Prep Center Pre-School Recreaional Educational Program Inc
- Assets
- $711.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 28
- Location
- Bastrop, LA
- Founding
- 06/1999
- Data as of
- 12/2022
- EIN
- 72-1434168
Organization Overview
Prep Center Pre-School Recreaional Educational Program Inc is located in Bastrop, LA. The organization was established in 1999. 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 12/2022, Prep Center Pre-School Recreaional Educational Program Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prep Center Pre-School Recreaional Educational Program 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 12/2022, Prep Center Pre-School Recreaional Educational Program Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $883.1k during the year ending 12/2022. While expenses have increased by 5.6% 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
EDUCATIONAL SERVICES TO CHILDREN (SERVING AGES 1-13). TO AID IN THEIR DEVELOPMENT WITH AGE APPROPRIATE LEARNING ACTIVITIES. EQUIPPING CHILDREN WITH THE SKILLS NEEDED TO BE KINDERGARTEN READY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARED FOR APPROXIMATELY 126-147 PRESCHOOL AND SCHOOL AGE CHILDREN, PROVIDING EDUCATIONAL AND RECREATIONAL ACTIVITIES, WHILE ALLOWING MOST PARENTS TO BE GAINFULLY EMPLOYED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois Jordan Executive Dir. | OfficerTrustee | 40 | $33,671 |
Judith T Owens Vice President | Trustee | 0 | $0 |
Kathy Parrot Director | Trustee | 0 | $0 |
Millicent Boles Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $420,989 |
| 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 | $420,989 |
| Total Program Service Revenue | $632,341 |
| Investment income | $1,063 |
| 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 | $1,054,393 |
| 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. | $33,671 |
| Compensation of current officers, directors, key employees. | $8,418 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,485 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50 |
| Advertising and promotion | $233 |
| Office expenses | $9,313 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,900 |
| Travel | $4,393 |
| 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 | $0 |
| Insurance | $43,709 |
| All other expenses | $48,933 |
| Total functional expenses | $883,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $604,731 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $106,705 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $711,437 |
| Accounts payable and accrued expenses | $8,901 |
| 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 | $8,901 |
| Net assets without donor restrictions | $702,536 |
| 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 | $711,437 |