Denise Louie Education Center
- Assets
- $13.4m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 142
- Location
- Seattle, WA
- Founding
- 02/1978
- Data as of
- 10/2020
- EIN
- 91-1016974
Organization Overview
Denise Louie Education Center is located in Seattle, WA. The organization was established in 1978. As of 10/2020, Denise Louie Education Center employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denise Louie Education 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 10/2020, Denise Louie Education Center generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $6.9m during the year ending 10/2020. While expenses have increased by 7.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
DENISE LOUIE EDUCATION CENTER PROMOTES SCHOOL AND LIFE READINESS BY PROVIDING MULTI-CULTURAL EARLY LEARNING SERVICES TO CHILDREN AND FAMILIES, ESPECIALLY THOSE WHO NEED OUR SERVICES THE MOST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DLEC PROVIDES FREE HOME VISITING, PART DAY PRE-SCHOOL, AND SUBSIDIZED FULL DAY PRE-SCHOOL PROGRAMS FOR OVER 404 LOW-INCOME, IMMIGRANT/REFUGEE, HOMELESS, FOSTER AND TEEN PARENT FAMILIES. SERVICES INCLUDE COMPREHENSIVE EARLY EDUCATION, HEALTH, DISABILITIES, MENTAL HEALTH, AND FAMILY SUPPORT. SERVICES ARE OFFERED TO THE CHILD AND FAMILY DIRECTLY AND THROUGH COMMUNITY PARTNERSHIPS. DLEC ALSO PROVIDES FREE DROP-IN PLAY & LEARN PROGRAM CONDUCTED IN ENGLISH, SPANISH, AND CHINESE TO OVER 313 CHILDREN AND THEIR CAREGIVERS AT FOUR LOCATIONS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Yang Executive Director | Officer | 40 | $103,004 |
Kherlen Cox Finance Director | Officer | 40 | $81,039 |
Kai Shih Board President | OfficerTrustee | 4 | $0 |
Ruby Asiodche Board Secretary | OfficerTrustee | 2 | $0 |
Mitzi Moore Board Treasurer | OfficerTrustee | 2 | $0 |
Amanda Chen Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,028,293 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$413 |
| Net Income from Fundraising Events | -$11,879 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,278,360 |
| Statement of Expenses | |
|---|---|
| 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. | $195,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,770,334 |
| Pension plan accruals and contributions | $59,669 |
| Other employee benefits | $612,635 |
| Payroll taxes | $395,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,216 |
| Fees for services: Accounting | $20,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,121 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $219,294 |
| Advertising and promotion | $0 |
| Office expenses | $280,048 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $619,178 |
| Travel | $25,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $157,825 |
| Insurance | $34,665 |
| All other expenses | $0 |
| Total functional expenses | $6,933,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,898 |
| Savings and temporary cash investments | $1,471,750 |
| Pledges and grants receivable | $8,604,238 |
| 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 | $1,988,592 |
| Investments—publicly traded securities | $481,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,413,160 |
| Accounts payable and accrued expenses | $709,587 |
| Grants payable | $0 |
| Deferred revenue | $80 |
| 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 | $724,700 |
| Other liabilities | $6,164 |
| Total liabilities | $1,440,531 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $11,972,629 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Denise Louie Education Center has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Jackson S And March F Chao Foundation Seattle, WA PURPOSE: LEARNING ENVIRONMENT SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educational Opportunities For Children And Families Vancouver, WA | $4,953,910 | $17,174,684 |
Umatilla-Morrow County Head Start Inc Hermiston, OR | $6,702,618 | $13,814,812 |
Mid-Columbia Childrens Council Inc Hood River, OR | $2,453,338 | $8,220,992 |
Kids & Company Of Linn County Lebanon, OR | $4,383,179 | $7,912,691 |
Klamath Family Head Start Klamath Falls, OR | $4,465,155 | $7,721,846 |
Lewis Clark Early Childhood Program Inc Lewiston, ID | $3,718,520 | $6,861,737 |
Denise Louie Education Center Seattle, WA | $13,413,160 | $8,278,360 |
Chelan-Douglas Child Services Association Wenatchee, WA | $3,788,577 | $6,434,917 |
Programs For Infants And Children Inc-Pic Inc Anchorage, AK | $2,312,992 | $3,908,435 |
Skagit Pre-School Association And Resource Center Mount Vernon, WA | $1,921,768 | $2,007,715 |
Tanaina Child Development Center Inc Anchorage, AK | $1,541,564 | $1,300,026 |
Hewitt Research Foundation Spokane, WA | $304,826 | $287,413 |