The organization provides before and after school childcare.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $342K in investments, Pt X · Ln 11–13
Fine: 2.9 months of spending in cash; 1 to 3.
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
$303K
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$711K
Spent
$864K
To programs
82%
Net assets
$284K
By yearFY2020–FY2023
Revenue
$711K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$711K
FY2021$593K
FY2022$709K
FY2023$691
Expenses
$864K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$864K
FY2021$614K
FY2022$824K
FY2023$143K
Net assets
$284K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$284K
FY2021$263K
FY2022$148K
FY2023$6K

From the FY2020 Form 990 (year ending June 2020) · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

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

82 cents of each dollar spent went to programs.

Program services 82% · $711K Management & general 18% · $153K

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

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Who runs it and what they're paid

14 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$71,504Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

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Provided by the organization

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1 program · $711K · in their own filed words · FY2019
01

In fiscal year 2020 the organization provided a before and after school enrichment program for approximately 200 children in grades pre-k through 8 to families in the town of southborough.

$711Kprogram expense

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 FY2020 990, line by line.

1The main four
Money inPt VIII
$711K
Ln 12
Fees for servicesLn 2g$703K
Investment incomeLn 3$8K
Money outPt IX
$864K
Ln 25
Programscol B$711K
Managementcol C$153K
Owns and owesPt X
$284K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$588K
LiabilitiesLn 26$303K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$703K
Investment incomeLn 3$8K
Total revenueLn 12$711K
Assets in detailPt X, end of year
CashLn 1$114K
SavingsLn 2$94K
Cash and savings togetherLn 1–2$207K
InvestmentsLn 11–13$342K
Land, buildings, equipmentLn 10c$753
Total assetsLn 16$588K
LiabilitiesLn 26$303K
Net assetsLn 32$284K
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 FY20End FY20
Cash and savingsLn 1–2$424K$207K
InvestmentsLn 11–13$259K$342K
Land, buildings, equipmentLn 10c$1K$753
Total assetsLn 16$729K$588K
LiabilitiesLn 26$291K$303K
Net assetsLn 32$437K$284K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$77K$64K$13K
Other salaries and wagesLn 7$569K$475K$95K
Payroll taxesLn 10$63K$53K$11K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$3K$3K
Office expensesLn 13$10K$10K
OccupancyLn 16$64K$57K$6K
Depreciation, depletion and amortizationLn 22$301$301
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$46K$44K$1K
All other expensesLn 24e$5K$2K$4K
Total functional expensesLn 25$864K$711K$153K$0

Filing history

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

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $711,134 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $962,045$702,725
I-10 Investment incomePrior year $5,209$8,409
I-11 Other revenue$0
I-12 Total revenuePrior year $967,254$711,134
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $710,321$709,802
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $204,514$154,544
I-18 Total expensesPrior year $914,835$864,346
I-19 Revenue less expensesPrior year $52,419−$153,212
Part VI · Governance 13 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $711,134 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $702,725$702,725
VIII-3 Investment incomeExcluded from tax $8,409$8,409
VIII-12 Total revenueRelated to mission $702,725 · Excluded from tax $8,409$711,134
Part IX · Statement of functional expenses $864,346 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $64,119 · Management $12,824$76,943
IX-7 Other salaries and wagesPrograms $474,532 · Management $94,906$569,438
IX-10 Payroll taxesPrograms $52,851 · Management $10,570$63,421
IX-11c Accounting feesManagement $10,228$10,228
IX-11g Other fees for servicesManagement $2,999$2,999
IX-13 Office expensesManagement $9,806$9,806
IX-16 OccupancyPrograms $57,330 · Management $6,370$63,700
IX-22 Depreciation, depletion and amortizationManagement $301$301
IX-23 InsurancePrograms $16,747$16,747
IX-24 Other expenses (24a–d)Programs $44,334 · Management $1,179$45,513
IX-24e All other expensesPrograms $1,573 · Management $3,677$5,250
IX-25 Total functional expensesPrograms $711,486 · Management $152,860 · Fundraising $0$864,346
Part X · Balance sheet $587,563 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $330,406$113,706
X-2 Savings and temporary cash investmentsStart of year $93,154$93,519
X-4 Accounts receivableStart of year $34,568$728
X-9 Prepaid expenses and deferred chargesStart of year $10,533$36,890
X-10c Land, buildings and equipment, netStart of year $1,055$753
X-12 Other securitiesStart of year $258,921$341,967
X-16 Total assetsStart of year $728,637$587,563
X-17 Accounts payable and accrued expensesStart of year $57,796$26,310
X-19 Deferred revenueStart of year $3,206$59,022
X-24 Unsecured notes and loans payable$140,000
X-25 Other liabilitiesStart of year $230,336$78,144
X-26 Total liabilitiesStart of year $291,338$303,476
X-27 Net assets without donor restrictionsStart of year $437,299$284,087
X-32 Total net assets or fund balancesStart of year $437,299$284,087
X-33 Total liabilities and net assetsStart of year $728,637$587,563
Part XI · Reconciliation of net assets $284,087 net assets at year end
XI-1 Total revenue$711,134
XI-2 Total expenses$864,346
XI-3 Revenue less expenses−$153,212
XI-4 Net assets at start of year$437,299
XI-10 Net assets at end of year$284,087

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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