Kalamazoo County Ready 4s
- Assets
- $2.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 19
- Location
- Kalamazoo, MI
- Founding
- 07/2012
- Data as of
- 06/2022
- EIN
- 27-3342489
Organization Overview
Kalamazoo County Ready 4s is located in Kalamazoo, MI. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 06/2022, Kalamazoo County Ready 4s employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalamazoo County Ready 4s 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 06/2022, Kalamazoo County Ready 4s generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 7.3% 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
KC READY 4S PROVIDES SUPPORT TO LICENSED PRE-KINDERGARTEN PROVIDERS IN REACHING STANDARDS OF HIGH QUALITY UNDER MICHIGAN'S GREAT START TO QUALITY SYSTEM, AND TO ENCOURAGE AND SUPPORT THE IMPORTANCE OF HIGH-QUALITY PRE- KINDERGARTEN, OFFERS TUITION SUPPORT TO QUALIFYING FAMILIES BASED ON INCOME AND FAMILY SIZE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT HIGH-QUALITY LEARNING ENVIRONMENTS, KC READY 4S ACCOMPLISHED THE FOLLOWING DURING THE 2021-22 SCHOOL YEAR: PROVIDED TUITION ASSISTANCE FOR 4-YEAR-OLDS AND 3-YEAR-OLDS WHO WERE ENROLLED IN A PROGRAM THAT WAS RATED AT 4 OR 5 STARS UNDER MICHIGAN'S GREAT START TO QUALITY IMPROVEMENT SYSTEM; CONDUCTED CLASS OBSERVATIONS TO MEASURE AND SET GOALS RELATED TO HIGH-QUALITY INTERACTIONS BETWEEN THE TEACHER AND CHILDREN; PROVIDED OVER 3,000 HOURS OF TRAINING AND CLASSROOM SUPPORT; OFFERED PROFESSIONAL DEVELOPMENT SESSIONS; PROVIDED CHILDREN WITH SPEECH/LANGUAGE SUPPORT, BEHAVIOR & OCCUPATIONAL THERAPY SUPPORT; PROVIDED COMPREHENSIVE PARTNERS (26 SCHOOLS) WITH ACCESS TO AN EMPLOYEE ASSISTANCE PROGRAM; AND CONNECTED WITH FAMILY MEMBERS WHO ATTENDED ORIENTATION MEETINGS AND WORKSHOPS OR PARTICIPATED IN HOME VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristyn Buhl-Lepisto Executive Di | Officer | 40 | $92,208 |
Namita Sharma President | OfficerTrustee | 1 | $0 |
Regena Nelson Vice-Preside | OfficerTrustee | 1 | $0 |
Scott Maccallum Treasurer | OfficerTrustee | 1 | $0 |
Joanna Dales Secretary | OfficerTrustee | 1 | $0 |
Dallas Oberlee Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,577 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,230,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,243,250 |
| Total Program Service Revenue | $0 |
| Investment income | $2,726 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,173 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,299,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $685,785 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,208 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,451 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,343 |
| Payroll taxes | $43,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $17,490 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,227 |
| Office expenses | $4,894 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,493 |
| Travel | $1,658 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,157 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,871 |
| Insurance | $5,951 |
| All other expenses | $9,873 |
| Total functional expenses | $1,437,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,454 |
| Savings and temporary cash investments | $1,926,090 |
| Pledges and grants receivable | $632,436 |
| 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 | $12,000 |
| Net Land, buildings, and equipment | $11,966 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,689 |
| Total assets | $2,733,635 |
| Accounts payable and accrued expenses | $16,013 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,013 |
| Net assets without donor restrictions | $1,232,121 |
| Net assets with donor restrictions | $1,485,501 |
| 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 | $2,733,635 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Kalamazoo County Ready 4s has recieved totaling $1,514,750.
| Awarding Organization | Amount |
|---|---|
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: GENERAL SUPPORT FOR TWO-TIERED GENERATIONAL POVERTY INITIATIVE | $600,000 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: INFUSING DEI INTO EARLY CHILDHOOD LEARNING SECTOR | $380,000 |
Kalamazoo Community Foundation Kalamazoo, MI PURPOSE: HUMAN SERVICE-MULTIPURPOSE/OTHER | $298,000 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: INFUSING DEI INTO EARLY CHILDHOOD LEARNING SECTOR | $95,000 |
United Way Of South Central Michigan Kalamazoo, MI PURPOSE: KALAMAZOO COUNTY READY 4S | $50,670 |
Degroot Family Foundation Watervliet, MI PURPOSE: TUITION ASSISTANCE | $50,000 |
Endowment Analysis
| Beg. Balance | $684,663 |
| Earnings | -$67,036 |
| Admin Expense | $5,134 |
| Net Contributions | $5,755 |
| Ending Balance | $618,248 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rocket Giving Fund Detroit, MI | $2,590,205 | $13,264,068 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Asias Hope Columbus, OH | $3,429,786 | $3,149,980 |
The Michigan Womens Foundation Detroit, MI | $9,039,514 | $2,557,642 |
Voice Of Judah Israel Inc Fort Wayne, IN | $1,559,331 | $3,178,865 |
Ohio Living Foundation Westerville, OH | $93,570,662 | $6,381,940 |
American Warrior Initiative Inc Madison, WI | $3,298,583 | $1,806,705 |
Sealkids Inc Dublin, OH | $263,356 | $1,692,009 |
Kalamazoo County Ready 4s Kalamazoo, MI | $2,733,635 | $1,299,899 |
The World Orphan Fund Inc Randolph, WI | $777,063 | $1,129,281 |
Sunshine Place Inc Sun Prairie, WI | $2,711,848 | $1,376,571 |
Eagles For Children Incorporated Novi, MI | $20,849 | $982,056 |