Weber Before and After School Program Corp EIN 42-1424413

Weber Before and After School Program Corp FY2020 filing

EIN  42-1424413 Public charity (501(c)(3)) Iowa City, IA
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers childcare for school-aged children during before/after school and summer.
Leadership
Dave Brown · Director
Money in and out
$205K revenue, $239K expenses
Bottom line
70% program efficiency

Offers childcare for school-aged children during before/after school and summer. For fiscal year 2020 it reported $205K in revenue, $239K in expenses, and $131K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$131K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$34K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30
Program efficiency
70%
of spending reaches programs
Operating runway
8.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$205K
FY2020
Expenses
$239K
FY2020
Total assets
$178K
FY2020
Total liabilities
$47K
FY2020
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$131K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$34K
Total assetsPt X · Ln 16$178K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $167K of program spending, described in the organization's own filed words · FY2019.
01

Weber before and after school program is a before-and-after and summer day program for school-aged children at irving weber elementary school (public school)in iowa city, ia. The program is open year round, serving approximately 90 children, and is licensed by the iowa department of human services.

$167Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWeber Before and After School Program Corp
EINHdr · item D42-1424413
Principal addressHdr · item CIowa City, IA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33Z)
Ruling yearIRS BMFJan 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
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 · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Co President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Co President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$201K · 98%
Investment income$2K · 1%
Other revenue$1K · 1%
Program service revenue98%$201K
Investment income1%$2K
Other revenue1%$1K
Contributions & grants$7
Total revenueLn 12$205K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$167K
Management & general30%$72K
Total functional expensesLn 25$239K

Balance Sheet

Part X · end of year
CashLn 1$82K
Total assetsLn 16$178K
Total liabilitiesLn 26$47K
Total net assetsLn 32$131K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $177K · Operating expenses/yr $239K
8.9 months
Where the money goes
Program services
Program services $167K · Total expenses $239K
70%
Management & General
Management & general $72K · Total expenses $239K
30%
Fundraising
Fundraising $0 · Total expenses $239K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $7
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $7 · Total revenue $205K
<0.01%
Government reliance
Government grants — · Total revenue $205K
Earned-income share
Program service revenue $201K · Total revenue $205K
98%
Investment reliance
Investment income $2K · Total revenue $205K
+1%
Program self-sufficiency
Program service revenue $201K · Total expenses $239K
84%
Growth & trend
Revenue growth (YoY)
This year $205K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $131K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $205K · Expenses $239K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $178K
Net-asset ratio
Net assets $131K · Total assets $178K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $96K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $178K
54%
People & payroll
Highest Reported Total Compensation
Individual Dave Brown · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $239K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $194K · Total expenses $239K
81%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Fundraising cost ratio 0%
Accounting fee ratio 1%

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 · FY2023
Total grants receivedfrom 1 funder$21

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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
FY2025 (Latest)$284K revenue · ⤓ 990 PDF
FY2024$287K revenue · ⤓ 990 PDF
FY2023$296K revenue · ⤓ 990 PDF
FY2022$367K revenue · ⤓ 990 PDF
FY2021$133K revenue · ⤓ 990 PDF
FY2020$205K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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