P5 Strategies is located in St Charles, IL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. P5 Strategies is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
P5 STRATEGIES IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF FOSTERING HIGH QUALITY, AFFORDABLE EARLY CHILDHOOD CARE AND EDUCATIONAL EXPERIENCES AND SUPPORT TO FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS OF P5 STRATEGIES SEEK TO PROVIDE A PRENATAL TO FIVE SYSTEM IN ORDER TO MEET THE NEEDS OF EVERY CHILD AND FAMILY AND WHICH IS SUPPORTED BY SUFFICIENT AND STABLE FUNDING STREAMS THAT PROVIDE MAXIMUM FLEXIBILITY FOR FAMILIES, EFFICIENT ADMINISTRATION AND INFRASTRUCTURE, AND MINIMUM BURDEN FOR PROGRAM PROVIDERS.THE ORGANIZATION SUPPORTED STATES AND COMMUNITIES THROUGH THE DEVELOPMENT OF MODELS FOR CHILD CARE, PREK, HOME VISITING AND PARENT EDUCATION, AND SYSTEM SUPPORTS. THE PROGRAMS ALSO ASSISTED STATES BY CONDUCTING COST STUDIES AND DEVELOP COST ESTIMATION MODELS THAT INFORM SUBSIDY RATE SETTING IN LINE WITH FEDERAL REQUIREMENTS. STATES AND COMMUNITIES WERE ALSO HELPED TO ACHIEVE A COMPREHENSIVE PRENATAL TO FIVE SYSTEM BY CONDUCTING COMPREHENSIVE ANALYSIS COMBINING FISCAL, GOVERNANCE, AND EQUITY ANALYSES, IN ORDER TO INFORM RECOMMENDATIONS FOR MAKING PROGRESS TOWARDS THE VISION FOR THE SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeanna Capito Pres/treas | OfficerTrustee | 40 | $231,900 |
Simon Workman Chairman | OfficerTrustee | 40 | $184,000 |
Jessica Duggan Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,150,300 |
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 | $1,150,300 |
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. | $415,900 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $37,606 |
Advertising and promotion | $0 |
Office expenses | $6,095 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $6,289 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $476,585 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $483,100 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $250,000 |
Accounts receivable, net | $29,800 |
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 | $762,900 |
Accounts payable and accrued expenses | $89,185 |
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 | $0 |
Total liabilities | $89,185 |
Net assets without donor restrictions | $121,569 |
Net assets with donor restrictions | $552,146 |
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 | $673,715 |