Civic Intelligence

Columbus Early Learning Centers

990 • Fiscal year 2018 • EIN 31-4379619

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 15, 2019

240 North Champion AveColumbus, OH 43203

(614) 253-5525

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

Higher debt load relative to assets than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

48th percentile

0.08x

Higher debt load relative to revenue than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

55th percentile

4.8%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$86,549

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

20%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,290,817

Up $209,401 (+19%) from 2017

Net Assets

Up

$1,010,417

Up $160,539 (+19%) from 2017

Liabilities

Up

$280,400

Up $48,862 (+21%) from 2017

Revenue

Up

$3,312,498

Up $551,002 (+20%) from 2017

Expenses

Up

$3,151,959

Up $411,747 (+15%) from 2017

Net Income

Up

$160,539

Up $139,255 (+654%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $1,614,416Liabilities 2010: $338,723Net Assets 2010: $1,275,6932010Assets 2011: $1,537,601Liabilities 2011: $430,051Net Assets 2011: $1,107,5502011Assets 2017: $1,081,416Liabilities 2017: $231,538Net Assets 2017: $849,8782017Assets 2018: $1,290,817Liabilities 2018: $280,400Net Assets 2018: $1,010,4172018Assets 2019: $1,440,845Liabilities 2019: $317,061Net Assets 2019: $1,123,7842019Assets 2020: $2,767,981Liabilities 2020: $878,867Net Assets 2020: $1,889,1142020Assets 2021: $4,625,634Liabilities 2021: $1,196,203Net Assets 2021: $3,429,4312021Assets 2022: $6,488,784Liabilities 2022: $1,323,497Net Assets 2022: $5,165,2872022Assets 2024: $8,987,498Liabilities 2024: $1,971,320Net Assets 2024: $7,016,1782024

Highlighted filing

2018

Assets$1,290,817
Liabilities$280,400
Net Assets$1,010,417

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $2,715,0142010Expenses 2011: $2,563,7742011Revenue 2017: $2,761,496Expenses 2017: $2,740,212Net Income 2017: $21,2842017Revenue 2018: $3,312,498Expenses 2018: $3,151,959Net Income 2018: $160,5392018Revenue 2019: $3,500,124Expenses 2019: $3,386,757Net Income 2019: $113,3672019Revenue 2020: $3,970,932Expenses 2020: $3,205,602Net Income 2020: $765,3302020Revenue 2021: $4,274,000Expenses 2021: $2,814,022Net Income 2021: $1,459,9782021Revenue 2022: $4,773,623Expenses 2022: $2,948,997Net Income 2022: $1,824,6262022Revenue 2024: $7,407,292Expenses 2024: $5,994,011Net Income 2024: $1,413,2812024

Highlighted filing

2018

Revenue$3,312,498
Expenses$3,151,959
Net Income$160,539
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 15, 2019
Return Version
2018v3.1
Gross Receipts
$3,334,308
Mission and Program Overview

Mission

Doing what it takes to deliver the best early learning experiences and family support so every child succeeds in school and in life.

To help young learners develop, families succeed and neighborhoods thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$267,500$356,259▲ $88,759
Savings and Temporary Cash Investments$176,922$346,147▲ $169,225
Investments Other Securities$278,087$261,145▼ $16,942
Accounts Receivable$141,058$128,199▼ $12,859
Land, Buildings, and Equipment, Net$84,581$101,552▲ $16,971
Prepaid Expenses and Deferred Charges$107,414$71,661▼ $35,753
Cash and Non-Interest-Bearing Accounts$20,456$20,456→ $0
Total Assets$1,081,416$1,290,817▲ $209,401
Other Assets Total$5,398$5,398→ $0
Liabilities
Other Liabilities$133,371$159,553▲ $26,182
Accounts Payable and Accrued Expenses$84,417$87,097▲ $2,680
Deferred Revenue$13,750$33,750▲ $20,000
Total Liabilities$231,538$280,400▲ $48,862
Net Assets / Fund Balance
Temporarily Rstr Net Assets$267,500$682,424▲ $414,924
Unrestricted Net Assets$582,378$327,993▼ $254,385
Total Net Assets Fund Balance$849,878$1,010,417▲ $160,539
Total Liabilities and Net Assets / Fund Balance$1,081,416$1,290,817▲ $209,401

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,575$69,741-
Equipment$56,260$113,166-
Leasehold Improvements$33,717$72,177-
Other Securities$261,145--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Gina GinnCEOFT$86,549$86,549

Board Members and Trustees

NameTitle
Erika GableBoard Chair
Anagha PathakBoard Member
Brian DickBoard Member
Doug HromcoBoard Member
Eric ReischBoard Member
Fanta Powell LabitueBoard Member
Jack GravelleBoard Member
John AulettoBoard Member
Kathleen DunnBoard Member
Mallory McgillBoard Member
Michael AdamsBoard Member
Michael CeballosBoard Member
Molly EyermanBoard Member
Patrick HeinzmanBoard Member
Randy BushBoard Member
Suresh RachuriBoard Member
Tameka HairstonBoard Member
Tobi FurmanBoard Member
Paula StrangesSecretary
Greg ConantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,811,070
Program Service Revenue
$465,271
Investment Income
$36
Other Revenue
$36,121
All Other Contributions
$1,183,657
Change in Net Assets
$160,539

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,312,498
Total Revenue per Audited Statements
$3,312,498
Total Revenue per Form 990
$3,312,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,257,759
Other Expenses$845,738
Total Fundraising Expense$130,178
Professional Fundraising Fees$48,462
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,667,149$85,116$60,243$1,812,508
Occupancy$222,426$935-$223,361
Payroll Taxes$151,807$11,046$5,469$168,322
Other Employee Benefits$168,011-$92$168,103
All Other Expenses$101,070$7,008$7,526$115,604
Current Officers, Directors, Trustees, and Key Employees$38,947$43,274$4,328$86,549
Fees for Services Other$46,396$11,550$776$58,722
Fees for Services Professional Fundraising--$48,462$48,462
Other Expenses$47,373$12-$47,373
Depreciation Depletion$33,662$1,640-$35,302
Office Expenses$23,629$8,048$616$32,293
Insurance$21,384$10,400$31$31,815
Pension Plan Contributions$14,794$7,483-$22,277
Fees for Services Legal$16,540$154$313$17,007
Conferences and Meetings$12,141$1,444-$13,585
Fees for Services Accounting$6,089$389$122$6,600
Interest$3,003$146-$3,149
Advertising$125-$2,200$2,325
Total Functional Expenses$2,832,584$189,197$130,178$3,151,959

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,151,959
Total Expenses per Audited Statements$3,151,959
Total Expenses per Form 990$3,151,959
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$48,462
Fundraising Direct Expenses$21,810
Fundraising Gross Income$15,130

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$42,823$15,130$12,109$3,021
Total Events$42,823$15,130$21,810$-6,680
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liabilty$153,729
Capital Lease$5,824
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Organization's process to review form 990: presented to the audit committee for review. The audit committee chairman presents the 990 to the board to review.

Form 990, Page 6, Part VI, Line 12C

Enforcement of conflicts policy: board members and leadership complete an annual form regarding conflicts of interest. Conflicts are discussed at board meetings.

Form 990, Page 6, Part VI, Line 15A

Compensation process for top offical: board members gather and review studies relating to comparable size organizations in the industry. Salary ranges from these studies are reviewed and evaluated as the board establishes the salary and/or raises for its executive director.

Form 990, Page 6, Part VI, Line 15B

Compensation process for officers: hiring, firing, and setting compensation for employees is charged to the executive director. The executive director uses compensation assessments from the state of ohio and the ohio resource and referral association. Internal surveys are also conducted from time to time.

Form 990, Page 6, Part VI, Line 19

Governing documents disclosure: governing documents (including form , policies and procedures, tax returns, and financial statements) are available upon request during normal business hours at the organization's office. Tax returns are also avaiable for public inspection at www.guidestar.com

Filing and Contact Details

Filer

Filer Name
Columbus Early Learning Centers
EIN
31-4379619
Phone
6142535525
Address
240 NORTH CHAMPION AVE, COLUMBUS, OH 43203

Signing Officer

Name
Gina Ginn
Title
CEO
Phone
6142535525
Signed
2019-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Ginn
Formed
1934
Legal Domicile
Oh
Voting Board Members
20
Independent Board Members
20
Employees
110
Volunteers
720

Preparer

Firm
Winkel Green & Company Llp
Address
3752 NORTH HIGH STREET, COLUMBUS, OH 43214
Preparer
Stephen a Green
Phone
6142611494
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Columbus early learning centers (celc) has nearly 130 years of history providing high quality, affordable early learning and childcare in central ohio. This rich history places celc amongst the oldest early childcare programs in the country. On january 23,1887, celc began providing services at 65 s. Fourth street with the goal of advancing the lives of working women. During the first year of operation, families with one child paid 5 cents per day and those with three children paid 12 cents per day. Through the years, celc's mission of "doing what it takes to deliver the best early learning experiences and family support so every child succeeds in school and in life" remains the same. To fulfill it's mission, celc currently operates four locations in columbus;(continued on schedule o) on broad street, main street, myrtle avenue, and champion avenue in the pointdexter village community. Of the over 200 children that are served at the four centers each year, nearly 75% live below 150% of the federal poverty level. In addition, 85% come from a single parent headed household and 95% receive public assistance or a celc scholarship to help make early childhood education and childcare accessible and affordable. Approximately 77% of the students served are african american, 20% are white, and 3% are hispanic. Celc prides itself on serving as many children from the community as we can, ensuring children graduate on to kindergarten prepared both academically and socially.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and application state law, except on net income derived from unrelated business activities. Taxes assessed on these activities are recognized in the financial statements in the fiscal year that payments are made. For the years ending december 31, 2018 and 2017 there was no income derived from unrelated business activities and, accordingly, no required payments for these types of transactions or income tax expense recorded in the financial statements for the fiscal years then ended.the accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of celc and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended december 31, 2018 and 2017. The organization files its 990 form in the u.s. Federal jurisdiction and the office of the state's attorney general for the state of ohio. The organization is generally no longer subject to examination by the internal revenue service for years before december 31, 2014.

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IRS990/Desc0COLUMBUS EARLY LEARNING CENTERS (CELC) HAS NEARLY 130 YEARS OF HISTORY PROVIDING HIGH QUALITY, AFFORDABLE EARLY LEARNING AND CHILDCARE IN CENTRAL OHIO. THIS RICH HISTORY PLACES CELC AMONGST THE OLDEST EARLY CHILDCARE PROGRAMS IN THE COUNTRY. ON JANUARY 23,1887, CELC BEGAN PROVIDING SERVICES AT 65 S. FOURTH STREET WITH THE GOAL OF ADVANCING THE LIVES OF WORKING WOMEN. DURING THE FIRST YEAR OF OPERATION, FAMILIES WITH ONE CHILD PAID 5 CENTS PER DAY AND THOSE WITH THREE CHILDREN PAID 12 CENTS PER DAY. THROUGH THE YEARS, CELC'S MISSION OF "DOING WHAT IT TAKES TO DELIVER THE BEST EARLY LEARNING EXPERIENCES AND FAMILY SUPPORT SO EVERY CHILD SUCCEEDS IN SCHOOL AND IN LIFE" REMAINS THE SAME. TO FULFILL IT'S MISSION, CELC CURRENTLY OPERATES FOUR LOCATIONS IN COLUMBUS;(CONTINUED ON SCHEDULE O) ON BROAD STREET, MAIN STREET, MYRTLE AVENUE, AND CHAMPION AVENUE IN THE POINTDEXTER VILLAGE COMMUNITY. OF THE OVER 200 CHILDREN THAT ARE SERVED AT THE FOUR CENTERS EACH YEAR, NEARLY 75% LIVE BELOW 150% OF THE FEDERAL POVERTY LEVEL. IN ADDITION, 85% COME FROM A SINGLE PARENT HEADED HOUSEHOLD AND 95% RECEIVE PUBLIC ASSISTANCE OR A CELC SCHOLARSHIP TO HELP MAKE EARLY CHILDHOOD EDUCATION AND CHILDCARE ACCESSIBLE AND AFFORDABLE. APPROXIMATELY 77% OF THE STUDENTS SERVED ARE AFRICAN AMERICAN, 20% ARE WHITE, AND 3% ARE HISPANIC. CELC PRIDES ITSELF ON SERVING AS MANY CHILDREN FROM THE COMMUNITY AS WE CAN, ENSURING CHILDREN GRADUATE ON TO KINDERGARTEN PREPARED BOTH ACADEMICALLY AND SOCIALLY.
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Peer Organizations

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