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Nonprofit · EIN 87-2898059

LITTLE PEOPLE - BIG DREAMS

Also known as NAKIA WATERS SOLE MBR

Tax-exempt · NEW CASTLE, DE 19720

Financials

$83K$112K2023
Revenue Expenses · by fiscal year end
Financials of LITTLE PEOPLE - BIG DREAMS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$82,943$112,481-$29,538$18,278$35,706-$17,428
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$69,596
Program service revenue
$13,347
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$175,000
Salaries, compensation and benefits (total)
$18,550
Professional fees and payments to contractors
$1,400
Occupancy
$43,808
Printing, publications and postage
$83
Other expenses
$48,640
Program services (functional)
$135,000

Balance sheet and other

Total assets, start of year
$12,085
Total assets, end of year
$18,278
Total liabilities, end of year
$35,706
Net assets, end of year
-$17,428
Cash, savings and investments
$4,853
Land and buildings
$13,425
Gross receipts
$82,943

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Nakia WatersPresident80$175,000

Address and contacts

Address (IRS master file)
901 E BASIN RD, NEW CASTLE, DE 19720-4253
Mailing address (990-N for 2023)
901 East Basin Road, New Castle DE 19720
Principal officer (990-N for 2023)
Nakia Waters, 8 Currant COURT, Newark DE 19702
Signed the 990-EZ
Nakia Waters, Owner
Phone
(302) 414-9009

Mission

To provide daycare services to low and moderate income families.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Completed renovating the space to accommodate up to 90 children.
    Expenses $30,000 · grants $30,000
  • Began marketing campaign and enrolling children. Enrolled 12 children by 12/2023.
    Expenses $105,000 · grants $39,595

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
87-2898059
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B21)
Assets (IRS master file)
$18,278
Income (IRS master file)
$82,943

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2023
Officer: Nakia Waters
December 31, 2023≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$82,943$112,481$18,278XML
990-N for 2022
Officer: Nakia Waters
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-2898059).

Questions about LITTLE PEOPLE - BIG DREAMS

What is the EIN of LITTLE PEOPLE - BIG DREAMS?
The employer identification number (EIN) of LITTLE PEOPLE - BIG DREAMS is 87-2898059.
Is LITTLE PEOPLE - BIG DREAMS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to LITTLE PEOPLE - BIG DREAMS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LITTLE PEOPLE - BIG DREAMS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LITTLE PEOPLE - BIG DREAMS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LITTLE PEOPLE - BIG DREAMS last file with the IRS?
The latest return in the IRS public files is the 990-N for 2023 for the year ended December 31, 2023.
Who is the principal officer of LITTLE PEOPLE - BIG DREAMS?
The 990-N for 2023 names Nakia Waters.
Who are the officers and directors of LITTLE PEOPLE - BIG DREAMS?
The 990-EZ for the year ended December 31, 2023 lists 1 person; 1 received compensation from the organization, the highest $175,000 (Nakia Waters, President).
How much revenue does LITTLE PEOPLE - BIG DREAMS have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $82,943, expenses of $112,481 and total assets of $18,278 at year end.

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