Frankie Lemmon School And Developmental Center Inc
- Assets
- $4.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 38
- Location
- Raleigh, NC
- Founding
- 10/1967
- Data as of
- 06/2022
- EIN
- 56-0931467
Organization Overview
Frankie Lemmon School And Developmental Center Inc is located in Raleigh, NC. The organization was established in 1967. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Frankie Lemmon School And Developmental Center Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frankie Lemmon School And Developmental 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 06/2022, Frankie Lemmon School And Developmental Center Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 5.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIFE-CHANGING EDUCATION AND THERAPY TO CHILDREN WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER IS TO EDUCATE AND CELEBRATE CHILDREN OF ALL ABILITIES. CURRENTLY THE SCHOOL IS SERVING 70 CHILDREN AGES 2-6 YEARS OLD, AND ULTIMATELY PLANS TO REACH THE MAXIMUM CAPACITY OF 125 CHILDREN IN THE FUTURE. SERVICES PROVIDED INCLUDE SPEECH AND LANGUAGE THERAPY, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, AND VISION AND HEARING SERVICES, WHICH ARE CUSTOMIZED FOR EACH CHILD. CHILDREN WHO ATTEND FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER ENJOY MUSIC THERAPY, MOVEMENT CLASSES, NUTRITIOUS DAILY MEALS AND SNACKS AS WELL AS AN OPTIONAL SUMMER ENRICHMENT PROGRAM. THE SCHOOL'S STUDENT TO TEACHER RATIO IS NEVER LARGER THAN 1:6 AND ALL LEAD TEACHERS HAVE A NC TEACHING LICENSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Hart Board Member | Trustee | 0.5 | $0 |
Amy Asplundh Board Member | Trustee | 0.5 | $0 |
Trey Bailey Board Member | Trustee | 0.5 | $0 |
Amy Britt Board Member | Trustee | 0.5 | $0 |
Angela Buchanan Board Member | Trustee | 0.5 | $0 |
Etta Long Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $900,000 |
| Government grants | $500,335 |
| 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 | $1,400,335 |
| Total Program Service Revenue | $691,440 |
| 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 | $2,097,569 |
| 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. | $101,939 |
| Compensation of current officers, directors, key employees. | $51,319 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,145,761 |
| Pension plan accruals and contributions | $28,284 |
| Other employee benefits | $133,446 |
| Payroll taxes | $75,814 |
| 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 | $128,872 |
| Advertising and promotion | $619 |
| Office expenses | $108,441 |
| Information technology | $3,046 |
| Royalties | $0 |
| Occupancy | $9,260 |
| Travel | $1,688 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $124,146 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $162,728 |
| Insurance | $3,013 |
| All other expenses | $4,080 |
| Total functional expenses | $2,154,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363 |
| Savings and temporary cash investments | $241,214 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,753 |
| 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 | $10,585 |
| Net Land, buildings, and equipment | $4,265,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,422 |
| Total assets | $4,527,060 |
| Accounts payable and accrued expenses | $105,276 |
| 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 | $3,302,396 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,407,672 |
| Net assets without donor restrictions | $1,104,768 |
| Net assets with donor restrictions | $14,620 |
| 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 | $4,527,060 |