Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LACRECHE EARLY CHILDHOOD CENTERS INC, founded in 1969, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 9% surplus.
As an early care and education center, our mission is to move children from a level of dependence to a level of independence. We provide a variety of experiences and encourage self-respect, self-reliance, self-initiated activities and a sense of responsibility for one's actions. In order to provide an atmosphere for educational growth, our curriculum emphasizes positive self-identity, cognitive skills, language arts, and small gross motor skills. Our facilities are clean, bright, cheerful, safe and fully equipped to stimulate each child's creativity. We stress the total enrichment and depth of experience of each child. Children are encouraged to develop a sense of "self" as "learner", to ask questions, to observe, and to search for answers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,892,553 | $1,509,964 | +0.3% |
| Expenses | $1,723,364 | $1,535,252 | +0.1% |
| Net Income | $169,189 | $-25,288 | -7.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Phyllis Sloan | Executive Director | 40 |
Officer
|
$108,345 | $10,292 | $118,637 |
| Jo Wanner | Accountant | 17 |
Officer
|
$43,776 | $0 | $43,776 |
| Gretchen Hengemuhle | Board Chair | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Cal Christensen | Board Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,892,553 | $1,723,364 | $1,067,713 | $169,189 |
| 2022 | $1,509,964 | $1,535,252 | $884,048 | $-25,288 |
| 2021 | $1,591,329 | $1,353,111 | $952,477 | $238,218 |
| 2020 | $1,239,999 | $1,327,700 | $850,459 | $-87,701 |
Compare LACRECHE EARLY CHILDHOOD CENTERS INC with other nonprofits in Minnesota and across the country.