Michigan Association For The Education Of Young Children
- Assets
- $2.4m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 17
- Location
- Lansing, MI
- Founding
- 04/1988
- Data as of
- 09/2022
- EIN
- 38-2134182
Organization Overview
Michigan Association For The Education Of Young Children is located in Lansing, MI. The organization was established in 1988. As of 09/2023, Michigan Association For The Education Of Young Children employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Association For The Education Of Young Children 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 09/2022, Michigan Association For The Education Of Young Children generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $5.5m during the year ending 09/2022. While expenses have increased by 9.0% 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 PROMOTE HIGH-QUALITY EARLY LEARNING FOR ALL CHILDREN BIRTH THROUGH AGE 8.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED THE T.E.A.C.H EARLY CHILDHOOD MICHIGAN, WHICH IS A SCHOLARSHIP PROGRAM FOR TEACHERS IN CHILD CARE CENTERS AND HOMES.
MICHIGAN AEYC CONDUCTED ITS ANNUAL CONFERENCE ON APRIL 20TH-APRIL 22ND, 2023. IT ALSO PROVIDED SCHOLARSHIPS FOR THE BRIAN WHITE GRANT, JACQUELINE MILLER GRANT (JME GRANT), STUDENT LEADERSHIP FUND (SLF) AND THE DEBBIE ANTONE MEMORIAL FUND (DAMF).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyndsay Carey Member At-Large | Trustee | 3 | $0 |
Zazai Owens Member At-Large | Trustee | 3 | $0 |
Robert Fillmore Member At-Large | Trustee | 3 | $0 |
Megan Chumbley Member At-Large | Trustee | 3 | $0 |
Jennifer Wixson Member At-Large | Trustee | 3 | $0 |
Jolene Andriashko Member At-Large | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $91,487 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,259,155 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,865 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,431,507 |
| Total Program Service Revenue | $318,997 |
| Investment income | $8,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$73 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,759,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,049 |
| Compensation of current officers, directors, key employees. | $14,218 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $727,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,484 |
| Payroll taxes | $71,817 |
| Fees for services: Management | $3,550 |
| Fees for services: Legal | $325 |
| Fees for services: Accounting | $28,355 |
| Fees for services: Lobbying | $6,575 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,456 |
| Office expenses | $89,564 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,876 |
| Travel | $50,739 |
| 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 | $7,975 |
| Insurance | $3,610 |
| All other expenses | $36,898 |
| Total functional expenses | $5,490,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,274 |
| Savings and temporary cash investments | $445,307 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,323,031 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,124 |
| Prepaid expenses and deferred charges | $15,566 |
| Net Land, buildings, and equipment | $22,484 |
| Investments—publicly traded securities | $308,086 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,375,872 |
| Accounts payable and accrued expenses | $1,026,210 |
| Grants payable | $4,081 |
| Deferred revenue | $42,690 |
| 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 | $68,497 |
| Total liabilities | $1,141,478 |
| Net assets without donor restrictions | $987,193 |
| Net assets with donor restrictions | $247,201 |
| 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 | $2,375,872 |