Civic Intelligence

Seeds of Learning

990 • Fiscal year 2014 • EIN 84-1450521

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 14, 2015

PO Box 5831Pagosa Springs, CO 81147

(970) 264-5513

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

41st percentile

0.07x

Higher debt load relative to revenue than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

53rd percentile

3.7%

Higher net margin than 53% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

48th percentile

$58,242

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

42nd percentile

0.2%

Faster asset growth than 42% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,309,665

Up $2,017 (+0.2%) from 2013

Net Assets

Down

$1,262,226

Down $11,980 (-0.9%) from 2013

Liabilities

Up

$47,439

Up $13,997 (+42%) from 2013

Revenue

Up

$687,929

Up $81,363 (+13%) from 2013

Expenses

Up

$662,308

Up $68,964 (+12%) from 2013

Net Income

Up

$25,621

Up $12,399 (+94%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,435,294Liabilities 2010: $29,352Net Assets 2010: $1,405,9422010Assets 2011: $1,319,460Liabilities 2011: $13,145Net Assets 2011: $1,306,3152011Assets 2012: $1,280,528Liabilities 2012: $19,544Net Assets 2012: $1,260,9842012Assets 2013: $1,307,648Liabilities 2013: $33,442Net Assets 2013: $1,274,2062013Assets 2014: $1,309,665Liabilities 2014: $47,439Net Assets 2014: $1,262,2262014Assets 2015: $1,453,004Liabilities 2015: $34,076Net Assets 2015: $1,418,9282015Assets 2016: $1,418,949Liabilities 2016: $41,868Net Assets 2016: $1,377,0812016Assets 2017: $1,386,816Liabilities 2017: $48,854Net Assets 2017: $1,337,9622017Assets 2018: $1,521,641Liabilities 2018: $41,395Net Assets 2018: $1,480,2462018Assets 2019: $1,629,354Liabilities 2019: $34,454Net Assets 2019: $1,594,9002019Assets 2020: $1,850,256Liabilities 2020: $51,231Net Assets 2020: $1,799,0252020Assets 2021: $2,362,490Liabilities 2021: $39,916Net Assets 2021: $2,322,5742021Assets 2022: $2,648,897Liabilities 2022: $44,211Net Assets 2022: $2,604,6862022Assets 2023: $2,821,012Liabilities 2023: $66,911Net Assets 2023: $2,754,1012023Assets 2024: $3,047,341Liabilities 2024: $74,468Net Assets 2024: $2,972,8732024

Highlighted filing

2014

Assets$1,309,665
Liabilities$47,439
Net Assets$1,262,226

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $514,1172010Expenses 2011: $534,0152011Expenses 2012: $564,0852012Revenue 2013: $606,566Expenses 2013: $593,344Net Income 2013: $13,2222013Revenue 2014: $687,929Expenses 2014: $662,308Net Income 2014: $25,6212014Revenue 2015: $827,142Expenses 2015: $670,440Net Income 2015: $156,7022015Revenue 2016: $649,742Expenses 2016: $691,589Net Income 2016: -$41,8472016Revenue 2017: $648,464Expenses 2017: $687,583Net Income 2017: -$39,1192017Revenue 2018: $787,990Expenses 2018: $678,800Net Income 2018: $109,1902018Revenue 2019: $859,320Expenses 2019: $744,666Net Income 2019: $114,6542019Revenue 2020: $872,109Expenses 2020: $667,984Net Income 2020: $204,1252020Revenue 2021: $1,309,790Expenses 2021: $785,850Net Income 2021: $523,9402021Revenue 2022: $1,238,725Expenses 2022: $878,150Net Income 2022: $360,5752022Revenue 2023: $1,041,234Expenses 2023: $944,966Net Income 2023: $96,2682023Revenue 2024: $1,216,418Expenses 2024: $1,081,471Net Income 2024: $134,9472024

Highlighted filing

2014

Revenue$687,929
Expenses$662,308
Net Income$25,621
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 14, 2015
Return Version
2014v5.0
Gross Receipts
$687,929
Mission and Program Overview

Mission

Education & early childhood care

Education & early childhood care our mission is to provide high quality early care and education to children ages 18 months through age 5, regardless of family structure or income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$963,530$942,448▼ $21,082
Cash and Non-Interest-Bearing Accounts$262,946$324,311▲ $61,365
Pledges and Grants Receivable$36,700$36,500▼ $200
Prepaid Expenses and Deferred Charges$4,114$4,113▼ $1
Accounts Receivable$2,757$2,293▼ $464
Total Assets$1,270,047$1,309,665▲ $39,618
Liabilities
Accounts Payable and Accrued Expenses$24,939$30,452▲ $5,513
Deferred Revenue$8,503$16,987▲ $8,484
Total Liabilities$33,442$47,439▲ $13,997
Net Assets / Fund Balance
Unrestricted Net Assets$1,194,261$1,225,726▲ $31,465
Temporarily Rstr Net Assets$42,344$36,500▼ $5,844
Total Net Assets Fund Balance$1,236,605$1,262,226▲ $25,621
Total Liabilities and Net Assets / Fund Balance$1,270,047$1,309,665▲ $39,618

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$904,499$253,126-
Equipment$37,949--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynne BridgesExec DirectorFT$58,242$58,242
Michelle CarpenterProgram DirectorFT$32,315$32,315

Board Members and Trustees

NameTitle
Garry LassmanPresident
Jean SmithPresident
Deborah JenningsVice President
Aubrie LimebrookMember
Terri HardemanMember
Pat MckenzieSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$141,288
Program Service Revenue
$439,884
Investment Income
$374
Other Revenue
$106,383
All Other Contributions
$91,288
Change in Net Assets
$25,621

Audited Revenue Reconciliation

Revenue per Audited Statements
$687,929
Total Revenue per Audited Statements
$687,929
Total Revenue per Form 990
$687,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$469,459
Other Expenses$192,849
Total Fundraising Expense$15,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$278,654$55,901$4,810$339,365
Current Officers, Directors, Trustees, and Key Employees$75,162$14,037$1,358$90,557
Payroll Taxes$31,630$3,953$3,954$39,537
Occupancy$25,022$3,127$3,129$31,278
Depreciation Depletion$25,020$4,946$436$30,402
Other Expenses$28,949$0$0$28,949
Fees for Services Other$19,952$0$0$19,952
Information Technology$5,562$696$695$6,953
Fees for Services Accounting$0$6,275$0$6,275
Insurance$4,788$598$599$5,985
Conferences and Meetings$5,302$0$0$5,302
Office Expenses$2,630$329$329$3,288
Total Functional Expenses$550,853$95,463$15,992$662,308

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$662,308
Total Expenses per Audited Statements$662,308
Total Expenses per Form 990$662,308
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$106,383
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$120,485$120,485$14,102$106,383
Total Events$120,485$120,485$14,102$106,383
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
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Seeds of Learning
EIN
84-1450521
Phone
9702645513
Address
PO Box 5831, PAGOSA SPRINGS, CO 81147

Signing Officer

Name
Gary Lassman
Title
President
Phone
9702645513
Signed
2015-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Bridges
Formed
1998
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
23
Volunteers
1,000

Preparer

Firm
Cornerstone Accounting Services Inc
Address
190 Talisman Drive Suite D-6, Pagosa Springs, CO 81147-7917
Preparer
Nathan B Thomas
Phone
9707318080
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

President, treasurer, and executive director review 990 before filing.

Pt VI, Line 15A

Board of directores determines executive director salary.

Pt VI, Line 15B

Executive director determines employee wages with board approval

Pt VI, Line 19

PUBLISHED ON WEBSITE

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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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IRS990/ProgramServiceRevenueGrp/Desc1CO PRESCHOOL PGM
IRS990/ProgramServiceRevenueGrp/Desc2FOOD PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAMS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0341104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt171766
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224103
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32911
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0173704
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0216
IRS990/PYOtherExpensesAmt0182061
IRS990/PYOtherRevenueAmt060423
IRS990/PYProgramServiceRevenueAmt0372223
IRS990/PYRevenuesLessExpensesAmt013222
IRS990/PYSalariesCompEmpBnftPaidAmt0411283
IRS990/PYTotalExpensesAmt0593344
IRS990/PYTotalRevenueAmt0606566
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt025621
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0440258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0141288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0173704
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0132854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt089599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0189075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0726520
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0374
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0343
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01827
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03800
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99480
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99570
IRS990ScheduleA/PublicSupportTotal170Amt0726520
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0141288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0173704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0132854
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt089599
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0189075
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0726520
IRS990ScheduleA/TotalSupportAmt0730320
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0904499
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0253126
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01157625
IRS990ScheduleD/EquipmentGrp/BookValueAmt037949
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt037949
IRS990ScheduleD/ExpensesSubtotalAmt0662308
IRS990ScheduleD/RevenueSubtotalAmt0687929
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0942448
IRS990ScheduleD/TotalExpensesPerForm990Amt0662308
IRS990ScheduleD/TotalRevenuePerForm990Amt0687929
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0687929
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0662308
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014102
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0120485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0120485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0120485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0120485
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0106383
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014102
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014102
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT, TREASURER, AND EXECUTIVE DIRECTOR REVIEW 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORES DETERMINES EXECUTIVE DIRECTOR SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR DETERMINES EMPLOYEE WAGES WITH BOARD APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLISHED ON WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt042344
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt036500
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01270047
IRS990/TotalAssetsEOYAmt01309665
IRS990/TotalAssetsGrp/BOYAmt01270047
IRS990/TotalAssetsGrp/EOYAmt01309665
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0141288
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015992
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095463
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0550853
IRS990/TotalFunctionalExpensesGrp/TotalAmt0662308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033442
IRS990/TotalLiabilitiesEOYAmt047439
IRS990/TotalLiabilitiesGrp/BOYAmt033442
IRS990/TotalLiabilitiesGrp/EOYAmt047439
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01236605
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01262226
IRS990/TotalProgramServiceExpensesAmt0550853
IRS990/TotalProgramServiceRevenueAmt0439884
IRS990/TotalReportableCompFromOrgAmt090557
IRS990/TotalRevenueGrp/ExclusionAmt0106383
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0440258
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0687929
IRS990/TotalVolunteersCnt01000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01270047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01309665
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01194261
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01225726
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0146 LAKEWOOD ST
IRS990/USAddress/CityNm0PAGOSA SPGS

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.07$2.97$1.22$1.08$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.07$2.75$1.04$0.94$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.04$2.60$1.24$0.88$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.04$2.32$1.31$0.79$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.05$1.80$0.87$0.67$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.03$1.59$0.86$0.74$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.04$1.48$0.79$0.68$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.05$1.34$0.65$0.69$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.04$1.38$0.65$0.69$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.03$1.42$0.83$0.67$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.31$0.05$1.26$0.69$0.66$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.27$0.61$0.59$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.02$1.26$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.01$1.31$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.03$1.41$0.51