Civic Intelligence

Olin Day Care Inc Little Lion Learning Center

990 • Fiscal year 2019 • EIN 42-1450391

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 05, 2019

PO Box 105Olin, IA 52320-0105

(319) 484-4466

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.38x

Higher debt load relative to assets than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

0.40x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

51st percentile

3.9%

Higher net margin than 51% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$26,475

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

48th percentile

0.8%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$273,577

Up $2,206 (+0.8%) from 2018

Net Assets

Up

$170,546

Up $10,071 (+6.3%) from 2018

Liabilities

Down

$103,031

Down $7,865 (-7.1%) from 2018

Revenue

Up

$260,071

Up $31,631 (+14%) from 2018

Expenses

Up

$250,001

Up $16,107 (+6.9%) from 2018

Net Income

Up

$10,070

Up $15,524 (+285%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2012: $334,190Liabilities 2012: $142,972Net Assets 2012: $191,2182012Assets 2013: $310,972Liabilities 2013: $137,960Net Assets 2013: $173,0122013Assets 2014: $292,807Liabilities 2014: $133,181Net Assets 2014: $159,6262014Assets 2015: $289,302Liabilities 2015: $127,799Net Assets 2015: $161,5032015Assets 2016: $284,382Liabilities 2016: $122,189Net Assets 2016: $162,1932016Assets 2017: $282,504Liabilities 2017: $116,573Net Assets 2017: $165,9312017Assets 2018: $271,371Liabilities 2018: $110,896Net Assets 2018: $160,4752018Assets 2019: $273,577Liabilities 2019: $103,031Net Assets 2019: $170,5462019Assets 2020: $289,830Liabilities 2020: $95,793Net Assets 2020: $194,0372020Assets 2021: $312,531Liabilities 2021: $89,399Net Assets 2021: $223,1322021Assets 2022: $260,573Liabilities 2022: $82,224Net Assets 2022: $178,3492022Assets 2023: $248,639Liabilities 2023: $73,952Net Assets 2023: $174,6872023Assets 2024: $277,173Liabilities 2024: $62,912Net Assets 2024: $214,2612024Assets 2025: $219,381Liabilities 2025: $51,795Net Assets 2025: $167,5862025

Highlighted filing

2019

Assets$273,577
Liabilities$103,031
Net Assets$170,546

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $221,325Expenses 2012: $240,167Net Income 2012: -$18,8422012Revenue 2013: $179,716Expenses 2013: $197,922Net Income 2013: -$18,2062013Revenue 2014: $200,077Expenses 2014: $213,463Net Income 2014: -$13,3862014Revenue 2015: $232,971Expenses 2015: $231,094Net Income 2015: $1,8772015Revenue 2016: $242,358Expenses 2016: $242,232Net Income 2016: $1262016Revenue 2017: $234,682Expenses 2017: $231,509Net Income 2017: $3,1732017Revenue 2018: $228,440Expenses 2018: $233,894Net Income 2018: -$5,4542018Revenue 2019: $260,071Expenses 2019: $250,001Net Income 2019: $10,0702019Revenue 2020: $306,479Expenses 2020: $282,987Net Income 2020: $23,4922020Revenue 2021: $361,154Expenses 2021: $332,059Net Income 2021: $29,0952021Revenue 2022: $342,415Expenses 2022: $387,197Net Income 2022: -$44,7822022Revenue 2023: $337,567Expenses 2023: $341,229Net Income 2023: -$3,6622023Revenue 2024: $415,627Expenses 2024: $376,053Net Income 2024: $39,5742024Revenue 2025: $364,529Expenses 2025: $411,203Net Income 2025: -$46,6742025

Highlighted filing

2019

Revenue$260,071
Expenses$250,001
Net Income$10,070
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 5, 2019
Return Version
2018v3.1
Gross Receipts
$260,071
Mission and Program Overview

Mission

Providing day care services and preschool education for children

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$242,576$231,037▼ $11,539
Rtn Earn Endowment Incm Other Fnds$160,475$170,546▲ $10,071
Cash and Non-Interest-Bearing Accounts$28,795$42,540▲ $13,745
Total Assets$271,371$273,577▲ $2,206
Liabilities
Mortgage Notes Payable Secured by Investment Property$108,710$101,944▼ $6,766
Accounts Payable and Accrued Expenses$2,186$1,087▼ $1,099
Total Liabilities$110,896$103,031▼ $7,865
Net Assets / Fund Balance
Total Net Assets Fund Balance$160,475$170,546▲ $10,071
Total Liabilities and Net Assets / Fund Balance$271,371$273,577▲ $2,206

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$185,072$168,000$353,072
Equipment$15,948$42,477$58,425
Land$30,017-$30,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kayla RhumExecutive DirectorFT$26,475$26,475

Board Members and Trustees

NameTitle
Walt LaetarePresident
Rita BalicheckVice-president
Jill TjadenDirector
Karen TarboxDirector
Mckenzie BarberDirector
Tiffany JensenSecretary
Jodi AhrendsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,446
Program Service Revenue
$247,502
Investment Income
$123
Other Revenue
$0
All Other Contributions
$793
Change in Net Assets
$10,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$185,436
Other Expenses$64,565
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,147--$144,147
All Other Expenses$32,843--$32,843
Current Officers, Directors, Trustees, and Key Employees$26,475--$26,475
Payroll Taxes$14,814--$14,814
Depreciation Depletion$11,538--$11,538
Insurance$5,453--$5,453
Interest$5,332--$5,332
Other Expenses$4,202--$4,202
Office Expenses$1,908--$1,908
Fees for Services Accounting$1,400--$1,400
Fees for Services Legal$378--$378
Advertising$237--$237
Total Functional Expenses$250,001$0$0$250,001
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Olin Day Care Inc
EIN
42-1450391
Phone
3194844466
Address
PO BOX 105, OLIN, IA 52320-0105
Doing Business As
Little Lion Learning Center

Signing Officer

Name
Walt Laetare
Title
President
Signed
2019-12-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walt Laetare
Formed
1995
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
17

Preparer

Firm
John Louis Kuehnle
Address
PO Box 235, Mechanicsville, IA 52306-0235
Preparer
John Kuehnle
Phone
5634326221
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

SUPPLIES 4089

Form 990, Part IX, Line 24E

TELEPHONE 1353

Form 990, Part IX, Line 24E

TRAINING 377

Form 990, Part IX, Line 24E

UTILITIES 8141

Form 990, Part IX, Line 24E

INTEREST PENALTIES 12

Form 990, Part IX, Line 24E

MISCELLANEOUS 1468

Form 990, Part IX, Line 24E

FUNDRAISING COST 6065

Form 990, Part IX, Line 24E

CACFP COSTS 11338

Form 990, Part XI, Line 9

ROUNDING ADJUSTMENT 1

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01673
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08256
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt060471
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0104
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0153
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0635
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0104
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0153
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0207825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0223445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0221715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0231158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0191343
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01075486
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0104
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0140
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0132
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0635
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01184
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0325
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01936
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99770
IRS990ScheduleA/PublicSupportCY509Pct00.99770
IRS990ScheduleA/PublicSupportPY170Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal170Amt01135957
IRS990ScheduleA/PublicSupportTotal509Amt01135957
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0207825
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0223445
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0221715
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0231158
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0191343
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01075486
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0227152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0234507
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0241868
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0232831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0199599
IRS990ScheduleA/Total509Grp/TotalAmt01135957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0227152
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0234507
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0241868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0232831
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0199599
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01135957
IRS990ScheduleA/TotalSupportAmt01138528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0228440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0234682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0242358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0232971
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0200077
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01138528
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01184
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0350
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0325
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01936
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0185072
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0168000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0353072
IRS990ScheduleD/EquipmentGrp/BookValueAmt015948
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042477
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058425
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt030017
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0231037
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPLIES 4089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TELEPHONE 1353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAINING 377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES 8141
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTEREST PENALTIES 12
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS 1468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING COST 6065
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CACFP COSTS 11338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING ADJUSTMENT 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0271371

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.52$1.68$3.65$4.11$0.47
2024Summary only. Only limited summary data is available for this year.$2.77$0.63$2.14$4.16$3.76$0.40
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.74$1.75$3.38$3.41$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.82$1.78$3.42$3.87$0.45
2021Summary only. Only limited summary data is available for this year.$3.13$0.89$2.23$3.61$3.32$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$0.96$1.94$3.06$2.83$0.23
2019Detailed filing. Detailed filing data is available for this year.$2.74$1.03$1.71$2.60$2.50$0.10
2018Summary only. Only limited summary data is available for this year.$2.71$1.11$1.60$2.28$2.34$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$1.17$1.66$2.35$2.32$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.84$1.22$1.62$2.42$2.42$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.89$1.28$1.62$2.33$2.31$0.02
2014Summary only. Only limited summary data is available for this year.$2.93$1.33$1.60$2.00$2.13$0.13
2013Summary only. Only limited summary data is available for this year.$3.11$1.38$1.73$1.80$1.98$0.18
2012Summary only. Only limited summary data is available for this year.$3.34$1.43$1.91$2.21$2.40$0.19