Mi Escuelita Preschool Inc
- Assets
- $2.8m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 90
- Location
- Dallas, TX
- Founding
- 01/1981
- Data as of
- 12/2022
- EIN
- 75-1728505
Organization Overview
Mi Escuelita Preschool Inc is located in Dallas, TX. The organization was established in 1981. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2022, MI Escuelita Preschool Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. MI Escuelita Preschool 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 12/2022, MI Escuelita Preschool Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $4.8m during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 8 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
MI ESCUELITA PRESCHOOL IS AN EARLY CHILDHOOD PROGRAM DEDICATED TO TEACHING ENGLISH AND DEVELOPING EARLY LEARNING SKILLS TO AT-RISK CHILDREN OF ALL CULTURES FOR PREPARATION TOWARD A SUCCESSFUL SCHOOL EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1978, MI ESCUELITA IS AN EARLY CHILDHOOD EDUCATION PROGRAM DEDICATED TO TEACHING ENGLISH AND DEVELOPING EARLY LEARNING SKILLS TO AT-RISK CHILDREN OF ALL CULTURES FOR PREPARATION TOWARD A SUCCESSFUL SCHOOL EXPERIENCE. THROUGH A DAY-LONG PROGRAM, MI ESCUELITA PLACES EMPHASIS ON A GOOD SELF-IMAGE, MULTIPLE LANGUAGE OPPORTUNITIES AND THE PRESERVATION OF EACH CHILD'S CULTURAL HERITAGE. MI ESCUELITA CURRENTLY SERVICES 434 CHILDREN AT SEVEN LOCATIONS THROUGHOUT THE DALLAS, TEXAS AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Jamison Roane Chairman | Trustee | 2 | $0 |
Eric Base Treasurer | OfficerTrustee | 2 | $0 |
Gayle Nave Executive Director | OfficerTrustee | 40 | $168,549 |
Leticia Little Member | OfficerTrustee | 2 | $0 |
Nathaniel Bennett III Vice Chair | OfficerTrustee | 2 | $0 |
Larry Banda Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dfw Renovation Specialists Renovation Services | 12/30/22 | $235,255 |
Twelve Oaks Catering Food Provider/services | 12/30/22 | $153,661 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $237,756 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,688,486 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,169,200 |
| Noncash contributions included in lines 1a–1f | $11,816 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,095,442 |
| Total Program Service Revenue | $404,236 |
| 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 | $5,499,678 |
| 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 | $168,550 |
| Other salaries and wages | $3,125,926 |
| Pension plan accruals and contributions | $77,331 |
| Other employee benefits | $265,800 |
| Payroll taxes | $270,023 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,788 |
| 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 | $50,171 |
| Information technology | $38,376 |
| Royalties | $0 |
| Occupancy | $119,405 |
| Travel | $16,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,964 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,492 |
| Insurance | $62,626 |
| All other expenses | $61,735 |
| Total functional expenses | $4,813,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,884,825 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $183,133 |
| Accounts receivable, net | $962 |
| 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 | $2,093 |
| Net Land, buildings, and equipment | $444,826 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $248,550 |
| Total assets | $2,764,389 |
| Accounts payable and accrued expenses | $72,490 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $118,369 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $180,272 |
| Total liabilities | $521,131 |
| Net assets without donor restrictions | $2,183,258 |
| Net assets with donor restrictions | $60,000 |
| 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 | $2,764,389 |