Small World Of Joy is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Small World Of Joy 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, Small World Of Joy generated $66.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $64.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED CHILD CARE SERVICE TO LOCAL PARENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sang Young Shin CEO | 0 | $0 | |
Seoung Young Shin CFO | 40 | $0 | |
Seoung Young Shin Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $66,713 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $66,713 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,630 |
Professional fees and other payments to independent contractors | $1,220 |
Occupancy, rent, utilities, and maintenance | $23,658 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $25,988 |
Total expenses | $64,496 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,865 |
Other assets | $0 |
Total assets | $35,944 |
Total liabilities | $30,642 |
Net assets or fund balances | $5,302 |