Civic Intelligence

Positive Outlook Inc.

990 • Fiscal year 2016 • EIN 72-1271599

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

118 Reid AveAmite, LA 70422

(985) 748-9333

Siviq Scores

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

Liabilities / Assets

98th percentile

3.23x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

36th percentile

-2.0%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

89th percentile

$38,096

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 27.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

12th percentile

-39%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

0.0%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,400

Down $2,821 (-39%) from 2015

Net Assets

Down

-$9,802

Down $2,669 (-37%) from 2015

Liabilities

Down

$14,202

Down $152 (-1.1%) from 2015

Revenue

Up

$136,592

Up $39 (+0.0%) from 2015

Expenses

Up

$139,261

Up $10,112 (+7.8%) from 2015

Net Income

Down

-$2,669

Down $10,073 (-136%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $11,716Liabilities 2010: $14,237Net Assets 2010: -$2,5212010Assets 2011: $8,267Liabilities 2011: $15,376Net Assets 2011: -$7,1092011Assets 2012: $7,339Liabilities 2012: $18,279Net Assets 2012: -$10,9402012Assets 2013: $6,204Liabilities 2013: $21,549Net Assets 2013: -$15,3452013Assets 2014: $4,597Liabilities 2014: $19,134Net Assets 2014: -$14,5372014Assets 2015: $7,221Liabilities 2015: $14,354Net Assets 2015: -$7,1332015Assets 2016: $4,400Liabilities 2016: $14,202Net Assets 2016: -$9,8022016Assets 2017: $5,617Liabilities 2017: $9,521Net Assets 2017: -$3,9042017Assets 2018: $2,505Liabilities 2018: $10,979Net Assets 2018: -$8,4742018Assets 2019: $5,011Liabilities 2019: $10,757Net Assets 2019: -$5,7462019Assets 2020: $7,563Liabilities 2020: $7,240Net Assets 2020: $3232020Assets 2021: $136,974Liabilities 2021: $14,257Net Assets 2021: $122,7172021Assets 2022: $214,305Liabilities 2022: $14,034Net Assets 2022: $200,2712022Assets 2023: $75,564Liabilities 2023: $18,884Net Assets 2023: $56,6802023Assets 2024: $22,611Liabilities 2024: $26,624Net Assets 2024: -$4,0132024

Highlighted filing

2016

Assets$4,400
Liabilities$14,202
Net Assets-$9,802

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $273,8462010Expenses 2011: $259,2762011Expenses 2012: $190,1322012Revenue 2013: $154,794Expenses 2013: $159,199Net Income 2013: -$4,4052013Revenue 2014: $154,062Expenses 2014: $153,254Net Income 2014: $8082014Revenue 2015: $136,553Expenses 2015: $129,149Net Income 2015: $7,4042015Revenue 2016: $136,592Expenses 2016: $139,261Net Income 2016: -$2,6692016Revenue 2017: $159,029Expenses 2017: $153,131Net Income 2017: $5,8982017Revenue 2018: $143,146Expenses 2018: $147,716Net Income 2018: -$4,5702018Revenue 2019: $145,380Expenses 2019: $142,652Net Income 2019: $2,7282019Revenue 2020: $138,567Expenses 2020: $162,125Net Income 2020: -$23,5582020Revenue 2021: $306,890Expenses 2021: $184,178Net Income 2021: $122,7122021Revenue 2022: $385,275Expenses 2022: $307,721Net Income 2022: $77,5542022Revenue 2023: $161,592Expenses 2023: $305,183Net Income 2023: -$143,5912023Revenue 2024: $180,597Expenses 2024: $241,290Net Income 2024: -$60,6932024

Highlighted filing

2016

Revenue$136,592
Expenses$139,261
Net Income-$2,669
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$136,592
Mission and Program Overview

Mission

Child day care center providing a safe, developmentally appropriate envioronment for preschool and school age children of working parents. The focus is to provide a stimulating early care experience which promotes each child's social, emotional, physical and cognitive development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$12,017$11,517▼ $500
Pd in Cap Srpls Land Bldg Eqp Fund$4,474$4,474→ $0
Cash and Non-Interest-Bearing Accounts$1,414$2,130▲ $716
Land, Buildings, and Equipment, Net$2,540$1,485▼ $1,055
Cap Stk Tr Prin Current Funds$1,000$1,000→ $0
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-$0-
Rtn Earn Endowment Incm Other Fnds$-12,607$-15,276▼ $2,669
Total Assets$7,221$4,400▼ $2,821
Other Assets Total$3,267$785▼ $2,482
Liabilities
Accounts Payable and Accrued Expenses$2,336$2,683▲ $347
Other Liabilities$1$2▲ $1
Total Liabilities$14,354$14,202▼ $152
Net Assets / Fund Balance
Total Net Assets Fund Balance$-7,133$-9,802▼ $2,669
Total Liabilities and Net Assets / Fund Balance$7,221$4,400▼ $2,821

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$760$15,947$16,707
Other Land Buildings$725$15,747$16,472
Other Assets Org$785--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cynthia C KonzelmanVice PresidentFT$38,096$38,096

Board Members and Trustees

NameTitle
Betty HarrelsonPresident
Buddy BelDirector
Sherri OliverDirector
T J ReidDirector
None-

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$136,592
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$102,412
Other Expenses$36,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,005--$57,005
Current Officers, Directors, Trustees, and Key Employees$30,477$7,619-$38,096
Occupancy$8,063$2,016-$10,079
Payroll Taxes$6,727$584-$7,311
Insurance$2,735$684-$3,419
Depreciation Depletion$844$211-$1,055
All Other Expenses$898--$898
Other Expenses$1,486$459-$459
Office Expenses$99$25-$124
Total Functional Expenses$126,990$12,271$0$139,261
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
Loans from Officers, Directors, Trustees, and Key Employees$12,017$11,517▼ $500
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$2
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has only one class of stock. Each stockholder has voting rights in relation to their respective percentage of ownership of stock.

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

Reviewed by vice-president and one director

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

Documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Positive Outlook Inc
EIN
72-1271599
Phone
9857489333
Address
118 REID AVE, AMITE, LA 70422

Signing Officer

Name
Cynthia C Konzelman
Title
Vice President
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
7

Preparer

Firm
Sherri Oliver CPA LLC
Address
196 Highway 1045, Amite, LA 70422
Preparer
Sherri C Oliver
Phone
9857482795
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IRS990/PYSalariesCompEmpBnftPaidAmt091867
IRS990/PYTotalExpensesAmt0129149
IRS990/PYTotalRevenueAmt0136553
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2669
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0136592
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-12607
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-15276
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0136592
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0136553
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0154062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0154794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0186301
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0768302
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0768302
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0136592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0136553
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0154062
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0154794
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0186301
IRS990ScheduleA/Total509Grp/TotalAmt0768302
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0136592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0136553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0154062
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0154794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0186301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0768302
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0760
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015947
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016707
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0785
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PAYROLL CLEARING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0725
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015747
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01485
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0785
IRS990ScheduleD/TotalLiabilityAmt02
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05284
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt16233
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110043
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BETTY HARRELSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1CYNTHIA KONZELMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt011517
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONLY ONE CLASS OF STOCK. EACH STOCKHOLDER HAS VOTING RIGHTS IN RELATION TO THEIR RESPECTIVE PERCENTAGE OF OWNERSHIP OF STOCK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY VICE-PRESIDENT AND ONE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07221
IRS990/TotalAssetsEOYAmt04400
IRS990/TotalAssetsGrp/BOYAmt07221
IRS990/TotalAssetsGrp/EOYAmt04400
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012271
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126990
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139261
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014354
IRS990/TotalLiabilitiesEOYAmt014202
IRS990/TotalLiabilitiesGrp/BOYAmt014354
IRS990/TotalLiabilitiesGrp/EOYAmt014202
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-7133
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-9802
IRS990/TotalProgramServiceExpensesAmt0126990
IRS990/TotalProgramServiceRevenueAmt0136592
IRS990/TotalReportableCompFromOrgAmt038096
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0136592
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0136592
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07221
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04400
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.27$0.04$1.81$2.41$0.61
2023Summary only. Only limited summary data is available for this year.$0.76$0.19$0.57$1.62$3.05$1.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.14$2.00$3.85$3.08$0.78
2021Summary only. Only limited summary data is available for this year.$1.37$0.14$1.23$3.07$1.84$1.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.07$0.00$1.39$1.62$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.11$0.06$1.45$1.43$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.11$0.08$1.43$1.48$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.10$0.04$1.59$1.53$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.14$0.10$1.37$1.39$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.14$0.07$1.37$1.29$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.19$0.15$1.54$1.53$0.01
2013Summary only. Only limited summary data is available for this year.$0.06$0.22$0.15$1.55$1.59$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.18$0.11$1.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.15$0.07$2.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.14$0.03$2.74