After School Latch Key Program INC EIN 45-0405906

After School Latch Key Program INC FY2023 filing

Not yet claimed Claim this org →

Offers safe, stimulating after-school programs for children and families. For fiscal year 2023 it reported $644K in revenue, $579K in expenses, and $431K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Valley City, ND
Filings
5 on file (2020–2023)
Revenue
$644KFY2023
Expenses
$579K
Net assets
$431K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-0405906 Public charity (501(c)(3)) Valley City, ND
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until After School Latch Key Program INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Offers safe, stimulating after-school programs for children and families.
Leadership
Samantha Beauchman · President
Money in and out
$644K revenue, $579K expenses
Bottom line
90% program efficiency
Where the money goes · FY2023
Total revenue
$644K
Pt VIII · Ln 12
Total expenses
$579K
Pt IX · Ln 25
Net assets
$431K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $65K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$644K
FY2023▲ +5%
Expenses
$579K
FY2023▲ +40%
Total assets
$434K
FY2023▲ +18%
Total liabilities
$2K
FY2023▼ -4%
Total revenue
$644K
Pt VIII · Ln 12
Total expenses
$579K
Pt IX · Ln 25
Net assets
$431K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$65K
Total assetsPt X · Ln 16$434K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $522K of program spending, described in the organization's own filed words · FY2023.
01

Provide opportunities for children to be with other children in a setting conductive to the development of the wholesome social relationships. Also contributes to the wholesome growth and development of the future citizens of the community.

$522Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAfter School Latch Key Program INC
EINHdr · item D45-0405906
Principal addressHdr · item CValley City, ND
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MND
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33I)
Ruling yearIRS BMFMar 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
See After School Latch Key Program INC executive salaries →

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

Statement of Revenue

Part VIII
Program service revenue$637K · 99%
Contributions & grants$4K · 1%
Program service revenue99%$637K
Contributions & grants1%$4K
Investment income$3K
— government grantsLn 1e$4K
Total revenueLn 12$644K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$522K
Management & general10%$57K
Total functional expensesLn 25$579K

Balance Sheet

Part X · end of year
CashLn 1$357K
Total assetsLn 16$434K
Total liabilitiesLn 26$2K
Total net assetsLn 32$431K
Months of cash on handcomputed7.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $357K · Operating expenses/yr $579K
7.4 months
Where the money goes
Program services
Program services $522K · Total expenses $579K
90%
Management & General
Management & general $57K · Total expenses $579K
10%
Fundraising
Fundraising $0 · Total expenses $579K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $644K
0.7%
Government reliance
Government grants $4K · Total revenue $644K
0.7%
Earned-income share
Program service revenue $637K · Total revenue $644K
99%
Investment reliance
Investment income $3K · Total revenue $644K
+0.4%
Program self-sufficiency
Program service revenue $637K · Total expenses $579K
110%
Growth & trend
Revenue growth (YoY)
This year $644K · Prior year $611K
+5%
Net-asset trend (YoY)
End of year $431K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $644K · Expenses $579K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $434K
Net-asset ratio
Net assets $431K · Total assets $434K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $434K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Samantha Beauchman · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $579K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $443K · Total expenses $579K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Revenue growth 5%
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.

Similar Organizations

Closest in mission — by what they do
See all organizations like After School Latch Key Program INC →

Compare

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

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$743K revenue · ⤓ 990 PDF
FY2023$644K revenue · viewing · ⤓ 990 PDF
FY2022$611K revenue · ⤓ 990 PDF
FY2021$308K revenue · ⤓ 990 PDF
FY2020$407K revenue · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
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

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.