Educare Inc
- Assets
- $6.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- 06/1992
- Data as of
- 05/2022
- 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 05/2022, Educare Inc generated $46.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $56.4k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TELEVISION PROGRAM
TELEVISION PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel R Arsenault President | 10 | $0 | |
Peter Bittle Producer | 8 | $0 | |
Leslie Hoyle Website Designer | 2 | $0 | |
Matt Wyers Communications | 2 | $0 | |
Lynn Robertson Bookkeeper | 3 | $0 | |
Richard Hastings CEO | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,097 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,122 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,115 |
| Professional fees and other payments to independent contractors | $2,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,748 |
| Other expenses | $0 |
| Total expenses | $56,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,653 |
| Other assets | $0 |
| Total assets | $6,653 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,653 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Educare Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Moore Foundation Inc Tuscaloosa, AL PURPOSE: EDUCATIONAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Childcare Food Supplement Inc Savannah, GA | $1,811,584 | $9,216,213 |
Early Education And Care Inc Panama City, FL | $7,887,030 | $6,650,931 |
Childcare Resources Birmingham, AL | $765,038 | $7,739,319 |
Florence Fuller Child Development Centers Inc Boca Raton, FL | $9,224,394 | $8,503,035 |
Suwannee Valley Community Coordinated Child Care Inc Lake City, FL | $3,066,073 | $6,401,589 |
Wesley House Family Services Inc Key West, FL | $12,343,960 | $6,876,035 |
Emory Egleston Cdc Employees Child Care Center Inc Atlanta, GA | $4,269,050 | $7,212,681 |
Jack And Jill Childrens Center Inc Ft Lauderdale, FL | $16,088,328 | $7,206,936 |
Healthy Start Of North Central Florida Inc Gainesville, FL | $2,191,679 | $5,861,492 |
Community Child Care Center Of Delray Beach Inc Delray Beach, FL | $7,715,191 | $5,315,232 |
Kids Incorporated Of The Big Bend Tallahassee, FL | $2,396,428 | $4,883,138 |
Habilitation And Training Services Inc Gallatin, TN | $2,538,366 | $5,452,693 |