Carousel Play & Learn Center Inc is located in Greensburg, IN. The organization was established in 1972. 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 11/2022, Carousel Play & Learn Center Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carousel Play & Learn Center 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 11/2022, Carousel Play & Learn Center Inc generated $928.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $747.5k during the year ending 11/2022. While expenses have increased by 2.5% 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
CHILDCARE CENTER & PRESCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE DAY CARE SERVICES TO DECATUR COUNTY RESIDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tyler Schmid Treasurer | OfficerTrustee | 0.25 | $0 |
Nikki Reed President | OfficerTrustee | 0.25 | $0 |
Elizabeth Lecher Hochstedler Member | Trustee | 0.25 | $0 |
Alyssa Kramer Member | Trustee | 0.25 | $0 |
Eric Raver Member | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $339,696 |
All other contributions, gifts, grants, and similar amounts not included above | $39,600 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $379,296 |
Total Program Service Revenue | $536,694 |
Investment income | $2,701 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,750 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $928,616 |
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 | $498,554 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $38,891 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,018 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,938 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $36,523 |
Insurance | $0 |
All other expenses | $54,748 |
Total functional expenses | $747,483 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,265 |
Savings and temporary cash investments | $376,709 |
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 |
Net Land, buildings, and equipment | $578,892 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $2,137 |
Other assets | $0 |
Total assets | $1,082,003 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $1,082,003 |
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 | $1,082,003 |
Over the last fiscal year, we have identified 1 grants that Carousel Play & Learn Center Inc has recieved totaling $36,825.
Awarding Organization | Amount |
---|---|
Decatur County United Fund Inc Greensburg, IN PURPOSE: TO ASSIST IN PAYMENT OF OPERATING EXPENSES | $36,825 |
Organization Name | Assets | Revenue |
---|---|---|
Early Learning Indiana Inc Indianapolis, IN | $99,366,858 | $103,290,512 |
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Day Care Resources Inc Tremont, IL | $2,117,943 | $17,941,943 |
Centers For New Horizons Inc Chicago, IL | $7,305,979 | $16,275,139 |
Sal Family And Community Services Moline, IL | $8,918,922 | $19,104,520 |
Learning Grove Inc Covington, KY | $12,030,181 | $15,031,851 |
Carole Robertson Center For Learning Chicago, IL | $14,277,174 | $18,327,901 |
Operation Breakthrough Inc Kansas City, MO | $30,816,270 | $15,851,429 |
Henry Booth House Chicago, IL | $2,336,796 | $13,372,384 |
Mary Crane League Chicago, IL | $2,658,190 | $10,239,399 |
Guadalupe Center Inc Kansas City, MO | $11,857,971 | $9,741,504 |
Encompass Early Education And Care Inc Green Bay, WI | $8,419,390 | $8,397,899 |