St. Mary Villa Child Development Center
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$2,675,064.00
Projected Expenses
$2,643,780.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| St. Mary Villa IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $3,340,139.00 | $2,025,865.00 | $2,949,527.00 |
| Total Expenses | $2,287,861.00 | $2,110,998.00 | $1,685,720.00 |
| Revenue Less Expenses | $1,052,278.00 | ($85,133.00) | $1,263,807.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $200,589.00 | $194,173.00 | $191,771.00 |
| Government - Federal | $82,684.00 | $71,282.00 | $64,434.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $453,684.00 | $457,684.00 | $0.00 |
| Contributions, Gifts, and Grants | $53,179.00 | $155,012.00 | $208,254.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $2,074,721.00 | $1,756,945.00 | $1,312,095.00 |
| Investment Income, Net of Losses | $475,282.00 | $-609,231.00 | $1,172,973.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,869,561.00 | $1,723,846.00 | $1,371,955.00 |
| Administration Expense | $418,300.00 | $387,152.00 | $313,765.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 146% | 96% | 175% |
| Program Expense/Total Expenses | 82% | 82% | 81% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $2,074,721.00 | Program Revenue $1,756,945.00 | Program Revenue $1,312,095.00 |
| Second Highest Funding Source & Dollar Amount | Investment Income $475,282.00 | Government Grants $457,684.00 | Investment Income $1,172,973.00 |
| Third Highest Funding Source & Dollar Amount | Government Grants $453,684.00 | Foundations and Corporations $194,173.00 | Contributions, Gifts, and Grants $208,254.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $7,291,289.00 | $5,620,908.00 | $5,824,120.00 |
| Current Assets | $2,272,886.00 | $1,461,905.00 | $828,426.00 |
| Long-Term Liabilities | $468,287.00 | $0.00 | $229,148.00 |
| Current Liabilities | $260,885.00 | $111,069.00 | $229,148.00 |
| Total Net Assets | $6,562,117.00 | $5,509,839.00 | $5,594,972.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$2,407,463.00
What is the spending policy for your endowment?
Percentage
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
Exempt
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Prior to 2016, financial figures are taken from the Form 990. Starting in 2016, the organization only prepared an audit. Financial documents prepared by LBMC, PC. Comments provided by Nicole Rose 08/05/2024. |
