Growing Years School FY2021 filing

Tax-deductible

Basalt, CO501(c)(3)EducationEIN 84-1477810Revenue $984K in FY2021

On file with the IRSgrowingyearsbasalt.org151 School St, 81621-8242 · Basalt, COTax-exempt since Mar 1999Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$128K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $28K a year · 2% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$128K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $81K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$984K
-2% vs prior year
Spent
$1.0M
To programs
100%
Net assets
$343K
By yearFY2020–FY2023
Revenue
$984K
FY2021▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$984K
FY2022$1.2M
FY2023$1.4M
Expenses
$1.0M
FY2021▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$827K
FY2021$1.0M
FY2022$1.1M
FY2023$1.5M
Net assets
$343K
FY2021▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$394K
FY2021$343K
FY2022$416K
FY2023$328K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Mar 1999.

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% · $1.0M

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

7 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation
$127,916Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Borad Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Adele Matthee’s $140K as Director is at the 59th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Adele Matthee$140,418$127,916$80,750

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

Growing Years School is an education nonprofit based in Basalt, CO.

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Provided by the organization

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1 program · $1.0M · in their own filed words · FY2021
01

Childcare services provided to children ages 1 through 5, with a toddler program and preschool program. Average daily number of children enrolled is around 20.

$1.0Mprogram expense

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 · FY2024
Total grants receivedfrom 1 funder$81K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$984K
Ln 12
Fees for servicesLn 2g$838K
Gifts and grantsLn 1h$138K
Other incomeLn 4–11$8K
Money outPt IX
$1.0M
Ln 25
Programscol B$1.0M
Owns and owesPt X
$343K
net assets · Ln 32
Cash and savingsLn 1–2$262K
Total assetsLn 16$347K
LiabilitiesLn 26$4K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$138K
Government grantsLn 1e$111K
Fees for servicesLn 2g$838K
Investment incomeLn 3$28
Other incomeLn 4–11$8K
Gains on assetsLn 7$0
Total revenueLn 12$984K
Assets in detailPt X, end of year
CashLn 1$24K
SavingsLn 2$238K
Cash and savings togetherLn 1–2$262K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$64K
Other assetsLn 15$0
Total assetsLn 16$347K
LiabilitiesLn 26$4K
Net assetsLn 32$343K
OperationsPt I, VI
EmployeesI 528
VolunteersI 620
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 FY21End FY21
Cash and savingsLn 1–2$335K$262K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$62K$64K
Total assetsLn 16$405K$347K
LiabilitiesLn 26$11K$4K
Net assetsLn 32$394K$343K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$128K$128K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$589K$589K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$62K$62K
Payroll taxesLn 10$57K$57K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$26K$26K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$59K$59K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$90K$90K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$1.0M$1.0M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $1.4M$1.5M−$88K$328K 990 PDF
FY2022 $1.2M$1.1M$73K$416K 990 PDF
FY2021 Viewing $984K$1.0M−$51K$343K 990 PDF
FY2020 $1.0M$827K$179K$394K 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 (6 parts)
Part I · Summary $983,940 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $360,811$137,995
I-9 Program service revenuePrior year $633,033$837,635
I-10 Investment incomePrior year $40$28
I-11 Other revenuePrior year $11,490$8,282
I-12 Total revenuePrior year $1,005,374$983,940
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $678,228$835,653
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $148,571$199,368
I-18 Total expensesPrior year $826,799$1,035,021
I-19 Revenue less expensesPrior year $178,575−$51,081
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $983,940 across 10 lines filed
VIII-1e Government grants$111,497
VIII-1f All other contributions, gifts and grants$26,498
VIII-1h Total contributions, gifts and grants$137,995
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $837,635$837,635
VIII-3 Investment incomeRelated to mission $28$28
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$8,282
VIII-12 Total revenueRelated to mission $837,663$983,940
Part IX · Statement of functional expenses $1,035,021 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $127,916$127,916
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $589,016$589,016
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $61,805$61,805
IX-10 Payroll taxesPrograms $56,916$56,916
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $26,030$26,030
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $3,951$3,951
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $59,297$59,297
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,272$3,272
IX-23 InsurancePrograms $11,178$11,178
IX-24 Other expenses (24a–d)Programs $89,912$89,912
IX-24e All other expensesPrograms $5,728$5,728
IX-25 Total functional expensesPrograms $1,035,021 · Management $0 · Fundraising $0$1,035,021
Part X · Balance sheet $346,931 assets, 18 lines filed
Asset lines not itemized here account for $605; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $24,248$24,282
X-2 Savings and temporary cash investmentsStart of year $310,766$237,580
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $6,737$19,987
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $62,277$64,477
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $405,278$346,931
X-19 Deferred revenueStart of year $11,283$3,915
X-25 Other liabilitiesStart of year $198$300
X-26 Total liabilitiesStart of year $11,481$4,215
X-32 Total net assets or fund balancesStart of year $393,797$342,716
X-33 Total liabilities and net assetsStart of year $405,278$346,931
Part XI · Reconciliation of net assets $342,716 net assets at year end
XI-1 Total revenue$983,940
XI-2 Total expenses$1,035,021
XI-3 Revenue less expenses−$51,081
XI-4 Net assets at start of year$393,797
XI-10 Net assets at end of year$342,716

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

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