Gatari Child Development Center FY2021 filing

Tax-deductible

Washington, DC501(c)(3)EIN 47-5423991Revenue $643K in FY2021

On file with the IRSgatatricdc.net2628 Bladensburg Rd Ne, 20018-1423 · Washington, DCTax-exempt since May 2018School — 170(b)(1)(A)(ii)

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We provided children with loving care, unique learning experiences and positive environment. The center is established to meet the social, creative, and intellectual needs of the children in the Washington Metropolitan, Maryland and Virginia areas.

501(c)(3) charity; gifts are tax-deductible.
100¢ 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $69K a year · 5% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.1M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$129K
97% of total assets
Concern: liabilities are 97% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$643K
+2% vs prior year
Spent
$639K
To programs
100%
Net assets
$3K
By yearFY2020–FY2024
Revenue
$643K
FY2021▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$630K
FY2021$643K
FY2022$1.1M
FY2023$2.5M
FY2024$2.1M
Expenses
$639K
FY2021▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$585K
FY2021$639K
FY2022$1.0M
FY2023$2.2M
FY2024$2.1M
Net assets
$3K
FY2021▼ -92%
Tap a bar for its year
Net assets by fiscal year
FY2020$45K
FY2021$3K
FY2022$43K
FY2023$283K
FY2024$67K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2018.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $639K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Gatari Child Development Center 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers children loving care, unique learning, and positive environments in the DC metro area.

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Provided by the organization

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1 program · $639K · in their own filed words · FY2021
01

We provided children with loving care, unique learning experiences and positive environment. The center is established to meet the social, creative, and intellectual needs of the children in the Washington Metropolitan, Maryland and Virginia areas.

$639Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$1.1M

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$643K
Ln 12
Gifts and grantsLn 1h$643K
Money outPt IX
$639K
Ln 25
Programscol B$639K
Owns and owesPt X
$3K
net assets · Ln 32
Cash and savingsLn 1–2$125K
Total assetsLn 16$132K
LiabilitiesLn 26$129K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$643K
Government grantsLn 1e$60K
Total revenueLn 12$643K
Assets in detailPt X, end of year
CashLn 1$125K
Cash and savings togetherLn 1–2$125K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$3K
Total assetsLn 16$132K
LiabilitiesLn 26$129K
Net assetsLn 32$3K
OperationsPt I, VI
EmployeesI 517
VolunteersI 63
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$85K$125K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$85K$132K
LiabilitiesLn 26$85K$129K
Net assetsLn 32$0$3K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$50K$50K
Other salaries and wagesLn 7$186K$186K
Payroll taxesLn 10$33K$33K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$152K$152K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$11K$11K
OccupancyLn 16$178K$178K
TravelLn 17$816$816
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$8K$8K
Total functional expensesLn 25$639K$639K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.1M$2.1M$15K$67K 990 PDF
FY2023 $2.5M$2.2M$240K$283K 990 PDF
FY2022 $1.1M$1.0M$40K$43K 990 PDF
FY2021 Viewing $643K$639K$3K$3K 990 PDF
FY2020 $630K$585K$45K$45K 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 $642,942 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $629,968$642,942
I-9 Program service revenue$0
I-10 Investment incomePrior year $300$0
I-11 Other revenue$0
I-12 Total revenuePrior year $630,268$642,942
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $338,347$269,469
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $246,911$370,027
I-18 Total expensesPrior year $585,258$639,496
I-19 Revenue less expensesPrior year $45,010$3,446
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
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 $642,942 across 4 lines filed
VIII-1e Government grants$60,367
VIII-1f All other contributions, gifts and grants$582,575
VIII-1h Total contributions, gifts and grants$642,942
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$642,942
Part IX · Statement of functional expenses $639,496 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $50,475$50,475
IX-7 Other salaries and wagesPrograms $186,065$186,065
IX-10 Payroll taxesPrograms $32,929$32,929
IX-11b Legal feesPrograms $10,000$10,000
IX-11c Accounting feesPrograms $4,500$4,500
IX-11g Other fees for servicesPrograms $152,066$152,066
IX-12 Advertising and promotionPrograms $2,599$2,599
IX-13 Office expensesPrograms $11,422$11,422
IX-16 OccupancyPrograms $178,334$178,334
IX-17 TravelPrograms $816$816
IX-22 Depreciation, depletion and amortizationPrograms $2,735$2,735
IX-23 InsurancePrograms $7,555$7,555
IX-25 Total functional expensesPrograms $639,496 · Management $0 · Fundraising $0$639,496
Part X · Balance sheet $131,972 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $84,539$125,080
X-10c Land, buildings and equipment, net$3,446
X-15 Other assets$3,446
X-16 Total assetsStart of year $84,539$131,972
X-17 Accounts payable and accrued expensesStart of year $84,539$125,080
X-25 Other liabilities$3,446
X-26 Total liabilitiesStart of year $84,539$128,526
X-27 Net assets without donor restrictions$3,446
X-32 Total net assets or fund balancesStart of year $0$3,446
X-33 Total liabilities and net assetsStart of year $84,539$131,972
Part XI · Reconciliation of net assets $3,446 net assets at year end
XI-1 Total revenue$642,942
XI-2 Total expenses$639,496
XI-3 Revenue less expenses$3,446
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,446

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

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