Indiana Association For The Education Of Children Inc
- Assets
- $1.7m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 54
- Location
- Indianapolis, IN
- Founding
- 03/1981
- Data as of
- 06/2022
- EIN
- 31-1000350
Organization Overview
Indiana Association For The Education Of Children Inc is located in Indianapolis, IN. The organization was established in 1981. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2023, Indiana Association For The Education Of Children Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Association For The Education Of Children 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, Indiana Association For The Education Of Children Inc generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $6.7m during the year ending 06/2022. While expenses have increased by 1.1% 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.
Since 2015, Indiana Association For The Education Of Children Inc has awarded 92 individual grants totaling $1,217,414. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INDIANA ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN, INC. PROMOTES HIGH QUALITY EARLY LEARNING FOR EACH AND EVERY CHILD AND THEIR FAMILIES, BIRTH THROUGH AGE EIGHT, BY CONNECTING PRACTICE, POLICY, AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD PROFESSIONAL DEVELOPMENT - INCLUDES BOTH THE T.E.A.C.H. EARLY CHILDHOOD INDIANA PROJECT AND THE NON FORMAL CDA PROJECT. T.E.A.C.H. (TEACHER EDUCATION AND COMPENSATION HELPS) EARLY CHILDHOOD INDIANA PROJECT - PROVIDES CREDIT-BASED SCHOLARSHIPS TO THE EARLY CHILDHOOD WORKFORCE TO INCREASE SKILLS AND KNOWLEDGE, COMPENSATION AND DECREASE TURN OVER. SCHOLARSHIPS ARE PROVIDED TO SUPPORT THE CDA (CHILD DEVELOPMENT ASSOCIATE CREDENTIAL) TRAINING AND ASSESSMENT AND THE EARLY CHILDHOOD ASSOCIATE AND BACHELOR DEGREES. NON FORMAL CDA (CHILD DEVELOPMENT ASSOCIATE) PROJECT - THE INDIANA NON FORMAL CDA PROJECT PROVIDES 120 CLOCK HOURS OF TRAINING TO MEET THE NATIONAL CDA CREDENTIAL REQUIREMENTS. EARLY CHILDHOOD EDUCATORS WORKING IN CHILD CARE CENTERS, REGISTERED MINISTRIES AND FAMILY CHILD CARE HOMES ARE ELIGIBLE TO ATTEND NON FORMAL CDA CLASSES.
EARLY CHILDHOOD WORKFORCE SYSTEMS - INDIANA AEYC PROVIDES SUPPORT TO EARLY CHILDHOOD LICENSED CENTERS AND HOMES, REGISTERED MINISTRIES, PUBLIC AND PRIVATE SCHOOLS AND HEAD START PROGRAMS THROUGH THE REGIONAL EARLY CHILDHOOD WORKFORCE COORDINATORS. REGIONAL EARLY CHILDHOOD WORKFORCE COORDINATORS ASSESS THE ONGOING NEEDS OF THE EARLY CHILDHOOD WORKFORCE, PROVIDE RESOURCES AND CONNECT EARLY CHILDHOOD PROGRAMS WITH ONGOING RESOURCES. ACCREDITATION PROJECT - THE INDIANA ACCREDITATION PROJECT SUPPORTS NATIONAL ACCREDITATION TO INCREASE THE QUALITY OF EARLY CHILDHOOD AND OUT OF SCHOOL LEARNING PROGRAMS. THE INDIANA ACCREDITATION PROJECT PROVIDES TECHNICAL AND FINANCIAL SUPPORT FOR EARLY CHILDHOOD PROGRAMS ENROLLED IN THE PATHS TO QUALITY (INDIANA'S QUALITY RATING AND IMPROVEMENT SYSTEM) TO OBTAIN AND MAINTAIN NATIONAL ACCREDITATION. EARLY CHILDHOOD AND OUT OF SCHOOL FACILITIES INCLUDING CHILD CARE CENTERS, FAMILY CHILD CARE HOMES, NON-LICENSED REGISTERED MINISTRIES, PUBLIC AND PRIVATE SCHOOLS ARE ELIGIBLE TO PARTICIPATE IN THIS PROJECT.
ON MY WAY PRE-K (INDIANA'S PRESCHOOL PROGRAM) - ON MY WAY PRE-K PROVIDES GRANTS FOR 4-YEAR-OLDS FROM LOW INCOME FAMILIES, SO THEY MAY HAVE ACCESS TO HIGH-QUALITY PRESCHOOL PROGRAMS THE YEAR BEFORE THEY BEGIN KINDERGARTEN. ON MY PRE-K IS ADMINISTERED THROUGH THE OFFICE OF EARLY CHILDHOOD AND OUT OF SCHOOL LEARNING UNDER THE DIRECTION OF THE INDIANA FAMILY AND SOCIAL SERVICES ADMINISTRATION. ON MY PRE-K LAUNCHED IN 2015 IN FIVE COUNTIES, EXPANDED TO 20 COUNTIES IN 2017 AND MOVED TO ALL 92 COUNTIES IN 2019. INDIANA AEYC RECEIVES ON MY PRE-K FUNDS TO SUPPORT THE ON MY WAY PRE-K MANAGERS. ON MY WAY PRE-K MANAGERS SUCCESSFULLY RECRUIT AND ENROLL ELIGIBLE FAMILIES WITH A FOUR YEAR-OLD. INDIANA AEYC RECEIVES ON MY WAY FUNDING TO SUPPORT SCHOLARSHIPS FOR EARLY CHILDHOOD EDUCATORS THROUGH THE T.E.A.C.H. EARLY CHILDHOOD INDIANA AND THE NON FORMAL CDA PROJECTS. ON MY WAY FUNDING ALSO SUPPORTS EARLY CHILDHOOD FACILITIES THROUGH THE PTQ INCENTIVES AND NATIONAL ACCREDITATION, IF THEY HAVE AN ON MY WAY CHILD ENROLLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | 1 | $0 |
Name Not Listed Vice President (thru March 2023) | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Past President | OfficerTrustee | 1 | $0 |
Name Not Listed Vice President (starting April 2023) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,573,933 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,598,028 |
| Total Program Service Revenue | $44,627 |
| Investment income | $1 |
| 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 | $6,661,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500,298 |
| Grants and other assistance to domestic individuals. | $2,194,193 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $354,575 |
| Compensation of current officers, directors, key employees. | $287,044 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,392,754 |
| Pension plan accruals and contributions | $96,606 |
| Other employee benefits | $490,842 |
| Payroll taxes | $203,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,620 |
| Fees for services: Accounting | $30,848 |
| Fees for services: Lobbying | $1,323 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,255 |
| Advertising and promotion | $0 |
| Office expenses | $40,107 |
| Information technology | $113,141 |
| Royalties | $0 |
| Occupancy | $84,633 |
| Travel | $12,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,024 |
| Insurance | $19,167 |
| All other expenses | $19,629 |
| Total functional expenses | $6,671,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,099 |
| Savings and temporary cash investments | $6,263 |
| Pledges and grants receivable | $988,034 |
| Accounts receivable, net | $113,252 |
| 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 | $14,812 |
| Net Land, buildings, and equipment | $57,109 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $659 |
| Total assets | $1,667,228 |
| Accounts payable and accrued expenses | $850,859 |
| Grants payable | $0 |
| Deferred revenue | $24,918 |
| 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 | $875,777 |
| Net assets without donor restrictions | $781,451 |
| Net assets with donor restrictions | $10,000 |
| 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 | $1,667,228 |
Grants Awarded
Over the last fiscal year, Indiana Association For The Education Of Children Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MITCHELL EARLY CHILDHOOD AND FAMILY CENTER YMCA OF MUNCIE PURPOSE: Christine L Fisher Education Fund - 2021 Award | $5,000 |
OLE MISS PRESCHOOL WESTVIEW ELEMENTARY SCHOOL PURPOSE: Christine L Fisher Education Fund - 2021 Award | $5,000 |