Civic Intelligence

The New Life Child Development Center Inc.

990 • Fiscal year 2014 • EIN 23-7165024

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 11, 2014

295 Woodbine Street11237

(718) 821-3432

Siviq Scores

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

Liabilities / Assets

75th percentile

0.53x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.23x

Higher debt load relative to revenue than 55% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

33rd percentile

-1.2%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

28th percentile

$71,500

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

15th percentile

-5.5%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$4,034,886

Down $234,794 (-5.5%) from 2013

Net Assets

Down

$1,903,033

Down $108,399 (-5.4%) from 2013

Liabilities

Down

$2,131,853

Down $126,395 (-5.6%) from 2013

Revenue

$9,344,118

No earlier filing loaded for comparison.

Expenses

Up

$9,452,517

Up $1,860,357 (+25%) from 2013

Net Income

-$108,399

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $4,269,680Liabilities 2013: $2,258,248Net Assets 2013: $2,011,4322013Assets 2014: $4,034,886Liabilities 2014: $2,131,853Net Assets 2014: $1,903,0332014Assets 2016: $3,080,483Liabilities 2016: $1,513,420Net Assets 2016: $1,567,0632016Assets 2017: $2,909,307Liabilities 2017: $1,733,586Net Assets 2017: $1,175,7212017Assets 2018: $2,826,908Liabilities 2018: $1,316,998Net Assets 2018: $1,509,9102018Assets 2019: $2,420,886Liabilities 2019: $1,136,454Net Assets 2019: $1,284,4322019Assets 2020: $2,414,782Liabilities 2020: $1,244,188Net Assets 2020: $1,170,5942020Assets 2021: $2,502,824Liabilities 2021: $1,287,008Net Assets 2021: $1,215,8162021Assets 2022: $2,527,126Liabilities 2022: $1,694,470Net Assets 2022: $832,6562022Assets 2023: $2,589,432Liabilities 2023: $1,966,968Net Assets 2023: $622,4642023Assets 2024: $6,144,069Liabilities 2024: $5,478,142Net Assets 2024: $665,9272024

Highlighted filing

2014

Assets$4,034,886
Liabilities$2,131,853
Net Assets$1,903,033

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $7,592,1602013Revenue 2014: $9,344,118Expenses 2014: $9,452,517Net Income 2014: -$108,3992014Revenue 2016: $10,027,064Expenses 2016: $10,331,387Net Income 2016: -$304,3232016Revenue 2017: $9,884,203Expenses 2017: $10,275,545Net Income 2017: -$391,3422017Revenue 2018: $10,320,409Expenses 2018: $10,435,648Net Income 2018: -$115,2392018Revenue 2019: $10,284,001Expenses 2019: $10,509,479Net Income 2019: -$225,4782019Revenue 2020: $10,325,647Expenses 2020: $10,439,485Net Income 2020: -$113,8382020Revenue 2021: $9,022,777Expenses 2021: $8,977,555Net Income 2021: $45,2222021Revenue 2022: $9,590,503Expenses 2022: $9,973,663Net Income 2022: -$383,1602022Revenue 2023: $10,583,661Expenses 2023: $10,793,853Net Income 2023: -$210,1922023Revenue 2024: $11,210,059Expenses 2024: $11,166,596Net Income 2024: $43,4632024

Highlighted filing

2014

Revenue$9,344,118
Expenses$9,452,517
Net Income-$108,399
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 11, 2014
Return Version
2013v3.1
Gross Receipts
$9,344,118
Mission and Program Overview

Mission

To provide affordable child care services to children in the new york metropolitan area.

Provides comprehensive day care services to the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,305,006$2,174,877▼ $130,129
Cash and Non-Interest-Bearing Accounts$1,745,009$1,678,701▼ $66,308
Pledges and Grants Receivable$188,105$115,013▼ $73,092
Prepaid Expenses and Deferred Charges$5,603$40,338▲ $34,735
Total Assets$4,269,680$4,034,886▼ $234,794
Other Assets Total$25,957$25,957→ $0
Liabilities
Other Liabilities$1,603,415$1,558,044▼ $45,371
Accounts Payable and Accrued Expenses$535,407$502,419▼ $32,988
Deferred Revenue$119,426$71,390▼ $48,036
Total Liabilities$2,258,248$2,131,853▼ $126,395
Net Assets / Fund Balance
Unrestricted Net Assets$2,011,432$1,903,033▼ $108,399
Total Net Assets Fund Balance$2,011,432$1,903,033▼ $108,399
Total Liabilities and Net Assets / Fund Balance$4,269,680$4,034,886▼ $234,794

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$729,183$2,540,587$3,269,770
Leasehold Improvements$1,394,413$231,963$1,626,376
Equipment$36,281$127,174$163,455
Land$15,000-$15,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Virginia MaciasAsst DirectorFT$71,500$71,500

Board Members and Trustees

NameTitle
Carol KruegerChairperson
Laura DelgadoV Chair
Ana MendezExec Director
Beety GarcesMember
Carmen LopezSecretary
Jazmin VeraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,240,843
Program Service Revenue
$92,402
Investment Income
$0
Other Revenue
$10,873
All Other Contributions
$5,820
Change in Net Assets
$-108,399

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,344,118
Revenue Not Reported on Form 990
$1,595,173
Total Revenue per Audited Statements
$10,939,291
Total Revenue per Form 990
$9,344,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,038,496
Other Expenses$4,414,021
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,674,694$229,589-$3,904,283
Occupancy$1,128,146$77,912-$1,206,058
Other Employee Benefits$758,566$3,124-$761,690
Other Expenses$755,151$17,728-$755,151
Payroll Taxes$281,114$19,909-$301,023
Depreciation Depletion-$130,129-$130,129
Insurance$102,625$3,460-$106,085
Fees for Services Other$89,515$12,852-$102,367
Office Expenses$61,747$12,498-$74,245
Current Officers, Directors, Trustees, and Key Employees-$71,500-$71,500
All Other Expenses$52,158--$52,158
Fees for Services Accounting$35,000$5,250-$40,250
Information Technology$10,315$3,692-$14,007
Conferences and Meetings$11,649$613-$12,262
Travel$3,279$1,340-$4,619
Total Functional Expenses$8,862,921$589,596$0$9,452,517

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,047,690
Expenses per Audited Statements$9,452,517
Total Expenses per Form 990$9,452,517
Expenses Not Reported on Form 990$1,595,173
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Asc$794,516
Federal income taxes$763,528
Deferred Rent Payable-
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 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
No
Management duties delegated
No

Governance Explanations

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

Form is reviewed by the board. At least 10 days is given for feedback before signing and mailing

Form 990, Part VI, Section B, Line 15

Compensation is determined by the board using comparable and contemparaneous informationin the decision making process

Form 990, Part VI, Section B, Line 12

Directors and officers are issued a copy of the current coi policy upon appointment. Annual declaration are summitted to confirmed if or any conflicts

Form 990, Part VI, Section C, Line 19

Governing document , coi policy and financial statements are availablr upon request to any board member

Filing and Contact Details

Filer

EIN
23-7165024
Phone
7188213432

Signing Officer

Name
Ava Mendes
Title
CEO
Signed
2014-12-11
Discuss with paid preparer
No

Organization Details

Principal Officer
Carol Krueger
Formed
1972
Voting Board Members
6
Independent Board Members
6
Employees
128

Preparer

Preparer
John W Davis CPA
Phone
9082753382
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 5,530,071, Grants and allocations 5,530,071, Revenue 0 HEADSTART

Form 990, Part III, Line 4D

Program Service Expenses 964,216, Grants and allocations 964,216, Revenue 0 UNIVERSAL PRE-K

Form 990, Part III, Line 4D

Program Service Expenses 269,438, Grants and allocations 269,438, Revenue 0 FCC NETWORK

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH PROGRAM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0136813
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0136813
IRS990/ProgSrvcAccomActy3Grp/Desc0FOOD PROGRAM
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0832020
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0814727
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07144842
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02887566
IRS990/PYOtherRevenueAmt011164
IRS990/PYProgramServiceRevenueAmt0379887
IRS990/PYRevenuesLessExpensesAmt0-56267
IRS990/PYSalariesCompEmpBnftPaidAmt04704594
IRS990/PYTotalExpensesAmt07592160
IRS990/PYTotalRevenueAmt07535893
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-108399
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09257160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07144842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05954212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06093185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05879033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt034328432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt010873
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07674
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt026272
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt020795
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt026466
IRS990ScheduleA/OtherIncome170Grp/TotalAmt092080
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99730
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99710
IRS990ScheduleA/PublicSupportTotal170Amt034328432
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09257160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07144842
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05954212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06093185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05879033
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt034328432
IRS990ScheduleA/TotalSupportAmt034420524
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0729183
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02540587
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03269770
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01595173
IRS990ScheduleD/DonatedServicesUseFcltsAmt01595173
IRS990ScheduleD/EquipmentGrp/BookValueAmt036281
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0127174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0163455
IRS990ScheduleD/ExpensesNotReportedAmt01595173
IRS990ScheduleD/ExpensesSubtotalAmt09452517
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt015000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01394413
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0231963
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01626376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0763528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1794516
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO ASC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED RENT PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt01595173
IRS990ScheduleD/RevenueSubtotalAmt09344118
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02174877
IRS990ScheduleD/TotalExpensesPerForm990Amt09452517
IRS990ScheduleD/TotalLiabilityAmt01558044
IRS990ScheduleD/TotalRevenuePerForm990Amt09344118
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010939291
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011047690
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 5,530,071, Grants and allocations 5,530,071, Revenue 0 HEADSTART
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 964,216, Grants and allocations 964,216, Revenue 0 UNIVERSAL PRE-K
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 269,438, Grants and allocations 269,438, Revenue 0 FCC NETWORK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM IS REVIEWED BY THE BOARD. AT LEAST 10 DAYS IS GIVEN FOR FEEDBACK BEFORE SIGNING AND MAILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS DETERMINED BY THE BOARD USING COMPARABLE AND CONTEMPARANEOUS INFORMATIONIN THE DECISION MAKING PROCESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DIRECTORS AND OFFICERS ARE ISSUED A COPY OF THE CURRENT COI POLICY UPON APPOINTMENT. ANNUAL DECLARATION ARE SUMMITTED TO CONFIRMED IF OR ANY CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENT , COI POLICY AND FINANCIAL STATEMENTS ARE AVAILABLR UPON REQUEST TO ANY BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04269680
IRS990/TotalAssetsEOYAmt04034886
IRS990/TotalAssetsGrp/BOYAmt04269680
IRS990/TotalAssetsGrp/EOYAmt04034886
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09240843
IRS990/TotalEmployeeCnt0128
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0589596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08862921
IRS990/TotalFunctionalExpensesGrp/TotalAmt09452517
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02258248
IRS990/TotalLiabilitiesEOYAmt02131853

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