Civic Intelligence

The Center for Better Schools

990 • Fiscal year 2016 • EIN 27-1565143

Jan 01, 2016 to Dec 31, 2016 • Filed on May 22, 2017

11A Bridge StreetNewport, RI 02840

(401) 371-0005

Siviq Scores

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

Liabilities / Assets

57th percentile

0.24x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

0.15x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

89th percentile

39%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$308,872

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

98th percentile

167%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

146%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,485,414

Up $2,178,132 (+167%) from 2015

Net Assets

Up

$2,637,629

Up $2,220,610 (+532%) from 2015

Liabilities

Down

$847,785

Down $42,478 (-4.8%) from 2015

Revenue

Up

$5,600,015

Up $3,319,091 (+146%) from 2015

Expenses

Up

$3,397,548

Up $600,693 (+21%) from 2015

Net Income

Up

$2,202,467

Up $2,718,398 (+527%) from 2015

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$0Assets 2012: $261,375Liabilities 2012: $83,001Net Assets 2012: $178,3742012Assets 2013: $892,505Liabilities 2013: $274,600Net Assets 2013: $617,9052013Assets 2014: $1,445,024Liabilities 2014: $733,690Net Assets 2014: $711,3342014Assets 2015: $1,307,282Liabilities 2015: $890,263Net Assets 2015: $417,0192015Assets 2016: $3,485,414Liabilities 2016: $847,785Net Assets 2016: $2,637,6292016Assets 2017: $1,215,890Liabilities 2017: $596,661Net Assets 2017: $619,2292017Assets 2018: $1,213,854Liabilities 2018: $309,577Net Assets 2018: $904,2772018Assets 2019: $785,895Liabilities 2019: $11,025Net Assets 2019: $774,8702019Assets 2020: $511,347Liabilities 2020: $30,300Net Assets 2020: $481,0472020Assets 2021: $322,726Liabilities 2021: $448Net Assets 2021: $322,2782021Assets 2022: $302,930Liabilities 2022: $1,436Net Assets 2022: $301,4942022

Highlighted filing

2016

Assets$3,485,414
Liabilities$847,785
Net Assets$2,637,629

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $1,139,6152012Revenue 2013: $2,052,476Expenses 2013: $1,612,945Net Income 2013: $439,5312013Revenue 2014: $2,286,632Expenses 2014: $2,193,203Net Income 2014: $93,4292014Revenue 2015: $2,280,924Expenses 2015: $2,796,855Net Income 2015: -$515,9312015Revenue 2016: $5,600,015Expenses 2016: $3,397,548Net Income 2016: $2,202,4672016Revenue 2017: $2,138,743Expenses 2017: $3,919,742Net Income 2017: -$1,780,9992017Revenue 2018: $2,201,985Expenses 2018: $1,916,937Net Income 2018: $285,0482018Revenue 2019: $413,915Expenses 2019: $542,923Net Income 2019: -$129,0082019Revenue 2020: $183,183Expenses 2020: $477,010Net Income 2020: -$293,8272020Revenue 2021: $252,904Expenses 2021: $411,673Net Income 2021: -$158,7692021Revenue 2022: $220,861Expenses 2022: $241,645Net Income 2022: -$20,7842022

Highlighted filing

2016

Revenue$5,600,015
Expenses$3,397,548
Net Income$2,202,467
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 22, 2017
Return Version
2016v3.0
Gross Receipts
$5,602,019
Mission and Program Overview

Mission

Design, development, and delivery of integrated educational programs focused on experienced, high performing K-12 classroom teachers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$145,786$2,001,386▲ $1,855,600
Savings and Temporary Cash Investments$368,536$1,041,704▲ $673,168
Accounts Receivable$318,186$266,502▼ $51,684
Cash and Non-Interest-Bearing Accounts$454,681$137,226▼ $317,455
Prepaid Expenses and Deferred Charges$2,878$27,949▲ $25,071
Inventories for Sale or Use$9,631$2,697▼ $6,934
Land, Buildings, and Equipment, Net$4,584$2,249▼ $2,335
Total Assets$1,307,282$3,485,414▲ $2,178,132
Other Assets Total$3,000$5,701▲ $2,701
Liabilities
Deferred Revenue$687,745$486,630▼ $201,115
Accounts Payable and Accrued Expenses$178,532$311,230▲ $132,698
Other Liabilities$23,986$49,925▲ $25,939
Total Liabilities$890,263$847,785▼ $42,478
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$2,001,386-
Unrestricted Net Assets$417,019$636,243▲ $219,224
Total Net Assets Fund Balance$417,019$2,637,629▲ $2,220,610
Total Liabilities and Net Assets / Fund Balance$1,307,282$3,485,414▲ $2,178,132

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,249$16,595$18,844
Other Land Buildings-$14,309$14,309
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony KlemmerPresidentFT$278,520$30,352$308,872
Deborah LevitzkyKey EmployeeFT$214,301$25,547$239,848
Jason GriffithsKey EmployeeFT$176,605$15,990$192,595

Board Members and Trustees

NameTitle
Jeff WetzlerBoard member
Jennifer HolleranBoard Member
Mark BeaudouinBoard Member
Robert WalkingshawBoard Member
Tracy EppBoard member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,281,402
Program Service Revenue
$1,318,681
Investment Income
$168
Other Revenue
$-236
All Other Contributions
$4,281,402
Change in Net Assets
$2,202,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,741,202
Salaries, Compensation, and Employee Benefits$1,656,346
Total Fundraising Expense$375,401
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$982,906$33,269$20,424$1,036,599
Other Salaries and Wages$651,157$62,137$64,411$777,705
Current Officers, Directors, Trustees, and Key Employees$351,012$94,795$223,619$669,426
Fees for Services Other$224,286$5,639$21,627$251,552
Occupancy$77,643$51,101-$128,744
Payroll Taxes$69,032$10,810$19,840$99,682
Other Employee Benefits$57,206$8,958$16,441$82,605
Other Expenses$49,698$7,220$3$56,918
Conferences and Meetings$26,624$6,730$2,500$35,854
Information Technology$18,118$16,035$174$34,327
Advertising$22,525$4,552-$27,077
Pension Plan Contributions$18,648$2,920$5,360$26,928
Insurance-$21,996-$21,996
Fees for Services Accounting-$8,548-$8,548
Office Expenses$4,556$3,752-$8,308
All Other Expenses$5,700$1,768-$7,468
Royalties$3,323$112-$3,435
Depreciation Depletion$1,436$899-$2,335
Total Functional Expenses$2,671,108$351,039$375,401$3,397,548
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
403b match payable$26,928
Payroll Liabilities$22,997
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 governing body review Part VI line 11

The Form 990 is reviewed by the President of the Board prior to submission.

Conflict of interest policy compliance Part VI line 12C

Periodic reviews are conducted to review conflicts of interest.

CEO executive director top management comp Part VI line 15A

The Presidents compensation is reviewed by the Board and the deliberation includes review of comparability data. The process is contemporaneously documented.

Other officer or key employee compensation Part VI line 15B

Compensation of key employees is reviewed by the Board.

Governing documents etc available to public Part VI line 19

The Organizations Form 990 is made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Center for Better Schools
EIN
27-1565143
Address
11A Bridge Street, Newport, RI 02840
Doing Business As
National Academy of Advanced T

Signing Officer

Name
Anthony Klemmer
Title
President
Phone
4013714128
Signed
2017-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Klemmer
Formed
2009
Legal Domicile
Ri
Voting Board Members
6
Independent Board Members
5
Employees
17

Preparer

Firm
Katharine H Leary CPA Inc
Address
73 Simmons Rd PO Box 263, Little Compton, RI 02837
Preparer
Katharine H Leary
Phone
4016352706
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064411
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062137
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0651157
IRS990/OtherSalariesAndWagesGrp/TotalAmt0777705
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt019840
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010810
IRS990/PayrollTaxesGrp/ProgramServicesAmt069032
IRS990/PayrollTaxesGrp/TotalAmt099682
IRS990/PensionPlanContributionsGrp/FundraisingAmt05360
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02920
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018648
IRS990/PensionPlanContributionsGrp/TotalAmt026928
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0145786
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02001386
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02878
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027949
IRS990/PrincipalOfficerNm0Anthony Klemmer
IRS990/PriorPeriodAdjustmentsAmt018143
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Program Service Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01318681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01318681
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0866100
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0147
IRS990/PYOtherExpensesAmt01425002
IRS990/PYOtherRevenueAmt0945
IRS990/PYProgramServiceRevenueAmt01413732
IRS990/PYRevenuesLessExpensesAmt0-515931
IRS990/PYSalariesCompEmpBnftPaidAmt01371853
IRS990/PYTotalExpensesAmt02796855
IRS990/PYTotalRevenueAmt02280924
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02202467
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01318681
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt0112
IRS990/RoyaltiesGrp/ProgramServicesAmt03323
IRS990/RoyaltiesGrp/TotalAmt03435
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0368536
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01041704
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/BookValueAmt02249
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016595
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018844
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014309
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1403b match payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02249
IRS990ScheduleD/TotalLiabilityAmt049925
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/ExplanationTxt0The organizations non-discriminatory policy is posted on its website, printed on all print and digital marketing materials, and on the Teacher Application Form.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0278520
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1214301
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2176605
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07950
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16429
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt23750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022402
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt119118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt212240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Anthony Klemmer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Deborah Levitzky
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Jason Griffiths
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Key Employee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Key Employee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0308872
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1239848
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2192595
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by the President of the Board prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Periodic reviews are conducted to review conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Presidents compensation is reviewed by the Board and the deliberation includes review of comparability data. The process is contemporaneously documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of key employees is reviewed by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organizations Form 990 is made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02001386
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01307282
IRS990/TotalAssetsEOYAmt03485414

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