Civic Intelligence

Babys Space - a Place to Grow

990 • Fiscal year 2017 • EIN 20-4502788

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

2438 18th Ave SouthMinneapolis, MN 55404

(612) 729-5171

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.11x

Higher debt load relative to assets than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

26th percentile

-5.7%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

5th percentile

-23%

Faster asset growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

38th percentile

0.1%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$433,615

Down $132,668 (-23%) from 2016

Net Assets

Down

$385,212

Down $95,625 (-20%) from 2016

Liabilities

Down

$48,403

Down $37,043 (-43%) from 2016

Revenue

Up

$1,677,507

Up $2,251 (+0.1%) from 2016

Expenses

Up

$1,773,132

Up $88,598 (+5.3%) from 2016

Net Income

Down

-$95,625

Down $86,347 (-931%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $456,786Liabilities 2011: $31,679Net Assets 2011: $425,1072011Assets 2012: $730,510Liabilities 2012: $97,876Net Assets 2012: $632,6342012Assets 2013: $558,772Liabilities 2013: $77,116Net Assets 2013: $481,6562013Assets 2014: $473,701Liabilities 2014: $102,536Net Assets 2014: $371,1652014Assets 2015: $590,079Liabilities 2015: $99,964Net Assets 2015: $490,1152015Assets 2016: $566,283Liabilities 2016: $85,446Net Assets 2016: $480,8372016Assets 2017: $433,615Liabilities 2017: $48,403Net Assets 2017: $385,2122017Assets 2018: $390,941Liabilities 2018: $53,643Net Assets 2018: $337,2982018Assets 2019: $434,896Liabilities 2019: $67,369Net Assets 2019: $367,5272019Assets 2020: $622,469Liabilities 2020: $410,477Net Assets 2020: $211,9922020Assets 2021: $670,831Liabilities 2021: $406,879Net Assets 2021: $263,9522021Assets 2022: $1,009,308Liabilities 2022: $70,872Net Assets 2022: $938,4362022Assets 2023: $1,196,757Liabilities 2023: $111,551Net Assets 2023: $1,085,2062023Assets 2024: $2,012,818Liabilities 2024: $171,298Net Assets 2024: $1,841,5202024

Highlighted filing

2017

Assets$433,615
Liabilities$48,403
Net Assets$385,212

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,426,720Expenses 2011: $1,208,140Net Income 2011: $218,5802011Expenses 2012: $1,366,9282012Expenses 2013: $1,507,1462013Revenue 2014: $1,692,404Expenses 2014: $1,802,895Net Income 2014: -$110,4912014Revenue 2015: $2,128,607Expenses 2015: $2,009,657Net Income 2015: $118,9502015Revenue 2016: $1,675,256Expenses 2016: $1,684,534Net Income 2016: -$9,2782016Revenue 2017: $1,677,507Expenses 2017: $1,773,132Net Income 2017: -$95,6252017Revenue 2018: $1,792,279Expenses 2018: $1,840,193Net Income 2018: -$47,9142018Revenue 2019: $2,006,736Expenses 2019: $1,976,507Net Income 2019: $30,2292019Revenue 2020: $1,817,176Expenses 2020: $1,972,711Net Income 2020: -$155,5352020Revenue 2021: $1,808,397Expenses 2021: $1,756,437Net Income 2021: $51,9602021Revenue 2022: $2,534,695Expenses 2022: $1,860,211Net Income 2022: $674,4842022Revenue 2023: $2,467,484Expenses 2023: $2,320,714Net Income 2023: $146,7702023Revenue 2024: $3,343,270Expenses 2024: $2,586,956Net Income 2024: $756,3142024

Highlighted filing

2017

Revenue$1,677,507
Expenses$1,773,132
Net Income-$95,625
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,684,948
Mission and Program Overview

Mission

Our organizations mission is to provide childcare and family services to low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$71,732$152,151▲ $80,419
Accounts Receivable$102,663$134,051▲ $31,388
Cash and Non-Interest-Bearing Accounts$339,801$84,998▼ $254,803
Land, Buildings, and Equipment, Net$50,950$58,508▲ $7,558
Prepaid Expenses and Deferred Charges$1,137$3,907▲ $2,770
Total Assets$566,283$433,615▼ $132,668
Liabilities
Accounts Payable and Accrued Expenses$85,446$48,403▼ $37,043
Total Liabilities$85,446$48,403▼ $37,043
Net Assets / Fund Balance
Unrestricted Net Assets$480,837$385,212▼ $95,625
Total Net Assets Fund Balance$480,837$385,212▼ $95,625
Total Liabilities and Net Assets / Fund Balance$566,283$433,615▼ $132,668

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,797$79,019$110,816
Leasehold Improvements$26,711-$26,711
Compensation and Service Providers

Board Members and Trustees

NameTitle
Theresa Iglesias-SolomonBoard Chair
Theresa PfliegerFinance Chair
Sarah OlsonGovernance Chair
Marica FriedmanVice Chair
Jeana StoutBoard Member
Jeff ArnesonBoard Member
Lynn BarnhartBoard Member
Mary WerbalowskyBoard Member
Muriel ThompsonBoard Member
Sandra ShabaiashBoard Memebr
Deborah LundExecutive Director
Blake WardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$511,984
Program Service Revenue
$1,163,086
Investment Income
$848
Other Revenue
$1,589
All Other Contributions
$511,984
Change in Net Assets
$-95,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,677,507
Total Revenue per Audited Statements
$1,677,507
Total Revenue per Form 990
$1,677,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,230,582
Other Expenses$542,550
Total Fundraising Expense$21,652
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$893,827$98,112$15,502$1,007,441
Payroll Taxes$206,099$14,717$2,325$223,141
Occupancy$143,278$15,920-$159,198
Fees for Services Legal$37,156$12,941$3,825$53,922
Depreciation Depletion$21,198--$21,198
Travel$16,813$1,868-$18,681
Other Expenses$13,785$1,532-$15,317
Insurance$7,612$846-$8,458
Office Expenses$45--$45
Total Functional Expenses$1,603,851$147,629$21,652$1,773,132

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,773,132
Total Expenses per Audited Statements$1,773,132
Total Expenses per Form 990$1,773,132
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,030
Fundraising Direct Expenses$7,441
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

No review was or will be conducted

Conflict of interest policy compliance Part VI line 12C

We just recently collected conflicts-of-interest affirmations from everyone, and have with regularity escalated issues presenting conflicts issues, but do not feel strongly and would need to draft the narrative around it.

Governing documents etc available to public Part VI line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Babys Space a Place to Grow
EIN
20-4502788
Address
2438 18TH AVE SOUTH, MINNEAPOLIS, MN 55404

Signing Officer

Name
Deborah Lund
Title
Executive Direc
Phone
6127295171
Signed
2017-11-15
Discuss with paid preparer
No

Organization Details

Formed
1998
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
62

Preparer

Firm
Kneisl and Associates Ltd
Address
15252 West Freeway Dr NE Suite 3, Forest Lake, MN 55025
Preparer
Gregory Kneisl
Phone
6514642433
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Additional expense this fiscal year

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02325
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014717
IRS990/PayrollTaxesGrp/ProgramServicesAmt0206099
IRS990/PayrollTaxesGrp/TotalAmt0223141
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01137
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03907
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/Desc0CHILDCARE & EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01163086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01163086
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0606555
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01098
IRS990/PYOtherExpensesAmt0516079
IRS990/PYOtherRevenueAmt045601
IRS990/PYProgramServiceRevenueAmt01022002
IRS990/PYRevenuesLessExpensesAmt0-9278
IRS990/PYSalariesCompEmpBnftPaidAmt01168455
IRS990/PYTotalExpensesAmt01684534
IRS990/PYTotalRevenueAmt01675256
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-95625
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt071732
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0152151
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01676659
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01806966
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02128236
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01706416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01379211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08697488
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0848
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0370
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0370
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02387
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt08697488
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01676659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01806966
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02128236
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01706416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01379211
IRS990ScheduleA/Total509Grp/TotalAmt08697488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01677507
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01808064
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02128606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01706441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01379257
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08699875
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt031797
IRS990ScheduleD/EquipmentGrp/DepreciationAmt079019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0110816
IRS990ScheduleD/ExpensesSubtotalAmt01773132
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026711
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt026711
IRS990ScheduleD/RevenueSubtotalAmt01677507
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058508
IRS990ScheduleD/TotalExpensesPerForm990Amt01773132
IRS990ScheduleD/TotalRevenuePerForm990Amt01677507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01677507
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01773132
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1We just recently collected conflicts-of-interest affirmations from everyone, and have with regularity escalated issues presenting conflicts issues, but do not feel strongly and would need to draft the narrative around it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADDITIONAL EXPENSE THIS FISCAL YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Significant program services not listed on prior year return Part III line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0566283
IRS990/TotalAssetsEOYAmt0433615
IRS990/TotalAssetsGrp/BOYAmt0566283
IRS990/TotalAssetsGrp/EOYAmt0433615
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0511984
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021652
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0147629
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01603851
IRS990/TotalFunctionalExpensesGrp/TotalAmt01773132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085446
IRS990/TotalLiabilitiesEOYAmt048403
IRS990/TotalLiabilitiesGrp/BOYAmt085446
IRS990/TotalLiabilitiesGrp/EOYAmt048403
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0480837
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0385212
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01603851
IRS990/TotalProgramServiceRevenueAmt01163086
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02437
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01163086
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01677507
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0566283
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0433615
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt01868
IRS990/TravelGrp/ProgramServicesAmt016813
IRS990/TravelGrp/TotalAmt018681
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0480837
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0385212

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.01$0.17$1.84$3.34$2.59$0.76
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.11$1.09$2.47$2.32$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.07$0.94$2.53$1.86$0.67
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.41$0.26$1.81$1.76$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.41$0.21$1.82$1.97$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.43$0.07$0.37$2.01$1.98$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.05$0.34$1.79$1.84$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.05$0.39$1.68$1.77$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.09$0.48$1.68$1.68$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.10$0.49$2.13$2.01$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.10$0.37$1.69$1.80$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.08$0.48$1.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.10$0.63$1.37
2011Summary only. Only limited summary data is available for this year.$0.46$0.03$0.43$1.43$1.21$0.22