Traininggroundsinc
- Assets
- $3.5m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 14
- Location
- Slidell, LA
- Founding
- 04/2017
- Data as of
- 12/2023
- 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 12/2023, Traininggroundsinc employed 14 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 12/2023, Traininggroundsinc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 65.7% each year . All expenses for the organization totaled $889.5k during the year ending 12/2023. While expenses have increased by 58.3% 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
2023
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 | $110,041 |
Christine Neely COO | Officer | 40 | $80,769 |
Hazel Parker Secretary | Trustee | 1 | $0 |
Nia Avery President | OfficerTrustee | 1 | $0 |
Danielle Rosemore Treasurer | OfficerTrustee | 1 | $0 |
Eboni Walker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $50,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $542,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,015,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,607,299 |
| Total Program Service Revenue | $289,908 |
| Investment income | $12,166 |
| 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 | $2,909,373 |
| 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. | $191,228 |
| Compensation of current officers, directors, key employees. | $17,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,695 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,251 |
| Payroll taxes | $34,101 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,109 |
| Fees for services: Accounting | $47,784 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,875 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $182,974 |
| Advertising and promotion | $14,914 |
| Office expenses | $0 |
| Information technology | $20,360 |
| Royalties | $0 |
| Occupancy | $31,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,012 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,426 |
| Insurance | $11,949 |
| All other expenses | $10,267 |
| Total functional expenses | $889,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $756,910 |
| Savings and temporary cash investments | $2,449,778 |
| Pledges and grants receivable | $226,255 |
| Accounts receivable, net | $85,519 |
| 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 | $12,296 |
| Net Land, buildings, and equipment | $3,745 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,534,503 |
| Accounts payable and accrued expenses | $2,554 |
| Grants payable | $0 |
| Deferred revenue | $173,940 |
| 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 | $19,169 |
| Total liabilities | $195,663 |
| Net assets without donor restrictions | $2,910,755 |
| Net assets with donor restrictions | $428,085 |
| 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 | $3,534,503 |