Civic Intelligence

Ready for School

990 • Fiscal year 2018 • EIN 27-4898652

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

268 E 8th Street Suite 10Holland, MI 49423

(616) 834-0515

Siviq Scores

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

Liabilities / Assets

46th percentile

0.02x

Higher debt load relative to assets than 46% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.02x

Higher debt load relative to revenue than 46% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

9th percentile

-34%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

81st percentile

$78,703

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

8th percentile

-25%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

55th percentile

6.8%

Faster revenue growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$640,298

Down $214,807 (-25%) from 2017

Net Assets

Down

$626,281

Down $203,441 (-25%) from 2017

Liabilities

Down

$14,017

Down $11,366 (-45%) from 2017

Revenue

Up

$595,672

Up $38,076 (+6.8%) from 2017

Expenses

Up

$799,113

Up $6,076 (+0.8%) from 2017

Net Income

Up

-$203,441

Up $32,000 (+14%) from 2017

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

2018

Assets$640,298
Liabilities$14,017
Net Assets$626,281

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

2018

Revenue$595,672
Expenses$799,113
Net Income-$203,441
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Gross Receipts
$658,328
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.

To prepare children for success in kindergarten by equipping parents and families through the integrated support of the community. As an organization, ready for school sees big potential in all small children. Their focus is making early childhood learning a community priority.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$351,636$253,000▼ $98,636
Pledges and Grants Receivable$176,198$231,939▲ $55,741
Cash and Non-Interest-Bearing Accounts$251,792$128,912▼ $122,880
Land, Buildings, and Equipment, Net$71,332$23,572▼ $47,760
Prepaid Expenses and Deferred Charges$4,147$2,875▼ $1,272
Total Assets$855,105$640,298▼ $214,807
Liabilities
Accounts Payable and Accrued Expenses$25,383$14,017▼ $11,366
Total Liabilities$25,383$14,017▼ $11,366
Net Assets / Fund Balance
Temporarily Rstr Net Assets$182,698$356,823▲ $174,125
Unrestricted Net Assets$647,024$269,458▼ $377,566
Total Net Assets Fund Balance$829,722$626,281▼ $203,441
Total Liabilities and Net Assets / Fund Balance$855,105$640,298▼ $214,807

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,184$30,875$47,059
Leasehold Improvements$7,388$481$7,869
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna LowryPresident/ceFT$76,228$2,475$78,703
Patrick Johnson 1118-73118CFO/COOFT$48,288$7,981$56,269

Board Members and Trustees

NameTitle
Bruce LosChair
Boyd FeltmanVice Chair
Beth PeterDirector
Cal DekuiperDirector
Jennifer OwensDirector
Jodi OwczarskiDirector
Juanita BocanegraDirector
Lindsey GorslineDirector
Lucia RiosDirector
Michael RamirezDirector
Sue FranzDirector
Tami MannesDirector
Travis WilliamsDirector
Nancy MillerSecretary
Anne PorterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$645,710
Program Service Revenue
$0
Investment Income
$-51,944
Other Revenue
$1,906
All Other Contributions
$626,401
Change in Net Assets
$-203,441

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$56,625
Total Noncash Contributions1$56,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$595,672
Revenue Not Reported on Form 990
$18,720
Total Revenue per Audited Statements
$614,392
Total Revenue per Form 990
$595,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$495,177
Salaries, Compensation, and Employee Benefits$303,936
Total Fundraising Expense$66,406
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$69,003$44,759$20,001$133,763
Other Salaries and Wages$65,904$19,406$33,954$119,264
Payroll Taxes$29,638$5,230-$34,868
Occupancy$13,802$5,742$1,469$21,013
Other Expenses$9,140$3,924$6,414$19,478
Advertising$12,284$1,445$723$14,452
Other Employee Benefits$14,149--$14,149
Office Expenses$6,375$4,661$1,867$12,903
Fees for Services Accounting$10,003$1,765-$11,768
Depreciation Depletion$7,638$425$424$8,487
Information Technology$5,033$1,557-$6,590
Fees for Services Other$5,386$1,139-$6,525
Insurance$3,197$3,196-$6,393
Travel$1,574$295$98$1,967
Conferences and Meetings$1,515$284$96$1,895
Pension Plan Contributions$1,608$284-$1,892
All Other Expenses$506$169$169$844
Fees for Services Legal$465--$465
Total Functional Expenses$618,092$114,615$66,406$799,113

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$817,833
Expenses per Audited Statements$799,113
Total Expenses per Form 990$799,113
Expenses Not Reported on Form 990$18,720
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,147
Fundraising Gross Income$9,147
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Breakfas$28,456$9,147$9,147$0
Total Events$28,456$9,147$9,147-
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
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
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
6168340515
Address
268 E 8TH STREET SUITE 10, HOLLAND, MI 49423

Signing Officer

Name
Donna Lowry
Title
President/CEO
Phone
6163957055
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Lowry
Formed
2011
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
9
Volunteers
38

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

To prepare children for success in kindergarten by equipping parents and families through the integrated support of the community. As an organization, ready for school sees big potential in all small children. Their focus is making early childhood learning a community priority.

Form 990, Page 1, Part I, Line 6

ACTUAL COUNT

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

2018 impact hightlights: demonstrating that early childhood is a community priority: - showed a 3% increase in kindergarten readiness to 66%. Since 2009, kindergarten readiness has increased from 43 to 66% per an early literacy measure (dynamic indicators of basic early literacy skills) - catalyzed ottawa community health assessment process to include adverse childhood experiences data collection accelerate access to year round early childhood learning experiences: - awarded 320 access scholarships for preschool tuition during the traditional school year. - supported navigation of early childhood system with 38 referrals to state and federal preschool programs in addition to multiple referrals to ottawa county's help me grow care coordination team - created high quality summer learning opportunities for 112 incoming kindergartners and over 200 of their caregivers. This program, start school ready, is a readiness accelerator that showed statistically significant increases in early literacy and social emotional readiness enhance world-class early childhood professional talent: - enhanced trusted healthcare provider relationships through reach out and read: 12,000 well child visits were enhanced with developmentally appropriate books and healthcare provider conversations - enhanced 115 pre-k and kindergarten educator's approaches to early literacy and social emotional readiness through 3 community offerings: building bridges, the little read, and start school ready - enhanced relationships and peer learning through 10 early educator round tables innovate to expand early learning opportunities: - aligned and connected 115 pre-k and kindergarten educators through professional development that focused on early literacy and social emotional readiness - co-created a 4 week nature based education experience, start school ready. This strategy helped fill the year round need for high quality learning opportunities that accelerate kindergarten readiness - coached 20 pre-k and kindergarten educators on nature based education - expanded start school ready to include 3 school system partners: holland public schools, zeeland public schools, and hamilton community schools. This allows the infrastructure, including transportation, to support our community's youngest learners year round, not just during the traditional school year

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IRS990/Desc02018 IMPACT HIGHTLIGHTS: DEMONSTRATING THAT EARLY CHILDHOOD IS A COMMUNITY PRIORITY: - SHOWED A 3% INCREASE IN KINDERGARTEN READINESS TO 66%. SINCE 2009, KINDERGARTEN READINESS HAS INCREASED FROM 43 TO 66% PER AN EARLY LITERACY MEASURE (DYNAMIC INDICATORS OF BASIC EARLY LITERACY SKILLS) - CATALYZED OTTAWA COMMUNITY HEALTH ASSESSMENT PROCESS TO INCLUDE ADVERSE CHILDHOOD EXPERIENCES DATA COLLECTION ACCELERATE ACCESS TO YEAR ROUND EARLY CHILDHOOD LEARNING EXPERIENCES: - AWARDED 320 ACCESS SCHOLARSHIPS FOR PRESCHOOL TUITION DURING THE TRADITIONAL SCHOOL YEAR. - SUPPORTED NAVIGATION OF EARLY CHILDHOOD SYSTEM WITH 38 REFERRALS TO STATE AND FEDERAL PRESCHOOL PROGRAMS IN ADDITION TO MULTIPLE REFERRALS TO OTTAWA COUNTY'S HELP ME GROW CARE COORDINATION TEAM - CREATED HIGH QUALITY SUMMER LEARNING OPPORTUNITIES FOR 112 INCOMING KINDERGARTNERS AND OVER 200 OF THEIR CAREGIVERS. THIS PROGRAM, START SCHOOL READY, IS A READINESS ACCELERATOR THAT SHOWED STATISTICALLY SIGNIFICANT INCREASES IN EARLY LITERACY AND SOCIAL EMOTIONAL READINESS ENHANCE WORLD-CLASS EARLY CHILDHOOD PROFESSIONAL TALENT: - ENHANCED TRUSTED HEALTHCARE PROVIDER RELATIONSHIPS THROUGH REACH OUT AND READ: 12,000 WELL CHILD VISITS WERE ENHANCED WITH DEVELOPMENTALLY APPROPRIATE BOOKS AND HEALTHCARE PROVIDER CONVERSATIONS - ENHANCED 115 PRE-K AND KINDERGARTEN EDUCATOR'S APPROACHES TO EARLY LITERACY AND SOCIAL EMOTIONAL READINESS THROUGH 3 COMMUNITY OFFERINGS: BUILDING BRIDGES, THE LITTLE READ, AND START SCHOOL READY - ENHANCED RELATIONSHIPS AND PEER LEARNING THROUGH 10 EARLY EDUCATOR ROUND TABLES INNOVATE TO EXPAND EARLY LEARNING OPPORTUNITIES: - ALIGNED AND CONNECTED 115 PRE-K AND KINDERGARTEN EDUCATORS THROUGH PROFESSIONAL DEVELOPMENT THAT FOCUSED ON EARLY LITERACY AND SOCIAL EMOTIONAL READINESS - CO-CREATED A 4 WEEK NATURE BASED EDUCATION EXPERIENCE, START SCHOOL READY. THIS STRATEGY HELPED FILL THE YEAR ROUND NEED FOR HIGH QUALITY LEARNING OPPORTUNITIES THAT ACCELERATE KINDERGARTEN READINESS - COACHED 20 PRE-K AND KINDERGARTEN EDUCATORS ON NATURE BASED EDUCATION - EXPANDED START SCHOOL READY TO INCLUDE 3 SCHOOL SYSTEM PARTNERS: HOLLAND PUBLIC SCHOOLS, ZEELAND PUBLIC SCHOOLS, AND HAMILTON COMMUNITY SCHOOLS. THIS ALLOWS THE INFRASTRUCTURE, INCLUDING TRANSPORTATION, TO SUPPORT OUR COMMUNITY'S YOUNGEST LEARNERS YEAR ROUND, NOT JUST DURING THE TRADITIONAL SCHOOL YEAR
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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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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