Civic Intelligence

Davis County Day Care Center

990 • Fiscal year 2018 • EIN 42-1097111

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Refreshing map…

200 N East Street Suite 1Bloomfield, IA 52537

(641) 664-3130

Siviq Scores

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

Liabilities / Assets

87th percentile

0.56x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

1.11x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

24th percentile

-6.0%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$663,961

Down $42,253 (-6.0%) from 2017

Net Assets

Down

$288,957

Down $45,676 (-14%) from 2017

Liabilities

Up

$375,004

Up $3,423 (+0.9%) from 2017

Revenue

Down

$336,526

Down $71,581 (-18%) from 2017

Expenses

Down

$382,202

Down $44,128 (-10%) from 2017

Net Income

Down

-$45,676

Down $27,453 (-151%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $874,633Liabilities 2011: $406,171Net Assets 2011: $468,4622011Assets 2012: $848,622Liabilities 2012: $395,928Net Assets 2012: $452,6942012Assets 2013: $817,257Liabilities 2013: $397,576Net Assets 2013: $419,6812013Assets 2014: $795,465Liabilities 2014: $388,009Net Assets 2014: $407,4562014Assets 2015: $756,614Liabilities 2015: $384,818Net Assets 2015: $371,7962015Assets 2016: $738,583Liabilities 2016: $385,727Net Assets 2016: $352,8562016Assets 2017: $706,214Liabilities 2017: $371,581Net Assets 2017: $334,6332017Assets 2018: $663,961Liabilities 2018: $375,004Net Assets 2018: $288,9572018Assets 2019: $635,827Liabilities 2019: $377,314Net Assets 2019: $258,5132019Assets 2020: $612,516Liabilities 2020: $359,465Net Assets 2020: $253,0512020

Highlighted filing

2018

Assets$663,961
Liabilities$375,004
Net Assets$288,957

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $371,585Expenses 2011: $379,307Net Income 2011: -$7,7222011Revenue 2012: $405,680Expenses 2012: $421,448Net Income 2012: -$15,7682012Revenue 2013: $397,475Expenses 2013: $424,991Net Income 2013: -$27,5162013Revenue 2014: $390,379Expenses 2014: $403,041Net Income 2014: -$12,6622014Revenue 2015: $349,435Expenses 2015: $385,029Net Income 2015: -$35,5942015Revenue 2016: $406,540Expenses 2016: $425,480Net Income 2016: -$18,9402016Revenue 2017: $408,107Expenses 2017: $426,330Net Income 2017: -$18,2232017Revenue 2018: $336,526Expenses 2018: $382,202Net Income 2018: -$45,6762018Revenue 2019: $302,263Expenses 2019: $332,707Net Income 2019: -$30,4442019Revenue 2020: $288,726Expenses 2020: $294,188Net Income 2020: -$5,4622020

Highlighted filing

2018

Revenue$336,526
Expenses$382,202
Net Income-$45,676
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$336,526
Mission and Program Overview

Mission

To provide daycare and preschool facilities for low income persons. Will provide quality care for children from six weeks of age through age 12. Before and after school care. We are dedicated to meeting the needs of children at each stage of development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$691,155$663,435▼ $27,720
Cash and Non-Interest-Bearing Accounts$8,956--
Savings and Temporary Cash Investments$6,103$526▼ $5,577
Total Assets$706,214$663,961▼ $42,253
Liabilities
Mortgage Notes Payable Secured by Investment Property$362,491$362,491→ $0
Unsecured Notes Loans Payable$5,000$5,000→ $0
Other Liabilities$2,179$4,127▲ $1,948
Accounts Payable and Accrued Expenses$1,911$3,386▲ $1,475
Total Liabilities$371,581$375,004▲ $3,423
Net Assets / Fund Balance
Unrestricted Net Assets$334,633$288,957▼ $45,676
Total Net Assets Fund Balance$334,633$288,957▼ $45,676
Total Liabilities and Net Assets / Fund Balance$706,214$663,961▼ $42,253

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$663,435$377,924$1,041,359
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joni HeltonPresident
Amanda PrevoDirector
Cassandra WhiteDirector
Lindsey RouttDirector
Melissa MckayDirector
Charlotte RodgersDirector at
Christine BrownDirector at
Shane CampbellDirector at
Chris MillerCity County
Danelle HowardSchool Rep
Jennifer DonelsSchool Rep
Jennifer BarkerSchool Repre
Teresa MossSecretary/tr
Jason BellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,000
Program Service Revenue
$299,526
Investment Income
$0
Other Revenue
$35,000
Change in Net Assets
$-45,676
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$251,090
Other Expenses$131,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$232,749--$232,749
Occupancy$34,763--$34,763
Depreciation Depletion$27,720--$27,720
Payroll Taxes$18,341--$18,341
Insurance$14,200--$14,200
Office Expenses$3,545--$3,545
Fees for Services Accounting$1,595--$1,595
Other Expenses$1,023--$1,023
All Other Expenses$978--$978
Travel$347--$347
Advertising$65--$65
Total Functional Expenses$382,202$0$0$382,202
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Accounts Receivable$2,222
Checking Account Short$1,905
Governance and Compliance

Governance Checklist

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

The form 990 will be reviewed by the entire board either at a regular or special board meeting.

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

The day care board is composed completely of volunteers. They work closely with the day care director to keep up with the government regulations concerning child care laws. The board has a written conflict of interest policy for employee and board member relationships. Also in relationships between director and employees. Whistleblower policy and a disaster and emergency backup plan is continually being updated. They are continuing to work with an attorney to review their articles of incorporation to make sure that they are up to date with state of iowa law changes.

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

There is no ceo or executive director of the the organization. The board is completely volunteer and decisions are voted upon by the board.

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

The highest paid employee is the day care program director the annual salary has always been under 30,000. All other employees are paid on an hourly basis. The salary is set by the board.

Form 990, Page 6, Part VI, Line 19

Iowa does not require a copy of the form 990, but a copy is available at all times at the day care office located in bloomfield, iowa. These documents are available upon request by the public.

Filing and Contact Details

Filer

Filer Name
Davis County Day Care Center
EIN
42-1097111
Phone
6416643130
Address
200 N EAST STREET SUITE 1, BLOOMFIELD, IA 52537

Signing Officer

Name
Joni Helton
Title
President
Phone
6416643130
Signed
2019-11-15

Organization Details

Principal Officer
Joni Helton
Formed
1978
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
35

Preparer

Firm
Davis & Lewis Plc
Address
PO BOX 369, OTTUMWA, IA 52501-0369
Preparer
Kyle R Merry
Phone
6416828117
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide daycare and preschool facilities for low income persons. Will provide quality care for children from six weeks of age through age 12. Before and after school care. We are dedicated to meeting the needs of children at each stage of development.

Form 990, Page 1, Part I, Line 6

All board members are voluntering their time for the administration of the the day care. Also have two high school students working as volunteers. Working with children directly. All fundraising activities are performed by volunteers

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISC OTHER INCOME 102,421
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0377924
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01041359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID ACCOUNTS RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHECKING ACCOUNT SHORT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0663435
IRS990ScheduleD/TotalLiabilityAmt04127
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE DAYCARE AND PRESCHOOL FACILITIES FOR LOW INCOME PERSONS. WILL PROVIDE QUALITY CARE FOR CHILDREN FROM SIX WEEKS OF AGE THROUGH AGE 12. BEFORE AND AFTER SCHOOL CARE. WE ARE DEDICATED TO MEETING THE NEEDS OF CHILDREN AT EACH STAGE OF DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE VOLUNTERING THEIR TIME FOR THE ADMINISTRATION OF THE THE DAY CARE. ALSO HAVE TWO HIGH SCHOOL STUDENTS WORKING AS VOLUNTEERS. WORKING WITH CHILDREN DIRECTLY. ALL FUNDRAISING ACTIVITIES ARE PERFORMED BY VOLUNTEERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE REVIEWED BY THE ENTIRE BOARD EITHER AT A REGULAR OR SPECIAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DAY CARE BOARD IS COMPOSED COMPLETELY OF VOLUNTEERS. THEY WORK CLOSELY WITH THE DAY CARE DIRECTOR TO KEEP UP WITH THE GOVERNMENT REGULATIONS CONCERNING CHILD CARE LAWS. THE BOARD HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR EMPLOYEE AND BOARD MEMBER RELATIONSHIPS. ALSO IN RELATIONSHIPS BETWEEN DIRECTOR AND EMPLOYEES. WHISTLEBLOWER POLICY AND A DISASTER AND EMERGENCY BACKUP PLAN IS CONTINUALLY BEING UPDATED. THEY ARE CONTINUING TO WORK WITH AN ATTORNEY TO REVIEW THEIR ARTICLES OF INCORPORATION TO MAKE SURE THAT THEY ARE UP TO DATE WITH STATE OF IOWA LAW CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS NO CEO OR EXECUTIVE DIRECTOR OF THE THE ORGANIZATION. THE BOARD IS COMPLETELY VOLUNTEER AND DECISIONS ARE VOTED UPON BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE HIGHEST PAID EMPLOYEE IS THE DAY CARE PROGRAM DIRECTOR THE ANNUAL SALARY HAS ALWAYS BEEN UNDER 30,000. ALL OTHER EMPLOYEES ARE PAID ON AN HOURLY BASIS. THE SALARY IS SET BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IOWA DOES NOT REQUIRE A COPY OF THE FORM 990, BUT A COPY IS AVAILABLE AT ALL TIMES AT THE DAY CARE OFFICE LOCATED IN BLOOMFIELD, IOWA. THESE DOCUMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
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
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IRS990/USAddress/AddressLine1Txt0200 N EAST STREET SUITE 1
IRS990/USAddress/CityNm0BLOOMFIELD
IRS990/USAddress/StateAbbreviationCd0IA
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