Lakes Region Child Care Svc Inc is located in Laconia, NH. The organization was established in 1969. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2018, Lakes Region Child Care Svc Inc employed 65 individuals. Lakes Region Child Care Svc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Lakes Region Child Care Svc Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY AFFORDABLE CHILD CARE IN A SUPPORTIVE AND EDUCATIONAL ENVIRONMENT FOR CHILDREN FROM 6 WEEKS TO AGE 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKES REGION CHILD CARE SERVICES (LRCCS) PROVIDES QUALITY, ACCESSIBLE CHILD CARE FOR CHILDREN 6 WEEKS TO 12 YEARS, IN 8 LICENSED PLUS PROGRAMS IN CENTRAL NH. LRCCS PROVIDES OVER 56,000 DAYS OF CARE AND 110,000 MEALS AND SNACKS ANNUALLY TO OVER 420 CHILDREN FROM 28 NH TOWNS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marti Ilg Executive Di | Officer | 40 | $82,497 |
Mike Moyer President | OfficerTrustee | 2 | $0 |
Doreen Worthley Treasurer | OfficerTrustee | 2 | $0 |
Sandra Mcgonagle Vice Preside | OfficerTrustee | 2 | $0 |
Kathrine Lacey Secretary | OfficerTrustee | 2 | $0 |
Dr Tonya Warren Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $95,948 |
All other contributions, gifts, grants, and similar amounts not included above | $133,698 |
Noncash contributions included in lines 1a–1f | $117,836 |
Total Revenue from Contributions, Gifts, Grants & Similar | $229,646 |
Total Program Service Revenue | $1,561,207 |
Investment income | $1,875 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,403 |
Net Income from Fundraising Events | $811 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,789,116 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $97,358 |
Compensation of current officers, directors, key employees. | $74,391 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $954,698 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $156,184 |
Payroll taxes | $74,475 |
Fees for services: Management | $0 |
Fees for services: Legal | $830 |
Fees for services: Accounting | $23,264 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,597 |
Advertising and promotion | $652 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $52,198 |
Travel | $5,824 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $22,485 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $91,163 |
Insurance | $14,891 |
All other expenses | $23,694 |
Total functional expenses | $1,802,717 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $500 |
Savings and temporary cash investments | $615,579 |
Pledges and grants receivable | $22,308 |
Accounts receivable, net | $49,458 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $25,221 |
Net Land, buildings, and equipment | $2,334,669 |
Investments—publicly traded securities | $111,727 |
Investments—other securities | $13,488 |
Investments—program-related | $0 |
Intangible assets | $8,483 |
Other assets | $0 |
Total assets | $3,181,433 |
Accounts payable and accrued expenses | $83,377 |
Grants payable | $0 |
Deferred revenue | $1,506 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $382,792 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,257 |
Total liabilities | $469,932 |
Unrestricted restricted net Assets | $1,066,155 |
Temporarily restricted net Assets | $1,573,619 |
Permanently restricted net Assets or current funds | $71,727 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $2,711,501 |
Over the last fiscal year, we have identified 1 grants that Lakes Region Child Care Svc Inc has recieved totaling $22.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Beg. Balance | $125,986 |
Earnings | -$771 |
Ending Balance | $125,215 |
Organization Name | Assets | Revenue |
---|---|---|
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Horizons For Homeless Children Inc Roxbury, MA | $38,808,218 | $18,496,836 |
Campus Child Care Inc Cambridge, MA | $6,709,229 | $14,434,733 |
South Shore Stars Inc East Weymouth, MA | $3,629,382 | $9,959,906 |
Springfield Day Nursery Corporation Springfield, MA | $7,228,841 | $10,253,502 |
For Kids Only Afterschool Incorporated Salem, MA | $15,157,232 | $10,496,692 |
Strafford Learning Center Somersworth, NH | $1,490,325 | $6,882,532 |
Boston Chinatown Neighborhood Center Inc Boston, MA | $10,290,236 | $7,467,156 |
Gregg Neighborhood House Association Inc Lynn, MA | $10,315,627 | $7,312,482 |
Acre Family Child Care Inc Lowell, MA | $6,261,840 | $7,159,605 |
The Jewish Community Center Of The North Shore Inc Marblehead, MA | $7,379,696 | $7,117,282 |
Great Bay Kids Company Portsmouth, NH | $5,951,454 | $6,382,180 |