philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Workspace Education Incorporated FY2020 filing

Wilton, CTUnknown exempt organization EIN 81-4491447Revenue $1.3M in FY2020

On file with the IRSworkspaceeducation.org7 Huckleberry Hill Road · Wilton, CT

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Workspace Education Incorporated is a vibrant learning community, led by parents, that provides its member families with programming and other resources to facilitate homeschooling opportunities.

74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $271K a year · 34% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $52
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$121K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 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
$1.3M
Spent
$1.2M
To programs
74%
Net assets
$635K
By yearFY2020–FY2021
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$346K
Expenses
$1.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$981K
Net assets
$635K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$635K
FY2021$0

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

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $863K Management & general 26% · $310K

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

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
George Fraise
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Bobbi Jo Beers
Board Member
$0Pt VII · Sec A
Elaine Lipp
Board Member
$0Pt VII · Sec A
Elaine Mackenzie
Board Member
$0Pt VII · Sec A
Aurelio Muraca
Board Member
$0Pt VII · Sec A
Eric Wolff
Board Member
$0Pt VII · Sec A
See Workspace Education Incorporated executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Facilitates homeschooling by providing programming and resources for member families.

Questions for Workspace Education Incorporated

Tap to ask. Workspace Education Incorporated sees how many people are interested.

Your first name shows with your question. Workspace Education Incorporated answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $863K · in their own filed words · FY2019
01

Educational Services

Providing resources and a 21ST century learning environment, including co-working speaces. Children and their parents receive guidance regarding education, educational opportunities, and a place to do their studies.

$863Kprogram expense
02

Cubicle Rentals

Cubicles are made available to members so that each family or student has the opportunity to have a "home base" within the workspace education facility to store their educational materials.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2020
Amazonsmile FoundationFY2020$52
Total grants receivedfrom 1 funder$52
Grants paid · 1 grant · $54K · 2020–2020
100 Roads IncorporatedMT · FY2020$53,690

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$790K
Fees for servicesLn 2g$475K
Investment incomeLn 3$107
Money outPt IX
$1.2M
Ln 25
Programscol B$863K
Managementcol C$310K
Owns and owesPt X
$635K
net assets · Ln 32
Cash and savingsLn 1–2$272K
Total assetsLn 16$757K
LiabilitiesLn 26$121K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$790K
Fees for servicesLn 2g$475K
Investment incomeLn 3$107
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$272K
Cash and savings togetherLn 1–2$272K
Land, buildings, equipmentLn 10c$463K
Total assetsLn 16$757K
LiabilitiesLn 26$121K
Net assetsLn 32$635K
OperationsPt I, VI
EmployeesI 512
VolunteersI 620
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
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$90K$272K
Land, buildings, equipmentLn 10c$554K$463K
Total assetsLn 16$755K$757K
LiabilitiesLn 26$213K$121K
Net assetsLn 32$542K$635K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$537K$537K
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$44K$44K
Management feesLn 11a$45K$45K
Legal feesLn 11b$8K$8K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$8K$4K$4K
OccupancyLn 16$170K$85K$85K
TravelLn 17$2K$2K
Depreciation, depletion and amortizationLn 22$91K$90K$2K
InsuranceLn 23$21K$11K$11K
Other expenses (24a–d)Ln 24$179K$49K$131K
All other expensesLn 24e$53K$31K$23K
Total functional expensesLn 25$1.2M$863K$310K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $346K$981K−$635K$0 990 PDF
FY2020 Viewing $1.3M$1.2M$93K$635K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,265,279 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,156,000$790,000
I-9 Program service revenuePrior year $391,566$475,172
I-10 Investment incomePrior year $55$107
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,547,621$1,265,279
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 $538,475$585,905
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $500,982$586,394
I-18 Total expensesPrior year $1,039,457$1,172,299
I-19 Revenue less expensesPrior year $508,164$92,980
Part VI · Governance 7 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,265,279 across 5 lines filed
VIII-1f All other contributions, gifts and grants$790,000
VIII-1h Total contributions, gifts and grants$790,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $475,172$475,172
VIII-3 Investment incomeExcluded from tax $107$107
VIII-12 Total revenueRelated to mission $475,172 · Unrelated business $0 · Excluded from tax $107$1,265,279
Part IX · Statement of functional expenses $1,172,299 across 13 lines filed
IX-7 Other salaries and wagesPrograms $537,437$537,437
IX-9 Other employee benefitsPrograms $4,772$4,772
IX-10 Payroll taxesPrograms $43,696$43,696
IX-11a Management feesManagement $44,977$44,977
IX-11b Legal feesManagement $7,555$7,555
IX-12 Advertising and promotionPrograms $7,552$7,552
IX-13 Office expensesPrograms $4,151 · Management $4,151$8,302
IX-16 OccupancyPrograms $85,000 · Management $85,000$170,000
IX-17 TravelManagement $2,467$2,467
IX-22 Depreciation, depletion and amortizationPrograms $89,616 · Management $1,833$91,449
IX-23 InsurancePrograms $10,624 · Management $10,623$21,247
IX-24 Other expenses (24a–d)Programs $48,909 · Management $130,578$179,487
IX-24e All other expensesPrograms $30,776 · Management $22,582$53,358
IX-25 Total functional expensesPrograms $862,533 · Management $309,766 · Fundraising $0$1,172,299
Part X · Balance sheet $756,633 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $90,287$271,683
X-4 Accounts receivableStart of year $108,086$17,073
X-9 Prepaid expenses and deferred chargesStart of year $2,848$5,217
X-10c Land, buildings and equipment, netStart of year $554,110$462,660
X-16 Total assetsStart of year $755,331$756,633
X-17 Accounts payable and accrued expensesStart of year $15,048$0
X-19 Deferred revenueStart of year $198,046$0
X-24 Unsecured notes and loans payableStart of year $0$116,300
X-25 Other liabilitiesStart of year $0$5,116
X-26 Total liabilitiesStart of year $213,094$121,416
X-32 Total net assets or fund balancesStart of year $542,237$635,217
X-33 Total liabilities and net assetsStart of year $755,331$756,633
Part XI · Reconciliation of net assets $635,217 net assets at year end
XI-1 Total revenue$1,265,279
XI-2 Total expenses$1,172,299
XI-3 Revenue less expenses$92,980
XI-4 Net assets at start of year$542,237
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$635,217

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.