Leafling Preschool INC

Shoreline, WAUnknown exempt organization EIN 46-4503664Revenue $239K in FY2021

On file with the IRSleaflingpreschool.com1627 Nw 197th St · Shoreline, WA

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Day care & Preschool

56¢ of each $1 spent went to programs.
Run by 4 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $56K a year · 19% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$68K
to officers and key staff · 31% of spending
Concern: pay to officers and key staff is 31% of spending; over 30%.
Pt VII · Sec A
Liabilities
$123K
total owed
No data yet: the filing does not give total assets.
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
$239K
-25% vs prior year
Spent
$218K
To programs
56%
Net assets
−$123K
By yearFY2019–FY2021
Revenue
$239K
FY2021▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2019$330K
FY2020$318K
FY2021$239K
Expenses
$218K
FY2021▼ -48%
Tap a bar for its year
Expenses by fiscal year
FY2019$419K
FY2020$418K
FY2021$218K
Net assets
−$123K
FY2021▼ -24%
Tap a bar for its year
Net assets by fiscal year
FY2019−$111K
FY2020−$100K
FY2021−$123K

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

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

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $122K Management & general 44% · $96K

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

5 people listed on the 990; $68K paid to officers and key staff.

Part VII, Section A · reportable compensation
$60,552Pt VII · Sec A
Board Member
$7,578Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2021FY2020FY2019
Shyesteh Davanlou$60,552$94,884—
Shyesteh——$94,884
Shayesteh——$94,884
Radboy$7,578$3,395—
Ali——$3,395

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.

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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 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Leafling Preschool INC is a nonprofit organization based in Shoreline, WA.

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Provided by the organization

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1 program · $122K · in their own filed words · FY2021
01

Our mission at Leafling Preschool and Childcare Center is to provide excellent, reliable, high-quality childcare and education to the children and families we serve.

$122Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$239K
Ln 12
Fees for servicesLn 2g$133K
Gifts and grantsLn 1h$106K
Money outPt IX
$218K
Ln 25
Programscol B$122K
Managementcol C$96K
Owns and owesPt X
−$123K
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$123K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$106K
Government grantsLn 1e$106K
Fees for servicesLn 2g$133K
Total revenueLn 12$239K
Assets in detailPt X, end of year
CashLn 1$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$0
LiabilitiesLn 26$123K
Net assetsLn 32−$123K
OperationsPt I, VI
EmployeesI 511
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$42K$0
Land, buildings, equipmentLn 10c$25K$0
Total assetsLn 16$71K$0
LiabilitiesLn 26$171K$123K
Net assetsLn 32−$100K−$123K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$68K$0$68K$0
Other salaries and wagesLn 7$62K$62K$0$0
Other employee benefitsLn 9$1K$1K$0$0
Payroll taxesLn 10$19K$19K$0$0
Legal feesLn 11b$2K$0$2K$0
Accounting feesLn 11c$5K$0$5K$0
Advertising and promotionLn 12$989$0$989$0
OccupancyLn 16$27K$27K$0$0
Conferences, conventions and meetingsLn 19$301$0$301$0
Depreciation, depletion and amortizationLn 22$2K$2K$0$0
Other expenses (24a–d)Ln 24$11K$11K$0$0
All other expensesLn 24e$20K$0$20K$0
Total functional expensesLn 25$218K$122K$96K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $239K$218K$21K−$123K 990 PDF
FY2020 $318K$418K−$100K−$100K 990 PDF
FY2019 $330K$419K−$88K−$111K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $238,644 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $318,218$105,785
I-9 Program service revenuePrior year $0$132,859
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $318,218$238,644
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $249,484$149,931
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $168,352$67,836
I-18 Total expensesPrior year $417,836$217,767
I-19 Revenue less expensesPrior year −$99,618$20,877
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $238,644 across 4 lines filed
VIII-1e Government grants$105,785
VIII-1h Total contributions, gifts and grants$105,785
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$132,859
VIII-12 Total revenueRelated to mission $132,859 · Unrelated business $0 · Excluded from tax $0$238,644
Part IX · Statement of functional expenses $217,767 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $68,130 · Fundraising $0$68,130
IX-7 Other salaries and wagesPrograms $61,797 · Management $0 · Fundraising $0$61,797
IX-9 Other employee benefitsPrograms $1,437 · Management $0 · Fundraising $0$1,437
IX-10 Payroll taxesPrograms $18,567 · Management $0 · Fundraising $0$18,567
IX-11b Legal feesPrograms $0 · Management $1,878 · Fundraising $0$1,878
IX-11c Accounting feesPrograms $0 · Management $4,850 · Fundraising $0$4,850
IX-12 Advertising and promotionPrograms $0 · Management $989 · Fundraising $0$989
IX-16 OccupancyPrograms $26,906 · Management $0 · Fundraising $0$26,906
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $301 · Fundraising $0$301
IX-22 Depreciation, depletion and amortizationPrograms $1,939 · Management $0 · Fundraising $0$1,939
IX-24 Other expenses (24a–d)Programs $10,946 · Management $0 · Fundraising $0$10,946
IX-24e All other expensesPrograms $0 · Management $20,027 · Fundraising $0$20,027
IX-25 Total functional expensesPrograms $121,592 · Management $96,175 · Fundraising $0$217,767
Part X · Balance sheet $0 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $41,951$0
X-9 Prepaid expenses and deferred chargesStart of year $4,182$0
X-10c Land, buildings and equipment, netStart of year $24,893$0
X-16 Total assetsStart of year $71,026$0
X-25 Other liabilitiesStart of year $11,778$0
X-26 Total liabilitiesStart of year $170,644$123,452
X-32 Total net assets or fund balancesStart of year −$99,618−$123,452
X-33 Total liabilities and net assetsStart of year $71,026$0
Part XI · Reconciliation of net assets −$123,452 net assets at year end
XI-1 Total revenue$238,644
XI-2 Total expenses$217,767
XI-3 Revenue less expenses$20,877
XI-4 Net assets at start of year−$99,618
XI-10 Net assets at end of year−$123,452

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

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