Educational First Steps
- Assets
- $10.2m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Dallas, TX
- Founding
- 09/1990
- Data as of
- 05/2023
- EIN
- 75-2334053
Organization Overview
Educational First Steps is located in Dallas, TX. The organization was established in 1990. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 05/2023, Educational First Steps employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational First Steps 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 05/2023, Educational First Steps generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $3.5m during the year ending 05/2023. 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
EDUCATIONAL FIRST STEPS (EFS) CREATES AND SUPPORTS HIGH-QUALITY EARLY LEARNING ENVIRONMENTS THAT IGNITE THE MINDS OF CHILDREN FROM BIRTH TO AGE FIVE IN LOW INCOME AND HISTORICALLY OPPRESSED COMMUNITIES. FOR OVER 30 YEARS, EFS HAS TRANSFORMED EXISTING CHILDCARE CENTERS INTO NATIONALLY ACCREDITED PRESCHOOLS IN A PERIOD OF 36-48 MONTHS AT NO COST TO THE CENTERS OR PARENTS. BY SECURING NATIONAL ACCREDITATION, CENTERS BECOME HIGHLY RESPECTED PRESCHOOLS THAT ARE ROOTED FUNDAMENTALLY STRONG TEACHING PEDAGOGY THAT PREPARES CHILDREN FOR KINDERGARTEN AND BEYOND; POSITIONING THEM FOR LONG-TERM SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EFS PROVIDED: WEEKLY VIRTUAL OR ON-SITE MENTORING AND CONSULTING, SCHOLARSHIPS TOWARD COURSES IN CHILD DEVELOPMENT AND EDUCATION, BOOKS, SUPPLIES, FIELD TRIPS, PLAYGROUND EQUIPMENT, ENRICHMENT PROGRAMS IN ART, MUSIC, MATH AND SCIENCE, AND TARGETED FINANCIAL ASSISTANCE TO IMPROVE PROGRAMS AND FACILITIES.EDUCATIONAL FIRST STEPS PRESENTLY SERVES 4,866 CHILDREN FROM BIRTH TO AGE FIVE OF WHICH 2,989 ARE IN QUALITY AND/OR ACCREDITED LEARNING ENVIRONMENTS, 763 TEACHERS AND EDUCATORS, 93 INDEPENDENTLY OWNED-OPERATED PARTNER CENTERS, AND 43 LICENSED AND/OR REGISTERED HOME BASED PROVIDERS ACROSS 6 COUNTIES IN NORTH TEXAS. THE CHILDREN WE IMPACT ARE 49% AFRICAN AMERICAN, 30% LATINO, 12% CAUCASIAN, 3% ASIAN, AND 6% IDENTIFYING AS OTHER. EFS ALSO PROVIDES PROFESSIONAL DEVELOPMENT, ONSITE MENTORING, AND CLASSROOM INSTRUCTION TO TEACHERS AND EDUCATORS 14 SCHOOL DISTRICTS IN DALLAS, TARRANT, COLLIN, JOHNSON, DENTON, AND GRAYSON COUNTIES. THESE CAREGIVERS, ALMOST EXCLUSIVELY WOMEN OF COLOR, LIVE IN THE SAME NEIGHBORHOODS AS THE CHILDREN THEY TEACH, TYPICALLY HAVE A GED OR HIGH SCHOOL DIPLOMA, AND ARE PAID MINIMUM WAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Allen President & CEO | Officer | 40 | $215,677 |
Ken Gilliam CFO | Officer | 40 | $118,295 |
David Smith Cao | Officer | 40 | $112,295 |
Teel Wilkinson Vice President | Officer | 40 | $70,825 |
Alice Barnett Director | Trustee | 1 | $0 |
Wasan Alfalahi Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Green Space Cda Trainer | 5/30/17 | $104,232 |
Discount School Supply School Supplies | 5/30/17 | $105,211 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,150,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,573,988 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,724,738 |
| Total Program Service Revenue | $26,500 |
| Investment income | $183,776 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$92,398 |
| Net Income from Fundraising Events | -$144,362 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,698,254 |
| 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. | $666,139 |
| Compensation of current officers, directors, key employees. | $285,630 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,220,239 |
| Pension plan accruals and contributions | $9,791 |
| Other employee benefits | $142,992 |
| Payroll taxes | $152,801 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,448 |
| Fees for services: Accounting | $16,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,166 |
| Fees for services: Other | $203,902 |
| Advertising and promotion | $16,354 |
| Office expenses | $70,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,595 |
| Travel | $35,889 |
| 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 | $56,403 |
| Insurance | $34,991 |
| All other expenses | $114,719 |
| Total functional expenses | $3,545,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,444 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $985,025 |
| 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 | $8,250 |
| Prepaid expenses and deferred charges | $106,949 |
| Net Land, buildings, and equipment | $1,291,305 |
| Investments—publicly traded securities | $7,364,308 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $58,502 |
| Other assets | $0 |
| Total assets | $10,162,783 |
| Accounts payable and accrued expenses | $196,690 |
| 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 | $0 |
| Total liabilities | $196,690 |
| Net assets without donor restrictions | $9,216,093 |
| Net assets with donor restrictions | $750,000 |
| 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 | $10,162,783 |