Partners In Learning Child Development Center Inc is located in Salisbury, NC. The organization was established in 1999. 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 06/2021, Partners In Learning Child Development Center Inc employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners In Learning Child Development 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, Partners In Learning Child Development Center Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 7.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MODEL THE HIGHEST QUALITY LEARNING ENVIRONMENT THAT STIMULATES FAMILIES AND THE COMMUNITY TO PROVIDE OPTIMAL GROWTH AND DEVELOPMENT OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY DAYCARE FOR PRESCHOOL CHILDREN IN ROWAN COUNTY.
PROVIDE QUALITY DAYCARE FOR PRESCHOOL CHILDREN IN ROWAN COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Norma Honeycutt Exec. Direct | Officer | 40 | $58,054 |
Lyn Boulter Vice Chair | OfficerTrustee | 4 | $0 |
Jimmy Greene Treasurer | OfficerTrustee | 4 | $0 |
Celia Jarrett Board Chairm | OfficerTrustee | 4 | $0 |
Libby Post Secretary | OfficerTrustee | 4 | $0 |
Edith Bolick Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $670,762 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $670,762 |
Total Program Service Revenue | $2,253,706 |
Investment income | $639 |
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 | $2,985,337 |
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. | $60,240 |
Compensation of current officers, directors, key employees. | $60,240 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,710,749 |
Pension plan accruals and contributions | $24,096 |
Other employee benefits | $65,606 |
Payroll taxes | $134,826 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,430 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $124,914 |
Advertising and promotion | $1,557 |
Office expenses | $1,618 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $60 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,258 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $41,771 |
Insurance | $44,550 |
All other expenses | $96,980 |
Total functional expenses | $2,571,429 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $694,818 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $9,194 |
Net Land, buildings, and equipment | $1,444,596 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,148,608 |
Accounts payable and accrued expenses | $402 |
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 | $402 |
Net assets without donor restrictions | $1,213,152 |
Net assets with donor restrictions | $935,054 |
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 | $2,148,608 |
Over the last fiscal year, we have identified 4 grants that Partners In Learning Child Development Center Inc has recieved totaling $270,933.
Awarding Organization | Amount |
---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $260,434 |
Margaret C Woodson Foundation Incorporated Charlotte, NC PURPOSE: INCLUDE ME! PROGRAM | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $357 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Organization Name | Assets | Revenue |
---|---|---|
Quality Care For Children Inc Atlanta, GA | $7,415,823 | $20,444,719 |
Child Care Resources Inc Charlotte, NC | $14,134,148 | $14,856,531 |
The Childrens Center Franklin, VA | $3,548,502 | $14,069,816 |
Campagna Center Inc Alexandria, VA | $7,278,188 | $13,190,790 |
Child Care Resources Inc Richmond, VA | $3,029,926 | $11,141,593 |
Positively Living Inc Knoxville, TN | $4,436,601 | $10,571,861 |
Community Childcare Food Supplement Inc Savannah, GA | $1,811,584 | $9,216,213 |
Southwestern Child Development Commission Inc Webster, NC | $5,030,316 | $8,632,437 |
Emory Egleston Cdc Employees Child Care Center Inc Atlanta, GA | $4,269,050 | $7,212,681 |
North Carolina 811 Inc Greensboro, NC | $5,590,050 | $6,021,389 |
Higher Horizons Day Care Center Inc Falls Church, VA | $702,778 | $4,937,803 |
Habilitation And Training Services Inc Gallatin, TN | $2,538,366 | $5,452,693 |