Kidworks Learning Center is located in Meredith, NH. The organization was established in 1997. 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 12/2022, Kidworks Learning Center employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kidworks Learning Center 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 12/2022, Kidworks Learning Center generated $403.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $420.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHILD CARE CENTER, PRESCHOOL, AND KINDERGARTEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE A CHILD CARE CENTER INCLUDING A PRESCHOOL AND KINDERGARTEN FOR THE CHILDREN OF WORKING PARENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ted Fodero President | Trustee | 1 | $0 |
Amy Harpell-Lemein Treasurer | Trustee | 1 | $0 |
Angela Labrecque Vice Preside | OfficerTrustee | 1 | $0 |
Maggie Ristaino Parent Rep | Trustee | 1 | $0 |
Kristin White Parent Rep | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $187,298 |
All other contributions, gifts, grants, and similar amounts not included above | $753 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $188,051 |
Total Program Service Revenue | $215,241 |
Investment income | $12 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $403,304 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $291,424 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,438 |
Payroll taxes | $22,365 |
Fees for services: Management | $0 |
Fees for services: Legal | $175 |
Fees for services: Accounting | $16,526 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $207 |
Office expenses | $2,081 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,891 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $308 |
Interest | $4,497 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $15,228 |
Insurance | $16,068 |
All other expenses | $2,001 |
Total functional expenses | $420,776 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $113,489 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $16,273 |
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 | $0 |
Net Land, buildings, and equipment | $190,674 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $320,436 |
Accounts payable and accrued expenses | $4,490 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $98,168 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $117 |
Total liabilities | $102,775 |
Net assets without donor restrictions | $217,661 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $320,436 |