Civic Intelligence

Bloomington Developmental Learning Center Incorporated

990 • Fiscal year 2021 • EIN 35-1784455

Jan 01, 2021 to Dec 31, 2021 • Filed on May 14, 2022

1807 S Highland AveBloomington, IN 47401

(812) 335-6600

Siviq Scores

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

Liabilities / Assets

96th percentile

1.23x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.83x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

25th percentile

-0.1%

Higher net margin than 25% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

88th percentile

59%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Revenue Growth

43rd percentile

6.5%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Assets

Up

$782,771

Up $474,774 (+154%) from 2019

Net Assets

Down

-$178,577

Down $164,944 (-1210%) from 2019

Liabilities

Up

$961,348

Up $639,718 (+199%) from 2019

Revenue

Up

$1,152,403

Up $136,707 (+13%) from 2019

Expenses

Up

$1,153,588

Up $153,047 (+15%) from 2019

Net Income

Down

-$1,185

Down $16,340 (-108%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $439,679Liabilities 2011: $404,946Net Assets 2011: $34,7332011Assets 2012: $366,654Liabilities 2012: $416,326Net Assets 2012: -$49,6722012Assets 2013: $359,477Liabilities 2013: $423,287Net Assets 2013: -$63,8102013Assets 2014: $338,009Liabilities 2014: $376,576Net Assets 2014: -$38,5672014Assets 2015: $343,558Liabilities 2015: $366,889Net Assets 2015: -$23,3312015Assets 2016: $325,777Liabilities 2016: $349,227Net Assets 2016: -$23,4502016Assets 2017: $273,271Liabilities 2017: $343,250Net Assets 2017: -$69,9792017Assets 2018: $282,651Liabilities 2018: $311,439Net Assets 2018: -$28,7882018Assets 2019: $307,997Liabilities 2019: $321,630Net Assets 2019: -$13,6332019Assets 2021: $782,771Liabilities 2021: $961,348Net Assets 2021: -$178,5772021Assets 2022: $1,186,606Liabilities 2022: $369,552Net Assets 2022: $817,0542022Assets 2023: $1,078,064Liabilities 2023: $354,479Net Assets 2023: $723,5852023Assets 2024: $1,096,772Liabilities 2024: $378,090Net Assets 2024: $718,6822024

Highlighted filing

2021

Assets$782,771
Liabilities$961,348
Net Assets-$178,577

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $861,1682011Expenses 2012: $886,1272012Revenue 2013: $857,370Expenses 2013: $871,508Net Income 2013: -$14,1382013Revenue 2014: $890,056Expenses 2014: $864,813Net Income 2014: $25,2432014Revenue 2015: $890,617Expenses 2015: $875,381Net Income 2015: $15,2362015Revenue 2016: $913,398Expenses 2016: $913,517Net Income 2016: -$1192016Revenue 2017: $920,035Expenses 2017: $966,564Net Income 2017: -$46,5292017Revenue 2018: $1,025,195Expenses 2018: $984,004Net Income 2018: $41,1912018Revenue 2019: $1,015,696Expenses 2019: $1,000,541Net Income 2019: $15,1552019Revenue 2021: $1,152,403Expenses 2021: $1,153,588Net Income 2021: -$1,1852021Revenue 2022: $2,093,474Expenses 2022: $1,391,313Net Income 2022: $702,1612022Revenue 2023: $1,388,182Expenses 2023: $1,481,651Net Income 2023: -$93,4692023Revenue 2024: $1,505,921Expenses 2024: $1,479,824Net Income 2024: $26,0972024

Highlighted filing

2021

Revenue$1,152,403
Expenses$1,153,588
Net Income-$1,185
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 14, 2022
Return Version
2021v4.2
Gross Receipts
$1,152,403
Mission and Program Overview

Mission

As a not-for-profit child-care provider, BDLC fosters the emotional, social, and educational development of children ages 6 weeks to 6 years. At BDLC, children, families, staff, and teachers work together in a diverse, caring, and community-oriented environment to develop the unique potential of every child.

As a not-for-profit childcare provider,bdlc fosters the emotional,social,and educational developmnt of children ages 6 wks to 6 yrs. At bdlc,children,families,staff,and teachers work together in a diverse,caring,and community-oriented environment to develop the unique potential

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$167,817$433,676▲ $265,859
Land, Buildings, and Equipment, Net$228,344$212,309▼ $16,035
Savings and Temporary Cash Investments-$126,594-
Investments Program Related$10,192$10,192→ $0
Total Assets$406,353$782,771▲ $376,418
Liabilities
Deferred Revenue-$393,824-
Mortgage Notes Payable Secured by Investment Property$393,153$379,039▼ $14,114
Accounts Payable and Accrued Expenses$190,592$188,485▼ $2,107
Total Liabilities$583,745$961,348▲ $377,603
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-177,392$-178,577▼ $1,185
Total Net Assets Fund Balance$-177,392$-178,577▼ $1,185
Total Liabilities and Net Assets / Fund Balance$406,353$782,771▲ $376,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$137,309$385,875$523,184
Land$75,000-$75,000
Equipment-$37,184$37,184
Investment Program Related Org$10,192--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$28,052
Program Service Revenue
$1,123,762
Investment Income
$589
Other Revenue
$0
Change in Net Assets
$-1,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$910,519
Other Expenses$243,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$698,189--$698,189
Current Officers, Directors, Trustees, and Key Employees$122,286--$122,286
Occupancy$91,782--$91,782
Payroll Taxes$56,055--$56,055
Other Employee Benefits$33,989--$33,989
Interest-$16,176-$16,176
Depreciation Depletion$16,035--$16,035
Other Expenses$13,423--$13,423
Insurance-$9,166-$9,166
Fees for Services Accounting-$7,129-$7,129
Office Expenses$4,574--$4,574
Information Technology-$3,524-$3,524
Advertising$106--$106
Total Functional Expenses$1,117,593$35,995$0$1,153,588
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
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Member election for additional members Part VI line 7A

Organization is run by members who can elect new members via majority vote. Number of members is limited in the organizations bylaws.

Governing body decisions Part VI line 7B

Decisions related to organization budget, management of organization, and hiring of executive director are reserved to members of the board

Form 990 governing body review Part VI line 11

Form 990 is presented to the board of directors at regular meeting. Treasurer discusses return and allows members to ask questions.

Conflict of interest policy compliance Part VI line 12C

Every year, each board member signs a conflict of interest form stating whether they have any conflicts. The executive committee reviews the forms and addresses any issues immediately and brings concerns before other board members.

CEO executive director top management comp Part VI line 15A

The process for determining compensation included a review of comperable centers in monroe county via an income survey conducted in 2006 and 2014, and on the previous executive directors salary. Actual ompensation was determined in an executive committee metting and approved by the board.

Other officer or key employee compensation Part VI line 15B

The process for determining compensation included a review of comperable centers in monroe county via an income survey conducted in 2006 and 2014. Teacher and part time staff was based on the survey. Actual compensation was determined in an executive committee meeting and approved by the board.

Form 990 availability to public Part VI line 18

Governing documents, conflict of interest policy, and financial statments are available upon request. The financial statementsare presented at each board meeting and available to the public in mailbox outside directors office.

Governing documents etc available to public Part VI line 19

gOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE PRESENTED AT EACH BOARD MEETING AND AVAILABLE TO PUBLIC IN MAILBOX OUTSIDE DIRECTORS OFFICE

Filing and Contact Details

Filer

Filer Name
Bloomington Developmental Learning Center INC
EIN
35-1784455
Address
1807 S Highland Ave, Bloomington, IN 47401

Signing Officer

Name
John Poage
Title
Treasurer
Phone
8123356600
Signed
2022-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
In
Voting Board Members
20
Independent Board Members
2
Employees
75
Volunteers
75

Preparer

Firm
John Poage CPA PC
Address
4316 E Bill Mallory Blvd, Bloomington, IN 47401
Preparer
John Poage
Phone
8123450223
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11President
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt13Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt19Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Assistant Director
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IRS990/FormationYr01989
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IRS990/FundraisingActivitiesInd0false
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IRS990/GrossReceiptsAmt01152403
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/InformationTechnologyGrp/TotalAmt03524
IRS990/InsuranceGrp/ManagementAndGeneralAmt09166
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IRS990/InterestGrp/ManagementAndGeneralAmt016176
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IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipAccumDeprecAmt0423059
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0212309
IRS990/LandBldgEquipCostOrOtherBssAmt0635368
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0AS A NOT-FOR-PROFIT CHILDCARE PROVIDER,BDLC FOSTERS THE EMOTIONAL,SOCIAL,AND EDUCATIONAL DEVELOPMNT OF CHILDREN AGES 6 WKS TO 6 YRS. AT BDLC,CHILDREN,FAMILIES,STAFF,AND TEACHERS WORK TOGETHER IN A DIVERSE,CARING,AND COMMUNITY-ORIENTED ENVIRONMENT TO DEVELOP THE UNIQUE POTENTIAL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0379039
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IRS990/NondeductibleContributionsInd0false
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IRS990/OccupancyGrp/TotalAmt091782
IRS990/OfficeExpensesGrp/ProgramServicesAmt04574
IRS990/OfficeExpensesGrp/TotalAmt04574
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033989
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033989
IRS990/OtherExpensesGrp/Desc0KITCHEN-FOOD AND MEALS
IRS990/OtherExpensesGrp/Desc1ROOM SUPPLIES AND EXPENSES
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IRS990/OtherExpensesGrp/ProgramServicesAmt113423
IRS990/OtherExpensesGrp/TotalAmt081154
IRS990/OtherExpensesGrp/TotalAmt113423
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0698189
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt056055
IRS990/PayrollTaxesGrp/TotalAmt056055
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/Desc0CHILDCARE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01123762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01123762
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0257
IRS990/PYOtherExpensesAmt0343421
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IRS990/PYSalariesCompEmpBnftPaidAmt0692260
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01152403
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126594
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0137309
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0385875
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0523184
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037184
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037184
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010192
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MONROE CTY FOUNDATION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0212309
IRS990ScheduleD/TotalBookValueProgramRltdAmt010192
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION IS RUN BY MEMBERS WHO CAN ELECT NEW MEMBERS VIA MAJORITY VOTE. NUMBER OF MEMBERS IS LIMITED IN THE ORGANIZATIONS BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DECISIONS RELATED TO ORGANIZATION BUDGET, MANAGEMENT OF ORGANIZATION, AND HIRING OF EXECUTIVE DIRECTOR ARE RESERVED TO MEMBERS OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT REGULAR MEETING. TREASURER DISCUSSES RETURN AND ALLOWS MEMBERS TO ASK QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EVERY YEAR, EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST FORM STATING WHETHER THEY HAVE ANY CONFLICTS. THE EXECUTIVE COMMITTEE REVIEWS THE FORMS AND ADDRESSES ANY ISSUES IMMEDIATELY AND BRINGS CONCERNS BEFORE OTHER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION INCLUDED A REVIEW OF COMPERABLE CENTERS IN MONROE COUNTY VIA AN INCOME SURVEY CONDUCTED IN 2006 AND 2014, AND ON THE PREVIOUS EXECUTIVE DIRECTORS SALARY. ACTUAL OMPENSATION WAS DETERMINED IN AN EXECUTIVE COMMITTEE METTING AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS FOR DETERMINING COMPENSATION INCLUDED A REVIEW OF COMPERABLE CENTERS IN MONROE COUNTY VIA AN INCOME SURVEY CONDUCTED IN 2006 AND 2014. TEACHER AND PART TIME STAFF WAS BASED ON THE SURVEY. ACTUAL COMPENSATION WAS DETERMINED IN AN EXECUTIVE COMMITTEE MEETING AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTSARE PRESENTED AT EACH BOARD MEETING AND AVAILABLE TO THE PUBLIC IN MAILBOX OUTSIDE DIRECTORS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7gOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE PRESENTED AT EACH BOARD MEETING AND AVAILABLE TO PUBLIC IN MAILBOX OUTSIDE DIRECTORS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.38$0.72$1.51$1.48$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.35$0.72$1.39$1.48$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.37$0.82$2.09$1.39$0.70
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.96$0.18$1.15$1.15$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.32$0.01$1.02$1.00$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.31$0.03$1.03$0.98$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.34$0.07$0.92$0.97$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.35$0.02$0.91$0.91$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.37$0.02$0.89$0.88$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.38$0.04$0.89$0.86$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.36$0.42$0.06$0.86$0.87$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.42$0.05$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.40$0.03$0.86