Parkside Child Development Center FY2020 filing

Tax-deductible

Albuquerque, NM501(c)(3)Human ServicesEIN 26-2894628Revenue $2.8M in FY2020

On file with the IRS3248 a Isleta Blvd Sw, 87105-5833 · Albuquerque, NMTax-exempt since Mar 2011Publicly supported charity — 170(b)(1)(A)(vi)

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To provide quality Child care and education for low-income families so parents can work

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$132K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $982K a year · 25% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$132K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$88K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
Spent
$2.6M
To programs
94%
Net assets
$587K
By yearFY2020–FY2024
Revenue
$2.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$3.8M
FY2022$4.7M
FY2023$3.8M
FY2024$4.9M
Expenses
$2.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$2.6M
FY2022$2.9M
FY2023$3.2M
FY2024$3.8M
Net assets
$587K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$587K
FY2021$1.7M
FY2022$3.6M
FY2023$4.2M
FY2024$5.4M

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

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2011.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $2.5M Management & general 6% · $158K

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

9 people listed on the 990; $132K paid to officers and key staff.

Part VII, Section A · reportable compensation
Employee
$37,454Pt VII · Sec A
$36,030Pt VII · Sec A
$35,121Pt VII · Sec A
Registered Agent
$23,532Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Janet Rendon’s $60K as Employee is at the 7th percentile of top reported officer pay among 3868 $1–10M human services 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Janet Rendon$60,000$57,493$50,400$44,306$37,454
Tamra M Baca$47,139————
Hannah L Tapia$46,124$45,438$41,134$37,235$35,121
Ilene M Harding$44,400$42,820$41,100——
Ilene M Marchant———$40,600$36,030
Kristeena Dehne$33,915$30,655$30,275$25,200$23,532

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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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 15aYes

Programs and updates

Offers affordable childcare and education, enabling parents to work.

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Provided by the organization

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1 program · $2.5M · in their own filed words · FY2020
01

To provide quality child care and education for low-income families so parents can work.

$2.5Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$104K
Other incomeLn 4–11$6K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.5M
Managementcol C$158K
Owns and owesPt X
$587K
net assets · Ln 32
Cash and savingsLn 1–2$484K
Total assetsLn 16$675K
LiabilitiesLn 26$88K
PeoplePt VI, VII
9
listed · VII A
PaidVII A4
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Government grantsLn 1e$2.7M
Fees for servicesLn 2g$104K
Other incomeLn 4–11$6K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$484K
Cash and savings togetherLn 1–2$484K
Land, buildings, equipmentLn 10c$191K
Total assetsLn 16$675K
LiabilitiesLn 26$88K
Net assetsLn 32$587K
OperationsPt I, VI
EmployeesI 560
VolunteersI 63
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$336K$484K
Land, buildings, equipmentLn 10c$238K$191K
Total assetsLn 16$575K$675K
LiabilitiesLn 26$45K$88K
Net assetsLn 32$529K$587K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.1M$1.1M$68K$0
Payroll taxesLn 10$84K$79K$5K$0
Management feesLn 11a$74K$69K$4K$0
Legal feesLn 11b$439$439$0$0
Accounting feesLn 11c$5K$5K$320$0
Other fees for servicesLn 11g$14K$13K$839$0
Advertising and promotionLn 12$33K$31K$2K$0
Office expensesLn 13$85K$80K$5K$0
Information technologyLn 14$24K$22K$1K$0
OccupancyLn 16$366K$344K$22K$0
TravelLn 17$83K$78K$5K$0
Depreciation, depletion and amortizationLn 22$18K$17K$1K$0
InsuranceLn 23$75K$70K$4K$0
Other expenses (24a–d)Ln 24$367K$345K$22K$0
All other expensesLn 24e$273K$257K$16K$0
Total functional expensesLn 25$2.6M$2.5M$158K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.9M$3.8M$1.2M$5.4M 990 PDF
FY2023 $3.8M$3.2M$611K$4.2M 990 PDF
FY2022 $4.7M$2.9M$1.8M$3.6M 990 PDF
FY2021 $3.8M$2.6M$1.2M$1.7M 990 PDF
FY2020 Viewing $2.8M$2.6M$179K$587K 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 $2,810,903 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,771,281$2,700,861
I-9 Program service revenuePrior year $245,996$104,229
I-10 Investment income$0
I-11 Other revenuePrior year $7,877$5,813
I-12 Total revenuePrior year $3,025,154$2,810,903
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,315,933$1,215,310
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,669,050$1,417,054
I-18 Total expensesPrior year $2,984,983$2,632,364
I-19 Revenue less expensesPrior year $40,171$178,539
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,810,903 across 6 lines filed
VIII-1e Government grants$2,652,492
VIII-1f All other contributions, gifts and grants$48,369
VIII-1h Total contributions, gifts and grants$2,700,861
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $6,254 · Excluded from tax $0$104,229
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,464 · Unrelated business $349 · Excluded from tax $0$5,813
VIII-12 Total revenueRelated to mission $103,439 · Unrelated business $6,603 · Excluded from tax $0$2,810,903
Part IX · Statement of functional expenses $2,632,364 across 15 lines filed
IX-7 Other salaries and wagesPrograms $1,063,568 · Management $67,887 · Fundraising $0$1,131,455
IX-10 Payroll taxesPrograms $78,824 · Management $5,031 · Fundraising $0$83,855
IX-11a Management feesPrograms $69,290 · Management $4,423 · Fundraising $0$73,713
IX-11b Legal feesPrograms $439 · Management $0 · Fundraising $0$439
IX-11c Accounting feesPrograms $5,004 · Management $320 · Fundraising $0$5,324
IX-11g Other fees for servicesPrograms $13,138 · Management $839 · Fundraising $0$13,977
IX-12 Advertising and promotionPrograms $30,960 · Management $1,976 · Fundraising $0$32,936
IX-13 Office expensesPrograms $79,997 · Management $5,106 · Fundraising $0$85,103
IX-14 Information technologyPrograms $22,270 · Management $1,421 · Fundraising $0$23,691
IX-16 OccupancyPrograms $344,435 · Management $21,985 · Fundraising $0$366,420
IX-17 TravelPrograms $78,149 · Management $4,988 · Fundraising $0$83,137
IX-22 Depreciation, depletion and amortizationPrograms $16,574 · Management $1,058 · Fundraising $0$17,632
IX-23 InsurancePrograms $70,100 · Management $4,474 · Fundraising $0$74,574
IX-24 Other expenses (24a–d)Programs $345,085 · Management $22,029 · Fundraising $0$367,114
IX-24e All other expensesPrograms $256,668 · Management $16,326 · Fundraising $0$272,994
IX-25 Total functional expensesPrograms $2,474,501 · Management $157,863 · Fundraising $0$2,632,364
Part X · Balance sheet $675,050 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $336,217$484,375
X-10c Land, buildings and equipment, netStart of year $238,449$190,675
X-16 Total assetsStart of year $574,666$675,050
X-25 Other liabilitiesStart of year $45,300$88,413
X-26 Total liabilitiesStart of year $45,300$88,413
X-32 Total net assets or fund balancesStart of year $529,366$586,637
X-33 Total liabilities and net assetsStart of year $574,666$675,050
Part XI · Reconciliation of net assets $586,637 net assets at year end
XI-1 Total revenue$2,810,903
XI-2 Total expenses$2,632,364
XI-3 Revenue less expenses$178,539
XI-4 Net assets at start of year$529,366
XI-10 Net assets at end of year$586,637

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

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