Grand Beginnings EIN 11-3659478 Form 990 (PDF) Claim this org

Grand Beginnings

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Provides quality, accessible early childhood services to support child development. For fiscal year 2025 it reported $701K in revenue, $665K in expenses, and $737K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Granby, CO
Website
grandbeginnings.org
Filings
6 on file (2020–2025)
Revenue
$701KFY2025
Expenses
$665K
Net assets
$737K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  11-3659478 Public charity (501(c)(3)) Granby, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides quality, accessible early childhood services to support child development.
Leadership
Kathryn Hale · Executive Director · $69K
Money in and out
$701K revenue, $665K expenses
Bottom line
90% program efficiency
Where the money goes · FY2025
Total revenue
$701K
Pt VIII · Ln 12
Total expenses
$665K
Pt IX · Ln 25
Net assets
$737K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $36K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.07 Fundraising $0.03
Program efficiency
90%
of spending reaches programs+0.5% vs prior filing year
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate▲ +2% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▼ -74% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$701K
FY2025▲ +6%
Expenses
$665K
FY2025▲ +26%
Total assets
$758K
FY2025▲ +7%
Total liabilities
$21K
FY2025▲ +4%
Total revenue
$701K
Pt VIII · Ln 12
Total expenses
$665K
Pt IX · Ln 25
Net assets
$737K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$758K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrand Beginnings
EINHdr · item D11-3659478
Principal addressHdr · item CGranby, CO
WebsiteHdr · item Jgrandbeginnings.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFMay 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$69,119Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kathryn Hale’s $69K as Executive Director is at the 61st percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kathryn Hale$69,119
Maegan Lokteff$53,770$66,987
Kathrynn Hale$65,174$60,837$60,996$47,004

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $599K of program spending, described in the organization's own filed words · FY2024.
01

Comprehensive Early Childhood Services

Convening partners to develop strategic investments in early childhood based on community input to improve the quality, access and equality of services and supports available to families with young children within grand county.

$466Kprogram expense
02

Mental Health

Promoting social emotional competence in children birth to 5 years by training and coaching early childhood teachers and parents on the pyramid plus approach, promoting incredible years curriculum and engaging community stakeholders to identifiy and develop mental health support for children with persistent challenging behaviours and…

$74Kprogram expense
03

Health

Increasing access to preventive oral and medical health care by linking health care early childhood sectors and providing universal training and technical assistance on standardized child development and oral health screening tools across grand county to promote early intervention including referral and follow-up services.

$59Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$684K · 98%
Investment income$17K · 2%
Contributions & grants98%$684K
Investment income2%$17K
Program service revenue$340
— government grantsLn 1e$323K
Total revenueLn 12$701K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.07 Fundraising $0.03
Program services90%$599K
Management & general7%$49K
Fundraising3%$17K
Total functional expensesLn 25$665K

Balance Sheet

Part X · end of year
CashLn 1$264K
Total assetsLn 16$758K
Total liabilitiesLn 26$21K
Total net assetsLn 32$737K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $508K · Operating expenses/yr $665K
9.2 months
Where the money goes
Program services
Program services $599K · Total expenses $665K
90%
Management & General
Management & general $49K · Total expenses $665K
7%
Fundraising
Fundraising $17K · Total expenses $665K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $316K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $684K · Total revenue $701K
98%
Government reliance
Government grants $323K · Total revenue $701K
46%
Earned-income share
Program service revenue $340 · Total revenue $701K
0.05%
Investment reliance
Investment income $17K · Total revenue $701K
+2%
Program self-sufficiency
Program service revenue $340 · Total expenses $665K
0.05%
Growth & trend
Revenue growth (YoY)
This year $701K · Prior year $658K
+6%
Revenue CAGR
FY2019 $407K · FY2024 $701K
+11%
Net-asset trend (YoY)
End of year $737K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $701K · Expenses $665K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $758K
Net-asset ratio
Net assets $737K · Total assets $758K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $243K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $758K
32%
People & payroll
Highest Reported Total Compensation
Individual Kathryn Hale · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $69K · Total expenses $665K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $339K · Total expenses $665K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 7%
Fundraising cost ratio 3%
Revenue growth 6%
Investment management fee ratio 0.3%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$289K
See all 4 funders →
Grants paid · 20 grants · $707K · 2019–2024
Winter Park Early Education CenterFY2024$15,900
Church of the Eternal HillsCO · FY2024$15,245
Kremmling PreschoolCO · FY2024$5,935
Church of the Eternal HillsCO · FY2023$9,220
Kremmling PreschoolCO · FY2023$8,101
Winter Park Early Education CenterFY2023$6,950
Kremmling PreschoolCO · FY2022$13,641
Church of the Eternal HillsCO · FY2022$12,207
Winter Park Early Education CenterFY2022$9,967
Winter Park Early Education CenterFY2021$14,550
Church of the Eternal HillsCO · FY2021$9,096
Kremmling PreschoolCO · FY2021$6,900
See all 20 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$701K revenue · viewing · ⤓ 990 PDF
FY2024$658K revenue · ⤓ 990 PDF
FY2023$534K revenue · ⤓ 990 PDF
FY2022$581K revenue · ⤓ 990 PDF
FY2021$429K revenue · ⤓ 990 PDF
FY2020$407K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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