Malaika Early Learning Center Inc
- Assets
- $3.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 36
- Location
- Milwaukee, WI
- Founding
- 01/2002
- Data as of
- 06/2021
- EIN
- 39-2021628
Organization Overview
Malaika Early Learning Center Inc is located in Milwaukee, WI. The organization was established in 2002. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Malaika Early Learning Center Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malaika Early 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 06/2021, Malaika Early Learning Center Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A HIGH QUALITY LEARNING EXPERIENCE FOR CHILDREN AGES 6-WEEKS THROUGH 8 YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHILD CARE FACILITY SERVING APPROXIMATELY 60 CHILDREN. OPERATION OF A SCHOOL PROGRAM SERVING APROXIMATELY 103 CHILDREN IN K4-3RD GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Johnson Executive Director | Officer | 40 | $121,532 |
Christopher Banaszak President | OfficerTrustee | 2 | $0 |
Robert Cleveland Treasurer | OfficerTrustee | 2 | $0 |
Emily Alwood Vice President | OfficerTrustee | 2 | $0 |
Oby Nwabuzor Secretary | OfficerTrustee | 2 | $0 |
Dennis J Mueller Founder | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $119,320 |
| Related organizations | $0 |
| Government grants | $625,914 |
| All other contributions, gifts, grants, and similar amounts not included above | $419,223 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,164,457 |
| Total Program Service Revenue | $532,380 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,713 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,694,746 |
| 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. | $121,532 |
| Compensation of current officers, directors, key employees. | $46,582 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $859,918 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,490 |
| Payroll taxes | $76,562 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,821 |
| Advertising and promotion | $3,106 |
| Office expenses | $6,927 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,035 |
| Travel | $2,650 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,289 |
| Interest | $2,919 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $165,254 |
| Insurance | $32,088 |
| All other expenses | $0 |
| Total functional expenses | $1,510,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,932 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,492 |
| 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 | $8,371 |
| Net Land, buildings, and equipment | $2,917,347 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,184,142 |
| Accounts payable and accrued expenses | $18,225 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $13,693 |
| Total liabilities | $31,918 |
| Net assets without donor restrictions | $3,152,224 |
| Net assets with donor restrictions | $0 |
| 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 | $3,184,142 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Malaika Early Learning Center Inc has recieved totaling $216,275.
| Awarding Organization | Amount |
|---|---|
Todd Wehr Foundation Inc Wauwatosa, WI PURPOSE: CAPITAL IMPR ADDITION | $100,000 |
Herbert H Kohl Charities Inc Milwaukee, WI PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $25,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SUSTAINING SUPPORT | $16,250 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SUSTAINING SUPPORT | $16,250 |
Fotsch Family Foundation Nashotah, WI PURPOSE: CHARITABLE CONTRIBUTION | $15,000 |
Archie And Viola Meinerz Family Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |
Woodlands School Inc Milwaukee, WI | $2,983,188 | $7,550,703 |
Chiaravalle Montessori School Evanston, IL | $20,991,628 | $8,509,054 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
Roycemore School Evanston, IL | $12,981,481 | $7,960,339 |
Lake Area Discovery Center White Bear Lake, MN | $2,847,181 | $7,699,616 |
Metropolitan Children And Youth Inc Detroit, MI | $1,358,627 | $5,984,825 |
Family Forum Inc Superior, WI | $1,927,260 | $6,315,479 |
Lake Country School Montessori Learning Environments Minneapolis, MN | $16,072,245 | $6,022,305 |
Wisconsin Montessori Society Inc Milwaukee, WI | $12,863,252 | $6,437,977 |