Civic Intelligence

Ready for School

990 • Fiscal year 2016 • EIN 27-4898652

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 08, 2017

70 West 8th StreetHolland, MI 49423

(616) 395-7055

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

2nd percentile

-151%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

3rd percentile

-31%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-79%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,074,777

Down $489,524 (-31%) from 2015

Net Assets

Down

$1,065,163

Down $487,451 (-31%) from 2015

Liabilities

Down

$9,614

Down $2,073 (-18%) from 2015

Revenue

Down

$323,272

Down $1,203,165 (-79%) from 2015

Expenses

Down

$810,723

Down $147,068 (-15%) from 2015

Net Income

Down

-$487,451

Down $1,056,097 (-186%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $201,129Liabilities 2011: $34,666Net Assets 2011: $166,4632011Assets 2012: $493,066Liabilities 2012: $40,279Net Assets 2012: $452,7872012Assets 2013: $731,198Liabilities 2013: $18,760Net Assets 2013: $712,4382013Assets 2014: $993,299Liabilities 2014: $9,331Net Assets 2014: $983,9682014Assets 2015: $1,564,301Liabilities 2015: $11,687Net Assets 2015: $1,552,6142015Assets 2016: $1,074,777Liabilities 2016: $9,614Net Assets 2016: $1,065,1632016Assets 2017: $855,105Liabilities 2017: $25,383Net Assets 2017: $829,7222017Assets 2018: $640,298Liabilities 2018: $14,017Net Assets 2018: $626,2812018Assets 2019: $638,457Liabilities 2019: $15,055Net Assets 2019: $623,4022019Assets 2020: $789,595Liabilities 2020: $223,424Net Assets 2020: $566,1712020Assets 2022: $680,167Liabilities 2022: $428,113Net Assets 2022: $252,0542022Assets 2024: $947,091Liabilities 2024: $176,880Net Assets 2024: $770,2112024

Highlighted filing

2016

Assets$1,074,777
Liabilities$9,614
Net Assets$1,065,163

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $494,8042011Expenses 2012: $851,2322012Revenue 2013: $1,360,411Expenses 2013: $1,082,506Net Income 2013: $277,9052013Revenue 2014: $1,508,223Expenses 2014: $1,236,693Net Income 2014: $271,5302014Revenue 2015: $1,526,437Expenses 2015: $957,791Net Income 2015: $568,6462015Revenue 2016: $323,272Expenses 2016: $810,723Net Income 2016: -$487,4512016Revenue 2017: $557,596Expenses 2017: $793,037Net Income 2017: -$235,4412017Revenue 2018: $595,672Expenses 2018: $799,113Net Income 2018: -$203,4412018Revenue 2019: $639,355Expenses 2019: $642,234Net Income 2019: -$2,8792019Revenue 2020: $641,138Expenses 2020: $698,369Net Income 2020: -$57,2312020Revenue 2022: $758,634Expenses 2022: $1,154,078Net Income 2022: -$395,4442022Revenue 2024: $1,189,025Expenses 2024: $1,046,772Net Income 2024: $142,2532024

Highlighted filing

2016

Revenue$323,272
Expenses$810,723
Net Income-$487,451
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 8, 2017
Return Version
2016v3.0
Gross Receipts
$342,532
Mission and Program Overview

Mission

Ready for school prepares children for success by equipping parents through integrated support of the holland, zeeland and hamilton communities. The organization accomplished this by engaging and informing parents, enhancing existing programming, and expanding early learning opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$446,386$381,175▼ $65,211
Savings and Temporary Cash Investments$276,003$325,268▲ $49,265
Cash and Non-Interest-Bearing Accounts$745,197$282,559▼ $462,638
Land, Buildings, and Equipment, Net$93,528$70,888▼ $22,640
Intangible Assets-$11,700-
Prepaid Expenses and Deferred Charges$3,187$3,187→ $0
Total Assets$1,564,301$1,074,777▼ $489,524
Liabilities
Accounts Payable and Accrued Expenses$11,687$9,614▼ $2,073
Total Liabilities$11,687$9,614▼ $2,073
Net Assets / Fund Balance
Temporarily Rstr Net Assets$969,493$534,969▼ $434,524
Unrestricted Net Assets$583,121$530,194▼ $52,927
Total Net Assets Fund Balance$1,552,614$1,065,163▼ $487,451
Total Liabilities and Net Assets / Fund Balance$1,564,301$1,074,777▼ $489,524

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$70,888$52,665$123,553
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Donna LowryPresident/ CFT$83,110$83,110

Board Members and Trustees

NameTitle
Bruce LosPresident
Barb FergusonDirector
Boyd FeltmanDirector
Cal DekuiperDirector
Janet DeyoungDirector
Jennifer OwensDirector
Jodi OwczarskiDirector
Michael RamirezDirector
Patrick MoranDirector
Robert EllisDirector
Tami MannesDirector
Nancy MillerSecretary
Anne PorterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$324,516
Program Service Revenue
$0
Investment Income
$1,827
Other Revenue
$-3,071
All Other Contributions
$324,516
Change in Net Assets
$-487,451

Audited Revenue Reconciliation

Revenue per Audited Statements
$323,272
Revenue Not Reported on Form 990
$8,900
Total Revenue per Audited Statements
$332,172
Total Revenue per Form 990
$323,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$499,146
Salaries, Compensation, and Employee Benefits$311,577
Total Fundraising Expense$24,774
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,290$87,878$7,773$147,941
Fees for Services Other$96,165$1,177-$97,342
Current Officers, Directors, Trustees, and Key Employees$58,177$16,622$8,311$83,110
Other Employee Benefits$44,356$7,828-$52,184
Payroll Taxes$24,091$4,251-$28,342
Occupancy$12,044$10,579$258$22,881
Office Expenses$7,127$5,472$2,038$14,637
Depreciation Depletion$9,830$1,229$1,228$12,287
Fees for Services Accounting-$10,206-$10,206
Insurance$309$5,868-$6,177
Advertising$4,789$845-$5,634
Information Technology$4,219$1,257-$5,476
Conferences and Meetings$3,564$653$218$4,435
Travel$2,118$390$130$2,638
Fees for Services Legal-$1,305-$1,305
Other Expenses$113$565$452$1,130
All Other Expenses-$103-$103
Total Functional Expenses$622,066$163,883$24,774$810,723

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$819,623
Expenses per Audited Statements$810,723
Total Expenses per Form 990$810,723
Expenses Not Reported on Form 990$8,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,260
Fundraising Gross Income$15,796
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Breakfas$15,796$15,796$19,260$-3,464
Total Events$15,796$15,796$19,260$-3,464
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
Audit committee
No
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
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 11B

The accounting firm provides the organization with a draft copy of the form 990. The executive director, treasurer, and the associate director review the form and make any corrections or suggestions as needed. The accounting firm then revises the form and electronically files it.

Form 990, Page 6, Part VI, Line 12C

A director, officer or administrative staff will be required to disclose to the board of directors of ready for school any affiliation with an organization seeking to provide services, equipment or facilities to ready for school, or when a director, officer, or administraive staff has any duality of interest or possible conflict of interest, real or apparent, such affiliations or conflict of interest must be disclosed to the board of directors of ready for school and made a matter of record either when the interest becomes a matter of board action or a part of the annual procedure established by the board. To address actual and potential conflicts of interest, any director, officer or administrative staff having a duality of interest or possible conflict of interest will follow the following procedures with regard to matters brought before the board of directors: statement of position, voting, and duty of good faith.

Form 990, Page 6, Part VI, Line 15A

The board determines the salary based on comparability studies using national and local non profit data. The board approves the salary, and all changes are shown in the board minutes.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public on request.

Filing and Contact Details

Filer

Filer Name
Ready for School
EIN
27-4898652
Phone
6163957055
Address
70 WEST 8TH STREET, HOLLAND, MI 49423

Signing Officer

Name
Donna Lowry
Title
President/ CEO
Phone
6163957055
Signed
2017-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Lowry
Formed
2011
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
9
Volunteers
100

Preparer

Firm
Ferris Busscher & Zwiers Pc
Address
675 EAST 16TH ST SUITE 100, HOLLAND, MI 49423
Preparer
Douglas W Rotman
Phone
6163928534
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Ready for school prepares children for success by equipping parents through integrated support of the holland, zeeland and hamilton communities. The organization accomplished this by engaging and informing parents, enhancing existing programming, and expanding early learning opportunities.

Form 990, Page 1, Part I, Line 6

ACTUAL COUNT

Form 990, Page 2, Part III, Line 4A

Leveraged through ready for school referrals to federal and state early childhood programs. -56 children attended start school ready. A pre-kindergarten summer learning experience for children have been identified as not being ready for school.

Form 990, Part IX, Line 11G

Contract services 96,165 1,177 0

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IRS990/Desc0ENGAGE AND INFORM PARENTS, ENHANCE EXISTING PROGRAMMING, AND EXPAND EARLY LEARNING OPPORTUNITIES. 2016 IMPACT HIGHTLIGHTS: -SUMMER LUNCH PROGRAM SAW 340 CHILDREN, 120 CAREGIVERS AND DISTRIBUTED 7500 LUNCHES AND SACK SUPPERS. PROGRAM RAN FOR 60 DAYS AND PRODUCED 90 HOURS OF EDUCATIONAL FUN. -DISTRIBUTED 10,300 CHILDREN'S BOOKS, AND CONDUCTED 10,000 HEALTH CARE PROVIDER CONVERSATIONS THROUGH REACH OUT AND READ. -1,600 CHILDREN WERE IMPACTED FROM BUILDING BRIDGES BEST PRACTICE SHARING BETWEEN PRESCHOOL AND KINDERGARTEN EDUCATORS. -SINCE 2010 EXPANDING PRESCHOOL ACCESS HAS PREPARED 2,100 FOR KINDERGARTEN. 1,163,887 THROUGH PRESCHOOL SCHOLARSHIPS, AND 1,174,800 ADDITIONAL LEVERAGED THROUGH READY FOR SCHOOL REFERRALS TO FEDERAL AND STATE EARLY CHILDHOOD PROGRAMS. -56 CHILDREN ATTENDED START SCHOOL READY. A PRE-KINDERGARTEN SUMMER LEARNING EXPERIENCE FOR CHILDREN HAVE BEEN IDENTIFIED AS NOT BEING READY FOR SCHOOL.
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IRS990/MissionDesc0READY FOR SCHOOL PREPARES CHILDREN FOR SUCCESS BY EQUIPPING PARENTS THROUGH INTEGRATED SUPPORT OF THE HOLLAND, ZEELAND AND HAMILTON COMMUNITIES. THE ORGANIZATION ACCOMPLISHED THIS BY ENGAGING AND INFORMING PARENTS, ENHANCING EXISTING PROGRAMMING, AND EXPANDING EARLY LEARNING OPPORTUNITIES.
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt052184
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1877
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IRS990/OtherExpensesGrp/ProgramServicesAmt0192773
IRS990/OtherExpensesGrp/ProgramServicesAmt1109221
IRS990/OtherExpensesGrp/ProgramServicesAmt2880
IRS990/OtherExpensesGrp/ProgramServicesAmt3113
IRS990/OtherExpensesGrp/TotalAmt0202782
IRS990/OtherExpensesGrp/TotalAmt1109221
IRS990/OtherExpensesGrp/TotalAmt22892
IRS990/OtherExpensesGrp/TotalAmt31130
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IRS990/PayrollTaxesGrp/TotalAmt028342
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IRS990/PrincipalOfficerNm0DONNA LOWRY
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherRevenueAmt01709
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0324516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01523279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01511964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01354880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01156267
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01449
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0720
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0639
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016189
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleD/DonatedServicesUseFcltsAmt08900
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt052665
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0123553
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IRS990ScheduleD/RevenueNotReportedAmt08900
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IRS990ScheduleD/TotalExpensesPerForm990Amt0810723
IRS990ScheduleD/TotalRevenuePerForm990Amt0323272
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0819623
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL BREAKFAS
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0READY FOR SCHOOL PREPARES CHILDREN FOR SUCCESS BY EQUIPPING PARENTS THROUGH INTEGRATED SUPPORT OF THE HOLLAND, ZEELAND AND HAMILTON COMMUNITIES. THE ORGANIZATION ACCOMPLISHED THIS BY ENGAGING AND INFORMING PARENTS, ENHANCING EXISTING PROGRAMMING, AND EXPANDING EARLY LEARNING OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTUAL COUNT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEVERAGED THROUGH READY FOR SCHOOL REFERRALS TO FEDERAL AND STATE EARLY CHILDHOOD PROGRAMS. -56 CHILDREN ATTENDED START SCHOOL READY. A PRE-KINDERGARTEN SUMMER LEARNING EXPERIENCE FOR CHILDREN HAVE BEEN IDENTIFIED AS NOT BEING READY FOR SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ACCOUNTING FIRM PROVIDES THE ORGANIZATION WITH A DRAFT COPY OF THE FORM 990. THE EXECUTIVE DIRECTOR, TREASURER, AND THE ASSOCIATE DIRECTOR REVIEW THE FORM AND MAKE ANY CORRECTIONS OR SUGGESTIONS AS NEEDED. THE ACCOUNTING FIRM THEN REVISES THE FORM AND ELECTRONICALLY FILES IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DIRECTOR, OFFICER OR ADMINISTRATIVE STAFF WILL BE REQUIRED TO DISCLOSE TO THE BOARD OF DIRECTORS OF READY FOR SCHOOL ANY AFFILIATION WITH AN ORGANIZATION SEEKING TO PROVIDE SERVICES, EQUIPMENT OR FACILITIES TO READY FOR SCHOOL, OR WHEN A DIRECTOR, OFFICER, OR ADMINISTRAIVE STAFF HAS ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST, REAL OR APPARENT, SUCH AFFILIATIONS OR CONFLICT OF INTEREST MUST BE DISCLOSED TO THE BOARD OF DIRECTORS OF READY FOR SCHOOL AND MADE A MATTER OF RECORD EITHER WHEN THE INTEREST BECOMES A MATTER OF BOARD ACTION OR A PART OF THE ANNUAL PROCEDURE ESTABLISHED BY THE BOARD. TO ADDRESS ACTUAL AND POTENTIAL CONFLICTS OF INTEREST, ANY DIRECTOR, OFFICER OR ADMINISTRATIVE STAFF HAVING A DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST WILL FOLLOW THE FOLLOWING PROCEDURES WITH REGARD TO MATTERS BROUGHT BEFORE THE BOARD OF DIRECTORS: STATEMENT OF POSITION, VOTING, AND DUTY OF GOOD FAITH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD DETERMINES THE SALARY BASED ON COMPARABILITY STUDIES USING NATIONAL AND LOCAL NON PROFIT DATA. THE BOARD APPROVES THE SALARY, AND ALL CHANGES ARE SHOWN IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACT SERVICES 96,165 1,177 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0534969
IRS990/TempOrPermanentEndowmentsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.18$0.77$1.19$1.05$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.43$0.25$0.76$1.15$0.40
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.22$0.57$0.64$0.70$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.02$0.62$0.64$0.64$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.01$0.63$0.60$0.80$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.03$0.83$0.56$0.79$0.24
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.01$1.07$0.32$0.81$0.49
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$1.53$0.96$0.57
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$1.51$1.24$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$1.36$1.08$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.04$0.45$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.03$0.17$0.49