Civic Intelligence

Explorer Preschool Inc.

990 • Fiscal year 2022 • EIN 94-1483367

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 27, 2022

PO Box 24786San Jose, CA 95154

(408) 410-0120

Siviq Scores

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

Liabilities / Assets

67th percentile

0.10x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.20x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

82nd percentile

35%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

70th percentile

15%

Faster asset growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

55%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$882,763

Up $112,381 (+15%) from 2021

Net Assets

Up

$794,979

Up $151,476 (+24%) from 2021

Liabilities

Down

$87,784

Down $39,095 (-31%) from 2021

Revenue

Up

$439,418

Up $155,483 (+55%) from 2021

Expenses

Up

$287,772

Up $31,703 (+12%) from 2021

Net Income

Up

$151,646

Up $123,780 (+444%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $497,226Liabilities 2011: $36,121Net Assets 2011: $461,1052011Assets 2012: $518,968Liabilities 2012: $43,437Net Assets 2012: $475,5312012Assets 2013: $533,332Liabilities 2013: $52,550Net Assets 2013: $480,7822013Assets 2014: $546,186Liabilities 2014: $41,558Net Assets 2014: $504,6282014Assets 2015: $591,165Liabilities 2015: $61,470Net Assets 2015: $529,6952015Assets 2016: $631,905Liabilities 2016: $75,329Net Assets 2016: $556,5762016Assets 2017: $684,819Liabilities 2017: $99,861Net Assets 2017: $584,9582017Assets 2018: $662,973Liabilities 2018: $78,376Net Assets 2018: $584,5972018Assets 2019: $687,362Liabilities 2019: $68,672Net Assets 2019: $618,6902019Assets 2020: $697,815Liabilities 2020: $82,776Net Assets 2020: $615,0392020Assets 2021: $770,382Liabilities 2021: $126,879Net Assets 2021: $643,5032021Assets 2022: $882,763Liabilities 2022: $87,784Net Assets 2022: $794,9792022Assets 2023: $948,555Liabilities 2023: $100,400Net Assets 2023: $848,1552023Assets 2024: $1,002,352Liabilities 2024: $87,384Net Assets 2024: $914,9682024

Highlighted filing

2022

Assets$882,763
Liabilities$87,784
Net Assets$794,979

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $237,052Expenses 2011: $228,693Net Income 2011: $8,3592011Revenue 2012: $245,509Expenses 2012: $212,154Net Income 2012: $33,3552012Revenue 2013: $252,373Expenses 2013: $248,731Net Income 2013: $3,6422013Revenue 2014: $282,175Expenses 2014: $258,318Net Income 2014: $23,8572014Revenue 2015: $285,460Expenses 2015: $260,393Net Income 2015: $25,0672015Revenue 2016: $301,713Expenses 2016: $274,935Net Income 2016: $26,7782016Revenue 2017: $321,351Expenses 2017: $292,969Net Income 2017: $28,3822017Revenue 2018: $298,419Expenses 2018: $298,780Net Income 2018: -$3612018Revenue 2019: $339,942Expenses 2019: $309,978Net Income 2019: $29,9642019Revenue 2020: $266,918Expenses 2020: $270,569Net Income 2020: -$3,6512020Revenue 2021: $283,935Expenses 2021: $256,069Net Income 2021: $27,8662021Revenue 2022: $439,418Expenses 2022: $287,772Net Income 2022: $151,6462022Revenue 2023: $393,282Expenses 2023: $340,108Net Income 2023: $53,1742023Revenue 2024: $461,828Expenses 2024: $394,876Net Income 2024: $66,9522024

Highlighted filing

2022

Revenue$439,418
Expenses$287,772
Net Income$151,646
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 27, 2022
Return Version
2021v4.2
Gross Receipts
$439,418
Mission and Program Overview

Mission

Explorer preschool is a parent participation cooperative of approximately 100 families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$200,511$413,379▲ $212,868
Savings and Temporary Cash Investments$535,102$408,164▼ $126,938
Land, Buildings, and Equipment, Net$25,130$47,697▲ $22,567
Prepaid Expenses and Deferred Charges$9,639$6,801▼ $2,838
Pledges and Grants Receivable-$6,722-
Total Assets$770,382$882,763▲ $112,381
Liabilities
Accounts Payable and Accrued Expenses$126,879$87,784▼ $39,095
Total Liabilities$126,879$87,784▼ $39,095
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$643,503$794,979▲ $151,476
Total Net Assets Fund Balance$643,503$794,979▲ $151,476
Total Liabilities and Net Assets / Fund Balance$770,382$882,763▲ $112,381

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$604$30,080-
Leasehold Improvements$47,093$222,934-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Emily FuehrerPresident 2021-2022
Nickole GiliamPresident 2022-2023
Jewell KidwellVice President
Allison MoneyBusiness Manager
Meredith DinanChildrens Education
Megan PacumioCo-treasurer
Andrea MinobeFundraising
Jocelyn WeartHealth and Safety
Jackie EspositoMaintenance
Melissa DupeeMembership
Eimy FramptonParent Education
Christine OliverPublicity
Lauren BaylessScvc Representative
Michelle ClarkSecretary
Stephanie StuehlerSocial
Revenue and Support

Revenue Composition

Contributions and Grants
$87,523
Program Service Revenue
$351,680
Investment Income
$215
Other Revenue
$0
Change in Net Assets
$151,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$199,515
Other Expenses$88,257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$178,078--$178,078
Occupancy$38,330--$38,330
All Other Expenses$20,094--$20,094
Payroll Taxes$13,623--$13,623
Depreciation Depletion$9,207--$9,207
Fees for Services Accounting-$8,350-$8,350
Pension Plan Contributions$6,481--$6,481
Office Expenses-$4,826-$4,826
Insurance-$4,773-$4,773
Information Technology$1,973--$1,973
Other Employee Benefits$1,333--$1,333
Advertising$605--$605
Fees for Services Legal$99--$99
Total Functional Expenses$269,823$17,949$0$287,772
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$20,142$20,142-$20,142
Buyout$20,097$20,097-$20,097
Total Events$40,239$40,239-$40,239
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Governing body decisions Part VI line 7B

The officers and board of the organization meet to discuss and vote on decisions.

Governing body meeting documentation Part VI line 8A

Written documentation of the meetings of the governing body are maintained.

Form 990 governing body review Part VI line 11

The treasurer reviews the form 990 before the return is signed and filed.

CEO executive director top management comp Part VI line 15A

All compensation decisions are undertaken by the governing body of the organization.

Other officer or key employee compensation Part VI line 15B

All compensation decisions are undertaken by the governing body of the organization.

Governing documents etc available to public Part VI line 19

All documents and records of the organization are available for public review by written request to the address of the organization listed on the return.

Filing and Contact Details

Filer

Filer Name
Explorer Preschool Inc
EIN
94-1483367
Address
PO BOX 24786, San Jose, CA 95154

Signing Officer

Name
Nickole Giliam
Title
President
Phone
4086051188
Signed
2022-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Fuehrer
Formed
1960
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
100

Preparer

Firm
Maier Richmond Accountancy
Address
3595 ALMADEN ROAD, San Jose, CA 95118
Preparer
Danute Verikaite
Phone
4082694402
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IRS990/Form990PartVIISectionAGrp/TitleTxt2BUSINESS MANAGER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9HEALTH AND SAFETY
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT 2022-2023
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IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13CO-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT 2021-2022
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IRS990/OccupancyGrp/TotalAmt038330
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04826
IRS990/OfficeExpensesGrp/TotalAmt04826
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01333
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01333
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0178078
IRS990/OtherSalariesAndWagesGrp/TotalAmt0178078
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt013623
IRS990/PayrollTaxesGrp/TotalAmt013623
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06481
IRS990/PensionPlanContributionsGrp/TotalAmt06481
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06722
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09639
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06801
IRS990/PrincipalOfficerNm0EMILY FUEHRER
IRS990/PriorPeriodAdjustmentsAmt0-170
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0351680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0351680
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt073532
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0459
IRS990/PYOtherExpensesAmt080376
IRS990/PYProgramServiceRevenueAmt0209944
IRS990/PYRevenuesLessExpensesAmt027866
IRS990/PYSalariesCompEmpBnftPaidAmt0175693
IRS990/PYTotalExpensesAmt0256069
IRS990/PYTotalRevenueAmt0283935
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0151646
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0351680
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0535102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0408164
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0604
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030080
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt030684
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt047093
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0222934
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0270027
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047697
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BUYOUT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020142
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020097
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040239
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020142
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt020097
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040239
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040239
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS AND BOARD OF THE ORGANIZATION MEET TO DISCUSS AND VOTE ON DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WRITTEN DOCUMENTATION OF THE MEETINGS OF THE GOVERNING BODY ARE MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER REVIEWS THE FORM 990 BEFORE THE RETURN IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION DECISIONS ARE UNDERTAKEN BY THE GOVERNING BODY OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION DECISIONS ARE UNDERTAKEN BY THE GOVERNING BODY OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS AND RECORDS OF THE ORGANIZATION ARE AVAILABLE FOR PUBLIC REVIEW BY WRITTEN REQUEST TO THE ADDRESS OF THE ORGANIZATION LISTED ON THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0770382
IRS990/TotalAssetsEOYAmt0882763
IRS990/TotalAssetsGrp/BOYAmt0770382
IRS990/TotalAssetsGrp/EOYAmt0882763
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt087523
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017949
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269823
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287772
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0126879
IRS990/TotalLiabilitiesEOYAmt087784
IRS990/TotalLiabilitiesGrp/BOYAmt0126879
IRS990/TotalLiabilitiesGrp/EOYAmt087784
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0643503
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0794979
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0269823
IRS990/TotalProgramServiceRevenueAmt0351680
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0351895
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0439418
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0770382
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0882763
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.EXPLORERPRESCHOOL.ORG

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.00$0.09$0.91$0.46$0.39$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.10$0.85$0.39$0.34$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.09$0.79$0.44$0.29$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.13$0.64$0.28$0.26$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.08$0.62$0.27$0.27$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.69$0.07$0.62$0.34$0.31$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.66$0.08$0.58$0.30$0.30$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.10$0.58$0.32$0.29$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.08$0.56$0.30$0.27$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.06$0.53$0.29$0.26$0.03
2014Summary only. Only limited summary data is available for this year.$0.55$0.04$0.50$0.28$0.26$0.02
2013Summary only. Only limited summary data is available for this year.$0.53$0.05$0.48$0.25$0.25$0.00
2012Summary only. Only limited summary data is available for this year.$0.52$0.04$0.48$0.25$0.21$0.03
2011Summary only. Only limited summary data is available for this year.$0.50$0.04$0.46$0.24$0.23$0.01