Little Knights Learning Center
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 27
- Location
- Dysart, IA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 36-4883435
Organization Overview
Little Knights Learning Center is located in Dysart, IA. The organization was established in 2018. 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 12/2021, Little Knights Learning Center employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Knights Learning 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 12/2021, Little Knights Learning Center generated $1.7m in total revenue. All expenses for the organization totaled $421.2k during the year ending 12/2021. While expenses have increased by 27.0% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE CHILD, FAMILY AND COMMUNITY WELL-BEING
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTIVATED CHILD, FAMILY AND COMMUNITY WELL-BEING THROUGH EXCELLENCE IN COMPREHENSIVE CHILD CARE AND DEVELOPMENT SERVICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wanda Petersen President | OfficerTrustee | 10 | $0 |
Peg Hennings Secretary | OfficerTrustee | 10 | $0 |
Aly Goken VP And Treas | OfficerTrustee | 10 | $0 |
Ian Flores Board Member | Trustee | 10 | $0 |
Stacey Dabney Board Member | Trustee | 10 | $0 |
Pete Eikamp Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,939 |
| Related organizations | $0 |
| Government grants | $681,826 |
| All other contributions, gifts, grants, and similar amounts not included above | $665,851 |
| Noncash contributions included in lines 1a–1f | $92,285 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,370,616 |
| Total Program Service Revenue | $367,075 |
| Investment income | $145 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,912 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,745,267 |
| 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 | $208,090 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,206 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $34,085 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,752 |
| Office expenses | $24,078 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,707 |
| Travel | $45 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,688 |
| Insurance | $13,993 |
| All other expenses | $4,694 |
| Total functional expenses | $421,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,999 |
| 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 |
| Net Land, buildings, and equipment | $1,176,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,376,415 |
| Accounts payable and accrued expenses | $231 |
| 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 | $2,250 |
| Other liabilities | $0 |
| Total liabilities | $2,481 |
| Net assets without donor restrictions | $1,373,934 |
| 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 | $1,376,415 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Little Knights Learning Center has recieved totaling $25,172.
| Awarding Organization | Amount |
|---|---|
Iowa Womens Foundation Coralville, IA PURPOSE: blackout curtains and cubbies for a new center | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,066 |
Max And Helen Guernsey Charitable Foundation Waterloo, IA PURPOSE: OPERATING SUPPORT | $5,000 |
Land O L Foundation St Paul, MN PURPOSE: MEMBER CO-OP MATCHES | $500 |
Land O L Foundation St Paul, MN PURPOSE: MEMBER CO-OP MATCHES | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Think Small Saint Paul, MN | $8,024,590 | $30,547,585 |
Providers Choice Inc Minneapolis, MN | $4,205,480 | $24,736,652 |
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Child Care Resource And Referral Inc Rochester, MN | $8,853,289 | $18,520,404 |
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 |
Carole Robertson Center For Learning Chicago, IL | $14,277,174 | $18,327,901 |
Children And Families Of Iowa Des Moines, IA | $18,712,609 | $16,514,094 |
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 |