Mile High Montessori Early Learning Centers
- Assets
- $19.8m
- Revenue
- $16.7m
- Investments
- $0.0
- Employees
- 201
- Location
- Denver, CO
- Founding
- 09/1972
- Data as of
- 06/2023
- EIN
- 84-0617972
Organization Overview
Mile High Montessori Early Learning Centers, operating under the name Mile High Early Learning, is located in Denver, CO. The organization was established in 1972. 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 06/2023, Mile High Early Learning employed 201 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mile High Early Learning 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 06/2023, Mile High Early Learning generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $15.1m during the year ending 06/2023. While expenses have increased by 10.4% 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
PROVIDE RESOURCES AND EDUCATION TO INSPIRE A LIFETIME OF LEARNING AND SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILE HIGH MONTESSORI, DBA MILE HIGH EARLY LEARNING, PROVIDES AFFORDABLE, ACCESSIBLE, QUALITY EARLY CHILDHOOD EDUCATION FOR CHILDREN OF LOW-INCOME WORKING PARENTS. IN 2022-23, 782 INFANTS, TODDLERS, AND PRESCHOOLERS WERE ENROLLED IN FIVE CENTERS ACROSS THE CITY OF DENVER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristine Adams Board Chair | OfficerTrustee | 1 | $0 |
Andrew Woglom Vice Chair - Finance | OfficerTrustee | 1 | $0 |
Laura Giacomo Rizzo Vice Chair - Development | OfficerTrustee | 1 | $0 |
Michael Baksa Vice Chair - Nominating | OfficerTrustee | 1 | $0 |
Dennis Dahl Vice Chair - Emeritus | OfficerTrustee | 1 | $0 |
Jill Airington-Grooms Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Early Childhood By Design Project Management | 6/29/23 | $244,720 |
Denver Health And Hospital Authority Nursing Services | 6/29/23 | $155,591 |
Burkscomm Communications | 6/29/23 | $113,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $300,000 |
| Membership dues | $0 |
| Fundraising events | $107,020 |
| Related organizations | $0 |
| Government grants | $11,614,348 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,220,370 |
| Noncash contributions included in lines 1a–1f | $11,410 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,241,738 |
| Total Program Service Revenue | $2,967,298 |
| Investment income | $187,228 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,000 |
| Net Gain/Loss on Asset Sales | $181,604 |
| Net Income from Fundraising Events | -$34,612 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,663,358 |
| 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. | $374,334 |
| Compensation of current officers, directors, key employees. | $184,358 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,315,763 |
| Pension plan accruals and contributions | $180,811 |
| Other employee benefits | $591,657 |
| Payroll taxes | $581,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,253 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,300 |
| Fees for services: Other | $3,893,211 |
| Advertising and promotion | $500 |
| Office expenses | $0 |
| Information technology | $148,511 |
| Royalties | $0 |
| Occupancy | $477,802 |
| Travel | $14,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,015 |
| Insurance | $89,254 |
| All other expenses | $62,401 |
| Total functional expenses | $15,146,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,476,214 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,973,492 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $457 |
| Prepaid expenses and deferred charges | $179,667 |
| Net Land, buildings, and equipment | $4,678,774 |
| Investments—publicly traded securities | $9,511,880 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,820,484 |
| Accounts payable and accrued expenses | $705,661 |
| 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 | $705,661 |
| Net assets without donor restrictions | $18,831,833 |
| Net assets with donor restrictions | $282,990 |
| 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 | $19,820,484 |