Civic Intelligence

Beverly Children'S Learning Center Inc

990 • Fiscal year 2011 • EIN 23-7267243

Jul 01, 2010 to Jun 30, 2011 • Filed on Mar 29, 2012

600 Cummings Center Suite 171X01915
Siviq Scores

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

Liabilities / Assets

53rd percentile

0.16x

Higher debt load relative to assets than 53% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

16th percentile

-8.3%

Faster asset growth than 16% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$650,901

Down $58,571 (-8.3%) from 2010

Net Assets

Down

$549,312

Down $9,279 (-1.7%) from 2010

Liabilities

Down

$101,589

Down $49,292 (-33%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,544,382

Down $57,232 (-3.6%) from 2010

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.

$6.0M$4.0M$2.0M$0Assets 2010: $709,472Liabilities 2010: $150,881Net Assets 2010: $558,5912010Assets 2011: $650,901Liabilities 2011: $101,589Net Assets 2011: $549,3122011Assets 2012: $654,162Liabilities 2012: $90,714Net Assets 2012: $563,4482012Assets 2013: $547,609Liabilities 2013: $98,155Net Assets 2013: $449,4542013Assets 2014: $668,232Liabilities 2014: $186,197Net Assets 2014: $482,0352014Assets 2015: $4,802,341Liabilities 2015: $3,328,594Net Assets 2015: $1,473,7472015Assets 2016: $4,692,538Liabilities 2016: $3,172,116Net Assets 2016: $1,520,4222016Assets 2017: $4,645,434Liabilities 2017: $3,000,104Net Assets 2017: $1,645,3302017Assets 2018: $4,804,068Liabilities 2018: $2,829,624Net Assets 2018: $1,974,4442018Assets 2019: $4,964,128Liabilities 2019: $2,812,699Net Assets 2019: $2,151,4292019Assets 2020: $5,226,189Liabilities 2020: $3,006,201Net Assets 2020: $2,219,9882020Assets 2021: $4,906,285Liabilities 2021: $2,878,975Net Assets 2021: $2,027,3102021Assets 2022: $5,014,757Liabilities 2022: $2,439,369Net Assets 2022: $2,575,3882022Assets 2023: $5,458,987Liabilities 2023: $2,305,949Net Assets 2023: $3,153,0382023Assets 2024: $5,685,802Liabilities 2024: $2,259,430Net Assets 2024: $3,426,3722024

Highlighted filing

2011

Assets$650,901
Liabilities$101,589
Net Assets$549,312

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,601,6142010Expenses 2011: $1,544,3822011Expenses 2012: $1,495,7352012Expenses 2013: $1,504,4442013Revenue 2014: $1,488,986Expenses 2014: $1,462,607Net Income 2014: $26,3792014Revenue 2015: $2,685,994Expenses 2015: $1,686,770Net Income 2015: $999,2242015Revenue 2016: $2,039,487Expenses 2016: $1,992,812Net Income 2016: $46,6752016Revenue 2017: $2,203,366Expenses 2017: $2,078,458Net Income 2017: $124,9082017Revenue 2018: $2,396,093Expenses 2018: $2,066,979Net Income 2018: $329,1142018Revenue 2019: $2,669,090Expenses 2019: $2,492,105Net Income 2019: $176,9852019Revenue 2020: $2,643,346Expenses 2020: $2,574,787Net Income 2020: $68,5592020Revenue 2021: $2,323,477Expenses 2021: $2,516,155Net Income 2021: -$192,6782021Revenue 2022: $3,222,200Expenses 2022: $2,671,509Net Income 2022: $550,6912022Revenue 2023: $3,589,703Expenses 2023: $3,015,336Net Income 2023: $574,3672023Revenue 2024: $3,591,236Expenses 2024: $3,325,152Net Income 2024: $266,0842024

Highlighted filing

2011

Revenue-
Expenses$1,544,382
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Mar 29, 2012
Return Version
2010v3.4
Gross Receipts
$1,535,103
Mission and Program Overview

Mission

The mission of the beverly children's learning center, inc (bclc) is to provide a nurturing educational experience in an inclusive, diverse and community-connected learning environment. Our caring approach and creative programs encourage the social-emotional development and potential of every child and strengthen the health and resilience of families. Offering continuity of education, care and nutrition programs from birth to early teen, bclc builds healthy, engaged and socially responsible children and families through affordable and accessible learning opportunities and family support.

Major Activities

Activity 2
Out of school time program to provide children with educational support, nutritional education, physical education, and enrichment activities, in a fun and stimulating environment. We provide transportation and nutritious meals. This year we served 82 children, 87% receiving financial assistance, and of those receiving financial assistance 25% were free care.
Activity 3
High quality infant and toddler learning program that is not only educational and nurturing for the children, but also provides guidance and support to young families, some of whom are teenagers. The program provides activities carefully planned to meet the needs of each child, age appropriate meals, and transportation. This year we served 27 children, 73% receiving financial assistance, and of those receiving financial assistance 50% were free care.
Filing and Contact Details

Filer

EIN
23-7267243
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IRS990ScheduleD/RevenueSubtotal01535103
IRS990ScheduleD/TotalAdjustments00
IRS990ScheduleD/TotalExpenses01544382
IRS990ScheduleD/TotalExpensesPerForm99001544382
IRS990ScheduleD/TotalOfBookValueLandBuildings0116763
IRS990ScheduleD/TotalRevenue01535103
IRS990ScheduleD/TotalRevenuePerForm99001535103
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01544382
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01535103
IRS990ScheduleE/ComplianceWithRevProc755001
IRS990ScheduleE/DiscriminateRaceAdmissPolicies00
IRS990ScheduleE/DiscriminateRaceAthleticProg00
IRS990ScheduleE/DiscriminateRaceEducPolicies00
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty00
IRS990ScheduleE/DiscriminateRaceOtherActy00
IRS990ScheduleE/DiscriminateRaceScholarships00
IRS990ScheduleE/DiscriminateRaceStudentsRights00
IRS990ScheduleE/DiscriminateRaceUseOfFclts00
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0NON-DISCRIMINATION POLICY IS IMPLEMENTED THROUGH ADVERTISEMENTS AND THE STATE CONTRACTING AGENCY.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1US DEPARTMENT OF HEALTH AND HUMAN SERVICES VIA MASSACHUSETTS DEPARTMENT OF EARLY EDUCATION AND CARE. US DEPARTMENT OF AGRICULTURE VIA MASSACHUSETTS DEPARTMENT OF EDUCATION.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 IS COMPLETED AND THEN GIVEN TO THE AUDIT COMMITTEE FOR REVIEW. IT IS SIGNED BY THE TREASURER WHEN APPROVED.
IRS990ScheduleO/GeneralExplanation/Explanation1CONFLICT OF INTEREST IS ADDRESSED SPECIFICALLY IN OUR BY-LAWS. THE COMMITTMENT TO SERVE THAT IS SIGNED WHEN A NEW MEMBER JOINS THE BOARD ADDRESSSES THE ISSUE OF CONFLICTS OF INTERESTS. DIRECTORS SIGN A DISCLOSURE OF POTENTIAL CONFLICT OF INTEREST AND/OR DUALITY STATEMENT ANNUALLY. ALL MINUTES OF MEETINGS ARE DOCUMENTED AND STATE WHEN A DIRECTOR ABSTAINED FROM VOTE OR DISCUSSION DUE TO A CONFLICT.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FINANCE COMMITTEE IS RESPONSIBLE FOR APPROVING ANY SALARY INCREASES FOR TOP MANAGEMENT THAT REPORTS TO THE BOARD IE: EXECUTIVE DIRECTOR AND FISCAL DIRECTOR. SALARIES OF COMPARABLE TOP MANAGEMENT LOCALLY IS USED AS A GUIDELINE.
IRS990ScheduleO/GeneralExplanation/Explanation3FORM 1023 IS AVAILABLE UPON REQUEST AND THE FORM 990 IS AVAILABLE UPON REQUEST AS WELL AS BEING ACCESSIBLE ON THE GUIDESTAR WEBSITE, WWW.GUIDESTAR.ORG.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE METHODS USED BY THE COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XI, LINE 2C
IRS990/ScheduleORequired01
IRS990/School01
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MA
IRS990/StatesWhereCopyOfReturnIsFiled0MA
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY07014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$2.26$3.43$3.59$3.33$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$2.31$3.15$3.59$3.02$0.57
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$2.44$2.58$3.22$2.67$0.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$2.88$2.03$2.32$2.52$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.23$3.01$2.22$2.64$2.57$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$2.81$2.15$2.67$2.49$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$2.83$1.97$2.40$2.07$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.65$3.00$1.65$2.20$2.08$0.12
2016Detailed filing. Detailed filing data is available for this year.$4.69$3.17$1.52$2.04$1.99$0.05
2015Detailed filing. Detailed filing data is available for this year.$4.80$3.33$1.47$2.69$1.69$1.00
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.19$0.48$1.49$1.46$0.03
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.10$0.45$1.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.09$0.56$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.10$0.55$1.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.15$0.56$1.60