Civic Intelligence

Billings Middle School

990 • Fiscal year 2016 • EIN 91-1107067

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 15, 2017

7217 Woodlawn Avenue NortheastSeattle, WA 98115-5335

(206) 547-4614

Siviq Scores

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

Liabilities / Assets

75th percentile

0.40x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.67x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

35th percentile

-2.0%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

75th percentile

$116,415

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

42nd percentile

-0.6%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,682,781

Down $27,179 (-0.6%) from 2015

Net Assets

Down

$2,805,826

Down $57,385 (-2.0%) from 2015

Liabilities

Up

$1,876,955

Up $30,206 (+1.6%) from 2015

Revenue

Down

$2,809,350

Down $684,320 (-20%) from 2015

Expenses

Up

$2,866,735

Up $142,557 (+5.2%) from 2015

Net Income

Down

-$57,385

Down $826,877 (-107%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,997,753Liabilities 2011: $2,601,144Net Assets 2011: $1,396,6092011Assets 2012: $4,238,134Liabilities 2012: $2,540,855Net Assets 2012: $1,697,2792012Assets 2013: $4,200,781Liabilities 2013: $2,367,293Net Assets 2013: $1,833,4882013Assets 2014: $4,350,371Liabilities 2014: $2,256,652Net Assets 2014: $2,093,7192014Assets 2015: $4,709,960Liabilities 2015: $1,846,749Net Assets 2015: $2,863,2112015Assets 2016: $4,682,781Liabilities 2016: $1,876,955Net Assets 2016: $2,805,8262016Assets 2017: $5,026,742Liabilities 2017: $1,839,916Net Assets 2017: $3,186,8262017Assets 2018: $7,293,073Liabilities 2018: $1,093,057Net Assets 2018: $6,200,0162018Assets 2019: $12,979,337Liabilities 2019: $6,080,405Net Assets 2019: $6,898,9322019Assets 2020: $13,150,176Liabilities 2020: $6,562,276Net Assets 2020: $6,587,9002020Assets 2021: $12,935,389Liabilities 2021: $5,939,283Net Assets 2021: $6,996,1062021Assets 2022: $13,093,653Liabilities 2022: $5,445,643Net Assets 2022: $7,648,0102022Assets 2023: $12,594,243Liabilities 2023: $5,403,225Net Assets 2023: $7,191,0182023Assets 2024: $11,594,980Liabilities 2024: $4,661,353Net Assets 2024: $6,933,6272024

Highlighted filing

2016

Assets$4,682,781
Liabilities$1,876,955
Net Assets$2,805,826

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,618,9192011Expenses 2012: $2,526,5762012Revenue 2013: $2,805,706Expenses 2013: $2,669,497Net Income 2013: $136,2092013Revenue 2014: $2,890,901Expenses 2014: $2,630,670Net Income 2014: $260,2312014Revenue 2015: $3,493,670Expenses 2015: $2,724,178Net Income 2015: $769,4922015Revenue 2016: $2,809,350Expenses 2016: $2,866,735Net Income 2016: -$57,3852016Revenue 2017: $3,293,483Expenses 2017: $2,912,483Net Income 2017: $381,0002017Revenue 2018: $6,133,144Expenses 2018: $3,119,954Net Income 2018: $3,013,1902018Revenue 2019: $4,104,227Expenses 2019: $3,405,311Net Income 2019: $698,9162019Revenue 2020: $3,677,883Expenses 2020: $3,863,371Net Income 2020: -$185,4882020Revenue 2021: $4,382,521Expenses 2021: $3,972,003Net Income 2021: $410,5182021Revenue 2022: $5,137,864Expenses 2022: $4,739,214Net Income 2022: $398,6502022Revenue 2023: $4,294,045Expenses 2023: $4,876,808Net Income 2023: -$582,7632023Revenue 2024: $3,949,187Expenses 2024: $4,172,428Net Income 2024: -$223,2412024

Highlighted filing

2016

Revenue$2,809,350
Expenses$2,866,735
Net Income-$57,385
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 15, 2017
Return Version
2015v3.0
Gross Receipts
$2,909,603
Mission and Program Overview

Mission

Billings middle school is a dynamic academic community intentionally designed to stretch, support, and inspire early adolescent learners. Students develop intellect, creativity, communication and collaboration skills, self-confidence, and an openness to new information.

Billings middle school is a dynamic academic community intentionally designed to stretch, support, and inspire early adolescent learners. Each student develops intellect and creativity, powerful communication and collaboration skills, self-confidence and an openness to new information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,408,740$2,176,464▼ $232,276
Savings and Temporary Cash Investments$1,188,423$1,299,038▲ $110,615
Investments Program Related$462,663$569,582▲ $106,919
Pledges and Grants Receivable$504,109$499,688▼ $4,421
Cash and Non-Interest-Bearing Accounts$45,003$54,273▲ $9,270
Prepaid Expenses and Deferred Charges$38,845$37,246▼ $1,599
Accounts Receivable$9,619$7,363▼ $2,256
Inventories for Sale or Use$367--
Total Assets$4,709,960$4,682,781▼ $27,179
Other Assets Total$52,191$39,127▼ $13,064
Liabilities
Tax Exempt Bond Liabilities$1,007,780$938,937▼ $68,843
Deferred Revenue$672,264$770,596▲ $98,332
Accounts Payable and Accrued Expenses$166,705$167,422▲ $717
Total Liabilities$1,846,749$1,876,955▲ $30,206
Net Assets / Fund Balance
Unrestricted Net Assets$1,838,951$1,757,824▼ $81,127
Permanently Rstr Net Assets$550,964$587,804▲ $36,840
Temporarily Rstr Net Assets$473,296$460,198▼ $13,098
Total Net Assets Fund Balance$2,863,211$2,805,826▼ $57,385
Total Liabilities and Net Assets / Fund Balance$4,709,960$4,682,781▼ $27,179

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$833,600$1,853,505$2,687,105
Land$1,317,619-$1,317,619
Equipment$23,387$456,788$480,175
Leasehold Improvements$1,858$35,303$37,161
Investment Program Related Org$569,582--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$551,452$35,523▲ $829-$587,804
2014$2,772$548,662▲ $18-$551,452
2013$2,653$100▲ $19-$2,772
2012$2,530$100▲ $23-$2,653
2011$2,500-▲ $30-$2,530
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne-evan WilliamsHead of SchoFT$95,726$20,689$116,415
Kristin L KnopfBus. OfficerFT$81,582$14,012$95,594

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$335,683
Program Service Revenue
$2,507,912
Investment Income
$4,221
Other Revenue
$-38,466
All Other Contributions
$198,642
Change in Net Assets
$-57,385

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table233$34,017Comparable Sales
Other Non Cash Contri Table11$30,319Present Value
Securities Publicly Traded4$11,005Average Daily Value
Total Noncash Contributions248$75,341-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,250,375
Revenue Not Reported on Financial Statements
$558,975
Revenue Not Reported on Form 990
$39,056
Other Revenue Adjustments
$558,975
Total Revenue per Audited Statements
$2,289,431
Total Revenue per Form 990
$2,809,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,477,084
Other Expenses$830,676
Grants and Similar Amounts Paid$558,975
Total Fundraising Expense$94,306
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$730,156$171,117$35,473$936,746
Grants to Domestic Individuals$558,975--$558,975
Current Officers, Directors, Trustees, and Key Employees$60,966$220,543$16,742$298,251
Depreciation Depletion$241,763$10,668$6,405$258,836
Occupancy$201,679$24,381$15,837$241,897
Payroll Taxes$69,723$32,242$5,182$107,147
Other Employee Benefits$85,447$14,209$3,497$103,153
Travel$61,566$5,486$64$67,116
Office Expenses$17,764$44,765$4,301$66,830
Information Technology$45,645$3,172$2,736$51,553
Pension Plan Contributions$23,356$7,119$1,312$31,787
Conferences and Meetings$12,001$12,788$155$24,944
Fees for Services Other$11,386$8,435$1,407$21,228
Insurance$14,707$3,851$494$19,052
Advertising-$14,288$661$14,949
Fees for Services Accounting-$9,665-$9,665
Other Expenses$3,517$2,745$40$6,302
Fees for Services Legal-$1,875-$1,875
Total Functional Expenses$2,185,080$587,349$94,306$2,866,735

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,866,735
Total Expenses per Audited Statements$2,346,816
Expenses per Audited Statements$2,307,760
Expenses Not Reported on Financial Statements$558,975
Other Expense Adjustments$558,975
Expenses Not Reported on Form 990$39,056
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$69,112
Fundraising Gross Income$29,633
Gaming Gross Income$1,040
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$166,674$29,633$47,129$-17,496
Total Events$166,674$29,633$69,112$-39,479
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Brian HannersFamilyEmploymentNo$62,930
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AWa State Housing Finance Commission2010-05-06$1,484,000REFINANCE REAL ESTATE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,484,000-$545,982$29,680

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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 board finance committee reviews the form 990. After any necessary changes, the final form 990 without schedule b is posted on the board's home page and an e-mail is sent notifying board members that it is available for their review.

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

Each year all board members review and sign the conflict of interest policy. Whenever a matter arises in which there may be a conflict of interest the trustees are specifically asked if they have a conflict. If there is a conflict, the impacted trustee(s) disclose the conflict and do not participate in any voting or other decision making related to the conflict.

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

The board's executive committee gathered salary and benefit data about heads of comparable schools. After reviewing the data the committee approved the compensation for the head of school. The head of school is responsible for all other employee salaries. Salaries at peer schools are reviewed for comparability.

Form 990, Page 6, Part VI, Line 19

The school's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Billings Middle School
EIN
91-1107067
Phone
2065474614
Address
7217 WOODLAWN AVENUE NORTHEAST, SEATTLE, WA 98115-5335

Signing Officer

Name
Anne-evan Williams
Title
Head of School
Phone
2065474614
Signed
2017-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne-evan Williams
Formed
1980
Legal Domicile
Wa
Voting Board Members
17
Independent Board Members
17
Employees
55
Volunteers
120

Preparer

Firm
Luby and Thomson Pllc
Address
1109 1ST AVE STE 210, SEATTLE, WA 98101-2961
Preparer
Pamela a Thomson
Phone
2066284991
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Billings middle school is a dynamic academic community intentionally designed to stretch, support and inspire early adolescent learners. Students become public-minded, critical thinkers impelled to actively engage their world.

Form 990, Part XI, Line 9

Direct expenses of fundraising event 35,095 net loss on sale of non-inventory assets 140 cost of goods sold 821 financial aid (contra revenue on fs) -558,975 direct expenses of fundraising event -35,095 net loss on sale of non-inventory assets -140 cost of goods sold -821 financial aid (contra revenue on fs) 558,975

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct expenses of fundraising event 35,095 net loss on sale of non-inventory assets 140 cost of goods sold 821

Schedule D, Page 4, Part XI, Line 4B

Financial aid (contra revenue on fs) 558,975

Schedule D, Page 4, Part XII, Line 2D

Direct expenses of fundraising event 35,095 net loss on sale of non-inventory assets 140 cost of goods sold 821

Schedule D, Page 4, Part XII, Line 4B

Financial aid (contra revenue on fs) 558,975

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.6$4.66$6.93$3.95$4.17$0.22
2023Detailed filing. Detailed filing data is available for this year.$12.6$5.40$7.19$4.29$4.88$0.58
2022Detailed filing. Detailed filing data is available for this year.$13.1$5.45$7.65$5.14$4.74$0.40
2021Detailed filing. Detailed filing data is available for this year.$12.9$5.94$7.00$4.38$3.97$0.41
2020Detailed filing. Detailed filing data is available for this year.$13.2$6.56$6.59$3.68$3.86$0.19
2019Detailed filing. Detailed filing data is available for this year.$13.0$6.08$6.90$4.10$3.41$0.70
2018Detailed filing. Detailed filing data is available for this year.$7.29$1.09$6.20$6.13$3.12$3.01
2017Detailed filing. Detailed filing data is available for this year.$5.03$1.84$3.19$3.29$2.91$0.38
2016Detailed filing. Detailed filing data is available for this year.$4.68$1.88$2.81$2.81$2.87$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.71$1.85$2.86$3.49$2.72$0.77
2014Detailed filing. Detailed filing data is available for this year.$4.35$2.26$2.09$2.89$2.63$0.26
2013Summary only. Only limited summary data is available for this year.$4.20$2.37$1.83$2.81$2.67$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$2.54$1.70$2.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$2.60$1.40$2.62