Children's After School Programs INC FY2020 filing

Tax-deductible

Hudson, MA501(c)(3)Since 1986EducationEIN 04-2927795

Its purpose is to provide, in cooperation with other civic organizations, a comprehensive program for before and after school care for the youth of hudson

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$124K 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $418K a year · 11% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$124K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.1M
118% of total assets
Concern: liabilities are 118% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
Spent
$3.3M
To programs
80%
Net assets
−$636K
By yearFY2020–FY2024
Revenue
$2.7M
FY2020
Revenue by fiscal year
FY2020$2.7M
FY2021$3.3M
FY2022$4.5M
FY2024$5.3M
FY2024$5.6M
Expenses
$3.3M
FY2020
Expenses by fiscal year
FY2020$3.3M
FY2021$2.7M
FY2022$3.2M
FY2024$4.9M
FY2024$5.1M
Net assets
−$636K
FY2020
Net assets by fiscal year
FY2020−$636K
FY2021−$103K
FY2022$1.2M
FY2024$2.9M
FY2024$3.4M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1990.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $2.7M Management & general 20% · $659K

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; $124K 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
Operating Committee
$123,805Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Steven Freitas’s $195K as Operating Committee is at the 81st percentile of top reported officer pay among 3394 $1–10M 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

NameFY2024FY2024FY2022FY2020
Steven Freitas$195,000$182,202$136,182$123,805

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 Children's After School Programs 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 15aYes

Programs and updates

Provides early education and before/after school programs for children.

Provided by the organization

This section is blank until Children's After School Programs INC claims this page.

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1 program service account for $2.7M of program spending, described in the organization's own filed words · FY2019.
01

Providing before and after school programs for children

$2.7Mprogram 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 · FY2021
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$2.7M
Gifts and grantsLn 1h$21K
Other incomeLn 4–11$4K
Money outPt IX
$3.3M
Ln 25
Programscol B$2.7M
Managementcol C$659K
Owns and owesPt X
−$636K
net assets · Ln 32
Cash and savingsLn 1–2$364K
Total assetsLn 16$3.5M
LiabilitiesLn 26$4.1M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21K
Fees for servicesLn 2g$2.7M
Other incomeLn 4–11$4K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$364K
Cash and savings togetherLn 1–2$364K
Land, buildings, equipmentLn 10c$3.1M
Total assetsLn 16$3.5M
LiabilitiesLn 26$4.1M
Net assetsLn 32−$636K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
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$320K$364K
Land, buildings, equipmentLn 10c$3.2M$3.1M
Total assetsLn 16$3.6M$3.5M
LiabilitiesLn 26$3.6M$4.1M
Net assetsLn 32−$52K−$636K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$124K$124K
Pay of disqualified personsLn 6$2.3M$1.9M$415K
Other employee benefitsLn 9$348K$301K$47K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$16K$16K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$6K$6K
InterestLn 20$72K$65K$7K
Depreciation, depletion and amortizationLn 22$110K$107K$4K
Other expenses (24a–d)Ln 24$168K$160K$8K
All other expensesLn 24e$123K$110K$13K
Total functional expensesLn 25$3.3M$2.7M$659K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.3M$4.9M$383K$2.9M 990 PDF
FY2023 Not on file
FY2022 $4.5M$3.2M$1.3M$1.2M 990 PDF
FY2021 $3.3M$2.7M$532K−$103K 990 PDF
FY2020 Viewing $2.7M$3.3M−$584K−$636K 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $2,749,685 across 5 lines filed
VIII-1f All other contributions, gifts and grants$20,760
VIII-1h Total contributions, gifts and grants$20,760
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,724,846$2,724,846
VIII-8 Net income from fundraising eventsExcluded from tax $4,079$4,079
VIII-12 Total revenueRelated to mission $2,724,846 · Unrelated business $0 · Excluded from tax $4,079$2,749,685
Part IX · Statement of functional expenses $3,333,247 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $123,805$123,805
IX-6 Pay of disqualified personsPrograms $1,931,588 · Management $415,266$2,346,854
IX-9 Other employee benefitsPrograms $300,526 · Management $47,338$347,864
IX-11b Legal feesManagement $16,048$16,048
IX-11c Accounting feesManagement $16,500$16,500
IX-12 Advertising and promotionManagement $2,282$2,282
IX-13 Office expensesManagement $5,601$5,601
IX-20 InterestPrograms $64,975 · Management $7,220$72,195
IX-22 Depreciation, depletion and amortizationPrograms $106,691 · Management $3,707$110,398
IX-24 Other expenses (24a–d)Programs $160,059 · Management $8,410$168,469
IX-24e All other expensesPrograms $110,195 · Management $13,036$123,231
IX-25 Total functional expensesPrograms $2,674,034 · Management $659,213 · Fundraising $0$3,333,247
Part X · Balance sheet $3,493,969 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $319,871$363,582
X-4 Accounts receivableStart of year $48,293$21,256
X-9 Prepaid expenses and deferred chargesStart of year $20,368$21,736
X-10c Land, buildings and equipment, netStart of year $3,192,648$3,087,395
X-16 Total assetsStart of year $3,581,180$3,493,969
X-17 Accounts payable and accrued expensesStart of year $624,604$535,098
X-19 Deferred revenueStart of year $65,211$22,859
X-24 Unsecured notes and loans payableStart of year $150,000$90,000
X-26 Total liabilitiesStart of year $3,633,378$4,129,729
X-27 Net assets without donor restrictionsStart of year −$52,198−$635,760
X-32 Total net assets or fund balancesStart of year −$52,198−$635,760
X-33 Total liabilities and net assetsStart of year $3,581,180$3,493,969
Part XI · Reconciliation of net assets −$635,760 net assets at year end
XI-1 Total revenue$2,749,685
XI-2 Total expenses$3,333,247
XI-3 Revenue less expenses−$583,562
XI-4 Net assets at start of year−$52,198
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$635,760

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

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