Hdlc INC FY2020 filing

Tax-deductible

Cumberland, MD501(c)(3)Human ServicesEIN 82-2454942

Our mission is to encourage and help children grow socially, academically, emotionally, physically, and spiritually. Our center is designed to ensure every child has a safe, happy, successful experience within a friendly and safe environment.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
2 of 6
filings with a surplus
Average surplus $54K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 21.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $44
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$120K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 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
$418K
To programs
91%
Net assets
$757K
By yearFY2020–FY2025
Revenue
$1.1M
FY2020
Revenue by fiscal year
FY2020$1.1M
FY2021$705K
FY2022$585K
FY2023$556K
FY2024$578K
FY2025$713K
Expenses
$418K
FY2020
Expenses by fiscal year
FY2020$418K
FY2021$614K
FY2022$662K
FY2023$641K
FY2024$792K
FY2025$759K
Net assets
$757K
FY2020
Net assets by fiscal year
FY2020$757K
FY2021$848K
FY2022$772K
FY2023$687K
FY2024$478K
FY2025$436K

From the FY2020 Form 990 · see the original

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 ruling in Mar 2019.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $380K Management & general 9% · $38K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Supervisor -
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Curr Hdlc Di
$0Pt VII · Sec A
Frmr Hdlc Di
$0Pt VII · Sec A
See Hdlc 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 15aNo

Programs and updates

Nurtures children's growth in all areas within a safe and happy environment.

Provided by the organization

This section is blank until Hdlc INC claims this page.

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1 program service account for $355K of program spending, described in the organization's own filed words · FY2020.
01

HDLC'S program for infants & toddlers emphasizes health and safety, cleanliness, proper nutrition and stimulation for learning readiness in the future. Babies experience their world through the senses - touching a soft blanket, sucking their fingers, watching a mobile move, mimicking their caregivers voice or listening to music.

$355Kprogram 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 · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$44

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$722K
Fees for servicesLn 2g$342K
Other incomeLn 4–11$6K
Money outPt IX
$418K
Ln 25
Programscol B$380K
Managementcol C$38K
Owns and owesPt X
$757K
net assets · Ln 32
Cash and savingsLn 1–2$764K
Total assetsLn 16$877K
LiabilitiesLn 26$120K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$722K
Government grantsLn 1e$25K
Fees for servicesLn 2g$342K
Investment incomeLn 3$1K
Other incomeLn 4–11$6K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$73K
SavingsLn 2$691K
Cash and savings togetherLn 1–2$764K
Land, buildings, equipmentLn 10c$86K
Other assetsLn 15$4K
Total assetsLn 16$877K
LiabilitiesLn 26$120K
Net assetsLn 32$757K
OperationsPt I, VI
EmployeesI 524
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$118K$764K
Land, buildings, equipmentLn 10c$3K$86K
Total assetsLn 16$130K$877K
LiabilitiesLn 26$25K$120K
Net assetsLn 32$104K$757K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$311K$296K$15K
Payroll taxesLn 10$27K$25K$1K
Legal feesLn 11b$250$250
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$6K$6K
OccupancyLn 16$21K$21K
InterestLn 20$602$602
Depreciation, depletion and amortizationLn 22$631$631
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$25K$25K
All other expensesLn 24e$779$711$68
Total functional expensesLn 25$418K$380K$38K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $713K$759K−$46K$436K 990 PDF
FY2024 $578K$792K−$214K$478K 990 PDF
FY2023 $556K$641K−$85K$687K 990 PDF
FY2022 $585K$662K−$76K$772K 990 PDF
FY2021 $705K$614K$91K$848K 990 PDF
FY2020 Viewing $1.1M$418K$653K$757K 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,071,043 across 7 lines filed
VIII-1e Government grants$25,000
VIII-1f All other contributions, gifts and grants$696,876
VIII-1h Total contributions, gifts and grants$721,876
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $342,133$342,133
VIII-3 Investment incomeRelated to mission $1,390$1,390
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,644$5,644
VIII-12 Total revenueRelated to mission $349,167$1,071,043
Part IX · Statement of functional expenses $418,287 across 12 lines filed
IX-7 Other salaries and wagesPrograms $296,480 · Management $14,992$311,472
IX-10 Payroll taxesPrograms $25,278 · Management $1,336$26,614
IX-11b Legal feesManagement $250$250
IX-11c Accounting feesManagement $19,285$19,285
IX-11g Other fees for servicesManagement $1,928$1,928
IX-13 Office expensesPrograms $5,632$5,632
IX-16 OccupancyPrograms $20,944$20,944
IX-20 InterestPrograms $602$602
IX-22 Depreciation, depletion and amortizationPrograms $631$631
IX-23 InsurancePrograms $5,613$5,613
IX-24 Other expenses (24a–d)Programs $24,537$24,537
IX-24e All other expensesPrograms $711 · Management $68$779
IX-25 Total functional expensesPrograms $380,428 · Management $37,859 · Fundraising $0$418,287
Part X · Balance sheet $876,731 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $85,907$73,200
X-2 Savings and temporary cash investmentsStart of year $31,785$690,583
X-4 Accounts receivableStart of year $2,917$23,257
X-10c Land, buildings and equipment, netStart of year $2,915$85,736
X-15 Other assets$3,955
X-16 Total assetsStart of year $129,525$876,731
X-17 Accounts payable and accrued expensesStart of year $17,520$40,034
X-25 Other liabilitiesStart of year $7,764$79,700
X-26 Total liabilitiesStart of year $25,284$119,734
X-27 Net assets without donor restrictionsStart of year $104,241$61,753
X-28 Net assets with donor restrictions$695,244
X-32 Total net assets or fund balancesStart of year $104,241$756,997
X-33 Total liabilities and net assetsStart of year $129,525$876,731
Part XI · Reconciliation of net assets $756,997 net assets at year end
XI-1 Total revenue$1,071,043
XI-2 Total expenses$418,287
XI-3 Revenue less expenses$652,756
XI-4 Net assets at start of year$104,241
XI-10 Net assets at end of year$756,997

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

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