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Nonprofiteer
← LACRECHE EARLY CHILDHOOD CENTERS INC

Form 990 for tax year 2023

Filed by LACRECHE EARLY CHILDHOOD CENTERS INC.

Totals

Total revenue
$1,892,553
Total expenses
$1,723,364
Contributions and grants received
$131,135
Grants paid
$0
Program service revenue
$1,678,287
Investment income
$3,627
Other revenue
$79,504
Total assets, end of year
$1,067,713
Total liabilities, end of year
$73,997
Net assets or fund balances, end of year
$993,716
Program services expenses (Part IX)
$1,280,868
Management and general expenses
$442,496
Fundraising expenses
$0
Program service expenses (Part III)
$1,280,868

Program services were 74.3% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $119,194

  • 1f · All other contributions, gifts and grants

    $11,941

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Childcare Fees

    total $1,669,487 · related or exempt $1,669,487 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Parent Fees

    total $8,800 · related or exempt $8,800 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,627 · related or exempt $0 · unrelated business $0 · excluded $3,627

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $10,000 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $10,000 · personal property $0

  • 6d · Net rental income or loss

    total $10,000 · related or exempt $10,000 · unrelated business $0 · excluded $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11a · Other revenue: Insurance Proceeds

    total $69,459 · related or exempt $0 · unrelated business $0 · excluded $69,459

  • 11b · Other revenue: Miscellanous

    total $45 · related or exempt $45 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $69,504

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $162,413 · program services $0 · management and general $162,413 · fundraising $0

  • 7 · Other salaries and wages

    total $639,200 · program services $557,881 · management and general $81,319 · fundraising $0

  • 8 · Pension plan contributions

    total $3,696 · program services $2,070 · management and general $1,626 · fundraising $0

  • 9 · Other employee benefits

    total $53,524 · program services $45,526 · management and general $7,998 · fundraising $0

  • 10 · Payroll taxes

    total $64,925 · program services $45,772 · management and general $19,153 · fundraising $0

  • 11c · Fees: accounting

    total $24,530 · program services $0 · management and general $24,530 · fundraising $0

  • 11g · Fees: other

    total $172,316 · program services $140,640 · management and general $31,676 · fundraising $0

  • 12 · Advertising and promotion

    total $1,714 · program services $0 · management and general $1,714 · fundraising $0

  • 13 · Office expenses

    total $165,459 · program services $127,255 · management and general $38,204 · fundraising $0

  • 16 · Occupancy

    total $183,644 · program services $146,916 · management and general $36,728 · fundraising $0

  • 17 · Travel

    total $93,841 · program services $79,543 · management and general $14,298 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $47,216 · program services $47,216 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $47,841 · program services $38,273 · management and general $9,568 · fundraising $0

  • 23 · Insurance

    total $21,379 · program services $17,968 · management and general $3,411 · fundraising $0

  • 24a · Other expenses: Education Expenses

    total $31,808 · program services $31,808 · management and general $0 · fundraising $0

  • 24b · Other expenses: Gifts

    total $6,713 · program services $0 · management and general $6,713 · fundraising $0

  • 24c · Other expenses: Dues & Subscriptions

    total $3,095 · program services $0 · management and general $3,095 · fundraising $0

  • 24e · All other expenses

    total $50 · program services $0 · management and general $50 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $247,473 · end of year $17,001

  • 2 · Savings and temporary cash investments

    beginning of year $221,570 · end of year $451,651

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $4,667

  • 4 · Accounts receivable

    beginning of year $91,227 · end of year $253,093

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,788 · end of year $17,785

  • 10a · Land, buildings and equipment: cost or other basis

    $1,581,525

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,258,462

  • 10c · Land, buildings and equipment, net

    beginning of year $295,306 · end of year $323,063

  • 15 · Other assets

    beginning of year $2,684 · end of year $453

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,837 · end of year $73,544

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,684 · end of year $453

  • 27 · Net assets without donor restrictions

    beginning of year $824,527 · end of year $993,716

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

To operate daycare service programs for children up to 12 years of age in low to moderate income families.

Activities or mission (Part I)

As an early care and education center, our mission is to move children from a level of dependence to a level of independence. We provide a variety of experiences and encourage self-respect, self-reliance, self-initiated activities and a sense of responsibility for one's actions. In order to provide an atmosphere for educational growth, our curriculum emphasizes positive self-identity, cognitive skills, language arts, and small gross motor skills. Our facilities are clean, bright, cheerful, safe and fully equipped to stimulate each child's creativity. We stress the total enrichment and depth of experience of each child. Children are encouraged to develop a sense of "self" as "learner", to ask questions, to observe, and to search for answers.

  • To provide childcare services for low to moderate income families, ages 6 weeks to 12 years old, and to promote school readiness by assisting parents in meeting the developmental needs of their children.

    Expenses $1,280,868 · Revenue $1,678,692

As filed on the 2023 return.

Listed in Part VII

  • Phyllis Sloan

    Executive Director

    Total calculated
    $118,637
    From this org
    $108,345
    From related orgs
    $0
    Other
    $10,292
    Hours/week
    40

  • Jo Wanner

    Accountant

    Total calculated
    $43,776
    From this org
    $43,776
    From related orgs
    $0
    Other
    $0
    Hours/week
    17

  • Gretchen Hengemuhle

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Cal Christensen

    Board Treasurer

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202433209349317358

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