Children's After School Programs INC FY2022 filing

Tax-deductible

Hudson, MA501(c)(3)Since 1986EducationEIN 04-2927795Revenue $4.5M in FY2022

On file with the IRS127 Forest Ave, 01749-2852 · Hudson, MATax-exempt since Oct 1990Publicly supported — 509(a)(2)

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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.
$136K 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

FY2022 · 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
$136K
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
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
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
$3.2M
72% of total assets
Worth a look: liabilities are 72% of assets; over 65%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.5M
+38% vs prior year
Spent
$3.2M
To programs
80%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$4.5M
FY2022▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$3.3M
FY2022$4.5M
FY2024$5.3M
FY2024$5.6M
Expenses
$3.2M
FY2022▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.3M
FY2021$2.7M
FY2022$3.2M
FY2024$4.9M
FY2024$5.1M
Net assets
$1.2M
FY2022▲ ×14
Tap a bar for its year
Net assets by fiscal year
FY2020−$636K
FY2021−$103K
FY2022$1.2M
FY2024$2.9M
FY2024$3.4M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 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% · $2.5M Management & general 20% · $644K

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

8 people listed on the 990; $136K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Operating Committee
$136,182Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary Treasurer
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Operating Committee
$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.

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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

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1 program · $2.5M · in their own filed words · FY2021
01

Providing before and after school programs for children

$2.5Mprogram 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 · FY2021
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$4.5M
Ln 12
Fees for servicesLn 2g$3.6M
Gifts and grantsLn 1h$915K
Other incomeLn 4–11$16K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.5M
Managementcol C$644K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$4.4M
LiabilitiesLn 26$3.2M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$915K
Government grantsLn 1e$910K
Fees for servicesLn 2g$3.6M
Other incomeLn 4–11$16K
Total revenueLn 12$4.5M
Assets in detailPt X, end of year
CashLn 1$1.5M
Cash and savings togetherLn 1–2$1.5M
Land, buildings, equipmentLn 10c$2.9M
Total assetsLn 16$4.4M
LiabilitiesLn 26$3.2M
Net assetsLn 32$1.2M
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 FY22End FY22
Cash and savingsLn 1–2$268K$1.5M
Land, buildings, equipmentLn 10c$3.0M$2.9M
Total assetsLn 16$3.3M$4.4M
LiabilitiesLn 26$3.4M$3.2M
Net assetsLn 32−$103K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$136K$136K
Other salaries and wagesLn 7$2.2M$1.8M$341K
Other employee benefitsLn 9$313K$210K$103K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$19K$19K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$6K$6K
InterestLn 20$68K$62K$7K
Depreciation, depletion and amortizationLn 22$107K$105K$2K
Other expenses (24a–d)Ln 24$193K$184K$8K
All other expensesLn 24e$126K$112K$13K
Total functional expensesLn 25$3.2M$2.5M$644K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.3M$4.9M$383K$2.9M 990 PDF
FY2023 Not on file
FY2022 Viewing $4.5M$3.2M$1.3M$1.2M 990 PDF
FY2021 $3.3M$2.7M$532K−$103K 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $4,501,632 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $584,707$915,403
I-9 Program service revenuePrior year $2,473,356$3,570,150
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $200,469$16,079
I-12 Total revenuePrior year $3,258,532$4,501,632
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,202,815$2,635,741
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $523,433$527,149
I-18 Total expensesPrior year $2,726,248$3,162,890
I-19 Revenue less expensesPrior year $532,284$1,338,742
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,501,632 across 6 lines filed
VIII-1e Government grants$910,403
VIII-1f All other contributions, gifts and grants$5,000
VIII-1h Total contributions, gifts and grants$915,403
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,570,150$3,570,150
VIII-8 Net income from fundraising eventsExcluded from tax $16,079$16,079
VIII-12 Total revenueRelated to mission $3,570,150 · Unrelated business $0 · Excluded from tax $16,079$4,501,632
Part IX · Statement of functional expenses $3,162,890 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $136,182$136,182
IX-7 Other salaries and wagesPrograms $1,845,811 · Management $340,722$2,186,533
IX-9 Other employee benefitsPrograms $209,909 · Management $103,117$313,026
IX-11b Legal feesManagement $2,282$2,282
IX-11c Accounting feesManagement $19,000$19,000
IX-12 Advertising and promotionManagement $5,877$5,877
IX-13 Office expensesManagement $6,093$6,093
IX-20 InterestPrograms $61,509 · Management $6,834$68,343
IX-22 Depreciation, depletion and amortizationPrograms $104,912 · Management $2,084$106,996
IX-24 Other expenses (24a–d)Programs $184,487 · Management $8,457$192,944
IX-24e All other expensesPrograms $112,491 · Management $13,123$125,614
IX-25 Total functional expensesPrograms $2,519,119 · Management $643,771 · Fundraising $0$3,162,890
Part X · Balance sheet $4,445,136 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $268,129$1,503,626
X-4 Accounts receivableStart of year $19,080$26,853
X-9 Prepaid expenses and deferred chargesStart of year $19,208$18,535
X-10c Land, buildings and equipment, netStart of year $2,983,096$2,896,122
X-16 Total assetsStart of year $3,289,513$4,445,136
X-17 Accounts payable and accrued expensesStart of year $410,824$327,900
X-19 Deferred revenueStart of year $88,270$82,448
X-24 Unsecured notes and loans payableStart of year $30,000$0
X-26 Total liabilitiesStart of year $3,392,989$3,209,870
X-27 Net assets without donor restrictionsStart of year −$103,476$1,235,266
X-32 Total net assets or fund balancesStart of year −$103,476$1,235,266
X-33 Total liabilities and net assetsStart of year $3,289,513$4,445,136
Part XI · Reconciliation of net assets $1,235,266 net assets at year end
XI-1 Total revenue$4,501,632
XI-2 Total expenses$3,162,890
XI-3 Revenue less expenses$1,338,742
XI-4 Net assets at start of year−$103,476
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,235,266

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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