Colorado Springs Child Nursery Centers Inc

Organization Overview

Colorado Springs Child Nursery Centers Inc, operating under the name Early Connections Learning Center, is located in Colorado Springs, CO. The organization was established in 1934. 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 12/2021, Early Connections Learning Center employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Early Connections 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 12/2021, Early Connections Learning Center generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES A COMPREHENSIVE PROGRAM OF SOCIAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT FOR THE CHILDREN IN THE PIKES PEAK REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COLORADO SPRINGS CHILD NURSERY CENTERS WAS ESTABLISHED IN 1897 TO DELIVER HIGH QUALITY, COMPREHENSIVE EARLY CARE AND EDUCATION SERVICES TO CHILDREN FROM FAMILIES OF LIMITED MEANS AND WE REMAIN TRUE TO OUR MISSION. A SLIDING SCALE, BASED ON INCOME, IS USED TO DETERMINE PARENT FEES. OUR STUDENT POPULATION IS BOTH ETHNICALLY AND SOCIO-ECONOMICALLY DIVERSE. 59% OF OUR CHILDREN QUALIFY FOR THE COLORADO CHILD CARE ASSISTANCE PROGRAM, 78% QUALIFY FOR FREE OR REDUCED COST MEALS THROUGH THE CHILD AND ADULT CARE FOOD PROGRAM AND 98% OF FAMILIES RECEIVE TUITION ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Diane Price
CEO
$149,332
Cynthia Morgan
Employee
$111,899
Amy Thacker
Chair
$0
George Luke
Vice Chair
$0
Diane Bell
Treasurer
$0
Tammy Rahaim
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$145,804
Membership dues$0
Fundraising events$91,730
Related organizations$241,763
Government grants $2,642,817
All other contributions, gifts, grants, and similar amounts not included above$2,463,868
Noncash contributions included in lines 1a–1f $1,435
Total Revenue from Contributions, Gifts, Grants & Similar$5,585,982
Total Program Service Revenue$604,650
Investment income $665
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$17,724
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,173,573

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Colorado Springs Child Nursery Centers Inc has recieved totaling $915,118.

Awarding OrganizationAmount
El Pomar Foundation

Colorado Springs, CO

PURPOSE: NEW ANTLERS FACILITY

$500,000
Pikes Peak United Way

Colorado Springs, CO

PURPOSE: Support the Charitable Purpose of the Organization

$228,500
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$35,000
$35,000
Gates Family Foundation

Denver, CO

PURPOSE: CONSTRUCTION

$25,000
Kenneth Kendal King Foundation

Denver, CO

PURPOSE: FOR THE HOME NETWORK OF THE PIKES PEAK REGION.

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,044,383
Earnings$370,114
Net Contributions$362,036
Other Expense$241,763
Ending Balance$2,534,770

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