Willow Woods Learning Center EIN 43-1746310

Willow Woods Learning Center FY2022 filing

EIN  43-1746310 Public charity (501(c)(3)) Platte City, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Operates an early learning center providing teaching, counseling, and care for preschool and elementary children.
Leadership
Megan Bales · Asst Director
Money in and out
$584K revenue, $462K expenses
Bottom line
99% program efficiency

Operates an early learning center providing teaching, counseling, and care for preschool and elementary children. For fiscal year 2022 it reported $584K in revenue, $462K in expenses, and $-4K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$584K
Pt VIII · Ln 12
Total expenses
$462K
Pt IX · Ln 25
Net assets
$-4K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $122K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program efficiency
99%
of spending reaches programs
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$584K
FY2022▲ +37%
Expenses
$462K
FY2022▼ -5%
Total assets
$6K
FY2022▼ -17%
Total liabilities
$10K
FY2022▼ -92%
Total revenue
$584K
Pt VIII · Ln 12
Total expenses
$462K
Pt IX · Ln 25
Net assets
$-4K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$122K
Total assetsPt X · Ln 16$6K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $457K of program spending, described in the organization's own filed words · FY2022.
01

The organization provides care, education and nourishing meals five days a week for children of primarily low and middle income families regardless of race, creed or nation of origin.

$457Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWillow Woods Learning Center
EINHdr · item D43-1746310
Principal addressHdr · item CPlatte City, MO
WebsiteHdr · item Jwww.willowwoods.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33)
Ruling yearIRS BMFNov 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Asst Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$444K · 76%
Contributions & grants$126K · 22%
Other revenue$14K · 2%
Program service revenue76%$444K
Contributions & grants22%$126K
Other revenue2%$14K
— government grantsLn 1e$125K
Total revenueLn 12$584K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program services99%$457K
Management & general1%$4K
Fundraising$779
Total functional expensesLn 25$462K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$6K
Total liabilitiesLn 26$10K
Total net assetsLn 32$-4K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6K · Operating expenses/yr $462K
0.2 months
Where the money goes
Program services
Program services $457K · Total expenses $462K
99%
Management & General
Management & general $4K · Total expenses $462K
1%
Fundraising
Fundraising $779 · Total expenses $462K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $652 · Solicited contributions (3-yr avg) $1K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $584K
22%
Government reliance
Government grants $125K · Total revenue $584K
21%
Earned-income share
Program service revenue $444K · Total revenue $584K
76%
Investment reliance
Investment income $0 · Total revenue $584K
0%
Program self-sufficiency
Program service revenue $444K · Total expenses $462K
96%
Growth & trend
Revenue growth (YoY)
This year $584K · Prior year $427K
+37%
Net-asset trend (YoY)
End of year $-4K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $584K · Expenses $462K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $6K
Net-asset ratio
Net assets $-4K · Total assets $6K
-68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Megan Bales · Reported title ASST DIRECTOR · Highest reported compensation $0 · Total expenses $462K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $322K · Total expenses $462K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 1%
Revenue growth 37%
Accounting fee ratio 0%

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.

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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)$581K revenue · ⤓ 990 PDF
FY2024$607K revenue · ⤓ 990 PDF
FY2023$684K revenue · ⤓ 990 PDF
FY2022$584K revenue · viewing · ⤓ 990 PDF
FY2021$427K revenue · ⤓ 990 PDF
FY2020$399K revenue · ⤓ 990 PDF

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Sources

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