Educare Inc
- Assets
- $1.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- 06/1992
- Data as of
- 05/2024
- EIN
- 63-1049997
Organization Overview
Educare Inc is located in Tuscaloosa, AL. The organization was established in 1992. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educare 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 05/2024, Educare Inc generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $44.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TELEVISION PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Hastings CEO | 8 | $0 | |
Daniel R Arsenault President | 10 | $0 | |
Peter Bittle Producer | 8 | $0 | |
Leslie Hoyle Website Designer | 2 | $0 | |
Matt Wyers Communications | 2 | $0 | |
David Arsenault Marketing Adviser | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,078 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,078 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,920 |
| Professional fees and other payments to independent contractors | $1,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,038 |
| Other expenses | $1,200 |
| Total expenses | $44,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,889 |
| Other assets | $0 |
| Total assets | $1,889 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,889 |