Holly Street Corporation
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,193,610.00
Projected Expenses
$1,193,910.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| holly street day care center irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,534,147.00 | $1,095,254.00 | $1,680,916.00 |
| Total Expenses | $1,175,523.00 | $919,554.00 | $1,020,641.00 |
| Revenue Less Expenses | $358,624.00 | $175,700.00 | $660,275.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $505,137.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $23,993.00 | $50,618.00 | $705,956.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $993,655.00 | $1,030,459.00 | $772,235.00 |
| Investment Income, Net of Losses | $318.00 | $124.00 | $77.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $9,034.00 | $13,877.00 | $6,931.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $2,010.00 | $176.00 | $16,125.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $928,209.00 | $773,684.00 | $840,099.00 |
| Administration Expense | $245,824.00 | $145,870.00 | $180,467.00 |
| Fundraising Expense | $1,490.00 | $0.00 | $75.00 |
| Total Revenue/Total Expenses | 131% | 119% | 165% |
| Program Expense/Total Expenses | 79% | 84% | 82% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $993,655.00 | Program Revenue $1,030,459.00 | Contributions, Gifts and Grants $705,956.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $505,137.00 | Contributions, Gifts, Grants $50,618.00 | Program Revenue $772,235.00 |
| Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $23,993.00 | Fundraising Events $13,877.00 | Other Revenue $16,125.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $1,652,817.00 | $1,340,932.00 | $1,224,135.00 |
| Current Assets | $883,657.00 | $699,619.00 | $733,910.00 |
| Long-Term Liabilities | $103,674.00 | $134,645.00 | $163,768.00 |
| Current Liabilities | $20,006.00 | $35,774.00 | $65,554.00 |
| Total Net Assets | $1,529,137.00 | $1,170,513.00 | $994,813.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from 990. 990 prepared by Ernest R. Harper, CPA. Comments provided by Hayley Sulfridge 12/19/23. |
