Teaching Tree Early Childhood Learning Center, operating under the name Learning Center, is located in Fort Collins, CO. The organization was established in 1971. 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 12/2023, Learning Center employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Center 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 12/2023, Learning Center generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $4.0m during the year ending 12/2023. While expenses have increased by 14.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING QUALITY, AFFORDABLE, EARLY CHILDHOOD CARE FOR FAMILIES OF ALL SOCIO-ECONOMIC AND CULTURAL BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 WAS A YEAR OF PROGRESSION AT TEACHING TREE. AS THE EFFECTS OF COVID CONTINUED TO DECREASE, WE WERE ABLE TO FOCUS OUR ATTENTION ON BUILDING NEW PARTNERSHIPS AND PROGRAMS TO BETTER SERVE OUR STUDENTS, FAMILIES, AND STAFF. WE SERVED 415 CHILDREN LIVING IN LOW- AND MIDDLE-INCOME FAMILIES. OF THIS TOTAL, 36% LIVED IN LOW-INCOME FAMILIES, 24% WERE OF DIVERSE BACKGROUNDS, AND 20% LIVED IN SINGLE PARENT FAMILIES. WE SUPPORTED LOW-INCOME FAMILIES' EFFORTS TOWARD SELF-SUFFICIENCY BY PROVIDING THEM WITH 252,735 IN CHILDCARE SCHOLARSHIPS AND DISCOUNTS. IN ADDITION TO ENABLING PARENTS TO WORK, THIS ASSISTANCE ENSURED THAT THEIR DISADVANTAGED YOUNG CHILDREN WERE RECEIVING QUALITY CARE AND PARTICIPATING IN AN EVIDENCE-BASED EARLY LEARNING PROGRAM THAT BUILT UPON THEIR STRENGTHS, HELPED THEM OVERCOME ADVERSITY, AND PREPARED THEM TO SUCCEED IN SCHOOL. IN 2023, TEACHING TREE ALSO: O HELPED CLOSE THE ACHIEVEMENT GAP BY (1) PROVIDING FULL-DAY CARE AND EDUCATION FOR 24 CHILDREN IN THE COLORADO PRESCHOOL PROGRAM, (2) PROVIDING 41 WEEKS OF FULL-DAY AND EDUCATION FOR 72 CHIDLREN IN THE UNIVERSAL PRESCHOOL PROGRAM, AND (3) GRADUATING 81 STUDENTS READY TO ENTER KINDERGARTEN WITH THE SKILLS TO SUCCEED. O INCREASED CHILDREN'S SKILLS IN ALL 6 DEVELOPMENTAL DOMAINS ESSENTIAL TO SCHOOL SUCCESS. O ADDRESSED CHILDREN'S MENTAL HEALTH/BEHAVIORAL ISSUES BY RECEIVING CLASSROOM SUPPORT AND GUIDANCE FROM EARLY CHILDHOOD COUNCIL OF LARIMER COUNTY MENTAL HEALTH CONSULTANTS. PARTNERED WITH THE EARLY CHILDHOOD COUNCIL'S MENTAL HEALTH CONSULTANTS TO PROVIDE TRAINING FOR 31 TEACHING TREE FAMILIES FREE OF CHARGE AND LOCATED ON SITE AT TEACHING TREE IN FORT COLLINS. O SERVED FREE AND REDUCED LUNCH TO 113 STUDENTS. O PROVIDED CHILDREN WITH 121,043 NUTRITIOUS MEALS AND SNACKS. TO ADDRESS THE CHILDCARE WORKER CRISIS, WE DEVELOPED AND RECEIVED FUNDING TO IMPLEMENT A MONTHLY INCENTIVE BONUS PROGRAM, PROVIDED ADDITIONAL PAID DAYS OFF EACH MONTH FOR STAFF, AND PROVIDED WELLNESS STIPENDS TO STAFF IN ORDER FOR THEM TO TAKE CARE OF THEIR MENTAL HEALTH NEEDS. ADDITIONALLY, OUR BOARD APPROVED RAISING STARTING PAY FOR TEACHERS AND AIDES AND GIVING ANNUAL RAISES TO EXISTING STAFF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne Lance Executive Di | Officer | 40 | $121,017 |
Jodie Riesenberger President | OfficerTrustee | 2 | $0 |
Adam Hertzler Vice Preside | OfficerTrustee | 2 | $0 |
Jim Sampson Treasurer | OfficerTrustee | 2 | $0 |
Andrea Coy Secretary | OfficerTrustee | 2 | $0 |
Fred Abramowitz Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $289,236 |
All other contributions, gifts, grants, and similar amounts not included above | $303,902 |
Noncash contributions included in lines 1a–1f | $3,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $593,138 |
Total Program Service Revenue | $3,515,700 |
Investment income | $27,563 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$9,383 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,127,018 |
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. | $121,017 |
Compensation of current officers, directors, key employees. | $40,335 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,587,131 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $140,008 |
Payroll taxes | $205,561 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,952 |
Fees for services: Other | $31,874 |
Advertising and promotion | $9,410 |
Office expenses | $20,070 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $76,933 |
Travel | $1,865 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,687 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $153,474 |
Insurance | $31,576 |
All other expenses | $104,134 |
Total functional expenses | $3,964,686 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $748,332 |
Pledges and grants receivable | $87,913 |
Accounts receivable, net | $11,107 |
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 | $17,178 |
Net Land, buildings, and equipment | $1,828,911 |
Investments—publicly traded securities | $1,725,451 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,747 |
Total assets | $4,435,839 |
Accounts payable and accrued expenses | $111,186 |
Grants payable | $0 |
Deferred revenue | $13,498 |
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 | $93,197 |
Total liabilities | $217,881 |
Net assets without donor restrictions | $4,196,958 |
Net assets with donor restrictions | $21,000 |
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 | $4,435,839 |