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Olin Day Care Inc

Little Lion Learning Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421450391 ✦ Olin, IA ✦ Designated as a 501(c)(3)

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Overview

What is Olin Day Care Inc?

Olin Day Care Inc, also known as Little Lion Learning Center, is a nonprofit organization located at 206 Maple Street, PO Box 105, Olin, Iowa 52320. With a team of 28 dedicated individuals, this organization provides essential preschool and daycare services to children in the community. Their mission is centered around offering day care services and early educational opportunities to help children grow and develop in a nurturing environment. Through their services, they aim to contribute positively to the development and well-being of young children in the area.

Is Olin Day Care Inc legitimate?

Olin Day Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olin Day Care Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $41,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,002

For more financial information, click here

What is the mission statement of Olin Day Care Inc?

Olin Day Care Inc's mission revolves around providing day care services and preschool education for children. They are committed to ensuring the growth and development of young minds, offering a nurturing environment that caters to their academic and emotional needs. The organization's primary goal is to prepare children for their future by providing them with a solid foundation in learning and social skills. They strive to create a safe and engaging space where children can explore, learn, and grow at their own pace. Their services aim to support both parents and children, providing peace of mind and valuable educational experiences for the young learners.

What is the revenue of Olin Day Care Inc?

Olin Day Care Inc's revenue in 2024 was $415,627.

Who are the executives of Olin Day Care Inc and what are their salaries?

The average compensation at Olin Day Care Inc during 2024 was $11,245. There are 24 employees at Olin Day Care Inc.

Here are 8 key members and their salaries:


Trenda Secrist (Executive Director)
  • Compensation: $41,878
  • Related: $0
  • Other: $0
Walt Laetare (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Balicheck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Ahrendsen (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Tarbox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mckenzie Barber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Cress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Heim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Olin Day Care Inc?

Olin Day Care Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Olin Day Care Inc

Olin Day Care Inc, as per its mission, is dedicated to providing day care services and preschool education for children. This organization's primary focus is on nurturing and educating young minds, offering them a safe and stimulating environment for growth and development. By delivering these essential services, Olin Day Care Inc aims to contribute positively to the overall well-being and future prospects of the children it serves.

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Impact




October, 2024

Olin Day Care Inc plays a vital role in the Olin community by providing essential day care services and preschool education for children. Their programs foster early childhood development through quality care and educational experiences. By ensuring that children receive a solid foundation during their formative years, Olin Day Care Inc helps to promote social, emotional, and cognitive growth.

This impact extends beyond just the children; it also supports working families in the community by offering reliable childcare solutions. Parents can pursue their job responsibilities with peace of mind, knowing their children are in a nurturing and educational environment.

Furthermore, Olin Day Care Inc contributes to the overall well-being of the community by preparing children for future academic success and promoting healthy social interactions among peers. By addressing the needs of both children and families, Olin Day Care Inc fosters a supportive and thriving community atmosphere.




This information is meant to be a general summary of Olin Day Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$415,627 (2024)
Expenses
$376,053 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $956
  • Program Service Revenue: $373,368
  • Gross Receipts: $415,627

Assets and Liabilities:

  • Total Assets: $248,639
  • Total Liabilities: $73,952
  • Net Assets: $174,687

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DAYCARE FEES

Revenue

$281,798

STATE OF IOWA

Revenue

$74,696

CACFP INCOME

Revenue

$16,874

Organization Details

Founding Year

1995

Principal Officer

Walt Laetare

NTEE Category

Code: P33 - Human services

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