Hlf Inc
Nonprofit profile at a glance
- EIN
- 742546765
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Fort Collins, CO, USA
- Phone
- 9706139127
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $29,909
- Expenses
- $130,661
- Assets
- $0
- Liabilities
- $38,267
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JOAN FETTERS (PRESIDENT)
- RICK FETTERS (VICE PRESIDENT)
People named in this filing
- TROY FETTERS (TREASURER/GENERAL MANAGER)
- JESSICA FETTERS (MEMBER/HR MANAGER)
- JOAN FETTERS (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It is the mission of hlf, inc. To develop the full potential in every child by providing outstanding early childhood care and education and recognizing each child's unique qualities. The goal is to provide a safe, loving, and nurturing environment for the children in our care and to support families through strong partnerships.
What it reported doing in 2024
H.l.f., inc. D/b/a the children's workshop early learning centers has provided high quality, affordable child care and education to over 650 children at five separate locations. The child and adult care food program (cacfp) was a vital part of the program offering each participant nutritious meals and snacks; and promoting good eating habits and exercise. The children's workshop early learning centers offered parenting classes and provided numerous opportunities for parents to be involved. In 2023, h.l.f., inc ceased conducting childcare and education services to all five locations and is in the process of winding up operations and selling the program to an unrelated childcare operation.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 3
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 51.4%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -336.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 27.6%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.8% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: -5.1% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 51.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 6/100.