Great Beginnings INC FY2020 filing

Boise, IDUnknown exempt organizationSince 1991 EIN 82-0446616Revenue $708K in FY2020

On file with the IRSgreatbeginningschildcare.com913 S Latah Street · Boise, ID

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Licensed daycare to provide a safe environment with developmental programs and nutritious meals.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
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
1 of 6
filings with a surplus
Average deficit $24K a year · 5% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$110K
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$708K
Spent
$766K
To programs
100%
Net assets
$266K
By yearFY2020–FY2025
Revenue
$708K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$708K
FY2021$896K
FY2022$715K
FY2023$394K
FY2024$444
FY2025−$81K
Expenses
$766K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$766K
FY2021$902K
FY2022$691K
FY2023$406K
FY2024$10K
FY2025$463
Net assets
$266K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$266K
FY2021$260K
FY2022$283K
FY2023$272K
FY2024$263K
FY2025$0

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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% · $766K

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
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Great Beginnings 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides licensed daycare with developmental programs and nutritious meals.

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Provided by the organization

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1 program · $766K · in their own filed words · FY2020
01

Licensed daycare facility serving children 6 weeks to 12 years of age. No distinction for economic level. Includes developmental programs and activities and provision for nutrition based meals and snacks.

$766Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$708K
Ln 12
Fees for servicesLn 2g$604K
Gifts and grantsLn 1h$104K
Money outPt IX
$766K
Ln 25
Programscol B$766K
Owns and owesPt X
$266K
net assets · Ln 32
Cash and savingsLn 1–2$115K
Total assetsLn 16$376K
LiabilitiesLn 26$110K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$104K
Government grantsLn 1e$104K
Fees for servicesLn 2g$604K
Total revenueLn 12$708K
Assets in detailPt X, end of year
CashLn 1$115K
Cash and savings togetherLn 1–2$115K
Land, buildings, equipmentLn 10c$95K
Other assetsLn 15$90K
Total assetsLn 16$376K
LiabilitiesLn 26$110K
Net assetsLn 32$266K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$65K$115K
Land, buildings, equipmentLn 10c$84K$95K
Total assetsLn 16$333K$376K
LiabilitiesLn 26$9K$110K
Net assetsLn 32$324K$266K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$412K$412K
Payroll taxesLn 10$34K$34K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$550$550
Office expensesLn 13$3K$3K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$254K$254K
All other expensesLn 24e$44K$44K
Total functional expensesLn 25$766K$766K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest −$81K$463−$81K$0 990 PDF
FY2024 $444$10K−$9K$263K 990 PDF
FY2023 $394K$406K−$11K$272K 990 PDF
FY2022 $715K$691K$23K$283K 990 PDF
FY2021 $896K$902K−$6K$260K 990 PDF
FY2020 Viewing $708K$766K−$59K$266K 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 FY2020 990 (6 parts)
Part I · Summary $707,823 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,994$103,508
I-9 Program service revenuePrior year $868,034$604,315
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $890,028$707,823
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $525,162$445,980
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $361,271$320,499
I-18 Total expensesPrior year $886,433$766,479
I-19 Revenue less expensesPrior year $3,595−$58,656
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $707,823 across 4 lines filed
VIII-1e Government grants$103,508
VIII-1h Total contributions, gifts and grants$103,508
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $604,315$604,315
VIII-12 Total revenueRelated to mission $604,315$707,823
Part IX · Statement of functional expenses $766,479 across 10 lines filed
IX-6 Pay of disqualified personsPrograms $411,810$411,810
IX-10 Payroll taxesPrograms $34,170$34,170
IX-11c Accounting feesPrograms $2,955$2,955
IX-11g Other fees for servicesPrograms $1,226$1,226
IX-12 Advertising and promotionPrograms $550$550
IX-13 Office expensesPrograms $3,081$3,081
IX-22 Depreciation, depletion and amortizationPrograms $4,118$4,118
IX-23 InsurancePrograms $10,400$10,400
IX-24 Other expenses (24a–d)Programs $253,836$253,836
IX-24e All other expensesPrograms $44,333$44,333
IX-25 Total functional expensesPrograms $766,479 · Management $0 · Fundraising $0$766,479
Part X · Balance sheet $375,771 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $65,148$114,611
X-9 Prepaid expenses and deferred chargesStart of year $75,567$75,412
X-10c Land, buildings and equipment, netStart of year $84,339$95,370
X-15 Other assetsStart of year $108,181$90,378
X-16 Total assetsStart of year $333,235$375,771
X-17 Accounts payable and accrued expensesStart of year $8,865$110,057
X-26 Total liabilitiesStart of year $8,865$110,057
X-32 Total net assets or fund balancesStart of year $324,370$265,714
X-33 Total liabilities and net assetsStart of year $333,235$375,771
Part XI · Reconciliation of net assets $265,714 net assets at year end
XI-1 Total revenue$707,823
XI-2 Total expenses$766,479
XI-3 Revenue less expenses−$58,656
XI-4 Net assets at start of year$324,370
XI-10 Net assets at end of year$265,714

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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