Nonprofit · EIN 41-0958652
LACRECHE EARLY CHILDHOOD CENTERS INC
Tax-exempt · MINNEAPOLIS, MN 55411
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,665,245 | $1,832,166 | -$166,921 | $918,588 | $91,793 | $826,795 |
| December 31, 2023 | 990 | $1,892,553 | $1,723,364 | $169,189 | $1,067,713 | $73,997 | $993,716 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $110,899
- Program service revenue
- $1,538,526
- Investment income
- $5,820
- Net rental income
- $10,000
- Other revenue
- $10,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,950
- Other salaries and wages
- $692,051
- Salaries, compensation and benefits (total)
- $920,575
- Professional fundraising fees
- $0
- Accounting fees
- $27,153
- Occupancy
- $186,830
- Travel
- $98,344
- Depreciation
- $52,889
- Program services (functional)
- $1,399,686
- Management and general (functional)
- $432,480
Balance sheet and other
- Total assets, start of year
- $1,067,713
- Total assets, end of year
- $918,588
- Total liabilities, end of year
- $91,793
- Net assets, end of year
- $826,795
- Land, buildings and equipment
- $460,855
- Net assets without donor restrictions
- $826,795
- Gross receipts
- $1,665,245
- Employees
- 31
- Volunteers
- 17
- Year formed
- 1969
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Phyllis Sloan | Executive Director Officer | 40 | $105,450 | $10,500 |
| Jo Wanner | Accountant Officer | 17 | $44,070 | $0 |
| Gretchen Hengemuhle | Board Chair Trustee or director, Officer | 1 | $0 | $0 |
| Cal Christensen | Board Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Elbert R Ross | Board Secretary Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Phyllis Sloan | Executive Director Officer | 40 | $108,345 | $10,292 |
| Jo Wanner | Accountant Officer | 17 | $43,776 | $0 |
| Gretchen Hengemuhle | Board Chair Trustee or director, Officer | 1 | $0 | $0 |
| Cal Christensen | Board Treasurer Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1800 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55411-3835
- Principal officer (990 for 2024)
- Phyllis Sloan, 1800 Olson Memorial Highway, Minneapolis, MN 55411
- Signed the 990
- Phyllis Sloan, Executive Director
- Phone
- (612) 377-1786
- Website
- www.lacrechekids.org
- Return prepared by
- BWK Rogers PC
Mission
To operate daycare service programs for children up to 12 years of age in low to moderate income families.
Program accomplishments
- To provide childcare services for low to moderate income families, ages 6 weeks to 12 years old, and to promote school readiness by assisting parents in meeting the developmental needs of their children.Expenses $1,399,686 · revenue $1,548,526
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0958652
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $918,588
- Income (IRS master file)
- $1,665,245
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,665,245 | $1,832,166 | $918,588 | IRS |
| 990 | December 2023 | $1,892,553 | $1,723,364 | $1,067,713 | XML |
| 990 | December 2022 | $1,509,964 | $1,535,252 | $884,048 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0958652).
Questions about LACRECHE EARLY CHILDHOOD CENTERS INC
- What is the EIN of LACRECHE EARLY CHILDHOOD CENTERS INC?
- The employer identification number (EIN) of LACRECHE EARLY CHILDHOOD CENTERS INC is 41-0958652.
- Is LACRECHE EARLY CHILDHOOD CENTERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to LACRECHE EARLY CHILDHOOD CENTERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LACRECHE EARLY CHILDHOOD CENTERS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LACRECHE EARLY CHILDHOOD CENTERS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LACRECHE EARLY CHILDHOOD CENTERS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LACRECHE EARLY CHILDHOOD CENTERS INC?
- The 990 for the year ended December 31, 2024 names Phyllis Sloan.
- Who are the officers and directors of LACRECHE EARLY CHILDHOOD CENTERS INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $105,450 (Phyllis Sloan, Executive Director).
- How much revenue does LACRECHE EARLY CHILDHOOD CENTERS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,665,245, expenses of $1,832,166 and total assets of $918,588 at year end.
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