Civic Intelligence

Caribbean School Inc.

990 • Fiscal year 2016 • EIN 66-0234885

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 13, 2016

1689 Navarra Street-urb LA RamblaPonce, PR 00730-4043

(787) 843-2048

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.37x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.35x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

36th percentile

-1.8%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

16th percentile

-7.6%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-0.9%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,163,561

Down $261,437 (-7.6%) from 2015

Net Assets

Down

$1,995,759

Down $61,504 (-3.0%) from 2015

Liabilities

Down

$1,167,802

Down $199,933 (-15%) from 2015

Revenue

Down

$3,364,080

Down $30,702 (-0.9%) from 2015

Expenses

Down

$3,425,584

Down $149,273 (-4.2%) from 2015

Net Income

Up

-$61,504

Up $118,571 (+66%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,411,706Liabilities 2011: $1,000,650Net Assets 2011: $2,411,0562011Assets 2012: $3,830,425Liabilities 2012: $1,373,639Net Assets 2012: $2,456,7862012Assets 2013: $3,688,508Liabilities 2013: $1,336,479Net Assets 2013: $2,352,0292013Assets 2014: $3,529,269Liabilities 2014: $1,291,931Net Assets 2014: $2,237,3382014Assets 2015: $3,424,998Liabilities 2015: $1,367,735Net Assets 2015: $2,057,2632015Assets 2016: $3,163,561Liabilities 2016: $1,167,802Net Assets 2016: $1,995,7592016Assets 2017: $3,359,398Liabilities 2017: $1,169,883Net Assets 2017: $2,189,5152017Assets 2018: $3,230,124Liabilities 2018: $1,026,645Net Assets 2018: $2,203,4792018Assets 2019: $3,445,144Liabilities 2019: $1,189,797Net Assets 2019: $2,255,3472019Assets 2020: $3,393,132Liabilities 2020: $1,266,944Net Assets 2020: $2,126,1882020Assets 2021: $3,898,422Liabilities 2021: $1,766,023Net Assets 2021: $2,132,3992021Assets 2023: $3,315,320Liabilities 2023: $1,394,810Net Assets 2023: $1,920,5102023Assets 2024: $3,526,185Liabilities 2024: $1,521,400Net Assets 2024: $2,004,7852024

Highlighted filing

2016

Assets$3,163,561
Liabilities$1,167,802
Net Assets$1,995,759

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,115,7062011Expenses 2012: $3,324,0922012Expenses 2013: $3,501,8032013Revenue 2014: $3,521,685Expenses 2014: $3,636,376Net Income 2014: -$114,6912014Revenue 2015: $3,394,782Expenses 2015: $3,574,857Net Income 2015: -$180,0752015Revenue 2016: $3,364,080Expenses 2016: $3,425,584Net Income 2016: -$61,5042016Revenue 2017: $3,569,657Expenses 2017: $3,278,728Net Income 2017: $290,9292017Revenue 2018: $3,491,205Expenses 2018: $3,406,577Net Income 2018: $84,6282018Revenue 2019: $3,573,987Expenses 2019: $3,522,119Net Income 2019: $51,8682019Revenue 2020: $3,196,932Expenses 2020: $3,326,091Net Income 2020: -$129,1592020Revenue 2021: $3,097,431Expenses 2021: $2,720,374Net Income 2021: $377,0572021Revenue 2023: $3,203,440Expenses 2023: $3,536,604Net Income 2023: -$333,1642023Revenue 2024: $4,149,052Expenses 2024: $3,997,722Net Income 2024: $151,3302024

Highlighted filing

2016

Revenue$3,364,080
Expenses$3,425,584
Net Income-$61,504
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 13, 2016
Return Version
2015v2.1
Gross Receipts
$3,364,080
Mission and Program Overview

Mission

Educational services from prekinder to 12th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,611,807$2,436,059▼ $175,748
Cash and Non-Interest-Bearing Accounts$605,954$522,725▼ $83,229
Prepaid Expenses and Deferred Charges$18,358$56,469▲ $38,111
Accounts Receivable$91,706$50,183▼ $41,523
Total Assets$3,424,998$3,163,561▼ $261,437
Other Assets Total$97,173$98,125▲ $952
Liabilities
Deferred Revenue$775,693$676,644▼ $99,049
Accounts Payable and Accrued Expenses$529,374$453,687▼ $75,687
Mortgage Notes Payable Secured by Investment Property$62,668$37,471▼ $25,197
Total Liabilities$1,367,735$1,167,802▼ $199,933
Net Assets / Fund Balance
Unrestricted Net Assets$1,984,882$1,930,542▼ $54,340
Permanently Rstr Net Assets$72,381$65,217▼ $7,164
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,057,263$1,995,759▼ $61,504
Total Liabilities and Net Assets / Fund Balance$3,424,998$3,163,561▼ $261,437

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,596,126$789,992$2,386,118
Equipment$214,446$2,025,997$2,240,443
Other Land Buildings$129,780$788,904$918,684
Land$495,707-$495,707
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Luis AyalaPresident
Michelle RoviraVice President
Ricardo PouAss Treasurer
Desiree NeedhamSecretary
Lucy CasasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,364,063
Investment Income
$17
Other Revenue
$0
Change in Net Assets
$-61,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,369,471
Other Expenses$1,056,113
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,919,548$0$0$1,919,548
Depreciation Depletion$295,016$0$0$295,016
Other Employee Benefits$233,524$0$0$233,524
Payroll Taxes$164,683$0$0$164,683
Other Expenses$139,531$0$0$139,531
Office Expenses$93,111$0$0$93,111
Insurance$92,171$0$0$92,171
Pension Plan Contributions$51,716$0$0$51,716
Fees for Services Legal$48,321$0$0$48,321
All Other Expenses$21,534$0$0$21,534
Interest$14,207$0$0$14,207
Fees for Services Accounting$8,100$0$0$8,100
Total Functional Expenses$3,425,584$0$0$3,425,584
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 7B

Decisions such as loan agreements and changes in the certificate issued by pr department of state requires the approval of the board of directors

Form 990, Part VI, Section A, Line 8B

The school board of directors maintains a monthly minutes report where all different issues are report to the board of directors

Form 990, Part VI, Section B, Line 11B

Form 990 is presented and discussed by the current board of directors, then sign and summited to irs

Form 990, Part VI, Section B, Line 12C

The school administration issues a copy of the policies at the beginning of the school year to all employees. It also posted in their staff manual book which is an attachment to their employment contracts

Form 990, Part VI, Section C, Line 19

Conflict of interest policies and financial statements are available for inspection upon request to the administration office and documents are available in the school

Filing and Contact Details

Filer

Filer Name
Caribbean School Inc
EIN
66-0234885
Phone
7878432048
Address
1689 NAVARRA STREET-URB LA RAMBLA, PONCE, PR 00730-4043

Signing Officer

Name
Luis Ayala
Title
Pres
Phone
7874020655
Signed
2016-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis Ayala
Formed
1954
Legal Domicile
Pr
Voting Board Members
12
Independent Board Members
12
Employees
81
Volunteers
12

Preparer

Firm
CPA Ismael E Castillo
Address
606 Ave Tito Castro STE 235, Ponce, PR 00716-0210
Preparer
Ismael Castillo
Phone
7878435600
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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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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt466121
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04693
IRS990/PYOtherExpensesAmt01247902
IRS990/PYOtherRevenueAmt0-160541
IRS990/PYProgramServiceRevenueAmt03550630
IRS990/PYRevenuesLessExpensesAmt0-180075
IRS990/PYSalariesCompEmpBnftPaidAmt02326955
IRS990/PYTotalExpensesAmt03574857
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03394782
IRS990/ReconcilationRevenueExpnssAmt0-61504
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03364063
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01596126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0789992
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02386118
IRS990ScheduleD/EquipmentGrp/BookValueAmt0214446
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02025997
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02240443
IRS990ScheduleD/LandGrp/BookValueAmt0495707
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0495707
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0129780
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0788904
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0918684
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02436059
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS DOCUMENTED NON DISCRIMINATORY POLICIES AS CAN BE OBSERVED ON ITS WEBSITE WWW.CARIBBEANSCHOOL.ORG
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT MAINTAIN A RECORD OF THE RACIAL MAKEUP OF THE STUDENT BODY. SCHOLARSHIPS ARE AWARDED BY MERITS OR FINANCIAL NEEDS. EACH STUDENT IS EVALUATED INDEPENDENTLY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DECISIONS SUCH AS LOAN AGREEMENTS AND CHANGES IN THE CERTIFICATE ISSUED BY PR DEPARTMENT OF STATE REQUIRES THE APPROVAL OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL BOARD OF DIRECTORS MAINTAINS A MONTHLY MINUTES REPORT WHERE ALL DIFFERENT ISSUES ARE REPORT TO THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PRESENTED AND DISCUSSED BY THE CURRENT BOARD OF DIRECTORS, THEN SIGN AND SUMMITED TO IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL ADMINISTRATION ISSUES A COPY OF THE POLICIES AT THE BEGINNING OF THE SCHOOL YEAR TO ALL EMPLOYEES. IT ALSO POSTED IN THEIR STAFF MANUAL BOOK WHICH IS AN ATTACHMENT TO THEIR EMPLOYMENT CONTRACTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST TO THE ADMINISTRATION OFFICE AND DOCUMENTS ARE AVAILABLE IN THE SCHOOL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03424998
IRS990/TotalAssetsEOYAmt03163561
IRS990/TotalAssetsGrp/BOYAmt03424998
IRS990/TotalAssetsGrp/EOYAmt03163561
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt081
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03425584
IRS990/TotalFunctionalExpensesGrp/TotalAmt03425584
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01367735
IRS990/TotalLiabilitiesEOYAmt01167802
IRS990/TotalLiabilitiesGrp/BOYAmt01367735
IRS990/TotalLiabilitiesGrp/EOYAmt01167802
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02057263
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01995759
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt03425584

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.53$1.52$2.00$4.15$4.00$0.15
2023Detailed filing. Detailed filing data is available for this year.$3.32$1.39$1.92$3.20$3.54$0.33
2021Detailed filing. Detailed filing data is available for this year.$3.90$1.77$2.13$3.10$2.72$0.38
2020Detailed filing. Detailed filing data is available for this year.$3.39$1.27$2.13$3.20$3.33$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.45$1.19$2.26$3.57$3.52$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.23$1.03$2.20$3.49$3.41$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.36$1.17$2.19$3.57$3.28$0.29
2016Detailed filing. Detailed filing data is available for this year.$3.16$1.17$2.00$3.36$3.43$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.42$1.37$2.06$3.39$3.57$0.18
2014Detailed filing. Detailed filing data is available for this year.$3.53$1.29$2.24$3.52$3.64$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$1.34$2.35$3.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$1.37$2.46$3.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$1.00$2.41$3.12