Happy Days Preschool Inc is located in Ely, MN. The organization was established in 2014. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Happy Days Preschool Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Happy Days Preschool Inc generated $50.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $59.3k during the year ending 06/2023. While expenses have increased by 8.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PRESCHOOL PROGRAM FOR 33 MONTHS TO 6 YEAR OLDS OPERATED MONDAY THROUGH THURSDAY 8:00-3:30. TWO TEACHERS HIRED. 10 STUDENTS ENROLLED. THIS WAS OUR FIRST YEAR OFFERING AN ALMOST FULL DAY OF CARE TO MEET THE DEMAND IN OUR SMALL TOWN FOR CHILDCARE OPTIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Petersen President | 1 | $0 | |
Kaley Hotaling Director | 1 | $900 | |
Allison Pace Treasurer | 5 | $0 | |
Allison Heiman Secretary | 1 | $0 | |
Kathleen Floberg Director In Training | 5 | $1,520 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,003 |
| Total Program Service Revenue | $35,198 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $937 |
| Other Revenue | $0 |
| Total Revenue | $50,138 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,907 |
| Professional fees and other payments to independent contractors | $3,428 |
| Occupancy, rent, utilities, and maintenance | $750 |
| Printing, publications, postage, and shipping | $565 |
| Other expenses | $8,616 |
| Total expenses | $59,266 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,534 |
| Other assets | $0 |
| Total assets | $32,534 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,534 |