Tulsa Educare Inc is located in Tulsa, OK. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Tulsa Educare Inc employed 336 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Educare 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 06/2023, Tulsa Educare Inc generated $23.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $22.2m during the year ending 06/2023. While expenses have increased by 7.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE OPERATE FOUR HIGH QUALITY EARLY CHILDHOOD SCHOOLS, PARTNER WITH DOZENS OF CHILD CARE PROVIDERS, AND IMPACT THE LIVES OF CHILDREN FROM BIRTH TO 8 AND THEIR FAMILIES BEYOND THE WALLS OF OUR SCHOOLS THROUGH EARLY LEARNING WORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR, A STUDY WAS PUBLISHED DEMONSTRATING THAT OUR SCHOOLS DELIVER LONG-TERM ACADEMIC RETURNS TO THE CHILDREN WE REACH. WE ALREADY BELIEVED IN OUR IMPACT BUT THE STUDY CONFIRMED OUR IMPACT AND HAS RENEWED OUR ENERGY AND PASSION. WE HAVE BEEN SHARING THIS INFORMATION WITH PARENTS, FUNDERS, POLICY MAKERS, AND PRACTITIONERS SINCE WE NEED MORE TO UNDERSTAND THAT WE HAVE THE ANSWERS FOR DISRUPTING INTERGENERATIONAL POVERTY NATIONWIDE. THE STUDY WAS CONDUCTED BY RESEARCHERS FROM THE EARLY CHILDHOOD EDUCATION INSTITUTE AT THE UNIVERSITY OF OKLAHOMA-TULSA. WHILE CELEBRATING THIS NEWS, WE HAVE WORKED TO CONTINUE REBUILDING OUR SCHOOLS FROM THE AFTERMATH OF THE CORONAVIRUS PANDEMIC. OUR HARD WORK TO RETAIN EXISTING STAFF AND HIRE NEW STAFF PAID OFF AS STAFFING INCREASED BY FIVE PERCENTAGE POINTS. DATA FROM STAFF SURVEYS TELL US OUR PROGRAM BECAME MORE NURTURING AS REPORTS OF TRUST AND POSITIVE WORK ENVIRONMENTS INCREASED AND REPORTS OF BEING TREATED UNFAIRLY BY COLLEAGUES DECREASED. CHILD ATTENDANCE SIGNIFICANTLY IMPROVED AS AVERAGE DAILY ATTENDANCE INCREASED SIX PERCENTAGE POINTS. ALONG WITH CHILDREN BEING IN OUR SCHOOLS MORE DAYS, PARENTS SPENT MORE TIME IN OUR SCHOOLS AS WE OFFERED MORE IN-PERSON EVENTS SUCH AS A SCHOOL-WIDE MULTICULTURAL FIESTA AND ENGLISH AS A SECOND LANGUAGE CLASSES. OUR COMMUNITY INITIATIVE EARLY LEARNING WORKS (ELW) EXPERIENCED A 30 PERCENT INCREASE IN THE NUMBER OF CHILD CARE PROVIDERS IT REACHES, NOW UP TO ONE HUNDRED TWENTY SIX. ALSO, ELW BEGAN WORK TO SUPPORT FIFTEEN INDIVIDUALS IN OPENING HIGH-QUALITY FAMILY CHILD CARE HOMES FUNDED BY THEIR NEW GRANT FROM THE OKLAHOMA CLEARINGHOUSE FOR EARLY CHILDHOOD SUCCESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Kaiser Chairman Of The Board | OfficerTrustee | 1 | $0 |
Annie Koppel Van Hanken Board President | OfficerTrustee | 1 | $0 |
Kerry Boyd Chairman, Policy Co. (thru Oct 2022) | OfficerTrustee | 1 | $0 |
Maria Morris Chairman, Policy Council | OfficerTrustee | 1 | $0 |
Mike Burke Director | Trustee | 1 | $0 |
Debbie Deibert Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Tulsa Public Schools Janitorial Services | 6/29/23 | $325,398 |
University Of Oklahoma Classroom & Student Evaluation Service | 6/29/23 | $240,075 |
Jewel's Place Enrichment Childcare Inc Childcare Services Partner | 6/29/23 | $220,954 |
Happy Hands Education Center Inc Childcare Services Partner | 6/29/23 | $199,108 |
Pine Premier Child Care Inc Childcare Services Partner | 6/29/23 | $180,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $10,731,780 |
All other contributions, gifts, grants, and similar amounts not included above | $10,141,760 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $20,873,540 |
Total Program Service Revenue | $2,647,006 |
Investment income | $5,576 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,824 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $23,520,400 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $453,745 |
Compensation of current officers, directors, key employees. | $453,745 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,086,598 |
Pension plan accruals and contributions | $194,953 |
Other employee benefits | $2,009,074 |
Payroll taxes | $992,501 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $162,752 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,291 |
Fees for services: Other | $1,542,352 |
Advertising and promotion | $193 |
Office expenses | $696,282 |
Information technology | $84,033 |
Royalties | $0 |
Occupancy | $529,272 |
Travel | $15,011 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $216,814 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,060,446 |
Insurance | $104,969 |
All other expenses | $238,546 |
Total functional expenses | $22,196,331 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,901,316 |
Savings and temporary cash investments | $1,231,456 |
Pledges and grants receivable | $8,018,282 |
Accounts receivable, net | $177,958 |
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 | $218,145 |
Net Land, buildings, and equipment | $20,840,429 |
Investments—publicly traded securities | $458,849 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $33,846,435 |
Accounts payable and accrued expenses | $1,272,874 |
Grants payable | $0 |
Deferred revenue | $500,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,772,874 |
Net assets without donor restrictions | $26,467,949 |
Net assets with donor restrictions | $5,605,612 |
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 | $33,846,435 |