Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Cooperative Preschool of Loudoun
EIN 54-0858402 • 501(c)3 • Ashburn, VA
Profile
A non-profit preschool where parents and teachers work together to meet each child's individual needs.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $3,876 (-100%) from 2019
Liabilities
Up$34,447
Up $34,447 from 2019
Net Assets
Down-$34,447
Down $38,323 (-989%) from 2019
Revenue
Down$140,331
Down $16,551 (-11%) from 2019
Expenses
Up$178,654
Up $22,887 (+15%) from 2019
Net Income
Down-$38,323
Down $39,438 (-3537%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $34,447
- Net assets
- -$34,447
- Revenue
- $140,331
- Expenses
- $178,654
- Net income
- -$38,323
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- Sep 5, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $140,513
Mission and Program Overview
Mission
Cooperative Preschool of Loudoun is a non-profit preschool that strives to provide every child with a positive preschool experience in an environment where parents and teachers work together to meet each child's individual needs.
A non-profit preschool where parents and teachers work together to meet each child's individual needs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The operation of a preschool for the benefit of preschool age children | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Katie McDonald | President | - | $0 | - | - |
| Lindsay Giffin | Vice President | - | $0 | - | - |
| Kiran Ahmad | Co-Treasurer | - | $0 | - | - |
| Koyel Mookerjee | Co-Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Cooperative Preschool of Loudoun
- EIN
- 54-0858402
- Phone
- 7037240496
- Address
- 42507 Mount Hope Road, Ashburn, VA 20148
Signing Officer
- Name
- Kiran Ahmad
- Title
- co-treasurer
- Phone
- 5713406724
- Signed
- 2020-09-05
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Description;Amount^Preschool Operations;7023|Admin Expenses;882^Total;7905^”
Form 990-EZ, Part I, Line 21
“Due to insufficient enrollment, effects of Covid, and lack of funds, teacher's salaries were not paid out and the account is in a negative balance.”
Form 990-EZ, Part II, Line 22
“This school year ended with negative balance due to the unpaid salaries for the employees. "0" is being entered because a negative number is not allowed here.”
Form 990-EZ, Part II, Line 24
“Due to insufficient funds, salaries were not paid to teachers in full during the 2018-2019 and 2019-2020 school years. The negative value is a result of the lack of funds in the account.”
Form 990-EZ, Part II, Line 26
“The school ended the year with a negative balance of $-34,447 as salaraies remained unpaid upon closing.”
Form 990-EZ, Part II, Line 27
“Due to insufficient tuition, effects of Covid, and insufficient funds teacher's salaries were not paid out in full. The negative bank balance reflects the amount owed. After being open for 50 years, the school was no longer able to sustain itself, especially during a pandemic.”
Raw XML Appendix183 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 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Cooperative Preschool of Loudoun |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7037240496 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 42507 Mount Hope Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Ashburn |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20148 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3876 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -38323 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1432 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 3876 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 4542 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 2576 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 140513 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 234 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3876 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -34447 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3876 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -34447 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 23488 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Katie McDonald |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Lindsay Giffin |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Kiran Ahmad |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Koyel Mookerjee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Co-Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | co-treasurer |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7905 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | A non-profit preschool where parents and teachers work together to meet each child's individual needs. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 661 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 133161 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The operation of a preschool for the benefit of preschool age children |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 145168 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 2576 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 182 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 4360 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 34447 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 178654 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 140331 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationOtherDesc | 0 | unincorporated association |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | cplkids.org |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The school has all nondiscriminatory policies written in its parent/student handbook. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | 0 |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | 1 |
| IRS990ScheduleN/BondsOutstandingInd | 0 | 0 |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | 1 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | No assets or transactions occurred upon dissolution of the school d/t the Covid pandemic and there was nothing of any value remaining upon school closing to sell. Everything was trashed. |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2020-06-30 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 0 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | not applicable as nothing was distributed and there were no transaction expenses |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm | 0 | not applicable |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | 0 |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | 1 |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | There were no assets remaining in the organization's accounts upon closing. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule N, Part I, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Preschool Operations;7023|Admin Expenses;882^Total;7905^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Due to insufficient enrollment, effects of Covid, and lack of funds, teacher's salaries were not paid out and the account is in a negative balance. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | This school year ended with negative balance due to the unpaid salaries for the employees. "0" is being entered because a negative number is not allowed here. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Due to insufficient funds, salaries were not paid to teachers in full during the 2018-2019 and 2019-2020 school years. The negative value is a result of the lack of funds in the account. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The school ended the year with a negative balance of $-34,447 as salaraies remained unpaid upon closing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Due to insufficient tuition, effects of Covid, and insufficient funds teacher's salaries were not paid out in full. The negative bank balance reflects the amount owed. After being open for 50 years, the school was no longer able to sustain itself, especially during a pandemic. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 21 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 22 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part II, Line 27 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kiran Ahmad |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | co-treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5713406724 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-09-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | COOPERATIVE PRESCHOOL OF LOUDOUN |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COOP |
| ReturnHeader/Filer/EIN | 0 | 540858402 |
| ReturnHeader/Filer/PhoneNum | 0 | 7037240496 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 42507 Mount Hope Road |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Ashburn |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20148 |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 71.178.26.90 |
| ReturnHeader/ReturnTs | 0 | 2020-09-11T14:32:57-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
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