Titi Millie Day Care Inc
- Assets
- $92.8k
- Revenue
- $318.7k
- Investments
- $0.0
- Employees
- 19
- Location
- Guanica, PR
- Founding
- 06/2002
- Data as of
- 09/2022
- EIN
- 06-0602997
Organization Overview
Titi Millie Day Care Inc is located in Guanica, PR. The organization was established in 2002. 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 09/2022, Titi Millie Day Care Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Titi Millie Day Care 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 09/2022, Titi Millie Day Care Inc generated $318.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $331.1k during the year ending 09/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILD CARE TO LOW INCOME FAMILIES TO PREPARE THEM TO WORK OR STUDY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXPENSES ARE FOR THE SALARIES ,FRINGE BENEFITS,FOOD,MATERIALS,UTILITIES,INSURANCE,PROFESIONAL SERVICES,ETC OF THE CENTER. THIS EXPENSES ARE FOR THE SERVICE FOR THE CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lidia Leon President | Officer | 15 | $0 |
Carlos Alvarez Treasurer | Officer | 10 | $0 |
Isabel Montalvo Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,922 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,922 |
| Total Program Service Revenue | $310,739 |
| Investment income | $0 |
| 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 | $318,661 |
| 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 | $205,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $47,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,797 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $348 |
| Office expenses | $9,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,308 |
| Interest | $665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,000 |
| Insurance | $6,118 |
| All other expenses | $0 |
| Total functional expenses | $331,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,730 |
| Savings and temporary cash investments | $13,078 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,057 |
| 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 | $2,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,810 |
| Accounts payable and accrued expenses | $46,562 |
| 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 | $1,560 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,122 |
| Net assets without donor restrictions | $0 |
| 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 | $44,688 |
| Total liabilities and net assets/fund balances | $92,810 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Angel De La Guarda Inc San Sebastian, PR | $135,003 | $749,855 |
Centro De Cuidado Diurno Habacuc Anasco, PR | $711,085 | $844,743 |
Central De Desarrollo Educativo Deportivo Inc Moca, PR | $684,496 | $845,953 |
Childrens Zone Inc Bayamon, PR | $130,400 | $440,309 |
Castillo De Angeles Inc Canovanas, PR | $78,279 | $436,433 |
Heavenly Kids Inc Ponce, PR | $68,425 | $386,317 |
Titi Millie Day Care Inc Guanica, PR | $92,810 | $318,661 |
Centro De Cuidado Diurno Mundo Infantl Inc Mayaguez, PR | $45,469 | $263,897 |
Regalos De Amor Inc Hormigueros, PR | $64,985 | $282,195 |
Academia El Principito Inc Hormigueros, PR | $43,134 | $258,700 |
Centro De Cuidado Diurno Sueno Infantil Inc San Lorenzo, PR | $182,304 | $270,675 |
Tesoritos Daycare & Learning Center Inc Ponce, PR | $402,705 | $206,769 |