THE LOVE LEARNING CENTERDAYCARE

EIN: 364239852 501(c)(3)

CHICAGO, IL

Total Revenue
$135,212
Total Expenses
$233,300
Total Assets
$104,791
Net Assets
$83,244
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IL
Principal Officer
DR BURCHELL LOVE
Phone
7737520243
Tax Period
2021-01-01 to 2021-12-31

THE LOVE LEARNING CENTERDAYCARE, founded in 1998, is a small nonprofit that reported $135K in total revenue in fiscal year 2021. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 73% operating deficit.

Mission

To provide childcare and educational services to toddlers and pre-schoolers.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $39,107
Program Service Revenue $96,105
Investment Income $0
Other Revenue $0
TOTAL REVENUE $135,212

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,142
Fundraising Expenses $0
Program Expenses $142,632
Other Expenses $164,158
TOTAL EXPENSES $233,300

Year-over-Year Comparison

2021 2020 Change
Revenue $135,212 $391,531 -0.7%
Expenses $233,300 $376,842 -0.4%
Net Income $-98,088 $14,689 -7.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$29,520
Total Directors
4
$38,980
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BURCHELL LOVE PRESIDENT/EXECUTIVE DIRECTOR 50.00
Officer Director
$29,520 $0 $29,520
ALMEDA ARNOLD DIRECTOR 0.50
Officer Director
$0 $0 $0
BURDETT MILLER SECRETARY 0.50
Officer Director
$0 $0 $0
EXERMIA FIELDS DIRECTOR 0.50
Director
$9,460 $0 $9,460
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $135,212 $233,300 $104,791 $-98,088
2020 $391,531 $376,842 $184,812 $14,689
2019 $565,813 $568,419 $170,065 $-2,606
2018 $541,444 $499,937 $209,719 $41,507
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE LOVE LEARNING CENTERDAYCARE with other nonprofits in Illinois and across the country.