Civic Intelligence

Ourschoolsinc

990EZ • Fiscal year 2018 • EIN 47-3093152

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 28, 2018

100 Cummings Center Suite 236CBeverly, MA 01915

(978) 921-1674

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-35%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-68%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$222,981

Down $155,092 (-41%) from 2017

Net Assets

Down

$220,301

Down $61,098 (-22%) from 2017

Liabilities

Down

$2,680

Down $93,994 (-97%) from 2017

Revenue

Down

$175,000

Down $379,800 (-68%) from 2017

Expenses

Down

$236,098

Down $122,170 (-34%) from 2017

Net Income

Down

-$61,098

Down $257,630 (-131%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $85,653Liabilities 2016: $786Net Assets 2016: $84,8672016Assets 2017: $378,073Liabilities 2017: $96,674Net Assets 2017: $281,3992017Assets 2018: $222,981Liabilities 2018: $2,680Net Assets 2018: $220,3012018Assets 2019: $216,416Liabilities 2019: $810Net Assets 2019: $215,6062019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$222,981
Liabilities$2,680
Net Assets$220,301

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $150,000Expenses 2016: $65,133Net Income 2016: $84,8672016Revenue 2017: $554,800Expenses 2017: $358,268Net Income 2017: $196,5322017Revenue 2018: $175,000Expenses 2018: $236,098Net Income 2018: -$61,0982018Revenue 2019: $50,000Expenses 2019: $54,695Net Income 2019: -$4,6952019Revenue 2020: $0Expenses 2020: $215,606Net Income 2020: -$215,6062020

Highlighted filing

2018

Revenue$175,000
Expenses$236,098
Net Income-$61,098
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 28, 2018
Return Version
2017v2.3
Gross Receipts
$175,000
Mission and Program Overview

Mission

To empower every student to pursue a life pathway without limits for their own benefit and the betterment of the world.

The purpose of ourschools is to empower every student to pursue a life pathway without limits for their own benefit and the betterment of the world. Ourschools will accomplish this mission by developing a network of turnaround middle and high school programs.

Program Services

DescriptionGrantsExpenses
IN FY18, OURSCHOOLS COMPLETED A SUCCESSFUL PILOT WITH HOLYOKE PUBLIC SCHOOLS AND EXPANDED THE PROGRAM WITHIN HOLYOKE PUBLIC SCHOOLS. THE PROGRAM NOW SERVES APPROXIMATELY 200 STUDENTS.$0$187,001
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT P MAZZARELLADirector-$0--
AIDA RAMOSDirector-$0--
KIMBERLY A WECHTENHISERTrasurer-$0--
LEDYARD MCFADDENSecretaryPT$0--
SUSAN MILLER CAREOPresident-$0--
Filing and Contact Details

Filer

Filer Name
Ourschoolsinc
EIN
47-3093152
Phone
9789211674
Address
100 CUMMINGS CENTER SUITE 236C, BEVERLY, MA 01915

Signing Officer

Name
Ledyard Mcfadden
Title
Secretary
Phone
9789211674
Signed
2018-09-28
Discuss with paid preparer
Yes

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
John Buckley CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant. Grantee name: william r. Peck school. Grantee address: 1916 northampton st, holyoke, ma 01040. Amount given: 5,761.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: travel and meetings. Amount: 23,938. Description: consulting. Amount: 67,146. Description: supplies. Amount: 13,210. Description: books and subscriptions. Amount: 2,500. Description: workshops. Amount: 867. Description: telephone. Amount: 851. Description: recruiting. Amount: 774. Description: miscellaneous. Amount: 527. Description: facilities and equipment. Amount: 1,940. Description: insurance. Amount: 6,421. Total to form 990-ez, line 16: 118,174.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 508. Description: contract receivable. Beg. Of year amount: 102,000. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 96,674. End of year amount: 2,680.

Part V, Line 34

Ourschools made changes to its bylaws and articles of organization during fiscal year 2018. Changes consisted of the following: article ii: the original article ii has been deleted and a new article ii inserted in place thereof. Article iii: the words "n/a" in the original article iii have been deleted and "the corporation has no members inserted in place thereof. Article iv: the original article iv has been deleted and a new article iv inserted in its place. The powers of the corporation originally described in section 1 are now described in the new section 1. Provisions regarding dissolution, private inurement and lobbying originally contained in original section 2 are now described in new sections 5, 2 and 3 respectively. The limitation on directors and officers' liability contained in the original section 3 are now as described in new section 6. Original sections 4 and 5 have been eliminated.

Raw XML Appendix161 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT P MAZZARELLA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KIMBERLY A WECHTENHISER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LEDYARD MCFADDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUSAN MILLER CAREO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0102000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0508
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt0118174
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF OURSCHOOLS IS TO EMPOWER EVERY STUDENT TO PURSUE A LIFE PATHWAY WITHOUT LIMITS FOR THEIR OWN BENEFIT AND THE BETTERMENT OF THE WORLD. OURSCHOOLS WILL ACCOMPLISH THIS MISSION BY DEVELOPING A NETWORK OF TURNAROUND MIDDLE AND HIGH SCHOOL PROGRAMS.
IRS990EZ/PrintingPublicationsPostageAmt03178
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: WILLIAM R. PECK SCHOOL. GRANTEE ADDRESS: 1916 NORTHAMPTON ST, HOLYOKE, MA 01040. AMOUNT GIVEN: 5,761.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 23,938. DESCRIPTION: CONSULTING. AMOUNT: 67,146. DESCRIPTION: SUPPLIES. AMOUNT: 13,210. DESCRIPTION: BOOKS AND SUBSCRIPTIONS. AMOUNT: 2,500. DESCRIPTION: WORKSHOPS. AMOUNT: 867. DESCRIPTION: TELEPHONE. AMOUNT: 851. DESCRIPTION: RECRUITING. AMOUNT: 774. DESCRIPTION: MISCELLANEOUS. AMOUNT: 527. DESCRIPTION: FACILITIES AND EQUIPMENT. AMOUNT: 1,940. DESCRIPTION: INSURANCE. AMOUNT: 6,421. TOTAL TO FORM 990-EZ, LINE 16: 118,174.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 508. DESCRIPTION: CONTRACT RECEIVABLE. BEG. OF YEAR AMOUNT: 102,000. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 96,674. END OF YEAR AMOUNT: 2,680.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OURSCHOOLS MADE CHANGES TO ITS BYLAWS AND ARTICLES OF ORGANIZATION DURING FISCAL YEAR 2018. CHANGES CONSISTED OF THE FOLLOWING: ARTICLE II: THE ORIGINAL ARTICLE II HAS BEEN DELETED AND A NEW ARTICLE II INSERTED IN PLACE THEREOF. ARTICLE III: THE WORDS "N/A" IN THE ORIGINAL ARTICLE III HAVE BEEN DELETED AND "THE CORPORATION HAS NO MEMBERS INSERTED IN PLACE THEREOF. ARTICLE IV: THE ORIGINAL ARTICLE IV HAS BEEN DELETED AND A NEW ARTICLE IV INSERTED IN ITS PLACE. THE POWERS OF THE CORPORATION ORIGINALLY DESCRIBED IN SECTION 1 ARE NOW DESCRIBED IN THE NEW SECTION 1. PROVISIONS REGARDING DISSOLUTION, PRIVATE INUREMENT AND LOBBYING ORIGINALLY CONTAINED IN ORIGINAL SECTION 2 ARE NOW DESCRIBED IN NEW SECTIONS 5, 2 AND 3 RESPECTIVELY. THE LIMITATION ON DIRECTORS AND OFFICERS' LIABILITY CONTAINED IN THE ORIGINAL SECTION 3 ARE NOW AS DESCRIBED IN NEW SECTION 6. ORIGINAL SECTIONS 4 AND 5 HAVE BEEN ELIMINATED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART V, LINE 34
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LEDYARD MCFADDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09789211674
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OURSCHOOLSINC
ReturnHeader/Filer/BusinessNameControlTxt0OURS
ReturnHeader/Filer/EIN0473093152
ReturnHeader/Filer/PhoneNum09789211674
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 CUMMINGS CENTER SUITE 236C
ReturnHeader/Filer/USAddress/CityNm0BEVERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001915
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.238.141.162
ReturnHeader/FilingSecurityInformation/IPDt02018-09-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:33:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER ARONSON FINNING & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN BUCKLEY CPA
ReturnHeader/ReturnTs02018-10-09T15:27:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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