Civic Intelligence

Laser Childcare

990 • Fiscal year 2017 • EIN 91-1244816

Sep 01, 2016 to Aug 31, 2017 • Filed on May 14, 2018

3311 NE 60th StSeattle, WA 98115

(206) 525-9160

Siviq Scores

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

Liabilities / Assets

54th percentile

0.12x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.07x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

47th percentile

2.1%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$11,672

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

54th percentile

4.6%

Faster asset growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$750,196

Up $32,871 (+4.6%) from 2016

Net Assets

Up

$660,956

Up $27,165 (+4.3%) from 2016

Liabilities

Up

$89,240

Up $5,706 (+6.8%) from 2016

Revenue

Down

$1,280,656

Down $285,054 (-18%) from 2016

Expenses

Down

$1,253,492

Down $125,494 (-9.1%) from 2016

Net Income

Down

$27,164

Down $159,560 (-85%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $136,469Liabilities 2010: $4,225Net Assets 2010: $132,2442010Assets 2011: $150,860Liabilities 2011: $10,579Net Assets 2011: $140,2812011Assets 2012: $148,236Liabilities 2012: $4,083Net Assets 2012: $144,1532012Assets 2013: $221,955Liabilities 2013: $54,388Net Assets 2013: $167,5672013Assets 2014: $400,377Liabilities 2014: $70,022Net Assets 2014: $330,3552014Assets 2015: $552,132Liabilities 2015: $105,065Net Assets 2015: $447,0672015Assets 2016: $717,325Liabilities 2016: $83,534Net Assets 2016: $633,7912016Assets 2017: $750,196Liabilities 2017: $89,240Net Assets 2017: $660,9562017Assets 2018: $869,273Liabilities 2018: $92,567Net Assets 2018: $776,7062018Assets 2019: $853,010Liabilities 2019: $98,722Net Assets 2019: $754,2882019Assets 2020: $958,595Liabilities 2020: $340,523Net Assets 2020: $618,0722020Assets 2021: $1,113,772Liabilities 2021: $248,583Net Assets 2021: $865,1892021Assets 2022: $1,457,589Liabilities 2022: $141,114Net Assets 2022: $1,316,4752022Assets 2023: $1,670,473Liabilities 2023: $176,963Net Assets 2023: $1,493,5102023Assets 2024: $1,583,323Liabilities 2024: $201,817Net Assets 2024: $1,381,5062024

Highlighted filing

2017

Assets$750,196
Liabilities$89,240
Net Assets$660,956

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $554,9522010Revenue 2011: $580,042Expenses 2011: $572,005Net Income 2011: $8,0372011Expenses 2012: $659,1932012Expenses 2013: $705,5962013Revenue 2014: $1,462,687Expenses 2014: $1,299,899Net Income 2014: $162,7882014Revenue 2015: $1,453,834Expenses 2015: $1,337,122Net Income 2015: $116,7122015Revenue 2016: $1,565,710Expenses 2016: $1,378,986Net Income 2016: $186,7242016Revenue 2017: $1,280,656Expenses 2017: $1,253,492Net Income 2017: $27,1642017Revenue 2018: $1,345,580Expenses 2018: $1,229,830Net Income 2018: $115,7502018Revenue 2019: $1,403,303Expenses 2019: $1,425,721Net Income 2019: -$22,4182019Revenue 2020: $1,085,600Expenses 2020: $1,221,816Net Income 2020: -$136,2162020Revenue 2021: $1,164,569Expenses 2021: $917,452Net Income 2021: $247,1172021Revenue 2022: $1,680,359Expenses 2022: $1,229,073Net Income 2022: $451,2862022Revenue 2023: $2,057,821Expenses 2023: $1,880,786Net Income 2023: $177,0352023Revenue 2024: $2,197,209Expenses 2024: $2,309,213Net Income 2024: -$112,0042024

Highlighted filing

2017

Revenue$1,280,656
Expenses$1,253,492
Net Income$27,164
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$1,280,656
Mission and Program Overview

Mission

Provide supplemental before and after school as well as summer and school-break programs for school age children.

To provide a supplemental before and after school program for school age children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$504,331-
Cash and Non-Interest-Bearing Accounts$676,705$238,982▼ $437,723
Prepaid Expenses and Deferred Charges$16,452$0▼ $16,452
Accounts Receivable$10,400$0▼ $10,400
Land, Buildings, and Equipment, Net$13,768$6,883▼ $6,885
Total Assets$717,325$750,196▲ $32,871
Liabilities
Deferred Revenue$82,203$88,833▲ $6,630
Accounts Payable and Accrued Expenses$1,331$407▼ $924
Total Liabilities$83,534$89,240▲ $5,706
Net Assets / Fund Balance
Unrestricted Net Assets$633,791$653,956▲ $20,165
Temporarily Rstr Net Assets$0$7,000▲ $7,000
Total Net Assets Fund Balance$633,791$660,956▲ $27,165
Total Liabilities and Net Assets / Fund Balance$717,325$750,196▲ $32,871

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,883$28,884$35,767
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ghandi ManaExecutive DirectorFT$6,083$5,589$11,672

Board Members and Trustees

NameTitle
Thomas DavePresident
Black-washington KimPresident (part-year)
Hamilton JamieVice President
Smith KristinaVice President (part-year)
Barnes ChadBoard Member
Falvy DeanBoard Member
Field FrankBoard Member
Keppler CourtneyBoard Member
Vold AnneBoard Member
Kidwell Drake JenSecretary
Kaplan BarrySecretary (part-year)
Armstrong DanaTreasurer
Verretto PeteTreasurer (part-year)
Revenue and Support

Revenue Composition

Contributions and Grants
$2,169
Program Service Revenue
$1,278,137
Investment Income
$350
Other Revenue
$0
All Other Contributions
$2,169
Change in Net Assets
$27,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$928,812
Other Expenses$324,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$786,823--$786,823
Payroll Taxes$63,662$11,234-$74,896
Other Employee Benefits$52,055--$52,055
Office Expenses$45,813--$45,813
Occupancy$17,427$3,736-$21,163
Other Expenses$13,983--$13,983
Conferences and Meetings-$13,337-$13,337
Current Officers, Directors, Trustees, and Key Employees-$11,672-$11,672
Insurance$9,280$1,638-$10,918
Depreciation Depletion-$6,885-$6,885
Fees for Services Management-$6,318-$6,318
Information Technology-$5,889-$5,889
All Other Expenses$4,402--$4,402
Pension Plan Contributions$3,366--$3,366
Fees for Services Accounting-$1,200-$1,200
Travel-$693-$693
Advertising-$600-$600
Total Functional Expenses$1,190,290$63,202$0$1,253,492
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
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A final draft of the 990 is reviewed by the executive director and the 990 is then reviewed by the board of directors which votes on final approval prior to filing with the irs.

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

Board discloses conflicts annually.

Form 990, Part VI, Section B, Line 15

Board evaluates and approves ed compensation based on comparable salaries for position using a salary survey.

Form 990, Part VI, Section C, Line 19

Conflict of interest forms are available upon request.

Filing and Contact Details

Filer

Filer Name
Laser Childcare
EIN
91-1244816
Phone
2065259160
Address
3311 NE 60TH ST, SEATTLE, WA 98115

Signing Officer

Name
Mana Ghandi
Title
Executive Director
Phone
2065259160
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mana Ghandi
Formed
1998
Legal Domicile
Wa
Voting Board Members
13
Independent Board Members
13
Employees
62
Volunteers
0

Preparer

Firm
The Myers Associates Pc
Address
520 PIKE ST STE 1040, SEATTLE, WA 98101-2397
Preparer
Mark T Long CPA
Phone
2066236116
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IRS990/OtherExpensesGrp/ProgramServicesAmt176703
IRS990/OtherExpensesGrp/ProgramServicesAmt233439
IRS990/OtherExpensesGrp/ProgramServicesAmt313983
IRS990/OtherExpensesGrp/TotalAmt083337
IRS990/OtherExpensesGrp/TotalAmt176703
IRS990/OtherExpensesGrp/TotalAmt233439
IRS990/OtherExpensesGrp/TotalAmt313983
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0786823
IRS990/OtherSalariesAndWagesGrp/TotalAmt0786823
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011234
IRS990/PayrollTaxesGrp/ProgramServicesAmt063662
IRS990/PayrollTaxesGrp/TotalAmt074896
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03366
IRS990/PensionPlanContributionsGrp/TotalAmt03366
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016452
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MANA GHANDI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01278137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01278137
IRS990/ProgSrvcAccomActy2Grp/Desc0LEAPS ENRICHMENT CLASSES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt083337
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt073604
IRS990/ProgSrvcAccomActy3Grp/Desc0PRE-K READINESS PROGRAM
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04402
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt08063
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01838
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0356
IRS990/PYOtherExpensesAmt0379663
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01563516
IRS990/PYRevenuesLessExpensesAmt0186724
IRS990/PYSalariesCompEmpBnftPaidAmt0999323
IRS990/PYTotalExpensesAmt01378986
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01565710
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt027164
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01196470
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0504331
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02169
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01838
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04007
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0356
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0339
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0306
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0691
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02042
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01278137
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01563516
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01453495
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01462381
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0728319
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt06485848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0356
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0339
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0306
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02042
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt06489855
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01280306
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01565354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01453495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01462381
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0728319
IRS990ScheduleA/Total509Grp/TotalAmt06489855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01280656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01565710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01453834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01462687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0729010
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06491897
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06883
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028884
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035767
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06883
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A FINAL DRAFT OF THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE 990 IS THEN REVIEWED BY THE BOARD OF DIRECTORS WHICH VOTES ON FINAL APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD DISCLOSES CONFLICTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD EVALUATES AND APPROVES ED COMPENSATION BASED ON COMPARABLE SALARIES FOR POSITION USING A SALARY SURVEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST FORMS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt07000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0717325
IRS990/TotalAssetsEOYAmt0750196
IRS990/TotalAssetsGrp/BOYAmt0717325
IRS990/TotalAssetsGrp/EOYAmt0750196
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02169
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063202
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01190290
IRS990/TotalFunctionalExpensesGrp/TotalAmt01253492
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt083534
IRS990/TotalLiabilitiesEOYAmt089240
IRS990/TotalLiabilitiesGrp/BOYAmt083534
IRS990/TotalLiabilitiesGrp/EOYAmt089240
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0633791
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0660956
IRS990/TotalOtherCompensationAmt05589
IRS990/TotalProgramServiceExpensesAmt01190290
IRS990/TotalProgramServiceRevenueAmt01278137

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.20$1.38$2.20$2.31$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.18$1.49$2.06$1.88$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.14$1.32$1.68$1.23$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.25$0.87$1.16$0.92$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.34$0.62$1.09$1.22$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.10$0.75$1.40$1.43$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.09$0.78$1.35$1.23$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.09$0.66$1.28$1.25$0.03
2016Summary only. Only limited summary data is available for this year.$0.72$0.08$0.63$1.57$1.38$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.11$0.45$1.45$1.34$0.12
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.07$0.33$1.46$1.30$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.05$0.17$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.14$0.66
2011Summary only. Only limited summary data is available for this year.$0.15$0.01$0.14$0.58$0.57$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.13$0.55