Great Beginnings INC FY2022 filing

Boise, IDUnknown exempt organizationSince 1991 EIN 82-0446616Revenue $715K in FY2022

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.

98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2022 · 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
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
3% of total assets
Looks good: liabilities are 3% 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
$715K
-20% vs prior year
Spent
$691K
To programs
98%
Net assets
$283K
By yearFY2020–FY2025
Revenue
$715K
FY2022▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$708K
FY2021$896K
FY2022$715K
FY2023$394K
FY2024$444
FY2025−$81K
Expenses
$691K
FY2022▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2020$766K
FY2021$902K
FY2022$691K
FY2023$406K
FY2024$10K
FY2025$463
Net assets
$283K
FY2022▲ +9%
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 FY2022 Form 990 · see the original

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You’re viewing the FY2022 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

98 cents of each dollar spent went to programs.

Program services 98% · $680K Management & general 2% · $12K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
VP/Treasurer
$0Pt VII · Sec A
Secretary
$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 · $680K · in their own filed words · FY2022
01

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

$680Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$715K
Ln 12
Fees for servicesLn 2g$435K
Gifts and grantsLn 1h$279K
Money outPt IX
$691K
Ln 25
Programscol B$680K
Managementcol C$12K
Owns and owesPt X
$283K
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$291K
LiabilitiesLn 26$8K
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$279K
Government grantsLn 1e$279K
Fees for servicesLn 2g$435K
Total revenueLn 12$715K
Assets in detailPt X, end of year
CashLn 1$16K
Cash and savings togetherLn 1–2$16K
Land, buildings, equipmentLn 10c$94K
Other assetsLn 15$83K
Total assetsLn 16$291K
LiabilitiesLn 26$8K
Net assetsLn 32$283K
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 FY22End FY22
Cash and savingsLn 1–2$35K$16K
Land, buildings, equipmentLn 10c$91K$94K
Total assetsLn 16$273K$291K
LiabilitiesLn 26$12K$8K
Net assetsLn 32$260K$283K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$341K$341K
Payroll taxesLn 10$28K$28K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$28K$28K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$3K$3K
OccupancyLn 16$214K$214K
TravelLn 17$10K$10K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$45K$41K$4K
All other expensesLn 24e$1K$275$1K
Total functional expensesLn 25$691K$680K$12K$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 Viewing $715K$691K$23K$283K 990 PDF
FY2021 $896K$902K−$6K$260K 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $714,609 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $366,268$279,481
I-9 Program service revenuePrior year $529,821$435,128
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $896,089$714,609
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $361,745$368,964
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $539,862$322,396
I-18 Total expensesPrior year $901,607$691,360
I-19 Revenue less expensesPrior year −$5,518$23,249
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 $714,609 across 4 lines filed
VIII-1e Government grants$279,481
VIII-1h Total contributions, gifts and grants$279,481
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $435,128$435,128
VIII-12 Total revenueRelated to mission $435,128$714,609
Part IX · Statement of functional expenses $691,360 across 13 lines filed
IX-7 Other salaries and wagesPrograms $341,432$341,432
IX-10 Payroll taxesPrograms $27,532$27,532
IX-11c Accounting feesManagement $2,000$2,000
IX-11g Other fees for servicesPrograms $28,473$28,473
IX-12 Advertising and promotionPrograms $7,422$7,422
IX-13 Office expensesManagement $3,023$3,023
IX-16 OccupancyPrograms $213,565$213,565
IX-17 TravelPrograms $9,951$9,951
IX-19 Conferences, conventions and meetingsManagement $1,660$1,660
IX-22 Depreciation, depletion and amortizationPrograms $5,647$5,647
IX-23 InsurancePrograms $4,647$4,647
IX-24 Other expenses (24a–d)Programs $40,828 · Management $3,878$44,706
IX-24e All other expensesPrograms $275 · Management $1,027$1,302
IX-25 Total functional expensesPrograms $679,772 · Management $11,588 · Fundraising $0$691,360
Part X · Balance sheet $291,359 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $34,857$16,310
X-9 Prepaid expenses and deferred chargesStart of year $58,131$98,131
X-10c Land, buildings and equipment, netStart of year $90,925$93,556
X-15 Other assetsStart of year $88,714$83,362
X-16 Total assetsStart of year $272,627$291,359
X-25 Other liabilitiesStart of year $12,431$7,914
X-26 Total liabilitiesStart of year $12,431$7,914
X-27 Net assets without donor restrictionsStart of year $260,196$283,445
X-32 Total net assets or fund balancesStart of year $260,196$283,445
X-33 Total liabilities and net assetsStart of year $272,627$291,359
Part XI · Reconciliation of net assets $283,445 net assets at year end
XI-1 Total revenue$714,609
XI-2 Total expenses$691,360
XI-3 Revenue less expenses$23,249
XI-4 Net assets at start of year$260,196
XI-10 Net assets at end of year$283,445

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

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