Learning Grove Inc

Organization Overview

Learning Grove Inc is located in Covington, KY. The organization was established in 1977. 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 12/2021, Learning Grove Inc employed 391 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Grove 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 12/2021, Learning Grove Inc generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $16.2m during the year ending 12/2021. While expenses have increased by 9.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE ADVANCE THE SUCCESS OF YOUNG CHILDREN BY PARTNERING WITH FAMILIES, PROFESSIONALS AND THE COMMUNITY THROUGH EXEMPLARY SERVICES, TRAINING, RESEARCH AND ADVOCACY. WE ACCOMPLISH OUR MISSION WITHIN A CULTURE OF INNOVATION, COLLABORATION AND SHARED LEADERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING CHILD CARE SERVICES TO WORKING PARENTS, THE MAJORITY OF WHICH HAVE LOW INCOME. PROVIDING CHILD CARE SERVICES FOR SCHOOL AGE CHILDREN, AFTER SCHOOL AND DURING THE SUMMER. VISITATION FOR YOUNG, AT-RISK PARENTS. CHILD CARE PROVIDED BY INDIVIDUALS IN THEIR HOMES. SERVICE LEARNING, TRAINING AND GROWING SOUND, ADVOCACY AND RESEARCH, AND NAVIGO.


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Board, Officers & Key Employees

Name (title)Compensation
Shannon Starkey - Taylor
Chief Executive Officer
$167,963
Patricia Gleason
Chief Operating Officer
$167,294
Rene Cheatham
Chief Financial Officer
$116,516
Josh Ruth
Treasurer
$0
Shawntay Mallory
Secretary
$0
Lori Zombek
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ellenbee Legget
Food And Supplies
$137,884
Deskey Associates
Advertising
$120,218
Distinctive Dining
Food Catering
$174,948
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$538,397
Membership dues$0
Fundraising events$147,045
Related organizations$0
Government grants $3,309,063
All other contributions, gifts, grants, and similar amounts not included above$1,318,498
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,313,003
Total Program Service Revenue$8,963,626
Investment income $27,946
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,800
Net Gain/Loss on Asset Sales $701,961
Net Income from Fundraising Events $14,515
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,031,851

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Learning Grove Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Tas Foundation

Cincinnati, OH

PURPOSE: TO FURTHER ORGANIZATION'S EXEMPT PURPOSE.

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$618,143
Ending Balance$618,143

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