Civic Intelligence

Limon Child Development Center

990 • Fiscal year 2014 • EIN 84-1414532

Jan 01, 2014 to Dec 31, 2014 • Filed on May 14, 2015

PO Box 880Limon, CO 80828

(719) 775-0222

Siviq Scores

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

Liabilities / Assets

85th percentile

0.60x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

82nd percentile

0.45x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

36th percentile

-1.2%

Higher net margin than 36% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

69th percentile

$56,339

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

34th percentile

-2.1%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

47th percentile

3.0%

Faster revenue growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$677,551

Down $14,588 (-2.1%) from 2013

Net Assets

Down

$273,830

Down $10,868 (-3.8%) from 2013

Liabilities

Down

$403,721

Down $3,720 (-0.9%) from 2013

Revenue

Up

$897,609

Up $26,366 (+3.0%) from 2013

Expenses

Up

$908,477

Up $13,514 (+1.5%) from 2013

Net Income

Up

-$10,868

Up $12,852 (+54%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $744,805Liabilities 2010: $426,887Net Assets 2010: $317,9182010Assets 2011: $744,261Liabilities 2011: $418,176Net Assets 2011: $326,0852011Assets 2012: $672,909Liabilities 2012: $364,491Net Assets 2012: $308,4182012Assets 2013: $692,139Liabilities 2013: $407,441Net Assets 2013: $284,6982013Assets 2014: $677,551Liabilities 2014: $403,721Net Assets 2014: $273,8302014Assets 2015: $575,568Liabilities 2015: $351,016Net Assets 2015: $224,5522015Assets 2016: $643,167Liabilities 2016: $442,182Net Assets 2016: $200,9852016Assets 2017: $565,603Liabilities 2017: $381,702Net Assets 2017: $183,9012017Assets 2018: $910,519Liabilities 2018: $383,046Net Assets 2018: $527,4732018Assets 2019: $941,839Liabilities 2019: $422,003Net Assets 2019: $519,8362019Assets 2020: $1,021,241Liabilities 2020: $498,794Net Assets 2020: $522,4472020Assets 2021: $1,606,062Liabilities 2021: $688,377Net Assets 2021: $917,6852021Assets 2022: $1,429,049Liabilities 2022: $532,048Net Assets 2022: $897,0012022Assets 2023: $1,441,516Liabilities 2023: $525,578Net Assets 2023: $915,9382023Assets 2024: $1,457,971Liabilities 2024: $541,382Net Assets 2024: $916,5892024

Highlighted filing

2014

Assets$677,551
Liabilities$403,721
Net Assets$273,830

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $935,8142010Expenses 2011: $881,8572011Expenses 2012: $924,2172012Revenue 2013: $871,243Expenses 2013: $894,963Net Income 2013: -$23,7202013Revenue 2014: $897,609Expenses 2014: $908,477Net Income 2014: -$10,8682014Revenue 2015: $932,078Expenses 2015: $981,356Net Income 2015: -$49,2782015Revenue 2016: $913,272Expenses 2016: $936,839Net Income 2016: -$23,5672016Revenue 2017: $941,364Expenses 2017: $958,448Net Income 2017: -$17,0842017Revenue 2018: $1,302,947Expenses 2018: $959,375Net Income 2018: $343,5722018Revenue 2019: $975,749Expenses 2019: $1,016,765Net Income 2019: -$41,0162019Revenue 2020: $1,025,202Expenses 2020: $1,022,591Net Income 2020: $2,6112020Revenue 2021: $1,508,273Expenses 2021: $1,113,035Net Income 2021: $395,2382021Revenue 2022: $1,206,736Expenses 2022: $1,227,420Net Income 2022: -$20,6842022Revenue 2023: $1,347,539Expenses 2023: $1,328,602Net Income 2023: $18,9372023Revenue 2024: $1,530,916Expenses 2024: $1,530,265Net Income 2024: $6512024

Highlighted filing

2014

Revenue$897,609
Expenses$908,477
Net Income-$10,868
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 14, 2015
Return Version
2014v5.0
Gross Receipts
$897,609
Mission and Program Overview

Mission

Head start and preschool services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$485,021$455,196▼ $29,825
Cash and Non-Interest-Bearing Accounts$78,042$102,314▲ $24,272
Pledges and Grants Receivable$99,807$62,101▼ $37,706
Savings and Temporary Cash Investments$15,444$15,912▲ $468
Prepaid Expenses and Deferred Charges$8,064$7,627▼ $437
Inventories for Sale or Use$3,509$3,205▼ $304
Accounts Receivable$2,252$2,162▼ $90
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$692,139$677,551▼ $14,588
Other Assets Total-$29,034-
Liabilities
Mortgage Notes Payable Secured by Investment Property$268,275$264,015▼ $4,260
Accounts Payable and Accrued Expenses$116,723$76,895▼ $39,828
Deferred Revenue$22,443$62,811▲ $40,368
Total Liabilities$407,441$403,721▼ $3,720
Net Assets / Fund Balance
Unrestricted Net Assets$284,698$273,830▼ $10,868
Total Net Assets Fund Balance$284,698$273,830▼ $10,868
Total Liabilities and Net Assets / Fund Balance$692,139$677,551▼ $14,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$388,828$122,657$511,485
Equipment$40,122$257,555$297,677
Leasehold Improvements$19,336$27,720$47,056
Land$6,910-$6,910
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy FerreeCenter DirectorFT$49,139$7,200$56,339
Craig BaileyAccountantFT$40,315$5,859$46,174

Board Members and Trustees

NameTitle
Joel AlbersPresident
Leesa MccueVice President
Jana WellsDirector
Michael RoslerDirector
Monte SnyderDirector
Jack HendricksSecretary
James GillisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$759,074
Program Service Revenue
$114,038
Investment Income
$257
Other Revenue
$24,240
All Other Contributions
$65,633
Change in Net Assets
$-10,868

Audited Revenue Reconciliation

Revenue per Audited Statements
$897,609
Revenue Not Reported on Form 990
$17,466
Total Revenue per Audited Statements
$915,075
Total Revenue per Form 990
$897,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$684,527
Other Expenses$223,950
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$355,090$59,984-$415,074
Other Employee Benefits$105,087$16,567-$121,654
Current Officers, Directors, Trustees, and Key Employees$87,698$14,815-$102,513
All Other Expenses$46,361$6,205-$52,566
Payroll Taxes$38,873$6,413-$45,286
Depreciation Depletion$38,608--$38,608
Insurance$12,436$2,025-$14,461
Other Expenses$10,706$1,744-$12,450
Interest$10,016$1,630-$11,646
Fees for Services Other$5,671$847-$6,518
Travel$3,377$550-$3,927
Advertising$624$101-$725
Total Functional Expenses$788,200$120,277$0$908,477

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$925,943
Expenses per Audited Statements$908,477
Total Expenses per Form 990$908,477
Expenses Not Reported on Form 990$17,466
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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
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, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the board of directors at the monthly board meeting before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest is taken into consideration for each decision made at each meeting of the board of directors, and policy is then followed if any conflict of interest arise.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The program directors's compensation is reviwed by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy, and financial statements are available at the center's office and are made available upon request.

Filing and Contact Details

Filer

Filer Name
Limon Child Development Center
EIN
84-1414532
Phone
7197750222
Address
PO BOX 880, LIMON, CO 80828

Signing Officer

Name
Joel Albers
Title
President
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
30
Volunteers
362

Preparer

Firm
Haynie and Company Cpas
Address
1785 West 2300 South, Salt Lake City, UT 84119-2065
Preparer
Gregory W Doebler CPA
Phone
8019724800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. During 2014 and 2013, the Organization had no unrelated business activities and 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. The Organization's federal tax returns for 2014 and 2013 are subject to examination by the IRS, generally for three years after they were filed.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

IN-KIND DONATIONS $17466

Part XII, Line 2D: Other expenses and losses per audited F/S

Supplies - inkind $4182 child services - inkind $13284

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0121654
IRS990/OtherExpensesGrp/Desc0NUTRITION/FOOD
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IRS990/OtherExpensesGrp/Desc2CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc3OFFICE SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06941
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12455
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21744
IRS990/OtherExpensesGrp/ProgramServicesAmt042637
IRS990/OtherExpensesGrp/ProgramServicesAmt115084
IRS990/OtherExpensesGrp/ProgramServicesAmt215932
IRS990/OtherExpensesGrp/ProgramServicesAmt310706
IRS990/OtherExpensesGrp/TotalAmt049578
IRS990/OtherExpensesGrp/TotalAmt117539
IRS990/OtherExpensesGrp/TotalAmt215932
IRS990/OtherExpensesGrp/TotalAmt312450
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IRS990/OtherRevenueMiscGrp/Desc0Gain on Sale of Asset
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IRS990/OtherRevenueTotalAmt024240
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059984
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0355090
IRS990/OtherSalariesAndWagesGrp/TotalAmt0415074
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06413
IRS990/PayrollTaxesGrp/ProgramServicesAmt038873
IRS990/PayrollTaxesGrp/TotalAmt045286
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt099807
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IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INCOME HEADSTART
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143429
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143429
IRS990/ProgSrvcAccomActy2Grp/Desc0COLORADO PRESCHOOL PROGRAM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062939
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt070609
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0720015
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt0224265
IRS990/PYOtherRevenueAmt034427
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IRS990/PYRevenuesLessExpensesAmt0-23720
IRS990/PYSalariesCompEmpBnftPaidAmt0670698
IRS990/PYTotalExpensesAmt0894963
IRS990/PYTotalRevenueAmt0871243
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-10868
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt043429
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt015444
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0775041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0738628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0979961
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0561471
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt038059
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt031823
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt062024
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0190541
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91880
IRS990ScheduleA/PublicSupportPY170Pct00.92020
IRS990ScheduleA/PublicSupportTotal170Amt03858121
IRS990ScheduleA/SubstantialContributorsTotAmt0148817
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04006938
IRS990ScheduleA/TotalSupportAmt04199160
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0388828
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0122657
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0511485
IRS990ScheduleD/EquipmentGrp/BookValueAmt040122
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0257555
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0297677
IRS990ScheduleD/ExpensesNotReportedAmt017466
IRS990ScheduleD/ExpensesSubtotalAmt0908477
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06910
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06910
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019336
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027720
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt047056
IRS990ScheduleD/OtherExpensesIncludedAmt017466
IRS990ScheduleD/OtherRevenueAmt017466
IRS990ScheduleD/RevenueNotReportedAmt017466
IRS990ScheduleD/RevenueSubtotalAmt0897609
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. During 2014 and 2013, the Organization had no unrelated business activities and 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. The Organization's federal tax returns for 2014 and 2013 are subject to examination by the IRS, generally for three years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IN-KIND DONATIONS $17466
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SUPPLIES - INKIND $4182 CHILD SERVICES - INKIND $13284

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.54$0.92$1.53$1.53$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.53$0.92$1.35$1.33$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.53$0.90$1.21$1.23$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.61$0.69$0.92$1.51$1.11$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.50$0.52$1.03$1.02$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.42$0.52$0.98$1.02$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.91$0.38$0.53$1.30$0.96$0.34
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.38$0.18$0.94$0.96$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.44$0.20$0.91$0.94$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.35$0.22$0.93$0.98$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.40$0.27$0.90$0.91$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.69$0.41$0.28$0.87$0.89$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.36$0.31$0.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.42$0.33$0.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.43$0.32$0.94