Form 990 for tax year 2023

Totals

Total revenue

$2,494,311

Total expenses

$2,337,775

Contributions and grants received

$1,324,316

Grants paid

$8,282

Program service revenue

$1,145,849

Investment income

$24,146

Other revenue

$0

Total assets, end of year

$2,334,925

Total liabilities, end of year

$1,129,435

Net assets or fund balances, end of year

$1,205,490

Program services expenses (Part IX)

$2,041,836

Management and general expenses

$151,069

Fundraising expenses

$144,870

Program service expenses (Part III)

$2,041,836

Program services were 87.3% 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.

Mission and programs · 2023

• AS WE CONCLUDE THE FISCAL YEAR ENDING JUNE 30, 2024, PC TOTS PROUDLY REFLECTS ON A SERIES OF SIGNIFICANT ACCOMPLISHMENTS THAT UNDERSCORE OUR DEDICATION TO PROVIDING HIGH QUALITY EARLY CHILDHOOD EDUCATION AND CARE TO THE CHILDREN AND FAMILIES WE SERVE. THIS YEAR HAS BEEN MARKED BY SUBSTANTIAL GROWTH, COMMUNITY ENGAGEMENT, AND ENHANCEMENTS IN OUR EDUCATIONAL OFFERINGS. HERE ARE SOME HIGHLIGHTS: 1.OPENING OF THE PARK CITY LIBRARY CENTER: A MAJOR MILESTONE FOR PC TOTS THIS YEAR WAS THE OPENING OF OUR NEW CENTER AT THE PARK CITY LIBRARY. THIS STRATEGIC LOCATION NOT ONLY BROADENS OUR PHYSICAL FOOTPRINT BUT ALSO PROVIDES A VALUABLE EDUCATIONAL RESOURCE WITHIN A KEY COMMUNITY HUB. THE CENTER IS DESIGNED TO OFFER A WELCOMING, RESOURCE-RICH ENVIRONMENT FOR YOUNG LEARNERS, INTEGRATING OUR DIGITAL AND TRADITIONAL EDUCATIONAL TOOLS. 2.INCREASED STUDENT ENROLLMENT: WE SUCCESSFULLY EXPANDED OUR CAPACITY TO SERVE AN ADDITIONAL 20 STUDENTS THIS YEAR. THIS INCREASE REFLECTS OUR GROWING REPUTATION AND THE HEIGHTENED DEMAND FOR OUR EARLY CHILDHOOD EDUCATION PROGRAMS. BY ACCOMMODATING MORE STUDENTS, WE ARE ABLE TO EXTEND OUR IMPACT AND SUPPORT A GREATER NUMBER OF FAMILIES IN OUR COMMUNITY. 3.EXPANSION OF OUR TEACHING TEAM: TO SUPPORT OUR GROWING STUDENT BASE AND MAINTAIN HIGH STANDARDS OF EDUCATION, PC TOTS HIRED ADDITIONAL QUALIFIED TEACHERS. THESE NEW TEAM MEMBERS BRING DIVERSE EXPERTISE AND ENTHUSIASM TO OUR CENTERS, ENHANCING THE LEARNING EXPERIENCES WE OFFER AND ENSURING THAT EACH CHILD RECEIVES PERSONALIZED ATTENTION AND SUPPORT. 4.INVESTMENT IN PROFESSIONAL DEVELOPMENT: RECOGNIZING THE CRITICAL ROLE THAT ONGOING PROFESSIONAL DEVELOPMENT PLAYS IN DELIVERING EXCEPTIONAL EDUCATION, WE MADE SIGNIFICANT INVESTMENTS IN TRAINING AND DEVELOPMENT FOR OUR STAFF. THIS INCLUDED AN OUT OF STATE CONFERENCE, 4 PROFESSIONAL DEVELOPMENT DAYS, AND CONTINUING EDUCATION PROGRAMS DESIGNED TO KEEP OUR EDUCATORS AT THE FOREFRONT OF EARLY CHILDHOOD EDUCATION PRACTICES AND TECHNOLOGY. 5.STRENGTHENED COMMUNITY PARTNERSHIPS: IN ADDITION TO OPENING OUR NEW CENTER, PC TOTS CONTINUED TO BUILD STRONG RELATIONSHIPS WITH LOCAL ORGANIZATIONS AND STAKEHOLDERS. THESE PARTNERSHIPS HAVE FACILITATED COLLABORATIVE PROGRAMS AND COMMUNITY EVENTS THAT ENHANCE OUR OUTREACH AND SUPPORT THE HOLISTIC DEVELOPMENT OF CHILDREN. 6.STRATEGIC HIRING: WE SUCCESSFULLY RECRUITED AND ONBOARDED A DEVELOPMENT AND MARKETING MANAGER. THIS ROLE HAS BEEN PIVOTAL IN ENHANCING OUR OUTREACH AND FUNDRAISING EFFORTS, AS WELL AS ELEVATING OUR BRAND PRESENCE IN THE COMMUNITY. THEIR EXPERTISE HAS ALREADY BEGUN TO YIELD POSITIVE RESULTS IN OUR VISIBILITY AND DONOR ENGAGEMENT. 7.FIVE-YEAR STRATEGIC PLAN: WE DEVELOPED AND IMPLEMENTED A COMPREHENSIVE FIVE-YEAR STRATEGIC PLAN. THIS PLAN OUTLINES OUR VISION, GOALS, AND ACTIONABLE STEPS TO ENSURE SUSTAINABLE GROWTH AND CONTINUED EXCELLENCE IN CHILDCARE SERVICES. IT INCLUDES STRATEGIC OBJECTIVES IN AREAS SUCH AS PROGRAM DEVELOPMENT, CONTINUED FINANCIAL STABILITY, COMMUNITY ENGAGEMENT, AND STAFF DEVELOPMENT. AS WE LOOK BACK ON A SUCCESSFUL YEAR, PC TOTS IS ENERGIZED BY THE PROGRESS WE'VE MADE AND THE POSITIVE IMPACT WE'VE HAD ON OUR STUDENTS AND COMMUNITY. WE ARE COMMITTED TO CONTINUING OUR MISSION OF PROVIDING ACCESSIBLE HIGH- QUALITY EARLY CHILDHOOD EDUCATION AND ARE EXCITED ABOUT THE OPPORTUNITIES THAT LIE AHEAD.

  Expenses $2,041,836 · Grants $8,282 · Revenue $1,145,849

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

22 April 2025

IRS schema version

2023v6.0

Source object

202521209349300717

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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