Civic Intelligence

Collaborative Learning Project Inc DBA Tremont School

990 • Fiscal year 2021 • EIN 26-2352223

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 23, 2022

575 Virginia Road No 100Concord, MA 01742

(781) 235-4805

Siviq Scores

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

Liabilities / Assets

90th percentile

0.73x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.50x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

45th percentile

9.9%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

86th percentile

47%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Revenue Growth

32nd percentile

0.2%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Assets

Up

$1,038,344

Up $558,580 (+116%) from 2019

Net Assets

Up

$275,746

Up $109,128 (+65%) from 2019

Liabilities

Up

$762,598

Up $449,452 (+144%) from 2019

Revenue

Up

$1,515,354

Up $7,516 (+0.5%) from 2019

Expenses

Down

$1,365,585

Down $75,109 (-5.2%) from 2019

Net Income

Up

$149,769

Up $82,625 (+123%) from 2019

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

2021

Assets$1,038,344
Liabilities$762,598
Net Assets$275,746

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

2021

Revenue$1,515,354
Expenses$1,365,585
Net Income$149,769
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 23, 2022
Return Version
2020v4.2
Gross Receipts
$1,525,354
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.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$424,705$807,319▲ $382,614
Savings and Temporary Cash Investments$66,698$100,029▲ $33,331
Prepaid Expenses and Deferred Charges$30,585$24,242▼ $6,343
Land, Buildings, and Equipment, Net$6,237$3,479▼ $2,758
Accounts Receivable$14,611$683▼ $13,928
Pledges and Grants Receivable$83,333$200▼ $83,133
Total Assets$728,561$1,038,344▲ $309,783
Other Assets Total$102,392$102,392→ $0
Liabilities
Deferred Revenue$404,834$641,110▲ $236,276
Accounts Payable and Accrued Expenses$118,327$120,983▲ $2,656
Other Liabilities$79,423$505▼ $78,918
Total Liabilities$602,584$762,598▲ $160,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$42,644$270,446▲ $227,802
Net Assets With Donor Restrictions$83,333$5,300▼ $78,033
Total Net Assets Fund Balance$125,977$275,746▲ $149,769
Total Liabilities and Net Assets / Fund Balance$728,561$1,038,344▲ $309,783

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,479$37,725$41,204
Other Assets Org$102,392--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Behzad DayanimExecutive DirectorFT$33,378$13,625$47,003

Board Members and Trustees

NameTitle
Julie PurringtonAdvancement Chair
Timothy LeeChair
Linda EchtVice Chair
Charles E CombsBoard Trustee
Patty JamesBoard Trustee
Susan DillerBoard Trustee
William CatlinBoard Trustee
Amy KaserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$303,008
Program Service Revenue
$1,211,884
Investment Income
$200
Other Revenue
$262
All Other Contributions
$59,657
Change in Net Assets
$149,769

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,515,354
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$23,389
Total Revenue per Audited Statements
$1,538,743
Total Revenue per Form 990
$1,515,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$843,243
Other Expenses$522,342
Total Fundraising Expense$13,277
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$501,695$115,963$552$618,210
Occupancy$274,632$17,896$5,731$298,259
Current Officers, Directors, Trustees, and Key Employees$34,988$78,300$3,337$116,625
Fees for Services Accounting-$68,827-$68,827
Payroll Taxes$44,357$15,410$298$60,065
Other Employee Benefits$41,391$6,569-$47,960
Fees for Services Other$27,895$15,678$38$43,611
Office Expenses$17,370$19,256$473$37,099
Fees for Services Legal-$11,804-$11,804
Insurance-$9,770-$9,770
Advertising$8,022$125$42$8,189
Conferences and Meetings$4,509--$4,509
Depreciation Depletion$2,537$166$55$2,758
Other Expenses$9,960$2,149$2,534$2,149
Interest-$505-$505
Pension Plan Contributions$383--$383
Total Functional Expenses$989,240$363,068$13,277$1,365,585

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,388,974
Expenses per Audited Statements$1,365,585
Total Expenses per Form 990$1,365,585
Expenses Not Reported on Form 990$23,389
Expenses Not Reported on Financial Statements$0
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
Conditional Grant Advance$505
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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 11B

The board of trustees receive the completed form 990 and the related state filings to review and discuss with the treasurer. 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, Section B, Line 12C

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

Form 990, Part VI, Section B, Line 15

The head of school compensation and benefits are set and approved by the board. No officer or board member receives compensation or benefits. Teachers administrative salaries and benefits are reviewed and approved by the board.

Form 990, Part VI, Section C, Line 18

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

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Collaborative Learning Projectinc
EIN
26-2352223
Phone
7812354805
Address
575 VIRGINIA ROAD NO 100, CONCORD, MA 01742
Doing Business As
Tremont School

Signing Officer

Name
Amy Kaser
Title
Treasurer
Phone
7812354805
Signed
2022-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Kaser
Formed
2008
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
23
Volunteers
16

Preparer

Firm
Smith Sullivan & Brown Pc
Address
80 FLANDERS ROAD - SUITE 200, WESTBOROUGH, MA 01581
Preparer
Sandra M Brown CPA
Phone
5088717178
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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/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0262
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0262
IRS990/OtherRevenueTotalAmt0262
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0552
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0115963
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0501695
IRS990/OtherSalariesAndWagesGrp/TotalAmt0618210
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0298
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015410
IRS990/PayrollTaxesGrp/ProgramServicesAmt044357
IRS990/PayrollTaxesGrp/TotalAmt060065
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0383
IRS990/PensionPlanContributionsGrp/TotalAmt0383
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt083333
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0200
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030585
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024242
IRS990/PrincipalOfficerNm0AMY KASER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND REGISTRATI
IRS990/ProgramServiceRevenueGrp/Desc1EXTENDED DAYCARE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01208996
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12888
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01208996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12888
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0306597
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1771
IRS990/PYOtherExpensesAmt0505867
IRS990/PYOtherRevenueAmt0448
IRS990/PYProgramServiceRevenueAmt01166491
IRS990/PYRevenuesLessExpensesAmt0-40641
IRS990/PYSalariesCompEmpBnftPaidAmt01006539
IRS990/PYTotalExpensesAmt01512406
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01471765
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0149769
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01211884
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066698
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100029
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/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt023389
IRS990ScheduleD/DonatedServicesUseFcltsAmt023389
IRS990ScheduleD/EquipmentGrp/BookValueAmt03479
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037725
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041204
IRS990ScheduleD/ExpensesNotReportedAmt023389
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01365585
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0102392
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONDITIONAL GRANT ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt023389
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01515354
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03479
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0102392
IRS990ScheduleD/TotalExpensesPerForm990Amt01365585
IRS990ScheduleD/TotalLiabilityAmt0505
IRS990ScheduleD/TotalRevenuePerForm990Amt01515354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01538743
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01388974
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES RECEIVE THE COMPLETED FORM 990 AND THE RELATED STATE FILINGS TO REVIEW AND DISCUSS WITH THE TREASURER. 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 CONTINUALLY MONITORS ITS MEMBERS, EMPLOYEES AND OTHERS FOR MATTERS THAT MIGHT CREATE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE HEAD OF SCHOOL COMPENSATION AND BENEFITS ARE SET AND APPROVED BY THE BOARD. NO OFFICER OR BOARD MEMBER RECEIVES COMPENSATION OR BENEFITS. TEACHERS ADMINISTRATIVE SALARIES AND BENEFITS ARE REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE FOR REVIEW ARE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, A CONVENIENT APPOINTMENT TIME IS SCHEDULED AT THE SCHOOL FOR A VISIT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0728561
IRS990/TotalAssetsEOYAmt01038344
IRS990/TotalAssetsGrp/BOYAmt0728561
IRS990/TotalAssetsGrp/EOYAmt01038344
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0303008
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013277
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0363068
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0989240
IRS990/TotalFunctionalExpensesGrp/TotalAmt01365585
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0602584
IRS990/TotalLiabilitiesEOYAmt0762598
IRS990/TotalLiabilitiesGrp/BOYAmt0602584
IRS990/TotalLiabilitiesGrp/EOYAmt0762598

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