Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Marching Towards Success Inc
EIN 46-1149236 • 501(c)3 • Worcester, MA
Profile
Daycare for veterans children
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
21.12x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 17.2% of source-year revenue.
Asset Growth
15th percentile
Faster asset growth than 15% of similar nonprofits.
Revenue Growth
8th percentile
Faster revenue growth than 8% of similar nonprofits.
Balance Sheet
Assets
Down$925
Down $1,401 (-60%) from 2015
Liabilities
Up$19,536
Up $7,017 (+56%) from 2015
Net Assets
Down-$18,611
Down $8,418 (-83%) from 2015
Revenue
Down$27,889
Down $136,188 (-83%) from 2015
Expenses
Down$32,807
Down $131,659 (-80%) from 2015
Net Income
Down-$4,918
Down $4,529 (-1164%) from 2015
Trend Graphs
Filings
Most recent year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $925
- Liabilities
- $19,536
- Net assets
- -$18,611
- Revenue
- $27,889
- Expenses
- $32,807
- Net income
- -$4,918
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 15, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $27,889
Mission and Program Overview
Mission
Daycare for veterans children
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DAYCARE FOR VETERANS CHILDREN | - | $32,807 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LISA BOUSBOURAS | President/Tr | PT | $4,800 | - | $4,800 |
| JENNIFER ALLEN | Clerk | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Marching Towards Success Inc
- EIN
- 46-1149236
- Phone
- 5087913227
- Address
- 6 SHERIDAN STREET, WORCESTER, MA 01605
Signing Officer
- Name
- Lisa Bousbouras
- Title
- President/treasurer
- Phone
- 8004822565
- Signed
- 2017-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Guyder Hurley Pc
- Address
- 100 GRANDVIEW RD STE 320, BRAINTREE, MA 02184-2691
- Preparer
- J Thomas Hurley
- Phone
- 6173766226
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 355 supplies 692 bank fee 99 payroll expense 804 transportation 73 insurance 811 total 2,834”
Form 990-ez, Part I, Line 20
“Py adjustment increasing due to veterans -3,500”
Form 990-ez, Part II, Line 24
“Accounts receivable 695 925 total 695 925”
Form 990-ez, Part II, Line 26
“Due to veterans inc 12,519 19,448 bank overdraft 0 88”
Form 990-ez, Part V, Line 33
“On march 13, 2016, the organization's board members passed a resolution to cease operations. The decision was made due to insufficient revenue generated by organization's operating activities and a consistent increase in related party payables over the years. In addition, the organization's student enrollment was suspended, and the eec funding was discontinued due to noncompliance with the eec compliance requirements.”
Raw XML Appendix142 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | true |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LISA BOUSBOURAS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8004822565 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6 SHERIDAN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WORCESTER |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01605 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1631 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 24964 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4918 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2395 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2326 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 925 |
| IRS990EZ/GrossReceiptsAmt | 0 | 27889 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -10193 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -18611 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -10193 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -18611 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 210 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 4800 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LISA BOUSBOURAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JENNIFER ALLEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CLERK |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 695 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 925 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -3500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2834 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | DAYCARE FOR VETERANS CHILDREN |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 2925 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DAYCARE FOR VETERANS CHILDREN |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 32807 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27368 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 12519 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 19536 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 32807 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32807 |
| IRS990EZ/TotalRevenueAmt | 0 | 27889 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 24964 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 136795 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 143274 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 305033 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 2925 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 27282 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 31051 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 108499 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 169757 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 474790 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 27889 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 164077 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 174325 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108499 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 474790 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 27889 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 164077 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 174325 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 108499 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 474790 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 355 SUPPLIES 692 BANK FEE 99 PAYROLL EXPENSE 804 TRANSPORTATION 73 INSURANCE 811 TOTAL 2,834 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PY ADJUSTMENT INCREASING DUE TO VETERANS -3,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 695 925 TOTAL 695 925 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DUE TO VETERANS INC 12,519 19,448 BANK OVERDRAFT 0 88 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ON MARCH 13, 2016, THE ORGANIZATION'S BOARD MEMBERS PASSED A RESOLUTION TO CEASE OPERATIONS. THE DECISION WAS MADE DUE TO INSUFFICIENT REVENUE GENERATED BY ORGANIZATION'S OPERATING ACTIVITIES AND A CONSISTENT INCREASE IN RELATED PARTY PAYABLES OVER THE YEARS. IN ADDITION, THE ORGANIZATION'S STUDENT ENROLLMENT WAS SUSPENDED, AND THE EEC FUNDING WAS DISCONTINUED DUE TO NONCOMPLIANCE WITH THE EEC COMPLIANCE REQUIREMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART V, LINE 33 |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA BOUSBOURAS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8004822565 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MARCHING TOWARDS SUCCESS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MARC |
| ReturnHeader/Filer/EIN | 0 | 461149236 |
| ReturnHeader/Filer/PhoneNum | 0 | 5087913227 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6 SHERIDAN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WORCESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 01605 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 336CE3EE59BE6077332C5211F1FC94BA34208EE5 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 336CE3EE59BE6077332C5211F1FC94BA34208EE5 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043520245 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GUYDER HURLEY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 100 GRANDVIEW RD STE 320 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BRAINTREE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 021842691 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6173766226 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | J THOMAS HURLEY |
| ReturnHeader/ReturnTs | 0 | 2017-11-15T15:45:56-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
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