Lindale Child Care Program EIN 81-3121252 Form 990 (PDF) Claim this org

Lindale Child Care Program FY2023 filing

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Provides safe, loving, and affordable childcare for children. For fiscal year 2023 it reported $336K in revenue, $311K in expenses, and $276K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Linville, VA
Website
www.lindalechildcare.com
Filings
6 on file (2020–2023)
Revenue
$336KFY2023
Expenses
$311K
Net assets
$276K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-3121252 Public charity (501(c)(3)) Linville, VA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides safe, loving, and affordable childcare for children.
Leadership
Theresa Horst · Executive Director · $53K
Money in and out
$336K revenue, $311K expenses
Bottom line
73% program efficiency
Where the money goes · FY2023
Total revenue
$336K
Pt VIII · Ln 12
Total expenses
$311K
Pt IX · Ln 25
Net assets
$276K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27 Fundraising $0.00
Program efficiency
73%
of spending reaches programs
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$336K
FY2023▼ -12%
Expenses
$311K
FY2023▲ +15%
Total assets
$278K
FY2023▲ +10%
Total liabilities
$2K
FY2023▲ +6%
Total revenue
$336K
Pt VIII · Ln 12
Total expenses
$311K
Pt IX · Ln 25
Net assets
$276K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$278K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $227K of program spending, described in the organization's own filed words · FY2022.
01

Lindale child care program provides child care for close to 100 children. We serviced 30 school age children with before school care, 65 school age children with after school care, 60 school age children with summer full day care and 28 children full day care for 3 and 4 year olds.

$170Kprogram expense
02

Lindale child care program provides school age children with a stimulating art, science and creative work program. We encourage the children to move and play to learn sportsmanship and keep our bodies healthy. We work with children to complete homework to allow for more time with their parents after work.

$34Kprogram expense
03

Lindale child care preschool program creates an environment where hand-on learning is encouraged. We provide opportunities to learn using play as the building block in social emotional development, physical development and spiritual development.

$23Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLindale Child Care Program
EINHdr · item D81-3121252
Principal addressHdr · item CLinville, VA
WebsiteHdr · item Jwww.lindalechildcare.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33)
Ruling yearIRS BMFJul 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$52,694Pt VII · Sec A
Co-Chair/President
$0Pt VII · Sec A
Vice Chair/Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair/President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Theresa Horst’s $55K as Executive Director is at the 44th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Theresa Horst$54,727$53,797$52,694$49,812$47,750$47,032

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$270K · 80%
Contributions & grants$63K · 19%
Other revenue$3K · 1%
Program service revenue80%$270K
Contributions & grants19%$63K
Other revenue1%$3K
Investment income$206
— government grantsLn 1e$56K
Total revenueLn 12$336K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27 Fundraising $0.00
Program services73%$227K
Management & general27%$83K
Fundraising$1K
Total functional expensesLn 25$311K

Balance Sheet

Part X · end of year
CashLn 1$278K
Total assetsLn 16$278K
Total liabilitiesLn 26$2K
Total net assetsLn 32$276K
Months of cash on handcomputed10.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $278K · Operating expenses/yr $311K
10.7 months
Where the money goes
Program services
Program services $227K · Total expenses $311K
73%
Management & General
Management & general $83K · Total expenses $311K
27%
Fundraising
Fundraising $1K · Total expenses $311K
0.3%
Cost to raise $1
Fundraising expense (3-yr avg) $912 · Solicited contributions (3-yr avg) $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $63K · Total revenue $336K
19%
Government reliance
Government grants $56K · Total revenue $336K
17%
Earned-income share
Program service revenue $270K · Total revenue $336K
80%
Investment reliance
Investment income $206 · Total revenue $336K
+0.06%
Program self-sufficiency
Program service revenue $270K · Total expenses $311K
87%
Growth & trend
Revenue growth (YoY)
This year $336K · Prior year $384K
-12%
Net-asset trend (YoY)
End of year $276K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $336K · Expenses $311K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $278K
Net-asset ratio
Net assets $276K · Total assets $278K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $278K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Theresa Horst · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $53K · Total expenses $311K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $248K · Total expenses $311K
80%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Fundraising cost ratio 2%
Revenue growth -12%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$13K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$418K revenue · ⤓ 990 PDF
FY2024$369K revenue · ⤓ 990 PDF
FY2023$336K revenue · viewing · ⤓ 990 PDF
FY2022$384K revenue · ⤓ 990 PDF
FY2021$341K revenue · ⤓ 990 PDF
FY2020$271K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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