2024-11-15T14:46:33-05:00 2023-12-31 204028013 HAGA KOMMER LTD 204 E MAIN ST MANDAN ND 58554 990 2023-01-01 854249341 LAKER PREP EARLY CHILDHOOD LAKE 2188443220 551 11TH AVE SE DETROIT LAKES MN 56501 ERIC ROTTER ASST DIR/BOARD MEMB 2188443220 2024-11-13 false LYNNELL RUDE CPA P00112623 7016639345 2024-11-13 2023 2024-10-15 13:58:12Z X ERIC ROTTER 551 11TH AVE SE DETROIT LAKES MN 56501 1355365 false X LAKERPREPPRESCHOOL.COM X 2022 MN DEDICATED TO THE CARE AND DEVELOPMENT OF CHILDREN 8 WEEKS TO 6 YEARS OLD. NURTURE AND INDIVIDUALIZE EARLY CHILDHOOD CARE AND LEARNING TO ACCOMODATE BOTH CHILD AND FAMILY NEEDS. 7 6 53 0 263976 1091216 0 173 1355365 0 0 1001734 0 5080 345465 1347199 8166 20526 240941 212249 20526 28692 X DEDICATED TO THE CARE AND DEVELOPMENT OF CHILDREN 8 WEEKS TO 6 YEARS OLD. NURTURE AND INDIVIDUALIZE EARLY CHILDHOOD CARE AND LEARNING TO ACCOMODATE BOTH CHILD AND FAMILY NEEDS. false false 1190240 1091216 LAKER PREP IS BECKER COUNTY'S LARGEST NON-PROFIT BASED CHILDCARE ORGANIZATION ADVOCATING FOR AND SERVING FAMILIES WITH HIGH QUALITY PROGRAMMING FOR CHILDREN AGES BIRTH TO FIVE. DEVELOPED TO FILL A GAP IN YEAR-ROUND, ALL-DAY CARE, LAKER PREP STARTED IN 2011 SERVING 10 FAMILIES AND QUICKLY EXPANDED TO ITS CURRENT LEVEL OF 90 FAMILIES. FOCUSED ON SERVING THE HEART OF ITS COMMUNITY, LAKER PREP EMBRACES DIVERSE ACCESS TO ITS WIDE RANGE OF SERVICES. CURRENTLY, 27% OF CHILDREN AT LAKER PREP RECEIVE SUBSIDIES, AND 25% OF ENROLLED CHILDREN IDENTIFY AS NON-WHITE. FAMILIES CURRENTLY SERVED ARE IN MANUFACTURING, EDUCATION, TRADES, RETAIL, TOURISM, GOVERNMENT, MEDICAL AND HUMAN SERVICES FIELDS. STANDING FIRM IN THE BELIEF THAT "BIG SUCCESS STARTS SMALL," LAKER PREP STAFF AND LEADERSHIP ARE DEVOTED TO PROVIDING MULTIPLE AVENUES TO THE QUALITY PROGRAMMING THAT REARS THE NEXT GENERATION OF KIND, SUCCESSFUL, AND THOUGHTFUL COMMUNITY LEADERS. PARTNERSHIPS WITH EXTERNAL SERVICE PROVIDERS ENSURE THAT CHILDREN WITH ALL LEVELS OF NEED WORK TOWARDS DEVELOPMENTAL MILESTONES AND MOVE INTO KINDERGARTEN WITH THE SKILLS NECESSARY TO BE SUCCESSFUL. TAKING A COMPREHENSIVE VIEW OF GROWING AND STABILIZING THE CHILDCARE INDUSTRY, LAKER PREP FOCUSES ON CHILDCARE ADVOCACY AND REFORM, ENGAGING IN REGIONAL AND STATEWIDE FORUMS, TASK FORCES, AND INITIATIVES. LAKER PREP DIRECTORS ARE ALSO COMMITTED TO MENTORING AND DEVELOPING THE NEXT COHORT OF CHILDCARE PRACTITIONERS. THEY PARTNER WITH THE LOCAL HIGH SCHOOL IN CREATING OPPORTUNITIES FOR STUDENTS TO EARN A CHILD DEVELOPMENT ASSOCIATE AND CURRENT LAKER PREP STAFF ARE SUPPORTED AND INCENTIVISED TO SEEK ADDITIONAL QUALIFICATIONS AND CERTIFICATIONS. INTEGRATING ITSELF IN THE NETWORK OF FAMILY FOCUSED COMMUNITY ORGANIZATIONS, LAKER PREP SUPPORTS AND PROVIDES COMMUNITY ACTIVITIES, EVENTS, AND RESOURCES TO THE AREA AS A WHOLE. AS SUPPORT FOR THE ORGANIZATION INCREASES, SO TOO WILL THE OFFERINGS FOR FAMILIES AROUND THE REGION. BIG SUCCESS FOR LAKER PREP MEANS BIG SUCCESS FOR THE COMMUNITY, AND IT ALL STARTS SMALL, WITH SUPPORT FROM FUNDERS, COMMUNITY MEMBERS, AND ALL THOSE WILLING TO INVEST IN THE FUTURE. 1190240 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false true false true false true false false false false false false false false false true 6 0 true 53 true false false false false false false false false false false false false false false X 7 6 true false false false false false false true true false false false true false false false false true true false MN X ERIC ROTTER 2188443220 551 11TH AVE SE DETROIT LAKES MN 56501 MARY ROTTER PROGRAM DIRE 40.00 X 50185 0 0 ERIC ROTTER ASST DIR/BOA 40.00 X X 44557 0 0 PETER JACOBSEN CHAIR 1.00 X X 0 0 0 JOSH HOCHGRABBER VICE CHAIR 1.00 X X 0 0 0 AMANDA HANSON TREAS/SECR 1.00 X X 0 0 0 ALISSA HOBAN BOARD MEMBER 1.00 X 0 0 0 JESSICA JOHNSON BOARD MEMBER 1.00 X 0 0 0 94742 false false false 164495 99481 263976 PROGRAM SERVICE REVENUE 611600 1091216 1091216 1091216 OTHER REVENUE 611600 173 173 173 1355365 1091389 94742 90112 4630 791150 788669 2481 12801 11533 1268 103041 92830 10211 6702 6702 2026 1776 250 1973 1973 143207 143207 5498 5498 15212 11407 3805 6071 6071 SUPPLIES 97432 80665 16567 200 SUPPLIES - FOOD 57692 57692 FIELD TRIPS 3054 3054 MEMBERSHIPS & SUBSCRIPTIO 2028 2028 4570 1183 3387 1347199 1190240 151879 5080 20526 26343 50236 90000 15212 74788 89574 20526 240941 5190 83490 25000 98569 0 212249 X 20526 28692 20526 28692 20526 240941 8166 X false true X true false X 263976 263976 1091389 1091389 1355365 1355365 1355365 1355365 1355365 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53500 9996 43504 36500 5216 31284 74788 ROU LEASE ASSET, NET 89574 89574 LEASE LIABILITY 92506 COMPENSATED ABSENCES PAYABLE 6063 98569 1355365 1355365 1355365 1347199 1347199 1347199 EQUIPMENT LOAN FOUNDER/EXEC DIR PURCHASE EQUIPMENT X 90000 83490 false true true 83490 ROTTER PROPERTIES LLC FOUNDERS/BOARD 27000 RENT OF FACILITY false ROTTER PROPERTIES LLC FOUNDERS/BOARD 45360 RENT OF FACILITY false LAKER PREP PRESCHOOL INC FOUNDERS/BOARD 11454 EQUIPMENT LOAN false SCHEDULE L, PART V ERIC & MARY ROTTER, FOUNDERS OF THE ORGANIZATION, ARE OWNERS OF ROTTER PROPERTIES, LLC. ROTTER PROPERTIES, LLC OWNS THE EARLY CHILDHOOD SITE IN DETROIT LAKES, MN. THIS IS A MONTH-TO-MONTH AGREEMENT FOR 3,780 PER MONTH. ROTTER PROPERTIES, LLC ALSO OWNS THE PRESCHOOL SITE IN DETROIT LAKES, MN. THIS IS A 5 YEAR NONCANCELABLE LESAE RECORDED ON THE FINANCIALS AS AN OPERATING LEASE. MONTLY PAYMENTS ON THIS LEASE ARE 2,250. ERIC & MARY ROTTER, FOUNDERS OF THE ORGANIZATION, ARE ALSO SHAREHOLDERS IN LAKER PREP PRESCHOOL, AN S-CORPORATION UNDER WHICH THEY OPERATED A DAYCARE/PRESCHOOL THROUGH DECEMBER 2022. THE S-CORPORATION SOLD ALL EQUIPMENT TO LAKER PREP EARLY CHILDHOOD AT ITS INCEPTION IN DECEMBER 2022. A DETAIL INVENTORY OF EQUIPMENT SOLD WAS CREATED AND SOLD AT FAIR MARKET VALUE TO THE NON-PROFIT ORGANIZATION FOR 90,000. THE S-CORPORATION FINANCED THE SALE WITH A 5%, 120 MONTH LOAN, WITH PAYMENTS OF 955/MONTH. FORM 990, PAGE 2, PART III, LINE 4A LAKER PREP IS BECKER COUNTY'S LARGEST NON-PROFIT BASED CHILDCARE ORGANIZATION ADVOCATING FOR AND SERVING FAMILIES WITH HIGH QUALITY PROGRAMMING FOR CHILDREN AGES BIRTH TO FIVE. DEVELOPED TO FILL A GAP IN YEAR-ROUND, ALL-DAY CARE, LAKER PREP STARTED IN 2011 SERVING 10 FAMILIES AND QUICKLY EXPANDED TO ITS CURRENT LEVEL OF 90 FAMILIES. FOCUSED ON SERVING THE HEART OF ITS COMMUNITY, LAKER PREP EMBRACES DIVERSE ACCESS TO ITS WIDE RANGE OF SERVICES. CURRENTLY, 27% OF CHILDREN AT LAKER PREP RECEIVE SUBSIDIES, AND 25% OF ENROLLED CHILDREN IDENTIFY AS NON-WHITE. FAMILIES CURRENTLY SERVED ARE IN MANUFACTURING, EDUCATION, TRADES, RETAIL, TOURISM, GOVERNMENT, MEDICAL AND HUMAN SERVICES FIELDS. STANDING FIRM IN THE BELIEF THAT "BIG SUCCESS STARTS SMALL," LAKER PREP STAFF AND LEADERSHIP ARE DEVOTED TO PROVIDING MULTIPLE AVENUES TO THE QUALITY PROGRAMMING THAT REARS THE NEXT GENERATION OF KIND, SUCCESSFUL, AND THOUGHTFUL COMMUNITY LEADERS. PARTNERSHIPS WITH EXTERNAL SERVICE PROVIDERS ENSURE THAT CHILDREN WITH ALL LEVELS OF NEED WORK TOWARDS DEVELOPMENTAL MILESTONES AND MOVE INTO KINDERGARTEN WITH THE SKILLS NECESSARY TO BE SUCCESSFUL. TAKING A COMPREHENSIVE VIEW OF GROWING AND STABILIZING THE CHILDCARE INDUSTRY, LAKER PREP FOCUSES ON CHILDCARE ADVOCACY AND REFORM, ENGAGING IN REGIONAL AND STATEWIDE FORUMS, TASK FORCES, AND INITIATIVES. LAKER PREP DIRECTORS ARE ALSO COMMITTED TO MENTORING AND DEVELOPING THE NEXT COHORT OF CHILDCARE PRACTITIONERS. THEY PARTNER WITH THE LOCAL HIGH SCHOOL IN CREATING OPPORTUNITIES FOR STUDENTS TO EARN A CHILD DEVELOPMENT ASSOCIATE AND CURRENT LAKER PREP STAFF ARE SUPPORTED AND INCENTIVISED TO SEEK ADDITIONAL QUALIFICATIONS AND CERTIFICATIONS. INTEGRATING ITSELF IN THE NETWORK OF FAMILY FOCUSED COMMUNITY ORGANIZATIONS, LAKER PREP SUPPORTS AND PROVIDES COMMUNITY ACTIVITIES, EVENTS, AND RESOURCES TO THE AREA AS A WHOLE. AS SUPPORT FOR THE ORGANIZATION INCREASES, SO TOO WILL THE OFFERINGS FOR FAMILIES AROUND THE REGION. BIG SUCCESS FOR LAKER PREP MEANS BIG SUCCESS FOR THE COMMUNITY, AND IT ALL STARTS SMALL, WITH SUPPORT FROM FUNDERS, COMMUNITY MEMBERS, AND ALL THOSE WILLING TO INVEST IN THE FUTURE. FORM 990, PAGE 6, PART VI, LINE 2 MARY ROTTER ERIC ROTTER PROGRAM DIR BD/ASST DIR MARRIED/FOUNDERS FORM 990, PAGE 6, PART VI, LINE 11B THE ASSISTANT DIRECTOR WILL REVIEW THE RETURN PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE DIRECTOR AND ASSISTANT DIRECTOR WAS MARKET RESEARCH OF CURRENT OPENINGS IN AND AROUND THE STATE OF MN WITH CHILDCARES OF SIMILAR SIZES. IT WAS CONDUCTED BY THE ASSISTANT DIRECTOR AND PRESENTED TO THE BOARD FOR REVIEW AND INPUT. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING COMPENSATION FOR THE DIRECTOR AND ASSISTANT DIRECTOR WAS MARKET RESEARCH OF CURRENT OPENINGS IN AND AROUND THE STATE OF MN WITH CHILDCARES OF SIMILAR SIZES. IT WAS CONDUCTED BY THE ASSISTANT DIRECTOR AND PRESENTED TO THE BOARD FOR REVIEW AND INPUT. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST TO OFFICE OR BOARD.