Geears The Georgia Early Education Alliance For Ready Students Inc
- Assets
- $2.1m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 15
- Location
- Atlanta, GA
- Founding
- 02/2015
- Data as of
- 06/2022
- EIN
- 46-4250104
Organization Overview
Geears The Georgia Early Education Alliance For Ready Students Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2022, Geears The Georgia Early Education Alliance For Ready Students Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geears The Georgia Early Education Alliance For Ready Students 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, Geears The Georgia Early Education Alliance For Ready Students Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $2.0m during the year ending 06/2022. 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 SUPPORT HIGH QUALITY EARLY LEARNING AND HEALTHY DEVELOPMENT FOR GEORGIA'S YOUNGEST CHILDREN FROM BIRTH TO FIVE, BY CHAMPIONING POLICIES, PROMOTING INNOVATIVE AND EVIDENCE-BASED PRACTICES AND BUILDING PUBLIC WILL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEEARS: THE GEORGIA EARLY ALLIANCE FOR READY STUDENTS OPERATES TO INSPIRE AND PROVIDE LEADERSHIP FOR A STATEWIDE MOVEMENT ON QUALITY EARLY LEARNING AND HEALTHY DEVELOPMENT FOR ALL CHILDREN AGES BIRTH THROUGH FIVE. GEEARS VISION IS, BY 2021, ALL STUDENTS WILL ENTER KINDERGARTEN PREPARED TO SUCCEED AND ON A PATH TO READ TO LEARN BY THIRD GRADE.THROUGH OUR PUBLIC AWARENESS CAMPAIGN FOR QUALITY RATED CHILDCARE, GEEARS STRIVES TO CREATE WIDESPREAD PUBLIC AWARENESS ABOUT TOOLS THAT PARENTS CAN USE TO IDENTIFY HIGH QUALITY CHILDCARE PROVIDERS THROUGH PAID AND EARNED TRADITIONAL MEDIA, AND SOCIAL MEDIA.PAACT: PROMISE ALL ATLANTA CHILDREN THRIVE INITIATIVE WORKS TO COALESCE STAKEHOLDERS IN ATLANTA TO WORK TOGETHER FOR BETTER OUTCOMES FOR CHILDREN BIRTH TO 5 AND THEIR FAMILIES.GEEARS LEADS THE MAYOR'S SUMMER READING CLUB WHICH PROVIDES LITERACY ACTIVITIES THROUGHOUT THE SUMMER IN METRO ATLANTA AND DISTRIBUTES 20,000 BOOKS PER SUMMER SO THAT CHILDREN HAVE BOOKS TO SUPPORT BUILDING THEIR VOCABULARY.GEEARS CONVENED AND FACILIATED THE ATLANTA EARLY EDUCATION LEADERSHIP COUNCIL, COMPRISED OF BUSINESS, CIVIC, EDUCATION AND PHILANTHROPIC LEADERS IN ATLANTA, TO CREATE A SERIES OF HIGH-IMPACT RECOMMENDATIONS TO CHANGE THE TRAJECTORY FOR INFANTS AND TODDLERS AND THEIR FAMILIES IN THE CITY OF ATLANTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindy K Binderman Executive Dir. | Officer | 45 | $140,815 |
Peter Berg Director | Trustee | 1 | $0 |
Trevor Neumann Director | Trustee | 1 | $0 |
Sarah-Elizabeth Reed Director | Trustee | 1 | $0 |
Marti Walsh Director | Trustee | 1 | $0 |
Kimberly Wright Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $224,088 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,625,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,849,188 |
| Total Program Service Revenue | $192,764 |
| Investment income | $1,121 |
| 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 | $3,043,073 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| 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. | $175,798 |
| Compensation of current officers, directors, key employees. | $8,919 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $709,929 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,680 |
| Payroll taxes | $90,305 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,454 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $534,535 |
| Advertising and promotion | $0 |
| Office expenses | $24,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,143 |
| Travel | $9,441 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,943 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,487 |
| Insurance | $1,882 |
| All other expenses | $999 |
| Total functional expenses | $2,041,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,469,153 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $592,313 |
| 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 | $29,218 |
| Net Land, buildings, and equipment | $17,176 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $2,111,860 |
| Accounts payable and accrued expenses | $11,187 |
| Grants payable | $0 |
| Deferred revenue | $57,465 |
| 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 | $131,417 |
| Total liabilities | $200,069 |
| Net assets without donor restrictions | $118,772 |
| Net assets with donor restrictions | $1,793,019 |
| 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 | $2,111,860 |
Grants Awarded
Over the last fiscal year, Geears The Georgia Early Education Alliance For Ready Students Inc has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA STATE UNIVERSITY PURPOSE: GA-AIMH SPONSORSHIP | $85,000 |
QUALITY CARE FOR CHILDREN PURPOSE: EMERGENCY SCHOLARSHIP FUND | $15,000 |