F A C C M INC FY2023 filing

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Advocacy, professional development and accreditation ensuring the continues succes of the private child care industry.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$233K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $24K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$233K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$871K
-10% vs prior year
Spent
$857K
To programs
0%
Net assets
$676K
By yearFY2020–FY2025
Revenue
$871K
FY2023▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2020$894K
FY2021$834K
FY2022$972K
FY2023$871K
FY2024$1.1M
FY2025$1.5M
Expenses
$857K
FY2023▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$931K
FY2021$713K
FY2022$754K
FY2023$857K
FY2024$1.3M
FY2025$1.4M
Net assets
$676K
FY2023▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$414K
FY2021$536K
FY2022$762K
FY2023$676K
FY2024$681K
FY2025$701K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1989.

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

Who runs it and what they're paid

10 people listed on the 990; $233K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exeutive Director
$149,800Pt VII · Sec A
Dir of Operations
$82,927Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Legislative Co-Chair
$0Pt VII · Sec A
Apple Commission Chair
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Dr Glen Mort’s $121K as Executive Director is at the 31st percentile of top reported officer pay among 2833 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jennifer Shields—$149,800$136,385$126,692—
Dr Glen Mort$121,154————
Selena McNeely—$82,927$79,035$73,534$14,285
Jennifer Sheilds————$62,935

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.

See F A C C M 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 15aYes

Programs and updates

Advocates for high-quality early child care and education, supporting professionals and accrediting programs.

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Provided by the organization

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1 program · in their own filed words · FY2023
01

Supporting early education develops success (seeds) is the leading professional organization for early learning educators in private preschools. Seeds gives teachers in schools the opportunity to particiapte in an organization designed to meet their needs and provides them with information & opportunities to increase their skill &…

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $381K · 2020–2023
Florida's Voice for Early LearningFY2023$70,000
I Am ReadyFY2021$34,500
Florida's Voice for Early LearningFY2020$276,367

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$871K
Ln 12
Fees for servicesLn 2g$664K
Gifts and grantsLn 1h$199K
Investment incomeLn 3$7K
Money outPt IX
$857K
Ln 25
Owns and owesPt X
$676K
net assets · Ln 32
Cash and savingsLn 1–2$673K
Total assetsLn 16$685K
LiabilitiesLn 26$9K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$199K
Fees for servicesLn 2g$664K
Investment incomeLn 3$7K
Total revenueLn 12$871K
Assets in detailPt X, end of year
CashLn 1$152K
SavingsLn 2$521K
Cash and savings togetherLn 1–2$673K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$0
Total assetsLn 16$685K
LiabilitiesLn 26$9K
Net assetsLn 32$676K
OperationsPt I, VI
EmployeesI 57
VolunteersI 60
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 FY23End FY23
Cash and savingsLn 1–2$839K$673K
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$844K$685K
LiabilitiesLn 26$81K$9K
Net assetsLn 32$762K$676K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$70K$0
Pay of current officers, directors and key staffLn 5$150K$0$0$0
Other salaries and wagesLn 7$132K$0$0$0
Other employee benefitsLn 9$69K$0$0$0
Payroll taxesLn 10$11K$0$0$0
Accounting feesLn 11c$17K$0$0$0
Lobbying feesLn 11d$99K$0$0$0
Other fees for servicesLn 11g$166K$0$0$0
Advertising and promotionLn 12$750$0$0$0
Office expensesLn 13$23K$0$0$0
Information technologyLn 14$12K$0$0$0
OccupancyLn 16$25K$0$0$0
TravelLn 17$36K$0$0$0
Conferences, conventions and meetingsLn 19$7K$0$0$0
Depreciation, depletion and amortizationLn 22$1K$0$0$0
InsuranceLn 23$6K$0$0$0
Other expenses (24a–d)Ln 24$33K$0$0$0
Total functional expensesLn 25$857K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.4M$35K$701K 990 PDF
FY2024 $1.1M$1.3M−$204K$681K 990 PDF
FY2023 Viewing $871K$857K$13K$676K 990 PDF
FY2022 $972K$754K$218K$762K 990 PDF
FY2021 $834K$713K$122K$536K 990 PDF
FY2020 $894K$931K−$38K$414K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $870,702 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $423,608$199,131
I-9 Program service revenuePrior year $548,495$664,277
I-10 Investment incomePrior year $125$7,294
I-11 Other revenue$0
I-12 Total revenuePrior year $972,228$870,702
I-13 Grants and similar amounts paidPrior year $3,563$70,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $354,796$361,351
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $396,057$426,063
I-18 Total expensesPrior year $754,416$857,414
I-19 Revenue less expensesPrior year $217,812$13,288
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $870,702 across 5 lines filed
VIII-1b Membership dues$199,131
VIII-1h Total contributions, gifts and grants$199,131
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$664,277
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$7,294
VIII-12 Total revenueRelated to mission $671,571 · Unrelated business $0 · Excluded from tax $0$870,702
Part IX · Statement of functional expenses $857,414 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $0$70,000
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$149,800
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$132,040
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$68,731
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$10,780
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$17,355
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$98,925
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$166,266
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$750
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$23,133
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$11,754
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$25,402
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$35,834
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$6,509
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$1,327
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$5,909
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$32,899
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$857,414
Part X · Balance sheet $685,475 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $404,197$151,764
X-2 Savings and temporary cash investmentsStart of year $434,643$521,320
X-4 Accounts receivable$9,777
X-10c Land, buildings and equipment, netStart of year $3,941$2,614
X-15 Other assetsStart of year $970$0
X-16 Total assetsStart of year $843,751$685,475
X-17 Accounts payable and accrued expensesStart of year $2,405$9,242
X-25 Other liabilitiesStart of year $79,003$0
X-26 Total liabilitiesStart of year $81,408$9,242
X-27 Net assets without donor restrictionsStart of year $762,343$676,233
X-32 Total net assets or fund balancesStart of year $762,343$676,233
X-33 Total liabilities and net assetsStart of year $843,751$685,475
Part XI · Reconciliation of net assets $676,233 net assets at year end
XI-1 Total revenue$870,702
XI-2 Total expenses$857,414
XI-3 Revenue less expenses$13,288
XI-4 Net assets at start of year$762,343
XI-8 Prior period adjustments−$99,398
XI-10 Net assets at end of year$676,233

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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