Civic Intelligence

Ready Set Smile Pa

990 • Fiscal year 2021 • EIN 46-2229395

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 04, 2021

3751 17th Avenue SouthMinneapolis, MN 55407

(612) 721-6118

Siviq Scores

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

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

43rd percentile

3.9%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$32,392

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

57th percentile

11%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-27%

Faster revenue growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$268,681

Up $27,499 (+11%) from 2020

Net Assets

Up

$194,706

Up $14,697 (+8.2%) from 2020

Liabilities

Up

$73,975

Up $12,802 (+21%) from 2020

Revenue

Down

$380,165

Down $143,566 (-27%) from 2020

Expenses

Down

$365,468

Down $35,527 (-8.9%) from 2020

Net Income

Down

$14,697

Down $108,039 (-88%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $43,993Liabilities 2013: $6602013Assets 2014: $75,031Liabilities 2014: $3,3962014Assets 2015: $85,702Liabilities 2015: $13,242Net Assets 2015: $72,4602015Assets 2016: $37,424Liabilities 2016: $1,800Net Assets 2016: $35,6242016Assets 2017: $120,387Liabilities 2017: $0Net Assets 2017: $120,3872017Assets 2019: $60,771Liabilities 2019: $3,498Net Assets 2019: $57,2732019Assets 2020: $241,182Liabilities 2020: $61,173Net Assets 2020: $180,0092020Assets 2021: $268,681Liabilities 2021: $73,975Net Assets 2021: $194,7062021Assets 2022: $404,494Liabilities 2022: $16,324Net Assets 2022: $388,1702022Assets 2023: $530,444Liabilities 2023: $12,601Net Assets 2023: $517,8432023Assets 2024: $743,196Liabilities 2024: $35,306Net Assets 2024: $707,8902024

Highlighted filing

2021

Assets$268,681
Liabilities$73,975
Net Assets$194,706

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $79,857Expenses 2013: $36,524Net Income 2013: $43,3332013Revenue 2014: $145,634Expenses 2014: $83,313Net Income 2014: $62,3212014Revenue 2015: $208,227Expenses 2015: $207,402Net Income 2015: $8252015Revenue 2016: $254,157Expenses 2016: $290,993Net Income 2016: -$36,8362016Revenue 2017: $537,290Expenses 2017: $452,527Net Income 2017: $84,7632017Revenue 2019: $423,782Expenses 2019: $440,604Net Income 2019: -$16,8222019Revenue 2020: $523,731Expenses 2020: $400,995Net Income 2020: $122,7362020Revenue 2021: $380,165Expenses 2021: $365,468Net Income 2021: $14,6972021Revenue 2022: $616,117Expenses 2022: $422,653Net Income 2022: $193,4642022Revenue 2023: $705,130Expenses 2023: $575,457Net Income 2023: $129,6732023Revenue 2024: $1,054,976Expenses 2024: $872,475Net Income 2024: $182,5012024

Highlighted filing

2021

Revenue$380,165
Expenses$365,468
Net Income$14,697
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 4, 2021
Return Version
2020v4.0
Gross Receipts
$380,165
Mission and Program Overview

Mission

The mission of ready set smile (rss) is to prepare all children in the community to care for their oral health through preventative dental services and oral health education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$238,764$248,651▲ $9,887
Land, Buildings, and Equipment, Net-$9,390-
Prepaid Expenses and Deferred Charges$2,418$5,140▲ $2,722
Pledges and Grants Receivable-$5,000-
Total Assets$241,182$268,681▲ $27,499
Other Assets Total-$500-
Liabilities
Unsecured Notes Loans Payable$58,900$54,355▼ $4,545
Accounts Payable and Accrued Expenses$2,273$18,700▲ $16,427
Other Liabilities-$920-
Total Liabilities$61,173$73,975▲ $12,802
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$163,349$194,706▲ $31,357
Net Assets With Donor Restrictions$16,660--
Total Net Assets Fund Balance$180,009$194,706▲ $14,697
Total Liabilities and Net Assets / Fund Balance$241,182$268,681▲ $27,499

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,390$11,461$20,851
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
L Suzanne FustExecutive DiPT$32,392$32,392

Board Members and Trustees

NameTitle
Karl SelfChair
Judy PetersonVice Chair
Abdulkadair ShireBoard Member
Adele Della TorreBoard Member
Alice M OttaviBoard Member
Andrea LeylandBoard Member
Chad BogerBoard Member
Julie OseidBoard Member
Kendra WrightBoard Member
Ron FeldmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$279,258
Program Service Revenue
$41,143
Investment Income
$5
Other Revenue
$59,759
All Other Contributions
$267,071
Change in Net Assets
$14,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$244,921
Other Expenses$120,547
Total Fundraising Expense$48,046
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,056$114,301$31,511$180,868
Current Officers, Directors, Trustees, and Key Employees$32,260$14,279-$46,539
Information Technology$16,674$5,649$1,310$23,633
Fees for Services Other$730$16,357$4,680$21,767
Payroll Taxes$5,193$9,866$2,455$17,514
Office Expenses$6,222$7,605$2,893$16,720
Advertising$134$12,116$3,526$15,776
Fees for Services Accounting-$14,320-$14,320
Occupancy$3,216$6,938$1,325$11,479
Other Expenses$9,260-$144$9,404
Insurance$111$3,954$29$4,094
Depreciation Depletion$581$952$51$1,584
Conferences and Meetings$610$723$122$1,455
Travel$138$177-$315
Total Functional Expenses$110,185$207,237$48,046$365,468
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Accrued Expenses$920
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors are given a copy of the prepared form 990 at a monthly board meeting. The board is given an opportunity to review the form and to comment on or question the content. The form 990 is filed upon approval of the board executive committee.

Form 990, Page 6, Part VI, Line 12C

Board members are required annually to review and sign conflict of interest and whistleblower policy forms disclosing any potential conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The executive director is the only compensated manager, director or officer in the organization. The salary of the executive director is approved by the board and is based on salaries paid to those in similar positions in the nonprofit sector in minnesota.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ready Set Smile Pa
EIN
46-2229395
Phone
6127216118
Address
3751 17TH AVENUE SOUTH, MINNEAPOLIS, MN 55407

Signing Officer

Name
Alice M Ottavi
Title
Board Member
Phone
6127216118
Signed
2021-10-04

Organization Details

Principal Officer
Alice M Ottavi
Formed
2013
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
19
Volunteers
20

Preparer

Firm
Cummings Keegan & Co Pllp
Address
600 HIGHWAY 169 SOUTH STE 1625, ST LOUIS PARK, MN 55426-1209
Preparer
Jennifer Gostovic
Phone
9523452500
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Ready, set, smile is a school-based organization that provides on-site preventive dental services and classroom education in minneapolis to decrease oral health disparities in high-risk children. In the 2020- 2021 school year, ready, set, smile provided less than 400 children with dental services but was unable to teach in classrooms due to the covid-19 pandemic. Because of the pandemic, we pivoted to provide services in private dental practices that loaned us space and we hosted 5 community clinics. Schools where we were able to serve beginning in february included: risen christ catholic school, ascension catholic school, sojourner truth academy, stonebridge world school. Minneapolis early childhood centers we serve were: center of excellence, baby space, new horizon-south minneapolis, four. Directions family center about 32-35% of the children that the organization provides services to have no insurance and rss provides care at no cost to the families.

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05140
IRS990/PrincipalOfficerNm0ALICE M OTTAVI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1624100
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION
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IRS990/PYTotalRevenueAmt0523731
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0272524
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05
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IRS990ScheduleA/PublicSupportPY170Pct00.61960
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER ACCRUED EXPENSES
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IRS990ScheduleD/TotalLiabilityAmt0920
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0READY, SET, SMILE IS A SCHOOL-BASED ORGANIZATION THAT PROVIDES ON-SITE PREVENTIVE DENTAL SERVICES AND CLASSROOM EDUCATION IN MINNEAPOLIS TO DECREASE ORAL HEALTH DISPARITIES IN HIGH-RISK CHILDREN. IN THE 2020- 2021 SCHOOL YEAR, READY, SET, SMILE PROVIDED LESS THAN 400 CHILDREN WITH DENTAL SERVICES BUT WAS UNABLE TO TEACH IN CLASSROOMS DUE TO THE COVID-19 PANDEMIC. BECAUSE OF THE PANDEMIC, WE PIVOTED TO PROVIDE SERVICES IN PRIVATE DENTAL PRACTICES THAT LOANED US SPACE AND WE HOSTED 5 COMMUNITY CLINICS. SCHOOLS WHERE WE WERE ABLE TO SERVE BEGINNING IN FEBRUARY INCLUDED: RISEN CHRIST CATHOLIC SCHOOL, ASCENSION CATHOLIC SCHOOL, SOJOURNER TRUTH ACADEMY, STONEBRIDGE WORLD SCHOOL. MINNEAPOLIS EARLY CHILDHOOD CENTERS WE SERVE WERE: CENTER OF EXCELLENCE, BABY SPACE, NEW HORIZON-SOUTH MINNEAPOLIS, FOUR. DIRECTIONS FAMILY CENTER ABOUT 32-35% OF THE CHILDREN THAT THE ORGANIZATION PROVIDES SERVICES TO HAVE NO INSURANCE AND RSS PROVIDES CARE AT NO COST TO THE FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE GIVEN A COPY OF THE PREPARED FORM 990 AT A MONTHLY BOARD MEETING. THE BOARD IS GIVEN AN OPPORTUNITY TO REVIEW THE FORM AND TO COMMENT ON OR QUESTION THE CONTENT. THE FORM 990 IS FILED UPON APPROVAL OF THE BOARD EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED ANNUALLY TO REVIEW AND SIGN CONFLICT OF INTEREST AND WHISTLEBLOWER POLICY FORMS DISCLOSING ANY POTENTIAL CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR IS THE ONLY COMPENSATED MANAGER, DIRECTOR OR OFFICER IN THE ORGANIZATION. THE SALARY OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD AND IS BASED ON SALARIES PAID TO THOSE IN SIMILAR POSITIONS IN THE NONPROFIT SECTOR IN MINNESOTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0279258
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0110185
IRS990/TotalFunctionalExpensesGrp/TotalAmt0365468
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt073975
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0180009
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IRS990/TotalProgramServiceExpensesAmt0110185
IRS990/TotalProgramServiceRevenueAmt041143
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0380165
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0241182
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0268681
IRS990/TravelGrp/ManagementAndGeneralAmt0177
IRS990/TravelGrp/ProgramServicesAmt0138
IRS990/TravelGrp/TotalAmt0315
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt058900
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt054355
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03751 17TH AVE S
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055407
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.READYSETSMILE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALICE M OTTAVI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum06127216118
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READY SET SMILE PA
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0462229395

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