Kids Academy
- Assets
- $350.2k
- Revenue
- $182.2k
- Investments
- $0.0
- Employees
- 18
- Location
- Berthold, ND
- Founding
- 03/2011
- Data as of
- 02/2022
- EIN
- 27-2204376
Organization Overview
Kids Academy is located in Berthold, ND. The organization was established in 2011. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 02/2022, Kids Academy employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kids Academy 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 02/2022, Kids Academy generated $182.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $216.1k during the year ending 02/2022. While expenses have increased by 27.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE A SAFE ENVIRONMENT FOR THE AREA YOUTH TO MEET THEIR CARE AND NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A FACILITY FOR A DAYCARE BUSINESS SO QUALITY CHILD CARE AND YOUTH ACTIVITIES CAN BE PROVIDED FOR THE YOUTH OF BERTHOLD ND AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kylene Hornberger Secretary | Officer | 2 | $0 |
Seth Gravesen Treasurer | Officer | 2 | $0 |
Brandon Schieve Vice President | Officer | 2 | $0 |
Marcie Johnson President | Officer | 2 | $0 |
Andrew Fjeldahl Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,819 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,825 |
| Total Program Service Revenue | $146,509 |
| Investment income | $131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,727 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,192 |
| 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 | $152,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $250 |
| Office expenses | $1,664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,551 |
| Travel | $834 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,067 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,017 |
| Insurance | $4,262 |
| All other expenses | $0 |
| Total functional expenses | $216,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,308 |
| Savings and temporary cash investments | $37,008 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $302,842 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $350,158 |
| Accounts payable and accrued expenses | $205 |
| 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 | $42,109 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,627 |
| Total liabilities | $46,941 |
| Net assets without donor restrictions | $303,217 |
| Net assets with donor restrictions | $0 |
| 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 | $350,158 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kids Academy has recieved totaling $117.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Think Small Saint Paul, MN | $8,024,590 | $30,547,585 |
Providers Choice Inc Minneapolis, MN | $4,205,480 | $24,736,652 |
Child Care Resource And Referral Inc Rochester, MN | $8,853,289 | $18,520,404 |
Apple Tree Childrens Center Inc Sioux Falls, SD | $1,444,278 | $5,832,493 |
Child Care Resources Inc Missoula, MT | $1,667,296 | $4,585,149 |
Nurturing Center Inc Kalispell, MT | $601,969 | $3,236,096 |
Greater Butte Community Co-Ordinated Child Child Care Serv Butte, MT | $549,187 | $2,561,325 |
Kids Korner Educare Centers Inc Owatonna, MN | $1,912,986 | $2,357,005 |
Seed Daycare Minneapolis, MN | $5,758,708 | $1,975,520 |
Bloom Early Learning Plymouth, MN | $1,049,278 | $2,343,681 |
Babys Space - A Place To Grow Minneapolis, MN | $1,009,308 | $2,534,695 |
Love To Grow On Lino Lakes, MN | $5,214,624 | $1,904,428 |