Happy Time Child Development FY2020 filing

Vinton, IAUnknown exempt organization EIN 42-0982401Revenue $561K in FY2020Latest return filed Feb 16, 2026

On file with the IRSVinton, IA

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Child care and preschool services are provided to area children. Services are available to all children; reduced rates and no-charge services are provided for low income families not able to pay. Care includes educational programs.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-0982401) · Dispute this line
89¢ of each $1 spent went to programs.
$43K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $36K a year · 6% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
89% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$43K
to officers and key staff · 8% of spending
Pay to officers and key staff is 8% of spending.
Part VII, Section A
3.4 mo
of spending, in cash
3.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$477K
69% of total assets
Liabilities are 69% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$561K
Spent
$562K
To programs
89%
Net assets
$212K
By yearFY2020–FY2025
Revenue
$561K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$561K
FY2021$790K
FY2022$875K
FY2023$491K
FY2024$430K
FY2025$177K
Expenses
$562K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$562K
FY2021$688K
FY2022$648K
FY2023$565K
FY2024$521K
FY2025$553K
Net assets
$212K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$212K
FY2021$313K
FY2022$540K
FY2023$467K
FY2024$376K
FY2025$0

From the FY2020 Form 990 (year ending September 2020) · see the original

You’re viewing the FY2020 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $498K Management & general 11% · $64K

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; $43K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Di
$42,942Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Leiha McNeal$57,959$6,358$9,420———
Kellie Roberts———$20,529$40,000$42,942
Margaret Coshaw——$31,189———
Holli Lewis——$14,859———
Jamie Schoch$323$1,721————

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.

See Happy Time Child Development executive salaries →

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 child care and preschool with educational programs, offering reduced rates for low-income families.

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1 program · $498K · in their own filed words · FY2019
01

Child care and preschool services are provided to over 100 area children throughout the year. Scholarships are provided for children from low income facilities unable to pay.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-0982401) · Dispute this line
$498Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $26K · 2024–2024
Wesley Mobile Food PantryFY2024$10,000
Tlc ProgramFY2024$8,500
Vinton Palace TheatreFY2024$7,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$561K
Ln 12
Fees for servicesLn 2g$485K
Other incomeLn 4–11$73K
Gifts and grantsLn 1h$3K
Money outPt IX
$562K
Ln 25
Programscol B$498K
Managementcol C$64K
Owns and owesPt X
$212K
net assets · Ln 32
Cash and savingsLn 1–2$160K
Total assetsLn 16$689K
LiabilitiesLn 26$477K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Fees for servicesLn 2g$485K
Investment incomeLn 3−$1K
Other incomeLn 4–11$73K
Total revenueLn 12$561K
Assets in detailPt X, end of year
CashLn 1$160K
Cash and savings togetherLn 1–2$160K
Accounts receivableLn 4$10K
Land, buildings, equipmentLn 10c$384K
InvestmentsLn 11–13$134K
Total assetsLn 16$689K
LiabilitiesLn 26$477K
Net assetsLn 32$212K
OperationsPt I, VI
EmployeesI 536
Fiscal year endsHeaderSeptember
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 FY20End FY20
Cash and savingsLn 1–2$49K$160K
InvestmentsLn 11–13$102K$134K
Land, buildings, equipmentLn 10c$370K$384K
Total assetsLn 16$530K$689K
LiabilitiesLn 26$317K$477K
Net assetsLn 32$213K$212K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$43K$43K
Other salaries and wagesLn 7$361K$361K
Payroll taxesLn 10$30K$27K$2K
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$818$736$82
Office expensesLn 13$6K$6K
OccupancyLn 16$11K$10K$1K
TravelLn 17$795$715$80
InterestLn 20$16K$15K$2K
Depreciation, depletion and amortizationLn 22$20K$18K$2K
InsuranceLn 23$7K$6K$711
Other expenses (24a–d)Ln 24$61K$58K$3K
All other expensesLn 24e$5K$2K$3K
Total functional expensesLn 25$562K$498K$64K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 16, 2026 $177K$553K−$376K$0 990 PDF
FY2024Filed with the IRS Feb 3, 2025 $430K$521K−$91K$376K 990 PDF
FY2023Filed with the IRS Feb 16, 2024 $491K$565K−$74K$467K 990 PDF
FY2022Filed with the IRS Feb 6, 2023 $875K$648K$227K$540K 990 PDF
FY2021Filed with the IRS Mar 29, 2022 $790K$688K$101K$313K 990 PDF
FY2020 ViewingFiled with the IRS Jan 27, 2021 $561K$562K−$2K$212K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $560,912 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,227$3,090
I-9 Program service revenuePrior year $438,023$485,113
I-10 Investment incomePrior year $4,032−$1,391
I-11 Other revenue$74,100
I-12 Total revenuePrior year $445,282$560,912
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $340,902$433,236
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $130,431$129,193
I-18 Total expensesPrior year $471,333$562,429
I-19 Revenue less expensesPrior year −$26,051−$1,517
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $560,912 across 6 lines filed
VIII-1f All other contributions, gifts and grants$3,090
VIII-1h Total contributions, gifts and grants$3,090
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $485,113$485,113
VIII-3 Investment incomeRelated to mission −$1,391−$1,391
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $74,100$74,100
VIII-12 Total revenueRelated to mission $557,822$560,912
Part IX · Statement of functional expenses $562,429 across 13 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $42,942$42,942
IX-7 Other salaries and wagesPrograms $360,717$360,717
IX-10 Payroll taxesPrograms $27,109 · Management $2,468$29,577
IX-11c Accounting feesManagement $1,091$1,091
IX-12 Advertising and promotionPrograms $736 · Management $82$818
IX-13 Office expensesManagement $5,969$5,969
IX-16 OccupancyPrograms $9,803 · Management $1,089$10,892
IX-17 TravelPrograms $715 · Management $80$795
IX-20 InterestPrograms $14,586 · Management $1,621$16,207
IX-22 Depreciation, depletion and amortizationPrograms $18,296 · Management $2,031$20,327
IX-23 InsurancePrograms $6,394 · Management $711$7,105
IX-24 Other expenses (24a–d)Programs $57,820 · Management $3,259$61,079
IX-24e All other expensesPrograms $2,155 · Management $2,755$4,910
IX-25 Total functional expensesPrograms $498,331 · Management $64,098 · Fundraising $0$562,429
Part X · Balance sheet $688,647 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $49,051$160,469
X-4 Accounts receivableStart of year $9,918$10,078
X-10c Land, buildings and equipment, netStart of year $369,518$384,021
X-11 Publicly traded securitiesStart of year $101,664$134,079
X-16 Total assetsStart of year $530,151$688,647
X-17 Accounts payable and accrued expensesStart of year $2,385$3,662
X-23 Secured mortgages and notes payableStart of year $305,313$296,831
X-24 Unsecured notes and loans payable$149,900
X-25 Other liabilitiesStart of year $9,424$26,742
X-26 Total liabilitiesStart of year $317,122$477,135
X-27 Net assets without donor restrictionsStart of year $213,029$211,512
X-32 Total net assets or fund balancesStart of year $213,029$211,512
X-33 Total liabilities and net assetsStart of year $530,151$688,647
Part XI · Reconciliation of net assets $211,512 net assets at year end
XI-1 Total revenue$560,912
XI-2 Total expenses$562,429
XI-3 Revenue less expenses−$1,517
XI-4 Net assets at start of year$213,029
XI-10 Net assets at end of year$211,512

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

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