Project L E A D Ltd Learning Education And Development is located in Lithonia, GA. The organization was established in 2003. 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. Project L E A D Ltd Learning Education And Development 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 12/2016, Project L E A D Ltd Learning Education And Development generated $183.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $181.8k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (29.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS ESTABLISHED PRIMARILY TO PROVIDE QUALITY CHILD CARE SERVICES TO PRE-SCHOOL CHILDREN FOR PARENTS IN THE ATLANTA METROPOLITAN AREA FROM LOW INCOME HOUSEHOLDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rolando Outland Secretary | 10 | $0 | |
Cheryl Shields Director | 1 | $0 | |
Anika Ellington Director | 1 | $0 | |
Alfred Outland III Director | 1 | $0 | |
Terrance Kelly CFO | 40 | $4,775 | |
Stephanie Kelly CEO | 40 | $4,775 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $183,138 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $183,138 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $72,655 |
Professional fees and other payments to independent contractors | $62,488 |
Occupancy, rent, utilities, and maintenance | $30,834 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,863 |
Total expenses | $181,840 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,653 |
Other assets | $0 |
Total assets | $32,898 |
Total liabilities | $5,960 |
Net assets or fund balances | $26,938 |