Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,450,989

• 1e · Government grants (contributions)

  $707,688

• 1f · All other contributions, gifts and grants

  $12,007,366

• 3 · Investment income

  total $117,135 · excluded $117,135

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,822,799 · program services $7,822,799

• 2 · Grants to domestic individuals

  total $29,050 · program services $29,050

• 5 · Compensation of officers, directors and key employees

  total $328,032 · program services $265,707 · management and general $45,925 · fundraising $16,400

• 7 · Other salaries and wages

  total $1,155,557 · program services $936,001 · management and general $161,778 · fundraising $57,778

• 8 · Pension plan contributions

  total $46,221 · program services $37,439 · management and general $6,472 · fundraising $2,310

• 9 · Other employee benefits

  total $193,869 · program services $157,033 · management and general $27,140 · fundraising $9,696

• 10 · Payroll taxes

  total $109,670 · program services $88,833 · management and general $15,354 · fundraising $5,483

• 11b · Fees: legal

  total $25,153 · management and general $25,153

• 11c · Fees: accounting

  total $15,800 · program services $5,338 · management and general $10,462

• 11g · Fees: other

  total $317,513 · program services $90,605 · management and general $197,296 · fundraising $29,612

• 12 · Advertising and promotion

  total $70,404 · program services $47,655 · management and general $22,749

• 13 · Office expenses

  total $53,838 · program services $20,047 · management and general $33,791

• 14 · Information technology

  total $84,976 · program services $40,734 · management and general $44,242

• 16 · Occupancy

  total $72,582 · program services $665 · management and general $71,917

• 17 · Travel

  total $20,369 · program services $6,722 · management and general $13,647

• 19 · Conferences, conventions and meetings

  total $55,996 · program services $22,104 · management and general $33,892

• 22 · Depreciation, depletion and amortization

  total $5,586 · management and general $5,586

• 23 · Insurance

  total $2,412 · management and general $2,412

• 24a · Other expenses: INTEGRATED DATA SYSTEM

  total $3,431,619 · program services $3,431,619

• 24b · Other expenses: HIGH QUALITY EARLY CARE

  total $150,084 · program services $150,084

• 24c · Other expenses: RECRUITING EXPENSES

  total $56,280 · management and general $56,280

• 24d · Other expenses: FAMILY SUPPORT AND PART

  total $42,095 · program services $42,095

• 24e · All other expenses

  total $121,523 · program services $79,539 · management and general $40,269 · fundraising $1,715

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,379,327 · end of year $252,856

• 2 · Savings and temporary cash investments

  beginning of year $2,424,412 · end of year $1,230,144

• 3 · Pledges and grants receivable

  beginning of year $100,000 · end of year $362,721

• 4 · Accounts receivable

  beginning of year $0 · end of year $1,482,989

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $27,269

• 10a · Land, buildings and equipment: cost or other basis

  $35,792

• 10b · Land, buildings and equipment: accumulated depreciation

  $22,626

• 10c · Land, buildings and equipment, net

  beginning of year $14,536 · end of year $13,166

• 15 · Other assets

  beginning of year $294,751 · end of year $233,449

• 17 · Accounts payable and accrued expenses

  beginning of year $376,357 · end of year $159,991

• 19 · Deferred revenue

  beginning of year $407,688 · end of year $0

• 25 · Other liabilities

  beginning of year $296,410 · end of year $238,282

• 27 · Net assets without donor restrictions

  beginning of year $3,027,571 · end of year $2,841,600

• 28 · Net assets with donor restrictions

  beginning of year $105,000 · end of year $362,721

The filer's explanations (Part III)

SCHEDULE J, PART II

THE ORGANIZATION UTILIZES A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO") TO HANDLE ALL HUMAN RESOURCES AND PAYROLL REPORTING ACTIVITY FOR EMPLOYEES OF THE ORGANIZATION. THE PEO PROVIDES W-2S TO THE EMPLOYEES. AMOUNTS REPORTED ON SCHEDULE J, PART II INCLUDE AMOUNTS PAID BY THE PROFESSIONAL EMPLOYER ORGANIZATION.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• GUILFORD TECHNOLOGY SOLUTIONS LLC

  CONFIDENTIAL INFORMATION DATA BASE · NC

  Directly controlled by READY FOR SCHOOL READY FOR LIFE INC