Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
EIN 41-2001068 • 501(c)3 • Rochester, MN
Profile
Good news children's center provides quality childcare to southeast minnesota families, in a safe environment that promotes life-long learning through developmentally appropriate and active learning cirriculum.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
60th percentile
Higher top officer pay than 60% of similar nonprofits.
Top officer pay equals 6.2% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Assets
Up$510,926
Up $210,550 (+70%) from 2023
Liabilities
Up$150,077
Up $84,633 (+129%) from 2023
Net Assets
Up$360,849
Up $125,917 (+54%) from 2023
Revenue
Up$1,354,212
Up $356,495 (+36%) from 2023
Expenses
Up$1,228,295
Up $159,704 (+15%) from 2023
Net Income
Up$125,917
Up $196,791 (+278%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Good news children's center provides quality childcare to southeast minnesota families, in a safe environment that promotes life-long learning skills through developmentally appropriate and active learning.
Good news children's center provides quality childcare to southeast minnesota families, in a safe environment that promotes life-long learning through developmentally appropriate and active learning curriculum.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $192,224 | $306,788 | ▲ $114,564 |
| Cash and Non-Interest-Bearing Accounts | $24,525 | $94,541 | ▲ $70,016 |
| Accounts Receivable | $38,112 | $70,292 | ▲ $32,180 |
| Land, Buildings, and Equipment, Net | $41,761 | $37,773 | ▼ $3,988 |
| Prepaid Expenses and Deferred Charges | $3,754 | $1,532 | ▼ $2,222 |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $300,376 | $510,926 | ▲ $210,550 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $55,900 | $134,260 | ▲ $78,360 |
| Deferred Revenue | $9,544 | $15,817 | ▲ $6,273 |
| Total Liabilities | $65,444 | $150,077 | ▲ $84,633 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $234,932 | $360,849 | ▲ $125,917 |
| Total Net Assets Fund Balance | $234,932 | $360,849 | ▲ $125,917 |
| Total Liabilities and Net Assets / Fund Balance | $300,376 | $510,926 | ▲ $210,550 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $37,773 | $41,421 | $79,194 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mary Anderson | Executive Director | FT | $70,975 | $12,889 | $83,864 |
| Name | Title |
|---|---|
| Natalie Mohammed | Chair |
| Chris Coon | Vice Chair |
| Becky Wendland | Director |
| Dana Hertzfeldt | Director |
| Karl Erickson | Director |
| Melissa Dickison | Director |
| Haley Walters | Secretary |
| Laura Meiners | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $943,768 |
| Other Expenses | $284,527 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $684,095 | $27,439 | - | $711,534 |
| Other Employee Benefits | $78,319 | $9,680 | - | $87,999 |
| Current Officers, Directors, Trustees, and Key Employees | $16,773 | $67,091 | - | $83,864 |
| Occupancy | $61,096 | $6,788 | - | $67,884 |
| Payroll Taxes | $53,730 | $6,641 | - | $60,371 |
| Fees for Services Accounting | $17,479 | $17,480 | - | $34,959 |
| Advertising | $19,615 | - | - | $19,615 |
| All Other Expenses | $17,348 | $1,762 | - | $19,110 |
| Insurance | $10,448 | $3,483 | - | $13,931 |
| Other Expenses | $6,010 | - | - | $6,010 |
| Depreciation Depletion | $3,687 | $301 | - | $3,988 |
| Office Expenses | $1,680 | $1,681 | - | $3,361 |
| Total Functional Expenses | $1,085,949 | $142,346 | $0 | $1,228,295 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,228,295 |
| Total Expenses per Audited Statements | $1,228,295 |
| Total Expenses per Form 990 | $1,228,295 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Form 990 is reviewed by the executive committee before filing.”
“Compensation for all employees is determined by the executive committee, this committee includes the executive director.”
“Documents are available upon request”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 70292 |
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| IRS990/ActivityOrMissionDesc | 0 | GOOD NEWS CHILDREN'S CENTER PROVIDES QUALITY CHILDCARE TO SOUTHEAST MINNESOTA FAMILIES, IN A SAFE ENVIRONMENT THAT PROMOTES LIFE-LONG LEARNING THROUGH DEVELOPMENTALLY APPROPRIATE AND ACTIVE LEARNING CURRICULUM. |
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| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 3687 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3988 |
| IRS990/Desc | 0 | GOOD NEWS CHILDREN'S CENTER PROVIDES QUALITY AND AFFORDABLE CHILDCARE TO ALL INCOME LEVEL FAMILIES. WE PROVIDE AGE APPROPRIATE ACTIVE LEARNING AND SCHOOL READINESS EDUCATION FOR INFANT TO CHILDREN THROUGH PRE-K. WE ALSO REFER PARENTS TO COMMUNITY INTERVENTION SERVICES THAT PROMOTE LIFE LONG SKILLS IN PHYSICAL, EMOTIONAL AND INTELLECTUAL DEVELOPMENT. |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
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| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/MissionDesc | 0 | GOOD NEWS CHILDREN'S CENTER PROVIDES QUALITY CHILDCARE TO SOUTHEAST MINNESOTA FAMILIES, IN A SAFE ENVIRONMENT THAT PROMOTES LIFE-LONG LEARNING THROUGH DEVELOPMENTALLY APPROPRIATE AND ACTIVE LEARNING CURRICULUM. |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 360849 |
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| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 87999 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOOD COSTS |
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| IRS990/OtherExpensesGrp/Desc | 2 | FOOD SERVICE SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | BANK FEES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 77744 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 25611 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 12314 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 6010 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 77744 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 25611 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 12314 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6010 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 550 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 550 |
| IRS990/OtherRevenueTotalAmt | 0 | 550 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 27439 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 684095 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 711534 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 6641 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 53730 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 60371 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3754 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1532 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CHILD CARE ASSISTANCE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CLIENT FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | FOOD PROGRAM |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 612441 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 559118 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 42613 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 612441 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 559118 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 42613 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 109139 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 3604 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 245427 |
| IRS990/PYOtherRevenueAmt | 0 | 275 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 884699 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -70874 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 823164 |
| IRS990/PYTotalExpensesAmt | 0 | 1068591 |
| IRS990/PYTotalRevenueAmt | 0 | 997717 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 125917 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 1214172 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 192224 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 306788 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 134526 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 109139 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 185793 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 117447 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 295591 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 842496 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 4964 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 3604 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 694 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 178 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 172 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 9612 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 1214172 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 884699 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 826658 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 852116 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 951525 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 4729170 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 4964 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 3604 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 694 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 178 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 172 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 9612 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00170 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00100 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 550 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 275 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 149 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 974 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99810 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99880 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 5571666 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1348698 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 993838 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1012451 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 969563 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1247116 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 5571666 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1354212 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 997717 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1013294 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 969741 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1247288 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 5582252 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 37773 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 41421 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 79194 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1228295 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1354212 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 37773 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1228295 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1354212 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1354212 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1228295 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMPENSATION FOR ALL EMPLOYEES IS DETERMINED BY THE EXECUTIVE COMMITTEE, THIS COMMITTEE INCLUDES THE EXECUTIVE DIRECTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DOCUMENTS ARE AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 15a |
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