Lakeview Preschool Inc
- Assets
- $396.0k
- Revenue
- $684.8k
- Investments
- $0.0
- Employees
- 25
- Location
- Maineville, OH
- Founding
- 02/2013
- Data as of
- 06/2023
- EIN
- 31-1092443
Organization Overview
Lakeview Preschool Inc is located in Maineville, OH. The organization was established in 2013. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Lakeview Preschool Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeview Preschool 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 06/2023, Lakeview Preschool Inc generated $684.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $581.7k during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL, EMOTIONAL, PHYSICAL, MENTAL AND SPIRITUAL GROWTH IN PRESCHOOL AGE CHILDREN IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PRESCHOOL EDUCATION WITH ALL ITS' BENEFITS TO 3-5 YEAR OLDS. IMPROVEMENTS WERE MADE TO EQUIPMENT, FACILITIES AND OUTDOOR PLAYGROUND TO PROVIDE A SAFE AND ENCOURAGING ENVIRONMENT FOR EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Goodwin Exec Director | OfficerTrustee | 35 | $54,250 |
Susan Carroll Treasurer | OfficerTrustee | 10 | $36,955 |
Emily Kelly Member | Trustee | 1 | $0 |
Erin Iverson Chairman | OfficerTrustee | 1 | $0 |
Elaine Harvat Member | Trustee | 1 | $0 |
Mary Mitchell Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $177,194 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,176 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,370 |
| Total Program Service Revenue | $489,118 |
| 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 | $15,310 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $684,798 |
| 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. | $63,489 |
| Compensation of current officers, directors, key employees. | $63,489 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $273,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,854 |
| Payroll taxes | $27,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $458 |
| Office expenses | $7,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,658 |
| 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 | $5,766 |
| All other expenses | $21,395 |
| Total functional expenses | $581,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,831 |
| Savings and temporary cash investments | $60,029 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,119 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $395,979 |
| 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 | $395,979 |
| 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 | $395,979 |