Mercy Learning Center Of Bridgeport Incorporated is located in Bridgeport, CT. The organization was established in 1988. As of 06/2024, Mercy Learning Center Of Bridgeport Incorporated employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Learning Center Of Bridgeport Incorporated 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 06/2024, Mercy Learning Center Of Bridgeport Incorporated generated $3.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $3.5m during the year ending 06/2024. While expenses have increased by 6.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER EDUCATES LOW INCOME,UNDEREDUCATED WOMEN FROM PRE-LITERACY THROUGH HIGH SCHOOL FREE OF CHARGE. PREPARATION FOR THE GED AND THE NEDP HIGH SCHOOL EQUIVALENCIES ARE PROVIDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT EDUCATION: MERCY LEARNING CENTER'S ADULT EDUCATION PROGRAM IS DESIGNED TO PROVIDE WOMEN WITH THE OPPORTUNITY TO LEARN ENGLISH, ACQUIRE BASIC MATH AND WRITING SKILLS, OBTAIN A U.S. HIGH SCHOOL DIPLOMA, BECOME MORE ENGAGED IN THEIR COMMUNITITES, AND IMPORTANTLY, TO SECURE THIER FIRST JOB IN THE U.S. OR OBTAIN HIGHER WAGE EMPLOYMENT. THE CURRICULUM INCLUDES ENGLISH AS A SECOND LANGUAGE (ESL) CLASSES, ADULT BASIC EDUCATION (ABE), AND 4-5 HOURS OF COMPUTER LITERACY AND TECHNOLOGY TRAINING EACH WEEK. FOR THOSE SEEKING THEIR U.S. HIGH SCHOOL DIPLOMA, BOTH GENERAL EDUCATION DIPLOMA (GED) AND NATIONAL EXTERNAL DIPLOMA PROGRAM PREPARATION AND TESTING ARE PROVIDED. PRACTICAL LIFE SKILLS, TRAINING FOR EMPLOYMENT, AND TRANSITIONING TO POST-SECONDARY EDUCATION ARE MAJOR FOCI, ESPECIALLY AS WOMEN ENTER MORE ADVANCED CLASSES. STUDENTS ALSO PARTICIPATE IN A VARIETY OF ONGOING ENRICHMENT WORKSHOPS ON TOPICS INCLUDING HEALTH, PARENTING, FINANCIAL LITERACY, SAFETY, AND ART APPRECIATION. OFFERED ON A FULL-TIME OR PART-TIME TRACK, THIS PROGRAM PROVIDES THE FLEXIBILITY FOR LEARNERS TO MOVE BACK AND FORTH BETWEEN THE TWO TRACKS BASED ON CHANGING DEMANDS OF WORK AND FAMILY. IN 2023-2024, 543 WOMEN FROM OVER 3 DOZEN DIFFERENT COUNTRIES, ALL OF WHOM ARE ASSET-LIMITED, INCOME CONSTRAINED, EMPLOYED (ALICE) OR LIVING BELOW THE FEDERAL POVERTY LEVEL.
EARLY CHILDHOOD EDUCATION PROGRAM: MERCY LEARNING CENTERS' STATE-LICENSED EARLY CHILDHOOD EDUCATION PROGRAM (ECEP) PROVIDES STUDENTS' CHILDREN AGED 3 MONTHS TO FIVE YEARS OLD WITH COMPASSIONATE AND STIMULATING LEARNING ENVIRONMENTS THAT ARE CRITICAL FOR KINDERGARTEN READINESS IN ENGLISH-DOMINATE CLASSROOMS. AGE APPROPRIATE, ROUTINE-BASED SCHEDULES ARE IMPLEMENTED TO ORGANIZE ACTIVITES INTO A DAILY STRUCTURE, INCLUDING INTERACTIVE PLAY, EXPLORATION AND INVESTIGATION, ENGLISH LANGUAGE IMMERSION, STORY-TIME, ARTS AND CRAFTS, AND PLAYGROUND TIME. EACH OF OUR THREE CLASSROOMS PROVIDE BRIGHT, COLORFUL, CLEAN SPACES WHERE UP TO 20 CHILDREN (60 TOTAL AT A TIME) CAN LEARN, PLAY AND BE CARED FOR IN THE SAME BUILDING WHERE THEIR MOTHERS ARE ATTENDING CLASSES. CHILDREN ATTEND OUR ECEP PROGRAM ON-SITE WHILE THEIR MOTHERS ARE IN CLASS TO ELIMINATE THE BARRIER OF CHILDCARE IN A WOMAN'S EDUCATION. THE ECEP CURRICULUM HOLISTICALLY IMPROVES CHILDREN'S OVERALL DEVELOPMENT: PRE-LITERACY, PROBLEM-SOLVING, SELF-HELP, AND FINE AND GROSS MOTOR SKILLS, AS WELL AS COGNITIVE, PHYSICAL, SOCIAL, AND EMOTIONAL SKILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lindsay Wyman President & CEO | Officer | 40 | $143,077 |
Jeanette Lizondro Director Of Operations | Officer | 40 | $152,043 |
Kiyoko Teed Director Of Adult Education | 40 | $108,552 | |
Tammy Barry Chair | OfficerTrustee | 2 | $0 |
Eric Speer Vice Chair | OfficerTrustee | 2 | $0 |
Roseanna Coleman Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $212,628 |
Related organizations | $0 |
Government grants | $152,356 |
All other contributions, gifts, grants, and similar amounts not included above | $2,727,734 |
Noncash contributions included in lines 1a–1f | $71,915 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,092,718 |
Total Program Service Revenue | $0 |
Investment income | $355,114 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $202 |
Net Income from Fundraising Events | $382,571 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,830,605 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $212,009 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $295,120 |
Compensation of current officers, directors, key employees. | $78,790 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,832,155 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $181,084 |
Payroll taxes | $154,736 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,704 |
Fees for services: Accounting | $79,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $30,000 |
Fees for services: Other | $50,728 |
Advertising and promotion | $5,692 |
Office expenses | $181,245 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $124,767 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,812 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $92,800 |
Insurance | $47,538 |
All other expenses | $137,221 |
Total functional expenses | $3,455,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $967,445 |
Savings and temporary cash investments | $2,000,816 |
Pledges and grants receivable | $34,018 |
Accounts receivable, net | $0 |
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 | $20,518 |
Net Land, buildings, and equipment | $1,520,545 |
Investments—publicly traded securities | $9,983,533 |
Investments—other securities | $35,238 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $53,503 |
Total assets | $14,615,616 |
Accounts payable and accrued expenses | $59,140 |
Grants payable | $0 |
Deferred revenue | $70,274 |
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 | $129,414 |
Net assets without donor restrictions | $9,752,514 |
Net assets with donor restrictions | $4,733,688 |
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 | $14,615,616 |