Marie H Ketelsen Learning Center For Children Inc
- Assets
- $99.8k
- Revenue
- $2.2k
- Investments
- $51.2k
- Employees
- 0
- Location
- Maquoketa, IA
- Founding
- 04/1995
- Data as of
- 12/2023
- EIN
- 42-1422915
Organization Overview
Marie H Ketelsen Learning Center For Children Inc is located in Maquoketa, IA. The organization was established in 1995. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marie H Ketelsen Learning Center For Children 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 12/2023, Marie H Ketelsen Learning Center For Children Inc generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $3.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARIE KETELSEN LEARNING CENTER CONTINUES TO GET VISITORS ALL YEAR LONG TO ENJOY NATURE IN EASTERN IOWA THE NEWLY PLANTED OAK TREES ARE DOING WELL
A COMMUNITY PICNIC WAS HOSTED AT THE PARKTHIS HAS BEEN AN ANNUAL EVENT SINCE 1996 AS A WAY TO SAY THANKS TO OUR MANY VOLUNTEERS WHO HAVE HELPED OUT WITH PROJECTS
A SOIL JUDGING DAY FOR AREA SCHOOLS AND FFA CHAPTERS WAS HELD THIS YEAR IT WAS AN EDUCATIONAL DAY FOR 70 STUDENTS AND INSTRUCTORS FROM 7 AREA SCHOOLS
THE PARK PROVIDED AN AREA TO DIG SOIL PITS HAD A GOOD PARKING LOT RESTROOM FACILITIES AND MEETING AREA UNDER THE PICNIC SHELTER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Kilburg Secy-Treas | 1 | $0 | |
Renee Lietz President | 1 | $0 | |
Jean Johnson Director | 1 | $0 | |
Kevin Poll Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $612 |
| Dividends & Interest | $1,002 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $632 |
| Capital Gain Net Income | $632 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65 |
| Depreciation | $186 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,669 |
| Total operating and administrative expenses | $3,220 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,459 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $51,176 |
| Net Land, buildings, and equipment | $45,166 |
| Other assets | $0 |
| Total assets | $99,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |