Freedom Early Learning Center
- Assets
- $1.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 63
- Location
- Jenison, MI
- Founding
- 04/2003
- Data as of
- 06/2022
- EIN
- 06-1643392
Organization Overview
Freedom Early Learning Center is located in Jenison, MI. The organization was established in 2003. 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, Freedom Early Learning Center employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Early Learning Center 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, Freedom Early Learning Center generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 3.8% per year over the past 7 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
TO PROVIDE LEARNING PROGRAMS AND DAY-CARE FOR PRE-SCHOOL CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY LEARNING AND DAY-CARE SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alisha Rodriguez Director | Trustee | 40 | $37,955 |
Charles Gilfillan President | OfficerTrustee | 24 | $18,375 |
Jill Snyder Director | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $460,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $460,506 |
| Total Program Service Revenue | $1,205,474 |
| Investment income | $58 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,803,538 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $800 |
| 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. | $56,330 |
| Compensation of current officers, directors, key employees. | $38,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $725,488 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,099 |
| Payroll taxes | $61,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,165 |
| Advertising and promotion | $118 |
| Office expenses | $5,152 |
| Information technology | $11,490 |
| Royalties | $0 |
| Occupancy | $5,928 |
| Travel | $691 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,985 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,513 |
| Insurance | $12,985 |
| All other expenses | $19,505 |
| Total functional expenses | $1,140,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,515 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,972 |
| 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 | $2,028 |
| Net Land, buildings, and equipment | $1,005,606 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,585,121 |
| Accounts payable and accrued expenses | $14,267 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $50,722 |
| Secured mortgages and notes payable | $572,507 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $637,496 |
| Net assets without donor restrictions | $947,625 |
| Net assets with donor restrictions | $0 |
| 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 | $1,585,121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horizon Education Centers North Olmsted, OH | $18,012,561 | $15,661,118 |
Mid-Michigan Child Care Centers Inc Freeland, MI | $1,154,182 | $9,904,930 |
Comprehensive Community Child Care Organization Inc Cincinnati, OH | $5,282,302 | $9,574,418 |
Encompass Early Education And Care Inc Green Bay, WI | $8,419,390 | $8,397,899 |
Tippecanoe County Child Care Inc Lafayette, IN | $4,482,295 | $9,627,858 |
Early Childhood Alliance Inc Fort Wayne, IN | $6,420,930 | $9,413,804 |
St Joseph Academy Inc Milwaukee, WI | $7,083,434 | $6,157,567 |
Potential Development Program Youngstown, OH | $5,230,376 | $7,321,839 |
Wisconsin Youth Company Inc Madison, WI | $3,766,489 | $5,762,746 |
Vibrant Futures Grand Rapids, MI | $986,467 | $4,742,200 |
Ays Inc Indianapolis, IN | $13,208,741 | $6,929,668 |
Ebenezer Child Care Centers Inc West Allis, WI | $4,255,096 | $4,885,385 |