Limon Child Development Center
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 33
- Location
- Limon, CO
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 84-1414532
Organization Overview
Limon Child Development Center is located in Limon, CO. The organization was established in 1998. 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 12/2023, Limon Child Development Center employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Limon Child Development Center 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, Limon Child Development Center generated $1.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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
HEAD START AND PRESCHOOL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD EDUCATION IN HEAD START
COLORADO PRESCHOOL PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Ferree Center Director | Officer | 40 | $61,049 |
Autumn Lorensen Fiscal Director | Officer | 40 | $58,708 |
Joel Albers President | Trustee | 1 | $0 |
Leesa Mccue Vice President | Trustee | 1 | $0 |
Kayla Ravenkamp Director | Trustee | 1 | $0 |
Jack Hendricks Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $894,012 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,081 |
| Noncash contributions included in lines 1a–1f | $15,034 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $986,093 |
| Total Program Service Revenue | $156,611 |
| Investment income | $3,792 |
| 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 | $1,347,539 |
| 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. | $133,578 |
| Compensation of current officers, directors, key employees. | $28,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $661,735 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $118,190 |
| Payroll taxes | $68,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,907 |
| Advertising and promotion | $450 |
| Office expenses | $0 |
| Information technology | $1,696 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,169 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,599 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,634 |
| Insurance | $23,103 |
| All other expenses | $83,036 |
| Total functional expenses | $1,328,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,132 |
| Savings and temporary cash investments | $15,912 |
| Pledges and grants receivable | $195,183 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,364 |
| Prepaid expenses and deferred charges | $9,919 |
| Net Land, buildings, and equipment | $891,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,441,516 |
| Accounts payable and accrued expenses | $240,541 |
| Grants payable | $0 |
| Deferred revenue | $69,025 |
| 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 | $216,012 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $525,578 |
| Net assets without donor restrictions | $915,938 |
| 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 | $1,441,516 |