Grand Tots INC EIN 35-1901271 Form 990 (PDF) Claim this org

Grand Tots INC

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Offers educational, social, and nutritional programs for seniors and children. For fiscal year 2024 it reported $666K in revenue, $663K in expenses, and $264K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Cedar Lake, IN
Website
grandtotsdaycare.com
Filings
5 on file (2020–2024)
Revenue
$666KFY2024
Expenses
$663K
Net assets
$264K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  35-1901271 Public charity (501(c)(3)) Cedar Lake, IN
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers educational, social, and nutritional programs for seniors and children.
Leadership
Cheryl Reynolds · Executive Director · $88K
Money in and out
$666K revenue, $663K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$666K
Pt VIII · Ln 12
Total expenses
$663K
Pt IX · Ln 25
Net assets
$264K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
3.9mo
months of highly liquid reserves at operating expense rate▼ -9% vs prior filing year
Surplus margin
+0.5%
revenue over expenses, this year▲ +104% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$666K
FY2024▲ +22%
Expenses
$663K
FY2024▲ +7%
Total assets
$246K
FY2024▼ -1%
Total liabilities
$-18K
FY2024▼ -43%
Total revenue
$666K
Pt VIII · Ln 12
Total expenses
$663K
Pt IX · Ln 25
Net assets
$264K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$246K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrand Tots INC
EINHdr · item D35-1901271
Principal addressHdr · item CCedar Lake, IN
WebsiteHdr · item Jgrandtotsdaycare.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33Z)
Ruling yearIRS BMFDec 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$88,302Pt VII · Sec A
Educational Cordinator
$38,482Pt VII · Sec A
Admin Asst
$33,283Pt VII · Sec A
Lead Teacher
$31,425Pt VII · Sec A
Lead Teacher
$28,338Pt VII · Sec A
Lead Teacher
$28,267Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Cheryl Reynolds’s $88K as Executive Director is at the 79th percentile of top reported officer pay among 2165 $100K–1M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Cheryl Reynolds$88,302$90,020$86,974$61,718$64,012
Rebecca Griegle$37,872$39,482$32,794
Rebecca Griegel$38,482
Denise Holcomb$33,283$33,631$34,885$30,025$20,772
Patricia Pierce$31,425$30,117$31,267$24,490$23,138
Diane Wachadlo$28,918$20,066$18,002
Michelle Slover$28,267$28,664
Lerin Manis$28,338$26,325

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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Mission & Programs · Part III

Where the work happens

3 program services account for $663K of program spending, described in the organization's own filed words · FY2024.
01

Our Child development center provides a safe environment that enriches the educational social and nutritional development of our community. In addition we prove an intergenerational component to our programming which brings the oldest and youngest members together to create and social and educational bond.

$524Kprogram expense
02

We provide before and after school programs for children 5-12 at our local elementary schools. Our programs allows children who are in need of and safe environment that also provides nutritional and educational programs.

$137Kprogram expense
03

We provide social nutritional educational and intergenerational programs to many of our elderly and impaired citizens in our community. This program allows many of our community members to engage in heath social activities.

$2Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$627K · 94%
Contributions & grants$33K · 5%
Investment income$4K · 1%
Program service revenue94%$627K
Contributions & grants5%$33K
Investment income1%$4K
Other revenue$2K
Total revenueLn 12$666K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$663K
Total functional expensesLn 25$663K

Balance Sheet

Part X · end of year
CashLn 1$216K
Total assetsLn 16$246K
Total liabilitiesLn 26$-18K
Total net assetsLn 32$264K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $216K · Operating expenses/yr $663K
3.9 months
Where the money goes
Program services
Program services $663K · Total expenses $663K
100%
Management & General
Management & general $0 · Total expenses $663K
0%
Fundraising
Fundraising $0 · Total expenses $663K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $34K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $33K · Total revenue $666K
5%
Government reliance
Government grants $0 · Total revenue $666K
0%
Earned-income share
Program service revenue $627K · Total revenue $666K
94%
Investment reliance
Investment income $4K · Total revenue $666K
+0.6%
Program self-sufficiency
Program service revenue $627K · Total expenses $663K
95%
Growth & trend
Revenue growth (YoY)
This year $666K · Prior year $545K
+22%
Revenue CAGR
FY2020 $433K · FY2024 $666K
+11%
Net-asset trend (YoY)
End of year $264K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $666K · Expenses $663K
+0.5%
Liabilities-to-Assets
Total liabilities — · Total assets $246K
Net-asset ratio
Net assets $264K · Total assets $246K
107%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $246K
0%
People & payroll
Highest Reported Total Compensation
Individual Cheryl Reynolds · Reported title Executive Director · Highest reported compensation $88K · Total expenses $663K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $497K · Total expenses $663K
75%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 22%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$666K revenue · viewing · ⤓ 990 PDF
FY2023$545K revenue · ⤓ 990 PDF
FY2022$847K revenue · ⤓ 990 PDF
FY2021$643K revenue · ⤓ 990 PDF
FY2020$433K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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