Kinder Cub School INC

Tax-deductible

Cross City, FL501(c)(3)EducationEIN 27-2857690Revenue $1.4M in FY2025

On file with the IRSkindercubschool.org149 Ne 221st Ave, 32628-5663 · Cross City, FLTax-exempt since Apr 2011School — 170(b)(1)(A)(ii)

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Kinder Cub School INC is a charter School operating in dixie county, florida, whose purpose is to provide an alternative source of education for kindergarten and primary elementary students.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 5 volunteers and 32 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
2 of 5
filings with a surplus
Average deficit $28K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 6% of spending
Top officer’s pay lower than 84% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-2% vs prior year
Spent
$1.3M
To programs
80%
Net assets
−$31K
By yearFY2021–FY2025
Revenue
$1.4M
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.5M
FY2022$1.3M
FY2023$1.4M
FY2024$1.4M
FY2025$1.4M
Expenses
$1.3M
FY2025▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.4M
FY2022$1.3M
FY2023$1.5M
FY2024$1.6M
FY2025$1.3M
Net assets
−$31K
FY2025▲ +73%
Tap a bar for its year
Net assets by fiscal year
FY2021$198K
FY2022$160K
FY2023$39K
FY2024−$112K
FY2025−$31K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2011.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $1.1M Management & general 20% · $262K

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

7 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Administrator
$74,892Pt VII · Sec A
$0Pt VII · Sec A
Community Representative
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Parent Representative
$0Pt VII · Sec A
Parent Representative
$0Pt VII · Sec A

Aimee Underwood’s $75K as Administrator is at the 16th percentile of top reported officer pay among 3394 $1–10M 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Rita Harris——$102,301$81,858$86,684
Aimee Underwood$74,892$76,546———

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

Provides alternative education for kindergarten and primary students.

Provided by the organization

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1 program · $1.1M · in their own filed words · FY2024
01

Provinding educational services to children, kindergarten through second grades and a VPK program.

$1.1Mprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$164K
Investment incomeLn 3$3K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.1M
Managementcol C$262K
Owns and owesPt X
−$31K
net assets · Ln 32
Cash and savingsLn 1–2$247K
Total assetsLn 16$1.7M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$1.1M
Fees for servicesLn 2g$164K
Investment incomeLn 3$3K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$247K
Cash and savings togetherLn 1–2$247K
Land, buildings, equipmentLn 10c$1.1M
Other assetsLn 15$290K
Total assetsLn 16$1.7M
LiabilitiesLn 26$1.7M
Net assetsLn 32−$31K
OperationsPt I, VI
EmployeesI 532
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$111K$247K
Land, buildings, equipmentLn 10c$1.1M$1.1M
Total assetsLn 16$1.7M$1.7M
LiabilitiesLn 26$1.8M$1.7M
Net assetsLn 32−$112K−$31K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$78K$74K$4K$0
Other salaries and wagesLn 7$561K$462K$99K$0
Other employee benefitsLn 9$126K$114K$12K$0
Payroll taxesLn 10$46K$38K$8K$0
Management feesLn 11a$11K$6K$5K$0
Accounting feesLn 11c$39K$0$39K$0
Office expensesLn 13$15K$0$15K$0
Information technologyLn 14$22K$22K$0$0
OccupancyLn 16$23K$22K$1K$0
TravelLn 17$4K$0$4K$0
InterestLn 20$37K$35K$2K$0
Depreciation, depletion and amortizationLn 22$47K$0$47K$0
InsuranceLn 23$41K$27K$13K$0
Other expenses (24a–d)Ln 24$102K$93K$10K$0
All other expensesLn 24e$163K$159K$4K$0
Total functional expensesLn 25$1.3M$1.1M$262K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.4M$1.3M$81K−$31K 990 PDF
FY2024 $1.4M$1.6M−$151K−$112K 990 PDF
FY2023 $1.4M$1.5M−$121K$39K 990 PDF
FY2022 $1.3M$1.3M−$38K$160K 990 PDF
FY2021 $1.5M$1.4M$90K$198K 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 FY2025 990 (6 parts)
Part I · Summary $1,394,870 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,259,595$1,227,015
I-9 Program service revenuePrior year $164,546$164,484
I-10 Investment income$3,371
I-11 Other revenue$0
I-12 Total revenuePrior year $1,424,141$1,394,870
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $840,564$810,398
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $734,210$503,387
I-18 Total expensesPrior year $1,574,774$1,313,785
I-19 Revenue less expensesPrior year −$150,633$81,085
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,394,870 across 6 lines filed
VIII-1e Government grants$1,131,789
VIII-1f All other contributions, gifts and grants$95,226
VIII-1h Total contributions, gifts and grants$1,227,015
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$164,484
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $3,371$3,371
VIII-12 Total revenueRelated to mission $164,484 · Unrelated business $0 · Excluded from tax $3,371$1,394,870
Part IX · Statement of functional expenses $1,313,785 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $74,321 · Management $3,912 · Fundraising $0$78,233
IX-7 Other salaries and wagesPrograms $461,750 · Management $98,754 · Fundraising $0$560,504
IX-9 Other employee benefitsPrograms $113,740 · Management $12,292 · Fundraising $0$126,032
IX-10 Payroll taxesPrograms $38,063 · Management $7,566 · Fundraising $0$45,629
IX-11a Management feesPrograms $6,057 · Management $4,900 · Fundraising $0$10,957
IX-11c Accounting feesPrograms $0 · Management $38,600 · Fundraising $0$38,600
IX-13 Office expensesPrograms $0 · Management $14,794 · Fundraising $0$14,794
IX-14 Information technologyPrograms $22,345 · Management $0 · Fundraising $0$22,345
IX-16 OccupancyPrograms $21,573 · Management $1,135 · Fundraising $0$22,708
IX-17 TravelPrograms $0 · Management $3,776 · Fundraising $0$3,776
IX-20 InterestPrograms $34,934 · Management $1,839 · Fundraising $0$36,773
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $47,111 · Fundraising $0$47,111
IX-23 InsurancePrograms $27,261 · Management $13,362 · Fundraising $0$40,623
IX-24 Other expenses (24a–d)Programs $92,542 · Management $9,675 · Fundraising $0$102,217
IX-24e All other expensesPrograms $159,302 · Management $4,181 · Fundraising $0$163,483
IX-25 Total functional expensesPrograms $1,051,888 · Management $261,897 · Fundraising $0$1,313,785
Part X · Balance sheet $1,655,891 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $111,034$246,877
X-3 Pledges and grants receivableStart of year $67,215$3,434
X-9 Prepaid expenses and deferred chargesStart of year $36,892$46,161
X-10c Land, buildings and equipment, netStart of year $1,074,451$1,069,280
X-15 Other assetsStart of year $366,757$290,139
X-16 Total assetsStart of year $1,656,349$1,655,891
X-17 Accounts payable and accrued expensesStart of year $44,578$43,297
X-25 Other liabilitiesStart of year $894,452$843,330
X-26 Total liabilitiesStart of year $1,768,003$1,686,460
X-32 Total net assets or fund balancesStart of year −$111,654−$30,569
X-33 Total liabilities and net assetsStart of year $1,656,349$1,655,891
Part XI · Reconciliation of net assets −$30,569 net assets at year end
XI-1 Total revenue$1,394,870
XI-2 Total expenses$1,313,785
XI-3 Revenue less expenses$81,085
XI-4 Net assets at start of year−$111,654
XI-10 Net assets at end of year−$30,569

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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