Civic Intelligence

Learning Lamb Early Development Center

990EZ • Fiscal year 2020 • EIN 83-1469976

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

4601 Emory LaneCharlotte, NC 28211

(330) 962-4306

Siviq Scores

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

Liabilities / Assets

99th percentile

18.50x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

2.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

17th percentile

-32%

Higher net margin than 17% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$25,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 59.9% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

23rd percentile

-15%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

41%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$6,593

Down $1,161 (-15%) from 2019

Net Assets

Down

-$115,407

Down $13,517 (-13%) from 2019

Liabilities

Up

$122,000

Up $12,356 (+11%) from 2019

Revenue

Up

$41,731

Up $12,061 (+41%) from 2019

Expenses

Down

$55,248

Down $49,980 (-47%) from 2019

Net Income

Up

-$13,517

Up $62,041 (+82%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2019: $7,754Liabilities 2019: $109,644Net Assets 2019: -$101,8902019Assets 2020: $6,593Liabilities 2020: $122,000Net Assets 2020: -$115,4072020Assets 2021: $52,279Liabilities 2021: $123,566Net Assets 2021: -$71,2872021Assets 2022: $58,843Liabilities 2022: $90,981Net Assets 2022: -$32,1382022

Highlighted filing

2020

Assets$6,593
Liabilities$122,000
Net Assets-$115,407

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $29,670Expenses 2019: $105,228Net Income 2019: -$75,5582019Revenue 2020: $41,731Expenses 2020: $55,248Net Income 2020: -$13,5172020Revenue 2021: $78,331Expenses 2021: $34,211Net Income 2021: $44,1202021Revenue 2022: $242,424Expenses 2022: $203,277Net Income 2022: $39,1472022

Highlighted filing

2020

Revenue$41,731
Expenses$55,248
Net Income-$13,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Gross Receipts
$41,731
Mission and Program Overview

Mission

To provide holistic education to all children we serve, while providing them with a foundation for the future.

Program Services

DescriptionGrantsExpenses
THE LEARNING LAMB EARLY DEVELOPMENT CENTER IS A LICENSED CENTER THAT VALUES PROVIDING A SAFE, NURTURING AND DEVELOPMENTALLY APPROPRIATE PROGRAM, WHICH FOSTERS ACTIVE LEARNING, SUPPORT FOR THE WHOLE CHILD AND A WELCOMING INCLUSIVE ENVIRONMENT. IT PROVIDES YEAR-ROUND PROGRAMS OFFERED TO TODDLERS (AGE 2.5-3 YEARS), PRE-K (AGE 4-5 YEARS), BEFORE & AFTER CARE (5-12 YEARS) AND SUMMER CAMP (5-12 YEARS).-$50,620
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DIAMON GRENVILLECenter DirecFT$25,000-$25,000
RYAN HODGINSPresident-$0--
MALCOLMNETTE GREENSecretary-$0--
KEVIN SHAWVice Preside-$0--
PAOLA ALVAREZTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Learning Lamb Early Development
EIN
83-1469976
Phone
3309624306
Address
4601 EMORY LANE, CHARLOTTE, NC 28211

Signing Officer

Name
Paola Alvarez
Title
Treasurer
Phone
3309624306
Signed
2021-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Cline Brandt Kochenower & Co Pa
Address
1225 W FLOYD BAKER BLVD, GAFFNEY, SC 29341
Preparer
Timothy S Blake Cpapfs
Phone
8644897121
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other income - sba eidl grant 5,000 total 5,000

Form 990-ez, Part I, Line 16

Expenses advertising and promotion exp 279 office supplies 1,252 job supplies 383 daycare supplies 715 other business 1,335 taxes 662 depreciation expense 521 non-investment depreciation 521 total 5,668

Form 990-ez, Part II, Line 24

Leasehold improvements 5,480 5,480 less accumulated depreciation 274 795 total 5,206 4,685

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 144 0 unsecured notes and loans payable 109,500 122,000

Form 990-ez, Part III

To provide holistic education to all children we serve, while providing them with a foundation for the future.

Form 990-ez, Part III, Line 28

The learning lamb early development center is a licensed center that values providing a safe, nurturing and developmentally appropriate program, which fosters active learning, support for the whole child and a welcoming inclusive environment. It provides year-round programs offered to toddlers (age 2.5-3 years), pre-k (age 4-5 years), before & after care (5-12 years) and summer camp (5-12 years).

Raw XML Appendix144 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0RYAN HODGINS
CompensationExplanation/CompensationExplanationGrp/PersonNm1MALCOLMNETTE GREEN
CompensationExplanation/CompensationExplanationGrp/PersonNm2KEVIN SHAW
CompensationExplanation/CompensationExplanationGrp/PersonNm3PAOLA ALVAREZ
CompensationExplanation/CompensationExplanationGrp/PersonNm4DIAMON GRENVILLE
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IRS990EZ/BooksInCareOfDetail/PersonNm0PAOLA ALVAREZ
IRS990EZ/BooksInCareOfDetail/PhoneNum03309624306
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OtherRevenueTotalAmt05000
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IRS990EZ/ProgramServiceRevenueAmt036731
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE LEARNING LAMB EARLY DEVELOPMENT CENTER IS A LICENSED CENTER THAT VALUES PROVIDING A SAFE, NURTURING AND DEVELOPMENTALLY APPROPRIATE PROGRAM, WHICH FOSTERS ACTIVE LEARNING, SUPPORT FOR THE WHOLE CHILD AND A WELCOMING INCLUSIVE ENVIRONMENT. IT PROVIDES YEAR-ROUND PROGRAMS OFFERED TO TODDLERS (AGE 2.5-3 YEARS), PRE-K (AGE 4-5 YEARS), BEFORE & AFTER CARE (5-12 YEARS) AND SUMMER CAMP (5-12 YEARS).
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME - SBA EIDL GRANT 5,000 TOTAL 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION EXP 279 OFFICE SUPPLIES 1,252 JOB SUPPLIES 383 DAYCARE SUPPLIES 715 OTHER BUSINESS 1,335 TAXES 662 DEPRECIATION EXPENSE 521 NON-INVESTMENT DEPRECIATION 521 TOTAL 5,668
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEASEHOLD IMPROVEMENTS 5,480 5,480 LESS ACCUMULATED DEPRECIATION 274 795 TOTAL 5,206 4,685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 144 0 UNSECURED NOTES AND LOANS PAYABLE 109,500 122,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE HOLISTIC EDUCATION TO ALL CHILDREN WE SERVE, WHILE PROVIDING THEM WITH A FOUNDATION FOR THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LEARNING LAMB EARLY DEVELOPMENT CENTER IS A LICENSED CENTER THAT VALUES PROVIDING A SAFE, NURTURING AND DEVELOPMENTALLY APPROPRIATE PROGRAM, WHICH FOSTERS ACTIVE LEARNING, SUPPORT FOR THE WHOLE CHILD AND A WELCOMING INCLUSIVE ENVIRONMENT. IT PROVIDES YEAR-ROUND PROGRAMS OFFERED TO TODDLERS (AGE 2.5-3 YEARS), PRE-K (AGE 4-5 YEARS), BEFORE & AFTER CARE (5-12 YEARS) AND SUMMER CAMP (5-12 YEARS).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings