Kids Korner Early Education Center
- Assets
- $14.1k
- Revenue
- $176.7k
- Investments
- $0.0
- Employees
- 20
- Location
- Arleta, CA
- Founding
- Data as of
- 06/2017
- EIN
- 20-2158108
Organization Overview
Kids Korner Early Education Center is located in Arleta, CA. As of 06/2017, Kids Korner Early Education Center employed 20 individuals. Kids Korner Early Education 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 06/2017, Kids Korner Early Education Center generated $176.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $156.3k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (29.8%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
PRESCHOOL CHILD CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SAFE AND AFFORDABLE QUALITY CHILD CARE FOR PRESCHOOL CHILDREN IN ORDER TO ALLOW THEIR PARENTS TO WORK, SEEK EMPLOYMENT AND/OR GO TO SCHOOL. A CALIF STATE TITLE 5 LICENSING FOR STATE-FUNDED PROGRAMS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Magallanes Site Superivsor | Officer | 40 | $55,533 |
Cynthia Stallcup Riding President | Officer | 40 | $1,648 |
Karen Sitter Director | Officer | 1 | $0 |
Ben Riding Director | Officer | 0 | $0 |
Angela Gallegos Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
| 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 | $176,713 |
| Statement of Expenses | |
|---|---|
| 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. | $1,648 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,175 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,259 |
| Payroll taxes | $10,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,831 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,622 |
| All other expenses | $0 |
| Total functional expenses | $156,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,128 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,128 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,455 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,455 |
| 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 | $5,673 |
| Total liabilities and net assets/fund balances | $5,673 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kids Korner Early Education Center has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Los Angeles Universal Preschool Los Angeles, CA PURPOSE: Grant Provision for high quality preschool in the LOS ANGELES COUNTY | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |