Form 990 for tax year 2022
Filed by SAN CARLOS LEARNING ACADEMY INC.
Totals
- Total revenue
- $217,559
- Total expenses
- $299,378
- Contributions and grants received
- $0
- Grants paid
- $100
- Program service revenue
- $217,547
- Investment income
- $12
- Other revenue
- $0
- Total assets, end of year
- $20,280
- Total liabilities, end of year
- $62,991
- Net assets or fund balances, end of year
- -$42,711
- Program services expenses (Part IX)
- $259,482
- Management and general expenses
- $29,620
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $242,625
Program services were 86.7% 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.
-
2a · Program service revenue: ELC INCOME
total $117,722 · related or exempt $117,722
-
2b · Program service revenue: CHILD DAYCARE INC
total $99,825 · related or exempt $99,825
-
3 · Investment income
total $12 · unrelated business $12
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $100 · program services $100
-
5 · Compensation of officers, directors and key employees
total $15,000 · management and general $15,000
-
7 · Other salaries and wages
total $125,800 · program services $125,800
-
9 · Other employee benefits
total $420 · program services $420
-
10 · Payroll taxes
total $30,357 · program services $26,045 · management and general $4,312
-
11a · Fees: management
total $1,500 · management and general $1,500
-
11c · Fees: accounting
total $6,984 · management and general $6,987
-
11g · Fees: other
total $4,939 · program services $4,939
-
12 · Advertising and promotion
total $1,044 · program services $1,044
-
13 · Office expenses
total $857 · management and general $857
-
14 · Information technology
total $1,800 · program services $900 · management and general $900
-
16 · Occupancy
total $69,418 · program services $69,418
-
20 · Interest
total $64 · management and general $64
-
22 · Depreciation, depletion and amortization
total $8,345
-
23 · Insurance
total $7,840 · program services $7,840
-
24a · Other expenses: SCHOOL SUPPLIES
total $13,597 · program services $13,597
-
24b · Other expenses: DAYCARE FOOD
total $7,722 · program services $7,722
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $1,657 · program services $1,657
-
24d · Other expenses: AUTO EXPENSE
total $1,934
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $16,744 · end of year $20,280
-
10a · Land, buildings and equipment: cost or other basis
$8,345
-
10b · Land, buildings and equipment: accumulated depreciation
$8,345
-
23 · Secured mortgages and notes payable
beginning of year $26,632 · end of year $62,836
-
24 · Unsecured notes and loans payable
end of year $155
-
27 · Net assets without donor restrictions
beginning of year -$9,888 · end of year -$42,711
Mission and programs · 2022
Mission
To be the best early learning program that fosters the development of the whole child helping them to reach their highest potential.
Activities or mission (Part I)
To provide a safe and healthy environment where children and teachers can create learning experiences through exploration discovery & play
-
Our teachers and early learning programs have provided a safe and healthy learning environment. Our teachers have implemented developmentally appropriate learning experiences using evidence based curriculum and knowledge from their personal experience.
Expenses $242,625 · Revenue $217,547
As filed on the 2022 return.
Listed in Part VII
-
Reshawndia MitchellRESHAWNDIA MITCHELL
PRESIDENT
- Total calculated
- $15,000
- From this org
- $15,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2022
- Filed
- 14 March 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312589349301446
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