Civic Intelligence

Theres Fun in Learning Education Corp

990EZ • Fiscal year 2018 • EIN 45-4869095

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

13625 Marigold RdPlainfield, IL 60544

(815) 729-2266

Siviq Scores

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

Liabilities / Assets

88th percentile

0.42x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

0.15x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

94th percentile

180%

Faster asset growth than 94% of similar nonprofits.

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

Revenue Growth

8th percentile

-58%

Faster revenue growth than 8% of similar nonprofits.

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

Assets

Up

$43,956

Up $28,232 (+180%) from 2017

Net Assets

Up

$25,583

Up $20,991 (+457%) from 2017

Liabilities

Up

$18,373

Up $7,241 (+65%) from 2017

Revenue

Down

$118,782

Down $165,297 (-58%) from 2017

Expenses

Down

$97,791

Down $182,853 (-65%) from 2017

Net Income

Up

$20,991

Up $17,556 (+511%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2014: $84,196Liabilities 2014: $37,842Net Assets 2014: $46,3542014Assets 2015: $75,517Liabilities 2015: $26,270Net Assets 2015: $49,2472015Assets 2016: $24,321Liabilities 2016: $23,164Net Assets 2016: $1,1572016Assets 2017: $15,724Liabilities 2017: $11,132Net Assets 2017: $4,5922017Assets 2018: $43,956Liabilities 2018: $18,373Net Assets 2018: $25,5832018

Highlighted filing

2018

Assets$43,956
Liabilities$18,373
Net Assets$25,583

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $370,994Expenses 2014: $324,640Net Income 2014: $46,3542014Revenue 2015: $303,780Expenses 2015: $300,887Net Income 2015: $2,8932015Revenue 2016: $208,423Expenses 2016: $213,308Net Income 2016: -$4,8852016Revenue 2017: $284,079Expenses 2017: $280,644Net Income 2017: $3,4352017Revenue 2018: $118,782Expenses 2018: $97,791Net Income 2018: $20,9912018

Highlighted filing

2018

Revenue$118,782
Expenses$97,791
Net Income$20,991
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$162,461
Mission and Program Overview

Mission

There's fun in learning education corp's purpose is to provide a quality early education curriculum to prepare children for school aged curriculums and to assist the communities we operate in with such education by making it affordable for those who desire the education.

Program Services

DescriptionGrantsExpenses
OUR MISSION IS TO PROVIDE AFFORDABLE CHILDCARE TO OUR COMMUNITY. WE ARE BY FAR THE LEAST EXPENSIVE SERVICE IN OUR COMMUNITY AND WE ARE 95% SUBSIDIZED BY THE STATE WHICH MEANS THAT 95% OF OUR CHILDREN COME FROM FAMILIES THAT ARE JUST ABOVE, AT, OR BELOW THE POVERTY LINE.-$97,791
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARLA POINDEXTERPresident-$0--
JASON POINDEXTERSecretary-$0--
CARMEN SMITHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Theres Fun in Learning Education Co
EIN
45-4869095
Phone
8157292266
Address
13625 MARIGOLD RD, PLAINFIELD, IL 60544

Signing Officer

Name
Jason Poindexter
Title
Secretary
Phone
8157292266
Signed
2019-11-14

Preparer

Firm
Foresight Accounting
Address
24047 W LOCKPORT ST SUITE 201E, PLAINFIELD, IL 60544
Preparer
Jason Poindexter
Phone
8157822307
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising expenses 14 office amount 3,412 information technology exp 144 travel expenses 5,163 interest expenses 2,218 insurance expenses 3,614 awards/student activities 433 bank service charges 1,398 books/class supplies 558 cacfp food program expens 6,241 charitable contributions 248 dues and subscriptions 358 equipment lease expense 3,870 janitorial services 115 licenses and permits 518 meals and entertainment 1,445 utilities 3,086 vehicle expenses 1,674 internet/telephone 2,909 security system 615 equipment expense 1,258 total 39,291

Form 990-ez, Part II, Line 24

0 42,800 other assets 0 0 total 0 42,800

Form 990-ez, Part II, Line 26

Other liabilities 0 0 credit cards 11,132 18,373 other current liabilities 0 0 sba loan 0 0

Form 990-ez, Part III

There's fun in learning education corp's purpose is to provide a quality early education curriculum to prepare children for school aged curriculums and to assist the communities we operate in with such education by making it affordable for those who desire the education.

Form 990-ez, Part III, Line 28

Our mission is to provide affordable childcare to our community. We are by far the least expensive service in our community and we are 95% subsidized by the state which means that 95% of our children come from families that are just above, at, or below the poverty line.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING EXPENSES 14 OFFICE AMOUNT 3,412 INFORMATION TECHNOLOGY EXP 144 TRAVEL EXPENSES 5,163 INTEREST EXPENSES 2,218 INSURANCE EXPENSES 3,614 AWARDS/STUDENT ACTIVITIES 433 BANK SERVICE CHARGES 1,398 BOOKS/CLASS SUPPLIES 558 CACFP FOOD PROGRAM EXPENS 6,241 CHARITABLE CONTRIBUTIONS 248 DUES AND SUBSCRIPTIONS 358 EQUIPMENT LEASE EXPENSE 3,870 JANITORIAL SERVICES 115 LICENSES AND PERMITS 518 MEALS AND ENTERTAINMENT 1,445 UTILITIES 3,086 VEHICLE EXPENSES 1,674 INTERNET/TELEPHONE 2,909 SECURITY SYSTEM 615 EQUIPMENT EXPENSE 1,258 TOTAL 39,291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10 42,800 OTHER ASSETS 0 0 TOTAL 0 42,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER LIABILITIES 0 0 CREDIT CARDS 11,132 18,373 OTHER CURRENT LIABILITIES 0 0 SBA LOAN 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE'S FUN IN LEARNING EDUCATION CORP'S PURPOSE IS TO PROVIDE A QUALITY EARLY EDUCATION CURRICULUM TO PREPARE CHILDREN FOR SCHOOL AGED CURRICULUMS AND TO ASSIST THE COMMUNITIES WE OPERATE IN WITH SUCH EDUCATION BY MAKING IT AFFORDABLE FOR THOSE WHO DESIRE THE EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR MISSION IS TO PROVIDE AFFORDABLE CHILDCARE TO OUR COMMUNITY. WE ARE BY FAR THE LEAST EXPENSIVE SERVICE IN OUR COMMUNITY AND WE ARE 95% SUBSIDIZED BY THE STATE WHICH MEANS THAT 95% OF OUR CHILDREN COME FROM FAMILIES THAT ARE JUST ABOVE, AT, OR BELOW THE POVERTY LINE.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings