CHAIR

2011-12-12T07:44:53-06:00 2011-06-30 LARSONALLEN LLP 4099 TAMIAMI TRAIL N STE 300 NAPLES FL 34103 990 2010-07-01 591039978 FUN TIME EARLY CHILDHOOD ACADEMY INC FUNT 2392618284 102 12TH ST N NAPLES FL 34102 VALERIE TROTMAN CHAIR 2392618284 2011-12-06 1 AMELIA COOPER CPA 2392628686 2011-12-06 2010 2016-02-24 21:20:13Z VALERIE TROTMAN 102 12TH ST N NAPLES FL 34102 1365749 0 X WWW.FUNTIMEACADEMY.ORG X 1962 FL TO PROVIDE SAFE, AFFORDABLE, QUALITY CHILDCARE AND EARLY EDUCATION FOR THE CHILDREN OF WORKING FAMILIES AND TO PREPARE THE CHILDREN FOR KINDERGARTEN. 19 19 31 55 0 0 870018 936252 178237 229413 7038 3344 2475 133057 1057768 1302066 0 0 0 0 755506 819343 0 0 44218 294039 322876 1049545 1142219 8223 159847 3462488 3616481 53466 21298 3409022 3595183 TO PROVIDE SAFE AND AFFORDABLE DAY CARE AND TO PROMOTE AN EARLY LEARNING EXPERIENCE TO PREPARE CHILDREN FOR THEIR ENTRANCE INTO THE SCHOOL SYSTEM. 0 0 974375 232307 CHILD CARE SERVICES PROVIDED TO APPROXIMATELY 84 LOW INCOME FAMILIES IN COLLIER COUNTY. 974375 1 1 0 0 0 0 0 0 0 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 0 1 3 0 31 1 0 0 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X X CRAIG HARRINGTON 2392618284 102 12TH STREET N NAPLES FL 34102 PETER MANION PAST CHAIR 5.00 X 0 0 0 SUSAN MANION PAST CHAIR 20.00 X 0 0 0 JAMES DERHAM TREASURER 5.00 X X 0 0 0 MARY FREY SECRETARY 4.00 X X 0 0 0 WILLIE ANTHONY DIRECTOR 4.00 X 0 0 0 SUSIE BAKER DIRECTOR 4.00 X 0 0 0 JANET GABLE DIRECTOR 4.00 X 0 0 0 DOTTIE GERRITY DIRECTOR 4.00 X 0 0 0 OTTO IMMEL DIRECTOR 4.00 X 0 0 0 MARY BETH JOHNS DIRECTOR 4.00 X 0 0 0 KATHY LEAVESLEY DIRECTOR 4.00 X 0 0 0 DICK MUNRO DIRECTOR 4.00 X 0 0 0 MARSHA MURPHY DIRECTOR 4.00 X 0 0 0 DELORES STOREY DIRECTOR 4.00 X 0 0 0 VAL TROTMAN CHAIR 20.00 X X 0 0 0 DICK WASHBURN DIRECTOR 4.00 X 0 0 0 MICHAEL WATKINS DIRECTOR 4.00 X 0 0 0 SKIP ZINK DIRECTOR 5.00 X 0 0 0 MAUREEN O'GORMAN DIRECTOR 4.00 X 0 0 0 JINNY JOHNSON DIRECTOR 4.00 X 0 0 0 PRISCILLA WASHBURN DIRECTOR 4.00 X 0 0 0 FRANNY KAIN EXECUTIVE DIRECTOR 40.00 X 98741 0 0 98741 0 0 0 0 0 0 0 85430 351383 499439 40405 936252 PARENT FEES 624410 229413 229413 229413 3344 3344 193846 85430 63683 130163 130163 T-SHIRT SALES 900099 2894 2894 2894 1302066 232307 0 133507 103996 93596 7280 3120 561298 505169 39290 16839 69084 63557 4145 1382 84965 76469 5947 2549 10134 5270 4864 13016 7414 2708 2894 24957 22775 2077 105 93916 46958 46958 30335 25785 4550 SUPPLIES 80219 80219 REPAIRS AND MAINTENANCE 49570 44613 4957 FUNDRAISING EXPENSES 17329 17329 CONTINUING EDUCATION 3400 2550 850 1142219 974375 123626 44218 53401 28546 201980 223102 30802 24639 3425 501 30639 29811 2363575 234155 2205628 2129420 206934 249695 729679 930767 3462488 3616481 53466 21298 53466 21298 X 2873093 3090730 535929 504453 3409022 3595183 3462488 3616481 X 159847 26314 X X 0 1 1 X 0 X 1251108 1949661 1280668 870018 936252 6287707 78156 100684 225131 214241 229413 847625 130163 130163 1329264 2050345 1505799 1084259 1295828 7265495 566549 566549 0 566549 566549 6698946 2850 39730 20493 7038 3344 73455 2850 39730 20493 7038 3344 73455 1093 2578 2154 2475 2894 11194 1333207 2092653 1528446 1093772 1302066 7350144 0.91140 0.89020 0.01000 0.01030 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2026851 129615 1897236 336724 104540 232184 2129420 CAPITAL LAND LEASE 504453 BENEFICIAL INTERESTS IN ASSETS HELD BY OTHERS 426314 930767 1302066 1142219 159847 26314 26314 186161 1392063 26314 63683 89997 1302066 0 1302066 1205902 63683 63683 1142219 0 1142219 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2007 THROUGH JUNE 30, 2011 ARE OPEN TO EXAMINATION BY THE IRS. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 63,683. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 63,683. 50 MORE YEARS BIRTHDAY PARTY 279276 85430 193846 37861 25822 279276 85430 193846 37861 25822 63683 130163 X VARIOUS GETAWAYS 6 40405 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 PETER AND SUSAN MANION HAVE A FAMILY RELATIONSHIP AND WERE BOTH PAST CHAIRS. DICK AND PRICIILA WASHBURN HAVE A FAMILY RELATIONSHIP AND ARE BOTH DIRECTORS ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE RETURN IS GIVEN TO THE BOARD FOR THEIR REVIEW AT THE MEETING PRIOR TO FILING. COMMENTS ON THE RETURN ARE PROVIDED TO THE FINANCE COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A DECLARATION IS SIGNED BY THE BOARD MEMBERS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW AND BENCHMARKING OF COMPARABLE ORGANIZATIONS. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 26,314. FORM 990, PART XII, LINE 2C: THE PROCESS FOR APPROVING AUDITED FINANCIAL STATEMENTS OR SELECTING INDEPENDENT ACCOUNTANTS HAS NOT CHANGED FROM THE PRIOR YEAR.