Springfield Operations Ecs Inc
- Assets
- $17.8m
- Revenue
- $620.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Springfield, MA
- Founding
- 03/2018
- Data as of
- 10/2022
- EIN
- 82-3148338
Organization Overview
Springfield Operations Ecs Inc is located in Springfield, MA. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Operations Ecs Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2022, Springfield Operations Ecs Inc generated $620.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.8%) each year. All expenses for the organization totaled $480.7k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND OPERATE AN EARLY CHILDHOOD CENTER PROVIDING EDUCATIONAL SERVICES TO FINANCIALLY DISADVANTAGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND OPERATION OF AN EARLY CHILDHOOD CENTER TO PROVIDE EDUCATIONAL SERVICES TO FINANCIALLY DISADVANTAGED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Roach Treasurer | OfficerTrustee | 2 | $0 |
Mary Beth Cooper President | OfficerTrustee | 2 | $0 |
Paul Belsito Vice Chair | OfficerTrustee | 2 | $0 |
Michael Burke Director | Trustee | 2 | $0 |
Brittney Rosario Gonzalez Director | Trustee | 2 | $0 |
Dr Tyra Good Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $512,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $512,532 |
| Total Program Service Revenue | $0 |
| Investment income | $88,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,186 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,329 |
| Payroll taxes | $7,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,177 |
| Fees for services: Accounting | $11,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,850 |
| Advertising and promotion | $0 |
| Office expenses | $176,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,678 |
| Travel | $1,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,229 |
| Insurance | $16,779 |
| All other expenses | $0 |
| Total functional expenses | $480,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $753,491 |
| Savings and temporary cash investments | $1,729,479 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,402,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $289,083 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,593,100 |
| Total assets | $17,767,553 |
| Accounts payable and accrued expenses | $49,583 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,583 |
| Net assets without donor restrictions | $10,978,071 |
| Net assets with donor restrictions | $6,739,899 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,767,553 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Springfield Operations Ecs Inc has recieved totaling $180,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $100,000 |
Chicopee Savings Bank Charitable Foundation Chicopee, MA PURPOSE: EXEMPT PURPOSE | $60,000 |
Chicopee Savings Bank Charitable Foundation Chicopee, MA PURPOSE: EXEMPT PURPOSE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |