Durango Early Learning Center Inc
- Assets
- $956.3k
- Revenue
- $537.4k
- Investments
- $0.0
- Employees
- 15
- Location
- Durango, CO
- Founding
- 09/1982
- Data as of
- 08/2022
- EIN
- 84-0852955
Organization Overview
Durango Early Learning Center Inc is located in Durango, CO. The organization was established in 1982. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 08/2022, Durango Early Learning Center Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durango Early Learning Center 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 08/2022, Durango Early Learning Center Inc generated $537.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $554.4k during the year ending 08/2022. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NURTURING CHILD DEVELOPMENT IN PARTNERSHIP WITH FAMILIES OF DIVERSE BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2021.2022 SCHOOL YEAR, DURANGO EARLY LEARNING CENTER PROVIDED $39,147 IN TUITION ASSISTANCE WITH 54% OF FAMILIES RECEIVING A 10-20% MONTHLY SCHOLARSHIP. TO SUPPORT TEACHER RETENTION, DURANGO EARLY LEARNING CENTER OFFERED HEALTH INSURANCE FOR THE FIRST TIME AS WELL AS ISSUED 15% RAISES TO RETURNING STAFF MEMBER. 1/3 OF DURANGO EARLY LEARNING CENTER'S STAFF HAS BEEN AT THE SCHOOL FOR 10 OR MORE YEARS. DURANGO EARLY LEARNING CENTER ALSO PIOLOTED AN EARLY CHILDHOOD PAID INTERNSHIP, WHICH PROVIDES NEW TEACHERS TO THE FIELD WITH DIRECT CLASSROOM EXPERIENCE SUPERVISED BY A MENTOR TEACHER WHILE TAKING EARLY CHILDHOOD COURSES TO BECOME EARLY CHILDHOOD TEACHER QUALIFIED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Christiansen Treasurer | Officer | 1 | $0 |
Trevor Ehlers Secretary | Officer | 1 | $0 |
Malia Bowkett President | Officer | 1 | $0 |
Chris Hughes Director | Trustee | 1 | $0 |
Chelsea Lindsey Director | Trustee | 1 | $0 |
Sara Tippie Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,204 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,204 |
| Total Program Service Revenue | $418,302 |
| Investment income | $2,773 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,073 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $537,352 |
| 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 | $0 |
| Other salaries and wages | $412,656 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,165 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $572 |
| Office expenses | $6,391 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,284 |
| Travel | $0 |
| 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 | $22,331 |
| Insurance | $20,264 |
| All other expenses | $3,746 |
| Total functional expenses | $554,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,511 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $648,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,004 |
| Total assets | $956,310 |
| Accounts payable and accrued expenses | $0 |
| 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 | $20,084 |
| Total liabilities | $20,084 |
| Net assets without donor restrictions | $936,226 |
| Net assets with donor restrictions | $0 |
| 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 | $956,310 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Durango Early Learning Center Inc has recieved totaling $40,649.
| Awarding Organization | Amount |
|---|---|
Temple Hoyne Buell Foundation Denver, CO PURPOSE: TUITION ASSISTANCE SUPPORTING TIERS 1 AND 2 AND SCHOLARSHIPS, CAPPED AT 300% OF FEDERAL POVERTY LEVEL | $20,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $15,042 |
Thomas A And Mary E Dugan Foundation Farmington, NM PURPOSE: TO ACCOMPLISH THE ORGANIZATION'S PURPOSE OF NUTURING CHILD DEVELOPMENT IN PARTNERSHIP WITH FAMILIES OF DIVERSE BACKGROUNDS. | $5,000 |
Peter M & Barbara A Macdonald Charitable Trust Kansas City, MO PURPOSE: UNRESTRICTED | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $107 |
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Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |