Webster City Day Care Center
- Assets
- $959.7k
- Revenue
- $476.5k
- Investments
- $0.0
- Employees
- 66
- Location
- Webster City, IA
- Founding
- 11/1973
- Data as of
- 05/2020
- EIN
- 42-0983663
Organization Overview
Webster City Day Care Center is located in Webster City, IA. The organization was established in 1973. 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 05/2020, Webster City Day Care Center employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Webster City Day Care Center 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 05/2020, Webster City Day Care Center generated $476.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $459.5k during the year ending 05/2020. While expenses have increased by 3.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CHILD DAY CARE CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION IS A CHILD DAY CARE CENTER THAT IS OPEN5 DAYS A WEEK FROM 6:00 A.M. TO 6:00 P.M. FOR THEBENEFIT OF THE CHILDRENS PARENTS SO THAT THEY MAYBE EMPLOYED AND HAVE A SAFE AND QUALIFIED CENTER TOTAKE THEIR CHILDREN TO WHILE THEY WORK
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Hines Director | OfficerTrustee | 40 | $41,146 |
Angela Olerich-Lala President | OfficerTrustee | 2 | $0 |
Brian Miller Board Member | Trustee | 1 | $0 |
Matt Mckinney Board Member | Trustee | 1 | $0 |
Bob Schulz Board Member | Trustee | 1 | $0 |
Holly Weisberg-Louk Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,243 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,504 |
| Statement of Expenses | |
|---|---|
| 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. | $41,146 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $307,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $147 |
| 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 | $2,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,371 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,555 |
| All other expenses | $0 |
| Total functional expenses | $459,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,946 |
| Savings and temporary cash investments | $703 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $959,659 |
| Accounts payable and accrued expenses | $3,637 |
| 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 | $471,870 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $475,507 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $484,152 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Webster City Day Care Center has recieved totaling $62,463.
| Awarding Organization | Amount |
|---|---|
Building Families Clarion, IA PURPOSE: Quality improvement and retention | $62,463 |
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 |
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Child Care Resource And Referral Inc Rochester, MN | $8,853,289 | $18,520,404 |
Day Care Resources Inc Tremont, IL | $2,117,943 | $17,941,943 |
Centers For New Horizons Inc Chicago, IL | $7,305,979 | $16,275,139 |
Sal Family And Community Services Moline, IL | $8,918,922 | $19,104,520 |
Carole Robertson Center For Learning Chicago, IL | $14,277,174 | $18,327,901 |
Children And Families Of Iowa Des Moines, IA | $18,712,609 | $16,514,094 |
Operation Breakthrough Inc Kansas City, MO | $30,816,270 | $15,851,429 |
Henry Booth House Chicago, IL | $2,336,796 | $13,372,384 |
Mary Crane League Chicago, IL | $2,658,190 | $10,239,399 |