Civic Intelligence

Park City Tots Inc

EIN 47-2876497 • 501(c)3 • Park City, UT

Profile

Park city tots is a non-profit organization dedicated to providing high quality, affordable, and safe childcare for working families in the park city community. Our extended day learning program focuses on early childhood education, social development, and cultural awareness for children ages 6 weeks through 5 years old.

1850 Sidewinder Dr Ste 410Park City, UT 84060-7477

pctots.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.48x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.45x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

54th percentile

6.3%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$104,454

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

17%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,334,925

Up $264,716 (+13%) from 2023

Liabilities

Up

$1,129,435

Up $108,180 (+11%) from 2023

Net Assets

Up

$1,205,490

Up $156,536 (+15%) from 2023

Revenue

Up

$2,494,311

Up $362,713 (+17%) from 2023

Expenses

Up

$2,337,775

Up $279,876 (+14%) from 2023

Net Income

Up

$156,536

Up $82,837 (+112%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2016: $153,505Liabilities 2016: $184,245Net Assets 2016: -$30,7402016Assets 2017: $1,365,542Liabilities 2017: $1,183,187Net Assets 2017: $182,3552017Assets 2018: $1,294,988Liabilities 2018: $1,126,710Net Assets 2018: $168,2782018Assets 2019: $1,219,105Liabilities 2019: $1,083,727Net Assets 2019: $135,3782019Assets 2020: $1,313,404Liabilities 2020: $1,207,064Net Assets 2020: $106,3402020Assets 2021: $2,004,381Liabilities 2021: $1,296,480Net Assets 2021: $707,9012021Assets 2022: $2,044,647Liabilities 2022: $1,069,392Net Assets 2022: $975,2552022Assets 2023: $2,070,209Liabilities 2023: $1,021,255Net Assets 2023: $1,048,9542023Assets 2024: $2,334,925Liabilities 2024: $1,129,435Net Assets 2024: $1,205,4902024

Highlighted filing

2024

Assets$2,334,925
Liabilities$1,129,435
Net Assets$1,205,490

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $155,741Expenses 2016: $186,481Net Income 2016: -$30,7402016Revenue 2017: $978,087Expenses 2017: $764,992Net Income 2017: $213,0952017Revenue 2018: $1,103,410Expenses 2018: $1,117,487Net Income 2018: -$14,0772018Revenue 2019: $1,171,525Expenses 2019: $1,204,425Net Income 2019: -$32,9002019Revenue 2020: $1,100,068Expenses 2020: $1,129,106Net Income 2020: -$29,0382020Revenue 2021: $1,725,475Expenses 2021: $1,123,914Net Income 2021: $601,5612021Revenue 2022: $1,917,026Expenses 2022: $1,649,672Net Income 2022: $267,3542022Revenue 2023: $2,131,598Expenses 2023: $2,057,899Net Income 2023: $73,6992023Revenue 2024: $2,494,311Expenses 2024: $2,337,775Net Income 2024: $156,5362024

Highlighted filing

2024

Revenue$2,494,311
Expenses$2,337,775
Net Income$156,536

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 22, 2025
Return Version
2023v6.0
Gross Receipts
$2,494,311
Mission and Program Overview

Mission

Park city tots is a non-profit organization dedicated to providing high quality, affordable, and safe childcare for working families in the park city community. Our extended day learning program focuses on early childhood education, social development, and cultural awareness for children ages 6 weeks through 5 years old.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$957,806$961,526▲ $3,720
Savings and Temporary Cash Investments$200,850$827,483▲ $626,633
Cash and Non-Interest-Bearing Accounts$897,357$424,342▼ $473,015
Prepaid Expenses and Deferred Charges$5,484$7,691▲ $2,207
Accounts Receivable$2,222$6,744▲ $4,522
Total Assets$2,070,209$2,334,925▲ $264,716
Other Assets Total$6,490$107,139▲ $100,649
Liabilities
Mortgage Notes Payable Secured by Investment Property$943,208$903,796▼ $39,412
Accounts Payable and Accrued Expenses$78,047$124,478▲ $46,431
Other Liabilities-$101,161-
Total Liabilities$1,021,255$1,129,435▲ $108,180
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,040,674$1,205,490▲ $164,816
Net Assets With Donor Restrictions$8,280--
Total Net Assets Fund Balance$1,048,954$1,205,490▲ $156,536
Total Liabilities and Net Assets / Fund Balance$2,070,209$2,334,925▲ $264,716

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$790,304$209,696$1,000,000
Leasehold Improvements$93,892$133,475$227,367
Equipment$47,369$132,256$179,625
Other Land Buildings$29,961$15,250$45,211
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sue BanerjeeExecutive DiFT$103,654$800$104,454

Board Members and Trustees

NameTitle
Deb DansonPresident
Anne SinnottBoard Member
Christine Mandion-splichalBoard Member
Colby DaileyBoard Member
Courtney BensonBoard Member
Jim GilliganBoard Member
Mary LeaderBoard Member
Patty GarciaBoard Member
Sam MuellerBoard Member
Sara WerbelowBoard Member
Steve SivakBoard Member
Lauren KingTreasurer
Tony TylerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,324,316
Program Service Revenue
$1,145,849
Investment Income
$24,146
Other Revenue
$0
All Other Contributions
$837,419
Change in Net Assets
$156,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,494,311
Total Revenue per Audited Statements
$2,494,311
Total Revenue per Form 990
$2,494,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,878,061
Other Expenses$451,432
Total Fundraising Expense$144,870
Grants and Similar Amounts Paid$8,282
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,404,107$37,881$58,526$1,500,514
Occupancy$155,168$3,200$1,600$159,968
Other Employee Benefits$118,849$6,210$7,912$132,971
Payroll Taxes$118,204$6,176$7,869$132,249
Current Officers, Directors, Trustees, and Key Employees$37,450$37,439$37,438$112,327
Depreciation Depletion$52,688$2,753$3,507$58,948
Office Expenses$56,664$1,168$584$58,416
Fees for Services Other$14,765$22,062$982$37,809
Interest$21,561--$21,561
All Other Expenses$18,799$154$196$19,149
Insurance-$9,913-$9,913
Fees for Services Accounting-$8,528-$8,528
Other Expenses$9,063$8,411$26,256$8,411
Grants to Domestic Individuals$8,282--$8,282
Advertising-$6,639-$6,639
Total Functional Expenses$2,041,836$151,069$144,870$2,337,775

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,337,775
Total Expenses per Audited Statements$2,337,775
Total Expenses per Form 990$2,337,775
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
Lease Liability$101,161
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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 2

Carol loomis scott loomis president board member spouse

Form 990, Page 6, Part VI, Line 11B

Management and the board review the form 990 prior to filing to address any questions or concerns that the board may have.

Form 990, Page 6, Part VI, Line 19

Governing documents are available at the organization's offices upon request.

Filing and Contact Details

Filer

Filer Name
Park City Tots Inc
EIN
47-2876497
Phone
4357318860
Address
1850 SIDEWINDER DR STE 410, PARK CITY, UT 84060-7477

Signing Officer

Name
Sue Banerjee
Title
Executive Director
Phone
4357318860
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Banerjee
Legal Domicile
Ut
Voting Board Members
13
Independent Board Members
13
Employees
49
Volunteers
3

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Park city tots is a non-profit organization dedicated to providing high quality, affordable, and safe childcare for working families in the park city community. Our extended day learning program focuses on early childhood education, social development, and cultural awareness for children ages 6 weeks through 5 years old.

Form 990, Page 2, Part III, Line 4A

As we conclude the fiscal year ending june 30, 2024, pc tots proudly reflects on a series of significant accomplishments that underscore our dedication to providing high quality early childhood education and care to the children and families we serve. This year has been marked by substantial growth, community engagement, and enhancements in our educational offerings. Here are some highlights: 1.opening of the park city library center: a major milestone for pc tots this year was the opening of our new center at the park city library. This strategic location not only broadens our physical footprint but also provides a valuable educational resource within a key community hub. The center is designed to offer a welcoming, resource-rich environment for young learners, integrating our digital and traditional educational tools. 2.increased student enrollment: we successfully expanded our capacity to serve an additional 20 students this year. This increase reflects our growing reputation and the heightened demand for our early childhood education programs. By accommodating more students, we are able to extend our impact and support a greater number of families in our community. 3.expansion of our teaching team: to support our growing student base and maintain high standards of education, pc tots hired additional qualified teachers. These new team members bring diverse expertise and enthusiasm to our centers, enhancing the learning experiences we offer and ensuring that each child receives personalized attention and support. 4.investment in professional development: recognizing the critical role that ongoing professional development plays in delivering exceptional education, we made significant investments in training and development for our staff. This included an out of state conference, 4 professional development days, and continuing education programs designed to keep our educators at the forefront of early childhood education practices and technology. 5.strengthened community partnerships: in addition to opening our new center, pc tots continued to build strong relationships with local organizations and stakeholders. These partnerships have facilitated collaborative programs and community events that enhance our outreach and support the holistic development of children. 6.strategic hiring: we successfully recruited and onboarded a development and marketing manager. This role has been pivotal in enhancing our outreach and fundraising efforts, as well as elevating our brand presence in the community. Their expertise has already begun to yield positive results in our visibility and donor engagement. 7.five-year strategic plan: we developed and implemented a comprehensive five-year strategic plan. This plan outlines our vision, goals, and actionable steps to ensure sustainable growth and continued excellence in childcare services. It includes strategic objectives in areas such as program development, continued financial stability, community engagement, and staff development. As we look back on a successful year, pc tots is energized by the progress we've made and the positive impact we've had on our students and community. We are committed to continuing our mission of providing accessible high- quality early childhood education and are excited about the opportunities that lie ahead.

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IRS990/Desc0AS WE CONCLUDE THE FISCAL YEAR ENDING JUNE 30, 2024, PC TOTS PROUDLY REFLECTS ON A SERIES OF SIGNIFICANT ACCOMPLISHMENTS THAT UNDERSCORE OUR DEDICATION TO PROVIDING HIGH QUALITY EARLY CHILDHOOD EDUCATION AND CARE TO THE CHILDREN AND FAMILIES WE SERVE. THIS YEAR HAS BEEN MARKED BY SUBSTANTIAL GROWTH, COMMUNITY ENGAGEMENT, AND ENHANCEMENTS IN OUR EDUCATIONAL OFFERINGS. HERE ARE SOME HIGHLIGHTS: 1.OPENING OF THE PARK CITY LIBRARY CENTER: A MAJOR MILESTONE FOR PC TOTS THIS YEAR WAS THE OPENING OF OUR NEW CENTER AT THE PARK CITY LIBRARY. THIS STRATEGIC LOCATION NOT ONLY BROADENS OUR PHYSICAL FOOTPRINT BUT ALSO PROVIDES A VALUABLE EDUCATIONAL RESOURCE WITHIN A KEY COMMUNITY HUB. THE CENTER IS DESIGNED TO OFFER A WELCOMING, RESOURCE-RICH ENVIRONMENT FOR YOUNG LEARNERS, INTEGRATING OUR DIGITAL AND TRADITIONAL EDUCATIONAL TOOLS. 2.INCREASED STUDENT ENROLLMENT: WE SUCCESSFULLY EXPANDED OUR CAPACITY TO SERVE AN ADDITIONAL 20 STUDENTS THIS YEAR. THIS INCREASE REFLECTS OUR GROWING REPUTATION AND THE HEIGHTENED DEMAND FOR OUR EARLY CHILDHOOD EDUCATION PROGRAMS. BY ACCOMMODATING MORE STUDENTS, WE ARE ABLE TO EXTEND OUR IMPACT AND SUPPORT A GREATER NUMBER OF FAMILIES IN OUR COMMUNITY. 3.EXPANSION OF OUR TEACHING TEAM: TO SUPPORT OUR GROWING STUDENT BASE AND MAINTAIN HIGH STANDARDS OF EDUCATION, PC TOTS HIRED ADDITIONAL QUALIFIED TEACHERS. THESE NEW TEAM MEMBERS BRING DIVERSE EXPERTISE AND ENTHUSIASM TO OUR CENTERS, ENHANCING THE LEARNING EXPERIENCES WE OFFER AND ENSURING THAT EACH CHILD RECEIVES PERSONALIZED ATTENTION AND SUPPORT. 4.INVESTMENT IN PROFESSIONAL DEVELOPMENT: RECOGNIZING THE CRITICAL ROLE THAT ONGOING PROFESSIONAL DEVELOPMENT PLAYS IN DELIVERING EXCEPTIONAL EDUCATION, WE MADE SIGNIFICANT INVESTMENTS IN TRAINING AND DEVELOPMENT FOR OUR STAFF. THIS INCLUDED AN OUT OF STATE CONFERENCE, 4 PROFESSIONAL DEVELOPMENT DAYS, AND CONTINUING EDUCATION PROGRAMS DESIGNED TO KEEP OUR EDUCATORS AT THE FOREFRONT OF EARLY CHILDHOOD EDUCATION PRACTICES AND TECHNOLOGY. 5.STRENGTHENED COMMUNITY PARTNERSHIPS: IN ADDITION TO OPENING OUR NEW CENTER, PC TOTS CONTINUED TO BUILD STRONG RELATIONSHIPS WITH LOCAL ORGANIZATIONS AND STAKEHOLDERS. THESE PARTNERSHIPS HAVE FACILITATED COLLABORATIVE PROGRAMS AND COMMUNITY EVENTS THAT ENHANCE OUR OUTREACH AND SUPPORT THE HOLISTIC DEVELOPMENT OF CHILDREN. 6.STRATEGIC HIRING: WE SUCCESSFULLY RECRUITED AND ONBOARDED A DEVELOPMENT AND MARKETING MANAGER. THIS ROLE HAS BEEN PIVOTAL IN ENHANCING OUR OUTREACH AND FUNDRAISING EFFORTS, AS WELL AS ELEVATING OUR BRAND PRESENCE IN THE COMMUNITY. THEIR EXPERTISE HAS ALREADY BEGUN TO YIELD POSITIVE RESULTS IN OUR VISIBILITY AND DONOR ENGAGEMENT. 7.FIVE-YEAR STRATEGIC PLAN: WE DEVELOPED AND IMPLEMENTED A COMPREHENSIVE FIVE-YEAR STRATEGIC PLAN. THIS PLAN OUTLINES OUR VISION, GOALS, AND ACTIONABLE STEPS TO ENSURE SUSTAINABLE GROWTH AND CONTINUED EXCELLENCE IN CHILDCARE SERVICES. IT INCLUDES STRATEGIC OBJECTIVES IN AREAS SUCH AS PROGRAM DEVELOPMENT, CONTINUED FINANCIAL STABILITY, COMMUNITY ENGAGEMENT, AND STAFF DEVELOPMENT. AS WE LOOK BACK ON A SUCCESSFUL YEAR, PC TOTS IS ENERGIZED BY THE PROGRESS WE'VE MADE AND THE POSITIVE IMPACT WE'VE HAD ON OUR STUDENTS AND COMMUNITY. WE ARE COMMITTED TO CONTINUING OUR MISSION OF PROVIDING ACCESSIBLE HIGH- QUALITY EARLY CHILDHOOD EDUCATION AND ARE EXCITED ABOUT THE OPPORTUNITIES THAT LIE AHEAD.
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