Baby University
- Assets
- $443.8k
- Revenue
- $855.4k
- Investments
- $0.0
- Employees
- 40
- Location
- Toledo, OH
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-4336051
Organization Overview
Baby University is located in Toledo, OH. The organization was established in 2015. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Baby University employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baby University 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 12/2022, Baby University generated $855.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $704.1k during the year ending 12/2022. While expenses have increased by 24.5% per year over the past 5 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 EQUIP PARENTS FOR THE VITAL ROLE THEY PLAY IN THEIR CHILD'S DEVELOPMENT AND EDUCATION, EMPOWERING THEIR JOURNEY TO SELF-SUFFICIENCY FROM CRADLE TO PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BABY UNIVERSITY'S PRIMARY OBJECTIVE IS TO EDUCATE LOW INCOME PARENTS ON BEST PARENTING PRACTICES. THE BABY U CLASS USES THE EVIDENCE BASED NURTURING PARENT CURRICULUM TO EDUCATE LOW INCOME PARENTS IN PARENTING BEST PRACTICES WHILE CONNECTING THEM TO MUCH NEEDED COMMUNITY RESOURCES. THE GRADUATE CLASS OFFERS BABY U GRADUATES THE OPPORTUNITY TO RETURN FOR FURTHER EDUCATION IN FINANCIAL LITERACY, PARENTING SKILL AND BUILDING RESOURCES TO GET OUT OF POVERTY. THEY INCREASE THEIR PARENTING SKILLS BY 40% IN PRE AND POST TESTING.
BABY UNIVERSITY INCREASES FAMILY LITERACY VIA READING WORKSHOPS AND PROVIDING BOOKS FOR HOME LIBRARY. 90% OF PARTICIPANTS REPORT NEVER READING TO THEIR CHILDREN PRIOR TO ATTENDING, AND AFTER ATTENDING 89% ARE READING TO THEIR CHILDREN MORE THAN 6 TIMES PER WEEK.
BABY UNIVERSITY CONNECTS FAMILIES TO IMPORTANT AND NECESSARY SOCIAL SERVICES. 100% OF BABY U GRADUATES HAVE BEEN CONNECTED TO SOME KIND OF SOCIAL SERVICE WITH AT LEAST 3 ONE ON ONE HOME VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Allesee Director | Trustee | 2 | $0 |
Frank Echelmyer Board President | OfficerTrustee | 2 | $0 |
Mary Ann Rody Secretary | OfficerTrustee | 2 | $0 |
Mary Siefke Treasurer | OfficerTrustee | 2 | $0 |
Belinda Costin Vice President | OfficerTrustee | 2 | $0 |
Stacey Hudak Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $107,358 |
| All other contributions, gifts, grants, and similar amounts not included above | $738,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $845,796 |
| Total Program Service Revenue | $0 |
| Investment income | $6,279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,326 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $855,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,000 |
| 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. | $70,000 |
| Compensation of current officers, directors, key employees. | $10,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $391,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,126 |
| Payroll taxes | $40,115 |
| Fees for services: Management | $4,751 |
| Fees for services: Legal | $3,340 |
| Fees for services: Accounting | $1,029 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,723 |
| Office expenses | $30,513 |
| Information technology | $17,148 |
| Royalties | $0 |
| Occupancy | $14,883 |
| Travel | $2,569 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $441 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,071 |
| Insurance | $2,650 |
| All other expenses | $16,523 |
| Total functional expenses | $704,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,200 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $127,137 |
| 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 | $8,095 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $191,408 |
| Total assets | $443,840 |
| Accounts payable and accrued expenses | $6,393 |
| 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 | $5,884 |
| Total liabilities | $12,277 |
| Net assets without donor restrictions | $431,563 |
| 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 | $443,840 |
Grants Awarded
Over the last fiscal year, Baby University has awarded $132,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN AVENUE BAPTIST CHURCH DBA MOSAIC MINISTRIES PURPOSE: BUILDING IMPROVEMENTS | $96,000 |
MOSAIC FAMILY ZONE PURPOSE: GENERAL SUPPORT | $36,000 |