FUN TIME EARLY CHILDHOOD ACADEMY INC: Form 990, tax year 2015
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- Organization
- FUN TIME EARLY CHILDHOOD ACADEMY INC (EIN 59-1039978)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-01-26
- IRS object ID
- 201700269349300605
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-01-26T08:00:09-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4099 TAMIAMI TRAIL N STE 300 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591039978 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUN TIME EARLY CHILDHOOD | BusinessNameLine1Txt |
| Business Name Line2 | ACADEMY INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUNT | BusinessNameControlTxt |
| Phone | 2392618284 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 12TH ST N | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUSTY TROTH | PersonNm |
| Person Title | CHAIR | PersonTitleTxt |
| Phone | 2392618284 | PhoneNum |
| Signature | 2017-01-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMELIA COOPER CPA | PreparerPersonNm |
| PTIN | P00437898 | PTIN |
| Phone | 2392628686 | PhoneNum |
| Preparation | 2017-01-26 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RUSTY TROTH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 12TH ST N | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,776,845 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FUNTIMEACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE EDUCATION & CARE FOR THE CHILDREN OF LOW-INCOME WORKING FAMILIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Total Volunteers | 104 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,444,923 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,108,926 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $185,788 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $485,854 | CYProgramServiceRevenueAmt |
| PY Investment Income | $757 | PYInvestmentIncomeAmt |
| CY Investment Income | $25,927 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$36,525 | PYOtherRevenueAmt |
| CY Other Revenue | -$24,744 | CYOtherRevenueAmt |
| PY Total Revenue | $1,594,943 | PYTotalRevenueAmt |
| CY Total Revenue | $1,595,963 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $923,776 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $936,222 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $70,107 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $407,679 | PYOtherExpensesAmt |
| CY Other Expenses | $497,338 | CYOtherExpensesAmt |
| PY Total Expenses | $1,331,455 | PYTotalExpensesAmt |
| CY Total Expenses | $1,433,560 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $263,488 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $162,403 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,461,150 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,582,935 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $43,246 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $84,511 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,417,904 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,498,424 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PLEASE REFER TO SCHEDULE O FOR A MORE DETAILED DESCRIPTION OF OUR MISSION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,262,870 | ExpenseAmt |
| Revenue | $485,854 | RevenueAmt |
| Desc | FUN TIME PROVIDES A HIGH-QUALITY EARLY CHILDHOOD LEARNING ENVIRONMENT. THE CHILDREN ARE TAUGHT BY TEACHERS WITH EARLY CHILDHOOD EDUCATION DEGREES AND CREDENTIALS. VOLUNTARY PRE-KINDERGARTEN IS OFFERED TO ALL CHILDREN AT FUN TIME THE YEAR PRIOR TO THEM ENTERING KINDERGARTEN, AND HEAD START IS AVAILABLE TO INCOME-ELIGIBLE FAMILIES.FUN TIME EDUCATES 84 CHILDREN FROM AGE TWO TO PRE-KINDERGARTEN. FULL BREAKFAST, LUNCH AND SNACK ARE SERVED FREE OF CHARGE TO ALL CHILDREN. FUN TIME IS OPEN FIVE DAYS A WEEK FROM 6:30 A.M. TO 5:30 P.M. TO ACCOMMODATE WORKING FAMILIES YEAR ROUND. | Desc |
| Total Program Service Expenses | $1,262,870 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 36 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELEN CRUZ FINANCE MANAGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2392618284 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 12TH STREET N | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| RUSTY TROTH | ||||||
| CHAIR | 12.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANN OLSON | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JINNY JOHNSON | ||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GARY ROOT | ||||||
| BOARD MEMBER, ASSISTANT TREASURER | 4.00 | Yes (X) | $0 | $0 | $0 | |
| CONNIE MESSNER | ||||||
| BOARD MEMEBER, PAST CHAIR | 8.00 | Yes (X) | $0 | $0 | $0 | |
| MAUREEN DENMAN | ||||||
| BOARD MEMBER | 6.00 | Yes (X) | $0 | $0 | $0 | |
| JENNIFER AURAY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KIM DILLION | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JIM FREY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BOB POLIZZOTTO | ||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |
| CRAIG JILK | ||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JANET GABLE | ||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | |
| RON CIESLA | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LYNN NOLAN | ||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | |
| HEIDI VARSAMES | ||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MARSHA MURPHY | ||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | |
| VAL TROTMAN | ||||||
| BOARD MEMBER | 6.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTINE KRUMAN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBIN LARKIN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA TYRRELL | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $61,346 | $0 | $4,147 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $61,346 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $4,147 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $340,140 | FundraisingAmt |
| Government Grants | $87,873 | GovernmentGrantsAmt |
| All Other Contributions | $680,913 | AllOtherContributionsAmt |
| Noncash Contributions | $99,357 | NoncashContributionsAmt |
| Total Contributions | $1,108,926 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION ASSISTANCE | 624410 | $252,303 | $252,303 |
| CHILD CARE FEES | 624410 | $233,551 | $233,551 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $485,854 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,491 | TotalRevenueColumnAmt |
| Exclusion | $39,491 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,564 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$13,564 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,564 | TotalRevenueColumnAmt |
| Exclusion | -$13,564 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $138,374 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $340,140 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $167,318 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$28,944 | TotalRevenueColumnAmt |
| Exclusion | -$28,944 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | T-SHIRT SALES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $4,200 | TotalRevenueColumnAmt |
| Exclusion | $4,200 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,200 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,595,963 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $485,854 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,183 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,356 | TotalAmt |
| Program Services | $110,121 | ProgramServicesAmt |
| Management And General | $8,565 | ManagementAndGeneralAmt |
| Fundraising | $3,670 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $669,648 | TotalAmt |
| Program Services | $602,683 | ProgramServicesAmt |
| Management And General | $46,875 | ManagementAndGeneralAmt |
| Fundraising | $20,090 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,408 | TotalAmt |
| Program Services | $79,566 | ProgramServicesAmt |
| Management And General | $6,189 | ManagementAndGeneralAmt |
| Fundraising | $2,653 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,810 | TotalAmt |
| Program Services | $50,229 | ProgramServicesAmt |
| Management And General | $3,907 | ManagementAndGeneralAmt |
| Fundraising | $1,674 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,803 | TotalAmt |
| Program Services | $28,313 | ProgramServicesAmt |
| Management And General | $1,490 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,125 | TotalAmt |
| Management And General | $14,125 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,311 | TotalAmt |
| Program Services | $58,284 | ProgramServicesAmt |
| Management And General | $4,340 | ManagementAndGeneralAmt |
| Fundraising | $1,687 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,816 | TotalAmt |
| Fundraising | $10,816 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,448 | TotalAmt |
| Program Services | $28,250 | ProgramServicesAmt |
| Management And General | $1,198 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,038 | TotalAmt |
| Program Services | $12,386 | ProgramServicesAmt |
| Management And General | $652 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,944 | TotalAmt |
| Program Services | $71,197 | ProgramServicesAmt |
| Management And General | $3,747 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,078 | TotalAmt |
| Program Services | $1,662 | ProgramServicesAmt |
| Management And General | $416 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,255 | TotalAmt |
| Program Services | $93,342 | ProgramServicesAmt |
| Management And General | $4,913 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,260 | TotalAmt |
| Program Services | $21,471 | ProgramServicesAmt |
| Management And General | $3,789 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| PROGRAM SUPPLIES | $98,804 | $98,804 | ||
| FUNDRAISING EXPENSES | $29,475 | $29,475 | ||
| LICENSES AND PERMITS | $1,705 | $1,620 | $85 | |
| DUES AND SUBSCRIPTIONS | $235 | $223 | $12 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,041 | TotalAmt |
| Program Services | $4,719 | ProgramServicesAmt |
| Management And General | $280 | ManagementAndGeneralAmt |
| Fundraising | $42 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,433,560 | TotalAmt |
| Program Services | $1,262,870 | ProgramServicesAmt |
| Management And General | $100,583 | ManagementAndGeneralAmt |
| Fundraising | $70,107 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,778 | BOYAmt |
| EOY | $118,446 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,405 | BOYAmt |
| EOY | $300,509 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,859 | BOYAmt |
| EOY | $23,161 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446 | BOYAmt |
| EOY | $1,811 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,508 | BOYAmt |
| EOY | $23,528 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,491,288 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $732,575 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,842,044 | BOYAmt |
| EOY | $1,758,713 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,063,110 | BOYAmt |
| EOY | $2,356,767 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,461,150 | BOYAmt |
| EOY | $4,582,935 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,246 | BOYAmt |
| EOY | $84,511 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,246 | BOYAmt |
| EOY | $84,511 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,934,367 | BOYAmt |
| EOY | $4,020,119 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $483,537 | BOYAmt |
| EOY | $478,305 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,417,904 | BOYAmt |
| EOY | $4,498,424 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,461,150 | BOYAmt |
| EOY | $4,582,935 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $162,403 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$81,883 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,088,531 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,248,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,307,010 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,444,923 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,108,926 | CurrentTaxYearAmt |
| Total | $6,198,294 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,088,531 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,248,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,307,010 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,444,923 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,108,926 | CurrentTaxYearAmt |
| Total | $6,198,294 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $222,126 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,976,168 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,830 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,546 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $833 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $757 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $39,491 | CurrentTaxYearAmt |
| Total | $45,457 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $134,943 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $137,442 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,228 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $135,101 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $142,574 | CurrentTaxYearAmt |
| Total | $671,288 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,915,039 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,294,453 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.86420 | PublicSupportCY170Pct |
| Public Support PY170 | 0.96050 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FUNDRAISING INCOME - 2011 AMOUNT: $ 130,875. 2012 AMOUNT: $ 134,954. 2013 AMOUNT: $ 117,644. 2014 AMOUNT: $ 131,031. 2015 AMOUNT: $ 138,374. T-SHIRT SALES - 2011 AMOUNT: $ 4,068. 2012 AMOUNT: $ 2,488. 2013 AMOUNT: $ 3,584. 2014 AMOUNT: $ 4,070. 2015 AMOUNT: $ 4,200. |
| PART II ADJUSTMENTS FOR 2015 | THE DECREASE IN GIFTS, GRANTS, AND CONTRIBUTIONS REPORTED IN PART II, LINE 1 FOR 2015 IS DUE TO A RECLASSIFICATION OF CERTAIN GOVERNMENT PAYMENTS AS TUITION INCOME. THIS AMOUNT IS NOW INCLUDED IN PART II, LINE 12 WITH OTHER SIMILAR TUTION PAYMENTS RECEIVED OVER THE PAST 5 YEARS. THE DECREASE IN THE PUBLIC SUPPORT PERCENTAGE FOR 2015 REPORTED IN PART II, LINE 14 IS DUE TO THE DECREASE IN REVENUE REPORTED IN PART II, LINE 1 AS MENTIONED ABOVE, AS WELL AS AN INCREASE IN INVESTMENT INCOME REPORTED IN PART II, LINE 8 FOR 2015. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,579,573 | BeginningYearBalanceAmt |
| Contributions | $370,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$56,986 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $14,125 | AdministrativeExpensesAmt |
| End Year Balance | $1,878,462 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,258,429 | BeginningYearBalanceAmt |
| Contributions | $295,751 | ContributionsAmt |
| Investment Earnings Or Losses | $25,393 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,579,573 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $878,055 | BeginningYearBalanceAmt |
| Contributions | $268,000 | ContributionsAmt |
| Investment Earnings Or Losses | $117,468 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | -$5,094 | AdministrativeExpensesAmt |
| End Year Balance | $1,258,429 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $601,616 | BeginningYearBalanceAmt |
| Contributions | $250,000 | ContributionsAmt |
| Investment Earnings Or Losses | $46,439 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$20,000 | OtherExpendituresAmt |
| End Year Balance | $878,055 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $426,314 | BeginningYearBalanceAmt |
| Contributions | $190,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$14,698 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $601,616 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,039,159 | OtherCostOrOtherBasisAmt |
| Depreciation | $401,482 | DepreciationAmt |
| Book Value | $1,637,677 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $452,129 | OtherCostOrOtherBasisAmt |
| Depreciation | $331,093 | DepreciationAmt |
| Book Value | $121,036 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,758,713 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CAPITAL LAND LEASE | $478,305 |
| BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS | $1,878,462 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,356,767 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,499,955 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$81,883 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$81,883 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,581,838 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $14,125 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $14,125 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,595,963 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,419,435 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,419,435 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $14,125 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $14,125 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,433,560 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | EACH YEAR FUN TIME EARLY CHILDHOOD ACADEMY HAS TO RAISE APPROXIMATELY HALF OF ITS BUDGETED OPERATING EXPENSES FROM DONORS. THE 50 MORE YEARS FUND HAS BEEN ESTABLISHED SO THAT FUN TIME WILL HAVE AN ENDOWMENT FUND THAT WILL ULTIMATELY PROVIDE INCOME TO MEET A PORTION OF THE OPERATING EXPENSES OF THE ACADEMY. AS THE 50 MORE YEARS FUND GROWS THE FINANCIAL POSITION OF FUN TIME WILL BE SECURED. THE BUILDING CAPITAL RESERVE FUND WILL BE USED TO PURCHASE ANY ADDITIONAL ASSETS NEEDED BY THE ACADEMY AND TO REPLACE THE EXISTING ASSETS WHEN REQUIRED. |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS DETERMINED THE ACADEMY TO BE EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE ACADEMY IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE ACADEMY FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ACADEMY'S FINANCIAL STATEMENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SURF'S UP | Event1Nm |
| Gross Receipts Event1 | $478,514 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $340,140 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $138,374 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $97,324 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $48,854 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $21,140 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $478,514 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $340,140 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $138,374 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $97,324 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $48,854 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,140 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $167,318 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$28,944 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 142 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,253 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | AUCTION ITEMS AND VACATION PACKAGES | Desc |
| Contribution | 95 | ContributionCnt |
| Noncash Contributions Rpt F990 | $91,104 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR DETERMINATION | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE ACADEMY USES A THIRD PARTY BROKERAGE COMPANY TO RECEIVE GIFTS OF PUBLICLY TRADED SECURITIES. THE COMPANY IMMEDIATELY LIQUIDATES THE STOCK UPON RECEIPT. TWO CONSIGNMENT AUCTION ITEMS TOTALLING $6,220 WERE PURCHASED FROM WINSPIRE, INC. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | THE MISSION OF FUN TIME EARLY CHILDHOOD ACADEMY IS TO PROVIDE SAFE, QUALITY, AFFORDABLE EDUCATION AND CARE FOR CHILDREN OF LOW-INCOME WORKING FAMILIES AND TO PREPARE THE CHILDREN FOR KINDERGARTEN, READY TO READ AND READY TO LEARN! FUN TIME IS NATIONALLY ACCREDITED AND HAS BEEN AWARDED THE GOLD SEAL OF EXCELLENCE FROM THE FLORIDA DEPARTMENT OF CHILDREN AND FAMILIES. FUN TIME IS CERTIFIED AS A VOLUNTARY PRE-KINDERGARTEN PROVIDER AS WELL AS BEING A NATIONAL HEAD START PROVIDER. FUN TIME HAS SATISFIED THE REQUIREMENTS OF THE EARLY LEARNING COALITION OF SOUTHWEST FLORIDA AND IS AN APPROVED SCHOOL READINESS PROVIDER. FUN TIME HAS OBTAINED PROVEN RESULTS ON THE KINDERGARTEN READINESS TEST WHICH SHOWS THAT FUN TIME IS ACHIEVING ITS MISSION! |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE CONSISTS OF DESIGNATED BOARD MEMBERS. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE FOR THE CONDUCT OF ALL CORPORATE BUSINESS IN ACCORDANCE WITH THE POLICIES FORMULATED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DRAFT OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE TO ENSURE THAT IT AGREES TO THE ANNUAL FINANCIAL STATEMENTS. ANY QUESTIONS THAT ARE RAISED ARE RESOLVED. THE FORM 990 IS SENT TO THE BOARD FOR THEIR REVIEW PRIOR TO THE BOARD MEETING WHERE THE ACCEPTANCE OF THE FORM 990 WILL BE VOTED ON. PRIOR TO VOTING TO ACCEPT THE FORM 990, A PRESENTATION IS MADE TO THE BOARD WHERE THE FORM 990 IS EXPLAINED TO THE BOARD AND ANY QUESTIONS ARE ANSWERED. THE BOARD APPROVES THE 990 BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE. ANY DIRECTOR MAY RECUSE HIMSELF OR HERSELF AT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE DIRECTOR BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST, WITHOUT GOING THROUGH THE PROCESS FOR DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR EXECUTIVE COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR EXECUTIVE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER FUN TIME EARLY CHILDHOOD ACADEMY CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN FUN TIME EARLY CHILDHOOD ACADEMY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE MINUTES OF THE BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S OR EXECUTIVE COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED, AND THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. |
| FORM 990, PART VI, SECTION B, LINE 15A | AANNUAL REVIEW AND BENCHMARKING TO COMPARABLE ORGANIZATIONS ARE PERFORMED. THE EXECUTIVE DIRECTOR SETS GOALS THAT ARE TO BE ACHIEVED DURING THE YEAR AND THE GOALS ARE APPROVED BY THE ADMINISTRATIVE COMMITTEE CHAIRED BY THE CHAIR OF THE BOARD OF DIRECTORS. THE ADMINISTRATIVE COMMITTEE REVIEWS THE PERFORMANCE AGAINST THE GOALS AND ANY INCREASE IS APPROVED BY THE ADMINISTRATIVE COMMITTEE. THE REVIEW WAS LAST PERFORMED IN 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST IN EITHER ELECTRONIC OR PAPER FORM. |
| FORM 990, PART VIII, LINE 1E | THE DECREASE IN GOVERNMENT GRANTS IN PART VIII, LINE 1E IS DUE TO A RECLASSIFICATION OF CERTAIN GOVERNMENT PAYMENTS AS TUITION INCOME. THIS AMOUNT IS NOW INCLUDED IN PART VIII, LINE 2 WITH OTHER SIMILAR TUITION PAYMENTS. |
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