Civic Intelligence

Yoga Reaches Out Inc

990 • Fiscal year 2014 • EIN 80-0598014

May 01, 2013 to Apr 30, 2014 • Filed on Feb 24, 2015

13 Smokey Hill Road01778

(508) 451-5791

Siviq Scores

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

Liabilities / Assets

65th percentile

0.15x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.16x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

72nd percentile

$60,000

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

81st percentile

23%

Faster asset growth than 81% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

89th percentile

65%

Faster revenue growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2014

Assets

Up

$680,314

Up $128,940 (+23%) from 2013

Net Assets

Up

$575,768

Up $109,859 (+24%) from 2013

Liabilities

Up

$104,546

Up $19,081 (+22%) from 2013

Revenue

$652,529

No earlier filing loaded for comparison.

Expenses

Down

$542,670

Down $37,865 (-6.5%) from 2013

Net Income

$109,859

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $26,563Liabilities 2011: $19,685Net Assets 2011: $6,8782011Assets 2012: $294,536Liabilities 2012: $24,600Net Assets 2012: $269,9362012Assets 2013: $551,374Liabilities 2013: $85,465Net Assets 2013: $465,9092013Assets 2014: $680,314Liabilities 2014: $104,546Net Assets 2014: $575,7682014Assets 2015: $549,079Liabilities 2015: $101,969Net Assets 2015: $447,1102015Assets 2016: $139,836Liabilities 2016: $16,620Net Assets 2016: $123,2162016

Highlighted filing

2014

Assets$680,314
Liabilities$104,546
Net Assets$575,768

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $146,493Expenses 2011: $139,615Net Income 2011: $6,8782011Expenses 2012: $34,8902012Expenses 2013: $580,5352013Revenue 2014: $652,529Expenses 2014: $542,670Net Income 2014: $109,8592014Revenue 2015: $575,183Expenses 2015: $703,841Net Income 2015: -$128,6582015Revenue 2016: $529,740Expenses 2016: $533,895Net Income 2016: -$4,1552016

Highlighted filing

2014

Revenue$652,529
Expenses$542,670
Net Income$109,859
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Feb 24, 2015
Return Version
2013v4.0
Gross Receipts
$661,273
Mission and Program Overview

Mission

To promote the health and well-being of the community through sponsoring or conducting public yoga events and contributing the funds raised to organizations that impact the health, education, and well-being of children.

To raise funds for children in need, assisting with their health, education, and well being through yoga events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$349,218$522,491▲ $173,273
Pledges and Grants Receivable$200,581$152,540▼ $48,041
Prepaid Expenses and Deferred Charges$0$4,083▲ $4,083
Accounts Receivable$1,575$1,200▼ $375
Total Assets$551,374$680,314▲ $128,940
Liabilities
Accounts Payable and Accrued Expenses$85,465$104,546▲ $19,081
Total Liabilities$85,465$104,546▲ $19,081
Net Assets / Fund Balance
Unrestricted Net Assets$465,909$575,768▲ $109,859
Total Net Assets Fund Balance$465,909$575,768▲ $109,859
Total Liabilities and Net Assets / Fund Balance$551,374$680,314▲ $128,940
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah GardnerExecutive Director & PresidentFT$60,000$60,000

Board Members and Trustees

NameTitle
Brian LamDirector
Giulio PanzanoDirector
Laurin PanzanoDirector
Michael SchreiberDirector
Robert SkloffDirector
Geoff GardnerClerk
Robin ScariTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$612,632
Program Service Revenue
$36,600
Investment Income
$0
Other Revenue
$3,297
All Other Contributions
$612,632
Change in Net Assets
$109,859

Audited Revenue Reconciliation

Revenue per Audited Statements
$652,529
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,744
Total Revenue per Audited Statements
$661,273
Total Revenue per Form 990
$652,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$319,651
Other Expenses$157,982
Salaries, Compensation, and Employee Benefits$65,037
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$319,651--$319,651
Current Officers, Directors, Trustees, and Key Employees$45,000$15,000-$60,000
Fees for Services Accounting-$12,821-$12,821
Advertising$7,155--$7,155
Payroll Taxes$3,778$1,259-$5,037
Travel$4,119--$4,119
Fees for Services Other-$2,917-$2,917
Insurance$1,924--$1,924
Other Expenses$1,499$18,235-$1,499
All Other Expenses-$629-$629
Fees for Services Legal-$500-$500
Total Functional Expenses$491,309$51,361$0$542,670

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$551,414
Expenses per Audited Statements$542,670
Total Expenses per Form 990$542,670
Expenses Not Reported on Form 990$8,744
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
04-2774441--Funds Provided Research at the Hospital for Leukemia Treatment by Dr. Alejandro Gutierrez.$218,000
13-2298956--Funds Provided Research for Ending Neurofibromatosis and the Support of Patients Suffering From Neurofibromatosis and Their Families.$75,000
90-0706649--Provide Funds for 3 Yoga Teacher Training Programs to Teachers, Therapists and Parents in the Sandy Hook Elementary School Area to Help Provide Yoga to Kids With Special Needs.$20,000
04-2104783--Funds Sent Underprivileged Children to a West Suburban Ymca Summer Camp.$6,500
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
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
Yes
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, Section A, Line 2

The organization has multiple family relationships within its board of directors

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is provided to all other members of the board before filing. However, the timing of their review is at their personal discretion which may be before or after the filing. Comments and questions can be directed to any other members of the board or the paid preparer as desired.

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

The organization has all new board members review and sign a disclosure of interest form. The board members are requested to provide updated disclosure of interest forms whenever a director becomes connected to a direct or indirect business relationship.

Form 990, Part VI, Section B, Line 15B

Salary for the president was determined during a board meeting by unanimous vote. The president was not in attendance. The board based their salary decision on data from entities with comparable revenue. The board minutes of the meeting reflect this decision.

Form 990, Part VI, Section C, Line 18

Governing documents, policies and form 990 are provided to the public upon request.

Form 990, Part VI, Section C, Line 19

No documents available to the public unless they are otherwise requested.

Filing and Contact Details

Filer

EIN
80-0598014
Phone
5084515791

Signing Officer

Name
Sarah Gardner
Title
Executive Director
Phone
5084515791
Signed
2015-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Gardner
Formed
2010
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
6
Employees
1
Volunteers
125

Preparer

Preparer
John D Geraci
Phone
7815694700
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization does not have a formal audit committee. However, management and the board of directors are provided copies of the drafted financial statements prior to issuance. Issues, comments, or questions that may arise can be discussed amongst the board and/or directed to the accountant. Financial statements are issued upon approval from a designated member or members.

Financial Statement Notes

990, Line 11, Line 17

Other revenue and other expense not included on form 990 represent cost of sales for related program merchandise sales.

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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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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0661273
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0551414
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt06500
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt2218000
IRS990ScheduleI/RecipientTable/CashGrantAmt375000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDS SENT UNDERPRIVILEGED CHILDREN TO A WEST SUBURBAN YMCA SUMMER CAMP.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROVIDE FUNDS FOR 3 YOGA TEACHER TRAINING PROGRAMS TO TEACHERS, THERAPISTS AND PARENTS IN THE SANDY HOOK ELEMENTARY SCHOOL AREA TO HELP PROVIDE YOGA TO KIDS WITH SPECIAL NEEDS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FUNDS PROVIDED RESEARCH AT THE HOSPITAL FOR LEUKEMIA TREATMENT BY DR. ALEJANDRO GUTIERREZ.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FUNDS PROVIDED RESEARCH FOR ENDING NEUROFIBROMATOSIS AND THE SUPPORT OF PATIENTS SUFFERING FROM NEUROFIBROMATOSIS AND THEIR FAMILIES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10WEST SUBURBAN YMCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11STRETCH WHAT MATTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12BOSTON CHILDREN'S HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine13CHILDREN'S TUMOR FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0042104783
IRS990ScheduleI/RecipientTable/RecipientEIN1900706649
IRS990ScheduleI/RecipientTable/RecipientEIN2042774441
IRS990ScheduleI/RecipientTable/RecipientEIN3132298956
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10276 CHURCH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1125 PEARL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine12300 LONGWOOD AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine13120 WALL STREET 16TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/City0NEWTON
IRS990ScheduleI/RecipientTable/USAddress/City1NATICK
IRS990ScheduleI/RecipientTable/USAddress/City2BOSTON
IRS990ScheduleI/RecipientTable/USAddress/City3NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/State0MA
IRS990ScheduleI/RecipientTable/USAddress/State1MA
IRS990ScheduleI/RecipientTable/USAddress/State2MA
IRS990ScheduleI/RecipientTable/USAddress/State3NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode002458
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode101760
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode202115
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode310005
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS COPIES OF CANCELLED CHECKS TO SUBSTANTIATE GRANTS/CONTRIBUTIONS MADE. DONEES ARE CONSIDERED BASED ON PROGRAMS THAT SUPPORT THE ORGANIZATIONS MISSION. CONTRIBUTIONS ARE MADE BASED ON DISCUSSIONS AT BOARD MEETINGS, FOLLOWED BY A UNANIMOUS VOTE BY BOARD MEMBERS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MULTIPLE FAMILY RELATIONSHIPS WITHIN ITS BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO ALL OTHER MEMBERS OF THE BOARD BEFORE FILING. HOWEVER, THE TIMING OF THEIR REVIEW IS AT THEIR PERSONAL DISCRETION WHICH MAY BE BEFORE OR AFTER THE FILING. COMMENTS AND QUESTIONS CAN BE DIRECTED TO ANY OTHER MEMBERS OF THE BOARD OR THE PAID PREPARER AS DESIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ALL NEW BOARD MEMBERS REVIEW AND SIGN A DISCLOSURE OF INTEREST FORM. THE BOARD MEMBERS ARE REQUESTED TO PROVIDE UPDATED DISCLOSURE OF INTEREST FORMS WHENEVER A DIRECTOR BECOMES CONNECTED TO A DIRECT OR INDIRECT BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARY FOR THE PRESIDENT WAS DETERMINED DURING A BOARD MEETING BY UNANIMOUS VOTE. THE PRESIDENT WAS NOT IN ATTENDANCE. THE BOARD BASED THEIR SALARY DECISION ON DATA FROM ENTITIES WITH COMPARABLE REVENUE. THE BOARD MINUTES OF THE MEETING REFLECT THIS DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FORM 990 ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC UNLESS THEY ARE OTHERWISE REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT HAVE A FORMAL AUDIT COMMITTEE. HOWEVER, MANAGEMENT AND THE BOARD OF DIRECTORS ARE PROVIDED COPIES OF THE DRAFTED FINANCIAL STATEMENTS PRIOR TO ISSUANCE. ISSUES, COMMENTS, OR QUESTIONS THAT MAY ARISE CAN BE DISCUSSED AMONGST THE BOARD AND/OR DIRECTED TO THE ACCOUNTANT. FINANCIAL STATEMENTS ARE ISSUED UPON APPROVAL FROM A DESIGNATED MEMBER OR MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0551374
IRS990/TotalAssetsEOYAmt0680314
IRS990/TotalAssetsGrp/BOYAmt0551374
IRS990/TotalAssetsGrp/EOYAmt0680314
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0612632
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051361
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0491309
IRS990/TotalFunctionalExpensesGrp/TotalAmt0542670
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085465
IRS990/TotalLiabilitiesEOYAmt0104546
IRS990/TotalLiabilitiesGrp/BOYAmt085465
IRS990/TotalLiabilitiesGrp/EOYAmt0104546
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0465909
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0575768
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0491309
IRS990/TotalProgramServiceRevenueAmt036600
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt039897
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0652529
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0551374
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0680314
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04119
IRS990/TravelGrp/TotalAmt04119
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0465909
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0575768
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1013 SMOKEY HILL ROAD
IRS990/USAddress/City0WAYLAND
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode001778
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.YOGAREACHESOUT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH GARDNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05084515791
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine10YOGA REACHES OUT
ReturnHeader/Filer/BusinessNameControlTxt0YOGA
ReturnHeader/Filer/EIN0800598014
ReturnHeader/Filer/PhoneNum05084515791

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