Learning Loft Foundation Inc

Organization Overview

Learning Loft Foundation Inc is located in New Hyde Park, NY. The organization was established in 2019. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Learning Loft Foundation Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Loft Foundation 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 06/2022, Learning Loft Foundation Inc generated $1.0m in total revenue. All expenses for the organization totaled $849.4k during the year ending 06/2022.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

LOVING AND NURTURING PRE-SCHOOL/DAYCARE CENTER FOR WORKING PARENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LEARNING LOFT IS A PRE-SCHOOL/DAYCARE CENTER FOR CHILDREN 18 MONTHS TO 5 YEARS OLD. THE ORGANIZATION OFFERS FLEXIBLE SCHEDULES, PROVIDE NUTRITIOUS MEALS, EXTENDED HOURS AND VARIOUS PROGRAMS, THAT ENRICH THE STUDENT'S DAY WHILE THEIR PARENTS ARE AT WORK.


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Board, Officers & Key Employees

Name (title)Compensation
Katherine Smith
Vice President
$104,000
Sheila Harrington Compono
Director
$104,000
Agnes Harrington
President
$31,200
Rachael Mcnamara
Director
$0
Angela Guateslla
Director
$0
Krista Feeney
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $301,697
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$301,697
Total Program Service Revenue$709,807
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 $1,011,504

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