Civic Intelligence

Terrasi Learning Center Inc

990 • Fiscal year 2014 • EIN 26-1199993

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

6714 Winkler RoadFort Myers, FL 33919

(239) 245-8301

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

44th percentile

0.8%

Higher net margin than 44% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

94th percentile

$58,067

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 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

$43,383

Down $20,890 (-33%) from 2012

Net Assets

Down

$43,383

Down $20,890 (-33%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$420,079

No earlier filing loaded for comparison.

Expenses

Up

$416,600

Up $136,986 (+49%) from 2012

Net Income

$3,479

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.

$100K$50K$0Assets 2010: $36,287Net Assets 2010: $36,2872010Assets 2012: $64,273Liabilities 2012: $0Net Assets 2012: $64,2732012Assets 2014: $43,383Liabilities 2014: $0Net Assets 2014: $43,3832014Assets 2015: $52,687Liabilities 2015: $3,828Net Assets 2015: $48,8592015Assets 2017: $84,873Liabilities 2017: $0Net Assets 2017: $84,8732017Assets 2018: $13,746Liabilities 2018: $0Net Assets 2018: $13,7462018Assets 2019: $52,287Liabilities 2019: $39,800Net Assets 2019: $12,4872019Assets 2020: $26,798Liabilities 2020: $15,668Net Assets 2020: $11,1302020Assets 2021: $17,983Liabilities 2021: $0Net Assets 2021: $17,9832021Assets 2022: $17,935Liabilities 2022: $0Net Assets 2022: $17,9352022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2014

Assets$43,383
Liabilities$0
Net Assets$43,383

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $199,880Expenses 2010: $181,426Net Income 2010: $18,4542010Expenses 2012: $279,6142012Revenue 2014: $420,079Expenses 2014: $416,600Net Income 2014: $3,4792014Revenue 2015: $479,234Expenses 2015: $473,758Net Income 2015: $5,4762015Revenue 2017: $150Expenses 2017: $109,372Net Income 2017: -$109,2222017Revenue 2018: $79,674Expenses 2018: $150,801Net Income 2018: -$71,1272018Revenue 2019: $53,300Expenses 2019: $54,559Net Income 2019: -$1,2592019Revenue 2020: $20,000Expenses 2020: $21,357Net Income 2020: -$1,3572020Revenue 2021: $32,256Expenses 2021: $25,403Net Income 2021: $6,8532021Revenue 2022: $24,000Expenses 2022: $24,048Net Income 2022: -$482022Revenue 2023: $0Expenses 2023: $17,935Net Income 2023: -$17,9352023

Highlighted filing

2014

Revenue$420,079
Expenses$416,600
Net Income$3,479
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$427,742
Mission and Program Overview

Mission

Teaching autistic children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,486$34,078▼ $5,408
Other Notes and Loans Receivable, Net-$9,054-
Land, Buildings, and Equipment, Net$418$251▼ $167
Total Assets$39,904$43,383▲ $3,479
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$39,904$43,383▲ $3,479
Total Net Assets Fund Balance$39,904$43,383▲ $3,479
Total Liabilities and Net Assets / Fund Balance$39,904$43,383▲ $3,479

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$251$794$1,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracey L DemarestVice PresideFT$58,067$58,067

Board Members and Trustees

NameTitle
Renee TerrasiPresident/di
William GarbeyBoard Presid
Lowell SchoenfeldAdvisory COM
Mindee MooreAdvisory COM
Tyler PetersonAdvisory COM
Carolyn SiebersEducation Ad
Dawn BarnettFundraising
Robert TerrasiSecretary/ed
Clifford WoodhallTreasurer
Marie VitaleVP Curriculu
Revenue and Support

Revenue Composition

Contributions and Grants
$1,625
Program Service Revenue
$401,398
Investment Income
$0
Other Revenue
$17,056
Change in Net Assets
$3,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$332,094
Other Expenses$84,506
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$302,864--$302,864
Occupancy$62,755--$62,755
Payroll Taxes$29,230--$29,230
Office Expenses$6,830--$6,830
Insurance$2,955--$2,955
Conferences and Meetings$2,220--$2,220
Advertising$534--$534
Information Technology$400--$400
Fees for Services Other$386--$386
All Other Expenses$370--$370
Travel$313--$313
Other Expenses$312--$312
Depreciation Depletion$167--$167
Total Functional Expenses$416,600$0$0$416,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,719
Fundraising Direct Expenses$7,663
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ante Up for Aut$18,551$18,551$5,533$13,018
Total Events$18,551$18,551$5,533$13,018
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
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 2

Robert terrasi family relationship

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

No review was or will be conducted

Form 990, Page 6, Part VI, Line 19

The organizations records are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Terrasi Learning Center Inc
EIN
26-1199993
Phone
2392458301
Address
6714 WINKLER ROAD, FORT MYERS, FL 33919
Doing Business As
Peace by Piece Learning Center

Signing Officer

Name
Renee Terrasi
Title
Director
Phone
2392458301
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Renee Terrasi
Formed
2007
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
8
Employees
14
Volunteers
26

Preparer

Firm
ALEXANDER & HOOVER CPA'S PA
Address
6361 PRESIDENTIAL CT STE B, FORT MYERS, FL 33919-3585
Preparer
Michele M Hoover CPA
Phone
2394814114
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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/ExplanationTxt0ROBERT TERRASI FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS RECORDS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0416600
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt043383
IRS990/TotalProgramServiceExpensesAmt0416600
IRS990/TotalProgramServiceRevenueAmt0401398
IRS990/TotalReportableCompFromOrgAmt058067
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0401398
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0420079
IRS990/TotalVolunteersCnt026
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039904
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt043383
IRS990/TravelGrp/ProgramServicesAmt0313
IRS990/TravelGrp/TotalAmt0313
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015801 SADDLEWOOD LANE
IRS990/USAddress/CityNm0CAPE CORAL
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033991
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.PEACEBYPIECEINC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RENEE TERRASI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02392458301
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERRASI LEARNING CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0261199993
ReturnHeader/Filer/PhoneNum02392458301
ReturnHeader/Filer/USAddress/AddressLine1Txt06714 WINKLER ROAD
ReturnHeader/Filer/USAddress/CityNm0FORT MYERS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033919
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264212872
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER & HOOVER CPA'S PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06361 PRESIDENTIAL CT STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT MYERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0339193585
ReturnHeader/PreparerPersonGrp/PhoneNum02394814114
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELE M HOOVER CPA
ReturnHeader/ReturnTs02015-11-16T09:52:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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