North Carolina Day Care Association
- Assets
- $540.6k
- Revenue
- $819.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Winston Salem, NC
- Founding
- 06/1985
- Data as of
- 12/2023
- EIN
- 56-1352826
Organization Overview
North Carolina Day Care Association, operating under the name NC Early Education Coalition, is located in Winston Salem, NC. The organization was established in 1985. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2023, NC Early Education Coalition employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NC Early Education Coalition 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, NC Early Education Coalition generated $819.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.8% each year . All expenses for the organization totaled $902.0k during the year ending 12/2023. While expenses have increased by 61.0% 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
ACT AS AN ORGANIZATION TO PROVIDE EDUCATION, INFORMATION DISTRIBUTION, AND OTHER MATERIALS TO EDUCATE COMMUNITIES ABOUT THE IMPORTANCE OF HIGH QUALITY CHILDHOOD EDUCATION, ESPECIALLY FOR INFANTS AND TODDLERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION ACCOMPLISHES ITS WORK THROUGH EDUCATION, TRAINING AND BY CREATING TOOLS AND RESOURCES TO INFORM LOCAL COMMUNITIES ABOUT CHILD CARE, PROMOTING BEST PRACTICES AND CREATIVE STRATEGIES WITHIN AND BEYOND NORTH CAROLINA THAT MIGHT HELP MAKE THE NEEDED IMPROVEMENT IN THE CHILD CARE SYSTEM FOR CHILDREN, FAMILIES AND CHILD CARE PROGRAMS
PARTNERING WITH OTHER ORGANIZATIONS TO INFORM STATE APPOINTED AND ELECTED POLICY MAKERS ABOUT THE UNMET NEEDS FOR HIGH QUALITY AFFORDABLE AND ACCESSIBLE CHILD CARE FOR YOUNG CHILDREN AND THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenna Nelson Executive Director Through Oct 2023 | Officer | 40 | $74,510 |
Janice Price President | OfficerTrustee | 4 | $0 |
Sarah Norris Vice President | OfficerTrustee | 4 | $0 |
Katura Jackson Treasurer | OfficerTrustee | 4 | $0 |
Sue Russell Assistant Treasurer | OfficerTrustee | 4 | $0 |
Rhonda Rivers Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,254 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $774,984 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $813,238 |
| Total Program Service Revenue | $0 |
| Investment income | $7,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,655 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $819,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,745 |
| Compensation of current officers, directors, key employees. | $6,295 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $313,050 |
| Pension plan accruals and contributions | $9,258 |
| Other employee benefits | $22,113 |
| Payroll taxes | $32,066 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,084 |
| Fees for services: Lobbying | $10,554 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,977 |
| Advertising and promotion | $0 |
| Office expenses | $18,706 |
| Information technology | $58,369 |
| Royalties | $0 |
| Occupancy | $10,680 |
| Travel | $13,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,191 |
| All other expenses | $42,531 |
| Total functional expenses | $901,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,280 |
| Savings and temporary cash investments | $206,752 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $1,549 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $540,581 |
| Accounts payable and accrued expenses | $14,115 |
| 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 | $0 |
| Total liabilities | $14,115 |
| Net assets without donor restrictions | $69,829 |
| Net assets with donor restrictions | $456,637 |
| 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 | $540,581 |
Grants Awarded
Over the last fiscal year, North Carolina Day Care Association has awarded $91,768 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA PARTNERSHIP FOR CHILDREN PURPOSE: Subrecipient Grant | $54,218 |
EMPOWERED PARENTS IN COMMUNITY PURPOSE: PCI Micro Grant | $10,000 |
LINCOLN HEIGHT COMMUNITY DEVELOPMENT COALITION PURPOSE: PCI Micro Grant | $8,250 |
WORK FAMILY RESOURCE CENTER INC PURPOSE: PCI Micro Grant | $7,000 |
NATIONAL BIRTH COALITION PURPOSE: PCI Micro Grant | $7,000 |
SMART START OF TRANSYLVANIA COUNTY PURPOSE: PCI Micro Grant | $5,300 |