Civic Intelligence

All Five

990 • Fiscal year 2023 • EIN 45-2334963

Sep 01, 2022 to Aug 31, 2023 • Filed on Dec 14, 2023

5 Reyna PlaceMenlo Park, CA 94025

(650) 387-8268

Siviq Scores

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

Liabilities / Assets

30th percentile

0.03x

Higher debt load relative to assets than 30% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

25th percentile

0.05x

Higher debt load relative to revenue than 25% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

43rd percentile

$110,338

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

74%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,193,296

Up $1,395,137 (+37%) from 2022

Net Assets

Up

$5,022,534

Up $1,352,046 (+37%) from 2022

Liabilities

Up

$170,762

Up $43,091 (+34%) from 2022

Revenue

Up

$3,413,810

Up $1,457,086 (+74%) from 2022

Expenses

Up

$2,061,613

Up $631,115 (+44%) from 2022

Net Income

Up

$1,352,197

Up $825,971 (+157%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $85,374Liabilities 2015: $2,584Net Assets 2015: $82,7902015Assets 2016: $218,397Liabilities 2016: -$5,267Net Assets 2016: $223,6642016Assets 2017: $396,246Liabilities 2017: $11,422Net Assets 2017: $384,8242017Assets 2018: $591,260Liabilities 2018: $15,155Net Assets 2018: $576,1052018Assets 2019: $824,460Liabilities 2019: $94,363Net Assets 2019: $730,0972019Assets 2020: $1,967,072Liabilities 2020: $22,408Net Assets 2020: $1,944,6642020Assets 2021: $3,292,542Liabilities 2021: $148,280Net Assets 2021: $3,144,2622021Assets 2022: $3,798,159Liabilities 2022: $127,671Net Assets 2022: $3,670,4882022Assets 2023: $5,193,296Liabilities 2023: $170,762Net Assets 2023: $5,022,5342023Assets 2024: $6,138,502Liabilities 2024: $138,907Net Assets 2024: $5,999,5952024Assets 2025: $6,318,619Liabilities 2025: $96,103Net Assets 2025: $6,222,5162025

Highlighted filing

2023

Assets$5,193,296
Liabilities$170,762
Net Assets$5,022,534

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2015: $113,714Expenses 2015: $76,954Net Income 2015: $36,7602015Revenue 2016: $398,841Expenses 2016: $257,967Net Income 2016: $140,8742016Revenue 2017: $523,555Expenses 2017: $362,395Net Income 2017: $161,1602017Revenue 2018: $679,282Expenses 2018: $493,348Net Income 2018: $185,9342018Revenue 2019: $833,200Expenses 2019: $679,207Net Income 2019: $153,9932019Revenue 2020: $1,998,406Expenses 2020: $783,150Net Income 2020: $1,215,2562020Revenue 2021: $2,081,963Expenses 2021: $882,365Net Income 2021: $1,199,5982021Revenue 2022: $1,956,724Expenses 2022: $1,430,498Net Income 2022: $526,2262022Revenue 2023: $3,413,810Expenses 2023: $2,061,613Net Income 2023: $1,352,1972023Revenue 2024: $3,858,068Expenses 2024: $2,690,152Net Income 2024: $1,167,9162024Revenue 2025: $2,958,875Expenses 2025: $2,730,246Net Income 2025: $228,6292025

Highlighted filing

2023

Revenue$3,413,810
Expenses$2,061,613
Net Income$1,352,197
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Dec 14, 2023
Return Version
2022v5.0
Gross Receipts
$3,413,810
Mission and Program Overview

Mission

The mission of All Five is to empower all families to choose a high quality early childhood education for their children. We offer a full-day, year-around program for children and their families between the ages of 0-5.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,670,488$5,022,534▲ $1,352,046
Land, Buildings, and Equipment, Net$2,216,969$2,454,478▲ $237,509
Cash and Non-Interest-Bearing Accounts$1,432,324$2,423,276▲ $990,952
Accounts Receivable$116,750$283,566▲ $166,816
Prepaid Expenses and Deferred Charges$31,976$31,976→ $0
Savings and Temporary Cash Investments$140--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,798,159$5,193,296▲ $1,395,137
Liabilities
Accounts Payable and Accrued Expenses$120,171$157,762▲ $37,591
Deferred Revenue$7,500$13,000▲ $5,500
Total Liabilities$127,671$170,762▲ $43,091
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,670,488$5,022,534▲ $1,352,046
Total Liabilities and Net Assets / Fund Balance$3,798,159$5,193,296▲ $1,395,137

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,395,780-$2,395,780
Equipment$58,698-$58,698
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol ThomsenPresidentFT$110,338$110,338

Board Members and Trustees

NameTitle
Jenna Wachtel PronovostBoard Chair
Jenny MedinaDirector
Leonie WalkerDirector
Mary DentDirector
Ryan CarlonDirector
Diana RamirezSecretary
Roger HansenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,609,958
Program Service Revenue
$1,777,955
Investment Income
$25,897
Other Revenue
$0
All Other Contributions
$1,237,700
Change in Net Assets
$1,352,197

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$228,576Fair Market Value
Total Noncash Contributions4$228,576-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,532,003
Other Expenses$505,610
Professional Fundraising Fees$24,000
Total Fundraising Expense$24,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$937,979$223,179-$1,161,158
Payroll Taxes$107,108$39,188-$146,296
Current Officers, Directors, Trustees, and Key Employees-$120,000-$120,000
Occupancy$115,260--$115,260
Other Employee Benefits$76,544$28,005-$104,549
Fees for Services Accounting-$84,000-$84,000
Office Expenses$35,190$25,064-$60,254
Fees for Services Management-$60,000-$60,000
Travel$28,223--$28,223
Fees for Services Professional Fundraising--$24,000$24,000
Fees for Services Other$18,482$3,592-$22,074
Insurance$11,542--$11,542
Advertising-$3,865-$3,865
Other Expenses$90$40,356-$90
Total Functional Expenses$1,410,364$627,249$24,000$2,061,613
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$24,000
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
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
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

The process followed for review of the Form 990 is to distribute it prior to the Board of Directors meeting for independent review by the Board members. At the Board meeting, the Form 990 is presented and any questions that arise are discussed and addressed.

Form 990, Part VI, Section B, line 15A

Carol Thomsen, President of All Five, is precluded from voting and approving her personal compensation. The independent members of the All Five board of directors review and approve Carol's compensation.

Form 990, Part VI, Section C, line 19

All Five's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
All Five
EIN
45-2334963
Phone
6503878268
Address
5 Reyna Place, Menlo Park, CA 94025

Signing Officer

Name
Carol Thomsen
Title
President
Phone
6503878268
Signed
2023-12-14

Organization Details

Principal Officer
Carol Thomsen
Formed
2011
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
7
Employees
27
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Prior period adjustment -151.

Raw XML AppendixShowing 400 of 420 raw XML fields

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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IRS990/Desc0Sixteen teachers, four support staff and additional consultants provide early childhood education including an infant and todler program, nutrition and exercise, guidance and wide variety of learning opportunities for 66 children 50 weeks per year, 10 hours per day. 33 students come from low-income families subsidized by a state contract, and 33 from middle and high-income families on sliding scale tuition based on their ability to pay.The team also provides family support and education through family conferences, family co-opting time in the classroom, family education monthly night meetings, assistance finding and securing special needs support if needed and by being a model of best practices for the community.Expanded to double in size, including and infant and todler program. Added three new classrooms, larger yard and space for offices. Early care and education program includes all meals, excellent care and guidance, beautiful facility and is inclusive to all children and their families regardless of their ability to pay.
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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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt058698
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058698
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02395780
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02395780
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02454478
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/ExplanationTxt0All Five's website, marketing materials, grant proposals, handbooks, as well as our application all contain the statement: Statement of Non-discrimination All Five does not discrimate based on race, color, religion, national or ethnic orgin, sex, sexual orientation, marital status, or any characteristic protected under applicable federal or state law in administration of its educational policies, admission policies, scholorship and loan programs and other school-administered programs.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1San Mateo County of Education $1,308,454 California Department of Education $372,258 Federal Child and Adult Care Food Program $45,136
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Strategy & Marketing Services
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt024000
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Karen Pace
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0302 Selby Lane
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Atherton
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd094027
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0For services rendered to provide marketing and strategies to increase fundraising for school operations and school expansion
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule G, Part I, Line 2b, Column (v)
IRS990ScheduleG/TotalNetToOrganizationAmt024000
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0228576
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0Contributed publicly traded securities are sold through a broker
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 32b:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The process followed for review of the Form 990 is to distribute it prior to the Board of Directors meeting for independent review by the Board members. At the Board meeting, the Form 990 is presented and any questions that arise are discussed and addressed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Carol Thomsen, President of All Five, is precluded from voting and approving her personal compensation. The independent members of the All Five board of directors review and approve Carol's compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Five's governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prior period adjustment -151.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03798159
IRS990/TotalAssetsEOYAmt05193296
IRS990/TotalAssetsGrp/BOYAmt03798159
IRS990/TotalAssetsGrp/EOYAmt05193296
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01609958
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0627249
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01410364
IRS990/TotalFunctionalExpensesGrp/TotalAmt02061613
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0127671
IRS990/TotalLiabilitiesEOYAmt0170762
IRS990/TotalLiabilitiesGrp/BOYAmt0127671
IRS990/TotalLiabilitiesGrp/EOYAmt0170762
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03670488
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05022534
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01410364
IRS990/TotalProgramServiceRevenueAmt01777955
IRS990/TotalReportableCompFromOrgAmt0110338
IRS990/TotalRevenueGrp/ExclusionAmt025897
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01777955
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03413810
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03798159
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05193296
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt028223
IRS990/TravelGrp/TotalAmt028223
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05 Reyna Place
IRS990/USAddress/CityNm0Menlo Park
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094025
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.allfive.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z

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