Childrens Equity Coalition FY2022 filing

Little Rock, ARUnknown exempt organizationEIN 13-3672592Revenue $171K in FY2022

On file with the IRShippyusa.orgPo Box 1034 · Little Rock, AR

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Hippy partners with parents to prepare their children for success in school.

82¢ of each $1 spent went to programs.
$114K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $173K a year · 26% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$114K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$63K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$171K
-85% vs prior year
Spent
$581K
To programs
82%
Net assets
$160K
By yearFY2020–FY2023
Revenue
$171K
FY2022▼ -85%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.1M
FY2022$171K
FY2023$173K
Expenses
$581K
FY2022▼ -52%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.2M
FY2022$581K
FY2023$256K
Net assets
$160K
FY2022▼ -72%
Tap a bar for its year
Net assets by fiscal year
FY2020$643K
FY2021$571K
FY2022$160K
FY2023$160K

From the FY2022 Form 990 (year ending June 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $479K Management & general 13% · $73K Fundraising 5% · $30K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $114K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$114,346Pt VII · Sec A
$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

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Staci Croom-Raley$43,615$114,346$114,346$115,051

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.

See Childrens Equity Coalition executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps parents prepare their children for school success.

Questions for Childrens Equity Coalition

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Provided by the organization

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1 program · $479K · in their own filed words · FY2021
01

Children's equity coalition, an easy to use program that focuses on family literacy, school readiness and caregiver INVOLEMENT.THE children's equity coalition helps caregivers prepare their preschool children to succeed in school and beyond.

$479Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$13K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$171K
Ln 12
Fees for servicesLn 2g$134K
Gifts and grantsLn 1h$37K
Other incomeLn 4–11$334
Money outPt IX
$581K
Ln 25
Programscol B$479K
Managementcol C$73K
Fundraisingcol D$30K
Owns and owesPt X
$160K
net assets · Ln 32
Cash and savingsLn 1–2$198K
Total assetsLn 16$223K
LiabilitiesLn 26$63K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$37K
Fees for servicesLn 2g$134K
Other incomeLn 4–11$334
Total revenueLn 12$171K
Assets in detailPt X, end of year
CashLn 1$198K
Cash and savings togetherLn 1–2$198K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$223K
LiabilitiesLn 26$63K
Net assetsLn 32$160K
OperationsPt I, VI
EmployeesI 59
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$178K$198K
Land, buildings, equipmentLn 10c$17K$9K
Total assetsLn 16$735K$223K
LiabilitiesLn 26$165K$63K
Net assetsLn 32$571K$160K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$268K$217K$46K$5K
Payroll taxesLn 10$49K$40K$8K$979
Office expensesLn 13$2K$2K$230$114
OccupancyLn 16$8K$6K$687$458
TravelLn 17$0$0$0$0
Conferences, conventions and meetingsLn 19$20K$20K$0$0
Depreciation, depletion and amortizationLn 22$8K$7K$740$493
InsuranceLn 23$11K$9K$1K$528
Other expenses (24a–d)Ln 24$164K$129K$14K$21K
All other expensesLn 24e$51K$49K$2K$956
Total functional expensesLn 25$581K$479K$73K$30K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $173K$256K−$83K$160K 990 PDF
FY2022 Viewing $171K$581K−$410K$160K 990 PDF
FY2021 $1.1M$1.2M−$72K$571K 990 PDF
FY2020 $1.2M$1.3M−$126K$643K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $170,727 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $296,589$36,713
I-9 Program service revenuePrior year $837,216$133,680
I-10 Investment incomePrior year $194$0
I-11 Other revenuePrior year $0$334
I-12 Total revenuePrior year $1,133,999$170,727
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $532,497$316,968
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $673,743$264,104
I-18 Total expensesPrior year $1,206,240$581,072
I-19 Revenue less expensesPrior year −$72,241−$410,345
Part VI · Governance 15 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $170,727 across 4 lines filed
Lines not itemized here account for $334 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$36,713
VIII-1h Total contributions, gifts and grants$36,713
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$133,680
VIII-12 Total revenueRelated to mission $134,014 · Unrelated business $0 · Excluded from tax $0$170,727
Part IX · Statement of functional expenses $581,072 across 10 lines filed
IX-7 Other salaries and wagesPrograms $217,107 · Management $45,566 · Fundraising $5,360$268,033
IX-10 Payroll taxesPrograms $39,637 · Management $8,319 · Fundraising $979$48,935
IX-13 Office expensesPrograms $1,952 · Management $230 · Fundraising $114$2,296
IX-16 OccupancyPrograms $6,487 · Management $687 · Fundraising $458$7,632
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $20,199 · Management $0 · Fundraising $0$20,199
IX-22 Depreciation, depletion and amortizationPrograms $6,984 · Management $740 · Fundraising $493$8,217
IX-23 InsurancePrograms $8,970 · Management $1,055 · Fundraising $528$10,553
IX-24 Other expenses (24a–d)Programs $128,699 · Management $14,380 · Fundraising $20,853$163,932
IX-24e All other expensesPrograms $48,618 · Management $1,701 · Fundraising $956$51,275
IX-25 Total functional expensesPrograms $478,653 · Management $72,678 · Fundraising $29,741$581,072
Part X · Balance sheet $223,016 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $177,567$197,599
X-4 Accounts receivableStart of year $12,840$16,636
X-10c Land, buildings and equipment, netStart of year $16,998$8,781
X-16 Total assetsStart of year $735,254$223,016
X-17 Accounts payable and accrued expensesStart of year $164,656$62,763
X-26 Total liabilitiesStart of year $164,656$62,763
X-27 Net assets without donor restrictionsStart of year $566,298$160,253
X-32 Total net assets or fund balancesStart of year $570,598$160,253
X-33 Total liabilities and net assetsStart of year $735,254$223,016
Part XI · Reconciliation of net assets $160,253 net assets at year end
XI-1 Total revenue$170,727
XI-2 Total expenses$581,072
XI-3 Revenue less expenses−$410,345
XI-4 Net assets at start of year$570,598
XI-10 Net assets at end of year$160,253

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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