Childrens Learning Centers Of Fairfield County Inc
- Assets
- $11.4m
- Revenue
- $16.6m
- Investments
- $0.0
- Employees
- 265
- Location
- Stamford, CT
- Founding
- 08/1954
- Data as of
- 06/2022
- EIN
- 06-0665191
Organization Overview
Childrens Learning Centers Of Fairfield County Inc is located in Stamford, CT. The organization was established in 1954. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2022, Childrens Learning Centers Of Fairfield County Inc employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Learning Centers Of Fairfield County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Childrens Learning Centers Of Fairfield County Inc generated $16.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $16.3m during the year ending 06/2022. While expenses have increased by 0.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES COMPREHENSIVE EARLY EDUCATIONAL PROGRAMS FOR FAMILIES WITH CHILDREN BETWEEN THE AGES OF SIX WEEKS AND FIVE YEARS OLD. CLC SERVES 950 FAMILIES AND SERVES OVER 500,000 MEALS A YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL READINESS PROGRAM SERVES 425 FULL TIME STUDENTS, 28 PART DAY STUDENTS AND 60 EXTENDED DAY STUDENTS IN THE HEAD START PROGRAM. THE SCHOOL READINESS PROGRAM IS FUNDED BY BOTH FEDERAL AND STATE FUNDS, AND A PARENT FEE THAT IS SET BY THE STATE AS MOST OF THE FAMILIES ARE UNDER THE POVERTY LEVEL. THE STUDENTS IN SCHOOL READINESS ARE RESIDENTS OF STAMFORD CT. THE STUDENTS ARE EVALUATED IN VARIOUS SKILL LEVELS SO THE AGENCY WORKS WITH THE STAMFORD PUBLIC SCHOOL SYSTEM FOR PLACEMENT IN THE SCHOOL SYSTEM.
PRIVATE PAY PROGRAM FOR INFANTS AND TODDLERS AGES SIX WEEKS TO THREEYEARS OF AGE. THERE ARE ALSO FOUR SLOTS FOR CHILDREN THREE TO FIVEYEARS OF AGE. THIS PROGRAM DOES NOT RECEIVE ANY GOVERNMENT SUPPORT,THEREFORE THESE FAMILIES PAY THE FAIR MARKET VALUE FOR THE SERVICESPROVIDED.
THE STAMFORD HEAD START AND EARLY HEAD START PROGRAMS SERVE 168 STUDENTS THREE TO FIVE AND 48 STUDENTS FROM SIX WEEKS TO THREE YEARS OF AGE. OUR DELEGATE FAMILY CENTERS INC. IN GREENWICH SERVES ANOTHER 34 STUDENTS THREE TO FIVE. THE HEAD START PROGRAM IS FUNDED BY FEDERAL AND STATE MONIES. AN ADDITIONAL 20% OF THE FEDERAL CONTRACT NEEDS TO BE RAISED BY THE ORGANIZATION THAT ARE NON-FEDERAL FUNDS. THE HEAD START FAMILIES DO NOT PAY FOR THE FEDERAL SERVICES. ALSO, 90% OF HEAD START FAMILIES ARE MINORITY AND FOR OVER 80% OF THE HEAD START FAMILIES, ENGLISH IS NOT THE MAIN HOUSEHOLD LANGUAGE.
THE STAMFORD DAY CARE PROGRAM SERVES 227 STUDENTS' AGES THREE TO FIVE YEARS OF AGE. THIS PROGRAM IS FUNDED THROUGH BOTH FEDERAL AND STATE FUNDS AND A FAMILY FEE THAT IS SET BY THE STATE ON A SLIDING SCALE AS AGAIN MOST OF THE FAMILIES ARE BELOW THE 75% POVERTY LINE FOR THE STATE. THE PROGRAM IS OPEN TO STUDENTS IN THE LOWER FAIRFIELD COUNTY AREA. THE AGENCY PREPARES THESE STUDENTS TO ENTER KINDERGARTEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mattis Jr Chairman | OfficerTrustee | 10 | $0 |
Ellen Mellis Vice Chairman | OfficerTrustee | 2 | $0 |
Bruce Blasnik Treasurer | OfficerTrustee | 2 | $0 |
Pamela Koprowski Secretary | OfficerTrustee | 1 | $0 |
Ipashri Bharti Trustee | Trustee | 1 | $0 |
Emily Kroenlein Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $35,500 |
| Membership dues | $0 |
| Fundraising events | $501,876 |
| Related organizations | $0 |
| Government grants | $11,746,574 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,625,952 |
| Noncash contributions included in lines 1a–1f | $117,524 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,909,902 |
| Total Program Service Revenue | $2,650,603 |
| Investment income | $53,076 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,985 |
| Net Income from Fundraising Events | -$167,958 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,556,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $356,371 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,699 |
| Compensation of current officers, directors, key employees. | $308,074 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,231,918 |
| Pension plan accruals and contributions | $207,295 |
| Other employee benefits | $1,551,566 |
| Payroll taxes | $719,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,297 |
| Fees for services: Other | $429,067 |
| Advertising and promotion | $0 |
| Office expenses | $232,450 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,445,007 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,705 |
| Interest | $33,971 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $300,423 |
| Insurance | $107,050 |
| All other expenses | $103,109 |
| Total functional expenses | $16,324,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,313,821 |
| Savings and temporary cash investments | $2,003,665 |
| Pledges and grants receivable | $251,073 |
| Accounts receivable, net | $411,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $110,156 |
| Net Land, buildings, and equipment | $3,395,446 |
| Investments—publicly traded securities | $1,623,404 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,331,970 |
| Total assets | $11,440,685 |
| Accounts payable and accrued expenses | $1,998,587 |
| Grants payable | $0 |
| Deferred revenue | $1,460,962 |
| Tax-exempt bond liabilities | $1,121,059 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $2,000,000 |
| Other liabilities | $0 |
| Total liabilities | $6,730,608 |
| Net assets without donor restrictions | $2,596,345 |
| Net assets with donor restrictions | $2,113,732 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,440,685 |