Lake Area Discovery Center

Organization Overview

Lake Area Discovery Center is located in White Bear Lake, MN. The organization was established in 2000. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Lake Area Discovery Center employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Area Discovery 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 06/2021, Lake Area Discovery Center generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $6.0m during the year ending 06/2021. While expenses have increased by 12.0% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LAKE AREA DISCOVERY CENTER (LADC), AS PART OF THE EARLY CHILDHOOD COMMUNITY, SEEKS TO SUPPORT PARENTS AND CHILDREN THROUGH A CREATIVE ENVIRONMENT THAT PROMOTES AND TEACHES CHRISTIAN VALUES, HONORS DIVERSITY, AND FOSTERS FELLOWSHIP WITHIN THE GREATER COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OFFERED FULL ENROLLMENT FOR THE PURPOSE OF PROVIDING INFANT CARE, PRE-KINDERGARTEN EDUCATION AND PROVIDING SCHOLARSHIPS TO FAMILIES WHO OTHERWISE WOULD NOT BE ABLE TO RECEIVE A PRE-KINDERGARTEN EDUCATION, AND OFFERED FAMILY NIGHTS 20 TIMES PER YEAR. APPROXIMATELY 800 STUDENTS WERE SERVED THROUGHOUT THE YEAR AT FIFTEEN LOCATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Janet Miller
Executive Director
$126,034
Paula Barber
Business Administrator
$40,647
Bob Eiselt
Finance Chair
$0
Carrie Hackman
Chair
$0
Bonnie Jungels
Director
$0
Bruce Richards
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$62,808
Related organizations$0
Government grants $1,994,500
All other contributions, gifts, grants, and similar amounts not included above$137,921
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,195,229
Total Program Service Revenue$5,482,863
Investment income $203
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$748
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,699,616

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lake Area Discovery Center has recieved totaling $35,652.

Awarding OrganizationAmount
Think Small

Saint Paul, MN

PURPOSE: SCHOLARSHIP

$35,652
View Grant Recipient Profile

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