Civic Intelligence

The Nest Nursery School Inc

990 • Fiscal year 2013 • EIN 80-0869545

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 23, 2014

797 Moreland Ave30316

(404) 580-7760

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.93x

Higher debt load relative to assets than 93% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

43rd percentile

0.2%

Higher net margin than 43% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

88th percentile

$35,082

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$30,339

No earlier filing loaded for comparison.

Net Assets

$2,043

No earlier filing loaded for comparison.

Liabilities

$28,296

No earlier filing loaded for comparison.

Revenue

$339,753

No earlier filing loaded for comparison.

Expenses

$338,982

No earlier filing loaded for comparison.

Net Income

$771

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.

$600K$400K$200K$0Assets 2013: $30,339Liabilities 2013: $28,296Net Assets 2013: $2,0432013Assets 2014: $28,542Liabilities 2014: $14,749Net Assets 2014: $13,7932014Assets 2015: $55,023Liabilities 2015: $19,000Net Assets 2015: $36,0232015Assets 2016: $123,319Liabilities 2016: $62,277Net Assets 2016: $61,0422016Assets 2017: $174,585Liabilities 2017: $50,100Net Assets 2017: $124,4852017Assets 2018: $184,930Liabilities 2018: $42,917Net Assets 2018: $142,0132018Assets 2019: $255,479Liabilities 2019: $31,090Net Assets 2019: $224,3892019Assets 2020: $168,056Liabilities 2020: $27,191Net Assets 2020: $140,8652020Assets 2021: $533,475Liabilities 2021: $11,308Net Assets 2021: $522,1672021Assets 2022: $387,462Liabilities 2022: $0Net Assets 2022: $387,4622022Assets 2023: $302,220Liabilities 2023: $0Net Assets 2023: $302,2202023Assets 2024: $182,490Liabilities 2024: $1,396Net Assets 2024: $181,0942024

Highlighted filing

2013

Assets$30,339
Liabilities$28,296
Net Assets$2,043

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $339,753Expenses 2013: $338,982Net Income 2013: $7712013Revenue 2014: $368,694Expenses 2014: $356,944Net Income 2014: $11,7502014Revenue 2015: $389,185Expenses 2015: $366,957Net Income 2015: $22,2282015Revenue 2016: $610,380Expenses 2016: $585,361Net Income 2016: $25,0192016Revenue 2017: $967,501Expenses 2017: $904,058Net Income 2017: $63,4432017Revenue 2018: $1,029,775Expenses 2018: $1,012,247Net Income 2018: $17,5282018Revenue 2019: $1,107,643Expenses 2019: $1,025,267Net Income 2019: $82,3762019Revenue 2020: $796,610Expenses 2020: $873,108Net Income 2020: -$76,4982020Revenue 2021: $1,184,112Expenses 2021: $835,593Net Income 2021: $348,5192021Revenue 2022: $1,001,412Expenses 2022: $1,135,046Net Income 2022: -$133,6342022Revenue 2023: $1,096,496Expenses 2023: $1,181,738Net Income 2023: -$85,2422023Revenue 2024: $1,047,139Expenses 2024: $1,168,265Net Income 2024: -$121,1262024

Highlighted filing

2013

Revenue$339,753
Expenses$338,982
Net Income$771
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 23, 2014
Return Version
2013v3.1
Gross Receipts
$339,753
Mission and Program Overview

Mission

Dedicated to the education and care of young children.

The nest nursery school is dedicated to the education and care of young children. The nest nursery school upholds an image of the child as a powerful, competent, capable and integral member of the community. The school fosters a life-long love of learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets-$20,000-
Cash and Non-Interest-Bearing Accounts-$5,047-
Savings and Temporary Cash Investments-$4,378-
Rtn Earn Endowment Incm Other Fnds-$2,043-
Land, Buildings, and Equipment, Net-$914-
Total Assets$0$30,339▲ $30,339
Liabilities
Unsecured Notes Loans Payable-$15,000-
Accounts Payable and Accrued Expenses-$7,931-
Deferred Revenue-$5,365-
Total Liabilities$0$28,296▲ $28,296
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$2,043▲ $2,043
Total Liabilities and Net Assets / Fund Balance$0$30,339▲ $30,339

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$914$457-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teresa ColeCo-founder and AdministratorFT$34,675$407$35,082
Mandy PalmerCo-founder Toddler Educator aFT$32,940$392$33,332
Kristi CameronCo-founder and Pedagogical CoPT$23,474$198$23,672
Revenue and Support

Revenue Composition

Contributions and Grants
$22,818
Program Service Revenue
$316,933
Investment Income
$2
Other Revenue
$0
All Other Contributions
$7,826
Change in Net Assets
$771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,421
Other Expenses$81,561
Total Fundraising Expense$5,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,963$25,455-$141,418
Current Officers, Directors, Trustees, and Key Employees$71,710$15,629$4,597$91,936
Occupancy$25,314$5,557-$30,871
Payroll Taxes$16,963$3,697$1,088$21,748
Office Expenses$6,764$1,485-$8,249
Other Expenses$6,417$1,409-$7,826
Insurance$3,419$751-$4,170
Information Technology$2,706$594-$3,300
Other Employee Benefits$1,809$394$116$2,319
Conferences and Meetings$1,550$340-$1,890
Advertising$718$157-$875
Fees for Services Accounting$545$120-$665
Depreciation Depletion$375$82-$457
Interest$167$37-$204
Travel$164$36-$200
Total Functional Expenses$273,325$59,856$5,801$338,982
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
Backup withholding compliance
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
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 governing body review Part VI line 11

The leadership team meets on a weekly basis. The leadership team is intentionally composed of individuals who are invested in the daily life of the school. They share decision-making and make every effort to find consensus. The leadership team is composed of an administrator with accounting training and two pedagogical specialists with years of teaching experience. The leadership team reviews the operating statements on a monthly basis.

Conflict of interest policy compliance Part VI line 12C

Employees must manage their personal financial and business affairs to avoid conflicts of interest or the appearance of a conflict of interest. A conflict of interest arises when an employee's personal interest in a transaction, or an obligation s/he owes to someone else, comes into conflict with the employee's obligation to the nest nursery school or its clients. If an employee is confronted with a conflict of interest, s/he must disclose the conflict to a co-founder, describe the facts giving rise to the conflict, and excuse her/himself from any deliberation or decision with respect to the transaction.employees of the school may from time to time be asked and/or desire to provide babysitting services to the families of the school. While the school supports teachers in pursuing outside interests, working relationships with enrolled families may cause conflicts of interest. Therefore, any arrangements between staff and enrolled families for babysitting or other services are not sanctioned by the school. The school shall bear no responsibility and will be held harmless for the performance of any agreements between staff and enrolled families. In addition, any such services provided by staff to enrolled families must not be performed during normal school operating hours in order to avoid conflicts of interest.

Form 990 availability to public Part VI line 18

The public version of form 990 is available to the general public upon request.

Governing documents etc available to public Part VI line 19

The articles of incorporation are available on the georgia secretary of state website to the general public.

Filing and Contact Details

Filer

EIN
80-0869545

Signing Officer

Name
Teresa Cole
Title
Executive Direc
Signed
2014-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Cole
Formed
2012
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
24
Volunteers
20

Preparer

Preparer
Neal J Bach
Phone
6785511014
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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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ENTITY DOES NOT KEEP ANY RECORDS OF THE RACIAL MAKEUP OF THE STUDENTS OR STAFF. HIRING IS BASED ON QUALIFICATIONS, AND ADMISSIONS OF STUDENTS ARE FROM THE WAIT LIST FROM WHICH THERE IS NO INDICIATION OF RACE.THEIR ARE NO SCHOLORSHIPS OFFERED AT THIS TIME.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LEADERSHIP TEAM MEETS ON A WEEKLY BASIS. THE LEADERSHIP TEAM IS INTENTIONALLY COMPOSED OF INDIVIDUALS WHO ARE INVESTED IN THE DAILY LIFE OF THE SCHOOL. THEY SHARE DECISION-MAKING AND MAKE EVERY EFFORT TO FIND CONSENSUS. THE LEADERSHIP TEAM IS COMPOSED OF AN ADMINISTRATOR WITH ACCOUNTING TRAINING AND TWO PEDAGOGICAL SPECIALISTS WITH YEARS OF TEACHING EXPERIENCE. THE LEADERSHIP TEAM REVIEWS THE OPERATING STATEMENTS ON A MONTHLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYEES MUST MANAGE THEIR PERSONAL FINANCIAL AND BUSINESS AFFAIRS TO AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. A CONFLICT OF INTEREST ARISES WHEN AN EMPLOYEE'S PERSONAL INTEREST IN A TRANSACTION, OR AN OBLIGATION S/HE OWES TO SOMEONE ELSE, COMES INTO CONFLICT WITH THE EMPLOYEE'S OBLIGATION TO THE NEST NURSERY SCHOOL OR ITS CLIENTS. IF AN EMPLOYEE IS CONFRONTED WITH A CONFLICT OF INTEREST, S/HE MUST DISCLOSE THE CONFLICT TO A CO-FOUNDER, DESCRIBE THE FACTS GIVING RISE TO THE CONFLICT, AND EXCUSE HER/HIMSELF FROM ANY DELIBERATION OR DECISION WITH RESPECT TO THE TRANSACTION.EMPLOYEES OF THE SCHOOL MAY FROM TIME TO TIME BE ASKED AND/OR DESIRE TO PROVIDE BABYSITTING SERVICES TO THE FAMILIES OF THE SCHOOL. WHILE THE SCHOOL SUPPORTS TEACHERS IN PURSUING OUTSIDE INTERESTS, WORKING RELATIONSHIPS WITH ENROLLED FAMILIES MAY CAUSE CONFLICTS OF INTEREST. THEREFORE, ANY ARRANGEMENTS BETWEEN STAFF AND ENROLLED FAMILIES FOR BABYSITTING OR OTHER SERVICES ARE NOT SANCTIONED BY THE SCHOOL. THE SCHOOL SHALL BEAR NO RESPONSIBILITY AND WILL BE HELD HARMLESS FOR THE PERFORMANCE OF ANY AGREEMENTS BETWEEN STAFF AND ENROLLED FAMILIES. IN ADDITION, ANY SUCH SERVICES PROVIDED BY STAFF TO ENROLLED FAMILIES MUST NOT BE PERFORMED DURING NORMAL SCHOOL OPERATING HOURS IN ORDER TO AVOID CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PUBLIC VERSION OF FORM 990 IS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ARTICLES OF INCORPORATION ARE AVAILABLE ON THE GEORGIA SECRETARY OF STATE WEBSITE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
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IRS990/TotalProgramServiceRevenueAmt0316933
IRS990/TotalReportableCompFromOrgAmt091089
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0339753
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0http://thenestnurseryschool.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA COLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-23
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE NEST NURSERY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0NEST
ReturnHeader/Filer/EIN0800869545
ReturnHeader/Filer/USAddress/AddressLine10797 MORELAND AVE
ReturnHeader/Filer/USAddress/City0ATLANTA
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030316
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581274339
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BACH JAMES MANSOUR AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103885 CRESTWOOD PARKWAY STE 590
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode030096
ReturnHeader/PreparerPersonGrp/PhoneNum06785511014
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NEAL J BACH
ReturnHeader/ReturnTs02014-09-24T09:03:35-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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