West Austin Development Center FY2020 filing

Tax-deductible

Chicago, IL501(c)(3)EducationEIN 20-5984602Revenue $1.6M in FY2020

On file with the IRS4920 W Madison St, 60644-3541 · Chicago, ILTax-exempt since Aug 2019School — 170(b)(1)(A)(ii)

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To provide day care and early childhood education services to low income and children through various federal and state programs. To assist in their Development including positive schooling outcomes.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
3 of 4
filings with a surplus
Average surplus $139K a year · 7% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $59K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$287K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
Spent
$1.6M
To programs
100%
Net assets
$829K
By yearFY2020–FY2023
Revenue
$1.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$1.9M
FY2022$2.0M
FY2023$2.3M
Expenses
$1.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.5M
FY2022$1.7M
FY2023$2.3M
Net assets
$829K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$829K
FY2021$1.2M
FY2022$1.4M
FY2023$789K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Exemption reinstated (2018-05-15). Per the IRS revocation list. Latest filing on record: FY2023. IRS ruling in Aug 2019.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.6M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See West Austin Development Center 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers childcare and early education to low-income children, supporting their development and school success.

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Provided by the organization

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3 programs · $1.4M · in their own filed words · FY2020
01

Funding through the department of children and family services (DCFS) supports day care services for individual high-risk families whose children are in open DCFS cases. These services prevent and reduce parental stress that may lead to child abuse or neglect.

$580Kprogram expense
02

Funding through head start allows us to provide enhanced services improving the lives of the children and their families. Head start supports ongoing professional development of the teachers and assistants who provide daily instruction and supervision of the childrens various activities in the facility.

$486Kprogram expense
03

Funding through the department of agriculture food program ensures that our students, among those from the most economically challenged families in the area, are able to have nutritious meals and snacks every school day.

$293Kprogram 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$59K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.6M
Money outPt IX
$1.6M
Ln 25
Programscol B$1.6M
Owns and owesPt X
$829K
net assets · Ln 32
Cash and savingsLn 1–2$537K
Total assetsLn 16$1.1M
LiabilitiesLn 26$287K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.6M
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$96K
SavingsLn 2$440K
Cash and savings togetherLn 1–2$537K
Land, buildings, equipmentLn 10c$428K
Total assetsLn 16$1.1M
LiabilitiesLn 26$287K
Net assetsLn 32$829K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$269K$537K
Land, buildings, equipmentLn 10c$488K$428K
Total assetsLn 16$966K$1.1M
LiabilitiesLn 26$66K$287K
Net assetsLn 32$901K$829K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$36K$36K
Legal feesLn 11b$18K$18K
Accounting feesLn 11c$24K$24K
Advertising and promotionLn 12$24K$24K
Office expensesLn 13$20K$20K
Information technologyLn 14$4K$4K
OccupancyLn 16$258K$258K
InterestLn 20$12K$12K
Depreciation, depletion and amortizationLn 22$60K$60K
InsuranceLn 23$50K$50K
Other expenses (24a–d)Ln 24$1.1M$1.1M
Total functional expensesLn 25$1.6M$1.6M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $2.3M$2.3M$8K$789K 990 PDF
FY2022 $2.0M$1.7M$264K$1.4M 990 PDF
FY2021 $1.9M$1.5M$355K$1.2M 990 PDF
FY2020 Viewing $1.6M$1.6M−$72K$829K 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 FY2020 990 (6 parts)
Part I · Summary $1,570,730 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,969,953$1,570,730
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,969,953$1,570,730
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $60,000$36,200
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,749,595$1,606,438
I-18 Total expensesPrior year $1,809,595$1,642,638
I-19 Revenue less expensesPrior year $160,358−$71,908
Part VI · Governance 1 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,570,730 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,570,730$1,570,730
VIII-12 Total revenueRelated to mission $1,570,730 · Unrelated business $0 · Excluded from tax $0$1,570,730
Part IX · Statement of functional expenses $1,642,638 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $36,200$36,200
IX-11b Legal feesPrograms $17,830$17,830
IX-11c Accounting feesPrograms $23,850$23,850
IX-12 Advertising and promotionPrograms $24,300$24,300
IX-13 Office expensesPrograms $19,804$19,804
IX-14 Information technologyPrograms $4,035$4,035
IX-16 OccupancyPrograms $258,319$258,319
IX-20 InterestPrograms $11,637$11,637
IX-22 Depreciation, depletion and amortizationPrograms $59,675$59,675
IX-23 InsurancePrograms $49,805$49,805
IX-24 Other expenses (24a–d)Programs $1,137,183$1,137,183
IX-25 Total functional expensesPrograms $1,642,638 · Management $0 · Fundraising $0$1,642,638
Part X · Balance sheet $1,115,926 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $98,469$96,317
X-2 Savings and temporary cash investmentsStart of year $170,813$440,303
X-4 Accounts receivableStart of year $170,665$112,607
X-9 Prepaid expenses and deferred chargesStart of year $38,200$38,200
X-10c Land, buildings and equipment, netStart of year $488,174$428,499
X-16 Total assetsStart of year $966,321$1,115,926
X-17 Accounts payable and accrued expensesStart of year $15,662$14,219
X-26 Total liabilitiesStart of year $65,502$287,015
X-27 Net assets without donor restrictionsStart of year $900,819$828,911
X-32 Total net assets or fund balancesStart of year $900,819$828,911
X-33 Total liabilities and net assetsStart of year $966,321$1,115,926
Part XI · Reconciliation of net assets $828,911 net assets at year end
XI-1 Total revenue$1,570,730
XI-2 Total expenses$1,642,638
XI-3 Revenue less expenses−$71,908
XI-4 Net assets at start of year$900,819
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$828,911

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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