Traininggroundsinc
- Assets
- $1.1m
- Revenue
- $947.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Slidell, LA
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-3353953
Organization Overview
Traininggroundsinc is located in Slidell, LA. The organization was established in 2017. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2021, Traininggroundsinc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Traininggroundsinc 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, Traininggroundsinc generated $947.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 62.1% each year . All expenses for the organization totaled $306.8k during the year ending 12/2021. While expenses have increased by 53.7% per year over the past 5 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 ASSIST FAMILIES, EDUCATORS, AND COMMUNITIES IN STRENGTHENING THE FOUNDATION ON WHICH CHILDREN CAN SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED THE WE PLAY CENTER WHERE PARENTS AND CHILDREN (3 AND UNDER) CAN GROW AND LEARN TOGETHER BY ENJOYING AGE APPROPRIATE TOYS AND ACTIVITIES WHILE DEVELOPING SOCIAL-EMOTIONAL SKILLS IN A SAFE PLAY SPACE. ALSO PROVIDED LEARNING EXPERIENCE WORKSHOPS FOR PARENTS AND PROFESSIONAL DEVELOPMENT TRAINING FOR EARLY CHILDHOOD EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Richardson Executive Dir. | Officer | 40 | $72,800 |
Christine Neely COO | Officer | 35 | $45,500 |
Hazel Parker Director | Trustee | 1 | $1,463 |
Michelle Stocker Chairman | OfficerTrustee | 1 | $0 |
Michelle Frentzos Treasurer | OfficerTrustee | 1 | $0 |
Jill Gautreaux Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,368 |
| All other contributions, gifts, grants, and similar amounts not included above | $842,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $889,716 |
| Total Program Service Revenue | $56,243 |
| Investment income | $1,360 |
| 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 | $947,319 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,763 |
| Compensation of current officers, directors, key employees. | $11,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,485 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,073 |
| Advertising and promotion | $1,014 |
| Office expenses | $0 |
| Information technology | $8,276 |
| Royalties | $0 |
| Occupancy | $24,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,531 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $535 |
| Insurance | $4,834 |
| All other expenses | $3,158 |
| Total functional expenses | $306,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $760,973 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $300,074 |
| Accounts receivable, net | $5,000 |
| 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 | $11,600 |
| Net Land, buildings, and equipment | $6,597 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,084,244 |
| Accounts payable and accrued expenses | $750 |
| Grants payable | $0 |
| Deferred revenue | $11,757 |
| 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 | $5,655 |
| Total liabilities | $18,162 |
| Net assets without donor restrictions | $835,198 |
| Net assets with donor restrictions | $230,884 |
| 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 | $1,084,244 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Traininggroundsinc has recieved totaling $616,879.
| Awarding Organization | Amount |
|---|---|
Rancho Santa Fe Foundation Rancho Santa Fe, CA PURPOSE: EDUCATION | $250,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: FUND RAISING & FUND DISTRIBUTION | $116,833 |
Louis Calder Foundation Denver, CO PURPOSE: TWO GENERATION | $100,000 |
Louis Calder Foundation Denver, CO PURPOSE: TWO GENERATION | $100,000 |
United Way Of Southeast Louisiana New Orleans, LA PURPOSE: GRANT FUNDING | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lctcs Facilities Corporation New Orleans, LA | $415,855,492 | $43,562,374 |
Cumberland Academy Tyler, TX | $91,837,212 | $22,775,705 |
Healthy School Food Collaborative New Orleans, LA | $2,253,600 | $20,882,496 |
Provident Oklahoma Education Resources Baton Rouge, LA | $5,000 | $54,481,089 |
Redesign Schools Louisiana Baton Rouge, LA | $2,219,135 | $10,040,399 |
Learn Lonestar Education And Research Network Lubbock, TX | $26,698,796 | $7,275,450 |
Learning Forward Richardson, TX | $5,036,186 | $5,068,048 |
Wilco Montessori Partners Georgetown, TX | $1,123,507 | $4,175,636 |
Catalyst Education New Orleans, LA | $4,849,256 | $2,637,014 |
Orchard Foundation Alexandria, LA | $7,454,172 | $2,296,059 |
Bowling Green School Franklinton, LA | $5,239,494 | $3,010,264 |
Belle Chasse Educational Foundation Belle Chasse, LA | $18,141,077 | $278,082 |