Civic Intelligence

Life Is Washable Inc.

990 • Fiscal year 2014 • EIN 80-0294816

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 04, 2015

572 County Rd 32Greene, NY 13778

(607) 729-5059

Siviq Scores

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

Liabilities / Assets

79th percentile

0.15x

Higher debt load relative to assets than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$26,204

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$93,967

Up $12,253 (+15%) from 2013

Net Assets

Up

$80,260

Up $7,844 (+11%) from 2013

Liabilities

Up

$13,707

Up $4,409 (+47%) from 2013

Revenue

Up

$260,362

Up $45,550 (+21%) from 2013

Expenses

Up

$252,518

Up $41,720 (+20%) from 2013

Net Income

Up

$7,844

Up $3,830 (+95%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $35,490Liabilities 2010: $3,708Net Assets 2010: $31,7822010Assets 2011: $64,513Liabilities 2011: $1,882Net Assets 2011: $62,6312011Assets 2012: $68,555Liabilities 2012: $153Net Assets 2012: $68,4022012Assets 2013: $81,714Liabilities 2013: $9,298Net Assets 2013: $72,4162013Assets 2014: $93,967Liabilities 2014: $13,707Net Assets 2014: $80,2602014Assets 2015: $82,331Liabilities 2015: $720Net Assets 2015: $81,6112015Assets 2016: $91,356Liabilities 2016: $3,747Net Assets 2016: $87,6092016Assets 2017: $100,732Liabilities 2017: $1,8192017Assets 2018: $130,390Liabilities 2018: $430Net Assets 2018: $129,9602018Assets 2019: $82,661Net Assets 2019: $82,6612019Assets 2020: $57,548Liabilities 2020: $5,1092020Assets 2021: $57,548Liabilities 2021: $5,109Net Assets 2021: $52,4392021

Highlighted filing

2014

Assets$93,967
Liabilities$13,707
Net Assets$80,260

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $170,528Expenses 2010: $166,277Net Income 2010: $4,2512010Expenses 2011: $190,7202011Expenses 2012: $191,7142012Revenue 2013: $214,812Expenses 2013: $210,798Net Income 2013: $4,0142013Revenue 2014: $260,362Expenses 2014: $252,518Net Income 2014: $7,8442014Revenue 2015: $184,777Expenses 2015: $183,426Net Income 2015: $1,3512015Revenue 2016: $178,383Expenses 2016: $172,385Net Income 2016: $5,9982016Revenue 2017: $174,117Expenses 2017: $162,813Net Income 2017: $11,3042017Revenue 2018: $152,184Expenses 2018: $121,137Net Income 2018: $31,0472018Revenue 2019: $57,163Expenses 2019: $104,462Net Income 2019: -$47,2992019Revenue 2020: $52,735Expenses 2020: $82,957Net Income 2020: -$30,2222020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2014

Revenue$260,362
Expenses$252,518
Net Income$7,844
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 4, 2015
Return Version
2014v5.0
Gross Receipts
$274,944
Mission and Program Overview

Mission

Life Is Washable, Inc. provides creative workshops that compliment the rehabilitative interventions for individuals, families, and professionals facing the challenges of a special need diagnosis. The workshops encourage family engagement in the carry-over of the special needs interventions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,538$75,531▲ $9,993
Accounts Receivable$7,479$10,040▲ $2,561
Land, Buildings, and Equipment, Net$2,966$4,005▲ $1,039
Inventories for Sale or Use$3,721$2,825▼ $896
Prepaid Expenses and Deferred Charges$2,010$1,566▼ $444
Savings and Temporary Cash Investments-$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-
Total Assets$81,714$93,967▲ $12,253
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$8,818$13,337▲ $4,519
Deferred Revenue$480$370▼ $110
Total Liabilities$9,298$13,707▲ $4,409
Net Assets / Fund Balance
Unrestricted Net Assets$72,416$80,260▲ $7,844
Total Net Assets Fund Balance$72,416$80,260▲ $7,844
Total Liabilities and Net Assets / Fund Balance$81,714$93,967▲ $12,253

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,053$2,510$4,563
Other Land Buildings$1,952$48$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
JENNIFER O'BRIENExecutive DirecFT$26,204$26,204

Board Members and Trustees

NameTitle
James PudishBoard Chair
Michael ConstantinoBoard Vicechair
Brady BegealBoard Member
Donna CorbinBoard Member
John ClarkBoard Member
Lindsey HendricksBoard Member
Lynne Romeiser LoganBoard Member
Mary RobinsonBoard Member
Amie ReillyCo-treasurer
William a PhillipsCo-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$176,273
Program Service Revenue
$28,220
Investment Income
$145
Other Revenue
$55,724
All Other Contributions
$144,881
Change in Net Assets
$7,844

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$39,000
Other Non Cash Contri Table1$11,300
Other Non Cash Contri Table1$10,000
Total Noncash Contributions3$60,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,220
Salaries, Compensation, and Employee Benefits$94,298
Total Fundraising Expense$9,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$47,911$8,983$2,995$59,889
Occupancy$40,963$7,680$2,560$51,203
Current Officers, Directors, Trustees, and Key Employees$21,283$3,991$1,330$26,604
Advertising$10,596--$10,596
Office Expenses$6,825$1,280$427$8,532
Payroll Taxes$6,244$1,171$390$7,805
Insurance-$3,906-$3,906
Fees for Services Accounting-$3,050-$3,050
Other Expenses$2,766$519$1,550$1,550
All Other Expenses$839$157$52$1,048
Depreciation Depletion-$961-$961
Fees for Services Legal-$760-$760
Total Functional Expenses$210,583$32,458$9,477$252,518
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,306
Fundraising Direct Expenses$14,582
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Paint Chips$57,823$57,823$12,907$44,916
Other$12,483$12,483$1,675$10,808
Total Events$70,306$70,306$14,582$55,724
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Executive director and board of directors reviews the 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Organization annually reviews for conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of executive director reviewed and voted on by the board.

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

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Life Is Washable Inc
EIN
80-0294816
Phone
6077295059
Address
572 COUNTY RD 32, GREENE, NY 13778

Signing Officer

Name
JENNIFER O'BRIEN
Title
Executive Direc
Signed
2015-06-04
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
12
Volunteers
43

Preparer

Firm
Vieira & Associates CPAs PC
Address
111 Grant Ave Ste 106, Endicott, NY 13760
Preparer
Scott M Hotalen CPA
Phone
6077231272
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IRS990/MissionDesc0Life Is Washable, Inc. provides creative workshops that compliment the rehabilitative interventions for individuals, families, and professionals facing the challenges of a special need diagnosis. The workshops encourage family engagement in the carry-over of the special needs interventions.
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