Happy Time Child Development Center in Vinton, Iowa (IA)

Organization representatives - add corrected or new information about Happy Time Child Development Center »

Non-representatives - add comments about Happy Time Child Development Center»

Happy Time Child Development Center
Employer Identification Number (EIN)420982401
Name of OrganizationHappy Time Child Development Center
In Care of NameLaura Mcclure
Address1310 W 1st St, Vinton, IA 52349-2439
ActivitiesOther school related activities, Other youth organization or activities
SubsectionCharitable Organization, Educational Organization
Ruling Date05/1972
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$527,705
Amount of Income$356,867
Form 990 Revenue Amount$356,867
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Child Day Care


Non-representatives - add comments:


CAPTCHA

Your IP address 3.144.42.174 will be logged.

Amount of income in 2014: $356,867 (it was $327,301 in 2013)
Happy Time Child Development Center: 

 $356,867
Other organizations performing similar types of work: 

 $432,586

Assets in 2014: $527,705 (it was $490,540 in 2013)
This organization: 

 $527,705
Other organizations performing similar types of work: 

 $157,501

Expenses in 2014: $313,709
This organization: 

 $313,709
Other organizations performing similar types of work: 

 $507,785

Income to expenses ratio in 2014: 1.1
Happy Time Child Development Center: 

 1.1
Other organizations performing similar types of work: 

 1.0

Number of employees in 2014: 29
This organization: 

 29
Other organizations performing similar types of work: 

 25

Grants share in income in 2014: 0.1%
This organization: 

 0.1%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNoYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoNoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNoNo
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other liabilities?YesYesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNoNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?NoNoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 1096000
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return343429
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$16,551$22,111$21,016
Total reportable compensation from related organizations$0$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization000
Total number of independent contractors who received more than $100,000 of compensation from the organization000
Statement of Revenue
2011201220132014
Total revenue$356,405$340,041$327,301$356,867
Contributions, Gifts, Grants and Other Similar Amounts$2,778$2,806$1,543$500
Program Service Revenue$334,580$328,466$322,802$356,337
Child Day Care Services $1,436$921$15,472
Child Day Care Services $598$1,348$344,652
Child Day Care Services $1,945$2,005$420
Child Day Care Services $314,946$312,448$2,049
All other program service revenue$-7,514$-11,051$-6,256
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0$0$0$0
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0$0
Net income/loss from fundraising events$0$0$0$0
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$19,047$8,769$2,956$30
Child Day Care Services $35$6$29
900001$5,578$2,950$1
All other revenue$9$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$330,321$337,524$334,596$313,709
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$12,440$16,551$22,111$21,016
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$207,567$196,937$196,903$190,160
Pension plan accruals and contributions$0$0$0
Other employee benefits$0$0$0
Payroll taxes$17,648$16,286$16,979$15,991
Fees for services (non-employees)
Management$0$0$0
Legal$64$0$0
Accounting$400$412$407
Lobbying$0$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0$0
Other$0$0$0
Advertising and promotion$460$67$0
Office expenses$6,290$2,198$4,028
Information technology$0$2,395$0
Royalties$0$0$0
Occupancy$31,437$23,428$17,237
Travel$191$0$34
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$0$0$0
Interest$17,043$16,725$16,418
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$14,990$14,990$14,990
Insurance$8,111$6,463$7,610
Other expenses$1,954$2,346$17,544
Other expenses$2,142$2,716$3,155
Other expenses$6,726$3,102$3,055
Other expenses$15,112$19,567$553
Other expenses$2,830$4,194$1,511
Balance Sheet
2011201220132014
Total assets$505,768$501,993$490,540$527,705
Cash - non-interest-bearing$27,778$29,892$77,712
Savings and temporary cash investments$14,266$15,925$20,912
Pledges and grants receivable, net$0$0$0
Accounts receivable, net$5,807$5,572$4,918
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$0$0$0
Land, buildings, and equipment: cost or other basis$454,141$439,151$424,161
Investments - publicly traded securities$0$0$0
Investments - other securities$0$0$0
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$1$0$2
Total liabilities$366,541$360,249$356,091$350,098
Accounts payable and accrued expenses$5,594$2,788$1,121
Grants payable$0$0$0
Deferred revenue$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$360,524$354,653$348,568$342,186
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$2$4,735$6,791
Total net assets or fund balances$139,227$141,744$134,449$177,607
Unrestricted net assets$141,744$134,449$177,607
Temporarily restricted net assets$0$0$0
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$1,699,764
Subtotal$1,699,764
Gifts, grants, contributions, and membership fees received$7,812
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$1,691,952
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$1,760,558
Public support$1,699,764
Subtotal$16
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$16
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$60,778
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Happy Time Child Development Center to others? (optional)
  
Add photo of Happy Time Child Development Center (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Disabled American Veterans, Disabled American Veterans Chapter 20 - Des Moines Ia in Des Moines, IA
Pink Tractor Foundation in St Charles, IA
*****
Mid Iowa Foster Grandparent Program in Boone, IA
Furry Friends Refuge in Urbandale, IA
*
Endure Iowa Inc in Johnston, IA
*****
Boone Community Theatre in Boone, IA
****
Missouri River Boat Club in Sioux City, IA
**
Teens Of Tomorrow Inc in Council Blfs, IA
Midwest Pets For Life in Clinton, IA
*****
Raised At Full Draw in Winterset, IA
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Child Development Inc101 Creslane, Maquoketa, IA 52060-2076IA1974-09$596,950
2Children And Families Of Iowa1111 University Ave, Des Moines, IA 50314-2329IA1947-01$15,042,682
3Community United Child Care Centers Inc1026 E Seerley Blvd, Cedar Falls, IA 50613-5206IA1993-12$3,520,080
4Ames Community Pre School Center920 Carroll Ave, Ames, IA 50010-5716IA1977-02$1,318,453
5Waverly Child Care & PreschoolPO BOX 34, Waverly, IA 50677-0034IA1972-03$1,159,580
6Williamsburg Community Child Care CenterPO BOX 837, Williamsburg, IA 52361-0837IA1995-06$730,580
7Sunflower Child Care Center Inc300 Hwy 9 East, Decorah, IA 52101IA1976-12$611,095
8Time For Tots Inc611 10th St, Harlan, IA 51537-1065IA1990-08$402,562
9Webster City Day Care Center1317 Beach St, Webster City, IA 50595-2609IA1973-11$361,856
10Wee Care Inc1200 Central Ave, Hawarden, IA 51023-1816IA1990-11$298,039
11Weber Before And After School Program Corp3850 Rohret Rd, Iowa City, IA 52246-8634IA1996-01$212,547
12Sealed With A Kid IncPO BOX 101, Ida Grove, IA 51445-0101IA1993-08$207,972
13Sunshine Day Care110 Ne Grant St, Greenfield, IA 50849-1270IA1979-02$128,294
14West Liberty Before And After School Programs111 W 7th St, West Liberty, IA 52776-1225IA1997-07$119,222
15Tiny Scholars Learning & Care CenterPO BOX D, Bennett, IA 52721-0343IA1995-03$59,429
16Cherokee Day Care Inc400 N Roosevelt Ave, Cherokee, IA 51012-1938IA1995-02$0
17Childrens Garden Inc205 S 27th St, Council Blfs, IA 51501-3558IA1997-06$0
18Parents Inc1654 Highway 60 Blvd, Sibley, IA 51249-7501IA1992-07$0
19Stratford Kids Academy IncPO BOX 34, Stratford, IA 50249-0034IA1993-11$0
20Tender Loving Care Inc57301 Glover Rd, Pacific Jct, IA 51561-4207IA1998-08$0
Number of organizations performing similar types of work
Alaska8
Alabama20
Arkansas28
Arizona4
California140
Colorado22
Connecticut42
District of Columbia15
Delaware5
Florida62
Georgia34
Hawaii7
Iowa60
Idaho4
Illinois85
Indiana43
Kansas30
Kentucky17
Louisiana33
Massachusetts107
Maryland43
Maine11
Michigan37
Minnesota34
Missouri45
Mississippi31
Montana11
North Carolina47
North Dakota8
Nebraska11
New Hampshire22
New Jersey73
New Mexico13
Nevada3
New York199
Ohio57
Oklahoma17
Oregon20
Pennsylvania77
Rhode Island10
South Carolina17
South Dakota7
Tennessee48
Texas67
Utah10
Virginia43
Vermont17
Washington37
Wisconsin70
West Virginia16
Wyoming11
International2
Total1,880

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Happy Time Child Development Center and has no official or unofficial affiliation with Happy Time Child Development Center