EDUCARE OF OMAHA INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- EDUCARE OF OMAHA INC (EIN 80-0015385)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-03-28
- IRS object ID
- 201110879349300416
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-03-28T20:04:20-05:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEIM JOHNSON SESTAK & QUIST LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8807 INDIAN HILLS DRIVE SUITE 300 | AddressLine1 |
| City | OMAHA | City |
| State | NE | State |
| ZIP Code | 681144123 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800015385 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCARE OF OMAHA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EDUC | NameControl |
| Phone | 4028981783 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2123 PAUL STREET | AddressLine1 |
| City | OMAHA | City |
| State | NE | State |
| ZIP Code | 68102 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GLADYS HAYNES | Name |
| Title | EXEC DIRECTOR | Title |
| Phone | 4028981783 | Phone |
| Date Signed | 2011-03-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Barbara J Fajen | Name |
| Phone | 4023302660 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GLADYS HAYNES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2123 PAUL STREET | AddressLine1 |
| City | OMAHA | City |
| State | NE | State |
| ZIP Code | 68102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7344918 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.EDUCAREOMAHA.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2001 | YearFormation |
| State Legal Domicile | NE | StateLegalDomicile |
| Activity Or Mission Description | EDUCARE, A NEBRASKA NOT-FOR-PROFIT CORPORATION, WAS CREATED TO PROVIDE EDUCATIONAL & DEVELOPMENTAL PROGRAMS TO AT-RISK PRE-KINDERGARTEN CHILDREN MEETING DESIGNATED CRITERIA WITHIN THE OMAHA METROPOLITAN AREA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 161 | TotalNbrEmployees |
| Total Nbr Volunteers | 443 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4695167 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6236979 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 348415 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 338811 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3136 | InvestmentIncomePriorYear |
| Investment Income Current Year | -245268 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5046718 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6330522 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3439164 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4057446 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4336340 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5086235 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 887668 | OtherExpensePriorYear |
| Other Expenses Current Year | 800835 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8663172 | TotalExpensesPriorYear |
| Total Expenses Current Year | 9944516 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3616454 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3613994 | RevenuesLessExpensesCY |
| Total Assets BOY | 4998262 | TotalAssetsBOY |
| Total Assets EOY | 1456513 | TotalAssetsEOY |
| Total Liabilities BOY | 1075990 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 774311 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3922272 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 682202 | NetAssetsOrFundBalancesEOY |
| Mission Description | EDUCARE CENTERS ARE COMMITTED TO HELPING YOUNG CHILDREN GROW UP SAFE, HEALTHY AND EAGER TO LEARN. THROUGH A CONSORTIUM OF PARTNERS, WE CREATE, PROVIDE AND PROMOTE THE HIGHEST QUALITY OUTCOME-BASED LEARNING ENVIRONMENTS FOR FAMILIES AND THEIR CHILDREN, AGES PRENATAL TO 5 YEARS, WHO ARE AT-RISK FOR SCHOOL FAILURE.OUR PRINCIPALS AND PRACTICES ARE BASED ON CONTINUAL RESEARCH AND IMPLEMENTATION WITHIN THE FIELD OF EARLY CHILDHOOD EDUCATION. OUR CHILDREN'S SUCCESS WILL DEMONSTRATE THE SOCIETAL AND ECONOMIC VALUE OF INVESTING IN THE EARLIEST YEARS IN ORDER TO PREVENT THE NEED FOR COSTLY INTERVENTIONS LATER. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9631219 | Expense |
| Revenue | 338811 | Revenue |
| Description | PROGRAM OPERATION: OPERATE EARLY CHILDHOOD PROGRAM FOCUSING ON DEVELOPMENT OF LITERACY SKILLS AND IDENTIFICTION OF DEVELOPMENT PROBLEMS FOR CHILDREN AT RISK. LONGITUDINAL RESEARCH: RESEARCH TO DETERMINE THE VALUE OF THIS PROGRAM IN CONJUNCTION WITH THE UNIVERSITY OF NORTH CAROLINA. PARTNERSHIP BUILDING: FORM EFFECTIVE PARTNERSHIPS BETWEEN OMAHA PUBLIC SCHOOLS AND OMAHA PULIC SCHOOLS HEADSTART, AND MODEL THE PROGRAM AFTER CHICAGO'S EDUCARE PROGRAM. | Description |
| Total Program Service Expense | 9631219 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 1 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 11 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 161 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LUANN BRINKMAN | NamePerson |
| Telephone Number | 4028981783 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2123 PAUL STREET | AddressLine1 |
| City | OMAHA | City |
| State | NE | State |
| ZIP Code | 68102 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| DAN PEDERSEN | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JESSIE RASMUSSEN | |||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | ||
| JOHN MACKIEL | |||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | ||
| ISAIAH WILSON | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| TEELA RAMSEY | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| dOn erikson | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | ||
| ANA LAMAS | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| GLADYS HAYNES | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 90869 | 0 | 16992 | X | ||
| LUANN BRINKMAN | |||||||
| ACCOUNTANT | 40.00 | 43861 | 0 | 11904 | X | ||
| LAILA YASMEEN WELLS FYE 08 | |||||||
| SITE DIRECTOR | 40.00 | 0 | 0 | 0 | X | ||
| GRACIELA SHARIF FYE 08 | |||||||
| MEMBER | 1.00 | 0 | 0 | 0 | X | ||
| ERINE WEEKES FYE 08 | |||||||
| SITE DIRECTOR | 40.00 | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 134730 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 28896 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KIEWIT CORPORATION | |||||
| 1000 KIEWIT PLAZA | OMAHA | NE | 68131 | CONSTRUCTION | 2351231 |
| RDG Planning & design | |||||
| 900 FARNAM ON THE MALL SUITE 100 | OMAHA | NE | 68102 | architecture | 182448 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Government Grants | 3725727 | GovernmentGrants |
| All Other Contributions | 2511252 | AllOtherContributions |
| Total Contributions | 6236979 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PRESCHOOL TUITION | 611600 | 197032 | 197032 |
| OTHER REVENUE | 611600 | 78568 | 78568 |
| SPECIAL EDUCATION | 611600 | 63211 | 63211 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 338811 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10398 | TotalRevenueColumn |
| Exclusion | $10,398 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 758730 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1014396 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -255666 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -255666 | TotalRevenueColumn |
| Exclusion | -$255,666 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6330522 | TotalRevenueColumn |
| Related Or Exempt Function Income | 338811 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$245,268 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4057446 | Total |
| Program Services | 4057446 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 179241 | Total |
| Management And General | 179241 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4128432 | Total |
| Program Services | 4110857 | ProgramServices |
| Management And General | 17575 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44254 | Total |
| Program Services | 44254 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 326352 | Total |
| Program Services | 322267 | ProgramServices |
| Management And General | 4085 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 407956 | Total |
| Program Services | 407956 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8050 | Total |
| Management And General | 8050 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28153 | Total |
| Management And General | 28153 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73948 | Total |
| Program Services | 66598 | ProgramServices |
| Management And General | 7350 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1533 | Total |
| Program Services | 1533 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 448138 | Total |
| Program Services | 441177 | ProgramServices |
| Management And General | 6961 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9406 | Total |
| Program Services | 8708 | ProgramServices |
| Management And General | 698 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84238 | Total |
| Program Services | 66682 | ProgramServices |
| Management And General | 17556 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26230 | Total |
| Management And General | 26230 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38825 | Total |
| Program Services | 21427 | ProgramServices |
| Management And General | 17398 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17434 | Total |
| Program Services | 17434 | ProgramServices |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| BAD DEBT | 45312 | 45312 |
| MISCELLANEOUS | 13125 | 13125 |
| DUES AND SUBSCRIPTIONS | 6443 | 6443 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9944516 | Total |
| Program Services | 9631219 | ProgramServices |
| Management And General | 313297 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 268428 | BOY |
| EOY | 412017 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10584 | BOY |
| EOY | 96236 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2363218 | BOY |
| EOY | 713980 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84045 | BOY |
| EOY | 43519 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35206 | BOY |
| EOY | 38027 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 312157 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 159423 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1488113 | BOY |
| EOY | 152734 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 748668 | BOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4998262 | BOY |
| EOY | 1456513 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 485159 | BOY |
| EOY | 398603 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150000 | BOY |
| EOY | 250000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 440831 | BOY |
| EOY | 125708 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1075990 | BOY |
| EOY | 774311 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1388508 | BOY |
| EOY | 288966 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2533764 | BOY |
| EOY | 393236 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3922272 | BOY |
| EOY | 682202 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4998262 | BOY |
| EOY | 1456513 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 173982 | OtherCostOrOtherBasis |
| Depreciation | 84091 | Depreciation |
| Book Value | 89891 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 138175 | OtherCostOrOtherBasis |
| Depreciation | 75332 | Depreciation |
| Book Value | 62843 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 152734 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LINE OF CREDIT | Description |
| Amount | $125,708 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 125708 | TotalOfAmounts |
| Total Revenue | 6330522 | TotalRevenue |
| Total Expenses | 9944516 | TotalExpenses |
| Excess Or Deficit For Year | -3613994 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 373924 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 373924 | TotalAdjustments |
| Excess Or Deficit Per FS | -3240070 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 8019951 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 373924 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 1315505 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1689429 | RevenueNotRptdF990 |
| Revenue Subtotal | 6330522 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6330522 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11260021 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 1315505 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 1315505 | ExpensesNotRptdF990 |
| Expenses Subtotal | 9944516 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 9944516 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part X: | Identifier |
| Return Reference | Description of Uncertain Tax Positions Under FIN 48: | ReturnReference |
| Explanation | EDUCARE ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FASB ASC 740,INCOME TAXES. EDUCARE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT AUGUST 31, 2010, EDUCARE HAD NO UNCERTAIN TAX POSITIONS ACCRUED. | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | ALL PROGRAM MATERIALS AND REGISTRATION MATERIALS PROVIDED TO STUDENTS AND PARENTS INCLUDE EDUCARE'S RACIALLY NONDISCRIMINATORY POLICY. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | EDUCARE OF OMAHA, INC. IS LARGELY SUPPORTED BY GOVERNMENT GRANTS. THE GRANTS RECEIVED DURING THE FISCAL YEAR ENDED 08/31/10 ARE DETAILED ON SCHEDULE B. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| OMAHA SCHOOLS FOUNDATION | |||||||
| 3215 CUMING STREET | OMAHA | NE | 68131 | 363301526 | 501(C)(3) | 2724169 | FOR THE CONSTRUCTION PROJECT OF AN EARLY CHILDHOOD EDUCATION FACILITY |
| DOUGLAS COUNTY SCHOOL DISTRICT #0001 | |||||||
| 3215 CUMING STREET | OMAHA | NE | 68131 | 476002629 | DOUGLAS CNTY NE | 1333277 | FOR THE CONSTRUCTION PROJECT OF AN EARLY CHILDHOOD EDUCATION FACILITY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: DURING 2009, THE DOUGLAS COUNTY SCHOOL DISTRICT #0001 ENTERED INTO AN AGREEMENT WITH EDUCARE OF OMAHA, INC. AND THE BUFFET EARLY CHILDHOOD FUND WHEREAS EDUCARE AND THE BUFFETT EARLY CHILDHOOD FUND AGREED TO COOPERATE WITH THE DOUGLAS COUNTY SCHOOL DISTRICT #0001 TO CREATE AN EARLY CHILDHOOD EDUCATION FACILITY. IN THE AGREEMENT, EDUCARE AND THE BUFFETT EARLY CHILDHOOD FUND HAVE AGREED TO PAY FOR THE COSTS OF THE CONSTRUCTION OF THE PROJECT. CONSTRUCTION COSTS FOR THE PROJECT ARE PAID AND ACCOUNTED FOR BY EDUCARE, WHICH IS HOW EDUCARE VERIFIES HOW ITS GRANT FUNDS ARE SPENT. IN 2010 THE CONSTRUCTION OF THE EARLY CHILDHOOD FACILITY WAS COMPLETED. | Explanation |
Schedule N IRS990ScheduleN
Disposition Table DispositionTable (2 entries)
| Description Of AssetDescriptionOfAsset | Date Of DistributionDateOfDistribution | FMV Of AssetFMVOfAsset | Method Of FMV DeterminationMethodOfFMVDetermination | EINEIN | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | IRC SectionIRCSection |
|---|---|---|---|---|---|---|---|---|---|
| DOUGLAS COUNTY SCHOOL DISTRICT #0001 | |||||||||
| EARLY CHILDHOOD EDUCATION FACILITY - BUILDING | 2010-08-31 | 1333277 | ACTUAL COSTS INCURRED BY EDUCARE OF OMAHA, INC. | 476002629 | 3215 CUMING STREET | OMAHA | NE | 68131 | GOVERNMENTAL ENTITY: DOUGLAS COUNTY NE |
| OMAHA SCHOOLS FOUNDATION | |||||||||
| CAPITAL CAMPAIGN FUNDS | 2010-08-26 | 2724169 | TOTAL FUNDS TRANSFERRED. | 363301526 | 3215 CUMING STREET | OMAHA | NE | 68131 | 501(C)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | 0 | DirectorOfSuccessor2 |
| Employee Of Successor2 | 0 | EmployeeOfSuccessor2 |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2 |
| Receive Compensation2 | 0 | ReceiveCompensation2 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 2 | A BUSINESS RELATIONSHIP EXISTS BETWEEN JESSIE RASMUSSEN, THE BOARD PRESIDENT, AND DAN PEDERSEN, HONORARY BOARD MEMBER. BOTH JESSIE AND DAN ARE DIRECTORS AND KEY EMPLOYEES OF BUFFETT EARLY CHILDHOOD FUND. |
| Form 990, Part VI, Section B, line 11 | The tax department of the CPA firm that does the Educare of Omaha, Inc's. year-end audit reviews the Form 990 tax return prior to filing. The Educare accountant prepares and completes the Form 990. A draft of the Form 990 will be submitted to Educare to be reviewed by the executive director and accountant. After a thorough review by CPA firm, Educare executive director and accountant, The FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. |
| Form 990, Part VI, Section B, line 12c | THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED AND SIGNED AT A MEETING OF THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR KEEPING THE POLICY ON FILE. |
| Form 990, Part VI, Section B, line 15 | An established salary scale for employees is used. Compensation is related to degrees, job experience and years on the job. Management reviews and takes a cost of living adjustment (COLA) to the board of directors in September. Head Start and Early Head Start COLA can be announced anytime. If Head Start and Early Head Start ARE higher, the difference is paid out if less than cost with pre-determined amount. |
| Form 990, Part VI, Section C, line 19 | Governing documents are on file and made available to public and potential funders upon request or as needed. Conflict of interest policy is identified in financial policies and procedures employee handbook and is made available to the public upon request. Financial statements and the audit report ARE submitted to the audit clearinghouse on-line. The board is presented with an end of year report or annual report by the executive director. |
| THE ENTIRE BOARD OF DIRECTORS IS THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF EDUCARE'S FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS IS ALSO THE COMMITTEE INVOLVED IN THE SELECTION OF THE INDEPENDENT ACCOUNTANT. |