Learning Avenues Child Care Centers
- Assets
- $1.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 17
- Location
- Vancouver, WA
- Founding
- 03/1970
- Data as of
- 06/2022
- EIN
- 91-0846338
Organization Overview
Learning Avenues Child Care Centers is located in Vancouver, WA. The organization was established in 1970. 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 06/2022, Learning Avenues Child Care Centers employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Avenues Child Care Centers 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 06/2022, Learning Avenues Child Care Centers generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $883.1k during the year ending 06/2022. While expenses have increased by 5.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY CHILD CARE AVAILABLE TO FAMILIES IN NEED OF SOCIAL, EMOTIONAL, AND/OR FINANCIAL ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF CHILD CARE SERVICES FOR CHILDREN OF AGES 2 1/2 - 12 OF ALL INCOME LEVELS. ENROLLMENT VARIED MONTHLY, BUT APPROX. 1,076 CHILDREN RECEIVED SERVICES MONTHLY AT THE VARIOUS SITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Kane Secretary | OfficerTrustee | 1 | $0 |
Brian Fleetwood Treasurer | OfficerTrustee | 1 | $0 |
Cindi Stariha Board Member | Trustee | 1 | $0 |
Michael Morrill Vice-President | OfficerTrustee | 1 | $0 |
Rebecca Lovincey President | OfficerTrustee | 1 | $0 |
Tony Ruestig Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,795 |
| Related organizations | $0 |
| Government grants | $957,425 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,594 |
| Noncash contributions included in lines 1a–1f | $83,874 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,056,814 |
| Total Program Service Revenue | $221,627 |
| Investment income | $1,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,356 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,301,770 |
| 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. | $54,124 |
| Compensation of current officers, directors, key employees. | $27,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $433,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,563 |
| Payroll taxes | $42,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,920 |
| Advertising and promotion | $5,360 |
| Office expenses | $459 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,364 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,102 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,405 |
| Insurance | $2,889 |
| All other expenses | $7,743 |
| Total functional expenses | $883,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $824,679 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $66,211 |
| 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 | $2,616 |
| Prepaid expenses and deferred charges | $18,398 |
| Net Land, buildings, and equipment | $96,757 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,008,661 |
| Accounts payable and accrued expenses | $9,832 |
| 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 | $0 |
| Total liabilities | $9,832 |
| Net assets without donor restrictions | $829,614 |
| Net assets with donor restrictions | $169,215 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,008,661 |