Daycare and learning for young children

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $195K a year · 22% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$844
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$771K
+38% vs prior year
Spent
$547K
To programs
87%
Net assets
$469K
By yearFY2020–FY2025
Revenue
$771K
FY2021▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2020$560K
FY2021$771K
FY2022$723K
FY2023$726K
FY2024$777K
FY2025$1.8M
Expenses
$547K
FY2021▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$492K
FY2021$547K
FY2022$611K
FY2023$669K
FY2024$918K
FY2025$908K
Net assets
$469K
FY2021▲ +91%
Tap a bar for its year
Net assets by fiscal year
FY2020$245K
FY2021$469K
FY2022$580K
FY2023$637K
FY2024$496K
FY2025$1.4M

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1972.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $476K Management & general 13% · $72K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Managing Director
$0Pt VII · Sec A
See The Discovery Place 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

Provides daycare and learning opportunities for young children.

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Provided by the organization

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1 program · $476K · in their own filed words · FY2020
01

Provided daycare for over 100 young children, 5 days per week, all year.

$476Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$16K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$771K
Ln 12
Fees for servicesLn 2g$534K
Gifts and grantsLn 1h$230K
Other incomeLn 4–11$6K
Money outPt IX
$547K
Ln 25
Programscol B$476K
Managementcol C$72K
Owns and owesPt X
$469K
net assets · Ln 32
Cash and savingsLn 1–2$316K
Total assetsLn 16$470K
LiabilitiesLn 26$844
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$230K
Fees for servicesLn 2g$534K
Investment incomeLn 3$450
Other incomeLn 4–11$6K
Gains on assetsLn 7$0
Total revenueLn 12$771K
Assets in detailPt X, end of year
CashLn 1$33K
SavingsLn 2$283K
Cash and savings togetherLn 1–2$316K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$151K
Other assetsLn 15$0
Total assetsLn 16$470K
LiabilitiesLn 26$844
Net assetsLn 32$469K
OperationsPt I, VI
EmployeesI 524
VolunteersI 610
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$234K$316K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$81K$151K
Total assetsLn 16$333K$470K
LiabilitiesLn 26$87K$844
Net assetsLn 32$245K$469K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$373K$317K$56K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$29K$25K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$583$496$87
Office expensesLn 13$6K$5K$856
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$471$400$71
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$8K$7K$1K
InsuranceLn 23$11K$9K$2K
Other expenses (24a–d)Ln 24$90K$86K$4K
All other expensesLn 24e$30K$26K$3K
Total functional expensesLn 25$547K$476K$72K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$908K$854K$1.4M 990 PDF
FY2024 $777K$918K−$141K$496K 990 PDF
FY2023 $726K$669K$57K$637K 990 PDF
FY2022 $723K$611K$112K$580K 990 PDF
FY2021 Viewing $771K$547K$223K$469K 990 PDF
FY2020 $560K$492K$68K$245K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $770,697 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $66,402$230,497
I-9 Program service revenuePrior year $490,673$534,234
I-10 Investment incomePrior year $422$450
I-11 Other revenuePrior year $2,054$5,516
I-12 Total revenuePrior year $559,551$770,697
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $380,941$402,308
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $110,584$145,139
I-18 Total expensesPrior year $491,525$547,447
I-19 Revenue less expensesPrior year $68,026$223,250
Part VI · Governance 6 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $770,697 across 10 lines filed
VIII-1f All other contributions, gifts and grants$230,497
VIII-1h Total contributions, gifts and grants$230,497
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $534,234$534,234
VIII-3 Investment incomeRelated to mission $450$450
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,516$5,516
VIII-12 Total revenueRelated to mission $540,200$770,697
Part IX · Statement of functional expenses $547,447 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $317,438 · Management $56,019$373,457
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $24,523 · Management $4,328$28,851
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $496 · Management $87$583
IX-13 Office expensesPrograms $4,849 · Management $856$5,705
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $400 · Management $71$471
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $6,666 · Management $1,176$7,842
IX-23 InsurancePrograms $8,976 · Management $1,584$10,560
IX-24 Other expenses (24a–d)Programs $85,958 · Management $4,327$90,285
IX-24e All other expensesPrograms $26,319 · Management $3,374$29,693
IX-25 Total functional expensesPrograms $475,625 · Management $71,822 · Fundraising $0$547,447
Part X · Balance sheet $469,506 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $33,525$33,408
X-2 Savings and temporary cash investmentsStart of year $200,585$282,708
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $17,582$2,502
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $80,897$150,888
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $332,589$469,506
X-17 Accounts payable and accrued expensesStart of year $2,252$844
X-26 Total liabilitiesStart of year $87,177$844
X-32 Total net assets or fund balancesStart of year $245,412$468,662
X-33 Total liabilities and net assetsStart of year $332,589$469,506
Part XI · Reconciliation of net assets $468,662 net assets at year end
XI-1 Total revenue$770,697
XI-2 Total expenses$547,447
XI-3 Revenue less expenses$223,250
XI-4 Net assets at start of year$245,412
XI-10 Net assets at end of year$468,662

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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