Civic Intelligence

Initiative for Independent Schooling in Puerto Rico Inc.

990 • Fiscal year 2020 • EIN 66-0725543

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 27, 2021

Organization Profile
PO Box 6161Aguadilla, PR 00603

(787) 969-9911

Siviq Scores

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

Liabilities / Assets

85th percentile

0.36x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.23x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

78th percentile

30%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

92nd percentile

179%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

9.7%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$206,724

Up $132,506 (+179%) from 2019

Net Assets

Up

$132,863

Up $102,374 (+336%) from 2019

Liabilities

Up

$73,861

Up $30,132 (+69%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin78th percentile

Revenue

Up

$326,664

Up $28,995 (+9.7%) from 2019

Expenses

Down

$229,996

Down $72,190 (-24%) from 2019

Net Income

Up

$96,668

Up $101,185 (+2240%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$300K$200K$100K$0Assets 2011: $26,185Liabilities 2011: $40,3602011Assets 2012: $23,228Liabilities 2012: $42,8412012Assets 2013: $35,716Liabilities 2013: $45,1772013Assets 2014: $25,486Liabilities 2014: $71,8252014Assets 2015: $22,573Liabilities 2015: $42,7292015Assets 2016: $47,824Liabilities 2016: $42,7842016Assets 2017: $55,440Liabilities 2017: $43,456Net Assets 2017: $11,9842017Assets 2018: $77,885Liabilities 2018: $42,878Net Assets 2018: $35,0072018Assets 2019: $74,218Liabilities 2019: $43,729Net Assets 2019: $30,4892019Assets 2020: $206,724Liabilities 2020: $73,861Net Assets 2020: $132,8632020Assets 2021: $179,860Liabilities 2021: $34,957Net Assets 2021: $144,9032021Assets 2023: $89,189Liabilities 2023: $6,047Net Assets 2023: $83,1422023Assets 2024: $100,040Liabilities 2024: $4,780Net Assets 2024: $95,2602024

Highlighted filing

2020

Assets$206,724
Liabilities$73,861
Net Assets$132,863
Open 2020 Filing

Operations Trend

Revenue Growth73rd percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $73,162Expenses 2011: $74,286Net Income 2011: -$1,1242011Revenue 2012: $88,786Expenses 2012: $94,224Net Income 2012: -$5,4382012Revenue 2013: $148,499Expenses 2013: $138,347Net Income 2013: $10,1522013Revenue 2014: $127,527Expenses 2014: $162,628Net Income 2014: -$35,1012014Revenue 2015: $142,338Expenses 2015: $140,371Net Income 2015: $1,9672015Revenue 2016: $217,447Expenses 2016: $188,464Net Income 2016: $28,9832016Revenue 2017: $235,981Expenses 2017: $229,037Net Income 2017: $6,9442017Revenue 2018: $272,395Expenses 2018: $249,372Net Income 2018: $23,0232018Revenue 2019: $297,669Expenses 2019: $302,186Net Income 2019: -$4,5172019Revenue 2020: $326,664Expenses 2020: $229,996Net Income 2020: $96,6682020Revenue 2021: $300,801Expenses 2021: $288,761Net Income 2021: $12,0402021Revenue 2023: $439,576Expenses 2023: $442,980Net Income 2023: -$3,4042023Revenue 2024: $485,677Expenses 2024: $473,559Net Income 2024: $12,1182024

Highlighted filing

2020

Revenue$326,664
Expenses$229,996
Net Income$96,668
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 27, 2021
Return Version
2020v4.0
Gross Receipts
$326,664
Mission and Program Overview

Mission

To offer several programs inspired by the Waldorf pedagogy system to ensure a correct learning process for our children and a successful academic achievement.

Educational Services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,072$139,992▲ $126,920
Land, Buildings, and Equipment, Net$58,249$63,835▲ $5,586
Accounts Receivable$2,897$2,897→ $0
Total Assets$74,218$206,724▲ $132,506
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,360$71,460▲ $31,100
Accounts Payable and Accrued Expenses$3,369$2,401▼ $968
Total Liabilities$43,729$73,861▲ $30,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,489$132,863▲ $102,374
Total Net Assets Fund Balance$30,489$132,863▲ $102,374
Total Liabilities and Net Assets / Fund Balance$74,218$206,724▲ $132,506

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$63,835$26,609-
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Margaret MayerPresident
Arilena MorganVice President
Keisha CarabalSecretary
Steve BloodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,434
Program Service Revenue
$265,230
Investment Income
$0
Other Revenue
$0
All Other Contributions
$61,434
Change in Net Assets
$96,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,391
Other Expenses$96,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$105,707$9,157-$114,864
Fees for Services Other$30,146--$30,146
Payroll Taxes$18,023$504-$18,527
Other Expenses$45$9,143-$9,188
Depreciation Depletion-$7,566-$7,566
Fees for Services Accounting-$5,645-$5,645
Office Expenses-$5,609-$5,609
Insurance-$1,142-$1,142
Total Functional Expenses$172,281$57,715$0$229,996
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
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Initiative for Independent Sch
EIN
66-0725543
Address
PO BOX 6161, AGUADILLA, PR 00603

Signing Officer

Name
Margaret Mayers
Title
President
Signed
2021-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Mayer
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
CPA Ramon Trabal Rios & Asoc
Address
HC 56 Box 5006, AGUADA, PR 00602
Preparer
Ramon Trabal Rios
Phone
7879699911
Supplemental Narrative

Additional Explanations

Part IV-B-12C

“The secretary of the board document the monthly meetings of the board of directors in minutes.”

Raw XML Appendix313 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SECRETARY OF THE BOARD DOCUMENT THE MONTHLY MEETINGS OF THE BOARD OF DIRECTORS IN MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV-B-12C
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ReturnHeader/ReturnTs02021-11-15T18:36:05-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARGARET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAYERS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$206,724
Liabilities
$73,861
Net assets
$132,863
Revenue
$326,664
Expenses
$229,996
Net income
$96,668
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.05$0.95$4.86$4.74$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.06$0.83$4.40$4.43$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.35$1.45$3.01$2.89$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.07$0.74$1.33$3.27$2.30$0.97
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.44$0.30$2.98$3.02$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.43$0.35$2.72$2.49$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.43$0.12$2.36$2.29$0.07
2016Summary only. Only limited summary data is available for this year.$0.48$0.43$2.17$1.88$0.29
2015Summary only. Only limited summary data is available for this year.$0.23$0.43$1.42$1.40$0.02
2014Summary only. Only limited summary data is available for this year.$0.25$0.72$1.28$1.63$0.35
2013Summary only. Only limited summary data is available for this year.$0.36$0.45$1.48$1.38$0.10
2012Summary only. Only limited summary data is available for this year.$0.23$0.43$0.89$0.94$0.05
2011Summary only. Only limited summary data is available for this year.$0.26$0.40$0.73$0.74$0.01