Leelanau Early Childhood Development Corporation

Nonprofit profile at a glance

EIN
453185369
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Lake Leelanau, MI, USA
Phone
2316330072
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$57,075
Expenses
$105,475
Assets
$28,392
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Paricia Soutas-Little (Chairman)
  • Heidi Kruse (Vice Chairman)
  • Gary Bardenhagen (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Assist parents with the care and development of their preschool children (Parenting Communities) and to establish home childcare businesses for infants and toddlers (ITCS)

What it reported doing in 2025

LECDC has established a Parenting Communities Program which provides families in Leelanau County a high quality, comprehensive and accountable system of care and pre-school experience for children birth through age 5. LECDC campaigned for and was successful in getting a county millage in place to fund the parenting communities program and in getting the County Board of Commissioners and County Department of Health to administer the program. LECDC is in the process of establishing home-based businesses to provide childcare for infants and toddlers. On September 16, 2021 LECDC was awarded a $318,000 grant, half of which was received in 2021 to assist in establishing these home-based childcare businesses. Funds remaining will be used along with future donations to provide tuition support to parents with their daycare expenses.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.9%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -84.8%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 31.3% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -45.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -31.5% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $96K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.