Civic Intelligence

Hancock Nursery School Inc.

990 • Fiscal year 2015 • EIN 75-3060428

Sep 01, 2014 to Aug 31, 2015 • Filed on May 09, 2016

1912 Massachusetts AvenueLexington, MA 02421

(781) 862-1742

Siviq Scores

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

Liabilities / Assets

86th percentile

0.35x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.14x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

52nd percentile

4.0%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$56,072

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

51st percentile

1.5%

Faster revenue growth than 51% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$149,097

Up $23,466 (+19%) from 2014

Net Assets

Up

$96,365

Up $14,744 (+18%) from 2014

Liabilities

Up

$52,732

Up $8,722 (+20%) from 2014

Revenue

Up

$373,554

Up $5,592 (+1.5%) from 2014

Expenses

Down

$358,605

Down $26,085 (-6.8%) from 2014

Net Income

Up

$14,949

Up $31,677 (+189%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $214,523Liabilities 2010: $79,152Net Assets 2010: $135,3712010Assets 2011: $219,535Liabilities 2011: $77,900Net Assets 2011: $141,6352011Assets 2012: $187,578Liabilities 2012: $39,264Net Assets 2012: $148,3142012Assets 2013: $138,805Liabilities 2013: $40,456Net Assets 2013: $98,3492013Assets 2014: $125,631Liabilities 2014: $44,010Net Assets 2014: $81,6212014Assets 2015: $149,097Liabilities 2015: $52,732Net Assets 2015: $96,3652015Assets 2017: $207,722Liabilities 2017: $74,710Net Assets 2017: $133,0122017Assets 2018: $220,067Liabilities 2018: $76,690Net Assets 2018: $143,3772018Assets 2019: $225,964Liabilities 2019: $64,865Net Assets 2019: $161,0992019Assets 2020: $205,328Liabilities 2020: $96,618Net Assets 2020: $108,7102020Assets 2021: $285,788Liabilities 2021: $123,751Net Assets 2021: $162,0372021Assets 2022: $345,907Liabilities 2022: $46,992Net Assets 2022: $298,9152022Assets 2023: $534,942Liabilities 2023: $112,628Net Assets 2023: $422,3142023Assets 2024: $651,160Liabilities 2024: $186,341Net Assets 2024: $464,8192024Assets 2025: $544,226Liabilities 2025: $75,484Net Assets 2025: $468,7422025

Highlighted filing

2015

Assets$149,097
Liabilities$52,732
Net Assets$96,365

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $256,6262010Revenue 2011: $330,107Expenses 2011: $323,843Net Income 2011: $6,2642011Expenses 2012: $337,4982012Expenses 2013: $383,3362013Revenue 2014: $367,962Expenses 2014: $384,690Net Income 2014: -$16,7282014Revenue 2015: $373,554Expenses 2015: $358,605Net Income 2015: $14,9492015Revenue 2017: $412,493Expenses 2017: $382,857Net Income 2017: $29,6362017Revenue 2018: $434,635Expenses 2018: $424,270Net Income 2018: $10,3652018Revenue 2019: $434,049Expenses 2019: $416,327Net Income 2019: $17,7222019Revenue 2020: $357,781Expenses 2020: $410,170Net Income 2020: -$52,3892020Revenue 2021: $377,872Expenses 2021: $324,546Net Income 2021: $53,3262021Revenue 2022: $552,237Expenses 2022: $415,359Net Income 2022: $136,8782022Revenue 2023: $607,036Expenses 2023: $483,637Net Income 2023: $123,3992023Revenue 2024: $560,054Expenses 2024: $517,548Net Income 2024: $42,5062024Revenue 2025: $372,688Expenses 2025: $368,765Net Income 2025: $3,9232025

Highlighted filing

2015

Revenue$373,554
Expenses$358,605
Net Income$14,949
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
May 9, 2016
Return Version
2014v6.0
Gross Receipts
$373,554
Mission and Program Overview

Mission

Hancock Nursery School provides a developmentally and age appropriate preschool experience for the whole child.

Activities of running a preschool and daycare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$121,569$149,097▲ $27,528
Rtn Earn Endowment Incm Other Fnds$81,621$96,365▲ $14,744
Accounts Receivable$4,062--
Total Assets$125,631$149,097▲ $23,466
Liabilities
Accounts Payable and Accrued Expenses$44,010$52,732▲ $8,722
Total Liabilities$44,010$52,732▲ $8,722
Net Assets / Fund Balance
Total Net Assets Fund Balance$81,621$96,365▲ $14,744
Total Liabilities and Net Assets / Fund Balance$125,631$149,097▲ $23,466
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy KelleyPresidentFT$56,072$56,072
Christine SpecialeTreasurerPT$16,606$16,606

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$11,262
Program Service Revenue
$361,484
Investment Income
$808
Other Revenue
$0
All Other Contributions
$11,262
Change in Net Assets
$14,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,681
Other Expenses$78,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,996$0$0$179,996
Current Officers, Directors, Trustees, and Key Employees$72,678$0$0$72,678
Occupancy$29,850$0$0$29,850
All Other Expenses$29,149$0$0$29,149
Payroll Taxes$27,007$0$0$27,007
Fees for Services Accounting$3,200$0$0$3,200
Other Expenses$2,648$0$0$2,648
Office Expenses$2,509$0$0$2,509
Total Functional Expenses$358,605$0$0$358,605
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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
Hancock Nursery School Inc
EIN
75-3060428
Phone
7818621742
Address
1912 MASSACHUSETTS AVENUE, LEXINGTON, MA 02421

Signing Officer

Name
Judy Kelley
Title
President
Phone
7818621742
Signed
2016-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Kelley
Formed
2005
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
5
Employees
15
Volunteers
0

Preparer

Firm
O'MALLEY AND COLANGELI CPAs PC
Address
33 Bedford Street Suite 9, Lexington, MA 02420
Preparer
MICHAEL O'MALLEY
Phone
7818617061
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Reviwed by president, treasurer and board members.

Pt VI, Line 12C

Small organization consistently communicates.

Pt VI, Line 15A

Board members meet to determine compensation.

Pt VI, Line 15B

Board members meet to determine compensation.

Pt VI, Line 19

Organization posts availability of governing dcuments, conflict of interest policy and financial statements.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS MEET TO DETERMINE COMPENSATION.
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0358605
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044010
IRS990/TotalLiabilitiesEOYAmt052732
IRS990/TotalLiabilitiesGrp/BOYAmt044010
IRS990/TotalLiabilitiesGrp/EOYAmt052732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt081621
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt096365
IRS990/TotalProgramServiceExpensesAmt0358605
IRS990/TotalProgramServiceRevenueAmt0361484
IRS990/TotalReportableCompFromOrgAmt072678
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0362292
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0373554
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0125631
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0149097
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01912 MASS AVENUE
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002421
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY KELLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07818621742
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANCOCK NURSERY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0HANC
ReturnHeader/Filer/EIN0753060428
ReturnHeader/Filer/PhoneNum07818621742
ReturnHeader/Filer/USAddress/AddressLine1Txt01912 MASSACHUSETTS AVENUE
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002421
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'MALLEY AND COLANGELI CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt033 Bedford Street Suite 9
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002420
ReturnHeader/PreparerPersonGrp/PhoneNum07818617061
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL O'MALLEY
ReturnHeader/ReturnTs02016-06-15T08:44:14-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.44$0.75$4.69$3.73$3.69$0.04
2024Detailed filing. Detailed filing data is available for this year.$6.51$1.86$4.65$5.60$5.18$0.43
2023Detailed filing. Detailed filing data is available for this year.$5.35$1.13$4.22$6.07$4.84$1.23
2022Detailed filing. Detailed filing data is available for this year.$3.46$0.47$2.99$5.52$4.15$1.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$1.24$1.62$3.78$3.25$0.53
2020Detailed filing. Detailed filing data is available for this year.$2.05$0.97$1.09$3.58$4.10$0.52
2019Detailed filing. Detailed filing data is available for this year.$2.26$0.65$1.61$4.34$4.16$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.20$0.77$1.43$4.35$4.24$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.75$1.33$4.12$3.83$0.30
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.53$0.96$3.74$3.59$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.44$0.82$3.68$3.85$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.40$0.98$3.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.39$1.48$3.37
2011Summary only. Only limited summary data is available for this year.$2.20$0.78$1.42$3.30$3.24$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.79$1.35$2.57