Civic Intelligence

The Red Balloon Child Care Center Inc.

990 • Fiscal year 2017 • EIN 39-1420185

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 05, 2018

1417 S 13th StreetLA Crosse, WI 54601

(608) 784-9406

Siviq Scores

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

Liabilities / Assets

80th percentile

0.49x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.44x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

46th percentile

$53,316

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

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

Asset Growth

8th percentile

-14%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

72nd percentile

19%

Faster revenue growth than 72% of similar nonprofits.

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

Assets

Down

$1,347,501

Down $225,537 (-14%) from 2016

Net Assets

Down

$683,371

Down $199,511 (-23%) from 2016

Liabilities

Down

$664,130

Down $26,026 (-3.8%) from 2016

Revenue

Up

$1,518,948

Up $237,354 (+19%) from 2016

Expenses

Up

$1,717,309

Up $341,814 (+25%) from 2016

Net Income

Down

-$198,361

Down $104,460 (-111%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,145,215Liabilities 2011: $299,835Net Assets 2011: $845,3802011Assets 2012: $963,362Liabilities 2012: $88,440Net Assets 2012: $874,9222012Assets 2013: $1,069,242Liabilities 2013: $111,058Net Assets 2013: $958,1842013Assets 2014: $1,102,947Liabilities 2014: $109,299Net Assets 2014: $993,6482014Assets 2015: $1,050,181Liabilities 2015: $73,398Net Assets 2015: $976,7832015Assets 2016: $1,573,038Liabilities 2016: $690,156Net Assets 2016: $882,8822016Assets 2017: $1,347,501Liabilities 2017: $664,130Net Assets 2017: $683,3712017Assets 2018: $1,132,707Liabilities 2018: $645,413Net Assets 2018: $487,2942018Assets 2019: $997,321Liabilities 2019: $621,922Net Assets 2019: $375,3992019Assets 2020: $1,037,439Liabilities 2020: $791,632Net Assets 2020: $245,8072020Assets 2022: $1,028,651Liabilities 2022: $529,214Net Assets 2022: $499,4372022Assets 2023: $1,045,410Liabilities 2023: $529,655Net Assets 2023: $515,7552023Assets 2024: $915,955Liabilities 2024: $512,726Net Assets 2024: $403,2292024Assets 2025: $810,972Liabilities 2025: $125,742Net Assets 2025: $685,2302025

Highlighted filing

2017

Assets$1,347,501
Liabilities$664,130
Net Assets$683,371

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,316,7412011Revenue 2012: $1,408,939Expenses 2012: $1,379,397Net Income 2012: $29,5422012Revenue 2013: $1,460,024Expenses 2013: $1,376,762Net Income 2013: $83,2622013Revenue 2014: $1,408,058Expenses 2014: $1,372,494Net Income 2014: $35,5642014Revenue 2015: $1,331,104Expenses 2015: $1,347,469Net Income 2015: -$16,3652015Revenue 2016: $1,281,594Expenses 2016: $1,375,495Net Income 2016: -$93,9012016Revenue 2017: $1,518,948Expenses 2017: $1,717,309Net Income 2017: -$198,3612017Revenue 2018: $1,333,059Expenses 2018: $1,529,136Net Income 2018: -$196,0772018Revenue 2019: $1,325,193Expenses 2019: $1,437,088Net Income 2019: -$111,8952019Revenue 2020: $898,616Expenses 2020: $1,028,208Net Income 2020: -$129,5922020Revenue 2022: $976,572Expenses 2022: $1,058,743Net Income 2022: -$82,1712022Revenue 2023: $1,180,790Expenses 2023: $1,164,472Net Income 2023: $16,3182023Revenue 2024: $1,087,089Expenses 2024: $1,199,615Net Income 2024: -$112,5262024Revenue 2025: $1,291,373Expenses 2025: $1,009,372Net Income 2025: $282,0012025

Highlighted filing

2017

Revenue$1,518,948
Expenses$1,717,309
Net Income-$198,361
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 5, 2018
Return Version
2016v3.0
Gross Receipts
$1,521,004
Mission and Program Overview

Mission

Red balloon works diligently to improve the health and safety of their children at all of their locations and they remain proud to serve the coulee region. Parents can take comfort in choosing a quality and safe program, while their children feel secure as their natural curiosity entices them to explore relationships and the simulating environment around them. The way a teacher or caregiver relates to a child, how much time they spend with them and the opportunity they provide for learning influences what kind of person the child becomes. Red balloon affirms this process and offers many opportunities for the development of mind and body. They believe that parents are the most important people in a child's world. Therefore, they encourage their active interest and participation in their program whenever possible. Together they will be able to offer children a positive beginning. They believe in a home-like, child friendly and developmentally appropriate atmosphere. They believe in a saf

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,137,053$1,100,201▼ $36,852
Savings and Temporary Cash Investments$298,733$190,023▼ $108,710
Accounts Receivable$78,105$28,939▼ $49,166
Cash and Non-Interest-Bearing Accounts$47,937$24,232▼ $23,705
Prepaid Expenses and Deferred Charges$11,210$4,106▼ $7,104
Total Assets$1,573,038$1,347,501▼ $225,537
Liabilities
Mortgage Notes Payable Secured by Investment Property$570,759$554,231▼ $16,528
Other Liabilities$103,650$101,061▼ $2,589
Accounts Payable and Accrued Expenses$15,747$8,838▼ $6,909
Total Liabilities$690,156$664,130▼ $26,026
Net Assets / Fund Balance
Unrestricted Net Assets$882,882$683,371▼ $199,511
Total Net Assets Fund Balance$882,882$683,371▼ $199,511
Total Liabilities and Net Assets / Fund Balance$1,573,038$1,347,501▼ $225,537

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$811,173$115,652$926,825
Equipment$82,099$205,049$287,148
Leasehold Improvements$67,273$181,905$249,178
Land$139,656-$139,656
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan LuceyFinancial DiFT$53,316$53,316
Jennie BuchholtzExecutive DiFT$53,092$53,092

Board Members and Trustees

NameTitle
Lisa HammesPresident
Bernie LuceyDirector
Beth HillDirector
Christine Mcardie RojoDirector
Corrina KettnerDirector
Kelsea DavisDirector
Brooke SmithPublic Relat
Jay ChristiansonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,518,469
Investment Income
$-693
Other Revenue
$1,172
Change in Net Assets
$-198,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,265,723
Other Expenses$451,586
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$909,567$97,427-$1,006,994
Current Officers, Directors, Trustees, and Key Employees$21,281$85,126-$106,407
Payroll Taxes$77,437$15,186-$92,623
Occupancy$65,434$7,271-$72,705
Depreciation Depletion$58,687--$58,687
Other Employee Benefits$55,013--$55,013
All Other Expenses$38,618--$38,618
Interest$25,471--$25,471
Insurance$23,451--$23,451
Advertising$19,872--$19,872
Other Expenses$10,461$2,748-$10,461
Pension Plan Contributions$2,132$2,554-$4,686
Fees for Services Accounting$1,386--$1,386
Total Functional Expenses$1,499,976$217,333$0$1,717,309
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,120
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$56,463
Accrued Wages$42,503
Accrued Real Estate Taxes$1,376
Payroll Liabilities$719
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Board of directors reviews form 990 for completness and accuracy prior to filing.

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

The board of directors handles all issues that arise due to conflicts of interest.

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

The board of directors is responsible for completing the performance evaluation and wage increase for the executive director every year.

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

The executive director performs the employee reviews for the staff and management team and others may be involved too. The board of directors also reviews and approves all employee wage increases with each budget year. Consideration is given to each employees education, continuing education, longevity, and work experience. The board of directors is responsible for completing the performance evaluation and wage increase for the executive director every year.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the department of public instruction, where they are accessible to the public.

Filing and Contact Details

Filer

Filer Name
Red Balloon Early Learning Centers
EIN
39-1420185
Phone
6087849406
Address
1417 S 13TH STREET, LA CROSSE, WI 54601

Signing Officer

Name
Jennie Buchholtz
Title
Executive Director
Phone
6087849406
Signed
2018-01-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennie Buchholtz
Formed
1982
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
89

Preparer

Firm
Jrm Cpas
Address
2511 MAIN ST STE 101, ONALASKA, WI 54650-6759
Preparer
Edward R Jaekel
Phone
6087818712
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Red balloon works diligently to improve the health and safety of their children at all of their locations and they remain proud to serve the coulee region. Parents can take comfort in choosing a quality and safe program, while their children feel secure as their natural curiosity entices them to explore relationships and the simulating environment around them. The way a teacher or caregiver relates to a child, how much time they spend with them and the opportunity they provide for learning influences what kind of person the child becomes. Red balloon affirms this process and offers many opportunities for the development of mind and body. They believe that parents are the most important people in a child's world. Therefore, they encourage their active interest and participation in their program whenever possible. Together they will be able to offer children a positive beginning. They believe in a home-like, child friendly and developmentally appropriate atmosphere. They believe in a safe and stimulating environment where children play a significant role in their day and choosing activities at their own pace. It is their goal to continuously evaluate and better their programs.

Form 990, Page 2, Part III, Line 4A

Adult and parent education programs are offered at no charge. Nutrition program: this program and meals are provided with funding in part from the dept. Of public instruction child and adult care food program. They meet and exceed quality nutrition by serving healthy meals to children regardless of income, race, creed, culture, family situation, age, gender, etc. And follow all food program guidelines. They embrace the initiative for better health by partnering in the community with allied health of la crosse wi to provide education to staff and parents as well as employing a physical education teacher to implement a phy ed program. Children are encouraged to get 120 minutes of focused physical activity per day. Child care: children ages 2wks to 12 years receive child care during the hours of 6 a.m. And 8 p.m. Monday through friday and 6 a.m. To 5 p.m. Saturday and this is what fees are charged to cover. They serve all families without discrimination. Their current population, which is variable, has approximately 40% low income families being served.

Form 990, Part XI, Line 9

Nondeductible fines/penalties -1,150

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RED BALLOON WORKS DILIGENTLY TO IMPROVE THE HEALTH AND SAFETY OF THEIR CHILDREN AT ALL OF THEIR LOCATIONS AND THEY REMAIN PROUD TO SERVE THE COULEE REGION. PARENTS CAN TAKE COMFORT IN CHOOSING A QUALITY AND SAFE PROGRAM, WHILE THEIR CHILDREN FEEL SECURE AS THEIR NATURAL CURIOSITY ENTICES THEM TO EXPLORE RELATIONSHIPS AND THE SIMULATING ENVIRONMENT AROUND THEM. THE WAY A TEACHER OR CAREGIVER RELATES TO A CHILD, HOW MUCH TIME THEY SPEND WITH THEM AND THE OPPORTUNITY THEY PROVIDE FOR LEARNING INFLUENCES WHAT KIND OF PERSON THE CHILD BECOMES. RED BALLOON AFFIRMS THIS PROCESS AND OFFERS MANY OPPORTUNITIES FOR THE DEVELOPMENT OF MIND AND BODY. THEY BELIEVE THAT PARENTS ARE THE MOST IMPORTANT PEOPLE IN A CHILD'S WORLD. THEREFORE, THEY ENCOURAGE THEIR ACTIVE INTEREST AND PARTICIPATION IN THEIR PROGRAM WHENEVER POSSIBLE. TOGETHER THEY WILL BE ABLE TO OFFER CHILDREN A POSITIVE BEGINNING. THEY BELIEVE IN A HOME-LIKE, CHILD FRIENDLY AND DEVELOPMENTALLY APPROPRIATE ATMOSPHERE. THEY BELIEVE IN A SAFE AND STIMULATING ENVIRONMENT WHERE CHILDREN PLAY A SIGNIFICANT ROLE IN THEIR DAY AND CHOOSING ACTIVITIES AT THEIR OWN PACE. IT IS THEIR GOAL TO CONTINUOUSLY EVALUATE AND BETTER THEIR PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADULT AND PARENT EDUCATION PROGRAMS ARE OFFERED AT NO CHARGE. NUTRITION PROGRAM: THIS PROGRAM AND MEALS ARE PROVIDED WITH FUNDING IN PART FROM THE DEPT. OF PUBLIC INSTRUCTION CHILD AND ADULT CARE FOOD PROGRAM. THEY MEET AND EXCEED QUALITY NUTRITION BY SERVING HEALTHY MEALS TO CHILDREN REGARDLESS OF INCOME, RACE, CREED, CULTURE, FAMILY SITUATION, AGE, GENDER, ETC. AND FOLLOW ALL FOOD PROGRAM GUIDELINES. THEY EMBRACE THE INITIATIVE FOR BETTER HEALTH BY PARTNERING IN THE COMMUNITY WITH ALLIED HEALTH OF LA CROSSE WI TO PROVIDE EDUCATION TO STAFF AND PARENTS AS WELL AS EMPLOYING A PHYSICAL EDUCATION TEACHER TO IMPLEMENT A PHY ED PROGRAM. CHILDREN ARE ENCOURAGED TO GET 120 MINUTES OF FOCUSED PHYSICAL ACTIVITY PER DAY. CHILD CARE: CHILDREN AGES 2WKS TO 12 YEARS RECEIVE CHILD CARE DURING THE HOURS OF 6 A.M. AND 8 P.M. MONDAY THROUGH FRIDAY AND 6 A.M. TO 5 P.M. SATURDAY AND THIS IS WHAT FEES ARE CHARGED TO COVER. THEY SERVE ALL FAMILIES WITHOUT DISCRIMINATION. THEIR CURRENT POPULATION, WHICH IS VARIABLE, HAS APPROXIMATELY 40% LOW INCOME FAMILIES BEING SERVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWS FORM 990 FOR COMPLETNESS AND ACCURACY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS HANDLES ALL ISSUES THAT ARISE DUE TO CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS IS RESPONSIBLE FOR COMPLETING THE PERFORMANCE EVALUATION AND WAGE INCREASE FOR THE EXECUTIVE DIRECTOR EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR PERFORMS THE EMPLOYEE REVIEWS FOR THE STAFF AND MANAGEMENT TEAM AND OTHERS MAY BE INVOLVED TOO. THE BOARD OF DIRECTORS ALSO REVIEWS AND APPROVES ALL EMPLOYEE WAGE INCREASES WITH EACH BUDGET YEAR. CONSIDERATION IS GIVEN TO EACH EMPLOYEES EDUCATION, CONTINUING EDUCATION, LONGEVITY, AND WORK EXPERIENCE. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR COMPLETING THE PERFORMANCE EVALUATION AND WAGE INCREASE FOR THE EXECUTIVE DIRECTOR EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE MADE AVAILABLE TO THE DEPARTMENT OF PUBLIC INSTRUCTION, WHERE THEY ARE ACCESSIBLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NONDEDUCTIBLE FINES/PENALTIES -1,150
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.81$0.13$0.69$1.29$1.01$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.51$0.40$1.09$1.20$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.53$0.52$1.18$1.16$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.53$0.50$0.98$1.06$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.79$0.25$0.90$1.03$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.62$0.38$1.33$1.44$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.65$0.49$1.33$1.53$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.35$0.66$0.68$1.52$1.72$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.69$0.88$1.28$1.38$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.07$0.98$1.33$1.35$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.11$0.99$1.41$1.37$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.11$0.96$1.46$1.38$0.08
2012Summary only. Only limited summary data is available for this year.$0.96$0.09$0.87$1.41$1.38$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.30$0.85$1.32