Civic Intelligence

Collaborative Learning Project Inc DBA Tremont School

990 • Fiscal year 2019 • EIN 26-2352223

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 01, 2020

575 Virginia RoadConcord, MA 01742

(781) 235-4805

Siviq Scores

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

Liabilities / Assets

86th percentile

0.65x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.21x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

53rd percentile

4.5%

Higher net margin than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

89th percentile

42%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2019

Revenue Growth

47th percentile

2.9%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2019

Assets

Up

$479,764

Up $312,018 (+186%) from 2016

Net Assets

Up

$166,618

Up $181,779 (+1199%) from 2016

Liabilities

Up

$313,146

Up $130,239 (+71%) from 2016

Revenue

Up

$1,507,838

Up $125,743 (+9.1%) from 2016

Expenses

Down

$1,440,694

Down $73,480 (-4.9%) from 2016

Net Income

Up

$67,144

Up $199,223 (+151%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $197,553Liabilities 2012: $37,959Net Assets 2012: $159,5942012Assets 2013: $256,141Liabilities 2013: $44,304Net Assets 2013: $211,8372013Assets 2014: $316,952Liabilities 2014: $103,643Net Assets 2014: $213,3092014Assets 2015: $270,061Liabilities 2015: $153,143Net Assets 2015: $116,9182015Assets 2016: $167,746Liabilities 2016: $182,907Net Assets 2016: -$15,1612016Assets 2019: $479,764Liabilities 2019: $313,146Net Assets 2019: $166,6182019Assets 2021: $1,038,344Liabilities 2021: $762,598Net Assets 2021: $275,7462021Assets 2022: $1,388,410Liabilities 2022: $843,623Net Assets 2022: $544,7872022Assets 2025: $3,061,246Liabilities 2025: $2,233,714Net Assets 2025: $827,5322025

Highlighted filing

2019

Assets$479,764
Liabilities$313,146
Net Assets$166,618

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $323,5222012Expenses 2013: $592,8992013Revenue 2014: $971,082Expenses 2014: $969,610Net Income 2014: $1,4722014Revenue 2015: $1,208,700Expenses 2015: $1,305,091Net Income 2015: -$96,3912015Revenue 2016: $1,382,095Expenses 2016: $1,514,174Net Income 2016: -$132,0792016Revenue 2019: $1,507,838Expenses 2019: $1,440,694Net Income 2019: $67,1442019Revenue 2021: $1,515,354Expenses 2021: $1,365,585Net Income 2021: $149,7692021Revenue 2022: $2,037,805Expenses 2022: $1,768,764Net Income 2022: $269,0412022Revenue 2025: $2,558,781Expenses 2025: $2,248,227Net Income 2025: $310,5542025

Highlighted filing

2019

Revenue$1,507,838
Expenses$1,440,694
Net Income$67,144
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 1, 2020
Return Version
2018v3.1
Gross Receipts
$1,507,838
Mission and Program Overview

Mission

The tremont school is private co-educational school for a deliberately diverse group of students from grades 5 to 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$129,449$230,015▲ $100,566
Pledges and Grants Receivable$24,000$103,500▲ $79,500
Cash and Non-Interest-Bearing Accounts$202,693$83,166▼ $119,527
Prepaid Expenses and Deferred Charges$34,771$24,046▼ $10,725
Land, Buildings, and Equipment, Net$4,878$2,174▼ $2,704
Accounts Receivable$510$1,863▲ $1,353
Other Notes and Loans Receivable, Net-$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$396,301$479,764▲ $83,463
Other Assets Total-$35,000-
Liabilities
Other Liabilities$254,767$262,740▲ $7,973
Accounts Payable and Accrued Expenses$42,060$50,406▲ $8,346
Total Liabilities$296,827$313,146▲ $16,319
Net Assets / Fund Balance
Unrestricted Net Assets$58,789$139,768▲ $80,979
Temporarily Rstr Net Assets$40,685$26,850▼ $13,835
Total Net Assets Fund Balance$99,474$166,618▲ $67,144
Total Liabilities and Net Assets / Fund Balance$396,301$479,764▲ $83,463

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,051$25,239$27,290
Other Land Buildings$123$6,824$6,947
Other Assets Org$35,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Timothy LeePresident
Linda EchtVice President
Andrew FlagelBoard Trustee
Charles E CoombsBoard Trustee
Christopher F BrownBoard Trustee
Chuck ChaneyBoard Trustee
Michelle FournierBoard Trustee
Patty JamesBoard Trustee
William CatlinBoard Trustee
Amy KaserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$339,544
Program Service Revenue
$1,156,130
Investment Income
$1,396
Other Revenue
$10,768
All Other Contributions
$339,544
Change in Net Assets
$67,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$977,498
Other Expenses$463,196
Total Fundraising Expense$52,636
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$510,520$215,666$22,100$748,286
Occupancy$232,623$18,965$1,264$252,852
Current Officers, Directors, Trustees, and Key Employees-$100,961-$100,961
Payroll Taxes$39,335$26,005$2,210$67,550
Other Employee Benefits$48,592$9,409$2,700$60,701
All Other Expenses$15,584$13,215$6,168$34,967
Fees for Services Accounting-$25,933-$25,933
Fees for Services Other$12,420$6,588$67$19,075
Other Expenses$11,695-$225$11,920
Insurance$2,698$7,956$134$10,788
Information Technology$8,861$722$48$9,631
Advertising$8,982-$45$9,027
Conferences and Meetings$5,881$32-$5,913
Fees for Services Legal-$4,275-$4,275
Depreciation Depletion$3,533$19$289$3,841
Total Functional Expenses$958,312$429,746$52,636$1,440,694
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,768
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$262,740
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Line 11B: Form 990 Review Process

He board of trustees receive the completed form 990 and the related state filings to review and discuss with the tresurer. Once the board's questions are adequately addressed, the board will approve the form 990 and the related state filings, sign the returns, and return them to the treasurer who submits to the irs and the appropriate state.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflicts of interest is enforced. The board continualy monitors its members, employees and others for matters that might create a conflict.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The head of school compensation and benefits are set and approved by the board.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

No officer or board member receives compensation or benefits. Teachers and administrative salaries and benefits are reviewed and approved by the board.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Upon request, a convenient appointment time is scheduled at the school for a visit.

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

Available for review are governing documents, conflict of interest policy financial statements and tax returns are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Collaborative Learning Project Inc
EIN
26-2352223
Phone
7812354805
Address
575 VIRGINIA ROAD, CONCORD, MA 01742

Signing Officer

Name
Amy Kaser
Title
Treasurer
Signed
2020-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Kaser
Formed
2008
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
25

Preparer

Firm
Marshall Karp Pc CPA
Address
209 W CENTRAL ST STE 206, NATICK, MA 01760
Preparer
Marshall I Karp CPA
Phone
5086559090
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01264
IRS990/OccupancyGrp/ManagementAndGeneralAmt018965
IRS990/OccupancyGrp/ProgramServicesAmt0232623
IRS990/OccupancyGrp/TotalAmt0252852
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt035000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02700
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09409
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048592
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060701
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc2AFTERSCHOOL SERVICES
IRS990/OtherExpensesGrp/Desc3CONTRACT SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt017386
IRS990/OtherExpensesGrp/FundraisingAmt1225
IRS990/OtherExpensesGrp/ProgramServicesAmt044710
IRS990/OtherExpensesGrp/ProgramServicesAmt112878
IRS990/OtherExpensesGrp/ProgramServicesAmt211695
IRS990/OtherExpensesGrp/TotalAmt044710
IRS990/OtherExpensesGrp/TotalAmt117386
IRS990/OtherExpensesGrp/TotalAmt212878
IRS990/OtherExpensesGrp/TotalAmt311920
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0254767
IRS990/OtherLiabilitiesGrp/EOYAmt0262740
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt022100
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0215666
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0510520
IRS990/OtherSalariesAndWagesGrp/TotalAmt0748286
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02210
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026005
IRS990/PayrollTaxesGrp/ProgramServicesAmt039335
IRS990/PayrollTaxesGrp/TotalAmt067550
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt024000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0103500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034771
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024046
IRS990/PrincipalOfficerNm0AMY KASER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01156130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01156130
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0356581
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0349
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0441200
IRS990/PYOtherRevenueAmt06875
IRS990/PYProgramServiceRevenueAmt01217002
IRS990/PYRevenuesLessExpensesAmt0102798
IRS990/PYSalariesCompEmpBnftPaidAmt01036809
IRS990/PYTotalExpensesAmt01478009
IRS990/PYTotalRevenueAmt01580807
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt067144
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01156130
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0129449
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0230015
IRS990ScheduleA/SchoolInd0X
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/EquipmentGrp/BookValueAmt02051
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt035000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0123
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06824
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0262740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02174
IRS990ScheduleD/TotalBookValueOtherAssetsAmt035000
IRS990ScheduleD/TotalLiabilityAmt0262740
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HE BOARD OF TRUSTEES RECEIVE THE COMPLETED FORM 990 AND THE RELATED STATE FILINGS TO REVIEW AND DISCUSS WITH THE TRESURER. ONCE THE BOARD'S QUESTIONS ARE ADEQUATELY ADDRESSED, THE BOARD WILL APPROVE THE FORM 990 AND THE RELATED STATE FILINGS, SIGN THE RETURNS, AND RETURN THEM TO THE TREASURER WHO SUBMITS TO THE IRS AND THE APPROPRIATE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST IS ENFORCED. THE BOARD CONTINUALY MONITORS ITS MEMBERS, EMPLOYEES AND OTHERS FOR MATTERS THAT MIGHT CREATE A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE HEAD OF SCHOOL COMPENSATION AND BENEFITS ARE SET AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OFFICER OR BOARD MEMBER RECEIVES COMPENSATION OR BENEFITS. TEACHERS AND ADMINISTRATIVE SALARIES AND BENEFITS ARE REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, A CONVENIENT APPOINTMENT TIME IS SCHEDULED AT THE SCHOOL FOR A VISIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE FOR REVIEW ARE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

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