2013-10-31T07:21:03-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 4099 TAMIAMI TRAIL N STE 300 NAPLES FL 34103 990 2012-07-01 591039978 FUN TIME EARLY CHILDHOOD ACADEMY INC FUNT 2392618284 102 12TH ST N NAPLES FL 34102 VALERIE TROTMAN 2392618284 2013-10-29 1 AMELIA COOPER CPA P00437898 2392628686 2013-10-23 2012 2016-02-25 16:41:14Z VALERIE TROTMAN 102 12TH ST N NAPLES FL 34102 1590143 0 X WWW.FUNTIMEACADEMY.ORG X 1962 FL TO PROVIDE EDUCATION & CARE FOR THE CHILDREN OF LOW-INCOME WORKING FAMILIES. 17 17 24 86 0 0 1088531 1248904 230664 201251 1830 2546 -20891 -19948 1300134 1432753 0 0 0 0 917104 897524 0 0 41453 332657 340649 1249761 1238173 50373 194580 3688553 3920470 57695 48592 3630858 3871878 X 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!. 0 0 1090983 201251 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. 1090983 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 24 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 FL X X CRAIG HARRINGTON 2392618284 102 12TH STREET N NAPLES FL 34102 CONNIE MESSNER 4.00 X 0 0 0 SUSAN MANION 4.00 X 0 0 0 JAMES DERHAM 5.00 X X 0 0 0 MARY FREY 3.00 X 0 0 0 BOB POLIZZOTTO 2.00 X 0 0 0 CRAIG JILK 2.00 X 0 0 0 JANET GABLE 4.00 X 0 0 0 OTTO IMMEL 5.00 X 0 0 0 MARY BETH JOHNS 3.00 X 0 0 0 KATHY LEAVESLEY 2.00 X 0 0 0 MARSHA MURPHY 2.00 X 0 0 0 VAL TROTMAN 10.00 X X 0 0 0 PEGGY LAVIGNE 1.00 X 0 0 0 MICHAEL WATKINS 2.00 X 0 0 0 SKIP ZINK 3.00 X 0 0 0 GARY ROOT 3.00 X 0 0 0 MAUREEN O'GORMAN 2.00 X 0 0 0 JINNY JOHNSON 4.00 X 0 0 0 PRISCILLA WASHBURN 4.00 X X 0 0 0 RUSTY TROTH 4.00 X 0 0 0 FRANNY KAIN 40.00 X 106468 0 7052 106468 0 7052 1 0 0 0 0 278108 376650 594146 99708 1248904 CHILD CARE FEES 624410 201251 201251 201251 2546 2546 134954 278108 157390 -22436 -22436 T-SHIRT SALES 900099 2488 2488 2488 1432753 201251 0 -17402 117915 106124 8254 3537 609995 548995 42700 18300 74883 67394 5242 2247 94731 85258 6631 2842 9999 7499 2500 19443 15689 3279 475 81638 73791 7743 104 3263 2447 816 99714 74786 24928 24292 20648 3644 PROGRAM SUPPLIES 88352 88352 FUNDRAISING EXPENSES 13948 13948 1238173 1090983 105737 41453 68181 105261 421733 406838 16907 27854 728 569 27894 33020 2400371 425499 2052267 1974872 1100843 1372056 3688553 3920470 57695 48592 57695 48592 X 3131631 3377877 499227 494001 3630858 3871878 3688553 3920470 194580 46440 0 X 0 1 X 1 0 X 1280668 870018 936252 1088531 1248904 5424373 1280668 870018 936252 1088531 1248904 5424373 5424373 20493 7038 3344 1830 2546 35251 2154 2475 2894 4068 2488 14079 5473703 1235654 0.99100 0.97540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE FROM T-SHIRT SALES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 601616 250000 46439 -20000 878055 426314 190000 -14698 601616 220000 180000 26314 426314 220000 220000 1.00000 1 0 2032149 237531 1794618 368222 187968 180254 1974872 CAPITAL LAND LEASE 494001 BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS 878055 1372056 X 1479193 46440 46440 1432753 0 1432753 1238173 0 1238173 0 1238173 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2010 THROUGH JUNE 30, 2012 ARE OPEN TO EXAMINATION BY THE IRS. NAPLES BEACH CLUB SPECIAL EVENT 413062 278108 134954 94529 44761 18100 413062 278108 134954 94529 44761 18100 157390 -22436 X AUCTION ITEMS AND VACATION PACKAGES 95 94529 FMV X EVENT SUPPLIES 5 5179 FMV 0 0 0 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION IS DEVELOPING A GIFT ACCEPTANCE POLICY FOR ANY NON-STANDARD CONTRIBUTIONS. 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 BE BOARD AND ANY QUESTIONS ARE ANSWERED. THE BOARD APPROVES THE 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12 A DECLARATION IS SIGNED BY THE BOARD MEMBERS ANNUALLY. A REGULAR AND CONSISTENT MONITORING POLICY IS IN THE PROCESS OF BEING DEVELOPED AND IMPLEMENTED. 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 2013. 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.