Form 990 for tax year 2023
Filed by PEAKS ISLAND CHILDRENS WORKSHOP.
Totals
- Total revenue
- $422,150
- Total expenses
- $288,842
- Contributions and grants received
- $233,438
- Grants paid
- $0
- Program service revenue
- $169,995
- Investment income
- $18,717
- Other revenue
- $0
- Total assets, end of year
- $524,566
- Total liabilities, end of year
- $90,199
- Net assets or fund balances, end of year
- $434,367
- Program services expenses (Part IX)
- $228,157
- Management and general expenses
- $57,838
- Fundraising expenses
- $2,847
- Program service expenses (Part III)
- $228,157
Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$3,713
-
1c · Fundraising events
$17,129
-
1e · Government grants (contributions)
$70,716
-
1f · All other contributions, gifts and grants
$141,880
-
2a · Program service revenue: Fees
total $169,995 · unrelated business $0 · excluded $0
-
3 · Investment income
total $18,717 · unrelated business $0 · excluded $18,717
-
8a · Fundraising events: contributions included on line 1c
$17,129
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $188,666 · program services $160,366 · management and general $28,300 · fundraising $0
-
9 · Other employee benefits
total $629 · program services $365 · management and general $233 · fundraising $31
-
10 · Payroll taxes
total $15,678 · program services $13,326 · management and general $2,352 · fundraising $0
-
11b · Fees: legal
total $10,607 · program services $0 · management and general $10,607 · fundraising $0
-
11c · Fees: accounting
total $825 · program services $0 · management and general $825 · fundraising $0
-
13 · Office expenses
total $22,081 · program services $12,807 · management and general $8,170 · fundraising $1,104
-
16 · Occupancy
total $16,637 · program services $15,140 · management and general $1,331 · fundraising $166
-
20 · Interest
total $2,348 · program services $0 · management and general $2,348 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $15,261 · program services $14,956 · management and general $305 · fundraising $0
-
23 · Insurance
total $8,355 · program services $4,846 · management and general $3,091 · fundraising $418
-
24a · Other expenses: Program Expenses
total $4,783 · program services $4,783 · management and general $0 · fundraising $0
-
24b · Other expenses: Fundraising Expense
total $1,128 · program services $0 · management and general $0 · fundraising $1,128
-
24c · Other expenses: Payroll Service Fees
total $1,844 · program services $1,568 · management and general $276 · fundraising $0
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $309,356 · end of year $300,995
-
4 · Accounts receivable
beginning of year $1,162 · end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $261
-
10a · Land, buildings and equipment: cost or other basis
$565,526
-
10b · Land, buildings and equipment: accumulated depreciation
$342,216
-
10c · Land, buildings and equipment, net
beginning of year $84,516 · end of year $223,310
-
17 · Accounts payable and accrued expenses
beginning of year $7,331 · end of year $5,707
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $86,644 · end of year $84,492
-
27 · Net assets without donor restrictions
beginning of year $301,059 · end of year $434,367
Mission and programs · 2023
Mission
To provide child care services for families to enable parents to work, attend school or job training.
-
Childcare enabling parents to seek & maintain employment and training; Maintain collaborative efforts w/ island and mainland family resources.
Expenses $228,157 · Revenue $169,995
As filed on the 2023 return.
Listed in Part VII
-
Heather Thompson
President
- Total calculated
- $0
- Hours/week
- 5
-
John Freeman
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Will Green
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Shea Berry-Brennan
Director
- Total calculated
- $0
- Hours/week
- 3
-
Betsy Cook
Director
- Total calculated
- $0
- Hours/week
- 3
-
Mandy Davis
Director
- Total calculated
- $0
- Hours/week
- 3
-
Sarah Goodman
Director
- Total calculated
- $0
- Hours/week
- 3
-
Julia Nord
Director
- Total calculated
- $0
- Hours/week
- 3
-
Judy Walsh
Director
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432119349300018
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