2014-12-12T12:26:28-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 4099 TAMIAMI TRAIL N STE 300 NAPLES FL 34103 990 2013-07-01 591039978 FUN TIME EARLY CHILDHOOD ACADEMY INC FUNT 2392618284 102 12TH ST N NAPLES FL 34102 CONNIE MESSNER CHAIR 2392618284 2014-11-26 1 AMELIA COOPER CPA P00437898 2392628686 2014-11-11 2013 2015-11-30 17:44:51Z CONNIE MESSNER 102 12TH ST N NAPLES FL 34102 1619967 0 X WWW.FUNTIMEACADEMY.ORG X 1962 FL TO PROVIDE EDUCATION & CARE FOR THE CHILDREN OF LOW-INCOME WORKING FAMILIES. 12 12 31 101 0 0 1248904 1307010 201251 190896 2546 833 -19948 -18653 1432753 1480086 0 0 0 0 897524 952171 0 0 44032 340649 383162 1238173 1335333 194580 144753 3920470 4185829 48592 56801 3871878 4129028 X PLEASE REFER TO SCHEDULE O FOR A MORE DETAILED DESCRIPTION OF OUR MISSION. 0 0 1175733 190896 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. 1175733 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 31 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X HELEN CRUZ FINANCE MANAGER 2392618284 102 12TH STREET N NAPLES FL 34102 CONNIE MESSNER BOARD CHAIR 7.00 X X 0 0 0 MAUREEN DENMAN BOARD MEMBER 2.00 X 0 0 0 JAMES DERHAM PAST TREASURER 5.00 X 0 0 0 MARY FREY BOARD MEMBER 3.00 X 0 0 0 BOB POLIZZOTTO BOARD MEMBER 4.00 X 0 0 0 CRAIG JILK BOARD MEMBER 4.00 X 0 0 0 JANET GABLE BOARD MEMBER 5.00 X 0 0 0 OTTO IMMEL BOARD MEMBER 5.00 X 0 0 0 MARY BETH JOHNS BOARD MEMBER 3.00 X 0 0 0 MARSHA MURPHY BOARD MEMBER 4.00 X 0 0 0 VAL TROTMAN BOARD MEMBER, PAST CHAIR 8.00 X 0 0 0 MICHAEL WATKINS BOARD MEMBER 2.00 X 0 0 0 GARY ROOT BOARD MEMBER 4.00 X 0 0 0 MAUREEN O'GORMAN BOARD MEMBER 3.00 X 0 0 0 JINNY JOHNSON SECRETARY 5.00 X X 0 0 0 PRISCILLA WASHBURN PAST SECRETARY 3.00 X 0 0 0 RUSTY TROTH TREASURER 5.00 X X 0 0 0 FRANNY KAIN EXECUTIVE DIRECTOR 40.00 X 115942 0 5677 115942 0 5677 1 0 0 0 0 90000 292130 379922 544958 82519 1307010 CHILD CARE FEES 624410 190896 190896 190896 833 833 117644 292130 139881 -22237 -22237 T-SHIRT SALES 900099 3584 3584 3584 1480086 190896 0 -17820 124335 111901 8704 3730 640341 576308 44823 19210 85414 76871 5980 2563 102081 91873 7146 3062 25801 19352 6449 17576 14149 2887 540 98030 88558 9363 109 3195 2396 799 104011 78008 26003 22760 19346 3414 PROGRAM SUPPLIES 96971 96971 FUNDRAISING EXPENSES 14818 14818 1335333 1175733 115568 44032 105261 87932 406838 387589 27854 25008 569 0 33020 17570 2450042 529510 1974872 1920532 1372056 1747198 3920470 4185829 48592 56801 48592 56801 X 3377877 3640259 494001 488769 3871878 4129028 3920470 4185829 144753 112397 0 X 0 1 X 1 0 X 870018 936252 1088531 1248904 1307010 5450715 870018 936252 1088531 1248904 1307010 5450715 19038 5431677 7038 3344 1830 2546 833 15591 36004 193846 130875 134954 117644 613323 6079629 1045970 0.89340 0.99100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM EVENTS - 2009 AMOUNT: $ 36,004. 2010 AMOUNT: $ 193,846. 2011 AMOUNT: $ 130,875. 2012 AMOUNT: $ 134,954. 2013 AMOUNT: $ 117,644. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 878055 268000 117468 0 -5094 1258429 601616 250000 46439 -20000 878055 426314 190000 -14698 601616 220000 180000 26314 426314 220000 220000 1.00000 1 0 2038808 291341 1747467 411234 238169 173065 1920532 CAPITAL LAND LEASE 488769 BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS 1258429 1747198 X 1592483 112397 112397 1480086 0 1480086 1335333 0 1335333 0 1335333 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 IS BEING 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. THE ACADEMY'S TAX RETURNS FROM THE TAX YEARS ENDED JUNE 30, 2011 THROUGH JUNE 30, 2013 ARE OPEN TO EXAMINATION BY THE IRS. NAPLES BEACH CLUB SPECIAL EVENT 409774 292130 117644 79444 46808 13629 409774 292130 117644 79444 46808 13629 139881 -22237 X 1 3075 SALES PRICE X AUCTION ITEMS 101 75944 DONOR DETERMINATION X RAFFLE PRIZE 1 3500 DONOR DETERMINATION 0 0 0 1 PART I, LINE 32B: THE ACADEMY USES A THIRD PARTY BROKERAGE COMPANY TO RECEIVE GIFTS OF PUBLICLY TRADED SECURITIES. THE COMPANY IMMEDIATELY LIQUIDATES THE STOCK UPON RECEIPT. 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 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 THE BOARD MEMBERS COMPLETE THE DIRECTOR AND OFFICER ANNUAL CONFLICT OF INTEREST STATEMENT. IF ANY CHANGES ARISE DURING THE YEAR THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST WILL BE DISCLOSED TO THE BOARD. THE PROCEDURES STATED IN THE POLICY WILL BE FOLLOWED AND THE APPROPRIATE ACTION TO RESOLVE THE SITUATION WILL RESOLVE ACTUAL OR POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW AND BENCHMARKING TO COMPARABLE ORGANIZATIONS ARE PERFORMED. THE EXECUTIVE DIRECTOR SETS GOALS THAT ARE TO BE ACHIEVED DURING THE YEAR. A COMMITTEE REVIEWS THE PERFORMANCE AGAINST THE GOALS. THE INCREASES ARE APPROVED BY THE EXECUTIVE DIRECTOR EVALUATION COMMITTEE. THE REVIEW WAS LAST PERFORMED IN 2014. 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.