Civic Intelligence

Spring Street Community Development

990 • Fiscal year 2020 • EIN 45-0942880

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

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

61st percentile

0.30x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Net Margin

42nd percentile

1.7%

Higher net margin than 42% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

35th percentile

$16,400

Higher top officer pay than 35% of similar nonprofits.

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

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Asset Growth

99th percentile

418%

Faster asset growth than 99% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

615%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$71,495

Up $57,702 (+418%) from 2019

Net Assets

Up

$49,960

Up $37,667 (+306%) from 2019

Liabilities

Up

$21,535

Up $20,035 (+1336%) from 2019

Revenue

Up

$2,223,992

Up $1,912,849 (+615%) from 2019

Expenses

Up

$2,186,325

Up $1,883,576 (+622%) from 2019

Net Income

Up

$37,667

Up $29,273 (+349%) from 2019

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

2020

Assets$71,495
Liabilities$21,535
Net Assets$49,960

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

2020

Revenue$2,223,992
Expenses$2,186,325
Net Income$37,667
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$2,223,992
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
Land, Buildings, and Equipment, Net$1,000$56,782▲ $55,782
Cash and Non-Interest-Bearing Accounts$7,395$14,713▲ $7,318
Pledges and Grants Receivable$5,398--
Total Assets$13,793$71,495▲ $57,702
Liabilities
Accounts Payable and Accrued Expenses$1,500$21,535▲ $20,035
Total Liabilities$1,500$21,535▲ $20,035
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,293$49,960▲ $37,667
Total Net Assets Fund Balance$12,293$49,960▲ $37,667
Total Liabilities and Net Assets / Fund Balance$13,793$71,495▲ $57,702

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$46,235-$46,235
Equipment$10,547-$10,547
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Teresa WilliamsExecutive DirectorPT$16,400$16,400

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,223,973
Program Service Revenue
$0
Investment Income
$19
Other Revenue
$0
All Other Contributions
$2,199,733
Change in Net Assets
$37,667

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 Inventory1,896,068$1,896,068Wholesale Bulk Valuation
Total Noncash Contributions1,896,068$1,896,068-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,094,668
Salaries, Compensation, and Employee Benefits$91,657
Total Fundraising Expense$2,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,981$28,344$1,710$84,035
Fees for Services Other$40,773$0$0$40,773
All Other Expenses$14,979$5,027$302$20,308
Insurance$12,425$4,171$251$16,847
Occupancy$10,509$3,528$213$14,250
Payroll Taxes$5,621$1,887$114$7,622
Other Expenses$0$3,477$0$3,477
Fees for Services Accounting$0$1,849$0$1,849
Total Functional Expenses$2,128,936$54,428$2,961$2,186,325
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
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
2021-10-15
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
6
Volunteers
568

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

Form 990, Part III, Line 4D

New life recovery & reentry program 2544. 0. 0.

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IRS990/OtherExpensesGrp/TotalAmt176274
IRS990/OtherExpensesGrp/TotalAmt21896068
IRS990/OtherExpensesGrp/TotalAmt33477
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01710
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028344
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt053981
IRS990/OtherSalariesAndWagesGrp/TotalAmt084035
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0114
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01887
IRS990/PayrollTaxesGrp/ProgramServicesAmt05621
IRS990/PayrollTaxesGrp/TotalAmt07622
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05398
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/ExpenseAmt038716
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/ExpenseAmt038753
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NEW LIFE RECOVERY & REENTRY PROGRAM
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02544
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0311142
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0241621
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt08394
IRS990/PYSalariesCompEmpBnftPaidAmt061128
IRS990/PYTotalExpensesAmt0302749
IRS990/PYTotalRevenueAmt0311143
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt037667
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02223973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0311142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0189671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0198671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0205180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03128637
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt023
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79380
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.97830
IRS990ScheduleA/PublicSupportTotal170Amt02483566
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0645071
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02223973
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0311142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0189671
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0198671
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0205180
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03128637
IRS990ScheduleA/TotalSupportAmt03128660
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/EquipmentGrp/BookValueAmt010547
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010547
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt046235
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046235
IRS990ScheduleD/TotalBookValueLandBuildingsAmt056782
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01896068
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0WHOLESALE BULK VALUATION
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt01896068
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/ExplanationTxt6NEW LIFE RECOVERY & REENTRY PROGRAM 2544. 0. 0.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part III, Line 4d
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013793
IRS990/TotalAssetsEOYAmt071495
IRS990/TotalAssetsGrp/BOYAmt013793

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
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.05$2.22$2.19$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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