Civic Intelligence

Building Blocks Early Education Centers Inc

EIN 20-5407568 • 501(c)3 • Fayetteville, NC

Profile

Christian based developmental education programs providing care in a safe and fun christian learning environment. Preschool curriculum includes activities centered on communication, science, language, music, art, and large and small motor development.

1422 Ireland DriveFayetteville, NC 28304

www.bbeec.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.81x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

1.58x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

36th percentile

-0.2%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

79th percentile

$110,177

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

36th percentile

0.6%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-8.3%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$8,041,009

Up $50,176 (+0.6%) from 2014

Liabilities

Down

$6,523,162

Down $63,519 (-1.0%) from 2014

Net Assets

Up

$1,517,847

Up $113,695 (+8.1%) from 2014

Revenue

Down

$4,120,187

Down $374,728 (-8.3%) from 2014

Expenses

Up

$4,126,482

Up $303,580 (+7.9%) from 2014

Net Income

Down

-$6,295

Down $678,308 (-101%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $1,013,415Liabilities 2011: $731,764Net Assets 2011: $281,6512011Assets 2012: $3,614,908Liabilities 2012: $2,940,452Net Assets 2012: $674,4562012Assets 2013: $7,466,118Liabilities 2013: $6,733,979Net Assets 2013: $732,1392013Assets 2014: $7,990,833Liabilities 2014: $6,586,681Net Assets 2014: $1,404,1522014Assets 2015: $8,041,009Liabilities 2015: $6,523,162Net Assets 2015: $1,517,8472015

Highlighted filing

2015

Assets$8,041,009
Liabilities$6,523,162
Net Assets$1,517,847

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,846,2662011Expenses 2012: $4,487,0822012Revenue 2013: $4,162,673Expenses 2013: $4,104,990Net Income 2013: $57,6832013Revenue 2014: $4,494,915Expenses 2014: $3,822,902Net Income 2014: $672,0132014Revenue 2015: $4,120,187Expenses 2015: $4,126,482Net Income 2015: -$6,2952015

Highlighted filing

2015

Revenue$4,120,187
Expenses$4,126,482
Net Income-$6,295

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$4,120,187
Mission and Program Overview

Mission

Christian based developmental education programs providing care in a safe and fun christian learning environment. Preschool curriculum includes activities centered on communication, science, language, music, art, and large and small motor development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,384,329$7,695,648▲ $311,319
Accounts Receivable$369,247$239,648▼ $129,599
Savings and Temporary Cash Investments$204,076$66,585▼ $137,491
Intangible Assets$23,241$29,249▲ $6,008
Other Notes and Loans Receivable, Net$9,924$9,863▼ $61
Cash and Non-Interest-Bearing Accounts$16$16→ $0
Total Assets$7,990,833$8,041,009▲ $50,176
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,272,048$6,366,669▲ $94,621
Deferred Revenue$174,934$82,845▼ $92,089
Accounts Payable and Accrued Expenses$139,699$73,648▼ $66,051
Total Liabilities$6,586,681$6,523,162▼ $63,519
Net Assets / Fund Balance
Unrestricted Net Assets$1,404,152$1,517,847▲ $113,695
Total Net Assets Fund Balance$1,404,152$1,517,847▲ $113,695
Total Liabilities and Net Assets / Fund Balance$7,990,833$8,041,009▲ $50,176

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,880,818$356,580$6,237,398
Land$1,679,343-$1,679,343
Other Land Buildings$107,194$285,248$392,442
Equipment$28,293$117,000$145,293
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Perry MeltonCFO-$40,852$62,500$103,352
Tammi PetersPresidentFT-$79,160$79,160
Cynthia TrevinoV. PresidentFT-$45,300$45,300
Helena HortmanExecutive Di-$42,038-$42,038

Board Members and Trustees

NameTitle
Dan BrownMember
Suzanne FaykusMember
Lynn WinebargerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$195,775
Program Service Revenue
$3,924,019
Investment Income
$393
Other Revenue
$0
All Other Contributions
$192,828
Change in Net Assets
$-6,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,404,281
Other Expenses$1,722,201
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,974,823$128,624-$2,103,447
All Other Expenses$448,039$95,912-$543,951
Interest$211,420$52,855-$264,275
Payroll Taxes$200,617$17,327-$217,944
Depreciation Depletion$189,489$14,574-$204,063
Other Expenses$76,527$19,132-$95,659
Current Officers, Directors, Trustees, and Key Employees$33,630$49,260-$82,890
Occupancy$22,504--$22,504
Travel$785$196-$981
Total Functional Expenses$3,748,602$377,880$0$4,126,482
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Form 990 is prepared by an outside independent certified public accounting firm and provided to the board president and chief of operations for review and filing.

Form 990, Page 6, Part VI, Line 15A

The organizaton follows the process described in treasury regulation 4958(6)(c) for establishing the rebuttable presumption of reasonableness in the review, approval, and documentation of officer, key management, and director compensation. The entire governing body reviews and approves the entire compensation package of each person based on comparability factors including but not limited to the size of the organization, the geographical location of the organization, and the employee's length of service.

Form 990, Page 6, Part VI, Line 15B

The organizaton follows the process described in treasury regulation 4958(6)(c) for establishing the rebuttable presumption of reasonableness in the review, approval, and documentation of officer, key management, and director compensation. The entire governing body reviews and approves the entire compensation package of each person based on comparability factors including but not limited to the size of the organization, the geographical location of the organization, and the employee's length of service.

Form 990, Page 6, Part VI, Line 19

Governing documents and conflict of interest policy are made available to the public upon request. Form 990 is available for public inspection on another's website and upon request.

Filing and Contact Details

Filer

Filer Name
Building Blocks Early Education
EIN
20-5407568
Phone
9107038714
Address
1422 IRELAND DRIVE, FAYETTEVILLE, NC 28304

Signing Officer

Name
Tammi Peters
Title
President
Phone
9104837564
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammi Peters
Formed
2006
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
2
Employees
199

Preparer

Firm
Mcfadyen & Sumner Cpas Pa
Address
572 EXECUTIVE PLACE, FAYETTEVILLE, NC 28305
Preparer
David E Maxwell Jr
Phone
9103233100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Christian based developmental education programs providing care in a safe and fun christian learning environment. Preschool curriculum includes activities centered on communication, science, language, music, art, and large and small motor development.

Form 990, Part IX, Line 24E

Insurance 73,275 18,319 0 supplies 68,993 17,248 0 utilities 47,566 11,892 0 equipment rental 32,684 8,171 0 automobile expense 31,534 7,883 0 advertising 38,843 0 0 waste removal 18,551 4,638 0 bank fees 17,403 4,351 0 telephone & communication 17,384 4,346 0 office expense 15,234 3,808 0 staff appreciation 10,546 2,637 0 printing & reproduction 12,258 0 0 continuing education & tr 8,311 2,078 0 reimbursed expenses 7,785 1,946 0 professional fees 6,826 1,706 0 alarm & security 6,748 1,687 0 postage & delivery 5,270 1,317 0 field trips 6,263 0 0 licenses, fees, & permits 5,002 1,251 0 contract labor 4,966 1,241 0 charitable contributions 4,930 0 0 dues and subscriptions 2,623 656 0 miscellaneous 1,682 421 0 collection fees 1,378 0 0 meals & entertainment 643 161 0 application fees 620 155 0 taxes - other 721 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -10 prior period grant deferred revenue 120,000 total 119,990

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRISTIAN BASED DEVELOPMENTAL EDUCATION PROGRAMS PROVIDING CARE IN A SAFE AND FUN CHRISTIAN LEARNING ENVIRONMENT. PRESCHOOL CURRICULUM INCLUDES ACTIVITIES CENTERED ON COMMUNICATION, SCIENCE, LANGUAGE, MUSIC, ART, AND LARGE AND SMALL MOTOR DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN OUTSIDE INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE BOARD PRESIDENT AND CHIEF OF OPERATIONS FOR REVIEW AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATON FOLLOWS THE PROCESS DESCRIBED IN TREASURY REGULATION 4958(6)(C) FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS IN THE REVIEW, APPROVAL, AND DOCUMENTATION OF OFFICER, KEY MANAGEMENT, AND DIRECTOR COMPENSATION. THE ENTIRE GOVERNING BODY REVIEWS AND APPROVES THE ENTIRE COMPENSATION PACKAGE OF EACH PERSON BASED ON COMPARABILITY FACTORS INCLUDING BUT NOT LIMITED TO THE SIZE OF THE ORGANIZATION, THE GEOGRAPHICAL LOCATION OF THE ORGANIZATION, AND THE EMPLOYEE'S LENGTH OF SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATON FOLLOWS THE PROCESS DESCRIBED IN TREASURY REGULATION 4958(6)(C) FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS IN THE REVIEW, APPROVAL, AND DOCUMENTATION OF OFFICER, KEY MANAGEMENT, AND DIRECTOR COMPENSATION. THE ENTIRE GOVERNING BODY REVIEWS AND APPROVES THE ENTIRE COMPENSATION PACKAGE OF EACH PERSON BASED ON COMPARABILITY FACTORS INCLUDING BUT NOT LIMITED TO THE SIZE OF THE ORGANIZATION, THE GEOGRAPHICAL LOCATION OF THE ORGANIZATION, AND THE EMPLOYEE'S LENGTH OF SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION ON ANOTHER'S WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE 73,275 18,319 0 SUPPLIES 68,993 17,248 0 UTILITIES 47,566 11,892 0 EQUIPMENT RENTAL 32,684 8,171 0 AUTOMOBILE EXPENSE 31,534 7,883 0 ADVERTISING 38,843 0 0 WASTE REMOVAL 18,551 4,638 0 BANK FEES 17,403 4,351 0 TELEPHONE & COMMUNICATION 17,384 4,346 0 OFFICE EXPENSE 15,234 3,808 0 STAFF APPRECIATION 10,546 2,637 0 PRINTING & REPRODUCTION 12,258 0 0 CONTINUING EDUCATION & TR 8,311 2,078 0 REIMBURSED EXPENSES 7,785 1,946 0 PROFESSIONAL FEES 6,826 1,706 0 ALARM & SECURITY 6,748 1,687 0 POSTAGE & DELIVERY 5,270 1,317 0 FIELD TRIPS 6,263 0 0 LICENSES, FEES, & PERMITS 5,002 1,251 0 CONTRACT LABOR 4,966 1,241 0 CHARITABLE CONTRIBUTIONS 4,930 0 0 DUES AND SUBSCRIPTIONS 2,623 656 0 MISCELLANEOUS 1,682 421 0 COLLECTION FEES 1,378 0 0 MEALS & ENTERTAINMENT 643 161 0 APPLICATION FEES 620 155 0 TAXES - OTHER 721 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE -10 PRIOR PERIOD GRANT DEFERRED REVENUE 120,000 TOTAL 119,990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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