Civic Intelligence

Sullivan Preschool

990 • Fiscal year 2018 • EIN 37-0948881

Jun 01, 2017 to May 31, 2018 • Filed on Oct 23, 2018

10 Hawthorne LaneSullivan, IL 61951

(217) 728-7511

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.10x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

60th percentile

0.06x

Higher debt load relative to revenue than 60% of similar nonprofits.

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

Net Margin

29th percentile

-4.2%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$43,542

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

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

Asset Growth

26th percentile

-5.3%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

39th percentile

-0.6%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Down

$339,182

Down $19,166 (-5.3%) from 2017

Net Assets

Down

$306,114

Down $37,451 (-11%) from 2017

Liabilities

Up

$33,068

Up $18,285 (+124%) from 2017

Revenue

Down

$513,274

Down $2,954 (-0.6%) from 2017

Expenses

Down

$535,054

Down $29,225 (-5.2%) from 2017

Net Income

Up

-$21,780

Up $26,271 (+55%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $384,758Liabilities 2014: $15,654Net Assets 2014: $369,1042014Assets 2015: $425,547Liabilities 2015: $16,103Net Assets 2015: $409,4442015Assets 2016: $407,727Liabilities 2016: $16,111Net Assets 2016: $391,6162016Assets 2017: $358,348Liabilities 2017: $14,783Net Assets 2017: $343,5652017Assets 2018: $339,182Liabilities 2018: $33,068Net Assets 2018: $306,1142018Assets 2019: $349,951Liabilities 2019: $33,308Net Assets 2019: $316,6432019Assets 2020: $481,807Liabilities 2020: $117,342Net Assets 2020: $364,4652020Assets 2021: $617,157Liabilities 2021: $113,891Net Assets 2021: $503,2662021Assets 2022: $620,333Liabilities 2022: $66,798Net Assets 2022: $553,5352022Assets 2023: $816,578Liabilities 2023: $80,866Net Assets 2023: $735,7122023Assets 2024: $828,858Liabilities 2024: $79,514Net Assets 2024: $749,3442024Assets 2025: $648,501Liabilities 2025: $54,381Net Assets 2025: $594,1202025

Highlighted filing

2018

Assets$339,182
Liabilities$33,068
Net Assets$306,114

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $585,616Expenses 2014: $542,656Net Income 2014: $42,9602014Revenue 2015: $588,093Expenses 2015: $547,753Net Income 2015: $40,3402015Revenue 2016: $544,825Expenses 2016: $562,653Net Income 2016: -$17,8282016Revenue 2017: $516,228Expenses 2017: $564,279Net Income 2017: -$48,0512017Revenue 2018: $513,274Expenses 2018: $535,054Net Income 2018: -$21,7802018Revenue 2019: $548,605Expenses 2019: $538,076Net Income 2019: $10,5292019Revenue 2020: $583,234Expenses 2020: $535,412Net Income 2020: $47,8222020Revenue 2021: $665,017Expenses 2021: $526,216Net Income 2021: $138,8012021Revenue 2022: $607,375Expenses 2022: $557,106Net Income 2022: $50,2692022Revenue 2023: $800,155Expenses 2023: $617,978Net Income 2023: $182,1772023Revenue 2024: $582,528Expenses 2024: $568,896Net Income 2024: $13,6322024Revenue 2025: $604,999Expenses 2025: $760,223Net Income 2025: -$155,2242025

Highlighted filing

2018

Revenue$513,274
Expenses$535,054
Net Income-$21,780
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Oct 23, 2018
Return Version
2017v2.3
Gross Receipts
$513,274
Mission and Program Overview

Mission

DAY CARE SERVICE

Day care services

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$201,555--
Cash and Non-Interest-Bearing Accounts-$181,535-
Land, Buildings, and Equipment, Net$125,773$115,793▼ $9,980
Accounts Receivable$12,428$39,784▲ $27,356
Pledges and Grants Receivable$12,238--
Prepaid Expenses and Deferred Charges$6,354$2,070▼ $4,284
Total Assets$358,348$339,182▼ $19,166
Liabilities
Accounts Payable and Accrued Expenses$11,985$30,270▲ $18,285
Deferred Revenue$2,798$2,798→ $0
Total Liabilities$14,783$33,068▲ $18,285
Net Assets / Fund Balance
Unrestricted Net Assets$343,565$306,114▼ $37,451
Total Net Assets Fund Balance$343,565$306,114▼ $37,451
Total Liabilities and Net Assets / Fund Balance$358,348$339,182▼ $19,166

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$57,590$438,692$496,282
Equipment$18,203$101,228$119,431
Land$40,000-$40,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tonya RoseCenter DirectorFT$43,542$43,542
Susan MurphyTreasurerPT$7,867$7,867

Board Members and Trustees

NameTitle
James PlankPresident
Chad YoderDirector
Jennifer YoderDirector
Timothy RoseDirector
Karen GrossSecretary
Kevin CrosierVP
Revenue and Support

Revenue Composition

Contributions and Grants
$38,314
Program Service Revenue
$457,787
Investment Income
$187
Other Revenue
$16,986
All Other Contributions
$350
Change in Net Assets
$-21,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$513,274
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$513,274
Total Revenue per Form 990
$513,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$380,083
Other Expenses$154,971
Total Fundraising Expense$672
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$243,717$57,802-$301,519
Current Officers, Directors, Trustees, and Key Employees$42,155$9,254-$51,409
Payroll Taxes$22,062$4,843-$26,905
Insurance$25,300$782-$26,082
Office Expenses$18,255--$18,255
Depreciation Depletion$14,812$458-$15,270
All Other Expenses$9,290$210$672$10,172
Fees for Services Other-$3,715-$3,715
Other Expenses$1,505$1,182-$2,687
Advertising$1,550--$1,550
Other Employee Benefits$205$45-$250
Total Functional Expenses$455,085$79,297$672$535,054

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$535,054
Total Expenses per Audited Statements$535,054
Total Expenses per Form 990$535,054
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tonya RoseDirector/Wife of Board MemberPayrollNo$43,542
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

990 report reviewed at monthly board meetings

Form 990, Part VI, Section C, line 19

Upon Request

Filing and Contact Details

Filer

Filer Name
Sullivan Preschool
EIN
37-0948881
Phone
2177287511
Address
10 Hawthorne Lane, Sullivan, IL 61951

Signing Officer

Name
Susie Murphy
Title
Treasurer
Phone
2177287511
Signed
2018-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susie Murphy
Formed
2008
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
30
Volunteers
0

Preparer

Firm
Kemper CPA Group LLP
Address
1701 Broadmoor Drive Ste 200, Champaign, IL 61821
Preparer
Luke Sparks
Phone
2173512073
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

No current year changes

Financial Statement Notes

Part X, Line 2:

The Organization is a not-for-profit organization that is exempt from income taxes under section 501(c) (3) of the Internal Revenue Code and is not classified by the Internal Revenue Service to be a private Organization under section 509(a) of the Internal Revenue Code. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the 2018 fiscal year. The Organization files information tax returns in the U.S. Federal and Illinois jurisdictions. The Organization is no longer subject to U.S. federal, state, and local income tax examinations by tax authorities for years ending prior to May 31, 2015.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0513274
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is a not-for-profit organization that is exempt from income taxes under section 501(c) (3) of the Internal Revenue Code and is not classified by the Internal Revenue Service to be a private Organization under section 509(a) of the Internal Revenue Code. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the 2018 fiscal year. The Organization files information tax returns in the U.S. Federal and Illinois jurisdictions. The Organization is no longer subject to U.S. federal, state, and local income tax examinations by tax authorities for years ending prior to May 31, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0115793
IRS990ScheduleD/TotalExpensesPerForm990Amt0535054
IRS990ScheduleD/TotalRevenuePerForm990Amt0513274
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0513274
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0535054
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Line 3 - Sullivan Preschool publizes in the local newspaper a statement that no students are discriminated against based upon race, sex, color, nationality, or ethnic orgin.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Line 6b - Assistance from the State of Illinois.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt043542
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt043542
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tonya Rose
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Center Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt043542
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt043542
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Tonya Rose
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director/Wife of Board Member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt043542
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Payroll
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 report reviewed at monthly board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon Request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No current year changes
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0358348
IRS990/TotalAssetsEOYAmt0339182
IRS990/TotalAssetsGrp/BOYAmt0358348
IRS990/TotalAssetsGrp/EOYAmt0339182
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt038314
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0672
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079297
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0455085
IRS990/TotalFunctionalExpensesGrp/TotalAmt0535054
IRS990/TotalGrossUBIAmt0187
IRS990/TotalLiabilitiesBOYAmt014783
IRS990/TotalLiabilitiesEOYAmt033068
IRS990/TotalLiabilitiesGrp/BOYAmt014783
IRS990/TotalLiabilitiesGrp/EOYAmt033068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0343565
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306114
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0455085
IRS990/TotalProgramServiceRevenueAmt0457787
IRS990/TotalReportableCompFromOrgAmt051409
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0474773
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0513274
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0187
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0358348
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0339182
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0343565
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0306114
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0RR 2 Box 61
IRS990/USAddress/CityNm0Sullivan
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061951
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04

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