Greater Love Childcare Development Inc
- Assets
- $260.9k
- Revenue
- $666.0k
- Investments
- $0.0
- Employees
- 10
- Location
- Indianapolis, IN
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 46-2051624
Organization Overview
Greater Love Childcare Development Inc is located in Indianapolis, IN. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Greater Love Childcare Development Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Love Childcare Development 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, Greater Love Childcare Development Inc generated $666.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $523.8k during the year ending 12/2023. While expenses have increased by 18.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE HAVE A MISSION TO AFFECT OUR COMMUNITY BY PROVIDING CHILDREN WITH EXCELLENT CARE IN A SAFE AND NURTURING ATMOSPHERE. WE PLANT SEEDS IN EACH CHILD THROUGH TEACHING DEVELOPMENTALLY LESSONS IN A CREATIVE WAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDCARE DEVELOPMENT ORGANIZATION ACHIEVED THE FOLLOWING:PROVIDED FIELD TRIPS TO THE INDIANAPOLIS PUBLIC LIBRARY, TO THE MOVIES, TO STEM SKATING, TO SWIMMINGPROVIDED COMMUNITY OUTREACH SUCH AS CAR SEAT, CLOTHING, FOOD, BACKPACK GIVEAWAYSADOPTED A FAMILY AT HOLIDAY TO PROVIDE SUPPORT
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $665,451 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $665,950 |
| 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. | $26,668 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,535 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,000 |
| Payroll taxes | $18,313 |
| 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 | $47,354 |
| Advertising and promotion | $9,521 |
| Office expenses | $142 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,038 |
| Travel | $320 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,006 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,466 |
| Insurance | $4,492 |
| All other expenses | $50,104 |
| Total functional expenses | $523,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $247 |
| 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 | $113,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,831 |
| Total assets | $260,911 |
| 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 | $134,338 |
| Total liabilities | $134,338 |
| Net assets without donor restrictions | $126,573 |
| 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 | $260,911 |