Claras Little Lambs Preschool Academy Inc is located in New Orleans, LA. The organization was established in 1996. 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. Claras Little Lambs Preschool Academy 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, Claras Little Lambs Preschool Academy Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 6.2% 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
TO EDUCATE UNDERPRIVILEGED YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION HAS POSITIVELY AFFECTED THE CHILDREN ATTENDING THE PRESCHOOL BY EXPOSING THEM TO POSITIVE EDUCATIONAL AND EVERYDAY EXPERIENCES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clara Washington President | Officer | 55 | $0 |
Sonjia Brown-Joseph Vice President | Officer | 60 | $0 |
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 | $1,871,229 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,006,349 |
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. | $209,171 |
Compensation of current officers, directors, key employees. | $41,834 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $713,462 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $58,636 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $12 |
Fees for services: Accounting | $45,535 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,672 |
Office expenses | $8,702 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $165,391 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $388 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $30,324 |
Insurance | $35,221 |
All other expenses | $63,343 |
Total functional expenses | $1,609,531 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,599,546 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $129,041 |
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 | $270,259 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,998,846 |
Accounts payable and accrued expenses | $16,270 |
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 | $6,619 |
Other liabilities | $0 |
Total liabilities | $22,889 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $500 |
Paid-in or capital surplus, or land, building, or equipment fund | $17,500 |
Retained earnings, endowment, accumulated income, or other funds | $1,975,958 |
Total liabilities and net assets/fund balances | $1,998,846 |
Over the last fiscal year, we have identified 2 grants that Claras Little Lambs Preschool Academy Inc has recieved totaling $14,000.
Awarding Organization | Amount |
---|---|
Agenda For Children Inc New Orleans, LA PURPOSE: ECHO FUND COMMUNITY GRANT, ROUND 2 | $7,000 |
Agenda For Children Inc New Orleans, LA PURPOSE: ECHO FUND COMMUNITY GRANT, ROUND 2 | $7,000 |
Organization Name | Assets | Revenue |
---|---|---|
Advance Child Care Inc Corsicana, TX | $3,473,974 | $18,615,609 |
Lionheart Childrens Academy Bedford, TX | $10,671,656 | $17,109,685 |
Clayton Child Care Inc Fort Worth, TX | $8,846,592 | $17,902,037 |
Kaleidoscope Youth Development Services Inc Houston, TX | $9,400,325 | $12,047,136 |
Greater Opportunities Of The Permian Basin Inc Odessa, TX | $3,693,464 | $8,563,372 |
Central Texas 4c Inc Temple, TX | $3,947,327 | $8,012,001 |
Advance Child Care Inc Palestine, TX | $3,677,390 | $6,266,203 |
Geo-Son Child Care Services Inc Mcallen, TX | $627,795 | $5,505,457 |
Child Nutrition Inc Tuscola, TX | $443,325 | $5,358,207 |
Day Nursery Of Abilene Abilene, TX | $8,688,631 | $5,575,729 |
Apples And Oranges Corp Fort Worth, TX | $722,861 | $5,042,716 |
Pediplace Lewisville, TX | $2,701,486 | $4,644,453 |