Tabernacle Learning Center INC FY2021 filing

Tax-deductible

Laurel, MD501(c)(3)EducationEIN 42-1642281Revenue $514K in FY2021

On file with the IRS11601 S Laurel Dr, 20708-3010 · Laurel, MDTax-exempt since Nov 2005Publicly supported charity — 170(b)(1)(A)(vi)

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Tabernacle Learning Center, INC. Seeks to provide a christ-centered daycare operation for the children of the laurel, MD community.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $1K a year · under 1% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$564K
258% of total assets
Concern: liabilities are 258% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$514K
+98% vs prior year
Spent
$423K
To programs
98%
Net assets
−$345K
By yearFY2020–FY2022
Revenue
$514K
FY2021▲ +98%
Tap a bar for its year
Revenue by fiscal year
FY2020$260K
FY2021$514K
FY2022$483K
Expenses
$423K
FY2021▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$345K
FY2021$423K
FY2022$485K
Net assets
−$345K
FY2021▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020−$437K
FY2021−$345K
FY2022−$349K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Nov 2005.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $413K Management & general 2% · $9K

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

2 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
See Tabernacle Learning Center INC executive salaries →

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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

Offers Christ-centered daycare for children in Laurel, MD.

Questions for Tabernacle Learning Center INC

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Provided by the organization

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1 program · $413K · in their own filed words · FY2021
01

Tabernacle learning center, inc. Seeks to provide a christ-centered daycare operation for the children of the laurel, MD community. In addition, the tabernacle learning center provides after school care for elementary age school children.

$413Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$514K
Ln 12
Fees for servicesLn 2g$279K
Other incomeLn 4–11$135K
Gifts and grantsLn 1h$100K
Money outPt IX
$423K
Ln 25
Programscol B$413K
Managementcol C$9K
Owns and owesPt X
−$345K
net assets · Ln 32
Cash and savingsLn 1–2$19K
Total assetsLn 16$219K
LiabilitiesLn 26$564K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$100K
Government grantsLn 1e$100K
Fees for servicesLn 2g$279K
Other incomeLn 4–11$135K
Total revenueLn 12$514K
Assets in detailPt X, end of year
CashLn 1$19K
Cash and savings togetherLn 1–2$19K
Land, buildings, equipmentLn 10c$199K
Total assetsLn 16$219K
LiabilitiesLn 26$564K
Net assetsLn 32−$345K
OperationsPt I, VI
EmployeesI 519
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
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$17K$19K
Land, buildings, equipmentLn 10c$210K$199K
Total assetsLn 16$227K$219K
LiabilitiesLn 26$664K$564K
Net assetsLn 32−$437K−$345K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$276K$276K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$23K$23K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$5K$5K
OccupancyLn 16$72K$72K
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$10K$10K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$17K$16K$1K
All other expensesLn 24e$474$474
Total functional expensesLn 25$423K$413K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $483K$485K−$2K−$349K 990 PDF
FY2021 Viewing $514K$423K$92K−$345K 990 PDF
FY2020 $260K$345K−$85K−$437K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $514,366 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,632$99,560
I-9 Program service revenuePrior year $236,274$279,317
I-10 Investment incomePrior year $1$0
I-11 Other revenuePrior year $21,123$135,489
I-12 Total revenuePrior year $260,030$514,366
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $219,538$305,425
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $125,655$117,079
I-18 Total expensesPrior year $345,193$422,504
I-19 Revenue less expensesPrior year −$85,163$91,862
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $514,366 across 5 lines filed
VIII-1e Government grants$99,560
VIII-1h Total contributions, gifts and grants$99,560
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $279,317$279,317
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $135,489$135,489
VIII-12 Total revenueRelated to mission $414,806 · Unrelated business $0 · Excluded from tax $0$514,366
Part IX · Statement of functional expenses $422,504 across 11 lines filed
IX-7 Other salaries and wagesPrograms $276,004$276,004
IX-9 Other employee benefitsPrograms $6,110$6,110
IX-10 Payroll taxesPrograms $23,311$23,311
IX-11c Accounting feesManagement $2,689$2,689
IX-11g Other fees for servicesManagement $4,911$4,911
IX-16 OccupancyPrograms $71,567$71,567
IX-20 InterestPrograms $6,391$6,391
IX-22 Depreciation, depletion and amortizationPrograms $10,376$10,376
IX-23 InsurancePrograms $4,066$4,066
IX-24 Other expenses (24a–d)Programs $15,552 · Management $1,053$16,605
IX-24e All other expensesManagement $474$474
IX-25 Total functional expensesPrograms $413,377 · Management $9,127 · Fundraising $0$422,504
Part X · Balance sheet $218,698 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $16,684$19,199
X-10c Land, buildings and equipment, netStart of year $209,875$199,499
X-16 Total assetsStart of year $226,559$218,698
X-17 Accounts payable and accrued expensesStart of year $323,842$244,115
X-26 Total liabilitiesStart of year $664,007$564,000
X-27 Net assets without donor restrictionsStart of year −$437,448−$345,302
X-32 Total net assets or fund balancesStart of year −$437,448−$345,302
X-33 Total liabilities and net assetsStart of year $226,559$218,698
Part XI · Reconciliation of net assets −$345,302 net assets at year end
XI-1 Total revenue$514,366
XI-2 Total expenses$422,504
XI-3 Revenue less expenses$91,862
XI-4 Net assets at start of year−$437,448
XI-9 Other changes in net assets$284
XI-10 Net assets at end of year−$345,302

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

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