Southborough Extended Day Program INC

Tax-deductible

Southborough, MA501(c)(3)EducationEIN 04-2917154

The organization provides before and after school childcare.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $108K a year · 21% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$691
-100% vs prior year
Spent
$143K
To programs
91%
Net assets
$6K
By yearFY2020–FY2023
Revenue
$691
FY2023▼ -100%
Revenue by fiscal year
FY2020$711K
FY2021$593K
FY2022$709K
FY2023$691
Expenses
$143K
FY2023▼ -83%
Expenses by fiscal year
FY2020$864K
FY2021$614K
FY2022$824K
FY2023$143K
Net assets
$6K
FY2023▼ -96%
Net assets by fiscal year
FY2020$284K
FY2021$263K
FY2022$148K
FY2023$6K

From the FY2023 Form 990 (year ending June 2023) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jul 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $130K Management & general 9% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Co-Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kerry Packard’s $78K as Executive Di is at the 94th percentile of top reported officer pay among 146 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Kerry Packard$78,361$77,695$71,504

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Southborough Extended Day Program INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers before and after school childcare for children.

Provided by the organization

This section is blank until Southborough Extended Day Program INC claims this page.

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1 program service account for $130K of program spending, described in the organization's own filed words · FY2022.
01

In fiscal year 2023 the organization donated field trips, purchased equipment (gym, outdoor toys and games), and donated snack funds, project supply funds and special event funds to the school-run southborough extended day PROGRAM.DONATIONS were also made to various local community non-profits including the southborough food pantry…

$130Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$691
Ln 12
Investment incomeLn 3$675
Other incomeLn 4–11$16
Money outPt IX
$143K
Ln 25
Programscol B$130K
Managementcol C$13K
Owns and owesPt X
$6K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$6K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$675
Other incomeLn 4–11$16
Total revenueLn 12$691
Assets in detailPt X, end of year
CashLn 1$6K
Cash and savings togetherLn 1–2$6K
Total assetsLn 16$6K
LiabilitiesLn 26$0
Net assetsLn 32$6K
OperationsPt I, VI
EmployeesI 534
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$93K$6K
Total assetsLn 16$176K$6K
LiabilitiesLn 26$28K$0
Net assetsLn 32$148K$6K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Payroll taxesLn 10$1$1
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$570$570
Office expensesLn 13$496$496
Information technologyLn 14$967$967
Conferences, conventions and meetingsLn 19$1K$1K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$122K$122K
All other expensesLn 24e$9K$7K$1K
Total functional expensesLn 25$143K$130K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $691$143K−$142K$6K 990 PDF
FY2022 $709K$824K−$115K$148K 990 PDF
FY2021 $593K$614K−$21K$263K 990 PDF
FY2020 $711K$864K−$153K$284K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $691 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $675$675
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $16$16
VIII-12 Total revenueExcluded from tax $691$691
Part IX · Statement of functional expenses $142,535 across 9 lines filed
IX-10 Payroll taxesPrograms $1$1
IX-11c Accounting feesManagement $4,060$4,060
IX-11g Other fees for servicesPrograms $570$570
IX-13 Office expensesManagement $496$496
IX-14 Information technologyManagement $967$967
IX-19 Conferences, conventions and meetingsManagement $1,400$1,400
IX-23 InsuranceManagement $5,001$5,001
IX-24 Other expenses (24a–d)Programs $121,531$121,531
IX-24e All other expensesPrograms $7,430 · Management $1,079$8,509
IX-25 Total functional expensesPrograms $129,532 · Management $13,003 · Fundraising $0$142,535
Part X · Balance sheet $5,784 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $93,040$5,784
X-16 Total assetsStart of year $175,839$5,784
X-26 Total liabilitiesStart of year $28,211$0
X-27 Net assets without donor restrictionsStart of year $147,628$5,784
X-32 Total net assets or fund balancesStart of year $147,628$5,784
X-33 Total liabilities and net assetsStart of year $175,839$5,784
Part XI · Reconciliation of net assets $5,784 net assets at year end
XI-1 Total revenue$691
XI-2 Total expenses$142,535
XI-3 Revenue less expenses−$141,844
XI-4 Net assets at start of year$147,628
XI-10 Net assets at end of year$5,784

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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