GREATER LOVE CHILDCARE DEVELOPMENT INC

EIN: 462051624 501(c)(3) Philanthropy & Grantmaking

INDIANAPOLIS, IN

Total Revenue
$665,950
Total Expenses
$523,834
Total Assets
$260,911
Net Assets
$126,573
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
IN
Principal Officer
NAKISHA GADDIE
Tax Period
2023-01-01 to 2023-12-31

GREATER LOVE CHILDCARE DEVELOPMENT INC, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $666K in total revenue in fiscal year 2023. The organization ran a surplus of $142K, a strong 21% operating margin.

Mission

WE HAVE A MISSION TO AFFECT OUR COMMUNITY BY PROVIDING CHILDREN WITH EXCELLENT CARE IN A SAFE AND NURTURING ATMOSPHERE. WE PLANT SEEDS IN EACH CHILD THROUGH TEACHING DEVELOPMENTALLY LESSONS IN A CREATIVE WAY.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $665,451
Investment Income $0
Other Revenue $499
TOTAL REVENUE $665,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $254,516
Fundraising Expenses $0
Program Expenses $523,834
Other Expenses $269,318
TOTAL EXPENSES $523,834

Year-over-Year Comparison

2023 2022 Change
Revenue $665,950 N/A N/A
Expenses $523,834 N/A N/A
Net Income $142,116 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
3
Independent Members
3
Employees
10
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
1
$26,668
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAKISHA GADDIE PRESIDENT 40.00
Officer
$26,668 $0 $26,668
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
2024 No data No data No data No data
2023 $665,950 $523,834 $260,911 $142,116
2021 $515,056 $420,734 $311,920 $94,322
2020 $519,874 $652,458 $188,604 $-132,584
2019 $394,275 $266,016 $54,168 $128,259
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