Childrens Learning Center Inc
- Assets
- $1.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 50
- Location
- Dekalb, IL
- Founding
- 07/1974
- Data as of
- 06/2023
- EIN
- 36-2717649
Organization Overview
Childrens Learning Center Inc is located in Dekalb, IL. The organization was established in 1974. 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 06/2023, Childrens Learning Center Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Learning Center 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, Childrens Learning Center Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. 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
CHILDRENS LEARNING CENTER IS A NOT-FOR-PROFIT EARLY EDUCATION AND CHILD CARE CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SUBSIDIZED CHILD CARE SERVICES TO LOW AND MODERATE INCOME FAMILIES. THE CENTER OFFERS EARLY CHILDHOOD PROGRAMS FOR INFANTS, TODDLERS, PRESCHOOL GROUPS, BEFORE AND AFTER SCHOOL PROGRAMS, AND SCHOOL HOLIDAY AND SUMMER CARE PROGRAMS. IN THE 2022-2023 YEAR, 25 CHILDREN WERE IN THE INFANT/TODDLER GROUP, 23 ATTENDED PRESCHOOL, 32 CHILDREN ATTENDED BEFORE/AFTER CARE AND SCHOOL HOLIDAY AND SUMMER CARE PROGRAMS. ALL OF THESE PROGRAMS ARE ONGOING. THE ONGOING CRISIS OF HIRING AND RETAINING QUALIFIED TEACHERS IS STILL A CHALLENGE. THIS CONTINUES TO CHALLENGE CLC'S ABILITY TO RETURN TO FULL ENROLLMENT. CHILDREN'S LEARNING CENTER REMAINS COMMITTED TO PROVIDING HIGH QUALITY EARLY EDUCATION AND CHILD CARE. THE TEACHER SHORTAGE MAKES THIS NEARLY IMPOSSIBLE. HOWEVER, THE STAFF REMAIN AT THE TOP OF THEIR PROFESSIONALISM.CHILDREN'S LEARNING CENTER CONTINUES TO BE A GOLD CIRCLE OF QUALITY FROM THE EXCELERATE ILLINOIS PROGRAM. THIS DEMONSTRATES THE ONGOING EFFORTS TO PROVIDE HIGH QUALITY EARLY CHILDHOOD EDUCATION FOR THE FAMILIES.CHILDREN'S LEARNING CENTER RENEWED ITS ACCREDITATION THROUGH EARLY LEARNING LEADERS NATIONAL ACCREDITATION COMMISSION. WE STARTED ALLOWING ENTRY FOR FAMILES BACK INTO THE CENTER IN MAY 2023. ALONG WITH USING PROCARE FOR COMMUNICATION WE IMPLENMENTED A CONTACTLESS SIGN-IN/OUT PROCESS FOR PARENTS TO SCAN A QR CODE USING A UNQUIE BARCODE THAT ALLOWS THE USE OF A SMART PHONE. WE ALSO HAVE AN IPAD THAT IS USED IN THE OFFICE FOR PARENTS WHO DO NOT HAVE THIER SMART PHONE TO USE. WE HELD OUR FIRST ICE CREAM TRUCK SOCIAL AND TRUNK OR TREAT FOR FAMILIES IT WAS VERY EXCITING AND FUN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tris Ottolino President | OfficerTrustee | 1 | $0 |
Amanda Ward Vice President | OfficerTrustee | 1 | $0 |
Vicki Maertz Secretary (thru April 2023) | OfficerTrustee | 1 | $0 |
Craig Rose Treasurer | OfficerTrustee | 1 | $0 |
Marcellus Anderson Director | Trustee | 1 | $0 |
Stephanie Faulkner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,834 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $699,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,320 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $949,053 |
| Total Program Service Revenue | $227,362 |
| Investment income | $7,273 |
| 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 | $1,195,412 |
| 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. | $122,058 |
| Compensation of current officers, directors, key employees. | $122,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $995,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,860 |
| Payroll taxes | $83,567 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,998 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,184 |
| Office expenses | $12,135 |
| Information technology | $1,343 |
| Royalties | $0 |
| Occupancy | $57,904 |
| Travel | $5,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,253 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,350 |
| Insurance | $12,665 |
| All other expenses | $0 |
| Total functional expenses | $1,495,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,942 |
| Savings and temporary cash investments | $301,095 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $60,128 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,503 |
| Prepaid expenses and deferred charges | $1,425 |
| Net Land, buildings, and equipment | $409,769 |
| Investments—publicly traded securities | $344,293 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,485,155 |
| Accounts payable and accrued expenses | $80,712 |
| Grants payable | $0 |
| Deferred revenue | $3,938 |
| 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 | $84,650 |
| Net assets without donor restrictions | $1,041,457 |
| Net assets with donor restrictions | $359,048 |
| 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 | $1,485,155 |