Little Scholars Academy at Lake Oconee Inc
Nonprofit profile at a glance
- EIN
- 262994042
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Greensboro, GA, USA
- Phone
- 7068178013
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $198,520
- Expenses
- $198,672
- Assets
- $552
- Liabilities
- $52,297
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ANNE SOTO (Vice President)
People named in this filing
- ANNE BARED (Executive Dir.)
- ANNE SOTO (Vice President)
- ALFRED NARANJO (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preschool education
What it reported doing in 2024
We believe that learning should be a journey not a race. We provide developmentally appropriate activities for preschool-aged children to foster a lifelong desire to explore, learn and develop as an individual.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.8%; rating input score 100
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.1%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 94.74; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 10.9%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 99.8% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $198K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 20/100.