Civic Intelligence

Schoolnova at Stony Brook Inc.

990 • Fiscal year 2015 • EIN 46-2930613

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

4 Mondavi LnEast Setauket, NY 11733

(631) 615-4215

Siviq Scores

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

Liabilities / Assets

86th percentile

0.22x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.04x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Net Margin

37th percentile

-1.0%

Higher net margin than 37% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$69,431

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

111%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$57,513

Up $9,206 (+19%) from 2014

Net Assets

$44,988

No earlier filing loaded for comparison.

Liabilities

Up

$12,525

Up $12,525 from 2014

Revenue

Up

$281,952

Up $148,265 (+111%) from 2014

Expenses

Up

$284,863

Up $199,483 (+234%) from 2014

Net Income

Down

-$2,911

Down $51,218 (-106%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $48,307Liabilities 2014: $02014Assets 2015: $57,513Liabilities 2015: $12,525Net Assets 2015: $44,9882015Assets 2016: $107,080Liabilities 2016: $10,171Net Assets 2016: $96,9092016Assets 2017: $154,362Liabilities 2017: $5,954Net Assets 2017: $148,4082017Assets 2018: $190,818Liabilities 2018: $2,143Net Assets 2018: $188,6752018Assets 2019: $252,182Liabilities 2019: $2,867Net Assets 2019: $249,3152019Assets 2020: $441,467Liabilities 2020: $74,312Net Assets 2020: $367,1552020Assets 2021: $592,292Liabilities 2021: $161,510Net Assets 2021: $430,7822021Assets 2022: $642,369Liabilities 2022: $4,099Net Assets 2022: $638,2702022Assets 2023: $695,048Liabilities 2023: $3,466Net Assets 2023: $691,5822023Assets 2024: $832,178Liabilities 2024: $1,781Net Assets 2024: $830,3972024Assets 2025: $1,074,880Liabilities 2025: $141,608Net Assets 2025: $933,2722025

Highlighted filing

2015

Assets$57,513
Liabilities$12,525
Net Assets$44,988

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $133,687Expenses 2014: $85,380Net Income 2014: $48,3072014Revenue 2015: $281,952Expenses 2015: $284,863Net Income 2015: -$2,9112015Revenue 2016: $339,307Expenses 2016: $287,386Net Income 2016: $51,9212016Revenue 2017: $373,713Expenses 2017: $321,953Net Income 2017: $51,7602017Revenue 2018: $429,102Expenses 2018: $388,835Net Income 2018: $40,2672018Revenue 2019: $520,795Expenses 2019: $460,155Net Income 2019: $60,6402019Revenue 2020: $606,871Expenses 2020: $488,670Net Income 2020: $118,2012020Revenue 2021: $612,425Expenses 2021: $548,317Net Income 2021: $64,1082021Revenue 2022: $707,299Expenses 2022: $499,811Net Income 2022: $207,4882022Revenue 2023: $576,126Expenses 2023: $522,814Net Income 2023: $53,3122023Revenue 2024: $640,643Expenses 2024: $544,291Net Income 2024: $96,3522024Revenue 2025: $660,081Expenses 2025: $557,206Net Income 2025: $102,8752025

Highlighted filing

2015

Revenue$281,952
Expenses$284,863
Net Income-$2,911
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$281,952
Mission and Program Overview

Mission

The purpose of the corporation is for the advancement of education within the meaning of section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code to maintain and operate a weekend enrichment program and related activities for prek-12 children as a notforprofit enterprise. The corporation also has such powers as are now or may hereafter be granted by the general not-for-profit corporation act of the state of new york.

The purpose of the corporation is for the advancement of education within the meaning of Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code; to maintain and operate a weekend enrichment program and related activities for preK-12 children as a not-for-profit enterprise. The corporation also has such powers as are now or may hereafter be granted by the General Not-for-Profit Corporation Act of the State of New York.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,967$55,922▲ $9,955
Rtn Earn Endowment Incm Other Fnds$47,899$44,988▼ $2,911
Land, Buildings, and Equipment, Net$2,340$1,591▼ $749
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$48,307$57,513▲ $9,206
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$408$12,525▲ $12,117
Total Liabilities$408$12,525▲ $12,117
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,899$44,988▼ $2,911
Total Liabilities and Net Assets / Fund Balance$48,307$57,513▲ $9,206

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,591$749$2,340
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marina PolonskaiaCEOPT$69,431$69,431

Board Members and Trustees

NameTitle
Elena SadovPresident
Irina KarlovaVice President
Andreea DragutTrustee
Corina MataTrustee
Dmitri KharzeevTrustee
Victoria BershadskyTrustee
Alexander AbanovSecretary
Saranto CalamasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,500
Program Service Revenue
$278,452
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,500
Change in Net Assets
$-2,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$206,587
Other Expenses$78,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,745--$106,745
Current Officers, Directors, Trustees, and Key Employees-$69,431-$69,431
Payroll Taxes$18,551$11,860-$30,411
Insurance$7,272$4,650-$11,922
Fees for Services Other$5,114--$5,114
Fees for Services Accounting$4,012--$4,012
All Other Expenses$1,760$1,828-$3,588
Other Expenses$3,447$2,102-$2,102
Advertising$1,226--$1,226
Information Technology$579$370-$949
Depreciation Depletion$749--$749
Office Expenses-$529-$529
Interest$50--$50
Total Functional Expenses$186,482$98,381$0$284,863
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 1A: Explanation of Delegated Broad Authority to Committee

Decisions of the Board of Directors are subject to approval by all members.

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Alexander Abanov

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Worker's comensation policy management, payroll, human resource management and compliance , bookkeeping

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Decisions of the board of directors are subject to approval by all members

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Directors hold a committee meeting, discuss and approve all changes in compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board of Directors hold a committee meeting, discuss and approve all changes in compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, Conflicts of Interest Policies and Financial Statements are furnished upon request.

Filing and Contact Details

Filer

Filer Name
SchoolNova at Stony Brook Inc
EIN
46-2930613
Address
4 Mondavi Ln, East Setauket, NY 11733

Signing Officer

Name
Marina Polonskaia
Title
Executive Director
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marina Polonskaia
Formed
2013
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
20

Preparer

Firm
Saranto P Calamas CPA
Address
640D Belle Terre Rd, PORT JEFFERSON, NY 11777
Preparer
Saranto Calamas CPA
Phone
6319280002
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IRS990/OtherExpensesGrp/TotalAmt25745
IRS990/OtherExpensesGrp/TotalAmt32102
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0106745
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106745
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011860
IRS990/PayrollTaxesGrp/ProgramServicesAmt018551
IRS990/PayrollTaxesGrp/TotalAmt030411
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Marina Polonskaia
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0278452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0278452
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2911
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt047899
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt044988
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01591
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0749
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02340
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01591
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Decisions of the Board of Directors are subject to approval by all members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Alexander Abanov
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WORKER'S COMENSATION POLICY MANAGEMENT, PAYROLL, HUMAN RESOURCE MANAGEMENT AND COMPLIANCE , BOOKKEEPING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY ALL MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors hold a committee meeting, discuss and approve all changes in compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Board of Directors hold a committee meeting, discuss and approve all changes in compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents, Conflicts of Interest Policies and Financial Statements are furnished upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt048307
IRS990/TotalAssetsEOYAmt057513
IRS990/TotalAssetsGrp/BOYAmt048307
IRS990/TotalAssetsGrp/EOYAmt057513
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098381
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186482
IRS990/TotalFunctionalExpensesGrp/TotalAmt0284863
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0408
IRS990/TotalLiabilitiesEOYAmt012525
IRS990/TotalLiabilitiesGrp/BOYAmt0408
IRS990/TotalLiabilitiesGrp/EOYAmt012525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047899
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044988
IRS990/TotalProgramServiceExpensesAmt0186482
IRS990/TotalProgramServiceRevenueAmt0278452
IRS990/TotalReportableCompFromOrgAmt069431
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0278452
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0281952
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048307
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt057513
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0408
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt012525
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Marina Polonskaia
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SchoolNova at Stony Brook Inc
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0462930613
ReturnHeader/Filer/USAddress/AddressLine1Txt04 Mondavi Ln
ReturnHeader/Filer/USAddress/CityNm0East Setauket
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011733

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.07$0.14$0.93$0.66$0.56$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.00$0.83$0.64$0.54$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.69$0.58$0.52$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.71$0.50$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.16$0.43$0.61$0.55$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.07$0.37$0.61$0.49$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.52$0.46$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$0.43$0.39$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.01$0.15$0.37$0.32$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.34$0.29$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.04$0.28$0.28$0.00
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.13$0.09$0.05
Peer Organizations

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