Baby Talk Inc
- Assets
- $9.5m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 95
- Location
- Decatur, IL
- Founding
- 12/1992
- Data as of
- 06/2022
- EIN
- 37-1291970
Organization Overview
Baby Talk Inc is located in Decatur, IL. The organization was established in 1992. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Baby Talk Inc employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baby Talk Inc 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, Baby Talk Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. While expenses have increased by 7.0% 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
TO POSITIVELY IMPACT CHILD DEVELOPMENT AND NURTURE HEALTHY PARENT-CHILD RELATIONSHIPS DURING THE CRITICAL EARLY YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE, DEVELOP, AND PROMOTE A PROGRAM OF PARENT EDUCATION IN DECATUR/MACON COUNTY AREA. PROMOTE MATERIALS DEVELOPED BY BABY TALK, INC TO SIMILAR ORGANIZATIONS THROUGHOUT THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Grayned Vice Preside | OfficerTrustee | 1 | $0 |
Michael Karunas President | OfficerTrustee | 1 | $0 |
Dan Mcguire Treasurer | OfficerTrustee | 1 | $0 |
Melissa Ridenour Secretary | OfficerTrustee | 1 | $0 |
Cindy Bardeleben Executive Di | Officer | 40 | $0 |
Kim Carlson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $42,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,150,467 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,906 |
| Noncash contributions included in lines 1a–1f | $91,757 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,406,373 |
| Total Program Service Revenue | $270,109 |
| Investment income | $6,431 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $31 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,842,446 |
| 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. | $85,949 |
| Compensation of current officers, directors, key employees. | $17,391 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,163,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $507,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $104,011 |
| Information technology | $36,171 |
| Royalties | $0 |
| Occupancy | $43,374 |
| Travel | $4,830 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $273,739 |
| Insurance | $44,465 |
| All other expenses | $177,540 |
| Total functional expenses | $5,045,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,960 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $575,993 |
| Accounts receivable, net | $100,159 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,044 |
| Prepaid expenses and deferred charges | $28,774 |
| Net Land, buildings, and equipment | $7,532,114 |
| Investments—publicly traded securities | $601,919 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,494,963 |
| Accounts payable and accrued expenses | $365,266 |
| Grants payable | $169,877 |
| Deferred revenue | $12,000 |
| 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 | $547,143 |
| Net assets without donor restrictions | $8,195,839 |
| Net assets with donor restrictions | $751,981 |
| 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 | $9,494,963 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Baby Talk Inc has recieved totaling $290,118.
| Awarding Organization | Amount |
|---|---|
Public Safety Properties Foundation Decatur, IL PURPOSE: COMMUNITY SUPPORT | $148,875 |
United Way Of Decatur And Mid Illinois Decatur, IL PURPOSE: PROGRAMS | $61,452 |
Community Foundation Of Macon County Decatur, IL PURPOSE: OPERATIONS | $44,500 |
John Ullrich Foundation Trust First Natl Bnk Of Decatur-Ttee Decatur, IL PURPOSE: GENERAL CHARITABLE | $15,000 |
Andreas Foundation Mankato, MN PURPOSE: GRANT IS FOR RECIPIENTS GENERAL FUND | $10,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: FAMILY LITERACY | $10,000 |
Endowment Analysis
| Beg. Balance | $1,308,039 |
| Earnings | -$135,932 |
| Ending Balance | $1,172,107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pierce-Pepin Cooperative Services Ellsworth, WI | $45,602,496 | $18,833,383 |
Employ Milwaukee Inc Milwaukee, WI | $5,350,025 | $18,087,018 |
Eastern Kentucky Concentrated Employment Program Inc Hazard, KY | $3,193,926 | $15,607,928 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Vacation Fund Of Engineers Local 513 Bridgeton, MO | $4,041,633 | $12,513,206 |
Ibew Local 701 Vacation Fund Warrenville, IL | $3,565,124 | $11,822,716 |
Wisconsin Operating Engineers Skill Improvement And Apprenticeship Fun Pewaukee, WI | $22,671,605 | $11,410,505 |
Apprentice And Journeymen Education And Training Trust Fund U/A 130 Chicago, IL | $39,945,456 | $7,959,512 |
Illinois Laborers & Contractors Training Trust Fund Mt Sterling, IL | $29,577,263 | $7,640,273 |
North Iowa Vocational Center Inc Mason City, IA | $4,774,604 | $7,439,671 |
Skills For Chicagolands Future Chicago, IL | $6,984,801 | $8,975,489 |
Northeast Indian Works Inc Fort Wayne, IN | $1,136,996 | $7,211,329 |