2023-12-14T16:06:12-08:00 2023-06-30 591362099 Rogers Wood Hill Starman & Gustason PA 2375 Tamiami Trail North Suite 110 Naples FL 34103 990 2022-07-01 591039978 Fun Time Early Childhood Academy Inc FUNT 2392618284 102 12th St N Naples FL 34102 Karen Lutz Treasurer 2023-12-14 true Karen Lutz 999009999 true Sean M Nolan CPA P00837447 2392621040 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 102 12th St N Naples FL 34102 3023531 false X www.funtimeacademy.org X 1962 FL To provide education and care for the children of low-income working families. 13 13 34 28 0 1333152 1971873 559551 821059 90160 157194 -10148 -49514 1972715 2900612 0 0 1238966 1558314 0 164468 531701 692157 1770667 2250471 202048 650141 5950586 6956899 167415 106822 5783171 6850077 X Please refer to Schedule O for a more detailed description of our mission. false false 1857551 821059 Fun time provides a high-quality early childhood learning environment. The children are taught by teachers with early childhood education degrees and credentials. Voluntary pre-kindergarten is offered to all children at fun time the year prior to them entering kindergarten, and head start is available to income-eligible families.Fun time educates 175 children from age two to pre-kindergarten. Full breakfast, lunch and snack are served free of charge to all children. Fun time is open five days a week from 7:30 a.m. to 5:30 p.m. to accommodate working families year round. 1857551 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 false false false false false false false false false true 5 0 true 34 false false false false false false false false 0 false false false false false false false X 13 13 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 133208 0 29857 Ann Olson Past Chair 2.00 0.00 X 0 0 0 Kris Pfaehler Chairman 10.00 0.00 X X 0 0 0 Karen Hopper Secretary 5.00 0.00 X X 0 0 0 Karen Lutz Treasurer 5.00 0.00 X X 0 0 0 Darrell Balmer Asst. Treasurer 5.00 0.00 X X 0 0 0 Alexis Barkis Director 2.00 0.00 X 0 0 0 Linda B Carter 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 Fran O'Sullivan 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 133208 29857 1 false true false 0 566609 201157 1204107 1971873 Childcare Fees 624410 277825 277825 Tuition Assistance 624410 543234 543234 821059 79037 79037 0 0 0 78157 78157 78157 78157 48751 566609 122919 -74168 -74168 0 0 Miscellaneous Revenue 900099 24654 24654 24654 2900612 821059 107680 0 0 0 0 163065 143497 16307 3261 0 1058747 931697 105875 21175 245696 211298 27027 7371 0 90806 79910 9080 1816 0 0 17941 1615 15967 359 0 0 10372 10372 116276 103165 11026 2085 0 29512 28036 1476 0 0 10528 9475 1053 0 0 0 153 138 15 0 82770 74493 8277 37092 33383 3709 Fundraising Expense 128401 128401 Supplies 124091 118882 5209 Repairs and Maintenance 87197 78477 8720 Utilities 25662 23096 2566 22162 20389 1773 2250471 1857551 228452 164468 426480 489313 294227 408301 0 37666 50707 0 0 0 0 30827 47499 2610490 1184413 1480118 1426077 0 0 0 0 3681268 4535002 5950586 6956899 167415 96037 10785 167415 106822 X 5325375 6408396 457796 441681 5783171 6850077 5950586 6956899 650141 416765 X false true X true false X 1026485 1020038 1361179 1333152 1971873 6712727 0 0 1026485 1020038 1361179 1333152 1971873 6712727 0 6712727 71083 62696 73645 68098 79037 354559 0 1435 61529 4714 5142 24654 97474 7164760 0.93690 0.86010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3234355 300000 548251 4082606 3867524 -584844 48325 3234355 2881740 1002579 16795 3867524 2659490 250000 -11929 15823 2881740 2569083 108235 17828 2659490 1.00000 true false false 2140791 801714 1339077 469699 382699 87000 1426077 Beneficial Interests in Assets Held By O 4082605 Capital Land Lease 441681 Right of Use Assets - Net Financing 10716 4535002 Lease Obligations - Financing 10785 10785 X 3307005 416765 416765 2890240 10372 10372 2900612 2240099 2240099 10372 10372 2250471 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. false Broadway Gala 615360 566609 48751 24604 58210 1978 7908 30219 615360 566609 48751 24604 58210 1978 7908 30219 122919 -74168 false false false false false false false false false Jessica Campbell Executive Dir. 133208 24965 4892 163065 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. Form 990, Part III, Line 1, Description of Organization Mission: The mission of Fun Time Early Childhood Academy is to provide safe, quality, affordable education and care for children and parents from low-income working families and to prepare the children for kindergarten, ready to read and ready to learn! Fun Time is nationally accredited and has been awarded the gold seal of excellence from the Florida department of children and families. Fun Time is certified as a voluntary pre-kindergarten provider as well as being a national head start provider. Fun Time has satisfied the requirements of the early learning coalition of southwest Florida and is an approved school readiness provider. Fun Time has obtained proven results on the kindergarten readiness test which shows that Fun Time is achieving its mission!