Civic Intelligence

Goshen Day Care Board Inc

EIN 35-1146723 • 501(c)3 • Goshen, IN

Profile

To provide professional, developmentally appropriate activities and care for preschool-aged children at affordable rates.

1700 Shasta DriveGoshen, IN 46526

walnuthillecc.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.19x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.25x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

22nd percentile

-9.8%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

48th percentile

$47,000

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-8.7%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-7.9%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,053,124

Down $100,791 (-8.7%) from 2023

Liabilities

Down

$199,564

Down $23,016 (-10%) from 2023

Net Assets

Down

$853,560

Down $77,775 (-8.4%) from 2023

Revenue

Down

$793,704

Down $68,543 (-7.9%) from 2023

Expenses

Up

$871,479

Up $17,606 (+2.1%) from 2023

Net Income

Down

-$77,775

Down $86,149 (-1029%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $240,216Liabilities 2011: $30,769Net Assets 2011: $209,4472011Assets 2013: $200,441Liabilities 2013: $42,684Net Assets 2013: $157,7572013Assets 2014: $201,562Liabilities 2014: $36,172Net Assets 2014: $165,3902014Assets 2015: $792,480Liabilities 2015: $76,796Net Assets 2015: $715,6842015Assets 2016: $1,278,151Liabilities 2016: $72,602Net Assets 2016: $1,205,5492016Assets 2017: $1,503,804Liabilities 2017: $118,820Net Assets 2017: $1,384,9842017Assets 2018: $1,352,577Liabilities 2018: $56,367Net Assets 2018: $1,296,2102018Assets 2019: $1,252,630Liabilities 2019: $61,735Net Assets 2019: $1,190,8952019Assets 2020: $1,196,637Liabilities 2020: $112,389Net Assets 2020: $1,084,2482020Assets 2021: $1,209,709Liabilities 2021: $179,250Net Assets 2021: $1,030,4592021Assets 2022: $1,113,962Liabilities 2022: $191,001Net Assets 2022: $922,9612022Assets 2023: $1,153,915Liabilities 2023: $222,580Net Assets 2023: $931,3352023Assets 2024: $1,053,124Liabilities 2024: $199,564Net Assets 2024: $853,5602024

Highlighted filing

2024

Assets$1,053,124
Liabilities$199,564
Net Assets$853,560

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $499,1732011Revenue 2013: $526,887Expenses 2013: $542,331Net Income 2013: -$15,4442013Revenue 2014: $659,003Expenses 2014: $548,502Net Income 2014: $110,5012014Revenue 2015: $1,113,336Expenses 2015: $560,313Net Income 2015: $553,0232015Revenue 2016: $1,057,155Expenses 2016: $567,290Net Income 2016: $489,8652016Revenue 2017: $797,466Expenses 2017: $618,031Net Income 2017: $179,4352017Revenue 2018: $682,511Expenses 2018: $771,285Net Income 2018: -$88,7742018Revenue 2019: $667,586Expenses 2019: $772,901Net Income 2019: -$105,3152019Revenue 2020: $664,434Expenses 2020: $771,081Net Income 2020: -$106,6472020Revenue 2021: $614,930Expenses 2021: $668,719Net Income 2021: -$53,7892021Revenue 2022: $579,432Expenses 2022: $686,930Net Income 2022: -$107,4982022Revenue 2023: $862,247Expenses 2023: $853,873Net Income 2023: $8,3742023Revenue 2024: $793,704Expenses 2024: $871,479Net Income 2024: -$77,7752024

Highlighted filing

2024

Revenue$793,704
Expenses$871,479
Net Income-$77,775

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 13, 2025
Return Version
2024v5.0
Gross Receipts
$806,557
Mission and Program Overview

Mission

To provide professional, developmentally appropriate activities and care for preschool-aged children at affordable rates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,050,982$1,012,022▼ $38,960
Pledges and Grants Receivable$23,226$29,765▲ $6,539
Cash and Non-Interest-Bearing Accounts$75,773$1,319▼ $74,454
Prepaid Expenses and Deferred Charges$2,013$760▼ $1,253
Savings and Temporary Cash Investments$959$46▼ $913
Total Assets$1,153,915$1,053,124▼ $100,791
Other Assets Total$962$9,212▲ $8,250
Liabilities
Other Liabilities$198,508$192,078▼ $6,430
Accounts Payable and Accrued Expenses$24,072$7,486▼ $16,586
Total Liabilities$222,580$199,564▼ $23,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$931,335$853,560▼ $77,775
Total Net Assets Fund Balance$931,335$853,560▼ $77,775
Total Liabilities and Net Assets / Fund Balance$1,153,915$1,053,124▼ $100,791

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$909,602$209,812$1,119,414
Equipment$57,158$118,774$175,932
Land$35,000-$35,000
Other Land Buildings$10,262$3,617$13,879
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lee WheelerExecutive DiFT$47,000$47,000

Board Members and Trustees

NameTitle
Pam ZarazeeChairperson
Joe ChoffeltBoard Member
Jordan MillerBoard Member
Linda SorgBoard Member
Scott WilliamsonBoard Member
Mary Kay LongacreSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$491,862
Program Service Revenue
$297,066
Investment Income
$0
Other Revenue
$4,776
All Other Contributions
$167,072
Change in Net Assets
$-77,775

Audited Revenue Reconciliation

Revenue per Audited Statements
$793,704
Total Revenue per Audited Statements
$793,704
Total Revenue per Form 990
$793,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$562,555
Other Expenses$308,924
Total Fundraising Expense$26,260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$433,074$34,186$7,275$474,535
Interest-$78,040-$78,040
Current Officers, Directors, Trustees, and Key Employees$23,500$11,750$11,750$47,000
Payroll Taxes$34,728$3,344$1,385$39,457
Depreciation Depletion$34,318$3,282$1,360$38,960
All Other Expenses$22,232$1,802$170$24,204
Office Expenses-$15,712$965$16,677
Other Expenses$14,443$1,382$572$16,397
Fees for Services Other-$8,700-$8,700
Insurance$5,658$541$224$6,423
Other Employee Benefits$1,377$132$54$1,563
Occupancy$1,105$106$44$1,255
Travel$27--$27
Total Functional Expenses$680,301$164,918$26,260$871,479

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$871,479
Total Expenses per Audited Statements$871,479
Total Expenses per Form 990$871,479
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,629
Fundraising Direct Expenses$12,853
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit Dinner$17,629$17,629$12,853$4,776
Total Events$17,629$17,629$12,853$4,776
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$145,581
Loan$37,286
Lease Liability - R of U Asset$9,211
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
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, Page 6, Part VI, Line 11B

The executive director provides the board with a copy of the 990 for review, after first reviewing the return with the tax preparer, requesting comments and feedback by a due date prior to filing the return.

Form 990, Page 6, Part VI, Line 12C

The executive director provides the board with a copy of the policy once a year. Each member then discloses any conflict of interest relationship at that time on the provided disclosure form.

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

Compensation of executive director is reviewed by the board annually.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Goshen Day Care Board Inc
EIN
35-1146723
Phone
5745341884
Address
1700 SHASTA DRIVE, GOSHEN, IN 46526
Doing Business As
Walnut Hill Early Childhood Center

Signing Officer

Name
Lee Wheeler
Title
Executive Director
Phone
5745341884
Signed
2025-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Wheeler
Formed
1967
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
34
Volunteers
3

Preparer

Firm
David Culp & Co Llp
Address
120 S 2ND STREET, GOSHEN, IN 46526
Preparer
William E Miller CPA
Phone
5745334540
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR PROVIDES THE BOARD WITH A COPY OF THE 990 FOR REVIEW, AFTER FIRST REVIEWING THE RETURN WITH THE TAX PREPARER, REQUESTING COMMENTS AND FEEDBACK BY A DUE DATE PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR PROVIDES THE BOARD WITH A COPY OF THE POLICY ONCE A YEAR. EACH MEMBER THEN DISCLOSES ANY CONFLICT OF INTEREST RELATIONSHIP AT THAT TIME ON THE PROVIDED DISCLOSURE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LEE WHEELER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05745341884
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOSHEN DAY CARE BOARD INC
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