Joyce Preschool FY2022 filing

Minneapolis, MNUnknown exempt organizationEIN 81-0594016Revenue $981K in FY2022

On file with the IRSjoycepreschool.org3400 Park Ave · Minneapolis, MN

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

75¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.6 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
$57K
10% of total assets
Looks good: liabilities are 10% 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
$981K
-11% vs prior year
Spent
$1.0M
To programs
75%
Net assets
$493K
By yearFY2021–FY2024
Revenue
$981K
FY2022▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.1M
FY2022$981K
FY2023$771K
FY2024$495K
Expenses
$1.0M
FY2022▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2021$936K
FY2022$1.0M
FY2023$1.0M
FY2024$725K
Net assets
$493K
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2021$549K
FY2022$493K
FY2023$255K
FY2024$0

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $781K Management & general 14% · $146K Fundraising 11% · $111K

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; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director Thru Jan 3, 2022
$44,033Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Member (thru March 2022)
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$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.

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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

Offers culturally affirming education to children from diverse backgrounds.

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Provided by the organization

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1 program · $781K · in their own filed words · FY2021
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…

$781Kprogram expense

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$981K
Ln 12
Fees for servicesLn 2g$494K
Gifts and grantsLn 1h$484K
Other incomeLn 4–11$3K
Money outPt IX
$1.0M
Ln 25
Programscol B$781K
Managementcol C$146K
Fundraisingcol D$111K
Owns and owesPt X
$493K
net assets · Ln 32
Cash and savingsLn 1–2$402K
Total assetsLn 16$549K
LiabilitiesLn 26$57K
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$484K
Government grantsLn 1e$154K
Noncash giftsLn 1g$4K
Fundraising eventsLn 1c$14K
Fees for servicesLn 2g$494K
Investment incomeLn 3$140
Other incomeLn 4–11$3K
Total revenueLn 12$981K
Assets in detailPt X, end of year
CashLn 1$271K
SavingsLn 2$130K
Cash and savings togetherLn 1–2$402K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$549K
LiabilitiesLn 26$57K
Net assetsLn 32$493K
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 FY22End FY22
Cash and savingsLn 1–2$464K$402K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$603K$549K
LiabilitiesLn 26$54K$57K
Net assetsLn 32$549K$493K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$136K$136K
Pay of current officers, directors and key staffLn 5$103K$80K$9K$14K
Other salaries and wagesLn 7$519K$399K$52K$68K
Other employee benefitsLn 9$25K$21K$1K$3K
Payroll taxesLn 10$46K$35K$4K$6K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$38K$38K
Other fees for servicesLn 11g$38K$6K$28K$3K
Advertising and promotionLn 12$4K$3K$652$49
Office expensesLn 13$19K$14K$2K$3K
Information technologyLn 14$12K$4K$282$7K
OccupancyLn 16$43K$35K$2K$6K
Conferences, conventions and meetingsLn 19$1K$103$1K$2
Other expenses (24a–d)Ln 24$51K$45K$5K$226
All other expensesLn 24e$2K$2K$77$161
Total functional expensesLn 25$1.0M$781K$146K$111K

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 Viewing $981K$1.0M−$56K$493K 990 PDF
FY2021 $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 FY2022 990 (6 parts)
Part I · Summary $981,246 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $697,405$484,097
I-9 Program service revenuePrior year $393,740$493,725
I-10 Investment incomePrior year $152$140
I-11 Other revenuePrior year $5,367$3,284
I-12 Total revenuePrior year $1,096,664$981,246
I-13 Grants and similar amounts paidPrior year $119,961$136,073
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $653,258$692,869
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $163,237$208,527
I-18 Total expensesPrior year $936,456$1,037,469
I-19 Revenue less expensesPrior year $160,208−$56,223
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $981,246 across 10 lines filed
VIII-1c Fundraising events$14,013
VIII-1e Government grants$154,348
VIII-1f All other contributions, gifts and grants$315,736
VIII-1g Noncash contributions (included above)$4,340
VIII-1h Total contributions, gifts and grants$484,097
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $493,725$493,725
VIII-3 Investment incomeExcluded from tax $140$140
VIII-8 Net income from fundraising eventsExcluded from tax $2,641$2,641
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $643$643
VIII-12 Total revenueRelated to mission $494,368 · Unrelated business $0 · Excluded from tax $2,781$981,246
Part IX · Statement of functional expenses $1,037,469 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $136,073$136,073
IX-5 Pay of current officers, directors and key staffPrograms $79,798 · Management $9,334 · Fundraising $13,611$102,743
IX-7 Other salaries and wagesPrograms $398,808 · Management $51,921 · Fundraising $68,184$518,913
IX-9 Other employee benefitsPrograms $20,564 · Management $1,312 · Fundraising $3,474$25,350
IX-10 Payroll taxesPrograms $35,397 · Management $4,414 · Fundraising $6,052$45,863
IX-11b Legal feesManagement $1,236$1,236
IX-11c Accounting feesManagement $37,550$37,550
IX-11g Other fees for servicesPrograms $6,410 · Management $28,376 · Fundraising $3,282$38,068
IX-12 Advertising and promotionPrograms $3,088 · Management $652 · Fundraising $49$3,789
IX-13 Office expensesPrograms $14,022 · Management $1,864 · Fundraising $2,928$18,814
IX-14 Information technologyPrograms $4,419 · Management $282 · Fundraising $7,354$12,055
IX-16 OccupancyPrograms $34,854 · Management $2,228 · Fundraising $5,897$42,979
IX-19 Conferences, conventions and meetingsPrograms $103 · Management $1,167 · Fundraising $2$1,272
IX-24 Other expenses (24a–d)Programs $45,405 · Management $5,155 · Fundraising $226$50,786
IX-24e All other expensesPrograms $1,740 · Management $77 · Fundraising $161$1,978
IX-25 Total functional expensesPrograms $780,681 · Management $145,568 · Fundraising $111,220$1,037,469
Part X · Balance sheet $549,193 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $314,341$271,263
X-2 Savings and temporary cash investmentsStart of year $149,359$130,292
X-3 Pledges and grants receivableStart of year $132,600$133,607
X-4 Accounts receivableStart of year $3,149$9,103
X-8 Inventories for sale or useStart of year $1,371$1,323
X-9 Prepaid expenses and deferred chargesStart of year $2,000$3,605
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $602,820$549,193
X-17 Accounts payable and accrued expensesStart of year $34,197$40,599
X-19 Deferred revenueStart of year $19,801$15,995
X-26 Total liabilitiesStart of year $53,998$56,594
X-27 Net assets without donor restrictionsStart of year $404,184$337,842
X-28 Net assets with donor restrictionsStart of year $144,638$154,757
X-32 Total net assets or fund balancesStart of year $548,822$492,599
X-33 Total liabilities and net assetsStart of year $602,820$549,193
Part XI · Reconciliation of net assets $492,599 net assets at year end
XI-1 Total revenue$981,246
XI-2 Total expenses$1,037,469
XI-3 Revenue less expenses−$56,223
XI-4 Net assets at start of year$548,822
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$492,599

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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