Carousel Family Services Inc
- Assets
- $150.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 38
- Location
- South Bend, IN
- Founding
- 12/1990
- Data as of
- 06/2016
- EIN
- 35-1790084
Organization Overview
Carousel Family Services Inc is located in South Bend, IN. The organization was established in 1990. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2016, Carousel Family Services Inc employed 38 individuals. Carousel Family Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL SERVICES FOR GRADES K-8, AFTER SCHOOL AND SUMMER SCHOOL PROGRAMS FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL SERVICES FOR GRADES K-8 AND AFTER SCHOOL PROGRAMS FOR CHILDREN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Germaine Smith Dir. Of Educ | Trustee | 40 | $70,000 |
Theodore Williams Treasurer | OfficerTrustee | 2 | $0 |
Yvonne Larrier President | OfficerTrustee | 40 | $0 |
Marlene Murray Board Member | Trustee | $0 | |
Joseph Campbell Secretary | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $951,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,860 |
| Noncash contributions included in lines 1a–1f | $6,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $958,035 |
| Total Program Service Revenue | $142,095 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,133,669 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,596 |
| Pension plan accruals and contributions | $56,386 |
| Other employee benefits | $0 |
| Payroll taxes | $39,452 |
| Fees for services: Management | $35,983 |
| Fees for services: Legal | $18,173 |
| Fees for services: Accounting | $58,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,335 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,475 |
| Travel | $1,372 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,830 |
| Insurance | $28,568 |
| All other expenses | $18,139 |
| Total functional expenses | $1,012,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,606 |
| Net Land, buildings, and equipment | $35,855 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,183 |
| Accounts payable and accrued expenses | $82,337 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,000 |
| Total liabilities | $90,337 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $59,846 |