2025-02-12T14:29:31-08:00 2024-06-30 Hurricane Debby, Helene and Milton 591362099 Rogers Wood Hill Starman & Gustason PA 2375 Tamiami Trail North Suite 110 Naples FL 34103 990 2023-07-01 591039978 Fun Time Early Childhood Academy Inc FUNT 2392618284 102 12th St N Naples FL 34102 Linda B Carter Treasurer 2025-02-12 true true Sean M Nolan CPA P00837447 2392621040 2023 2025-03-06 01:10:19Z 102 12th St N Naples FL 34102 5650960 false X www.funtimeacademy.org X 1962 FL To provide affordable, high-quality early learning for underserved children from working families, preparing them for success in kindergarten and beyond. 14 14 62 45 0 1971873 3255256 821059 2119308 157194 169632 -49514 -19180 2900612 5525016 0 0 1558314 3064623 0 114315 692157 793477 2250471 3858100 650141 1666916 6956899 9532476 106822 276306 6850077 9256170 To provide affordable, high-quality early learning for underserved children from working families, preparing them for success in kindergarten and beyond. false false 3306684 2119308 Fun Time Academy provides affordable, high-quality early learning for underserved children from working families, preparing them for success in kindergarten and beyond. Through a safe, nurturing, and academically enriching environment, we equip children aged birth to five with the foundational skills necessary for lifelong learning. During the fiscal year, we served up to 350 children across four locations, delivering a research-based curriculum aligned with state early learning standards. We utilize Teaching Strategies Gold Assessments to monitor each childs progress and implement individualized learning strategies that support cognitive, social-emotional, and physical development. Recognizing the vital role families play in early education, we hosted monthly parent involvement activities to strengthen the connection between home and school. Additionally, we maintained strategic community partnerships ensuring families have the support they need. As a highly rated provider through the Early Learning Coalition, with one location holding national accreditation, we remain dedicated to delivering the highest standards in early childhood education. 3306684 true true false false false false false false false true true false false true true true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 8 0 true 62 true false false false false false false false 0 false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false FL X X Peter Gould 2392618284 102 12th St N Naples FL 34102 Jessica Campbell Executive Dir. 40.00 0.00 X X 167796 0 24233 Kris Pfaehler Past Chair 2.00 0.00 X 0 0 0 Karen Lutz Chairman 10.00 0.00 X X 0 0 0 Fran O'Sullivan Secretary 5.00 0.00 X X 0 0 0 Linda B Carter Treasurer 5.00 0.00 X X 0 0 0 Cindy Babka Director 2.00 0.00 X 0 0 0 Alexis Barkis Director 2.00 0.00 X 0 0 0 Tom Gayer Director 2.00 0.00 X 0 0 0 Pam Heffernan Director 2.00 0.00 X 0 0 0 Don Lawson Director 4.00 0.00 X 0 0 0 Karen Hopper Director 4.00 0.00 X 0 0 0 Lisa L Sanchez Director 4.00 0.00 X 0 0 0 Kelly Saylor Director 2.00 0.00 X 0 0 0 Roger Schorr Director 4.00 0.00 X 0 0 0 Bob Polizzotto Director 2.00 0.00 X 0 0 0 167796 24233 1 false true false Blue Cross Blue Shield of Florida 8041 Plaza del Lago Dr Estero FL 33928 Health Insurance Service 326072 1 500532 403380 2351344 1250000 3255256 Childcare Fees 624410 1053969 1053969 Tuition Assistance 624410 1065339 1065339 2119308 113606 113606 0 0 0 56026 56026 56026 56026 106764 500532 125944 -19180 -19180 0 0 0 5525016 2119308 150452 0 0 0 0 147607 127991 14544 5072 0 2243044 1944949 221017 77078 388102 333768 42691 11643 0 285870 251565 28587 5718 0 63067 5289 52304 5474 17604 1476 14600 1528 0 0 11257 11257 5900 495 4893 512 0 69522 66317 3205 0 0 23401 22763 638 0 0 0 470 470 0 83641 72706 10935 91376 91376 Supplies 146081 134324 5597 6160 Repairs and Maintenance 143244 128920 14324 Payroll Fee 56506 49725 5651 1130 Utilities 36139 32525 3614 45269 42495 2774 3858100 3306684 437101 114315 489313 435894 408301 686107 0 50707 50708 0 0 0 0 47499 102635 4060897 1268870 1426077 2792027 0 0 0 0 4535002 5465105 6956899 9532476 96037 179172 10785 97134 106822 276306 X 6408396 8819721 441681 436449 6850077 9256170 6956899 9532476 1666916 739177 X false true X true false X 1020038 1361179 1333152 1971873 3318831 9005073 0 0 1020038 1361179 1333152 1971873 3318831 9005073 0 9005073 62696 73645 68098 79037 113606 397082 0 61529 4714 5142 24654 96039 9498194 0.94810 0.93690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4082605 821853 37849 4942307 3234355 300000 548251 4082606 3867524 -584844 48325 3234355 2881740 1002579 16795 3867524 2659490 250000 -11929 15823 2881738 1.00000 true false false 560000 560000 2861331 859359 2001972 639566 409511 230055 2792027 Bene Int Assets held by Others 4942307 Donated use of land 436449 Right of Use Assets - Net Financing 86349 5465105 Lease Obligations - Financing 97134 97134 X 6378880 739177 125944 865121 5513759 11257 11257 5525016 3972787 125944 125944 3846843 11257 11257 3858100 Part V, Line 4: Intended uses of the endowment fund. Each year Fun Time Early Childhood Academy has to raise approximately half of its budgeted operating expenses from donors. The 50 more years fund has been established so that Fun Time will have an endowment fund that will ultimately provide income to meet a portion of the operating expenses of the academy. As the 50 more years fund grows the financial position of Fun Time will be secured. The Building Capital Reserve Fund will be used to purchase any additional assets needed by the academy and to replace the existing assets when required. Part X : FIN48 Footnote The Academy follows the income tax standard regarding the recognition and measurement of uncertain tax positions. This guidance clarifies the accounting for uncertainty in income taxes recognized in an organization's financial statements. The implementation of this standard had no impact on the academy's financial statements. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Fundraising Expense $125944 Part XII, Line 2d: Other expenses and losses per audited F/S Fundraising Expense $125944 false Broadway Gala 607296 500532 106764 24024 50867 24155 10613 16285 607296 500532 106764 24024 50867 24155 10613 16285 125944 -19180 X X false false false false false false false false false Jessica Campbell Executive Dir. 147796 20000 20999 3234 192029 X 1 1250000 FMV false false false Form 990, Part VI, Section A, Line 1a The summer executive committee consists of designated board members. The summer executive committee shall be responsible for the conduct of all corporate business in accordance with the policies formulated by the board of directors. Form 990, Part VI, Section B, Line 11b The draft of Form 990 is reviewed by the finance committee to ensure that it agrees to the annual financial statements and the audited financial statements. Any questions that are raised are resolved. The Form 990 is sent to the board for their review prior to the board meeting where the acceptance of the Form 990 will be voted on. Prior to voting to accept the Form 990, a presentation is made to the board where the Form 990 is explained to the board and any questions are answered. The board approves the 990 before filing. Form 990, Part VI, Section B, Line 12c Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board or executive committee. Any director may recuse himself or herself at any time from involvement in any decision or discussion in which the director believes he or she has or may have a conflict of interest, without going through the process for determining whether a conflict of interest exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or executive committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or executive committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the board or executive committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board or executive committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or executive committee shall determine whether Fun Time Early Childhood Academy can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or executive committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in Fun Time Early Childhood Academy's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. The minutes of the board and all committees with board delegated powers shall contain the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board's or executive committee's decision as to whether a conflict of interest in fact existed, and the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings. Form 990, Part VI, Section B, Line 15a Annual review and benchmarking to comparable organizations are performed. Fun Time Early Childhood Academy has only one highly compensated employee, the executive director. All officers, board members, committee chairs and committee members are non-compensated volunteers. A compensation adjustment for the executive director is determined each fiscal year by members of the Fun Time Early Childhood Academy administrative committee. Members of this committee are board members including the chair, the secretary, the treasurer, the assistant treasurer, and the immediate past chair. This committee is charged with the responsibility "for planning and implementing a feedback and review process for the executive director, including a regular means of communication between the committee and the executive director, and to conduct in annual evaluation of the executive director". As part of this process, the executive director prepares written goals and objectives for the fiscal year ahead, and the administrative committee reviews and approves these following discussion with the executive directors. At year end, the executive director prepares a written self-performance review and the administrative committee reviews this, and following a separate discussion/feedback session with the executive director, communicates an overall view of the executive director's performance and the proposed salary performance increase for the fiscal year ahead. Subsequently, the administrative committee reviews this outcome with the board of directors. The last review was performed in 2023. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy and financial statements are made available upon request in either electronic or paper form.