Civic Intelligence

Best Beginnings

990 • Fiscal year 2022 • EIN 45-5066055

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 24, 2023

3350 Commercial Drive Ste 104AAnchorage, AK 99501

(907) 297-3300

Siviq Scores

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

Liabilities / Assets

76th percentile

0.21x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.13x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

26th percentile

-6.5%

Higher net margin than 26% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

86th percentile

$93,923

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

25th percentile

-7.6%

Faster asset growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-20%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$371,398

Down $30,412 (-7.6%) from 2021

Net Assets

Down

$292,857

Down $37,977 (-11%) from 2021

Liabilities

Up

$78,541

Up $7,565 (+11%) from 2021

Revenue

Down

$585,904

Down $142,864 (-20%) from 2021

Expenses

Down

$623,881

Down $155,873 (-20%) from 2021

Net Income

Up

-$37,977

Up $13,009 (+26%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $366,880Liabilities 2013: $93,761Net Assets 2013: $273,1192013Assets 2014: $385,054Liabilities 2014: $28,129Net Assets 2014: $356,9252014Assets 2015: $685,542Liabilities 2015: $43,699Net Assets 2015: $641,8432015Assets 2016: $626,273Liabilities 2016: $15,925Net Assets 2016: $610,3482016Assets 2017: $596,781Liabilities 2017: $16,660Net Assets 2017: $580,1212017Assets 2018: $530,816Liabilities 2018: $18,003Net Assets 2018: $512,8132018Assets 2019: $463,613Liabilities 2019: $19,141Net Assets 2019: $444,4722019Assets 2020: $423,835Liabilities 2020: $42,015Net Assets 2020: $381,8202020Assets 2021: $401,810Liabilities 2021: $70,976Net Assets 2021: $330,8342021Assets 2022: $371,398Liabilities 2022: $78,541Net Assets 2022: $292,8572022Assets 2023: $320,871Liabilities 2023: $32,129Net Assets 2023: $288,7422023Assets 2024: $221,029Liabilities 2024: $48,428Net Assets 2024: $172,6012024

Highlighted filing

2022

Assets$371,398
Liabilities$78,541
Net Assets$292,857

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,392,379Expenses 2013: $1,129,260Net Income 2013: $263,1192013Revenue 2014: $1,250,317Expenses 2014: $1,166,511Net Income 2014: $83,8062014Revenue 2015: $1,428,674Expenses 2015: $1,143,756Net Income 2015: $284,9182015Revenue 2016: $655,833Expenses 2016: $689,308Net Income 2016: -$33,4752016Revenue 2017: $599,347Expenses 2017: $629,574Net Income 2017: -$30,2272017Revenue 2018: $554,278Expenses 2018: $621,586Net Income 2018: -$67,3082018Revenue 2019: $592,675Expenses 2019: $661,016Net Income 2019: -$68,3412019Revenue 2020: $710,041Expenses 2020: $772,693Net Income 2020: -$62,6522020Revenue 2021: $728,768Expenses 2021: $779,754Net Income 2021: -$50,9862021Revenue 2022: $585,904Expenses 2022: $623,881Net Income 2022: -$37,9772022Revenue 2023: $551,648Expenses 2023: $555,763Net Income 2023: -$4,1152023Revenue 2024: $728,790Expenses 2024: $844,931Net Income 2024: -$116,1412024

Highlighted filing

2022

Revenue$585,904
Expenses$623,881
Net Income-$37,977
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 24, 2023
Return Version
2021v4.0
Gross Receipts
$585,904
Mission and Program Overview

Mission

Best Beginnings is a public-private partnership that mobilizes people and resources to ensure all

Best beginnings moblizies people and resources to ensure all alaska children begin school ready to succeed. Free, quality books to more than 18,000 children 0-5 in over 100 communities. Parent education and community campaigns on early childhood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$372,995$358,032▼ $14,963
Prepaid Expenses and Deferred Charges$19,867$10,379▼ $9,488
Inventories for Sale or Use$4,711--
Total Assets$401,810$371,398▼ $30,412
Other Assets Total$4,237$2,987▼ $1,250
Liabilities
Other Liabilities$36,995$47,665▲ $10,670
Accounts Payable and Accrued Expenses$33,981$30,876▼ $3,105
Total Liabilities$70,976$78,541▲ $7,565
Net Assets / Fund Balance
Net Assets With Donor Restrictions$330,580$228,639▼ $101,941
Net Assets Without Donor Restrictions$254$64,218▲ $63,964
Total Net Assets Fund Balance$330,834$292,857▼ $37,977
Total Liabilities and Net Assets / Fund Balance$401,810$371,398▼ $30,412

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,276$12,276
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Abbe HensleyExecutive DiFT$93,923$93,923

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$556,267
Program Service Revenue
$28,423
Investment Income
$1,214
Other Revenue
$0
All Other Contributions
$166,187
Change in Net Assets
$-37,977

Audited Revenue Reconciliation

Revenue per Audited Statements
$585,904
Total Revenue per Audited Statements
$585,904
Total Revenue per Form 990
$585,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,681
Other Expenses$248,073
Grants and Similar Amounts Paid$83,127
Total Fundraising Expense$22,141
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,294-$15,280$176,574
Current Officers, Directors, Trustees, and Key Employees$73,312$20,610-$93,922
Grants to Domestic Orgs$83,127--$83,127
Payroll Taxes$13,889$6,468$1,828$22,185
Fees for Services Accounting$11,269$6,813-$18,082
Occupancy$10,875$5,438-$16,313
Office Expenses$6,555$1,730$699$8,984
Information Technology$1,207$3,419$3,300$7,926
Fees for Services Other$3,283$1,986-$5,269
Insurance-$5,029-$5,029
Other Expenses$780$2,610$1,034$4,424
Fees for Services Legal$25$15-$40
Total Functional Expenses$544,931$56,809$22,141$623,881

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$623,881
Total Expenses per Audited Statements$623,881
Total Expenses per Form 990$623,881
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
North Star Imagination LibraryFairbanks, AK501c3Imagination Library$22,250
Mat-su Imagination LibraryWasilla, AK501c3Imagination Library$17,800
Aeyc Southeast AlaskaJuneau, AK501c3Imagination Library$16,020
Bridges Community Resources NetworkSoldotna, AK501c3Imagination Library$8,900
Sprout Family ServicesHomer, AK501c3Imagination Library$5,340
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
Refundable Advances$44,678
Aecag Agency Account$2,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 11B

The executive director, board chair, and treasurer review the return once completed. Once it is reviewed and agreed upon, the review team provides a copy of the return to the board of directors before it is filed.

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

The written conflict of interest policy is referred to in their job description as a signed agreement for their conduct to be in accordance with the bylaws.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Best Beginnings
EIN
45-5066055
Phone
9072973300
Address
3350 COMMERCIAL DRIVE STE 104A, ANCHORAGE, AK 99501

Signing Officer

Name
Amie Collins Current
Title
Executive Director
Phone
9073973300
Signed
2023-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amie Collins Current
Formed
2006
Legal Domicile
Ak
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
64

Preparer

Firm
Porter & Allison Inc
Address
18701 DENMARK CIR, ANCHORAGE, AK 99516
Preparer
David Porter
Phone
9077702727
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

The community awareness program services ended in fy22 due to the exhaustion of funding for the project. Funding for the community awareness program activities were funded through the state of alaska's department of education and early development (deed) preschool development grant. All activities agreed to were completed by the end of fy22 and funds spent. A renewal grant on behalf of the state was not successful.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization applies the provisions of topic 740 of the fasb accounting standards codification relating to accounting for uncertainty in income taxes. The organization annually reviews its positions taken in accordance with the recognition standards that would require disclosure or adjustment in these financial statements. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/PrincipalOfficerNm0AMIE COLLINS CURRENT
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IRS990/ProgramServiceRevenueGrp/BusinessCd1624110
IRS990/ProgramServiceRevenueGrp/Desc0LITTLE LEARNERS
IRS990/ProgramServiceRevenueGrp/Desc1SEASONS OF ALASKA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022491
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15932
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15932
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IRS990/ReconcilationRevenueExpnssAmt0-37977
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0372995
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0556267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0718311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0704154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0590608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0551156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03120496
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01214
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01912
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08485
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt043139
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IRS990ScheduleA/PublicSupportTotal170Amt03120496
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0718311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0704154
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0590608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0551156
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03120496
IRS990ScheduleA/TotalSupportAmt03128981
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt012276
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012276
IRS990ScheduleD/ExpensesSubtotalAmt0623881
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044678
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AECAG AGENCY ACCOUNT
IRS990ScheduleD/RevenueSubtotalAmt0585904
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION APPLIES THE PROVISIONS OF TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION ANNUALLY REVIEWS ITS POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS THAT WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalLiabilityAmt047665
IRS990ScheduleD/TotalRevenuePerForm990Amt0585904
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0585904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0623881
IRS990ScheduleI/GrantRecordsMaintainedInd0true
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IRS990ScheduleI/RecipientTable/CashGrantAmt117800
IRS990ScheduleI/RecipientTable/CashGrantAmt216020
IRS990ScheduleI/RecipientTable/CashGrantAmt38900
IRS990ScheduleI/RecipientTable/CashGrantAmt45340
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTH STAR IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MAT-SU IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2AEYC SOUTHEAST ALASKA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3BRIDGES COMMUNITY RESOURCES NETWORK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SPROUT FAMILY SERVICES
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IRS990ScheduleI/RecipientTable/RecipientEIN1471275518
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 82657
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 875201
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23200 HOSPITAL DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt335911 KENAI SPUR HWY STE 9
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt43691 BEN WALTERS
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAIRBANKS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WASILLA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2JUNEAU
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SOLDOTNA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4HOMER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1AK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3AK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4AK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd099708
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd199687
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd299801
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd399669
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd499603
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BEST BEGINNINGS REQUIRES A MEMORANDUM OF AGREEMENT (MOA) SIGNED BY THE ORGANIZATION WHICH PROVIDES GUIDANCE ON THE MONITORING DONE BY BEST BEGINNINGS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/Total501c3OrgCnt05
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMMUNITY AWARENESS PROGRAM SERVICES ENDED IN FY22 DUE TO THE EXHAUSTION OF FUNDING FOR THE PROJECT. FUNDING FOR THE COMMUNITY AWARENESS PROGRAM ACTIVITIES WERE FUNDED THROUGH THE STATE OF ALASKA'S DEPARTMENT OF EDUCATION AND EARLY DEVELOPMENT (DEED) PRESCHOOL DEVELOPMENT GRANT. ALL ACTIVITIES AGREED TO WERE COMPLETED BY THE END OF FY22 AND FUNDS SPENT. A RENEWAL GRANT ON BEHALF OF THE STATE WAS NOT SUCCESSFUL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR, BOARD CHAIR, AND TREASURER REVIEW THE RETURN ONCE COMPLETED. ONCE IT IS REVIEWED AND AGREED UPON, THE REVIEW TEAM PROVIDES A COPY OF THE RETURN TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE WRITTEN CONFLICT OF INTEREST POLICY IS REFERRED TO IN THEIR JOB DESCRIPTION AS A SIGNED AGREEMENT FOR THEIR CONDUCT TO BE IN ACCORDANCE WITH THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0401810
IRS990/TotalAssetsEOYAmt0371398
IRS990/TotalAssetsGrp/BOYAmt0401810

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