Civic Intelligence

Newton Center Inc

990 • Fiscal year 2017 • EIN 94-3401055

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

1528 S El Camino Real No 201San Mateo, CA 94402

(650) 345-4043

Siviq Scores

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

Liabilities / Assets

88th percentile

0.78x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.15x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

42nd percentile

0.7%

Higher net margin than 42% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

97th percentile

155%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

55th percentile

6.4%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Up

$625,221

Up $380,253 (+155%) from 2016

Net Assets

Up

$137,011

Up $22,254 (+19%) from 2016

Liabilities

Up

$488,210

Up $357,999 (+275%) from 2016

Revenue

Up

$3,359,062

Up $201,928 (+6.4%) from 2016

Expenses

Down

$3,336,808

Down $25,172 (-0.7%) from 2016

Net Income

Up

$22,254

Up $227,100 (+111%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $254,994Liabilities 2011: $0Net Assets 2011: $254,9942011Assets 2012: $43,039Liabilities 2012: $0Net Assets 2012: $43,0392012Assets 2013: $147,699Liabilities 2013: $2,140Net Assets 2013: $145,5592013Assets 2014: $195,752Liabilities 2014: $651Net Assets 2014: $195,1012014Assets 2015: $360,708Liabilities 2015: $41,105Net Assets 2015: $319,6032015Assets 2016: $244,968Liabilities 2016: $130,211Net Assets 2016: $114,7572016Assets 2017: $625,221Liabilities 2017: $488,210Net Assets 2017: $137,0112017Assets 2018: $570,416Liabilities 2018: $379,349Net Assets 2018: $191,0672018Assets 2019: $179,044Liabilities 2019: $164,507Net Assets 2019: $14,5372019Assets 2020: $900,550Liabilities 2020: $1,006,751Net Assets 2020: -$106,2012020Assets 2021: $1,677,865Liabilities 2021: $1,808,457Net Assets 2021: -$130,5922021Assets 2022: $1,425,921Liabilities 2022: $1,487,223Net Assets 2022: -$61,3022022Assets 2023: $1,543,564Liabilities 2023: $2,002,430Net Assets 2023: -$458,8662023Assets 2024: $2,123,824Liabilities 2024: $2,799,430Net Assets 2024: -$675,6062024

Highlighted filing

2017

Assets$625,221
Liabilities$488,210
Net Assets$137,011

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: $1,637,3052011Revenue 2012: $2,001,832Expenses 2012: $2,157,252Net Income 2012: -$155,4202012Revenue 2013: $2,387,113Expenses 2013: $2,300,329Net Income 2013: $86,7842013Revenue 2014: $2,501,553Expenses 2014: $2,447,187Net Income 2014: $54,3662014Revenue 2015: $2,576,247Expenses 2015: $2,451,745Net Income 2015: $124,5022015Revenue 2016: $3,157,134Expenses 2016: $3,361,980Net Income 2016: -$204,8462016Revenue 2017: $3,359,062Expenses 2017: $3,336,808Net Income 2017: $22,2542017Revenue 2018: $3,597,964Expenses 2018: $3,543,908Net Income 2018: $54,0562018Revenue 2019: $3,847,027Expenses 2019: $4,023,557Net Income 2019: -$176,5302019Revenue 2020: $2,296,082Expenses 2020: $2,416,820Net Income 2020: -$120,7382020Revenue 2021: $3,731,128Expenses 2021: $3,755,519Net Income 2021: -$24,3912021Revenue 2022: $3,743,805Expenses 2022: $3,674,515Net Income 2022: $69,2902022Revenue 2023: $5,616,392Expenses 2023: $6,003,435Net Income 2023: -$387,0432023Revenue 2024: $6,607,051Expenses 2024: $6,823,791Net Income 2024: -$216,7402024

Highlighted filing

2017

Revenue$3,359,062
Expenses$3,336,808
Net Income$22,254
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$3,359,062
Mission and Program Overview

Mission

The specific purpose of newton center is to provide affordable academic after school programs to students. (refer to article iii of the articles of incorporation filed on or about june 19, 2001).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$241,004$620,406▲ $379,402
Accounts Receivable$3,964$4,815▲ $851
Total Assets$244,968$625,221▲ $380,253
Liabilities
Accounts Payable and Accrued Expenses$87,896$431,720▲ $343,824
Deferred Revenue$42,315$56,490▲ $14,175
Total Liabilities$130,211$488,210▲ $357,999
Net Assets / Fund Balance
Unrestricted Net Assets$114,757$137,011▲ $22,254
Total Net Assets Fund Balance$114,757$137,011▲ $22,254
Total Liabilities and Net Assets / Fund Balance$244,968$625,221▲ $380,253
Compensation and Service Providers

Board Members and Trustees

NameTitle
Celine TamirPresident, CEO
Erin LangDirector
Idan BenaimDirector
Cary McreynoldsSecretary, Director
Isaac SoncinoTreasurer, CFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Newton The Childrens Learning CenterEducational Services.1528 S EL CAMINO REAL STE 201, San Mateo, CA 94402$3,211,052
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,359,062
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$22,254

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,359,062
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,359,062
Total Revenue per Form 990
$3,359,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,336,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$3,211,052--$3,211,052
Fees for Services Other$72,180--$72,180
Fees for Services Legal$32,879--$32,879
Occupancy$14,600--$14,600
Insurance$6,097--$6,097
Total Functional Expenses$3,336,808$0$0$3,336,808

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,336,808
Total Expenses per Audited Statements$3,336,808
Total Expenses per Form 990$3,336,808
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ENTITY MORE THAN 35% OWNED BY DIRECTOS TAMIR AND SONCINO.NEWTON CENTER (THE "CENTER") CONTRACTED WITH NEWTON-TCLC FOR OPERATIONAL SERVICES IN RUNNING THE CENTER'S ACADEMIC AFTER SCHOOL CARE, CAMP, AND ENRICHMENT CLASS PROGRAMS. THE CENTER CONDUCTED MARKET SURVEYS AND OTHER ANALYSIS TO ENSURE THAT THE FEES CHARGED BY TCLC ARE FAIR AND REASONABLE, AND THE ARRANGEMENT WAS APPROVED BY THE CENTER'S DISINTERESTED DIRECTORS. INDIVIDUALS WITH NO FINANCIAL OR OTHER INTEREST IN TCLC COMPRISE A MAJORITY OF THE CENTER'S BOARD OF DIRECTORS.No$3,211,052
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Part VI, Section A, Line 2

The organization's president and treasurer are siblings.

Form 990, Part VI, Section A, Line 8B

N/A - NO COMMITTEES.

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

The organization's president and treasurer review and approve the tax returns.

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

Each year, top management officials, top financial officials, and each key employee of center must affirm that the person received a copy of the conflict of interest policy, has read it and understood the policy, and agreed to comply with it. Thereafter, each individual must disclose their financial interest and family relationships that could give rise to the conflict of interest policy. The disclosure is done by means of a form implemented as part of the policy.

Form 990, Part VI, Section C, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Newton Center
EIN
94-3401055
Phone
6503454043
Address
1528 S EL CAMINO REAL NO 201, SAN MATEO, CA 94402

Signing Officer

Name
Isaac Soncino
Title
Treasurer
Phone
6503454043
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Isaac Soncino
Formed
2001
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Murray Stok & Company
Address
595 MARKET STREET STE 1200, SAN FRANCISCO, CA 94105
Preparer
Christopher J Murray
Phone
4159810400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The tax returns are reviewed by all members of newton center's board. Additionally, the tax returns and audit are formally approved and adopted by the board as part of annual board meetings.

Raw XML Appendix344 raw XML fields

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/ActivityOrMissionDesc0THE SPECIFIC PURPOSE OF NEWTON CENTER IS TO PROVIDE AFFORDABLE ACADEMIC AFTER SCHOOL PROGRAMS TO STUDENTS. (REFER TO ARTICLE III OF THE ARTICLES OF INCORPORATION FILED ON OR ABOUT JUNE 19, 2001).
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER, CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY MORE THAN 35% OWNED BY DIRECTOS TAMIR AND SONCINO.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0NEWTON CENTER (THE "CENTER") CONTRACTED WITH NEWTON-TCLC FOR OPERATIONAL SERVICES IN RUNNING THE CENTER'S ACADEMIC AFTER SCHOOL CARE, CAMP, AND ENRICHMENT CLASS PROGRAMS. THE CENTER CONDUCTED MARKET SURVEYS AND OTHER ANALYSIS TO ENSURE THAT THE FEES CHARGED BY TCLC ARE FAIR AND REASONABLE, AND THE ARRANGEMENT WAS APPROVED BY THE CENTER'S DISINTERESTED DIRECTORS. INDIVIDUALS WITH NO FINANCIAL OR OTHER INTEREST IN TCLC COMPRISE A MAJORITY OF THE CENTER'S BOARD OF DIRECTORS.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PRESIDENT AND TREASURER ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1N/A - NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S PRESIDENT AND TREASURER REVIEW AND APPROVE THE TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH YEAR, TOP MANAGEMENT OFFICIALS, TOP FINANCIAL OFFICIALS, AND EACH KEY EMPLOYEE OF CENTER MUST AFFIRM THAT THE PERSON RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ IT AND UNDERSTOOD THE POLICY, AND AGREED TO COMPLY WITH IT. THEREAFTER, EACH INDIVIDUAL MUST DISCLOSE THEIR FINANCIAL INTEREST AND FAMILY RELATIONSHIPS THAT COULD GIVE RISE TO THE CONFLICT OF INTEREST POLICY. THE DISCLOSURE IS DONE BY MEANS OF A FORM IMPLEMENTED AS PART OF THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TAX RETURNS ARE REVIEWED BY ALL MEMBERS OF NEWTON CENTER'S BOARD. ADDITIONALLY, THE TAX RETURNS AND AUDIT ARE FORMALLY APPROVED AND ADOPTED BY THE BOARD AS PART OF ANNUAL BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0244968
IRS990/TotalAssetsEOYAmt0625221
IRS990/TotalAssetsGrp/BOYAmt0244968
IRS990/TotalAssetsGrp/EOYAmt0625221
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03336808
IRS990/TotalFunctionalExpensesGrp/TotalAmt03336808
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0130211
IRS990/TotalLiabilitiesEOYAmt0488210
IRS990/TotalLiabilitiesGrp/BOYAmt0130211
IRS990/TotalLiabilitiesGrp/EOYAmt0488210
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0114757
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0137011
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03336808
IRS990/TotalProgramServiceRevenueAmt03359062
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03359062
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03359062
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0244968
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0625221
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0114757
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0137011
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01528 S EL CAMINO REAL NO 201
IRS990/USAddress/CityNm0SAN MATEO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094402
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NEWTONCENTERS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ISAAC SONCINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06503454043
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEWTON CENTER
ReturnHeader/Filer/BusinessNameControlTxt0NEWT
ReturnHeader/Filer/EIN0943401055
ReturnHeader/Filer/PhoneNum06503454043
ReturnHeader/Filer/USAddress/AddressLine1Txt01528 S EL CAMINO REAL NO 201
ReturnHeader/Filer/USAddress/CityNm0SAN MATEO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094402
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02BB976B48B354A6D5D744B7A6C725973DBB364C3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A44BE256A4DB27F2125EC35C426D05A37704F66A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:56:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943138960
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MURRAY STOK & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0595 MARKET STREET STE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN FRANCISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094105
ReturnHeader/PreparerPersonGrp/PhoneNum04159810400
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER J MURRAY
ReturnHeader/ReturnTs02018-11-15T19:12:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$2.80$0.68$6.61$6.82$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.54$2.00$0.46$5.62$6.00$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.43$1.49$0.06$3.74$3.67$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.68$1.81$0.13$3.73$3.76$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.90$1.01$0.11$2.30$2.42$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.16$0.01$3.85$4.02$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.38$0.19$3.60$3.54$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.49$0.14$3.36$3.34$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.13$0.11$3.16$3.36$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$2.58$2.45$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$2.50$2.45$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$2.39$2.30$0.09
2012Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$2.00$2.16$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.25$1.64