Civic Intelligence

Spring Street Community Development

990 • Fiscal year 2019 • EIN 45-0942880

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

65 Spring StreetMorristown, NJ 07960

(973) 998-9330

Siviq Scores

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

Liabilities / Assets

75th percentile

0.11x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Net Margin

48th percentile

2.7%

Higher net margin than 48% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$1,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Asset Growth

94th percentile

254%

Faster asset growth than 94% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

64%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$13,793

Up $9,894 (+254%) from 2018

Net Assets

Up

$12,293

Up $8,394 (+215%) from 2018

Liabilities

Up

$1,500

Up $1,500 from 2018

Revenue

Up

$311,143

Up $121,472 (+64%) from 2018

Expenses

Up

$302,749

Up $114,078 (+60%) from 2018

Net Income

Up

$8,394

Up $7,394 (+739%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $200Liabilities 2011: $02011Assets 2012: $2,374Liabilities 2012: $02012Assets 2013: $7,005Liabilities 2013: $02013Assets 2014: $455Net Assets 2014: $4552014Assets 2015: $9,540Liabilities 2015: $0Net Assets 2015: $9,5402015Assets 2016: $6,349Liabilities 2016: $0Net Assets 2016: $6,3492016Assets 2017: $2,899Liabilities 2017: $0Net Assets 2017: $2,8992017Assets 2018: $3,899Liabilities 2018: $0Net Assets 2018: $3,8992018Assets 2019: $13,793Liabilities 2019: $1,500Net Assets 2019: $12,2932019Assets 2020: $71,495Liabilities 2020: $21,535Net Assets 2020: $49,9602020Assets 2021: $103,761Liabilities 2021: $20,124Net Assets 2021: $83,6372021Assets 2022: $151,070Liabilities 2022: $42,811Net Assets 2022: $108,2592022Assets 2023: $95,976Liabilities 2023: $66Net Assets 2023: $95,9102023Assets 2024: $137,624Liabilities 2024: $20,679Net Assets 2024: $116,9452024

Highlighted filing

2019

Assets$13,793
Liabilities$1,500
Net Assets$12,293

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $700Expenses 2011: $500Net Income 2011: $2002011Revenue 2012: $3,044Expenses 2012: $870Net Income 2012: $2,1742012Revenue 2013: $28,811Expenses 2013: $24,180Net Income 2013: $4,6312013Revenue 2014: $175,193Expenses 2014: $181,743Net Income 2014: -$6,5502014Revenue 2015: $271,330Expenses 2015: $262,245Net Income 2015: $9,0852015Revenue 2016: $208,757Expenses 2016: $211,948Net Income 2016: -$3,1912016Revenue 2017: $198,672Expenses 2017: $202,122Net Income 2017: -$3,4502017Revenue 2018: $189,671Expenses 2018: $188,671Net Income 2018: $1,0002018Revenue 2019: $311,143Expenses 2019: $302,749Net Income 2019: $8,3942019Revenue 2020: $2,223,992Expenses 2020: $2,186,325Net Income 2020: $37,6672020Revenue 2021: $1,833,172Expenses 2021: $1,799,495Net Income 2021: $33,6772021Revenue 2022: $1,993,971Expenses 2022: $1,980,071Net Income 2022: $13,9002022Revenue 2023: $2,088,807Expenses 2023: $2,101,156Net Income 2023: -$12,3492023Revenue 2024: $2,632,254Expenses 2024: $2,611,219Net Income 2024: $21,0352024

Highlighted filing

2019

Revenue$311,143
Expenses$302,749
Net Income$8,394
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 27, 2020
Return Version
2019v5.1
Gross Receipts
$321,942
Mission and Program Overview

Mission

Dedicated to identifying the needs

Dedicated to identifying the needs of families in order to reverse negative trends, improve quality of life, & strengthen the community (morris county).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,899$7,395▲ $3,496
Pledges and Grants Receivable-$5,398-
Land, Buildings, and Equipment, Net-$1,000-
Total Assets$3,899$13,793▲ $9,894
Liabilities
Accounts Payable and Accrued Expenses-$1,500-
Total Liabilities$0$1,500▲ $1,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,899$12,293▲ $8,394
Total Net Assets Fund Balance$3,899$12,293▲ $8,394
Total Liabilities and Net Assets / Fund Balance$3,899$13,793▲ $9,894

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,000-$1,000
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Teresa WilliamsExecutive DirectorPT$1,000$1,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$311,142
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$273,895
Change in Net Assets
$8,394

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 AmountValuation Method
Food Inventory169,258$169,258Wholesale Bulk Valuation
Other Non Cash Contri Table5$650Fair Market Value (FMV)
Total Noncash Contributions169,263$169,908-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$241,621
Salaries, Compensation, and Employee Benefits$61,128
Total Fundraising Expense$701
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,066$876$0$53,942
Occupancy$23,447$486$177$24,110
Fees for Services Other$13,315$0$0$13,315
Other Expenses$0$7,628$0$7,628
Payroll Taxes$7,069$117$0$7,186
Travel$3,397$0$0$3,397
Office Expenses$3,212$67$24$3,303
Fees for Services Accounting$0$2,410$0$2,410
Fees for Services Management$0$500$500$1,000
Total Functional Expenses$289,964$12,084$701$302,749
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,799
Fundraising Gross Income$10,799
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Beefsteak Gala$17,000$6,221$6,221$0
Denim & Diamonds Gala$17,209$4,578$4,578$0
Total Events$34,209$10,799$10,799$0
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
Audit committee
Yes
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
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
Filing and Contact Details

Filer

Filer Name
Spring Street Community Development
EIN
45-0942880
Phone
9739989330
Address
65 SPRING STREET, MORRISTOWN, NJ 07960

Signing Officer

Name
Teresa Williams
Title
Executive Director
Phone
9739989330
Signed
2020-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Sidney Williams
Formed
2011
Legal Domicile
Nj
Voting Board Members
15
Independent Board Members
15
Employees
8
Volunteers
1,620

Preparer

Firm
Joseph P Przyhocki III CPA LLC
Address
36 Exeter St, Morris Plains, NJ 07950
Preparer
Joseph P Przyhocki Iii
Phone
2014860993
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is provided to the board for review and

Pt VI, Line 11B

Approval prior to e-filing submission.

Pt VI, Line 18

The cdc makes the required documents available to the

Pt VI, Line 19

PUBLIC UPON REQUEST

Pt VI, Line 2

The chairman and executive director are related

Pt VI, Line 2

BY MARRIAGE

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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0876
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt053066
IRS990/OtherSalariesAndWagesGrp/TotalAmt053942
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0117
IRS990/PayrollTaxesGrp/ProgramServicesAmt07069
IRS990/PayrollTaxesGrp/TotalAmt07186
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05398
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Rev Sidney Williams
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0STUDENT OUTREACH AND ACADEMIC REINFORCEMENT (SOAR) - ENHANCES THE ACADEMIC AND SOCIAL DEVELOPMENT OF FIFTH GRADERS THROUGH EDUCATIONAL SUPPORT, MENTORING, AND ENRICHMENT OPPORTUNITIES. ALSO PROVIDES A LEADERSHIP ACADEMY FOR MIDDLE SCHOOLERS AND COLLEGE ASSISTANCE PROGRAMS FOR HIGH SCHOOL STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023850
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTHY WOMEN HEALTHY FAMILIES - FOCUSES ON AFRICAN-AMERICAN WOMEN (PREGNANT OR POST-PREGNANCY) ASSISTING THEM TO FIND RESOURCES AVAILABLE AT LOCAL ORGANIZATIONS, HOSPITALS, AND MEDICAL FACILITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt029545
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0189671
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0188671
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01000
IRS990/PYTotalExpensesAmt0188671
IRS990/PYTotalRevenueAmt0189671
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt08394
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0311142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0189671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0198671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0205180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0271330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01175994
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97830
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.97670
IRS990ScheduleA/PublicSupportTotal170Amt01150514
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt025480
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0311142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0189671
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0198671
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0205180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0271330
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01175994
IRS990ScheduleA/TotalSupportAmt01175998
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt023410
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt010779
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt012631
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010799
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BEEFSTEAK GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DENIM & DIAMONDS GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt017209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt034209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06221
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04578
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010799
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010799
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06221
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04578
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt0169258
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0WHOLESALE BULK VALUATION
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0169258
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt05
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0650
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APPROVAL PRIOR TO E-FILING SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CDC MAKES THE REQUIRED DOCUMENTS AVAILABLE TO THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CHAIRMAN AND EXECUTIVE DIRECTOR ARE RELATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BY MARRIAGE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ

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.$0.14$0.02$0.12$2.63$2.61$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$2.09$2.10$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.04$0.11$1.99$1.98$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.02$0.08$1.83$1.80$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.02$0.05$2.22$2.19$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.31$0.30$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.19$0.19$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.20$0.20$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.21$0.21$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.27$0.26$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.18$0.18$0.01
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.03$0.02$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00