Totals
- Total revenue
- $1,649,069
- Total expenses
- $1,369,754
- Contributions and grants received
- $182,925
- Grants paid
- $0
- Program service revenue
- $1,466,144
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $7,114,265
- Total liabilities, end of year
- $6,682,735
- Net assets or fund balances, end of year
- $431,530
- Program services expenses (Part IX)
- $1,350,104
- Management and general expenses
- $19,650
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,350,104
Program services were 98.6% 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)
$182,751
-
1f · All other contributions, gifts and grants
$174
-
2a · Program service revenue: CHILDCARE
total $1,428,548 · related or exempt $1,428,548
-
2b · Program service revenue: BUILDING RENT
total $37,596 · related or exempt $37,596
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $745,009 · program services $745,009
-
10 · Payroll taxes
total $66,429 · program services $66,429
-
11c · Fees: accounting
total $24,438 · program services $4,788 · management and general $19,650
-
12 · Advertising and promotion
total $6,617 · program services $6,617
-
13 · Office expenses
total $7,803 · program services $7,803
-
14 · Information technology
total $5,564 · program services $5,564
-
16 · Occupancy
total $116,344 · program services $116,344
-
20 · Interest
total $165,175 · program services $165,175
-
22 · Depreciation, depletion and amortization
total $72,851 · program services $72,851
-
23 · Insurance
total $10,463 · program services $10,463
-
24a · Other expenses: SCHOOL LUNCHES
total $85,871 · program services $85,871
-
24b · Other expenses: SUPPLIES
total $44,425 · program services $44,425
-
24c · Other expenses: FIELD TRIPS
total $8,105 · program services $8,105
-
24d · Other expenses: TRAINING
total $6,845 · program services $6,845
-
24e · All other expenses
total $3,815 · program services $3,815
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $196,527 · end of year $403,174
-
4 · Accounts receivable
beginning of year $5,911 · end of year $52,868
-
9 · Prepaid expenses and deferred charges
beginning of year $4,022 · end of year $33,060
-
10a · Land, buildings and equipment: cost or other basis
$4,810,469
-
10b · Land, buildings and equipment: accumulated depreciation
$72,851
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $4,737,618
-
15 · Other assets
beginning of year $82,301 · end of year $1,887,545
-
17 · Accounts payable and accrued expenses
beginning of year $58,645 · end of year $67,438
-
24 · Unsecured notes and loans payable
end of year $4,703,212
-
25 · Other liabilities
beginning of year $82,301 · end of year $1,912,085
-
27 · Net assets without donor restrictions
beginning of year $144,779 · end of year $428,294
-
28 · Net assets with donor restrictions
beginning of year $3,036 · end of year $3,236
Mission and programs · 2024
Mission
STARS EARLY LEARNING ACADEMY IS A HIGH QUALITY LICENSED DAYCARE CENTER WHOSE MAIN PURPOSE IS TO SERVE THE COMMUNITY BY PROVIDING CHILDCARE FOR INFANTS, TODDLERS, PRESCHOOLERS, AND SCHOOL-AGED CHILDREN, FROM THE AGE OF 6 WEEKS TO 12 YEARS OLD.
Activities or mission (Part I)
A LICENSED DAYCARE CENTER SERVING THE COMMUNITY BY PROVIDING CHILDCARE FOR INFANTS THROUGH SCHOOL-AGED CHILDREN.
-
STARS EARLY LEARNING ACADEMY IS A HIGH QUALITY LICENSED DAYCARE CENTER WHOSE MAIN PURPOSE IS TO SERVE THE COMMUNITY BY PROVIDING CHILDCARE FOR INFANTS, TODDLERS, PRESCHOOLERS, AND SCHOOL-AGED CHILDREN, FROM THE AGE OF 6 WEEKS TO 12 YEARS OLD.
Expenses $1,350,104 · Revenue $1,466,144
As filed on the 2024 return.
Listed in Part VII
-
Lynn PetersonLYNN PETERSON
FOUNDER
- Total calculated
- $0
- Hours/week
- 1
-
Alyssa HeimALYSSA HEIM
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jenna McInnisJENNA MCINNIS
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 0
-
Melissa HansenMELISSA HANSEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
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
- 2024
- Filed
- 13 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600139349302200
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