Blue Lake Pre School Inc
- Assets
- $2.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 57
- Location
- Carbondale, CO
- Founding
- 10/2000
- Data as of
- 12/2023
- EIN
- 84-1544750
Organization Overview
Blue Lake Pre School Inc is located in Carbondale, CO. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2023, Blue Lake Pre School Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Lake Pre School 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 12/2023, Blue Lake Pre School Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 8.0% 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
TO PROVIDE QUALITY CHILDCARE FOR CHILDREN AGES 6 WEEKS TO 12 YEARS OLD. THE ORGANIZATION CURRENTLY HAS 2 LOCATIONS, AND IS EXPANDING THE PROGRAM BY OPENING A NEW CENTER IN BASALT, AND EXPANDING THE CENTER IN CARBONDALE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDCARE SERVICES PROVIDED TO CHILDREN AGES 6 WEEKS THROUGH 8 YEARS, WITH INFANT, TODDLER, PRESCHOOL, PRE-K, AND AFTER-SCHOOL PROGRAMS. AVERAGE DAILY NUMBER OF CHILDREN ENROLLED DURING 2023 WAS 149.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Oger Executive Director | 40 | $138,874 | |
Savanna Mylott Key Employee | Officer | 40 | $112,888 |
Jenny Sauer President | OfficerTrustee | 2 | $0 |
Angie Davlyn Vice President | OfficerTrustee | 1 | $0 |
Catherine Christoff Secretary | OfficerTrustee | 1 | $0 |
Dan Sohner Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,369 |
| Related organizations | $0 |
| Government grants | $244,789 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,041 |
| Noncash contributions included in lines 1a–1f | $4,574 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,199 |
| Total Program Service Revenue | $2,387,272 |
| Investment income | $28,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $43,329 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,837,507 |
| 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. | $262,069 |
| Compensation of current officers, directors, key employees. | $26,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,502,341 |
| Pension plan accruals and contributions | $30,728 |
| Other employee benefits | $168,138 |
| Payroll taxes | $161,999 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,959 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,235 |
| Advertising and promotion | $1,129 |
| Office expenses | $3,734 |
| Information technology | $3,405 |
| Royalties | $0 |
| Occupancy | $103,250 |
| Travel | $1,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,003 |
| Interest | $26,723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,908 |
| Insurance | $17,936 |
| All other expenses | $170,494 |
| Total functional expenses | $2,640,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,749 |
| Savings and temporary cash investments | $945,447 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$29,539 |
| 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 | $28,718 |
| Net Land, buildings, and equipment | $1,475,789 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $2,475,164 |
| Accounts payable and accrued expenses | $24,428 |
| 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 | $688,984 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $713,412 |
| 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 | $1,761,752 |
| Total liabilities and net assets/fund balances | $2,475,164 |