Joyce Preschool FY2021 filing

Minneapolis, MNUnknown exempt organizationEIN 81-0594016

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To provide children from diverse backgrounds with a culturally affirming educational experience.

77¢ of each $1 spent went to programs.
$79K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
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
1 of 4
filings with a surplus
Average deficit $91K a year · 11% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$79K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $62K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$54K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$936K
To programs
77%
Net assets
$549K
By yearFY2021–FY2024
Revenue
$1.1M
FY2021
Revenue by fiscal year
FY2021$1.1M
FY2022$981K
FY2023$771K
FY2024$495K
Expenses
$936K
FY2021
Expenses by fiscal year
FY2021$936K
FY2022$1.0M
FY2023$1.0M
FY2024$725K
Net assets
$549K
FY2021
Net assets by fiscal year
FY2021$549K
FY2022$493K
FY2023$255K
FY2024$0

From the FY2021 Form 990 (year ending June 2021) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $719K Management & general 10% · $94K Fundraising 13% · $123K

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

15 people listed on the 990; $79K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director (thru May 2021)
$79,196Pt VII · Sec A
Chair (as of May 2021)
$0Pt VII · Sec A
Vice-Chair (as of May 2021)
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary (as of May 2021)
$0Pt VII · Sec A
Secretary (thru May 2021)
$0Pt VII · Sec A
Member (chair Until May 2021)
$0Pt VII · Sec A
Member (vice-Chair Thru May 2021)
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021
Ryan Mulso$66,501$80,929——
Laura Blackmar-Tompkins———$79,196
Emily Halstead Interim——$44,033—
Andrea Jauli$16,237———

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 Joyce Preschool 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 15aNo

Programs and updates

Offers culturally affirming education to children from diverse backgrounds.

Provided by the organization

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1 program service account for $719K of program spending, described in the organization's own filed words · FY2020.
01

Provided bilingual (spanish-english) early childhood education and family support services to approximately 125 families. In addition to the high-quality, anti-bias preschool curriculum and bilingual teaching staff who reflect the families in the program, joyce offers parent workshops, individual support through home visiting, and…

$719Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$62K
Grants paid · 5 grants · $429K · 2020–2023
Unitemized GrantFY2023$65,596
Unitemized GrantFY2022$107,410
Unitemized GrantFY2021$136,073
Unitemized GrantFY2020$118,839
Unitemized GrantFY2020$1,122

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$697K
Fees for servicesLn 2g$394K
Other incomeLn 4–11$5K
Money outPt IX
$936K
Ln 25
Programscol B$719K
Managementcol C$94K
Fundraisingcol D$123K
Owns and owesPt X
$549K
net assets · Ln 32
Cash and savingsLn 1–2$464K
Total assetsLn 16$603K
LiabilitiesLn 26$54K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$697K
Government grantsLn 1e$341K
Noncash giftsLn 1g$3K
Fundraising eventsLn 1c$27K
Fees for servicesLn 2g$394K
Investment incomeLn 3$152
Other incomeLn 4–11$5K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$314K
SavingsLn 2$149K
Cash and savings togetherLn 1–2$464K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$603K
LiabilitiesLn 26$54K
Net assetsLn 32$549K
OperationsPt I, VI
EmployeesI 524
VolunteersI 665
Fiscal year endsHeaderJune
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$405K$464K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$534K$603K
LiabilitiesLn 26$146K$54K
Net assetsLn 32$389K$549K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$120K$120K
Pay of current officers, directors and key staffLn 5$82K$65K$5K$13K
Other salaries and wagesLn 7$499K$393K$28K$78K
Other employee benefitsLn 9$27K$21K$1K$4K
Payroll taxesLn 10$45K$35K$3K$7K
Legal feesLn 11b$295$295
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$35K$2K$30K$3K
Advertising and promotionLn 12$3K$1K$1K$310
Office expensesLn 13$12K$7K$3K$3K
Information technologyLn 14$13K$1K$4K$7K
OccupancyLn 16$42K$33K$2K$6K
Conferences, conventions and meetingsLn 19$9K$4K$5K$25
Other expenses (24a–d)Ln 24$39K$36K$3K$409
All other expensesLn 24e$337$133$204
Total functional expensesLn 25$936K$719K$94K$123K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $495K$725K−$230K$0 990 PDF
FY2023 $771K$1.0M−$238K$255K 990 PDF
FY2022 $981K$1.0M−$56K$493K 990 PDF
FY2021 Viewing $1.1M$936K$160K$549K 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 (4 parts)
Part VIII · Statement of revenue $1,096,664 across 10 lines filed
VIII-1c Fundraising events$26,941
VIII-1e Government grants$340,630
VIII-1f All other contributions, gifts and grants$329,834
VIII-1g Noncash contributions (included above)$3,198
VIII-1h Total contributions, gifts and grants$697,405
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $393,740$393,740
VIII-3 Investment incomeExcluded from tax $152$152
VIII-8 Net income from fundraising eventsExcluded from tax $107$107
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,260$5,260
VIII-12 Total revenueRelated to mission $399,000 · Unrelated business $0 · Excluded from tax $259$1,096,664
Part IX · Statement of functional expenses $936,456 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $119,961$119,961
IX-5 Pay of current officers, directors and key staffPrograms $64,928 · Management $4,564 · Fundraising $12,938$82,430
IX-7 Other salaries and wagesPrograms $392,822 · Management $27,612 · Fundraising $78,281$498,715
IX-9 Other employee benefitsPrograms $21,373 · Management $1,499 · Fundraising $4,250$27,122
IX-10 Payroll taxesPrograms $34,873 · Management $3,169 · Fundraising $6,949$44,991
IX-11b Legal feesManagement $295$295
IX-11c Accounting feesManagement $9,200$9,200
IX-11g Other fees for servicesPrograms $2,195 · Management $30,327 · Fundraising $2,863$35,385
IX-12 Advertising and promotionPrograms $1,291 · Management $1,197 · Fundraising $310$2,798
IX-13 Office expensesPrograms $6,724 · Management $2,680 · Fundraising $3,012$12,416
IX-14 Information technologyPrograms $1,223 · Management $4,214 · Fundraising $7,456$12,893
IX-16 OccupancyPrograms $33,383 · Management $2,250 · Fundraising $6,217$41,850
IX-19 Conferences, conventions and meetingsPrograms $4,055 · Management $4,521 · Fundraising $25$8,601
IX-24 Other expenses (24a–d)Programs $36,180 · Management $2,873 · Fundraising $409$39,462
IX-24e All other expensesPrograms $133 · Fundraising $204$337
IX-25 Total functional expensesPrograms $719,141 · Management $94,401 · Fundraising $122,914$936,456
Part X · Balance sheet $602,820 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $255,775$314,341
X-2 Savings and temporary cash investmentsStart of year $149,226$149,359
X-3 Pledges and grants receivableStart of year $100,000$132,600
X-4 Accounts receivableStart of year $27,447$3,149
X-8 Inventories for sale or useStart of year $1,482$1,371
X-9 Prepaid expenses and deferred chargesStart of year $469$2,000
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $534,399$602,820
X-17 Accounts payable and accrued expensesStart of year $12,661$34,197
X-19 Deferred revenueStart of year $10,525$19,801
X-24 Unsecured notes and loans payableStart of year $122,599$0
X-26 Total liabilitiesStart of year $145,785$53,998
X-27 Net assets without donor restrictionsStart of year $212,295$404,184
X-28 Net assets with donor restrictionsStart of year $176,319$144,638
X-32 Total net assets or fund balancesStart of year $388,614$548,822
X-33 Total liabilities and net assetsStart of year $534,399$602,820
Part XI · Reconciliation of net assets $548,822 net assets at year end
XI-1 Total revenue$1,096,664
XI-2 Total expenses$936,456
XI-3 Revenue less expenses$160,208
XI-4 Net assets at start of year$388,614
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$548,822

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

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