Civic Intelligence

Adventures in Learning Inc.

990 • Fiscal year 2016 • EIN 30-0032941

Sep 01, 2015 to Aug 31, 2016 • Filed on Jul 17, 2017

PO Box 1054Manhasset, NY 11030

(516) 365-7131

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$61,704

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Asset Growth

88th percentile

47%

Faster asset growth than 88% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

53%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$578,099

Up $184,290 (+47%) from 2015

Net Assets

Up

$578,099

Up $187,483 (+48%) from 2015

Liabilities

Down

$0

Down $3,193 (-100%) from 2015

Revenue

Up

$555,798

Up $191,382 (+53%) from 2015

Expenses

Up

$380,372

Up $67,632 (+22%) from 2015

Net Income

Up

$175,426

Up $123,750 (+239%) 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: $171,324Liabilities 2011: $0Net Assets 2011: $171,3242011Assets 2012: $180,374Liabilities 2012: $0Net Assets 2012: $180,3742012Assets 2013: $332,506Liabilities 2013: $0Net Assets 2013: $332,5062013Assets 2014: $359,500Liabilities 2014: $9,672Net Assets 2014: $349,8282014Assets 2015: $393,809Liabilities 2015: $3,193Net Assets 2015: $390,6162015Assets 2016: $578,099Liabilities 2016: $0Net Assets 2016: $578,0992016Assets 2017: $481,204Liabilities 2017: $0Net Assets 2017: $481,2042017Assets 2018: $556,273Liabilities 2018: $0Net Assets 2018: $556,2732018Assets 2019: $584,426Liabilities 2019: $0Net Assets 2019: $584,4262019Assets 2020: $689,491Liabilities 2020: $71,819Net Assets 2020: $617,6722020Assets 2021: $923,212Liabilities 2021: $0Net Assets 2021: $923,2122021Assets 2022: $887,752Liabilities 2022: $0Net Assets 2022: $887,7522022Assets 2023: $1,393,258Liabilities 2023: $0Net Assets 2023: $1,393,2582023Assets 2024: $1,574,603Liabilities 2024: $0Net Assets 2024: $1,574,6032024

Highlighted filing

2016

Assets$578,099
Liabilities$0
Net Assets$578,099

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $222,9692011Expenses 2012: $229,0892012Expenses 2013: $306,2992013Revenue 2014: $285,885Expenses 2014: $299,873Net Income 2014: -$13,9882014Revenue 2015: $364,416Expenses 2015: $312,740Net Income 2015: $51,6762015Revenue 2016: $555,798Expenses 2016: $380,372Net Income 2016: $175,4262016Revenue 2017: $457,311Expenses 2017: $574,085Net Income 2017: -$116,7742017Revenue 2018: $632,353Expenses 2018: $573,962Net Income 2018: $58,3912018Revenue 2019: $727,361Expenses 2019: $695,315Net Income 2019: $32,0462019Revenue 2020: $858,614Expenses 2020: $832,460Net Income 2020: $26,1542020Revenue 2021: $976,077Expenses 2021: $741,306Net Income 2021: $234,7712021Revenue 2022: $849,127Expenses 2022: $808,503Net Income 2022: $40,6242022Revenue 2023: $1,438,881Expenses 2023: $967,563Net Income 2023: $471,3182023Revenue 2024: $1,522,173Expenses 2024: $1,380,103Net Income 2024: $142,0702024

Highlighted filing

2016

Revenue$555,798
Expenses$380,372
Net Income$175,426
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jul 17, 2017
Return Version
2015v3.0
Gross Receipts
$596,030
Mission and Program Overview

Mission

The Organization helps underpriviledged children by providing specialized instruction in homework skills, early reading, health education, foreign language, computer skills, field trips, and arts and crafts to children in grades K through six.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$283,775$294,173▲ $10,398
Cash and Non-Interest-Bearing Accounts$61,385$244,909▲ $183,524
Savings and Temporary Cash Investments$47,742$38,467▼ $9,275
Land, Buildings, and Equipment, Net$907$550▼ $357
Total Assets$393,809$578,099▲ $184,290
Liabilities
Unsecured Notes Loans Payable$3,193--
Total Liabilities$3,193$0▼ $3,193
Net Assets / Fund Balance
Temporarily Rstr Net Assets$67,617$258,574▲ $190,957
Unrestricted Net Assets$172,999$169,525▼ $3,474
Permanently Rstr Net Assets$150,000$150,000→ $0
Total Net Assets Fund Balance$390,616$578,099▲ $187,483
Total Liabilities and Net Assets / Fund Balance$393,809$578,099▲ $184,290

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$550$17,005$17,555
Leasehold Improvements-$10,880$10,880

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$283,775$1,024▲ $21,070$11,696$294,173
2014$297,491-▼ $3,765$9,951$283,775
2013$258,572-▲ $45,707$6,788$297,491
2012$145,672$101,210▲ $19,073$7,383$258,572
2011$132,384-▲ $13,288-$145,672
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Diana HoldenExec DirectorFT$61,704$61,704
Revenue and Support

Revenue Composition

Contributions and Grants
$538,426
Program Service Revenue
$0
Investment Income
$9,737
Other Revenue
$7,635
All Other Contributions
$488,426
Change in Net Assets
$175,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$217,111
Other Expenses$102,082
Grants and Similar Amounts Paid$61,179
Total Fundraising Expense$49,184
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,946$16,500$12,885$139,331
Current Officers, Directors, Trustees, and Key Employees$30,852$6,170$24,682$61,704
Grants to Domestic Individuals$61,179--$61,179
Occupancy$26,038$0$0$26,038
Payroll Taxes$10,973$1,921$3,182$16,076
Insurance$7,982$2,327$1,945$12,254
Office Expenses$16$2,950$6,005$8,971
Information Technology$7,544$0$0$7,544
Other Expenses$5,004$1,204$0$6,208
Fees for Services Accounting$0$3,750$0$3,750
Fees for Services Other$1,817$293$485$2,595
Depreciation Depletion$357$0$0$357
Total Functional Expenses$296,073$35,115$49,184$380,372
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,393
Fundraising Direct Expenses$19,273
Gaming Gross Income$12,725
Gaming Direct Expenses$12,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Tasting$74,393$24,393$19,273$5,120
None----
Total Events$74,393$24,393$19,273$5,120
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Adventures in Learning Inc
EIN
30-0032941
Phone
5163657131
Address
PO BOX 1054, MANHASSET, NY 11030

Signing Officer

Name
Diana Holden
Title
Executive Director
Phone
5163657131
Signed
2017-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Kiess
Formed
2001
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
16
Employees
19
Volunteers
200

Preparer

Firm
O'KEEFE CPA LLC
Address
375 FULTON ST, FARMINGDALE, NY 11735-3454
Preparer
TIMOTHY O'KEEFE
Phone
5165865611
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Available upon request.

Pt VI, Line 11B

The Form 990 is circulated among the Board members prior to filing.

Pt VI, Line 12C

The Organization provides a conflict of interest policy to Board members and issues are addressed by the Board as circumstances arise.

Pt VI, Line 15A

Compensation committee evaluates the compensation of the executive director on a periodic basis.

Form 990EZ, Part I, Line 16

Insurance

Form 990EZ, Part I, Line 16

Food

Form 990EZ, Part I, Line 16

Library

Form 990EZ, Part I, Line 16

Program expenses

Form 990EZ, Part I, Line 16

Payroll Service

Form 990EZ, Part I, Line 16

Other

Form 990EZ, Part II, Line 24

Property & equipment

Financial Statement Notes

Pt X, Line 2

Accounting Standards Codification ("ASC") 740-10-05 relates to the accounting and reporting of uncertainties in income taxes and, for the Organization, could be applicable to the incurrence of unrelated business income tax. The Organization has not identified or provided for any such instances.

Pt V, Line 4

To provide operating resources to the Organization.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$1.52$1.38$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$1.44$0.97$0.47
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.85$0.81$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.98$0.74$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.69$0.07$0.62$0.86$0.83$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.73$0.70$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.63$0.57$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.46$0.57$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.56$0.38$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.36$0.31$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.29$0.30$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.22