Happy Time Child Development FY2021 filing

Vinton, IAUnknown exempt organization EIN 42-0982401Revenue $790K in FY2021Latest 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, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-0982401) · Dispute this line
88¢ of each $1 spent went to programs.
$40K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$40K
to officers and key staff · 6% of spending
Pay to officers and key staff is 6% of spending.
Part VII, Section A
7.6 mo
of spending, in cash
7.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$821K
72% of total assets
Liabilities are 72% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$790K
+41% vs prior year
Spent
$688K
To programs
88%
Net assets
$313K
By yearFY2020–FY2025
Revenue
$790K
FY2021▲ +41%
Tap a bar for its year
Revenue by fiscal year
FY2020$561K
FY2021$790K
FY2022$875K
FY2023$491K
FY2024$430K
FY2025$177K
Expenses
$688K
FY2021▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$562K
FY2021$688K
FY2022$648K
FY2023$565K
FY2024$521K
FY2025$553K
Net assets
$313K
FY2021▲ +48%
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 FY2021 Form 990 (year ending September 2021) · see the original

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $605K Management & general 12% · $83K

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

8 people listed on the 990; $40K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Di
$40,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$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 · $605K · in their own filed words · FY2020
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, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-0982401) · Dispute this line
$605Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$790K
Ln 12
Fees for servicesLn 2g$709K
Investment incomeLn 3$41K
Gifts and grantsLn 1h$39K
Money outPt IX
$688K
Ln 25
Programscol B$605K
Managementcol C$83K
Owns and owesPt X
$313K
net assets · Ln 32
Cash and savingsLn 1–2$436K
Total assetsLn 16$1.1M
LiabilitiesLn 26$821K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$39K
Government grantsLn 1e$3K
Fees for servicesLn 2g$709K
Investment incomeLn 3$41K
Total revenueLn 12$790K
Assets in detailPt X, end of year
CashLn 1$417K
SavingsLn 2$18K
Cash and savings togetherLn 1–2$436K
Accounts receivableLn 4$11K
Land, buildings, equipmentLn 10c$367K
InvestmentsLn 11–13$321K
Total assetsLn 16$1.1M
LiabilitiesLn 26$821K
Net assetsLn 32$313K
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 FY21End FY21
Cash and savingsLn 1–2$160K$436K
InvestmentsLn 11–13$134K$321K
Land, buildings, equipmentLn 10c$384K$367K
Total assetsLn 16$689K$1.1M
LiabilitiesLn 26$477K$821K
Net assetsLn 32$212K$313K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$40K$40K
Other salaries and wagesLn 7$419K$419K
Payroll taxesLn 10$34K$31K$3K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$1K$1K$145
Office expensesLn 13$4K$4K
OccupancyLn 16$9K$8K$861
TravelLn 17$385$346$39
InterestLn 20$14K$12K$1K
Depreciation, depletion and amortizationLn 22$21K$18K$2K
InsuranceLn 23$19K$17K$2K
Other expenses (24a–d)Ln 24$95K$78K$18K
All other expensesLn 24e$25K$20K$6K
Total functional expensesLn 25$688K$605K$83K$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
FY2021 ViewingFiled with the IRS Mar 29, 2022 $790K$688K$101K$313K 990 PDF
FY2020Filed with the IRS Jan 27, 2021 $561K$562K−$2K$212K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $789,519 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,090$39,196
I-9 Program service revenuePrior year $485,113$709,196
I-10 Investment incomePrior year −$1,391$41,127
I-11 Other revenuePrior year $74,100$0
I-12 Total revenuePrior year $560,912$789,519
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $433,236$493,560
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $129,193$194,481
I-18 Total expensesPrior year $562,429$688,041
I-19 Revenue less expensesPrior year −$1,517$101,478
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $789,519 across 6 lines filed
VIII-1e Government grants$2,829
VIII-1f All other contributions, gifts and grants$36,367
VIII-1h Total contributions, gifts and grants$39,196
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $709,196$709,196
VIII-3 Investment incomeRelated to mission $41,127$41,127
VIII-12 Total revenueRelated to mission $750,323$789,519
Part IX · Statement of functional expenses $688,041 across 13 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $40,000$40,000
IX-7 Other salaries and wagesPrograms $419,132$419,132
IX-10 Payroll taxesPrograms $30,985 · Management $3,443$34,428
IX-11c Accounting feesManagement $6,010$6,010
IX-12 Advertising and promotionPrograms $1,304 · Management $145$1,449
IX-13 Office expensesManagement $4,010$4,010
IX-16 OccupancyPrograms $7,752 · Management $861$8,613
IX-17 TravelPrograms $346 · Management $39$385
IX-20 InterestPrograms $12,235 · Management $1,360$13,595
IX-22 Depreciation, depletion and amortizationPrograms $18,459 · Management $2,047$20,506
IX-23 InsurancePrograms $17,252 · Management $1,917$19,169
IX-24 Other expenses (24a–d)Programs $77,595 · Management $17,819$95,414
IX-24e All other expensesPrograms $19,607 · Management $5,723$25,330
IX-25 Total functional expensesPrograms $604,667 · Management $83,374 · Fundraising $0$688,041
Part X · Balance sheet $1,134,274 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $160,469$417,108
X-2 Savings and temporary cash investments$18,481
X-4 Accounts receivableStart of year $10,078$11,022
X-10c Land, buildings and equipment, netStart of year $384,021$366,544
X-11 Publicly traded securitiesStart of year $134,079$321,119
X-16 Total assetsStart of year $688,647$1,134,274
X-17 Accounts payable and accrued expensesStart of year $3,662$7,738
X-23 Secured mortgages and notes payableStart of year $296,831$287,937
X-24 Unsecured notes and loans payableStart of year $149,900$500,000
X-25 Other liabilitiesStart of year $26,742$25,609
X-26 Total liabilitiesStart of year $477,135$821,284
X-27 Net assets without donor restrictionsStart of year $211,512$312,990
X-32 Total net assets or fund balancesStart of year $211,512$312,990
X-33 Total liabilities and net assetsStart of year $688,647$1,134,274
Part XI · Reconciliation of net assets $312,990 net assets at year end
XI-1 Total revenue$789,519
XI-2 Total expenses$688,041
XI-3 Revenue less expenses$101,478
XI-4 Net assets at start of year$211,512
XI-10 Net assets at end of year$312,990

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

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