Jacobs Ladder Learning Center Inc
- Assets
- $348.8k
- Revenue
- $147.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Vicksburg, MS
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 64-0931889
Organization Overview
Jacobs Ladder Learning Center Inc is located in Vicksburg, MS. The organization was established in 2001. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Jacobs Ladder Learning Center Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacobs Ladder Learning Center 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, Jacobs Ladder Learning Center Inc generated $147.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $110.6k during the year ending 12/2021. While expenses have increased by 2.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEACHING DISADVANTAGED CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHES DISADVANTAGED CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Busby Director/teacher | Trustee | 40 | $6,807 |
Amanda Grimshell Asst. Teacher | Trustee | 20 | $3,333 |
Kathy Conway President | OfficerTrustee | 10 | $0 |
Michael Mathews Treasurer | Officer | 5 | $0 |
Becki Bolm Vice-President | Officer | 5 | $0 |
Alice Hebler Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,145 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,145 |
| Total Program Service Revenue | $48,928 |
| Investment income | $191 |
| 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 | $147,264 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,840 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $542 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,997 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,035 |
| Insurance | $8,993 |
| All other expenses | $0 |
| Total functional expenses | $110,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,982 |
| Savings and temporary cash investments | $198,665 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $75,889 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300 |
| Total assets | $348,836 |
| Accounts payable and accrued expenses | $0 |
| 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 | $922 |
| Total liabilities | $922 |
| Net assets without donor restrictions | $0 |
| 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 | $347,914 |
| Total liabilities and net assets/fund balances | $348,836 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jacobs Ladder Learning Center Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Love Tank Foundation Vicksburg, MS PURPOSE: SPECIAL NEEDS ADVANCEMENT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The Children Of Mississippi Inc Flowood, MS | $32,913,948 | $30,247,963 |
Lausanne Collegiate School Memphis, TN | $29,785,379 | $21,342,655 |
Southwest Louisiana Charter Academy Foundation Inc Lake Charles, LA | $44,512,602 | $16,859,571 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Washington County Opportunities Inc Greenville, MS | $2,892,910 | $12,059,595 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
D Arbonne Woods Charter School Inc Farmerville, LA | $29,772,897 | $12,075,907 |
The New School Fayetteville, AR | $39,755,955 | $6,395,577 |
Success Preparatory Academy New Orleans, LA | $2,439,777 | $7,661,479 |
Sumter County Opportunities Inc Livingston, AL | $567,206 | $6,863,023 |
Greenwood Leflore Educational Foundation Inc Greenwood, MS | $27,528,848 | $8,465,587 |
Community Development Incorporation Richton, MS | $2,775,951 | $7,052,817 |