Civic Intelligence

Care to Learn

990 • Fiscal year 2018 • EIN 47-1494384

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

1740 S Glenstone AveSpringfield, MO 65804

(417) 862-7771

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$95,400

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

85th percentile

41%

Faster revenue growth than 85% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,702,322

Up $490,721 (+12%) from 2017

Net Assets

Up

$4,644,445

Up $469,209 (+11%) from 2017

Liabilities

Up

$57,877

Up $21,512 (+59%) from 2017

Revenue

Up

$1,767,961

Up $514,016 (+41%) from 2017

Expenses

Up

$1,400,687

Up $279,101 (+25%) from 2017

Net Income

Up

$367,274

Up $234,915 (+177%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $3,327,204Liabilities 2015: $0Net Assets 2015: $3,327,2042015Assets 2016: $3,885,348Liabilities 2016: $8,364Net Assets 2016: $3,876,9842016Assets 2017: $4,211,601Liabilities 2017: $36,365Net Assets 2017: $4,175,2362017Assets 2018: $4,702,322Liabilities 2018: $57,877Net Assets 2018: $4,644,4452018Assets 2019: $5,042,875Liabilities 2019: $118,272Net Assets 2019: $4,924,6032019Assets 2020: $4,777,544Liabilities 2020: $56,830Net Assets 2020: $4,720,7142020Assets 2021: $5,417,386Liabilities 2021: $97,323Net Assets 2021: $5,320,0632021Assets 2022: $5,245,297Liabilities 2022: $96,799Net Assets 2022: $5,148,4982022Assets 2023: $7,271,631Liabilities 2023: $741,156Net Assets 2023: $6,530,4752023

Highlighted filing

2018

Assets$4,702,322
Liabilities$57,877
Net Assets$4,644,445

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2015: $1,411,465Expenses 2015: $731,288Net Income 2015: $680,1772015Revenue 2016: $1,603,272Expenses 2016: $884,243Net Income 2016: $719,0292016Revenue 2017: $1,253,945Expenses 2017: $1,121,586Net Income 2017: $132,3592017Revenue 2018: $1,767,961Expenses 2018: $1,400,687Net Income 2018: $367,2742018Revenue 2019: $1,608,067Expenses 2019: $1,369,698Net Income 2019: $238,3692019Revenue 2020: $1,760,238Expenses 2020: $1,532,194Net Income 2020: $228,0442020Revenue 2021: $1,409,501Expenses 2021: $1,216,432Net Income 2021: $193,0692021Revenue 2022: $1,543,961Expenses 2022: $1,317,320Net Income 2022: $226,6412022Revenue 2023: $4,555,974Expenses 2023: $3,298,779Net Income 2023: $1,257,1952023

Highlighted filing

2018

Revenue$1,767,961
Expenses$1,400,687
Net Income$367,274
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$1,949,772
Mission and Program Overview

Mission

The mission of care to learn is to provide immediate funding to meet emergent needs in the areas of health, hunger, and hygiene so every student can be successful in school.

The mission of care to learn is to provide immediate funding to meet emergent health, hunger, and hygiene needs so every student can be successful in school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,948,721$4,497,314▲ $548,593
Pledges and Grants Receivable$219,848$102,100▼ $117,748
Cash and Non-Interest-Bearing Accounts$42,582$59,574▲ $16,992
Accounts Receivable$0$39,280▲ $39,280
Prepaid Expenses and Deferred Charges$450$4,054▲ $3,604
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,211,601$4,702,322▲ $490,721
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$29,250$46,248▲ $16,998
Accounts Payable and Accrued Expenses$7,115$11,629▲ $4,514
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$36,365$57,877▲ $21,512
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,603,545$1,862,888▲ $259,343
Unrestricted Net Assets$1,425,701$1,597,676▲ $171,975
Permanently Rstr Net Assets$1,145,990$1,183,881▲ $37,891
Total Net Assets Fund Balance$4,175,236$4,644,445▲ $469,209
Total Liabilities and Net Assets / Fund Balance$4,211,601$4,702,322▲ $490,721

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,497,314--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,045,990$50▲ $75,333-$1,108,880
2016$930,987$38,117▲ $92,432$44$1,045,990
2015$938,327$87,648▼ $24,556$60,463$930,987
2014$837,667$116,477▼ $179$38$938,327
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda Ramey-greiweExecutive Director/secretaryFT$95,400$95,400

Board Members and Trustees

NameTitle
Stephanie Stenger MontgomeryPresident
Matt MillerVice President
Bobby AllisonDirector
Donn SorensenDirector
Doug PittDirector
Jack StackDirector
Jim AndersonDirector
Morey MechlinDirector
John WanamakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,730,012
Program Service Revenue
$5,386
Investment Income
$100,584
Other Revenue
$-68,021
All Other Contributions
$1,306,052
Change in Net Assets
$367,274

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table17$30,305Cost
Total Noncash Contributions17$30,305-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,910,727
Revenue Not Reported on Financial Statements
$-142,766
Revenue Not Reported on Form 990
$108,367
Other Revenue Adjustments
$-142,766
Total Revenue per Audited Statements
$2,019,094
Total Revenue per Form 990
$1,767,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$806,380
Other Expenses$317,574
Salaries, Compensation, and Employee Benefits$276,733
Total Fundraising Expense$198,546
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$784,380--$784,380
Other Salaries and Wages$132,370$10,728$15,811$158,909
Current Officers, Directors, Trustees, and Key Employees$31,800$31,800$31,800$95,400
Information Technology$24,272$24,272$35,077$83,621
Fees for Service Investment Mgmnt Fees-$37,181-$37,181
Office Expenses$8,486$1,735$24,451$34,672
Advertising--$32,533$32,533
Fees for Services Accounting-$23,108-$23,108
Payroll Taxes$20,507$1,917-$22,424
Grants to Domestic Orgs$22,000--$22,000
Travel$6,679$1,670$8,349$16,698
Insurance$7,662$715-$8,377
Fees for Services Legal$1,033$4,096$1,757$6,886
Other Expenses$5,697$533$48,768$6,230
Occupancy$5,662$527-$6,189
Conferences and Meetings$1,614$151-$1,765
Total Functional Expenses$1,062,723$139,418$198,546$1,400,687

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,549,885
Expenses per Audited Statements$1,400,687
Total Expenses per Form 990$1,400,687
Expenses Not Reported on Form 990$149,198
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CrosslinesSpringfield, MO501(c)3Hunger Support$22,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$142,766
Fundraising Gross Income$74,745
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great Gatsby$168,795$33,948$16,570$17,378
Champions Chat$80,500$1,450$17,662$-16,212
Total Events$471,893$74,745$142,766$-68,021
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 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, Section B, Line 11B

990 review process: the form 990 is prepared by an accounting firm based on the audited financial statements and information provided by management of the organization. Prior to filing, the executive director of care to learn emailed each board member a copy to review. The board was asked for input and feedback. Feedback was received and the 990 was updated.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy: any director, principal officer or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, is an interested person covered under this policy. Duty to disclose: in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Determining whether a conflict of interest exists: after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest: - an interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. - the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. - after exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. - if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Violations of the conflicts of interest policy: - if the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. - if, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section C, Line 19

Document disclosure policy: the governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Care to Learn
EIN
47-1494384
In Care Of
% STEPHANIE STENGER MONTGOMERY
Phone
4178627771
Address
1740 S GLENSTONE AVE, SPRINGFIELD, MO 65804

Signing Officer

Name
Stephanie Stenger Montgomery
Title
President
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Stenger Montgomery
Formed
2014
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
325

Preparer

Firm
Bkd Llp
Address
910 E ST LOUIS 200/PO BOX 1190, SPRINGFIELD, MO 65806-2523
Preparer
Brian D Todd
Phone
4178658701
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Program service accomplishments: care to learn has filled over 170,000 needs of care in our last fiscal year. A need is each time one child is given one item/items to meet an emergent health, hunger or hygiene need. Since care to learn's founding, we have filled over 950,000 student needs. Care to learn started with one chapter in springfield public schools in 2008 and as of june 30, 2018, had 33 school district chapters. Care to learn uses a consistent partnership model to ensure we can consistently meet student needs. Care to learn works with the chapter to identify the unmet needs of under-resourced students. Then care to learn works with the chapter and community to develop funding for the basic health, hunger and hygiene needs identified. Chapters then fill the needs and care to learn manages the payments and funds. One of our core values is respect. We do not ask that students meet any qualifications. If a student needs help and a school official agrees there is need, it is met. Therefore we do not have a lot of tracking. Each chapter is unique based upon the communities needs and resources. However, at least 26 of our 33 chapters have backpack programs or food pantries within the school which care to learn funds. Each chapter also works to fill hygiene needs with deodorant, toothbrushes, toothpaste, lice kits, etc. Health issues typically include funding medicine, eye glasses, tooth pains, and doctor visits.

Financial Statement Notes

Schedule D, Part V, Line 4

Intended use of endowment funds: to eventually cover overhead and ongoing operating costs so donations do not have to be raised separately to cover administrative costs.

Schedule D, Part XI, Line 4B

Amounts included on form 990, part viii, line 12, but not on line 1: $(142,766) fundraising expenses

Schedule D, Part XII, Line 2D

Amounts included on line 1 but not on form 990, part ix, line 25: $ 142,766 fundraising expenses

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