Heavenly Kids Inc
- Assets
- $68.4k
- Revenue
- $386.3k
- Investments
- $0.0
- Employees
- 18
- Location
- Ponce, PR
- Founding
- 08/2008
- Data as of
- 06/2022
- EIN
- 66-0618401
Organization Overview
Heavenly Kids Inc is located in Ponce, PR. The organization was established in 2008. 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 06/2022, Heavenly Kids Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heavenly Kids 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, Heavenly Kids Inc generated $386.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $380.4k during the year ending 06/2022. While expenses have increased by 6.8% 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
DAY CHILD CARE FOR INFANTS AND PRESCHOOL CHILDREN AND FOR LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNDS ARE FOR THE OPERATING PROGRAM SERVICE EXPENSES:SALARIES,FRINGE BENEFITS,MATERIALS,RENT,FOOD,INSURANCE,PROFESSIONAL SERVICE,ETC FOR THE DAY CARE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yamaris Quiridongo Secretary | Officer | 15 | $0 |
Maria Velez President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $386,317 |
| 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 | $386,317 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $262,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $33,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $726 |
| Office expenses | $5,593 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,800 |
| Travel | $75 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $675 |
| Interest | $596 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,525 |
| All other expenses | $0 |
| Total functional expenses | $380,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,684 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,316 |
| 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 | $425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $68,425 |
| Accounts payable and accrued expenses | $13,608 |
| 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 | $36,000 |
| Other liabilities | $0 |
| Total liabilities | $49,608 |
| 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 | $18,817 |
| Total liabilities and net assets/fund balances | $68,425 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Angel De La Guarda Inc San Sebastian, PR | $135,003 | $749,855 |
Centro De Cuidado Diurno Habacuc Anasco, PR | $711,085 | $844,743 |
Central De Desarrollo Educativo Deportivo Inc Moca, PR | $684,496 | $845,953 |
Childrens Zone Inc Bayamon, PR | $130,400 | $440,309 |
Castillo De Angeles Inc Canovanas, PR | $78,279 | $436,433 |
Heavenly Kids Inc Ponce, PR | $68,425 | $386,317 |
Titi Millie Day Care Inc Guanica, PR | $92,810 | $318,661 |
Centro De Cuidado Diurno Mundo Infantl Inc Mayaguez, PR | $45,469 | $263,897 |
Regalos De Amor Inc Hormigueros, PR | $64,985 | $282,195 |
Academia El Principito Inc Hormigueros, PR | $43,134 | $258,700 |
Centro De Cuidado Diurno Sueno Infantil Inc San Lorenzo, PR | $182,304 | $270,675 |
Tesoritos Daycare & Learning Center Inc Ponce, PR | $402,705 | $206,769 |