,525,359Expenses 2022: $8,436,116Net Income 2022: $89,2432022Revenue 2023: $9,043,976Expenses 2023: $9,027,589Net Income 2023: $16,3872023Revenue 2024: $9,574,535Expenses 2024: $9,286,465Net Income 2024: $288,0702024

Highlighted filing

2024

Revenue$9,574,535
Expenses$9,286,465
Net Income$288,070

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.6$7.79$7.84$9.57$9.29$0.29
2023Detailed filing. Detailed filing data is available for this year.$15.6$8.10$7.55$9.04$9.03$0.02
2022Detailed filing. Detailed filing data is available for this year.$14.5$7.01$7.53$8.53$8.44$0.09
2021Detailed filing. Detailed filing data is available for this year.$17.2$9.75$7.44$8.53$8.38$0.15
2020Detailed filing. Detailed filing data is available for this year.$15.9$8.56$7.29$8.57$8.59$0.02
2019Detailed filing. Detailed filing data is available for this year.$15.0$7.70$7.32$9.65$9.00$0.65
2018Detailed filing. Detailed filing data is available for this year.$15.5$8.86$6.67$9.77$9.67$0.11
2017Detailed filing. Detailed filing data is available for this year.$15.5$8.96$6.56$10.8$10.7$0.12
2016Detailed filing. Detailed filing data is available for this year.$17.3$10.8$6.44$10.5$10.0$0.48
2015Detailed filing. Detailed filing data is available for this year.$19.3$13.4$5.96$10.6$10.1$0.45
2014Detailed filing. Detailed filing data is available for this year.$18.7$13.2$5.51$10.1$10.0$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$13.6$5.43$9.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$13.5$4.96$9.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$14.3$4.76$10.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$12.9$4.24$10.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$10,199,576
Mission and Program Overview

Mission

Vocational training for the developmentally disabled persons.

Provides person-centered and inclusive services to children and adults with and without disabilities that includes securing employment, connecting to necessary supportive services, accessing housing and participating fully as contributing members of the community. Equity and inclusion are embedded in the core values of the organization where diverse backgrounds, cultures, perspectives and life experiences are embraced.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,871,804$7,504,344▼ $367,460
Cash and Non-Interest-Bearing Accounts$5,024,208$5,599,386▲ $575,178
Investments in Publicly Traded Securities-$897,546-
Prepaid Expenses and Deferred Charges$435,148$559,073▲ $123,925
Savings and Temporary Cash Investments-$301,893-
Accounts Receivable-$38,667-
Total Assets$15,649,584$15,630,830▼ $18,754
Other Assets Total$2,318,424$729,921▼ $1,588,503
Liabilities
Accounts Payable and Accrued Expenses$3,716,612$3,990,003▲ $273,391
Mortgage Notes Payable Secured by Investment Property$3,555,534$3,366,966▼ $188,568
Other Liabilities$738,370$419,693▼ $318,677
Deferred Revenue$90,677$17,707▼ $72,970
Total Liabilities$8,101,193$7,794,369▼ $306,824
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,511,689$7,798,468▲ $286,779
Net Assets With Donor Restrictions$36,702$37,993▲ $1,291
Total Net Assets Fund Balance$7,548,391$7,836,461▲ $288,070
Total Liabilities and Net Assets / Fund Balance$15,649,584$15,630,830▼ $18,754

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,651,872$7,989,866$14,641,738
Equipment$427,362$1,316,411$1,743,773
Land$395,129-$395,129
Leasehold Improvements$29,981$271,313$301,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather I LatorraCEOPT$247,921$75,717$323,638
Jill CretellaChief Admin.FT$150,858$36,762$187,620
Jill CretellaChief Admin. Officer-$147,402$40,218$187,620
Jason MirskyCFOPT$145,486$13,138$158,624
Maureen McmenameyAssistant CfPT$135,006$8,835$143,841
Danielle PhillipsChief Prog.PT$133,735$8,797$142,532
Denise CanadyChief CompliFT$128,245$8,871$137,116
Jade TurnerLead SupportFT$128,631$6,364$134,995
Louis EdwardsLead SupportFT$118,655$7,382$126,037

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ddn Consulting Services LLCStaffing-nurses2464 WHITNEY AVENUE, Hamden, CT 06518$786,239
Lotus BehavioralBehavioral2400 MAIN ST, Glastonbury, CT 06033$144,329
Guilmartin Dipiro & Sokolowski LLCAuditing505 MAIN STREET, Middletown, CT 06457$125,742
Pat Munger Construction Co INCConstruction750 E MAIN ST 1, Branford, CT 06405$112,878
Revenue and Support

Revenue Composition

Contributions and Grants
$249,865
Program Service Revenue
$8,996,490
Investment Income
$157,411
Other Revenue
$170,769
All Other Contributions
$41,850
Change in Net Assets
$288,070

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table358$36,092Auction Fair Market Value (FMV)
Total Noncash Contributions358$36,092-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,631,089
Other Expenses$3,655,376
Total Fundraising Expense$231,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,191,709$562,959$93,365$3,848,033
Occupancy$711,848$36,615$77$748,540
Depreciation Depletion$491,846$50,861$47,587$590,294
Current Officers, Directors, Trustees, and Key Employees$471,598$83,181$13,795$568,574
Other Employee Benefits$431,765$80,472$11,030$523,267
Payroll Taxes$381,162$41,247$9,096$431,505
All Other Expenses$253,957$56,338$22,684$332,979
Pension Plan Contributions$217,290$36,945$5,475$259,710
Insurance$148,726$93,654$837$243,217
Fees for Services Other$93,613$120,524-$214,137
Fees for Services Management$194,097--$194,097
Interest$166,993$1,758-$168,751
Other Expenses$64,984$67,424$838$133,246
Office Expenses$28,731$74,164$16,788$119,683
Total Functional Expenses$7,501,117$1,554,100$231,248$9,286,465
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$92,081
Fundraising Gross Income$92,081
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cocktail Party$215,260$61,008$61,008$0
Founders Awards$48,005$22,135$22,135$0
Total Events$300,096$92,081$92,081-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-CEOConsultingNo$13,127
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$230,615
Due to Grantors$162,784
Security Deposits$26,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Each member of the board receives a copy of the 990 for review before filing.

Form 990, Page 6, Part VI, Line 12C

Each member of the board completes a conflict of interest disclosure form annually.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews other 990s of comparable size organizations and salary surveys to determine the salary of the chief executive officer.

Form 990, Page 6, Part VI, Line 15B

The chief administrative officer and the chief executive officer determine the salaries of the finance director and key employees through a review of employee performance and salary surveys.

Form 990, Page 6, Part VI, Line 19

All governing documents are available upon request within a reasonable amount of time.

Filing and Contact Details

Filer

Filer Name
Marrakech Inc
EIN
23-7148533
Phone
2033892970
Address
6 LUNAR DRIVE, WOODBRIDGE, CT 06525

Signing Officer

Name
Heather I Latorra
Title
CEO
Phone
2033892970
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather I Latorra
Formed
1972
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
990

Preparer

Firm
Guilmartin Dipiro & Sokolowski LLC
Address
505 MAIN ST, MIDDLETOWN, CT 06457-2809
Preparer
Christopher B Conley
Phone
8603475689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provides person-centered and inclusive services to children and adults with and without disabilities that includes securing employment, connecting to necessary supportive services, accessing housing and participating fully as contributing members of the community. Equity and inclusion are embedded in the core values of the organization where diverse backgrounds, cultures, perspectives and life experiences are embraced.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code. The organziation has also been classified as an entity that is not a private foundation within the meaning of section 509(a) of the internal revenue code and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The organization's federal returns of organization exempt from income tax (form 990) for june 30, 2024, 2023 and 2022 are subject to examination by the irs, generally for three years after they were filed.

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