Little People Childcare Inc
- Assets
- $2.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 124
- Location
- Lakewood, NJ
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-0729724
Organization Overview
Little People Childcare Inc is located in Lakewood, NJ. The organization was established in 2018. 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, Little People Childcare Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little People Childcare 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, Little People Childcare Inc generated $4.2m in total revenue. All expenses for the organization totaled $3.2m during the year ending 12/2022. While expenses have increased by 83.0% per year over the past 6 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
LITTLE PEOPLE CHILDCARE, INC. OPERATES A DAY CARE CENTER FOR PRESCHOOL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A DAY CARE CENTER FOR PRESCHOOL CHILDREN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ephraim Perlstein COO | 45 | $203,600 | |
Tehila Perlstein Daycare Dire | 40 | $180,600 | |
Yaakov Englander Secretary | Officer | 5 | $0 |
Elchonon Kanarek President | Officer | 5 | $0 |
Eli Seeve Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,000 |
| 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 | $90,000 |
| Total Program Service Revenue | $4,131,017 |
| Investment income | $0 |
| 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 | $4,221,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,339 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,697,471 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $166,067 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,814 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,244 |
| Advertising and promotion | $1,928 |
| Office expenses | $12,230 |
| Information technology | $11,306 |
| Royalties | $0 |
| Occupancy | $654,323 |
| Travel | $4,252 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,117 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,441 |
| Insurance | $40,070 |
| All other expenses | $53,508 |
| Total functional expenses | $3,167,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,296,003 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $244,374 |
| 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 | $252,398 |
| Net Land, buildings, and equipment | $480,268 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,273,043 |
| Accounts payable and accrued expenses | $10,194 |
| 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 | $15,339 |
| Total liabilities | $25,533 |
| Net assets without donor restrictions | $2,247,510 |
| 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 | $2,273,043 |
Grants Awarded
Over the last fiscal year, Little People Childcare Inc has awarded $50,250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ZICHRON CHAIM | | | $26,750 |
YESHIVAS OHR HAMEIR | | | $5,500 |
BETH MEDRASH GOVOHA | | | $18,000 |