Civic Intelligence

Washington Park Early Learning Center

990 • Fiscal year 2014 • EIN 84-0646196

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 13, 2014

400 South Williams Street Suite A80209

(303) 777-2703

Siviq Scores

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

Liabilities / Assets

87th percentile

0.38x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

0.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

86th percentile

$31,801

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 30.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

56th percentile

5.4%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

66th percentile

14%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Up

$114,681

Up $5,917 (+5.4%) from 2013

Net Assets

Down

$70,553

Down $25,653 (-27%) from 2013

Liabilities

Up

$44,128

Up $31,570 (+251%) from 2013

Revenue

$106,164

No earlier filing loaded for comparison.

Expenses

Up

$131,817

Up $47,055 (+56%) from 2013

Net Income

-$25,653

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.

$1.0M$500K$0Assets 2010: $87,596Liabilities 2010: $17,175Net Assets 2010: $70,4212010Assets 2011: $83,611Liabilities 2011: $18,775Net Assets 2011: $64,8362011Assets 2012: $98,691Liabilities 2012: $18,405Net Assets 2012: $80,2862012Assets 2013: $108,764Liabilities 2013: $12,558Net Assets 2013: $96,2062013Assets 2014: $114,681Liabilities 2014: $44,128Net Assets 2014: $70,5532014Assets 2015: $139,402Liabilities 2015: $16,564Net Assets 2015: $122,8382015Assets 2016: $181,324Liabilities 2016: $30,394Net Assets 2016: $150,9302016Assets 2017: $210,213Liabilities 2017: $69,121Net Assets 2017: $141,0922017Assets 2018: $240,868Liabilities 2018: $60,887Net Assets 2018: $179,9812018Assets 2019: $272,192Liabilities 2019: $61,167Net Assets 2019: $211,0252019Assets 2020: $305,363Liabilities 2020: $95,858Net Assets 2020: $209,5052020Assets 2021: $336,417Liabilities 2021: $66,631Net Assets 2021: $269,7862021Assets 2022: $430,956Liabilities 2022: $0Net Assets 2022: $430,9562022Assets 2023: $486,434Liabilities 2023: $0Net Assets 2023: $486,4342023Assets 2024: $782,278Liabilities 2024: $0Net Assets 2024: $782,2782024Assets 2025: $919,986Liabilities 2025: $0Net Assets 2025: $919,9862025

Highlighted filing

2014

Assets$114,681
Liabilities$44,128
Net Assets$70,553

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $71,1942010Revenue 2011: $72,577Expenses 2011: $78,162Net Income 2011: -$5,5852011Expenses 2012: $85,3722012Expenses 2013: $84,7622013Revenue 2014: $106,164Expenses 2014: $131,817Net Income 2014: -$25,6532014Revenue 2015: $222,203Expenses 2015: $169,918Net Income 2015: $52,2852015Revenue 2016: $195,854Expenses 2016: $167,762Net Income 2016: $28,0922016Revenue 2017: $200,723Expenses 2017: $210,561Net Income 2017: -$9,8382017Revenue 2018: $247,381Expenses 2018: $208,492Net Income 2018: $38,8892018Revenue 2019: $280,483Expenses 2019: $249,439Net Income 2019: $31,0442019Revenue 2020: $269,533Expenses 2020: $271,053Net Income 2020: -$1,5202020Revenue 2021: $307,953Expenses 2021: $251,281Net Income 2021: $56,6722021Revenue 2022: $464,803Expenses 2022: $299,343Net Income 2022: $165,4602022Revenue 2023: $368,801Expenses 2023: $330,369Net Income 2023: $38,4322023Revenue 2024: $622,758Expenses 2024: $349,559Net Income 2024: $273,1992024Revenue 2025: $501,097Expenses 2025: $366,525Net Income 2025: $134,5722025

Highlighted filing

2014

Revenue$106,164
Expenses$131,817
Net Income-$25,653
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Aug 13, 2014
Return Version
2013v3.0
Gross Receipts
$107,570
Mission and Program Overview

Mission

Wpelc is a parent cooperative preschool where children learn in a joyful & safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$96,206$70,553▼ $25,653
Cash and Non-Interest-Bearing Accounts$45,432$55,558▲ $10,126
Land, Buildings, and Equipment, Net$2,417$39,315▲ $36,898
Savings and Temporary Cash Investments$48,650$19,418▼ $29,232
Accounts Receivable$3,965--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$108,764$114,681▲ $5,917
Other Assets Total$8,300$390▼ $7,910
Liabilities
Deferred Revenue$11,080$43,890▲ $32,810
Other Liabilities$1,478$238▼ $1,240
Total Liabilities$12,558$44,128▲ $31,570
Net Assets / Fund Balance
Total Net Assets Fund Balance$96,206$70,553▼ $25,653
Total Liabilities and Net Assets / Fund Balance$108,764$114,681▲ $5,917

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,100$2,564-
Leasehold Improvements$38,215$42,751-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah MogenDirectorPT$31,801$31,801

Board Members and Trustees

NameTitle
Nick RosenEducation Co Chair
Renata BaumanEducation Co Chair
Katie PruittEnrichment Chair
Annie ImmeleFundraising Co Chair
Sarah GalbraithFundraising Co Chair
Molly NavettaPublicity Chair
Rebecca LedgesRelocation Committee Chair
Jennifer EnglebyCoordinator
Carrie DenhamEarly Learner Class Representative
Liz SolanPreschool Class Representative
Kara ChitwoodSecretary
Alex ClaypoolSupplies & Maintenance
Kim KobernuszTreasurer
Patrycja DeuxVice Coordinator
Revenue and Support

Revenue Composition

Contributions and Grants
$9,979
Program Service Revenue
$65,957
Investment Income
$4,148
Other Revenue
$26,080
All Other Contributions
$9,979
Change in Net Assets
$-25,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,278
Salaries, Compensation, and Employee Benefits$60,510
Grants and Similar Amounts Paid$1,029
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$43,461--$43,461
Current Officers, Directors, Trustees, and Key Employees$31,801--$31,801
Other Salaries and Wages$24,269--$24,269
Occupancy$16,843--$16,843
Payroll Taxes$4,440--$4,440
All Other Expenses$2,063--$2,063
Insurance$1,821--$1,821
Office Expenses$1,350--$1,350
Grants to Domestic Individuals$1,029--$1,029
Other Expenses$558--$558
Fees for Services Accounting-$500-$500
Advertising$401--$401
Total Functional Expenses$131,317$500$0$131,817
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,459
Fundraising Direct Expenses$379
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$10,331$10,331$379$9,952
Event 1$6,723$6,723-$6,723
Total Events$26,459$26,459$379$26,080
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$238
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

The form 990 is available for review upon request.

Form 990, Part VI, Section C, Line 18

The organization makes its public records to the general public upon request.

Form 990, Part VI, Section C, Line 19

All governing documents & financial statements are made available to wpelc families & other members of the community upon request.

Filing and Contact Details

Filer

EIN
84-0646196
Phone
3037772703

Signing Officer

Name
Kimberly Kobernusz
Title
Treasurer
Phone
3037772703
Signed
2014-08-13
Discuss with paid preparer
Yes

Organization Details

Formed
1973
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
75

Preparer

Preparer
Marc R Bradac CPA Mt
Phone
3033881010
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE COORDINATOR
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IRS990/OtherAssetsTotalGrp/BOYAmt08300
IRS990/OtherAssetsTotalGrp/EOYAmt0390
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1SECURITY DEPOSIT
IRS990/OtherExpensesGrp/Desc2TEACHER EDUCATION
IRS990/OtherExpensesGrp/Desc3WORKERS COMPENSATION
IRS990/OtherExpensesGrp/ProgramServicesAmt01396
IRS990/OtherExpensesGrp/ProgramServicesAmt11200
IRS990/OtherExpensesGrp/ProgramServicesAmt2685
IRS990/OtherExpensesGrp/ProgramServicesAmt3558
IRS990/OtherExpensesGrp/TotalAmt01396
IRS990/OtherExpensesGrp/TotalAmt11200
IRS990/OtherExpensesGrp/TotalAmt2685
IRS990/OtherExpensesGrp/TotalAmt3558
IRS990/OtherLiabilitiesGrp/BOYAmt01478
IRS990/OtherLiabilitiesGrp/EOYAmt0238
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024269
IRS990/OtherSalariesAndWagesGrp/TotalAmt024269
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04440
IRS990/PayrollTaxesGrp/TotalAmt04440
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt065957
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt065957
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0350
IRS990/PYInvestmentIncomeAmt019
IRS990/PYOtherExpensesAmt023575
IRS990/PYOtherRevenueAmt021114
IRS990/PYProgramServiceRevenueAmt079549
IRS990/PYRevenuesLessExpensesAmt015920
IRS990/PYSalariesCompEmpBnftPaidAmt060837
IRS990/PYTotalExpensesAmt084762
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0100682
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-25653
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt065957
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt096206
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt070553
IRS990/SavingsAndTempCashInvstGrp/BOYAmt048650
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019418
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt038215
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042751
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt080966
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01100
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02564
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt03664
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0238
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039315
IRS990ScheduleD/TotalLiabilityAmt0238
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/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT PUBLICIZE THROUGH THE NEWSPAPER OR BROADCAST MEDIA. DUE TO THE SMALL SIZE OF THE SCHOOL THE ORGANIZATION'S PUBLICITY IS SOLEY THROUGH ITS BROCHURES & WRITTEN COMMUNICATION, WHICH ALL CONTAIN A DESCRIPTION OF ITS NONDISCRIMINATORY POLICY. IN THIS WAY THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY THE SCHOOL SERVES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT MAINTAIN RECORDS ON RACIAL COMPOSITION. CHILDREN ARE ACCEPTED INTO THE SCHOOL ON A FIRST COME FIRST SERVE BASIS, AS LONG AS PARENTS AGREE TO THE REQUIREMENTS OF THE ORGANIZATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0379
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt06723
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt09405
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06723
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09405
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026459
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GROCERY CERTIFICATE FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt026080
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0379
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0379
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS PUBLIC RECORDS TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS & FINANCIAL STATEMENTS ARE MADE AVAILABLE TO WPELC FAMILIES & OTHER MEMBERS OF THE COMMUNITY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0108764
IRS990/TotalAssetsEOYAmt0114681
IRS990/TotalAssetsGrp/BOYAmt0108764
IRS990/TotalAssetsGrp/EOYAmt0114681
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09979
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0131317
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131817
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012558
IRS990/TotalLiabilitiesEOYAmt044128
IRS990/TotalLiabilitiesGrp/BOYAmt012558
IRS990/TotalLiabilitiesGrp/EOYAmt044128
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt096206
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt070553
IRS990/TotalOtherCompensationAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.20$0.00$9.20$5.01$3.67$1.35
2024Detailed filing. Detailed filing data is available for this year.$7.82$0.00$7.82$6.23$3.50$2.73
2023Detailed filing. Detailed filing data is available for this year.$4.86$0.00$4.86$3.69$3.30$0.38
2022Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$4.65$2.99$1.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.67$2.70$3.08$2.51$0.57
2020Detailed filing. Detailed filing data is available for this year.$3.05$0.96$2.10$2.70$2.71$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.72$0.61$2.11$2.80$2.49$0.31
2018Detailed filing. Detailed filing data is available for this year.$2.41$0.61$1.80$2.47$2.08$0.39
2017Detailed filing. Detailed filing data is available for this year.$2.10$0.69$1.41$2.01$2.11$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.81$0.30$1.51$1.96$1.68$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.17$1.23$2.22$1.70$0.52
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.44$0.71$1.06$1.32$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.13$0.96$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.18$0.80$0.85
2011Summary only. Only limited summary data is available for this year.$0.84$0.19$0.65$0.73$0.78$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.17$0.70$0.71