Swannanoa Valley Child Care Council Inc
- Assets
- $1.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 34
- Location
- Black Mountain, NC
- Founding
- 04/1982
- Data as of
- 12/2023
- EIN
- 56-1257811
Organization Overview
Swannanoa Valley Child Care Council Inc, operating under the name Donald S Collins Early Learnin, is located in Black Mountain, NC. The organization was established in 1982. 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, Donald S Collins Early Learnin employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald S Collins Early Learnin 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, Donald S Collins Early Learnin generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 13.1% per year over the past 8 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
DONALD S COLLIN CENTER IS COMMITTED TO SERVING CHILDREN, SIX WEEKS TO KINDERGARTEN, FROM DIVERSE FAMILIES. OUR CARING, TRAINED STAFF PROVIDE A SAFE AND NURTURING ENVIRONMENT WITH CREATIVE AND DEVELOPMENTALLY APPROPRIATE EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWANNANOA CALLEY CHILD CARE COUNCIL COMMITS ITSELF TO PROVIDING A 5-STAR PLAY-BASED LEARNING ENVIRONMENT FOR YOUNG CHILDREN. WE PROVIDE LEARNING OPPORTUNITIES WHILE BEING UNDER THE SUPERVISION OF HIGHLY QUALIFIED AND EXPERIENCED EDUCATORS. IN 2023, SVCCC ENROLLED 103 STUDENTS WITH 96 OF THOSE CHILDREN RECEIVING SUBSIDIZED MEALS THROUGH CACFP. OUR FACILITY SERVES 4 STUDENTS WITH IEPS, 9 STUDENTS RECEIVE SPEECH THREAPY AND 4 STUDENTS RECEIVE OCCUPANTIONAL THERAPY. A MENTAL HEALTH SPECIALIST IS AVAILABLE PART-TIME TO SUPPORT CHILDREN, FAMILIES AND STAFF. THE NATURAL PLAYGROUND PROVIDES MANY OPPORTUNITIES TO BRING THE CLASSROOM ENVIRONMENT OUTDOORS AND NUTURE THE CURIOSITY OF YOUNG CHILDREN. CLASSROOMS ARE EASILY ACCESSIBLE AND FURNISHED WITH MATERIALS FOR CHILDREN WITH VARYING DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monnie L Wright Executive Director | Officer | 40 | $47,236 |
Rachel Mcmahan Board Member | Trustee | 2 | $0 |
Nancy Ellington Board Member | Trustee | 1 | $0 |
Maggie Tuttle Board Member | Trustee | 5 | $0 |
Leslie Carriero Board Member | Trustee | 5 | $0 |
Johnathan Ehrlich Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $501,441 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,467 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $554,908 |
| Total Program Service Revenue | $914,996 |
| Investment income | $5,919 |
| 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 | $1,475,823 |
| 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. | $47,236 |
| Compensation of current officers, directors, key employees. | $3,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $828,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,487 |
| Payroll taxes | $67,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,723 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,765 |
| Advertising and promotion | $0 |
| Office expenses | $15,816 |
| Information technology | $3,864 |
| Royalties | $0 |
| Occupancy | $104,204 |
| Travel | $398 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,302 |
| Interest | $15,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,730 |
| Insurance | $13,826 |
| All other expenses | $0 |
| Total functional expenses | $1,326,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,174 |
| Savings and temporary cash investments | $293,786 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,363 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,289,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,879 |
| Other assets | $0 |
| Total assets | $1,938,739 |
| Accounts payable and accrued expenses | $0 |
| 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 | $146,454 |
| Unsecured mortgages and notes payable | $141,611 |
| Other liabilities | $0 |
| Total liabilities | $288,065 |
| Net assets without donor restrictions | $1,650,674 |
| 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 | $1,938,739 |