Happy Time Child Development FY2022 filing

Vinton, IA · Unknown exempt organization

Revenue
$875K
+11% vs prior year
Spent
$648K
To programs
91%
Net assets
$540K
By yearFY2020–FY2025
Revenue
$875K
FY2022▲ +11%
Revenue by fiscal year
FY2020$561K
FY2021$790K
FY2022$875K
FY2023$491K
FY2024$430K
FY2025$177K
Expenses
$648K
FY2022▼ -6%
Expenses by fiscal year
FY2020$562K
FY2021$688K
FY2022$648K
FY2023$565K
FY2024$521K
FY2025$553K
Net assets
$540K
FY2022▲ +73%
Net assets by fiscal year
FY2020$212K
FY2021$313K
FY2022$540K
FY2023$467K
FY2024$376K
FY2025$0

From the FY2022 Form 990 (year ending September 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CHappy Time Child Development
EINHdr · item D42-0982401
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CVinton, IA
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$587K
Management & general9%$61K
Total functional expensesLn 25$648K

Financial health

Is it on solid ground?

Surplus margin
+26%
revenue over expenses, this year
Program spending
91%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$1.1M
FY2022▼ -3%
Total assets by fiscal year
FY2020$689K
FY2021$1.1M
FY2022$1.1M
FY2023$985K
FY2024$910K
FY2025$0
Total liabilities
$561K
FY2022▼ -32%
Total liabilities by fiscal year
FY2020$477K
FY2021$821K
FY2022$561K
FY2023$519K
FY2024$534K
FY2025$0
Revenue less expensesPt I · Ln 19$227K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$425K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$561K
Total net assetsLn 32$540K
Months of cash on handcomputed7.9

Statement of Revenue

Part VIII
Program service revenue$587K · 67%
Contributions & grants$293K · 34%
Program service revenue67%$587K
Contributions & grants34%$293K
Total revenueLn 12$875K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $425K · Operating expenses/yr $648K
7.9 months
Where the money goes
Program services
Program services $587K · Total expenses $648K
91%
Management & General
Management & general $61K · Total expenses $648K
9%
Fundraising
Fundraising $0 · Total expenses $648K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $111K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $293K · Total revenue $875K
34%
Government reliance
Government grants — · Total revenue $875K
—
Earned-income share
Program service revenue $587K · Total revenue $875K
67%
Investment reliance
Investment income −$12K · Total revenue $875K
-1%
Program self-sufficiency
Program service revenue $587K · Total expenses $648K
91%
Growth & trend
Revenue growth (YoY)
This year $875K · Prior year $790K
+11%
Net-asset trend (YoY)
End of year $540K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $875K · Expenses $648K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
—
Net-asset ratio
Net assets $540K · Total assets $1.1M
49%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kellie Roberts · Reported title EXECUTIVE DI · Highest reported compensation $21K · Total expenses $648K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $493K · Total expenses $648K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 9%——
Fundraising cost ratio 0%——
Revenue growth 11%——
Accounting fee ratio 0.8%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$20,529Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$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 →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

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

Provided by the organization

This section is blank until Happy Time Child Development claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $587K of program spending, described in the organization's own filed words · FY2021.
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.

$587Kprogram expense

Run this program? Claim this org to tell your story

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $177K$553K-59% 990 PDF
FY2024 $430K$521K-12% 990 PDF
FY2023 $491K$565K-44% 990 PDF
FY2022 Viewing $875K$648K+11% 990 PDF
FY2021 $790K$688K+41% 990 PDF
FY2020 $561K$562K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Happy Time Child Development →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.