Totals
- Total revenue
- $12,092,400
- Total expenses
- $12,536,825
- Contributions and grants received
- $1,044,948
- Grants paid
- $207,241
- Program service revenue
- $10,951,069
- Investment income
- $61,335
- Other revenue
- $35,048
- Total assets, end of year
- $3,135,514
- Total liabilities, end of year
- $385,753
- Net assets or fund balances, end of year
- $2,749,761
- Program services expenses (Part IX)
- $10,957,371
- Management and general expenses
- $1,579,454
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $10,957,371
Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$883,559
-
1f · All other contributions, gifts and grants
$161,389
-
2a · Program service revenue: Early Childhood Fees
total $10,951,069 · related or exempt $10,951,069
-
3 · Investment income
total $61,335 · excluded $61,335
-
11a · Other revenue: Other Income
total $30,261 · excluded $30,261
-
11b · Other revenue: Accreditation Reimbursement
total $4,787 · related or exempt $4,787
-
11e · Other revenue, total
$35,048
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $207,241 · program services $207,241
-
5 · Compensation of officers, directors and key employees
total $174,005 · program services $31,616 · management and general $142,389
-
7 · Other salaries and wages
total $8,192,251 · program services $7,403,457 · management and general $788,794
-
9 · Other employee benefits
total $532,915 · program services $480,639 · management and general $52,276
-
10 · Payroll taxes
total $639,287 · program services $568,639 · management and general $70,648
-
11b · Fees: legal
total $14,344 · management and general $14,344
-
11c · Fees: accounting
total $112,686 · management and general $112,686
-
11g · Fees: other
total $39,816 · program services $12,436 · management and general $27,380
-
12 · Advertising and promotion
total $105,713 · management and general $105,713
-
13 · Office expenses
total $953,729 · program services $909,537 · management and general $44,192
-
14 · Information technology
total $60,963 · program services $54,867 · management and general $6,096
-
16 · Occupancy
total $1,013,333 · program services $912,000 · management and general $101,333
-
17 · Travel
total $12,034 · management and general $12,034
-
19 · Conferences, conventions and meetings
total $3,313 · program services $3,313
-
22 · Depreciation, depletion and amortization
total $100,174 · program services $90,157 · management and general $10,017
-
23 · Insurance
total $220,376 · program services $198,338 · management and general $22,038
-
24a · Other expenses: Loss on Disposal
total $38,370 · management and general $38,370
-
24b · Other expenses: License/Accreditation
total $37,954 · program services $37,954
-
24c · Other expenses: Staff Recruitment
total $30,735 · management and general $30,735
-
24d · Other expenses: Field Trips
total $23,549 · program services $23,549
-
24e · All other expenses
total $24,037 · program services $23,628 · management and general $409
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $892,078 · end of year $361,488
-
2 · Savings and temporary cash investments
beginning of year $552,425 · end of year $1,349,394
-
4 · Accounts receivable
beginning of year $75,039 · end of year $193,706
-
10a · Land, buildings and equipment: cost or other basis
$1,599,866
-
10b · Land, buildings and equipment: accumulated depreciation
$482,352
-
10c · Land, buildings and equipment, net
beginning of year $1,086,731 · end of year $1,117,514
-
11 · Investments: publicly traded securities
beginning of year $1,035,311
-
15 · Other assets
beginning of year $129 · end of year $113,412
-
17 · Accounts payable and accrued expenses
beginning of year $447,970 · end of year $272,341
-
25 · Other liabilities
beginning of year $0 · end of year $113,412
-
27 · Net assets without donor restrictions
beginning of year $3,193,743 · end of year $2,749,761
Mission and programs · 2024
Mission
Lake Area Discovery Center (LADC), as part of the early childhood community, seeks to support parents and children through a creative environment that promotes and teaches Christian values, honors diversity, and fosters fellowship within the greater community.
-
Offered full enrollment for the purpose of providing infant care, pre-kindergarten education, providing scholarships to families who otherwise would not be able to receive a pre-kindergarten education, and offered family nights 51 times per year. Over 1,000 students were served throughtout the year at eighteen locations.
Expenses $10,957,371 · Grants $207,241 · Revenue $10,955,856
As filed on the 2024 return.
Listed in Part VII
-
Janet Miller
Executive Director
- Total calculated
- $158,080
- From this org
- $148,482
- From related orgs
- $0
- Other
- $9,598
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,482
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,598
- Filer's total
- $158,080
-
Valerie Anderson
Business Administrator
- Total calculated
- $15,925
- From this org
- $15,925
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Linda Friesen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Susan Oberman Smith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Karla Gergen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tim Maly
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Bob Eiselt
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Ginger Vance
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jim Weiland
Finance Chair
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600909349301375
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