Little Imaginations Inc is located in Hoover, AL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Imaginations 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 12/2022, Little Imaginations Inc generated $161.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $178.9k during the year ending 12/2022. 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
LITTLE IMAGINATIONS, INC, PROVIDES A PRESCHOOL PROGRAM FOR CHILDREN AGES SIX MONTHS TO FOUR YEARS. IT OPERATES AS A MISSION OF BLUFF PARK UNITED METHODIST CHURCH. IN 2022, THE PRESCHOOL SERVED 60 CHILDREN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Starling Chair, Board Of Directors | 1 | $0 | |
Becky Mccrary Vice-Chair, Board Of Direc | 1 | $0 | |
Kristen Breiner Director | 1 | $0 | |
Keri Trousdale Director | 1 | $0 | |
Holly Turner Secretary, Director | 1 | $0 | |
Meredith Carpenter Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,840 |
| Total Program Service Revenue | $148,378 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,218 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $158,101 |
| Professional fees and other payments to independent contractors | $1,064 |
| Occupancy, rent, utilities, and maintenance | $9,780 |
| Printing, publications, postage, and shipping | $4,910 |
| Other expenses | $5,033 |
| Total expenses | $178,888 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,765 |
| Other assets | $0 |
| Total assets | $103,022 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,022 |