Civic Intelligence

Early Learning Ventures

990PF • Fiscal year 2014 • EIN 26-4053609

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 14, 2015

18 Inverness Place EastEnglewood, CO 80112

(303) 789-2664

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.24x

Higher debt load relative to assets than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.11x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

94th percentile

72%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$518,436

Up $217,378 (+72%) from 2013

Net Assets

Up

$392,834

Up $173,021 (+79%) from 2013

Liabilities

Up

$125,602

Up $44,357 (+55%) from 2013

Revenue

Up

$1,160,353

Up $134,844 (+13%) from 2013

Expenses

Up

$987,332

Up $94,438 (+11%) from 2013

Net Income

Up

$173,021

Up $40,406 (+30%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $664,366Liabilities 2010: $20,696Net Assets 2010: $643,6702010Assets 2011: $433,029Liabilities 2011: $40,936Net Assets 2011: $392,0932011Assets 2012: $126,358Liabilities 2012: $39,160Net Assets 2012: $87,1982012Assets 2013: $301,058Liabilities 2013: $81,245Net Assets 2013: $219,8132013Assets 2014: $518,436Liabilities 2014: $125,602Net Assets 2014: $392,8342014Assets 2015: $1,369,308Liabilities 2015: $655,551Net Assets 2015: $713,7572015Assets 2016: $1,631,945Liabilities 2016: $355,499Net Assets 2016: $1,276,4462016Assets 2017: $885,707Liabilities 2017: $382,941Net Assets 2017: $502,7662017Assets 2020: $2,414,242Liabilities 2020: $899,441Net Assets 2020: $1,514,8012020Assets 2021: $2,919,748Liabilities 2021: $649,497Net Assets 2021: $2,270,2512021Assets 2022: $3,058,194Liabilities 2022: $690,529Net Assets 2022: $2,367,6652022Assets 2023: $5,792,285Liabilities 2023: $745,916Net Assets 2023: $5,046,3692023Assets 2024: $5,900,486Liabilities 2024: $800,881Net Assets 2024: $5,099,6052024

Highlighted filing

2014

Assets$518,436
Liabilities$125,602
Net Assets$392,834

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $730,4532010Expenses 2011: $861,7302011Expenses 2012: $1,008,5222012Revenue 2013: $1,025,509Expenses 2013: $892,894Net Income 2013: $132,6152013Revenue 2014: $1,160,353Expenses 2014: $987,332Net Income 2014: $173,0212014Revenue 2015: $3,175,663Expenses 2015: $2,836,017Net Income 2015: $339,6462015Revenue 2016: $5,917,342Expenses 2016: $5,354,653Net Income 2016: $562,6892016Revenue 2017: $4,222,520Expenses 2017: $4,996,200Net Income 2017: -$773,6802017Revenue 2020: $6,436,656Expenses 2020: $6,468,673Net Income 2020: -$32,0172020Revenue 2021: $7,396,606Expenses 2021: $6,641,156Net Income 2021: $755,4502021Revenue 2022: $6,934,516Expenses 2022: $6,837,102Net Income 2022: $97,4142022Revenue 2023: $10,165,249Expenses 2023: $7,486,545Net Income 2023: $2,678,7042023Revenue 2024: $9,598,029Expenses 2024: $9,544,793Net Income 2024: $53,2362024

Highlighted filing

2014

Revenue$1,160,353
Expenses$987,332
Net Income$173,021
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 14, 2015
Return Version
2014v5.0
Mission and Program Overview

Mission

Elv supports and enhances early learning programs to provide comprehensive and continuous services. Elv aims to increase access to high-quality, full-day, full year child care for low income working families.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID MERAGEPres/Secr/Treas-$0--
LAURA MERAGEV.Pres-$0--
Filing and Contact Details

Filer

Filer Name
Early Learning Ventures
EIN
26-4053609
Phone
3037892664
Address
18 INVERNESS PLACE EAST, ENGLEWOOD, CO 80112

Signing Officer

Name
David Merage
Title
Director
Phone
3037892664
Signed
2015-09-14
Discuss with paid preparer
Yes

Preparer

Firm
Dunn Henritze Maline Llp
Address
215 W OAK ST STE 1100, FORT COLLINS, CO 80521
Preparer
Dean Dunn
Phone
9703724160
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/USAddress/ZIPCd280112
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/USAddress/ZIPCd380112
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0ACELO SOLUTIONS INC
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/CompensationAmt0120135
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt0SOFTWARE SUPPORT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/USAddress/AddressLine1Txt022375 BRODERICK DRIVE STE 125
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0DAVID MERAGE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1ENGLEWOOD
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IRS990PF/PrivateOperatingFoundationsGrp/PrivateOperatingFndtnRulingDt02009-01-14
IRS990PF/PrivateOperatingFoundationsGrp/PublicSupportType/TotalAmt00
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/CurrentYearAmt0953025
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/TotalAmt03504384
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year1Amt0830018
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year2Amt0977411
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
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IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.EARLYLEARNINGVENTURES.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0EARLY LEARNING VENTURE FUND: THIS IS A SHARED SERVICES INFRASTRUCTURE FOR THE EARLY CHILDHOOD EDUCATION SECTOR TO PROMOTE EFFECTIVE GOVERNANCE, HIGH STANDARDS OF PROGRAM QUALITY, PROFESSIONAL COMPETENCE, OPERATIONAL EFFICIENCY, AS WELL AS FINANCIAL SUSTAINABILITY. THE OBJECTIVE IS TO STRENGTHEN OVERALL BUSINESS OPERATIONS, AND ALLOW THE CHILD CARE PROVIDERS TO SPEND MORE TIME IN THE CLASSROOM. ELV PROVIDES SUPPORT AND OVERSIGHT TO ITS PARTNERS WHILE CONTINUING TO RESEARCH AND DEVELOP THE MODEL AND POLICIES. THIS EFFORT INVOLVES ELV STAFF PROVIDING TECHNICAL ASSISTANCE, BUSINESS PLANNING, AND RESOURCE DEVELOPMENT. ELV IS CURRENTLY SERVING THE DENVER METRO AREA, SUMMIT COUNTY, GARFIELD COUNTY, EAGLE COUNTY, PITKIN COUNTY, MESA COUNTY, TELLURIDE AND SURROUNDING COUNTIES, AND THE SAN LUIS VALLEY.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0HEALTHY OPTIONS FOR PRESCHOOLERS: ELV IS PROMOTING AND EXPANDING ACCESS TO HEALTHY MEALS AND SNACKS FOR PRESCHOOL AGED CHILDREN WHO ARE ENROLLED IN A CHILD CARE PROGRAM THAT IS PART OF THE ELV ALLIANCE. THROUGH ITS PARTNERSHIP WITH THE COLORADO HEALTH FOUNDATION, ELV PLANS TO INCREASE THE NUMBER OF CHILDREN WHO EAT ADEQUATE AMOUNTS OF FRUITS AND VEGETABLES DAILY AND INCREASE THE NUMBER OF CHILDREN WHO RECEIVE HEALTHY MEALS IN THE CENTER AND HOME-BASE CHILD CARE SETTINGS. DURING THE THREE-YEAR PILOT PHASE, HEALTHY MEALS AND SNACKS WILL BE PROVIDED TO MORE THAN 3,500 CHILDREN.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0ELV CREATED A CUSTOMIZED WEB-BASED INFORMATION MANAGEMENT SYSTEM FOR THE EARLY LEARNING VENTURES ALLIANCE MODEL. THE CHILD MANAGEMENT SYSTEM INCLUDES EDUCATIONAL PERFORMANCE AND ACCOUNTABILITY DATA MANAGEMENT SOFTWARE, PROFESSIONAL DEVELOPMENT SUPPORTS, AND FINANCIAL MANAGEMENT FUNCTIONALITY.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0610116
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt0318261
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00

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