Early Learning Coalition Of Pinnellas County Inc is located in Clearwater, FL. The organization was established in 2003. 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 06/2023, Early Learning Coalition Of Pinnellas County Inc employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Early Learning Coalition Of Pinnellas County 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 06/2023, Early Learning Coalition Of Pinnellas County Inc generated $116.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $116.5m during the year ending 06/2023. While expenses have increased by 17.8% 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
REVOLUTIONIZE EARLY LEARNING TO INSPIRE CHILDREN, ENGAGE FAMILIES, AND ELEVATE EDUCATORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL READINESS (SR) PROGRAM IS PART OF THE STATE'S EARLY CHILDHOOD EDUCATION AND PROVIDES THE ELEMENTS NECESSARY TO CHILDREN FOR SCHOOL, INCLUDING HEALTH SCREENINGS/REFERRALS AND AN APPROPRIATE EDUCATIONAL PROGRAM. THE SERVICES ARE PROVIDED ON A FULL DAY, FULL-YEAR, AND FULL- CHOICE BASIS TO THE EXTENT POSSIBLE TO ENABLE PARENTS TO WORK AND BE FINANCIALLY SELF-SUFFICIENT. THE DELIVERY OF SR PROGRAMS IS COMPRISED OF CHILDCARE PROVIDERS AND SCHOOL-BASED SITES OPERATED BY PUBLIC AND NONPUBLIC SCHOOLS THE SCHOOL READINESS PROGRAM HAS THREE SPECIFIC ELIGIBILITY REQUIREMENTS: 1) PARENT(S)/GUARDIAN(S) MUST BE WORKING OR PARTICIPATING IN AN EDUCATIONAL ACTIVITY SUCH AS ATTENDING COLLEGE OR TRADE SCHOOL AT LEAST 20 HOURS PER WEEK. 2) GROSS INCOME MUST BE AT OR BELOW 150 PERCENT OF THE FEDERAL POVERTY LEVEL FOR FAMILY SIZE. 3) FAMILIES MUST PAY A COPAYMENT FOR CHILDCARE BASED ON INCOME AND FAMILY SIZE. IN ADDITION, AS PART OF THE COVID- 19 CRISIS EMERGENCY FUNDING ASSISTANCE FOR EARLY LEARNING CHILD CARE PROVIDERS, THE COALITION RECEIVED ARPA STABILIZATION AND ARPA STABILIZATION BUILD A WORLD CLASS WORKFORCE INITIATIVES FUNDING TO SUPPORT THE EARLY LEARNING CHILD CARE PROVIDERS AND EARLY LEARNING EDUCATORS. THE PROGRAM IS FUNDED PRIMARILY BY THE FEDERAL CHILD CARE AND DEVELOPMENT FUND BLOCK GRANT AND THE ORGANIZATION HAS COMPLIED WITH THE EARMARKS AND RESTRICTIONS OF THE SR GRANT.
THE VOLUNTARY PREKINDERGARTEN EDUCATION PROGRAM (VPK) PREPARES EARLY LEARNERS FOR SUCCESS IN KINDERGARTEN AND BEYOND. VPK HELPS BUILD A STRONG FOUNDATION FOR SCHOOL USING EDUCATIONAL MATERIAL CORRESPONDING TO VARIOUS STAGES IN A CHILD'S DEVELOPMENT. TO BE ELIGIBLE, CHILDREN MUST LIVE IN FLORIDA AND BE 4 YEARS OLD ON OR BEFORE SEPTEMBER 1 OF THE CURRENT SCHOOL YEAR. THE PROGRAM IS DESIGNED TO ENHANCE EACH CHILD'S ABILITY TO MAKE AGE APPROPRIATE PROGRESS IN THE DEVELOPMENT OF LANGUAGE AND COGNITIVE CAPABILITIES THROUGH EDUCATION IN BASIC SKILLS. THE DELIVERY SYSTEM FOR THE VPK PROGRAM IS COMPRISED OF PRIVATE CHILDCARE CENTERS AND SCHOOLS, PUBLIC SCHOOLS, AND SPECIALIZED INSTRUCTIONAL SERVICES PROVIDERS. PARENTS CAN CHOOSE FOR THE CHILD THE SCHOOL YEAR PROGRAM THAT INCLUDES 540 INSTRUCTIONAL HOURS OR THE SUMMER PROGRAM THAT INCLUDES 300 INSTRUCTIONAL HOURS. THE PROGRAM IS FUNDED PRIMARILY WITH THE STATE GENERAL REVENUE FUNDING AND THE ORGANIZATION HAS COMPLIED WITH THE EARMARKS AND RESTRICTIONS OF THE VPK GRANT.
FROM THE FUNDS IN GENERAL APPROPRIATIONS ACT, SPECIFIC APPROPRIATION 85, 30,000,000 IS PROVIDED TO EXPAND THE PROVISION OF SERVICES TO LOW INCOME FAMILIES AT OR BELOW 200 PERCENT OF THE FEDERAL POVERTY LEVEL AS LONG AS THE INCOME DOES NOT EXCEED 85 PERCENT OF THE STATE MEDIAN INCOME. TO BE ELIGIBLE FOR FUNDING, THE COALITION MUST MATCH THE STATE FUNDS ON A DOLLAR-FOR-DOLLAR BASIS AND THE LOCAL MATCH MUST COMPLY WITH FEDERAL CHILD CARE AND DEVELOPMENT BLOCK GRANT MATCHING REQUIREMENTS. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, THE LOCAL MATCHING REQUIREMENTS WERE MET.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ricardo Davis Treasurer | Trustee | 1 | $0 |
Elliott Stern Past Chair | Trustee | 1 | $0 |
Victor Lucas Board Member | Trustee | 1 | $0 |
Amy Darby Board Member | Trustee | 1 | $0 |
Susan Weber Board Member | Trustee | 1 | $0 |
Faith Bornoff Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $113,730,163 |
All other contributions, gifts, grants, and similar amounts not included above | $2,799,804 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $116,529,967 |
Total Program Service Revenue | $0 |
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 | $116,529,967 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $404,064 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $329,650 |
Compensation of current officers, directors, key employees. | $329,650 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,903,676 |
Pension plan accruals and contributions | $409,914 |
Other employee benefits | $628,155 |
Payroll taxes | $425,442 |
Fees for services: Management | $476,709 |
Fees for services: Legal | $6,202 |
Fees for services: Accounting | $36,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $282,782 |
Information technology | $69,274 |
Royalties | $0 |
Occupancy | $344,327 |
Travel | $43,818 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,883 |
Insurance | $44,311 |
All other expenses | $2,500 |
Total functional expenses | $116,545,567 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,405,126 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $5,059,342 |
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 | $16,196 |
Net Land, buildings, and equipment | $17,528 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,984,877 |
Total assets | $11,483,069 |
Accounts payable and accrued expenses | $9,026,032 |
Grants payable | $0 |
Deferred revenue | $8,600 |
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 | $1,992,050 |
Total liabilities | $11,026,682 |
Net assets without donor restrictions | $456,387 |
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 | $11,483,069 |