Loving Care Day Care Center Inc is located in Nicholasville, KY. The organization was established in 1978. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Loving Care Day Care Center Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loving Care Day Care 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 12/2021, Loving Care Day Care Center Inc generated $695.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $534.9k during the year ending 12/2021. While expenses have increased by 1.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING A CHILD DEVELOPMENT CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING TAX EXEMPT CHILD CARE CENTER
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Carpenter Vice President | OfficerTrustee | 15 | $15,600 |
Carlletta Carpenter Secretary/treasurer | OfficerTrustee | 10 | $12,480 |
Cilisa Carpenter President | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $12,780 |
All other contributions, gifts, grants, and similar amounts not included above | $520,272 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $533,052 |
Total Program Service Revenue | $157,030 |
Investment income | $4,879 |
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 | $694,961 |
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. | $28,080 |
Compensation of current officers, directors, key employees. | $28,080 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $223,180 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $16,090 |
Payroll taxes | $23,160 |
Fees for services: Management | $0 |
Fees for services: Legal | $880 |
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 | $0 |
Advertising and promotion | $3,928 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $129,798 |
Travel | $244 |
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 | $7,871 |
Insurance | $12,100 |
All other expenses | $0 |
Total functional expenses | $534,944 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,002 |
Savings and temporary cash investments | $289,830 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,831 |
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 | $30,252 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $391,915 |
Accounts payable and accrued expenses | $3,837 |
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 | $3,837 |
Net assets without donor restrictions | $0 |
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 | $388,078 |
Total liabilities and net assets/fund balances | $391,915 |
Organization Name | Assets | Revenue |
---|---|---|
Early Learning Indiana Inc Indianapolis, IN | $99,366,858 | $103,290,512 |
Miami Valley Child Development Centers Inc Dayton, OH | $11,000,708 | $39,221,090 |
Porter-Leath Memphis, TN | $49,048,141 | $36,176,100 |
Child Development Council Of Franklin County Columbus, OH | $14,978,695 | $30,319,189 |
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Day Care Resources Inc Tremont, IL | $2,117,943 | $17,941,943 |
Centers For New Horizons Inc Chicago, IL | $7,305,979 | $16,275,139 |
River Valley Child Development Services Huntington, WV | $6,974,645 | $16,881,683 |
Sal Family And Community Services Moline, IL | $8,918,922 | $19,104,520 |
Learning Grove Inc Covington, KY | $12,030,181 | $15,031,851 |
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