LITTLE SPROUTS LEARNING CENTER INC (EIN 824382693) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

CODY GROEN

Phone

5077948785

Tax Period

2023-01-01 to 2023-12-31

LITTLE SPROUTS LEARNING CENTER INC, founded in 2018, is a small nonprofit in the Education sector that reported $352K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

LITTLE SPROUTS LEARNING CENTER IS AN EDUCATIONALLY BASED CHILD CARE FACILITY LOCATED IN SLEEPY EYE, MN THAT STRIVES TO SERVE THE CHILD AND FAMILY IN A SAFE AND NURTURING ENVIRONMENT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,812

Program Service Revenue $309,045

Investment Income $228

Other Revenue $0

TOTAL REVENUE $352,085

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,317

Fundraising Expenses $0

Program Expenses $346,709

Other Expenses $104,281

TOTAL EXPENSES $348,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$352,085	$271,155	+0.3%
Expenses	$348,598	$267,633	+0.3%
Net Income	$3,487	$3,522	0.0%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$37,711

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGHANN SIMON	BOARD MEMBER	40.00	Director	$37,711	$0	$37,711
ABBY BERG	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER FISCHER	SECRATARY	2.00	Officer Director	$0	$0	$0
CODY GROEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
COURTNEY KERKHOFF	BOARD MEMEBE	1.00	Director	$0	$0	$0
LIZZIE RUMMEL	BOARD MEMBER	1.00	Director	$0	$0	$0
KATIE WERSAL	TREASURER	10.00	Officer Director	$0	$0	$0

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	$352,085	$348,598	$65,087	$3,487
2022	$271,155	$267,633	$45,751	$3,522
2021	$207,233	$207,930	$38,147	$-697

LITTLE SPROUTS LEARNING CENTER INC