Civic Intelligence

Happy Time Child Development Center Inc

990 • Fiscal year 2016 • EIN 42-0982401

Oct 01, 2015 to Sep 30, 2016 • Filed on Dec 21, 2016

Refreshing map…

1310 W 1st StVinton, IA 52349

(319) 472-4840

Siviq Scores

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

Liabilities / Assets

85th percentile

0.56x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.87x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

65th percentile

9.3%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

56th percentile

$26,832

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

60th percentile

5.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

-1.1%

Faster revenue growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$603,486

Up $29,370 (+5.1%) from 2015

Net Assets

Up

$267,657

Up $36,009 (+16%) from 2015

Liabilities

Down

$335,829

Down $6,639 (-1.9%) from 2015

Revenue

Down

$386,165

Down $4,154 (-1.1%) from 2015

Expenses

Up

$350,156

Up $13,878 (+4.1%) from 2015

Net Income

Down

$36,009

Down $18,032 (-33%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $497,801Liabilities 2010: $385,203Net Assets 2010: $112,5982010Assets 2011: $505,768Liabilities 2011: $366,541Net Assets 2011: $139,2272011Assets 2012: $501,993Liabilities 2012: $360,249Net Assets 2012: $141,7442012Assets 2013: $490,540Liabilities 2013: $356,091Net Assets 2013: $134,4492013Assets 2014: $527,705Liabilities 2014: $350,098Net Assets 2014: $177,6072014Assets 2015: $574,116Liabilities 2015: $342,468Net Assets 2015: $231,6482015Assets 2016: $603,486Liabilities 2016: $335,829Net Assets 2016: $267,6572016Assets 2017: $589,557Liabilities 2017: $329,106Net Assets 2017: $260,4512017Assets 2018: $564,926Liabilities 2018: $325,844Net Assets 2018: $239,0822018Assets 2019: $530,151Liabilities 2019: $317,122Net Assets 2019: $213,0292019Assets 2020: $688,647Liabilities 2020: $477,135Net Assets 2020: $211,5122020Assets 2021: $1,134,274Liabilities 2021: $821,284Net Assets 2021: $312,9902021Assets 2022: $1,101,667Liabilities 2022: $561,304Net Assets 2022: $540,3632022Assets 2023: $985,461Liabilities 2023: $518,694Net Assets 2023: $466,7672023Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2016

Assets$603,486
Liabilities$335,829
Net Assets$267,657

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $379,928Expenses 2010: $411,752Net Income 2010: -$31,8242010Revenue 2011: $356,405Expenses 2011: $330,321Net Income 2011: $26,0842011Expenses 2012: $337,5242012Revenue 2013: $327,301Expenses 2013: $334,596Net Income 2013: -$7,2952013Revenue 2014: $356,867Expenses 2014: $313,709Net Income 2014: $43,1582014Revenue 2015: $390,319Expenses 2015: $336,278Net Income 2015: $54,0412015Revenue 2016: $386,165Expenses 2016: $350,156Net Income 2016: $36,0092016Revenue 2017: $406,846Expenses 2017: $414,052Net Income 2017: -$7,2062017Revenue 2018: $382,264Expenses 2018: $403,633Net Income 2018: -$21,3692018Revenue 2019: $445,282Expenses 2019: $471,333Net Income 2019: -$26,0512019Revenue 2020: $560,912Expenses 2020: $562,429Net Income 2020: -$1,5172020Revenue 2021: $789,519Expenses 2021: $688,041Net Income 2021: $101,4782021Revenue 2022: $875,078Expenses 2022: $647,705Net Income 2022: $227,3732022Revenue 2023: $491,002Expenses 2023: $564,598Net Income 2023: -$73,5962023Revenue 2025: $176,666Expenses 2025: $552,776Net Income 2025: -$376,1102025

Highlighted filing

2016

Revenue$386,165
Expenses$350,156
Net Income$36,009
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Dec 21, 2016
Return Version
2015v2.0
Gross Receipts
$386,165
Mission and Program Overview

Mission

Child care and preschool services are provided to area children. Services are available to all children; reduced rates and no-charge services are provided for low income families not able to pay. Care includes educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$409,170$404,537▼ $4,633
Cash and Non-Interest-Bearing Accounts$144,409$167,632▲ $23,223
Savings and Temporary Cash Investments$17,152$25,600▲ $8,448
Accounts Receivable$3,385$5,716▲ $2,331
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$574,116$603,486▲ $29,370
Other Assets Total-$1-
Liabilities
Mortgage Notes Payable Secured by Investment Property$335,492$328,445▼ $7,047
Other Liabilities$6,747$7,084▲ $337
Accounts Payable and Accrued Expenses$229$300▲ $71
Total Liabilities$342,468$335,829▼ $6,639
Net Assets / Fund Balance
Unrestricted Net Assets$231,648$267,657▲ $36,009
Total Net Assets Fund Balance$231,648$267,657▲ $36,009
Total Liabilities and Net Assets / Fund Balance$574,116$603,486▲ $29,370

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$379,037$216,871$595,908
Land$25,500-$25,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stacey FarmerProgram DirectorFT$26,832$26,832

Board Members and Trustees

NameTitle
Chris NydleVice President
Corynne DownsDirector
Melissa SchwannDirector
Tricia FloydDirector
Rosie Santoiemma-KloppingSecretary
Laura McClureTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$384,864
Investment Income
$0
Other Revenue
$1,301
Change in Net Assets
$36,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$258,789
Other Expenses$91,367
Total Fundraising Expense$665
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$195,143$18,595-$213,738
Current Officers, Directors, Trustees, and Key Employees$24,498$2,334-$26,832
Payroll Taxes$16,634$1,585-$18,219
Occupancy$15,978$1,522-$17,500
Depreciation Depletion$14,549$1,386-$15,935
Interest$14,382$1,371-$15,753
Insurance$6,577$627-$7,204
All Other Expenses$3,204$297$665$4,166
Office Expenses$3,264$311-$3,575
Other Expenses$1,625$389-$1,625
Advertising$1,191$114-$1,305
Fees for Services Accounting-$400-$400
Travel$196$19-$215
Total Functional Expenses$320,541$28,950$665$350,156
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$5,372
Accrued Payroll Taxes$1,712
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Happy Time Child Development Center Inc
EIN
42-0982401
Phone
3194724840
Address
1310 W 1st St, Vinton, IA 52349

Signing Officer

Name
Stacey Farmer
Title
Executive Director
Signed
2016-12-21
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
0
Employees
40
Volunteers
5

Preparer

Firm
Mcclure Financial Services
Address
412 1ST AVENUE, VINTON, IA 52349
Preparer
Laura McClure-Fleck
Phone
3194722950
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01585
IRS990/PayrollTaxesGrp/ProgramServicesAmt016634
IRS990/PayrollTaxesGrp/TotalAmt018219
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/BusinessCd1624410
IRS990/ProgramServiceRevenueGrp/BusinessCd2624410
IRS990/ProgramServiceRevenueGrp/BusinessCd3624410
IRS990/ProgramServiceRevenueGrp/Desc0CACFP (Food Program)
IRS990/ProgramServiceRevenueGrp/Desc1Daycare Income
IRS990/ProgramServiceRevenueGrp/Desc2Field Trip Income
IRS990/ProgramServiceRevenueGrp/Desc3Other childcare income
IRS990/ProgramServiceRevenueGrp/Desc4Security Deposited Recd
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018189
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1374828
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2465
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31568
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1374828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2465
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31568
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4163
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0102872
IRS990/PYOtherRevenueAmt01
IRS990/PYProgramServiceRevenueAmt0390318
IRS990/PYRevenuesLessExpensesAmt054041
IRS990/PYSalariesCompEmpBnftPaidAmt0233406
IRS990/PYTotalExpensesAmt0336278
IRS990/PYTotalRevenueAmt0390319
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt036009
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017152
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025600
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01543
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02806
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04849
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0386164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0390318
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0356337
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0322802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0314946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01770567
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt018
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02956
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt022289
IRS990ScheduleA/OtherIncome509Grp/TotalAmt025275
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98600
IRS990ScheduleA/PublicSupportPY509Pct00.97500
IRS990ScheduleA/PublicSupportTotal509Amt01775416
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0386164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0390318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0356837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0324345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0317752
IRS990ScheduleA/Total509Grp/TotalAmt01775416
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0386165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0390319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0356868
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0327307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0340050
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01800709
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0379037
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0216871
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0595908
IRS990ScheduleD/LandGrp/BookValueAmt025500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11712
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL TAXES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0404537
IRS990ScheduleD/TotalLiabilityAmt07084
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0574116
IRS990/TotalAssetsEOYAmt0603486
IRS990/TotalAssetsGrp/BOYAmt0574116

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.18$0.55$0.38
2023Summary only. Only limited summary data is available for this year.$0.99$0.52$0.47$0.49$0.56$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.56$0.54$0.88$0.65$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.82$0.31$0.79$0.69$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.48$0.21$0.56$0.56$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.32$0.21$0.45$0.47$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.33$0.24$0.38$0.40$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.33$0.26$0.41$0.41$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.34$0.27$0.39$0.35$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.34$0.23$0.39$0.34$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.35$0.18$0.36$0.31$0.04
2013Summary only. Only limited summary data is available for this year.$0.49$0.36$0.13$0.33$0.33$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.36$0.14$0.34
2011Summary only. Only limited summary data is available for this year.$0.51$0.37$0.14$0.36$0.33$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.39$0.11$0.38$0.41$0.03