Little Castle Learning & Development Center INC FY2023 filing

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Our mission - the mission of Little Castle Learning & Development Center is to provide the opportunity, through play, for every child and their family to engage in a developmental age appropriate Learning environment, where they can grow to be independent learners, creative and divergent thinkers, and where they will be willing to take risks, ask questions, and practice self-control. IT is our hope that Little Castle will "inspire leaders of tomorrow- and that graduates of Little Castle take with them a love of Learning.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $111K a year · 11% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
87% of spending went to programs.
Pt IX · Ln 25 · col B
7.7 mo
of spending, in cash
7.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$16K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.0M
-20% vs prior year
Spent
$997K
To programs
87%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$1.0M
FY2023▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$729K
FY2021$939K
FY2022$1.3M
FY2023$1.0M
FY2024$1.1M
FY2025$1.1M
Expenses
$997K
FY2023▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020$746K
FY2021$709K
FY2022$803K
FY2023$997K
FY2024$1.2M
FY2025$1.1M
Net assets
$1.4M
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$629K
FY2021$851K
FY2022$1.3M
FY2023$1.4M
FY2024$1.2M
FY2025$1.3M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $865K Management & general 11% · $113K Fundraising 2% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Little Castle Learning & Development Center INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters child and family learning through play, encouraging independence and creativity.

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1 program · $828K · in their own filed words · FY2022
01

Our vision is to support parents in their child care and child development needs by offering the opportunity for reduced and supported cost child care. We seek to support each child's individual physical, social, and cognitive needs in a safe and challenging environment while considering each child's unique needs.

$828Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$798K
Gifts and grantsLn 1h$216K
Investment incomeLn 3$9K
Money outPt IX
$997K
Ln 25
Programscol B$865K
Managementcol C$113K
Fundraisingcol D$19K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$640K
Total assetsLn 16$1.4M
LiabilitiesLn 26$16K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$216K
Government grantsLn 1e$216K
Fees for servicesLn 2g$798K
Investment incomeLn 3$9K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$192K
SavingsLn 2$448K
Cash and savings togetherLn 1–2$640K
Accounts receivableLn 4$72K
Land, buildings, equipmentLn 10c$662K
Total assetsLn 16$1.4M
LiabilitiesLn 26$16K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 527
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$739K$640K
Land, buildings, equipmentLn 10c$524K$662K
Total assetsLn 16$1.3M$1.4M
LiabilitiesLn 26$9K$16K
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$637K$561K$64K$13K
Payroll taxesLn 10$60K$52K$6K$1K
Accounting feesLn 11c$19K$19K
Professional fundraising feesLn 11e$2K$2K
Advertising and promotionLn 12$341$341
Office expensesLn 13$11K$10K$1K$229
OccupancyLn 16$14K$13K$1K
TravelLn 17$7K$6K$704$140
Depreciation, depletion and amortizationLn 22$39K$39K
InsuranceLn 23$22K$19K$2K$442
Other expenses (24a–d)Ln 24$141K$130K$10K$2K
All other expensesLn 24e$44K$34K$9K$118
Total functional expensesLn 25$997K$865K$113K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 6, 2025 $1.1M$1.1M$666$1.3M 990 PDF
FY2024Filed with the IRS Nov 12, 2024 $1.1M$1.2M−$56K$1.2M 990 PDF
FY2023 ViewingFiled with the IRS Oct 12, 2023 $1.0M$997K$27K$1.4M 990 PDF
FY2022Filed with the IRS Nov 15, 2022 $1.3M$803K$480K$1.3M 990 PDF
FY2021Filed with the IRS May 19, 2022 $939K$709K$230K$851K 990 PDF
FY2020Filed with the IRS May 17, 2021 $729K$746K−$16K$629K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $1,023,792 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $611,927$216,145
I-9 Program service revenuePrior year $670,595$798,222
I-10 Investment income$9,425
I-11 Other revenue$0
I-12 Total revenuePrior year $1,282,522$1,023,792
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $515,775$696,850
I-16a Professional fundraising fees$2,141
I-17 Other expensesPrior year $287,234$298,158
I-18 Total expensesPrior year $803,009$997,149
I-19 Revenue less expensesPrior year $479,513$26,643
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,023,792 across 5 lines filed
VIII-1e Government grants$216,145
VIII-1h Total contributions, gifts and grants$216,145
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $798,222$798,222
VIII-3 Investment incomeRelated to mission $9,425$9,425
VIII-12 Total revenueRelated to mission $807,647$1,023,792
Part IX · Statement of functional expenses $997,149 across 12 lines filed
IX-7 Other salaries and wagesPrograms $560,821 · Management $63,730 · Fundraising $12,746$637,297
IX-10 Payroll taxesPrograms $52,407 · Management $5,955 · Fundraising $1,191$59,553
IX-11c Accounting feesManagement $19,120$19,120
IX-11e Professional fundraising feesFundraising $2,141$2,141
IX-12 Advertising and promotionManagement $341$341
IX-13 Office expensesPrograms $10,095 · Management $1,147 · Fundraising $229$11,471
IX-16 OccupancyPrograms $12,997 · Management $1,444$14,441
IX-17 TravelPrograms $6,195 · Management $704 · Fundraising $140$7,039
IX-22 Depreciation, depletion and amortizationPrograms $38,591$38,591
IX-23 InsurancePrograms $19,463 · Management $2,212 · Fundraising $442$22,117
IX-24 Other expenses (24a–d)Programs $130,068 · Management $9,533 · Fundraising $1,664$141,265
IX-24e All other expensesPrograms $34,346 · Management $9,309 · Fundraising $118$43,773
IX-25 Total functional expensesPrograms $864,983 · Management $113,495 · Fundraising $18,671$997,149
Part X · Balance sheet $1,373,356 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $263,825$192,207
X-2 Savings and temporary cash investmentsStart of year $475,000$447,739
X-4 Accounts receivableStart of year $76,527$71,671
X-10c Land, buildings and equipment, netStart of year $524,236$661,739
X-16 Total assetsStart of year $1,339,588$1,373,356
X-17 Accounts payable and accrued expensesStart of year $8,659$15,784
X-26 Total liabilitiesStart of year $8,659$15,784
X-27 Net assets without donor restrictionsStart of year $1,330,929$1,357,572
X-32 Total net assets or fund balancesStart of year $1,330,929$1,357,572
X-33 Total liabilities and net assetsStart of year $1,339,588$1,373,356
Part XI · Reconciliation of net assets $1,357,572 net assets at year end
XI-1 Total revenue$1,023,792
XI-2 Total expenses$997,149
XI-3 Revenue less expenses$26,643
XI-4 Net assets at start of year$1,330,929
XI-10 Net assets at end of year$1,357,572

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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