Civic Intelligence

Ruth Washburn Cooperative Nursery School

990 • Fiscal year 2016 • EIN 84-0561864

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 13, 2016

914 N 19th StreetColorado Springs, CO 80904

(719) 636-3084

Siviq Scores

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

Liabilities / Assets

81st percentile

0.43x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.69x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$43,500

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

63rd percentile

6.6%

Faster asset growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$758,304

Up $47,207 (+6.6%) from 2015

Net Assets

Up

$435,958

Up $53,331 (+14%) from 2015

Liabilities

Down

$322,346

Down $6,124 (-1.9%) from 2015

Revenue

Up

$465,639

Up $49,127 (+12%) from 2015

Expenses

Up

$412,308

Up $21,170 (+5.4%) from 2015

Net Income

Up

$53,331

Up $27,957 (+110%) from 2015

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: $685,849Liabilities 2011: $375,894Net Assets 2011: $309,9552011Assets 2012: $689,708Liabilities 2012: $376,317Net Assets 2012: $313,3912012Assets 2013: $682,085Liabilities 2013: $374,234Net Assets 2013: $307,8512013Assets 2014: $689,886Liabilities 2014: $332,633Net Assets 2014: $357,2532014Assets 2015: $711,097Liabilities 2015: $328,470Net Assets 2015: $382,6272015Assets 2016: $758,304Liabilities 2016: $322,346Net Assets 2016: $435,9582016Assets 2017: $752,615Liabilities 2017: $270,048Net Assets 2017: $482,5672017Assets 2018: $743,189Liabilities 2018: $231,295Net Assets 2018: $511,8942018Assets 2019: $724,660Liabilities 2019: $193,903Net Assets 2019: $530,7572019Assets 2020: $748,505Liabilities 2020: $170,389Net Assets 2020: $578,1162020Assets 2021: $706,642Liabilities 2021: $63,615Net Assets 2021: $643,0272021Assets 2023: $764,802Liabilities 2023: $80,986Net Assets 2023: $683,8162023Assets 2024: $788,362Liabilities 2024: $30,555Net Assets 2024: $757,8072024Assets 2025: $701,765Liabilities 2025: $75,931Net Assets 2025: $625,8342025

Highlighted filing

2016

Assets$758,304
Liabilities$322,346
Net Assets$435,958

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $477,0962011Expenses 2012: $427,5302012Expenses 2013: $392,8252013Revenue 2014: $431,295Expenses 2014: $381,893Net Income 2014: $49,4022014Revenue 2015: $416,512Expenses 2015: $391,138Net Income 2015: $25,3742015Revenue 2016: $465,639Expenses 2016: $412,308Net Income 2016: $53,3312016Revenue 2017: $512,104Expenses 2017: $465,495Net Income 2017: $46,6092017Revenue 2018: $534,355Expenses 2018: $505,028Net Income 2018: $29,3272018Revenue 2019: $509,961Expenses 2019: $491,098Net Income 2019: $18,8632019Revenue 2020: $575,667Expenses 2020: $528,308Net Income 2020: $47,3592020Revenue 2021: $561,364Expenses 2021: $496,453Net Income 2021: $64,9112021Revenue 2023: $730,813Expenses 2023: $692,440Net Income 2023: $38,3732023Revenue 2024: $857,410Expenses 2024: $783,419Net Income 2024: $73,9912024Revenue 2025: $675,193Expenses 2025: $807,166Net Income 2025: -$131,9732025

Highlighted filing

2016

Revenue$465,639
Expenses$412,308
Net Income$53,331
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 13, 2016
Return Version
2015v2.1
Gross Receipts
$465,823
Mission and Program Overview

Mission

The schools exempt purpose is to provide an educational program for young children, their families and the community.

To provide an educational program for young children, their families, and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$510,748$518,830▲ $8,082
Cash and Non-Interest-Bearing Accounts$167,189$233,920▲ $66,731
Savings and Temporary Cash Investments$25,000--
Accounts Receivable$5,632$3,347▼ $2,285
Prepaid Expenses and Deferred Charges$2,418$2,149▼ $269
Inventories for Sale or Use$110$58▼ $52
Total Assets$711,097$758,304▲ $47,207
Liabilities
Mortgage Notes Payable Secured by Investment Property$281,957$270,037▼ $11,920
Deferred Revenue$37,413$29,430▼ $7,983
Accounts Payable and Accrued Expenses$9,100$22,879▲ $13,779
Total Liabilities$328,470$322,346▼ $6,124
Net Assets / Fund Balance
Unrestricted Net Assets$382,627$435,958▲ $53,331
Total Net Assets Fund Balance$382,627$435,958▲ $53,331
Total Liabilities and Net Assets / Fund Balance$711,097$758,304▲ $47,207

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$495,654$268,378$764,032
Equipment$12,102$23,311$35,413
Leasehold Improvements$6,074$8,578$14,652
Land$5,000-$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer FilonowichExecutive DirectorFT$43,500$43,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$51,624
Program Service Revenue
$368,801
Investment Income
$366
Other Revenue
$44,848
All Other Contributions
$3,911
Change in Net Assets
$53,331

Audited Revenue Reconciliation

Revenue per Audited Statements
$465,639
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$465,639
Total Revenue per Form 990
$465,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$260,508
Other Expenses$151,800
Total Fundraising Expense$18,913
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$142,241$56,254-$198,495
Current Officers, Directors, Trustees, and Key Employees$32,822$10,678-$43,500
Office Expenses$10,816$20,643-$31,459
Depreciation Depletion$16,667$2,084$2,083$20,834
Payroll Taxes$14,248$4,265-$18,513
Insurance$6,154$10,720-$16,874
Interest-$13,553-$13,553
Fees for Services Accounting-$12,433-$12,433
All Other Expenses$2,944$9,400-$12,344
Other Expenses-$5,489$562$5,489
Information Technology-$2,716-$2,716
Advertising-$1,083-$1,083
Total Functional Expenses$225,892$167,503$18,913$412,308

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$412,308
Total Expenses per Audited Statements$412,308
Total Expenses per Form 990$412,308
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 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, Section B, line 11

Members of the Board of Directors received an electronic copy of the 990 for review prior to submission.

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

The Board is required to sign the conflict of interest policy each year.

Form 990, Part VI, Section B, line 15A

The Board of Directors determines the executive director's compensation based on a performance review.

Form 990, Part VI, Section C, line 18

The form 990 is available for inspection upon request.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy, and financial statements are available for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Ruth Washburn Cooperative School
EIN
84-0561864
Phone
7196363084
Address
914 N 19th Street, Colorado Springs, CO 80904

Signing Officer

Name
Dave McAdams
Title
Treasurer
Phone
7196363084
Signed
2016-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave McAdams
Formed
1961
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
25
Volunteers
203

Preparer

Firm
Waugh & Goodwin Llp
Address
1365 GARDEN OF THE GODS SUITE 105, COLORADO SPRINGS, CO 80907
Preparer
Kenneth E Waugh CPA
Phone
7195909777
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Corporation qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and, accordingly, is not subject to federal income tax. Accordingly, no income tax provision has been recorded. The Corporation's Forms 990, Return of Organization Exempt from Income Tax, for the years ending 2011 to 2014 are subject to examination by various taxing authorities, generally for three years after the date they were filed. Management of the Corporation believes that it does not have any uncertain tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 454 raw XML fields

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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16858
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25489
IRS990/OtherExpensesGrp/TotalAmt016268
IRS990/OtherExpensesGrp/TotalAmt111327
IRS990/OtherExpensesGrp/TotalAmt27420
IRS990/OtherExpensesGrp/TotalAmt35489
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt039698
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt039698
IRS990/OtherRevenueTotalAmt039698
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056254
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0142241
IRS990/OtherSalariesAndWagesGrp/TotalAmt0198495
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04265
IRS990/PayrollTaxesGrp/ProgramServicesAmt014248
IRS990/PayrollTaxesGrp/TotalAmt018513
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02418
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02149
IRS990/PrincipalOfficerNm0Dave McAdams
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0368801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0368801
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt040493
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt017
IRS990/PYOtherExpensesAmt0134680
IRS990/PYOtherRevenueAmt040555
IRS990/PYProgramServiceRevenueAmt0335447
IRS990/PYRevenuesLessExpensesAmt025374
IRS990/PYSalariesCompEmpBnftPaidAmt0256458
IRS990/PYTotalExpensesAmt0391138
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0416512
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt053331
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0368801
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025000
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt0495654
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0268378
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0764032
IRS990ScheduleD/EquipmentGrp/BookValueAmt012102
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023311
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035413
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0412308
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06074
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08578
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014652
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0465639
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and, accordingly, is not subject to federal income tax. Accordingly, no income tax provision has been recorded. The Corporation's Forms 990, Return of Organization Exempt from Income Tax, for the years ending 2011 to 2014 are subject to examination by various taxing authorities, generally for three years after the date they were filed. Management of the Corporation believes that it does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0518830
IRS990ScheduleD/TotalExpensesPerForm990Amt0412308
IRS990ScheduleD/TotalRevenuePerForm990Amt0465639
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0465639
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0412308
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HANDBOOK STATES THE SCHOOL IS OPEN TO ALL, REGARDLESS OF RACE, GENDER, ETHNIC BACKGROUND, OR RELIGION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members of the Board of Directors received an electronic copy of the 990 for review prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board is required to sign the conflict of interest policy each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors determines the executive director's compensation based on a performance review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is available for inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy, and financial statements are available for inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0711097
IRS990/TotalAssetsEOYAmt0758304
IRS990/TotalAssetsGrp/BOYAmt0711097
IRS990/TotalAssetsGrp/EOYAmt0758304
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt051624
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018913
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0167503
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0225892
IRS990/TotalFunctionalExpensesGrp/TotalAmt0412308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0328470
IRS990/TotalLiabilitiesEOYAmt0322346
IRS990/TotalLiabilitiesGrp/BOYAmt0328470
IRS990/TotalLiabilitiesGrp/EOYAmt0322346
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0382627

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.02$0.76$6.26$6.75$8.07$1.32
2024Detailed filing. Detailed filing data is available for this year.$7.88$0.31$7.58$8.57$7.83$0.74
2023Detailed filing. Detailed filing data is available for this year.$7.65$0.81$6.84$7.31$6.92$0.38
2021Detailed filing. Detailed filing data is available for this year.$7.07$0.64$6.43$5.61$4.96$0.65
2020Detailed filing. Detailed filing data is available for this year.$7.49$1.70$5.78$5.76$5.28$0.47
2019Detailed filing. Detailed filing data is available for this year.$7.25$1.94$5.31$5.10$4.91$0.19
2018Detailed filing. Detailed filing data is available for this year.$7.43$2.31$5.12$5.34$5.05$0.29
2017Detailed filing. Detailed filing data is available for this year.$7.53$2.70$4.83$5.12$4.65$0.47
2016Detailed filing. Detailed filing data is available for this year.$7.58$3.22$4.36$4.66$4.12$0.53
2015Detailed filing. Detailed filing data is available for this year.$7.11$3.28$3.83$4.17$3.91$0.25
2014Detailed filing. Detailed filing data is available for this year.$6.90$3.33$3.57$4.31$3.82$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.82$3.74$3.08$3.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$3.76$3.13$4.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.86$3.76$3.10$4.77