Shades Of Development
- Assets
- $1.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 92
- Location
- Knoxville, TN
- Founding
- 01/1997
- Data as of
- 07/2023
- EIN
- 62-1614669
Organization Overview
Shades Of Development is located in Knoxville, TN. The organization was established in 1997. 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 07/2023, Shades Of Development employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shades Of Development 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 07/2023, Shades Of Development generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.9m during the year ending 07/2023. While expenses have increased by 7.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A LEARNING ENVIRONMENT FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL CARE FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sindy D Schade President/ Executive Direc | OfficerTrustee | 40 | $88,365 |
Roger Kiger Chairman Of The Board | Officer | 1 | $0 |
Jan Kiger Vice Chair | Officer | 1 | $0 |
Peggy Hoskins Director | Officer | 1 | $0 |
Allison Bray Secretary | Officer | 1 | $0 |
Tyler Morrow Chair Elect | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,199,976 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,215,499 |
| Total Program Service Revenue | $1,033,152 |
| Investment income | $16,820 |
| 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 | $2,287,482 |
| 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. | $88,365 |
| Compensation of current officers, directors, key employees. | $14,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,307,955 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $205,753 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,364 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $11,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,420 |
| Advertising and promotion | $9,617 |
| Office expenses | $21,886 |
| Information technology | $2,519 |
| Royalties | $0 |
| Occupancy | $72,473 |
| Travel | $5,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,072 |
| Interest | $281 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,918 |
| Insurance | $11,225 |
| All other expenses | $0 |
| Total functional expenses | $1,906,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,688,685 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $50,162 |
| Accounts receivable, net | $7,532 |
| 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 | $5,914 |
| Net Land, buildings, and equipment | $5,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,758,281 |
| Accounts payable and accrued expenses | $124,028 |
| Grants payable | $0 |
| Deferred revenue | $4,732 |
| 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 | $3,589 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $90,243 |
| Total liabilities | $222,592 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,758,281 |