Civic Intelligence

Parkside Pre-School Center Ltd.

990 • Fiscal year 2020 • EIN 39-1190711

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 27, 2021

207 E 1st StMerrill, WI 54452

(715) 536-7716

Siviq Scores

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

Liabilities / Assets

76th percentile

0.31x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.14x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$4,080

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

79th percentile

39%

Faster asset growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

10%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$269,667

Up $75,220 (+39%) from 2019

Net Assets

Up

$186,191

Up $77,907 (+72%) from 2019

Liabilities

Down

$83,476

Down $2,687 (-3.1%) from 2019

Revenue

Up

$586,181

Up $53,336 (+10%) from 2019

Expenses

Up

$508,273

Up $23,520 (+4.9%) from 2019

Net Income

Up

$77,908

Up $29,816 (+62%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $64,784Liabilities 2011: $107,787Net Assets 2011: -$43,0032011Assets 2012: $104,574Liabilities 2012: $105,589Net Assets 2012: -$1,0142012Assets 2013: $138,445Liabilities 2013: $103,159Net Assets 2013: $35,2852013Assets 2014: $138,361Liabilities 2014: $100,498Net Assets 2014: $37,8632014Assets 2015: $139,939Liabilities 2015: $97,713Net Assets 2015: $42,2262015Assets 2016: $169,094Liabilities 2016: $108,673Net Assets 2016: $60,4212016Assets 2017: $172,217Liabilities 2017: $92,877Net Assets 2017: $79,3392017Assets 2018: $149,384Liabilities 2018: $89,191Net Assets 2018: $60,1922018Assets 2019: $194,447Liabilities 2019: $86,163Net Assets 2019: $108,2842019Assets 2020: $269,667Liabilities 2020: $83,476Net Assets 2020: $186,1912020Assets 2021: $289,054Liabilities 2021: $79,044Net Assets 2021: $210,0102021Assets 2022: $289,868Liabilities 2022: $76,598Net Assets 2022: $213,2702022Assets 2023: $195,177Liabilities 2023: $32,443Net Assets 2023: $162,7342023Assets 2024: $188,520Liabilities 2024: $38,988Net Assets 2024: $149,5322024Assets 2025: $204,961Liabilities 2025: $24,087Net Assets 2025: $180,8742025

Highlighted filing

2020

Assets$269,667
Liabilities$83,476
Net Assets$186,191

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $345,403Expenses 2011: $328,374Net Income 2011: $17,0292011Revenue 2012: $386,445Expenses 2012: $344,457Net Income 2012: $41,9882012Revenue 2013: $408,144Expenses 2013: $371,843Net Income 2013: $36,3012013Revenue 2014: $365,872Expenses 2014: $363,295Net Income 2014: $2,5772014Revenue 2015: $357,764Expenses 2015: $353,401Net Income 2015: $4,3632015Revenue 2016: $423,537Expenses 2016: $405,342Net Income 2016: $18,1952016Revenue 2017: $473,278Expenses 2017: $454,359Net Income 2017: $18,9192017Revenue 2018: $441,732Expenses 2018: $460,880Net Income 2018: -$19,1482018Revenue 2019: $532,845Expenses 2019: $484,753Net Income 2019: $48,0922019Revenue 2020: $586,181Expenses 2020: $508,273Net Income 2020: $77,9082020Revenue 2021: $655,224Expenses 2021: $631,405Net Income 2021: $23,8192021Revenue 2022: $704,478Expenses 2022: $701,218Net Income 2022: $3,2602022Revenue 2023: $821,999Expenses 2023: $872,535Net Income 2023: -$50,5362023Revenue 2024: $737,089Expenses 2024: $750,291Net Income 2024: -$13,2022024Revenue 2025: $771,080Expenses 2025: $739,738Net Income 2025: $31,3422025

Highlighted filing

2020

Revenue$586,181
Expenses$508,273
Net Income$77,908
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 27, 2021
Return Version
2019v5.0
Gross Receipts
$586,181
Mission and Program Overview

Mission

To provide high quality daycare to area children

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$108,283$186,191▲ $77,908
Savings and Temporary Cash Investments$31,577$104,117▲ $72,540
Land, Buildings, and Equipment, Net$93,368$87,106▼ $6,262
Cash and Non-Interest-Bearing Accounts$69,501$78,444▲ $8,943
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$194,446$269,667▲ $75,221
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$85,304$82,020▼ $3,284
Other Liabilities$859$1,456▲ $597
Total Liabilities$86,163$83,476▼ $2,687
Net Assets / Fund Balance
Total Net Assets Fund Balance$108,283$186,191▲ $77,908
Total Liabilities and Net Assets / Fund Balance$194,446$269,667▲ $75,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$67,106$184,332$251,438
Other Land Buildings-$74,161$74,161
Land$20,000-$20,000
Compensation and Service Providers

Employees

NameTitleBaseTotal
Brian RichardsTreasurer$4,080$4,080

Board Members and Trustees

NameTitle
Keith CohrsPresident
Amber MulrooneyVice President
Art LerschBoard Member
Candace GraapBoard Member
Jessica KoehlerBoard Member
Jim KopplemanBoard Member
Josie OlsonBoard Member
Trude PophalSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$88,867
Program Service Revenue
$497,299
Investment Income
$15
Other Revenue
$0
All Other Contributions
$72,517
Change in Net Assets
$77,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$398,948
Other Expenses$92,371
Grants and Similar Amounts Paid$16,954
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$357,917--$357,917
Payroll Taxes$28,161--$28,161
Occupancy$19,415--$19,415
Grants to Domestic Individuals$16,954--$16,954
Insurance$9,637--$9,637
Other Employee Benefits$8,790--$8,790
Depreciation Depletion$6,262--$6,262
Interest-$4,404-$4,404
Current Officers, Directors, Trustees, and Key Employees-$4,080-$4,080
Office Expenses$3,916--$3,916
Fees for Services Accounting$1,725--$1,725
Advertising$417--$417
Travel-$362-$362
Other Expenses$304--$304
All Other Expenses$125--$125
Total Functional Expenses$499,427$8,846$0$508,273
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,148
Customers Deposits$308
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is made available to board members to review at their request.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The process for determining compensation for officers and key employees is based on prior compensation levels, length of service and education.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes available its financial statements to the public upon request or in writing.

Filing and Contact Details

Filer

Filer Name
Parkside Preschool Center Ltd
EIN
39-1190711
Phone
7155367716
Address
207 E 1ST ST, MERRILL, WI 54452

Signing Officer

Name
Keith Cohrs
Title
President
Signed
2021-01-27
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
24

Preparer

Firm
Richard A Mamer CPA SC
Address
1027 1/2 E Main Street, Merrill, WI 54452
Preparer
Brian L Richards
Phone
7155368328
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IRS990/ProgramServiceRevenueGrp/Desc0DAYCARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0497299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0497299
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt018700
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt099971
IRS990/PYProgramServiceRevenueAmt0514134
IRS990/PYRevenuesLessExpensesAmt048092
IRS990/PYSalariesCompEmpBnftPaidAmt0384782
IRS990/PYTotalExpensesAmt0484753
IRS990/PYTotalRevenueAmt0532845
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt077908
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0569831
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0108283
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0186191
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031577
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0104117
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013279
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt082863
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0569831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0514134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0426598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0453864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0410257
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02374684
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt043
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02457547
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0586181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0532834
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0441723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0473273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0423536
IRS990ScheduleA/Total509Grp/TotalAmt02457547
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0586196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0532845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0441733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0473278
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0423538
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02457590
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt067106
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0184332
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0251438
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt074161
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11148
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMERS DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt087106
IRS990ScheduleD/TotalLiabilityAmt01456
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS MADE AVAILABLE TO BOARD MEMBERS TO REVIEW AT THEIR REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS BASED ON PRIOR COMPENSATION LEVELS, LENGTH OF SERVICE AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES AVAILABLE ITS FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST OR IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0194446
IRS990/TotalAssetsEOYAmt0269667
IRS990/TotalAssetsGrp/BOYAmt0194446
IRS990/TotalAssetsGrp/EOYAmt0269667
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt088867
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08846
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0499427
IRS990/TotalFunctionalExpensesGrp/TotalAmt0508273
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt086163
IRS990/TotalLiabilitiesEOYAmt083476
IRS990/TotalLiabilitiesGrp/BOYAmt086163
IRS990/TotalLiabilitiesGrp/EOYAmt083476
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0108283
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0186191
IRS990/TotalProgramServiceExpensesAmt0499427

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.05$0.24$1.81$7.71$7.40$0.31
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.39$1.50$7.37$7.50$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.32$1.63$8.22$8.73$0.51
2022Detailed filing. Detailed filing data is available for this year.$2.90$0.77$2.13$7.04$7.01$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.79$2.10$6.55$6.31$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.70$0.83$1.86$5.86$5.08$0.78
2019Summary only. Only limited summary data is available for this year.$1.94$0.86$1.08$5.33$4.85$0.48
2018Summary only. Only limited summary data is available for this year.$1.49$0.89$0.60$4.42$4.61$0.19
2017Summary only. Only limited summary data is available for this year.$1.72$0.93$0.79$4.73$4.54$0.19
2016Summary only. Only limited summary data is available for this year.$1.69$1.09$0.60$4.24$4.05$0.18
2015Summary only. Only limited summary data is available for this year.$1.40$0.98$0.42$3.58$3.53$0.04
2014Summary only. Only limited summary data is available for this year.$1.38$1.00$0.38$3.66$3.63$0.03
2013Summary only. Only limited summary data is available for this year.$1.38$1.03$0.35$4.08$3.72$0.36
2012Summary only. Only limited summary data is available for this year.$1.05$1.06$0.01$3.86$3.44$0.42
2011Summary only. Only limited summary data is available for this year.$0.65$1.08$0.43$3.45$3.28$0.17