Lets Grow Kids Inc

Organization Overview

Lets Grow Kids Inc is located in Middlebury, VT. The organization was established in 2001. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. As of 12/2021, Lets Grow Kids Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lets Grow Kids 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 12/2021, Lets Grow Kids Inc generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $7.7m during the year ending 12/2021. While expenses have increased by 5.8% 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.

Since 2016, Lets Grow Kids Inc has awarded 240 individual grants totaling $7,640,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENSURE EVERY VERMONT FAMILY HAS AFFORDABLE ACCESS TO HIGH-QUALITY CHILD CARE BY 2025.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LET'S GROW KIDS MISSION IS TO ENSURE THAT BY 2025 ALL CHILDREN IN VERMONT CAN ACCESS AND AFFORD HIGH-QUALITY CHILD CARE. IN SERVICE OF THIS MISSION LET'S GROW KIDS 1.) ENGAGES VERMONTERS FROM ALL WALKS OF LIFE IN SOLVING THE CHILD CARE CRISIS; 2.) REFORMS EARLY CHILDHOOD EDUCATION POLICY TO BE INCLUSIVE, RACE-CONSCIOUS, AND CULTURALLY INFORMED; AND, 3.) STRENGTHENS VERMONT'S CHILD CARE SYSTEM IN PARTNERSHIP WITH EARLY CHILDHOOD EDUCATORS. IN 2021 ACCOMPLISHMENTS INCLUDE 1.) INSPIRED 2,581 NEW SUPPORTERS FOR A TOTAL OF 35,322 VERMONTERS CALLING FOR INCREASED PUBLIC INVESTMENT; 2.) HELPED PASS H.171/ACT 45, FOUNDATIONAL CHILD CARE LEGISLATION; 3.) STRENGTHENED THE EARLY CHILDHOOD EDUCATION SYSTEM INCLUDING CREATING 1,442 NEW CHILD CARE SPACES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$484,250
Government grants $2,123,679
All other contributions, gifts, grants, and similar amounts not included above$4,028,823
Noncash contributions included in lines 1a–1f $390,215
Total Revenue from Contributions, Gifts, Grants & Similar$6,636,752
Total Program Service Revenue$26,017
Investment income $2,510
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$3,243
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,662,036

Grants Awarded

Over the last fiscal year, Lets Grow Kids Inc has awarded $1,532,222 in support to 49 organizations.

Grant RecipientAmount

VERMONT ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN

Org PageRecipient Profile

Burlington, VT

PURPOSE: PROGRAM DEVELOPMENT

$172,219

CRYSTAL THOMPSON POLLARD KID LOGIC LEARNING LLC

PURPOSE: PROGRAM DEVELOPMENT

$82,800

ABC & LOL CHILD CARE AND PRESCHOOL LLC

PURPOSE: PROGRAM DEVELOPMENT

$75,000

BETH TOWB RUTLAND INC

Org PageRecipient Profile

Rutland, VT

PURPOSE: PROGRAM DEVELOPMENT

$75,000

ABC ACADEMY ST ALBANS LLC

PURPOSE: PROGRAM DEVELOPMENT

$74,800

SARA LEBLANC

PURPOSE: PROGRAM DEVELOPMENT

$65,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Lets Grow Kids Inc has recieved totaling $118,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$85,000
$25,000
Tulgey Wood Foundation Inc

Greenwich, CT

PURPOSE: SUPPORT OF ORGANIZATION

$5,000
Evslin Family Foundation Inc

Stowe, VT

PURPOSE: OPERATINGSUPPORT.

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,909,605
Earnings$5,504
Admin Expense$1,787,481
Net Contributions$6,656,765
Other Expense$3,596,097
Grants$2,311,483
Ending Balance$12,876,813

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