Form 990 for tax year 2023
Filed by CHILDRENS ACADEMY FOR EDUCATION AND LEARNING INC.
Totals
- Total revenue
- $456,512
- Total expenses
- $561,026
- Contributions and grants received
- $217,614
- Grants paid
- $27,454
- Program service revenue
- $238,811
- Investment income
- $87
- Other revenue
- $0
- Total assets, end of year
- $865,963
- Total liabilities, end of year
- $188,320
- Net assets or fund balances, end of year
- $677,643
- Program services expenses (Part IX)
- $518,180
- Management and general expenses
- $42,846
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $518,180
Program services were 92.4% 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
$45,000
-
1e · Government grants (contributions)
$172,199
-
1f · All other contributions, gifts and grants
$415
-
2a · Program service revenue: PROGRAM FEES
total $238,811 · related or exempt $238,811
-
3 · Investment income
total $87 · excluded $87
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $27,454 · program services $27,454
-
7 · Other salaries and wages
total $339,811 · program services $339,811
-
9 · Other employee benefits
total $10,321 · program services $10,321
-
10 · Payroll taxes
total $25,909 · program services $25,909
-
11a · Fees: management
total $30,000 · program services $15,000 · management and general $15,000
-
11b · Fees: legal
total $13,540 · management and general $13,540
-
13 · Office expenses
total $23,293 · program services $21,488 · management and general $1,805
-
16 · Occupancy
total $23,389 · program services $19,861 · management and general $3,528
-
19 · Conferences, conventions and meetings
total $35 · program services $35
-
20 · Interest
total $2,128 · management and general $2,128
-
22 · Depreciation, depletion and amortization
total $20,301 · program services $18,677 · management and general $1,624
-
23 · Insurance
total $12,247 · program services $11,548 · management and general $699
-
24a · Other expenses: SUPPLIES
total $27,821 · program services $25,686 · management and general $2,135
-
24b · Other expenses: MISCELLANEOUS
total $2,390 · program services $2,390
-
24c · Other expenses: FOOD
total $2,387 · management and general $2,387
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $128,686 · end of year $61,546
-
2 · Savings and temporary cash investments
beginning of year $7,347 · end of year $56,661
-
3 · Pledges and grants receivable
beginning of year $20,829 · end of year $26,553
-
4 · Accounts receivable
beginning of year $5,021
-
9 · Prepaid expenses and deferred charges
beginning of year $1,632 · end of year $1,632
-
10a · Land, buildings and equipment: cost or other basis
$819,729
-
10b · Land, buildings and equipment: accumulated depreciation
$414,990
-
10c · Land, buildings and equipment, net
beginning of year $421,098 · end of year $404,739
-
11 · Investments: publicly traded securities
beginning of year $324,374 · end of year $314,342
-
15 · Other assets
beginning of year $490 · end of year $490
-
17 · Accounts payable and accrued expenses
beginning of year $20,769 · end of year $32,682
-
23 · Secured mortgages and notes payable
beginning of year $55,892 · end of year $39,142
-
25 · Other liabilities
beginning of year $89,941 · end of year $116,496
-
27 · Net assets without donor restrictions
beginning of year $742,875 · end of year $677,643
Mission and programs · 2023
Mission
PROVIDE CHILD CARE SERVICES TO LOW INCOME FAMILIES.
-
DAY CARE SERVICES WERE PROVIDED TO CHILDREN DURING NORMAL BUSINESS HOURS. THE CENTER PRIMARILY SERVICES INFANTS AND CHILDREN FIVE YEARS AND YOUNGER WHO COME FROM LOW INCOME AND SINGLE PARENT FAMILIES.
Expenses $518,180 · Grants $27,454 · Revenue $238,811
As filed on the 2023 return.
Listed in Part VII
-
Katie C HarbisonKATIE C HARBISON
CEO
- Total calculated
- $130,680
- From this org
- $0
- From related orgs
- $122,016
- Other
- $8,664
- Hours/week
- 0.5
-
Julie Moon OshieldsJULIE MOON OSHIELDS
DIRECTOR OF FINANCE
- Total calculated
- $67,905
- From this org
- $0
- From related orgs
- $63,006
- Other
- $4,899
- Hours/week
- 3
-
Madeline SwansonMADELINE SWANSON
CENTER DIRECTOR
- Total calculated
- $54,575
- From this org
- $0
- From related orgs
- $50,003
- Other
- $4,572
- Hours/week
- 40
-
Beverly McKeldinBEVERLY MCKELDIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Vanessa JacksonVANESSA JACKSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
David UlmerDAVID ULMER
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jina JohnsonJINA JOHNSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Brandalyn ShropshireBRANDALYN SHROPSHIRE
RECORDING SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Teddi MendelTEDDI MENDEL
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Veronica DunsonVERONICA DUNSON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Val SampleVAL SAMPLE
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Nathaniel PindardNATHANIEL PINDARD
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PROVIDE DAY CARE SERVICES AND OR SHELTER TO ABUSED CHILDREN · TN
-
501(C)(3) · PROVIDES DAY CARE SERVICES TO CHILDREN OF TEENAGE PARENTS · TN
-
NEWTON CHILD DEVELOPMENT CENTER
501(C)(3) · PROVIDES HIGH QUALITY CHILD CARE SERVICES · TN
-
501(C)(3) · PROVIDES CHILD CARE FOR WORKING PARENTS AND PARENTS GOING TO SCHOOL · TN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402419349300115
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