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Nonprofit · EIN 65-0405988

FORTY CARROTS OF SARASOTA INC

Tax-exempt · SARASOTA, FL 34239

Financials

$7.2M$4M2023$5.5M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of FORTY CARROTS OF SARASOTA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$5,487,451$4,558,142$929,309$14,144,413$456,932$13,687,481
May 31, 2024990$7,185,449$4,026,242$3,159,207$13,032,974$397,748$12,635,226
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$3,902,358
of which government grants
$260,558
Program service revenue
$1,444,483
Investment income
$173,319
Net gain from sales of assets
$116
Net income from fundraising events
-$32,709
Other revenue
-$32,709

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$355,233
Other salaries and wages
$2,744,482
Salaries, compensation and benefits (total)
$3,609,426
Professional fundraising fees
$0
Accounting fees
$14,530
Occupancy
$198,107
Travel
$13,671
Depreciation
$244,586
Program services (functional)
$3,764,550
Management and general (functional)
$269,339
Fundraising (functional)
$524,253

Balance sheet and other

Total assets, start of year
$13,032,974
Total assets, end of year
$14,144,413
Total liabilities, end of year
$456,932
Net assets, end of year
$13,687,481
Land, buildings and equipment
$7,021,203
Publicly traded securities
$2,234,568
Net assets without donor restrictions
$12,097,041
Net assets with donor restrictions
$1,590,440
Gross receipts
$5,846,843
Employees
70
Volunteers
210
Year formed
1993
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHELLE KAPREILIANCHIEF EXECUTIVE OFFICER
Officer
40$191,699$13,126
DIANE O'DRISCOLLCHIEF FINANCIAL OFFICER
Officer
40$139,160$11,249
CARLA FIGUEIREDO JOHANNSCHIEF PROGRAM OFFICER
Highest-paid employee
40$114,176$9,243
BENJAMIN JONESCHAIR
Trustee or director, Officer
5$0$0
DAWN DOUGHTYSecretary
Trustee or director, Officer
5$0$0
VALERIE DALL'ACQUATREASURER
Trustee or director, Officer
5$0$0
ALAN ROSSTRUSTEE
Trustee or director
5$0$0
BOB LEWANDOWSKITRUSTEE
Trustee or director
5$0$0
BRIAN VOLNERTRUSTEE
Trustee or director
5$0$0
CHRIS JARMULTRUSTEE
Trustee or director
5$0$0
ERIC KAPLANTRUSTEE
Trustee or director
5$0$0
Hal JohnsonTRUSTEE
Trustee or director
5$0$0
JACKIE GRIESETRUSTEE
Trustee or director
5$0$0
JAG GREWALTRUSTEE
Trustee or director
5$0$0
JEFF STEINWACHSTRUSTEE EMERITUS
Trustee or director
5$0$0
9 more people on this return
NameTitleHours / weekCompensation
JOLEEN SEARLESTRUSTEE
Trustee or director
5$0
KARIMU HILL-HARVEYTRUSTEE
Trustee or director
5$0
KEVIN COOPERTRUSTEE
Trustee or director
5$0
KEVIN STENCIKTRUSTEE
Trustee or director
5$0
KIM GITHLERTRUSTEE EMERITUS
Trustee or director
5$0
MONICA VANBUSKIRKTRUSTEE
Trustee or director
5$0
SUSAN SAKHAITRUSTEE
Trustee or director
5$0
SUSAN TRAVERSTRUSTEE
Trustee or director
5$0
TAMMIE SANDOVAL-BADGERTRUSTEE
Trustee or director
5$0
990 for the year ended May 31, 2024: 23 people
NameTitleHours / weekCompensationOther / benefits
MICHELLE KAPREILIANCEO
Officer
40$160,200$13,433
DIANE O'DRISCOLLCFO
Officer
40$127,834$10,964
CARLA FIGUEIREDO JOHANNSCPO
Highest-paid employee
40$117,350$3,520
SUSAN TRAVERSCHAIR
Trustee or director, Officer
5$0$0
VALERIE DALL'ACQUATREASURER
Trustee or director, Officer
5$0$0
TAMMIE SANDOVAL-BADGERSECRETARY
Trustee or director, Officer
5$0$0
JAG GREWALTRUSTEE
Trustee or director
5$0$0
SUSAN SAKHAITRUSTEE
Trustee or director
5$0$0
KEVIN COOPERTRUSTEE
Trustee or director
5$0$0
JOLEEN SEARLESTRUSTEE
Trustee or director
5$0$0
KARIMU HILL-HARVEYTRUSTEE
Trustee or director
5$0$0
KEVIN STENCIKTRUSTEE
Trustee or director
5$0$0
CHRIS JARMULTRUSTEE
Trustee or director
5$0$0
MONICA VAN BUSKIRKTRUSTEE
Trustee or director
5$0$0
BRIAN VOLNERTRUSTEE
Trustee or director
5$0$0
DAWN DOUGHTYTRUSTEE
Trustee or director
5$0$0
JACKIE GRIESETRUSTEE
Trustee or director
5$0$0
ERIC KAPLANTRUSTEE
Trustee or director
5$0$0
BOB LEWANDOWSKITRUSTEE
Trustee or director
5$0$0
ALAN ROSSTRUSTEE
Trustee or director
5$0$0
BEN JONESTRUSTEE
Trustee or director
5$0$0
KIM GITHLERTRUSTEE EMERITUS
Trustee or director
5$0$0
JEFF STEINWACHSTRUSTEE EMERITUS
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
1500 S TUTTLE AVE, SARASOTA, FL 34239-2615
Principal officer (990 for 2024)
Michelle Kapreilian, 1500 South Tuttle Avenue, Sarasota, FL 34239
Signed the 990
Michelle Kapreilian, CEO
Phone
(941) 365-7716
Return prepared by
Mauldin & Jenkins LLC

Mission

FORTY CARROTS FAMILY CENTER'S MISSION IS TO NURTURE HEALTHY CHILD AND FAMILY DEVELOPMENT THROUGH RESEARCH-BASED, RELATIONSHIP-CENTERED EDUCATION AND MENTAL HEALTH SERVICES.

990 for the year ended May 31, 2025

Program accomplishments

  • FORTY CARROTS PRESCHOOL THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) ACCREDITED PRESCHOOL PARTNERS WITH FAMILIES TO HELP PREPARE YOUNG CHILDREN FOR FUTURE SUCCESS. KNOWN FOR ITS DEVELOPMENTALLY APPROPRIATE APPROACH TO TEACHING, FORTY CARROTS UNDERSTANDS THAT CHILDREN DEVELOP IN MANY WAYS - PHYSICALLY, SOCIALLY, EMOTIONALLY, IN LANGUAGE AND LITERACY, AND IN COGNITIVE SKILLS. WITH LOW TEACHER TO STUDENT RATIOS, TEACHERS SUPPORT STUDENTS THROUGH SMALL AND LARGE GROUP EXPERIENCES THAT BUILD ON CHILDREN'S LEARNING. CHILDREN ARE ENCOURAGED TO LEARN THROUGH PLAY, EXPLORATION, AND DISCOVERY. FORTY CARROTS PRESCHOOL STUDENTS GRADUATE WITH THE SKILLS AND KNOWLEDGE NECESSARY FOR SUCCESS IN KINDERGARTEN AND IN LIFE.
    Expenses $1,632,441 · revenue $1,178,981
  • MENTAL HEALTH PROGRAM THIS PROGRAM PROVIDES A WIDE RANGE OF MENTAL HEALTH SERVICES INCLUDING INDIVIDUAL, GROUP, AND FAMILY THERAPY AT FORTY CARROTS AND AT PARTNER LOCATIONS. IN-PERSON AND VIRTUAL OPTIONS HELP TO ELIMINATE BARRIERS TO TREATMENT, MAKING SERVICES EFFICIENT AND EFFECTIVE FOR THESE TARGET POPULATIONS: STUDENTS AT TITLE 1 ELEMENTARY SCHOOLS, MOTHERS AND CHILDREN SEEKING SHELTER AS A RESULT OF DOMESTIC VIOLENCE, PARENTS TRANSITIONING FROM HOMELESSNESS, SURVIVORS OF SEX AND HUMAN TRAFFICKING, FAMILIES OF CHILDREN WITH A CANCER DIAGNOSIS, ANY CHILD/FAMILY WITH A SELF-IDENTIFIED MENTAL HEALTH CONCERN. 92% OF CLIENTS RECEIVE SERVICES AT NO OR LOW COST.
    Expenses $1,075,426 · revenue $225,822
  • PARENTING EDUCATION PROGRAM FORTY CARROTS BELIEVES THAT ALL FAMILIES SHOULD HAVE ACCESS TO PARENTING EDUCATION, A PREVENTION MEASURE LINKED BY RESEARCH TO REDUCE THE ABUSE AND NEGLECT OF CHILDREN. THE PARENTING EDUCATION PROGRAM WORKS THROUHGOUT THE COMMUNITY STRIVING TO REACH AS MANY FAMILIES FROM ALL WALKS OF LIFE AS POSSIBLE. THROUGH PARTNERSHIP WITH OTHER COMMUNITY ORGANIZATIONS, FORTY CARROTS PROVIDES PARENTING EDUCATION TO OUR COMMUNITY'S MOST AT-RISK FAMILIES, INCLDUING TEEN PARENTS, COURT-ORDERED FAMILIES IN CRISIS, PREGNANT WOMEN RECOVERING FROM SUBSTANCE USE DISORDER, AND HOMELESS FAMILIES. THESE ARE JUST SOME OF THE VULNERABLE CLIENTS WHO RECEIVED ESSENTIAL INFORMATION, SKILLS, AND SUPPORT WEEKLY THROUGH THIS VITAL PROGRAM. THE PROGRAM CONSISTENTLY ACHIEVES 100% OF ITS OUTCOME GOALS. 97% OF CLIENTS IN THE PROGRAM RECEIVE SERVICES AT NO COST.
    Expenses $1,056,683 · revenue $39,680

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
65-0405988
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,144,413
Income (IRS master file)
$5,846,843

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$5,487,451$4,558,142$14,144,413IRS
990May 2024$7,185,449$4,026,242$13,032,974XML
990May 2023$6,013,560$3,398,178$10,292,606IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-0405988).

Questions about FORTY CARROTS OF SARASOTA INC

What is the EIN of FORTY CARROTS OF SARASOTA INC?
The employer identification number (EIN) of FORTY CARROTS OF SARASOTA INC is 65-0405988.
Is FORTY CARROTS OF SARASOTA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to FORTY CARROTS OF SARASOTA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FORTY CARROTS OF SARASOTA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FORTY CARROTS OF SARASOTA INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORTY CARROTS OF SARASOTA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of FORTY CARROTS OF SARASOTA INC?
The 990 for the year ended May 31, 2025 names Michelle Kapreilian.
Who are the officers and directors of FORTY CARROTS OF SARASOTA INC?
The 990 for the year ended May 31, 2025 lists 24 people; 3 received compensation from the organization, the highest $191,699 (MICHELLE KAPREILIAN, CHIEF EXECUTIVE OFFICER).
How much revenue does FORTY CARROTS OF SARASOTA INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $5,487,451, expenses of $4,558,142 and total assets of $14,144,413 at year end.

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