Early Learning Coalition Of Lake County
- Assets
- $2.7m
- Revenue
- $22.6m
- Investments
- $0.0
- Employees
- 32
- Location
- Leesburg, FL
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 59-3666873
Organization Overview
Early Learning Coalition Of Lake County is located in Leesburg, FL. The organization was established in 2001. 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, Early Learning Coalition Of Lake County employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Early Learning Coalition Of Lake County 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, Early Learning Coalition Of Lake County generated $22.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $22.5m during the year ending 06/2022. While expenses have increased by 12.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND SUPPORT PARENTS, EARLY CHILDHOOD PROFESSIONALS AND THE COMMUNITY AS WE COLLABORATE TO CONTINUE TO PROVIDE THE HIGHEST QUALITY EARLY LEARNING PROGRAMS FOR OUR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF SUBSIDIZED CHILD CARE VIA CONTRACTED SERVICES WITH CHILD CARE PROVIDERS IN LAKE COUNTY SERVING NEEDS OF INCOME ELIGIBLE AND AT-RISK CHILDREN. THE COALITION CONTRACTED WITH 101 CONTRACTED PROVIDERS AND SERVED 2,963 UNDUPLICATED CHILDREN FOR FY 2021-2022.
PROVISION OF PRE-KINDERGARDEN (AGE 4) EARLY INTERVENTION EDUCATION PROGRAMS/VOLUNTARY PRE-K PROGRAM DEVELOPMENT AS MANDATED BY THE STATE OF FLORIDA. A TOTAL OF 2,683 CHILDREN WERE ENROLLED DURING THE YEAR.
PROVISION OF EARLY EDUCATION ENHANCEMENT PROGRAMS INCLUDING CHILD CARE PROVIDER EDUCATION, SUPPLEMENTAL MATERIALS AND MOBILE RESOURCE UNIT. THE MOBILE RESOURCE UNIT (BIG BLUE BUS) (BBB) VISITS ABOUT 44 CENTERS ANNUALLY TO BRING ACTIVITIES AND READING PROGRAMS TO THE CHILD CARE CENTERS. THE BBB ALSO PARTICIPATED IN 1 COMMUNITY EVENT AND DISTRIBUTED INFORMATION ABOUT THE ELCS PROGRAM AND SERVICES TO PARENTS AND CHILDREN THAT ATTENDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Be Thompson Chairman | OfficerTrustee | 5 | $0 |
Sandi Moore Vice Chairma | OfficerTrustee | 3 | $0 |
Caroline Vandyken Treasurer | OfficerTrustee | 3 | $0 |
Jacquie Barnwell-Williams Director | Trustee | 1 | $0 |
Cathy Clay Director | Trustee | 1 | $0 |
Andrea Dunckel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,250,717 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,568 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,298,285 |
| Total Program Service Revenue | $251,934 |
| Investment income | $93 |
| 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 | $22,550,312 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,453,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $94,399 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,034 |
| Advertising and promotion | $15,473 |
| Office expenses | $6,302 |
| Information technology | $59,915 |
| Royalties | $0 |
| Occupancy | $212,299 |
| Travel | $34,428 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,611 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,941 |
| Insurance | $35,942 |
| All other expenses | $47,327 |
| Total functional expenses | $22,537,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,281,792 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $297,617 |
| 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 | $8,821 |
| Net Land, buildings, and equipment | $63,013 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,292 |
| Total assets | $2,664,535 |
| Accounts payable and accrued expenses | $2,081,813 |
| 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 | $338,415 |
| Total liabilities | $2,420,228 |
| Net assets without donor restrictions | $244,307 |
| 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 | $2,664,535 |