Civic Intelligence

Boxwood Learning Center Inc.

990 • Fiscal year 2020 • EIN 81-4945906

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

115 West Second AvenueRoselle, NJ 07203

(908) 241-6862

Siviq Scores

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

Liabilities / Assets

75th percentile

0.15x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Net Margin

56th percentile

9.2%

Higher net margin than 56% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$35,008

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Assets

$17,749

No earlier filing loaded for comparison.

Net Assets

$15,165

No earlier filing loaded for comparison.

Liabilities

$2,584

No earlier filing loaded for comparison.

Revenue

$165,209

No earlier filing loaded for comparison.

Expenses

$150,084

No earlier filing loaded for comparison.

Net Income

$15,125

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.

$200K$150K$100K$50K$0-$50KAssets 2020: $17,749Liabilities 2020: $2,584Net Assets 2020: $15,1652020Assets 2021: $40,000Liabilities 2021: $1,495Net Assets 2021: $38,5052021Assets 2022: $2,053Liabilities 2022: $0Net Assets 2022: $2,0532022Assets 2023: $15,149Liabilities 2023: $21,616Net Assets 2023: -$6,4672023Assets 2024: $160,816Liabilities 2024: $31,661Net Assets 2024: $129,1552024

Highlighted filing

2020

Assets$17,749
Liabilities$2,584
Net Assets$15,165

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $165,209Expenses 2020: $150,084Net Income 2020: $15,1252020Revenue 2021: $207,151Expenses 2021: $168,646Net Income 2021: $38,5052021Revenue 2022: $112,995Expenses 2022: $110,942Net Income 2022: $2,0532022Revenue 2023: $136,522Expenses 2023: $150,280Net Income 2023: -$13,7582023Revenue 2024: $564,979Expenses 2024: $429,233Net Income 2024: $135,7462024

Highlighted filing

2020

Revenue$165,209
Expenses$150,084
Net Income$15,125
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Gross Receipts
$165,209
Mission and Program Overview

Mission

The boxwood learning center is a 501(c)(3) nonprofit organization. The organization's mission is to provide innovative educational, entrepreneurship, and mentoring services to young adults ages 16-21. The organization aspires to create learning environments for supporting the whole person by way of tutoring, mentoring, and career exploration along with exposing youth to careers in the science, technology, engineering, and math fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$17,353-
Cash and Non-Interest-Bearing Accounts$40$396▲ $356
Total Assets$40$17,749▲ $17,709
Liabilities
Accounts Payable and Accrued Expenses-$2,584-
Total Liabilities$0$2,584▲ $2,584
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$40$15,165▲ $15,125
Total Net Assets Fund Balance$40$15,165▲ $15,125
Total Liabilities and Net Assets / Fund Balance$40$17,749▲ $17,709
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marie Thelusma-chaseExecutive DiFT$35,008$35,008

Board Members and Trustees

NameTitle
Elonia FariaTrustee
Michelle ClarkeSecretary
Leonardo GaleanoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$150,490
Program Service Revenue
$6,663
Investment Income
$0
Other Revenue
$8,056
All Other Contributions
$150,490
Change in Net Assets
$15,125

Audited Revenue Reconciliation

Revenue per Audited Statements
$165,209
Total Revenue per Audited Statements
$165,209
Total Revenue per Form 990
$165,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$77,790
Other Expenses$72,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$35,008--$35,008
Other Salaries and Wages$32,694$1,792-$34,486
Occupancy$6,000$15,365-$21,365
Fees for Services Other$12,070$1,591-$13,661
Payroll Taxes$7,414$196-$7,610
Office Expenses-$4,616-$4,616
Information Technology$1,621$1,937-$3,558
Other Expenses$1,894$88-$1,982
Insurance$1,186--$1,186
Advertising-$1,179-$1,179
Other Employee Benefits$668$18-$686
Travel$127$351-$478
All Other Expenses-$83-$83
Total Functional Expenses$114,357$35,727$0$150,084

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$150,084
Total Expenses per Audited Statements$150,084
Total Expenses per Form 990$150,084
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
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

The typical process includes review of form 990 by executive director and external cpa firm prior to filing with internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Board members are required to annually disclose any relationships, transactions, positions held or circumstances that they believe could contribute to a conflict of interest between boxwood learning center, inc. And their personal interest,financial or otherwise.

Form 990, Page 6, Part VI, Line 15A

The board independently reviews the salary and compensation of the executive director and key employees to ensure reasonableness. Comparable data is evaluated and documented to support review.

Form 990, Page 6, Part VI, Line 19

All governing documents are made available to the public upon request. An individual can make a request to view governing documents at an appointed time during business hours at the organization's office address.

Filing and Contact Details

Filer

Filer Name
Boxwood Learning Center Inc
EIN
81-4945906
Phone
9082416862
Address
115 WEST SECOND AVENUE, ROSELLE, NJ 07203

Signing Officer

Name
Marie Thelusma-chase
Title
Executive Director
Phone
9082416862
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marie Thelusma-chase
Formed
2018
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
8
Volunteers
1,015

Preparer

Firm
Ml Perry CPA
Address
1075 EASTON AVE TOWER 2 STE 3, SOMERSET, NJ 08873
Preparer
Mark Perry
Phone
7322209700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The boxwood learning center is a 501(c)(3) nonprofit organization. The organization's mission is to provide innovative educational, entrepreneurship, and mentoring services to young adults ages 16-21. The organization aspires to create learning environments for supporting the whole person by way of tutoring, mentoring, and career exploration along with exposing youth to careers in the science, technology, engineering, and math fields.

Form 990, Page 2, Part III, Line 4A

Career exploration and job readiness program. The program prepares studens with the essential skills needed to find, acquire, maintain, and grow within a job/career.career readiness includes such important topics as communication critical thinking emotional intelligence financial literacy time management stress management preparing students for life after school also includes both in-class instruction and apprenticeships, internships, externships, and co-ops, which encourage students to put their newly acquired skills to practice and even pick up new real-world skills they cant necessarily acquire from inside a classroom.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOXWOOD LEARNING CENTER IS A 501(C)(3) NONPROFIT ORGANIZATION. THE ORGANIZATION'S MISSION IS TO PROVIDE INNOVATIVE EDUCATIONAL, ENTREPRENEURSHIP, AND MENTORING SERVICES TO YOUNG ADULTS AGES 16-21. THE ORGANIZATION ASPIRES TO CREATE LEARNING ENVIRONMENTS FOR SUPPORTING THE WHOLE PERSON BY WAY OF TUTORING, MENTORING, AND CAREER EXPLORATION ALONG WITH EXPOSING YOUTH TO CAREERS IN THE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH FIELDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CAREER EXPLORATION AND JOB READINESS PROGRAM. THE PROGRAM PREPARES STUDENS WITH THE ESSENTIAL SKILLS NEEDED TO FIND, ACQUIRE, MAINTAIN, AND GROW WITHIN A JOB/CAREER.CAREER READINESS INCLUDES SUCH IMPORTANT TOPICS AS COMMUNICATION CRITICAL THINKING EMOTIONAL INTELLIGENCE FINANCIAL LITERACY TIME MANAGEMENT STRESS MANAGEMENT PREPARING STUDENTS FOR LIFE AFTER SCHOOL ALSO INCLUDES BOTH IN-CLASS INSTRUCTION AND APPRENTICESHIPS, INTERNSHIPS, EXTERNSHIPS, AND CO-OPS, WHICH ENCOURAGE STUDENTS TO PUT THEIR NEWLY ACQUIRED SKILLS TO PRACTICE AND EVEN PICK UP NEW REAL-WORLD SKILLS THEY CANT NECESSARILY ACQUIRE FROM INSIDE A CLASSROOM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TYPICAL PROCESS INCLUDES REVIEW OF FORM 990 BY EXECUTIVE DIRECTOR AND EXTERNAL CPA FIRM PRIOR TO FILING WITH INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY RELATIONSHIPS, TRANSACTIONS, POSITIONS HELD OR CIRCUMSTANCES THAT THEY BELIEVE COULD CONTRIBUTE TO A CONFLICT OF INTEREST BETWEEN BOXWOOD LEARNING CENTER, INC. AND THEIR PERSONAL INTEREST,FINANCIAL OR OTHERWISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD INDEPENDENTLY REVIEWS THE SALARY AND COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES TO ENSURE REASONABLENESS. COMPARABLE DATA IS EVALUATED AND DOCUMENTED TO SUPPORT REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. AN INDIVIDUAL CAN MAKE A REQUEST TO VIEW GOVERNING DOCUMENTS AT AN APPOINTED TIME DURING BUSINESS HOURS AT THE ORGANIZATION'S OFFICE ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt040
IRS990/TotalAssetsEOYAmt017749
IRS990/TotalAssetsGrp/BOYAmt040
IRS990/TotalAssetsGrp/EOYAmt017749
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0150490
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035727
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0114357
IRS990/TotalFunctionalExpensesGrp/TotalAmt0150084
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02584
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02584
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt040
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015165
IRS990/TotalProgramServiceExpensesAmt0114357
IRS990/TotalProgramServiceRevenueAmt06663
IRS990/TotalReportableCompFromOrgAmt035008
IRS990/TotalRevenueGrp/ExclusionAmt014719
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0165209
IRS990/TotalVolunteersCnt01015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt040
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017749
IRS990/TravelGrp/ManagementAndGeneralAmt0351
IRS990/TravelGrp/ProgramServicesAmt0127
IRS990/TravelGrp/TotalAmt0478
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt022 WILLIAM STREET
IRS990/USAddress/CityNm0MAPLEWOOD
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007040
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BOXWOODNJ.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARIE THELUSMA-CHASE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09082416862
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOXWOOD LEARNING CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0BOXW
ReturnHeader/Filer/EIN0814945906
ReturnHeader/Filer/PhoneNum09082416862
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 WEST SECOND AVENUE
ReturnHeader/Filer/USAddress/CityNm0ROSELLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223630716
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ML PERRY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01075 EASTON AVE TOWER 2 STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOMERSET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008873
ReturnHeader/PreparerPersonGrp/PhoneNum07322209700
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK PERRY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-24T20:58:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THELUSMA-CHASE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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