Cedarbrook Early Learning Center
- Assets
- $291.5k
- Revenue
- $814.5k
- Investments
- $0.0
- Employees
- 19
- Location
- Port Hadlock, WA
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-2330903
Organization Overview
Cedarbrook Early Learning Center is located in Port Hadlock, WA. The organization was established in 2015. 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 12/2023, Cedarbrook Early Learning Center employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedarbrook Early Learning Center 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 12/2023, Cedarbrook Early Learning Center generated $814.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $797.5k during the year ending 12/2023. While expenses have increased by 13.1% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CEDARBROOK EARLY LEARNING CENTER IS TO PROVIDE EXCEPTIONAL CHILDCARE AND EDUCATIONAL SERVICES TO THE JEFFERSON COUNTY, WA COMMUNITY, SUPPORTING PARENTS AND CAREGIVERS IN MAINTAINING GAINFUL EMPLOYMENT. WE ARE COMMITTED TO DELIVERING A NURTURING, EDUCATIONAL, AND SPIRITUAL ENVIRONMENT WHERE EVERY CHILD CAN THRIVE IN THEIR EARLY LEARNING EXPERIENCES. WE STRIVE TO BE A VITAL RESOURCE FOR PARENTS AND FOSTER A STRONG, POSITIVE CONNECTION WITH OUR COMMUNITY. WE ARE DEDICATED TO OFFERING QUALITY CARE TO ALL CHILDREN, REGARDLESS OF THEIR FAMILY'S INCOME LEVEL, ENSURING THAT EVERY CHILD HAS ACCESS TO THE SUPPORT THEY NEED FOR A BRIGHT FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY CHILDCARE TO 58 FAMILIES. PROVIDED DISCOUNTED CARE FOR FAMILIES WHO ARE FACING FINANCIAL LIMITATIONS. PROVIDE STAFF TRAINING AND SUPPORT. PROVIDE SUPPORT AND EVENTS FOR FAMILIES IN THE COMMUNITY. PROVIDE MONTHLY ENRICHMENT PROGRAMS FOR CHILDREN IN CARE. PROVIDE NUTRITIOUS MEALS TO CHILDREN IN CARE. MADE MUCH NEEDED IMPROVEMENTS TO OUR AGING FACILITY. PROVIDE EMERGENCY CARE FOR CHILDREN IN FOSTER CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Fulton Executive Director | OfficerTrustee | 40 | $67,103 |
Bonita Cotterill Secretary | OfficerTrustee | 35 | $40,937 |
Jamie Handly President | OfficerTrustee | 0 | $0 |
Joann Becker Vice President | OfficerTrustee | 0 | $0 |
Gregory Reseck Board Member | OfficerTrustee | 0 | $0 |
Candice Cotterill Treasurer | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,076 |
| Related organizations | $0 |
| Government grants | $215,142 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,945 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,163 |
| Total Program Service Revenue | $582,300 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $814,463 |
| 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. | $108,040 |
| Compensation of current officers, directors, key employees. | $108,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $422,147 |
| Pension plan accruals and contributions | $6,916 |
| Other employee benefits | $4,189 |
| Payroll taxes | $68,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,628 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,258 |
| Office expenses | $20,742 |
| Information technology | $1,390 |
| Royalties | $0 |
| Occupancy | $39,680 |
| Travel | $705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,387 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,708 |
| Insurance | $3,000 |
| All other expenses | $1,719 |
| Total functional expenses | $797,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,004 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $122,214 |
| 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 | $53 |
| Net Land, buildings, and equipment | $61,214 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $291,485 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $21,375 |
| 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 | $9,105 |
| Total liabilities | $30,480 |
| Net assets without donor restrictions | $0 |
| 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 | $261,005 |
| Total liabilities and net assets/fund balances | $291,485 |