Battle Lake Youth Center Inc
- Assets
- $910.3k
- Revenue
- $44.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Battle Lake, MN
- Founding
- 11/2015
- Data as of
- 12/2020
- EIN
- 47-4745427
Organization Overview
Battle Lake Youth Center Inc is located in Battle Lake, MN. The organization was established in 2015. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Battle Lake Youth Center 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 12/2020, Battle Lake Youth Center Inc generated $44.2k 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 (21.8%) each year. All expenses for the organization totaled $45.8k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
RETAINING AND ATTRACTING YOUNG FAMILIES TO THE BATTLE LAKE AREA TO IMPROVE THE VITALITY OF THE AREA AND TO MAINTAIN THE VIABILITY OF THE SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AND MAINTAIN A CHILD CARE FACILITY FOR UP TO 42 CHILDREN IN THE BATTLE LAKE AREA. BLYCI HAS PARTNERED WITH A HIGH-QUALITY CHILD CARE PROVIDER, TINY TYKES, TO MANAGE OPERATIONS. THE TODDLER AND INFANT ROOMS ARE STEADILY OCCUPIED, ALMOST AT FULL-CAPACITY, WHILE MAINTAINING THE CHILD TO ADULT RATIOS TO ENSURE QUALITY CARE IS PROVIDED. OUR CAPITAL CAMPAIGN WILL CONTINUE WITH FUNDS TO BE RECEIVED UNTIL 2021. BLYCI HAS STARTED A SCHOLARSHIP FUND TO HELP FAMILIES WHOM ARE STRUGGLING TO AFFORD QUALITY CARE AT BLYCI. AN APPLICATION PROCESS AND COMMITTEE HAVE BEEN ESTABLISHED AND ARE MEETING REGULARLY TO APPROVE APPLICATIONS AND SUBMIT FUNDS TO TINY TYKES TO HELP PAY FOR CHILD CARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Gagner President | OfficerTrustee | 1 | $0 |
Patty Johnson Vice Preside | OfficerTrustee | 1 | $0 |
Jesse Mark Treasurer | OfficerTrustee | 1 | $0 |
Amanda Stramer Director | Trustee | 1 | $0 |
Megan Johnson Director | Trustee | 0.5 | $0 |
Jenny Mansker Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $550 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,566 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,116 |
| Total Program Service Revenue | $10,560 |
| 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 | $7,530 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,206 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $150 |
| Office expenses | $387 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,050 |
| Insurance | $2,302 |
| All other expenses | -$295 |
| Total functional expenses | $45,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$8,700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $114 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $866,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $910,307 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $910,307 |
| 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 | $910,307 |