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Lollys Place Inc

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

EIN: 473945575 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Lollys Place Inc?

Lollys Place Inc, situated in Saint Louis, Missouri, is a nonprofit organization dedicated to supporting academically challenged children. With a diverse student body, they aim to bridge the achievement gap through individualized tutoring and enrichment programs. Their offerings extend beyond academics, including art, yoga, mindfulness, cooking, and outdoor exploration classes. Lollys Place serves students with various obstacles, such as learning disabilities, insufficient educational support, or language barriers, encouraging a love for learning and fostering confidence. Historically, around 80% of their students have demonstrated notable improvements in their reading levels. The organization operates year-round, with programming running from September to May and summer sessions in June and July. With a team of 14 employees, Lollys Place strives to make its services accessible to students from diverse backgrounds through scholarship opportunities.


Official website here: www.lollysplace.org

Is Lollys Place Inc legitimate?

Lollys Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lollys Place 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: $0
Professional Fundraising Fees: $3,755
Other Salaries and Wages: $178,238

For more financial information, click here


Official website here: www.lollysplace.org

What is the mission statement of Lollys Place Inc?

Lolly's Place Inc. is a literacy-focused after-school program that provides tutoring and enrichment activities for children who require additional academic support. The organization offers one-on-one and small group tutoring, as well as classes in art, yoga, mindfulness, cooking, and outdoor exploration. Their academic year programming runs from September to May, Monday through Thursday, from 3 to 6 pm. They also offer summer programs in June and July. The mission of Lolly's Place is to foster a love of learning and help students achieve academic success, designing lesson plans to cater to each student's unique learning style. Historically, 80% of students have shown significant improvements in their reading levels. Lolly's Place welcomes children of all academic abilities, ethnicities, faiths, and socioeconomic backgrounds, valuing diversity and striving to maintain a diverse student body, staff, and volunteer force.


Official website here: www.lollysplace.org

Who is the CEO of Lollys Place Inc?

Peter Palumbo is the President of Lollys Place Inc.


Official website here: www.lollysplace.org

What is the revenue of Lollys Place Inc?

Lollys Place Inc's revenue in 2023 was $206,738.


Official website here: www.lollysplace.org

Who are the executives of Lollys Place Inc and what are their salaries?

The average compensation at Lollys Place Inc during 2023 was $12,731. There are 14 employees at Lollys Place Inc.


Here are 10 key members and their salaries:


Mary Pat Gallagher (Board Memberexecutive Direct)
  • Compensation: $45,850
  • Related: $0
  • Other: $0
Sherley Moran (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne-Marie Moreno (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabel Siedband (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Diehr (Board Memberlegal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenisha Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Palumbo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Basuino (Treasureradviser)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Fentress (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lollysplace.org

Where can I find the form 990 for Lollys Place Inc?

Lollys Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lollysplace.org

Learn more at the official website: www.lollysplace.org

Mission Statement of Lollys Place Inc

Lolly's Place Inc, a literacy-focused organization, is dedicated to providing after-school tutoring and enrichment programs for children who require additional academic and mentoring support. The nonprofit offers one-on-one and small group tutoring sessions, complemented by art, yoga and mindfulness, cooking, and outdoor exploration classes. Their academic year programming runs from September to May, Monday through Thursday, from 3 to 6 pm. During the summer months of June and July, they also provide engaging summer programs. Lolly's Place aims to foster a genuine love of learning in its students and help them achieve academic success. By designing lesson plans tailored to each student's unique learning style, the organization strives to boost their confidence and close their achievement gap. Historically, approximately 80% of the students have demonstrated significant improvement, advancing at least two reading levels. Lolly's Place welcomes children from diverse backgrounds, regardless of their academic abilities, ethnicities, faiths, or socioeconomic status. The nonprofit values diversity and actively works towards cultivating a diverse student body, staff, and volunteer force.

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Impact




October, 2024

Lollys Place Inc. significantly contributes to the educational landscape by providing essential tutoring and enrichment programs tailored to the needs of children facing various academic challenges. By offering individualized and small group tutoring, along with engaging activities such as art, yoga, mindfulness, cooking, and outdoor exploration, Lollys Place fosters a holistic approach to learning.

The program not only addresses academic gaps—particularly in literacy—but also nurtures a love for learning among students. Historically, 80% of participants have achieved notable improvements, advancing at least two reading levels during their time at Lollys Place. This outcome reflects the organization's commitment to personalizing education and building student confidence, which is crucial for academic success.

Lollys Place serves as a safe and inclusive environment where diversity is valued, welcoming children from varied backgrounds, including those with learning disabilities, language barriers, and insufficient educational support. By intentionally cultivating a diverse community, the program enhances the educational experience for all participants.

Ultimately, Lollys Place Inc. not only improves academic performance but also equips students with vital life skills and emotional resilience, ensuring they are better prepared to succeed both in school and beyond. Through its dedicated service to the community, Lollys Place plays a pivotal role in closing the achievement gap and fostering an inclusive atmosphere that celebrates learning.




This information is meant to be a general summary of Lollys Place 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
$206,738 (2023)
Expenses
$312,267 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $410
  • Program Service Revenue: $89,183
  • Gross Receipts: $223,676

Assets and Liabilities:

  • Total Assets: $52,708
  • Total Liabilities: $8,218
  • Net Assets: $44,490

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Programs

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

Tuition

Revenue

$19,683

Program Income

Revenue

$69,500

Organization Details

Founding Year

2015

Principal Officer

Peter Palumbo

Main Address

1115 S Florissant Road, Saint Louis, MO, 63121

NTEE Category

Code: B90 - Education

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