Civic Intelligence

Kindergarten Readiness Collaborative

EIN 81-0827641 • 501(c)3 • Vero Beach, FL

Profile

To convene and support its partners in developing a high quality early childhood system that is family-centered.

1555 Indian River Boulevard No 24Vero Beach, FL 32960

www.krcirc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-79%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-53%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$0

Down $334,347 (-100%) from 2019

Liabilities

Down

$0

Down $13,425 (-100%) from 2019

Net Assets

Down

$0

Down $320,922 (-100%) from 2019

Revenue

Down

$129,845

Down $144,595 (-53%) from 2019

Expenses

Down

$232,639

Down $115,352 (-33%) from 2019

Net Income

Down

-$102,794

Down $29,243 (-40%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2016: $562,058Liabilities 2016: $1,251Net Assets 2016: $560,8072016Assets 2017: $436,352Liabilities 2017: $6,400Net Assets 2017: $429,9522017Assets 2018: $409,427Liabilities 2018: $14,954Net Assets 2018: $394,4732018Assets 2019: $334,347Liabilities 2019: $13,425Net Assets 2019: $320,9222019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2016: $645,018Expenses 2016: $84,211Net Income 2016: $560,8072016Revenue 2017: $42,354Expenses 2017: $173,209Net Income 2017: -$130,8552017Revenue 2018: $237,532Expenses 2018: $273,011Net Income 2018: -$35,4792018Revenue 2019: $274,440Expenses 2019: $347,991Net Income 2019: -$73,5512019Revenue 2020: $129,845Expenses 2020: $232,639Net Income 2020: -$102,7942020

Highlighted filing

2020

Revenue$129,845
Expenses$232,639
Net Income-$102,794

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Mar 31, 2020
Signed
Aug 12, 2020
Return Version
2019v5.1
Gross Receipts
$129,845
Mission and Program Overview

Mission

To convene and support its partners in developing a high quality early childhood system that is family-centered.

To convene and support its partners in developing a high quality early childhood system that is family-centered. As part of the moonshot moment, its vision is that all children in indian river county are prepared for kindergarten across the five critical domains: social/emotional, physical health and well-being, cognitive, communication, and adaptive learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$270,972$0▼ $270,972
Cash and Non-Interest-Bearing Accounts$53,130$0▼ $53,130
Land, Buildings, and Equipment, Net$5,906$0▼ $5,906
Prepaid Expenses and Deferred Charges$1,935$0▼ $1,935
Accounts Receivable$404$0▼ $404
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Total Assets$334,347$0▼ $334,347
Other Assets Total$2,000$0▼ $2,000
Liabilities
Accounts Payable and Accrued Expenses$13,425$0▼ $13,425
Total Liabilities$13,425$0▼ $13,425
Net Assets / Fund Balance
Net Assets With Donor Restrictions$308,747$0▼ $308,747
Net Assets Without Donor Restrictions$12,175$0▼ $12,175
Total Net Assets Fund Balance$320,922$0▼ $320,922
Total Liabilities and Net Assets / Fund Balance$334,347$0▼ $334,347
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nivea L TorresExecutive DirectorFT$93,600$93,600

Board Members and Trustees

NameTitle
Fran AdamsChair
Meredith EganPast Chair
Lenora RitchieVice Chairman
Barbara HammondDirector
Brooke FloodDirector
Christine RyallDirector
Kerry BartlettDirector
Marlynn ScullyDirector
Shannon Mcguire BowmanDirector
Hope WoodhouseSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$129,373
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$472
All Other Contributions
$73,128
Change in Net Assets
$-102,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,513
Other Expenses$65,126
Total Fundraising Expense$9,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$75,290$2,229$2,325$79,844
Current Officers, Directors, Trustees, and Key Employees$64,407$3,366$4,948$72,721
Office Expenses$28,391$622$237$29,250
Fees for Services Accounting-$13,261-$13,261
Payroll Taxes$10,662$427$676$11,765
Occupancy$9,371$442$730$10,543
Advertising$5,580--$5,580
Other Employee Benefits$2,901$95$187$3,183
Insurance$1,707$90$131$1,928
Depreciation Depletion$1,438$52$96$1,586
Fees for Services Other$758$640-$1,398
Conferences and Meetings$1,114--$1,114
Other Expenses$71$395$0$466
Total Functional Expenses$201,690$21,619$9,330$232,639
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
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
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The return is prepared by the organization's external accountant; reviewed and approved by the organization's treasurer; and, provided to all members of the board of directors for their review and approval.

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

The organization maintains a conflict of interest policy and requires all directors and officers to sign an annual statement that they have received a copy of the policy, read and understand the policy, and agree to comply with it.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Kindergarten Readiness Collaborative
EIN
81-0827641
Phone
7726174350
Address
1555 INDIAN RIVER BOULEVARD NO 24, VERO BEACH, FL 32960

Signing Officer

Name
Hope Woodhouse
Title
Treasurer
Phone
7726174350
Signed
2020-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hope Woodhouse
Formed
2016
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
100

Preparer

Firm
Morgan Jacoby Thurn Boyle & Assoc Pa
Address
700 20TH ST, VERO BEACH, FL 32960
Preparer
Casper J Jacoby
Phone
7725624158
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The organization merged with another 501(c)(3) entity effective april 1, 2020 and therefore has ceased operations as of the end of march 31, 2020. Program operations will continue in the merged entity - see schedule n.

FORM 990, PART XI, LINE 9:

Transfer of net assets under merger - see schedule n. -218,128.

Form 990, Part XII, Line 2C

The organization's treasurer, with finance committee, assumes responsibility for oversight of form 990 preparation.

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IRS990/PYRevenuesLessExpensesAmt0-73551
IRS990/PYSalariesCompEmpBnftPaidAmt0219990
IRS990/PYTotalExpensesAmt0347991
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0274440
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-102794
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS FORMED ON DECEMBER 10, 2015, THEREFORE 2015 IS A SHORT YEAR. THE ORGANIZATION MERGED WITH ANOTHER 501(C)(3) ENTITY EFFECTIVE APRIL 1, 2020, THEREFORE 2019 IS A SHORT YEAR ENDING MARCH 31, 2020.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 13
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0129373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0270225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0237016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt042354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0645018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01323986
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0772250
IRS990ScheduleA/SubstantialContributorsTotAmt0551736
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0129373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0270225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0237016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt042354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0645018
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01323986
IRS990ScheduleA/TotalSupportAmt01323986
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL NET ASSETS CONSISTING OF CASH, RECEIVABLES AND FIXED ASSETS, LESS OUTSTANDING PAYABLES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0THE LEARNING ALLIANCE INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-03-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0270725986
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0218128
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CARRYING VALUE OF ASSETS TRANSFERRED ON DATE OF MERGER.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 2647
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0VERO BEACH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0FL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd032961
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: DR. NIVEA L. TORRES
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: DR. TORRES SERVED AS EXECUTIVE DIRECTOR FOR KINDERGARTEN READINESS COLLABORATIVE AND WILL SERVE AS PROGRAM MANAGER WITH THE LEARNING ALLIANCE, INC.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MERGED WITH THE LEARNING ALLIANCE, INC., A 501(C)(3) ORGANIZATION, EFFECTIVE APRIL 1, 2020. THE LEARNING ALLIANCE, INC. WILL CARRY ON THE ORGANIZATION'S PROGRAM AS PART OF ITS PROGRAMS OFFERRED IN THE COMMUNITY. SEE ARTICLES OF MERGER ATTACHED.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MERGED WITH ANOTHER 501(C)(3) ENTITY EFFECTIVE APRIL 1, 2020 AND THEREFORE HAS CEASED OPERATIONS AS OF THE END OF MARCH 31, 2020. PROGRAM OPERATIONS WILL CONTINUE IN THE MERGED ENTITY - SEE SCHEDULE N.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY THE ORGANIZATION'S EXTERNAL ACCOUNTANT; REVIEWED AND APPROVED BY THE ORGANIZATION'S TREASURER; AND, PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY AND REQUIRES ALL DIRECTORS AND OFFICERS TO SIGN AN ANNUAL STATEMENT THAT THEY HAVE RECEIVED A COPY OF THE POLICY, READ AND UNDERSTAND THE POLICY, AND AGREE TO COMPLY WITH IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER OF NET ASSETS UNDER MERGER - SEE SCHEDULE N. -218,128.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S TREASURER, WITH FINANCE COMMITTEE, ASSUMES RESPONSIBILITY FOR OVERSIGHT OF FORM 990 PREPARATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0334347
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0334347
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0129373
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09330
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021619
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0201690
IRS990/TotalFunctionalExpensesGrp/TotalAmt0232639
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013425
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt013425
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0320922
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0201690
IRS990/TotalReportableCompFromOrgAmt093600
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0472
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0129845

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