Civic Intelligence

The Center for Better Schools

990 • Fiscal year 2017 • EIN 27-1565143

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

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

80th percentile

0.49x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.28x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

3rd percentile

-83%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$324,384

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-65%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-62%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,215,890

Down $91,392 (-7.0%) from 2015

Net Assets

Up

$619,229

Up $202,210 (+48%) from 2015

Liabilities

Down

$596,661

Down $293,602 (-33%) from 2015

Revenue

Down

$2,138,743

Down $142,181 (-6.2%) from 2015

Expenses

Up

$3,919,742

Up $1,122,887 (+40%) from 2015

Net Income

Down

-$1,780,999

Down $1,265,068 (-245%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$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 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

2017

Assets$1,215,890
Liabilities$596,661
Net Assets$619,229

Operations Trend

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

$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 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

2017

Revenue$2,138,743
Expenses$3,919,742
Net Income-$1,780,999
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$2,138,743
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
Savings and Temporary Cash Investments$1,041,704$591,000▼ $450,704
Cash and Non-Interest-Bearing Accounts$137,225$327,690▲ $190,465
Pledges and Grants Receivable$1,763,986$145,892▼ $1,618,094
Accounts Receivable$266,502$94,963▼ $171,539
Prepaid Expenses and Deferred Charges$27,949$45,395▲ $17,446
Inventories for Sale or Use$2,697--
Land, Buildings, and Equipment, Net$2,249$1,350▼ $899
Total Assets$3,248,013$1,215,890▼ $2,032,123
Other Assets Total$5,701$9,600▲ $3,899
Liabilities
Deferred Revenue$486,630$406,900▼ $79,730
Accounts Payable and Accrued Expenses$361,155$189,556▼ $171,599
Other Liabilities-$205-
Total Liabilities$847,785$596,661▼ $251,124
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,885,697$442,310▼ $2,443,387
Unrestricted Net Assets$-485,469$176,919▲ $662,388
Total Net Assets Fund Balance$2,400,228$619,229▼ $1,780,999
Total Liabilities and Net Assets / Fund Balance$3,248,013$1,215,890▼ $2,032,123

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,350$17,494$18,844
Other Land Buildings-$14,309$14,309
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony KlemmerPresidentFT$293,083$31,301$324,384
Deborah LevitzkyKey EmployeeFT$224,167$24,131$248,298
Jason GriffithsKey EmployeeFT$198,483$18,449$216,932
Juan FernandezKey EmployeeFT$154,375$19,601$173,976
Cari WinterichHighest Compensated EmployeeFT$130,363$8,009$138,372

Board Members and Trustees

NameTitle
Jennifer HolleranBoard member
Mark BeaudouinBoard member
Richard NyankoriBoard member
Robert WalkingshawBoard member
Tracy EppBoard member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,160,390
Program Service Revenue
$975,430
Investment Income
$306
Other Revenue
$2,617
All Other Contributions
$1,160,390
Change in Net Assets
$-1,780,999
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,069,985
Salaries, Compensation, and Employee Benefits$1,849,757
Total Fundraising Expense$432,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$622,840$120,099$220,652$963,591
Other Salaries and Wages$520,341$63,157$149,396$732,894
Fees for Services Other$267,952$6,000$8,250$282,202
Other Expenses$227,133$16,101$2,221$245,455
Office Expenses$180,349$59,719$87$240,155
Payroll Taxes$73,939$11,734$23,839$109,512
Occupancy$92,187$4,751$10,452$107,390
Travel-$67,330$7,584$74,914
Information Technology$20,297$22,720$21$43,038
Other Employee Benefits$21,242$1,961$5,648$28,851
Fees for Services Accounting-$27,900-$27,900
Advertising$23,949$1,055-$25,004
Conferences and Meetings$10,052$4,528$1,410$15,990
Pension Plan Contributions$10,529$1,246$3,134$14,909
Royalties$13,702$4-$13,706
All Other Expenses$1,209$10,324-$11,533
Insurance$7,515$3,041-$10,556
Fees for Services Legal-$4,257-$4,257
Depreciation Depletion-$899-$899
Total Functional Expenses$3,056,651$430,397$432,694$3,919,742
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
Payroll tax liability$205
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
2018-11-12
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
20

Preparer

Firm
Katharine H Leary CPA Inc
Address
PO Box 263, Little Compton, RI 02837
Preparer
Katharine H Leary
Phone
4016352706
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03571
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116101
IRS990/OtherExpensesGrp/ProgramServicesAmt094889
IRS990/OtherExpensesGrp/ProgramServicesAmt1868526
IRS990/OtherExpensesGrp/ProgramServicesAmt2227133
IRS990/OtherExpensesGrp/TotalAmt098460
IRS990/OtherExpensesGrp/TotalAmt1868526
IRS990/OtherExpensesGrp/TotalAmt2245455
IRS990/OtherLiabilitiesGrp/EOYAmt0205
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Copyright and Product
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02617
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02617
IRS990/OtherRevenueTotalAmt02617
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0149396
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt063157
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0520341
IRS990/OtherSalariesAndWagesGrp/TotalAmt0732894
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt023839
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011734
IRS990/PayrollTaxesGrp/ProgramServicesAmt073939
IRS990/PayrollTaxesGrp/TotalAmt0109512
IRS990/PensionPlanContributionsGrp/FundraisingAmt03134
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01246
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010529
IRS990/PensionPlanContributionsGrp/TotalAmt014909
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01763986
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0145892
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027949
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045395
IRS990/PrincipalOfficerNm0Anthony Klemmer
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Program Service Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0975430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0975430
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04044002
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0168
IRS990/PYOtherExpensesAmt01739180
IRS990/PYOtherRevenueAmt01768
IRS990/PYProgramServiceRevenueAmt01318681
IRS990/PYRevenuesLessExpensesAmt01965064
IRS990/PYSalariesCompEmpBnftPaidAmt01660375
IRS990/PYTotalExpensesAmt03399555
IRS990/PYTotalRevenueAmt05364619
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1780999
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0978047
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt04
IRS990/RoyaltiesGrp/ProgramServicesAmt013702
IRS990/RoyaltiesGrp/TotalAmt013706
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01041704
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0591000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01350
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017494
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018844
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014309
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0205
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll tax liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01350
IRS990ScheduleD/TotalLiabilityAmt0205
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/BaseCompensationFilingOrgAmt0293083
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1224167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2198483
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3154375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07267
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt13759
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt25933
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt34444
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt024034
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt120372
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt212516
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt315157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Anthony Klemmer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Deborah Levitzky
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Jason Griffiths
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Juan Fernandez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Key Employee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Key Employee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Key Employee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0324384
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1248298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2216932
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3173976
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/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false

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