Civic Intelligence

Charlotte Bilingual Preschool

EIN 36-4522499 • 501(c)3 • Charlotte, NC

Profile

Charlotte Bilingual Preschool (CltBP) prepares Spanish-speaking children for success in school and life by providing superior dual language, multi-cultural early childhood education.

6300 Highland AvenueCharlotte, NC 28215

www.bilingualpreschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.03x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

23%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

79th percentile

32%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$3,185,672

Up $1,687,182 (+113%) from 2023

Liabilities

Down

$95,765

Down $2,626 (-2.7%) from 2023

Net Assets

Up

$3,089,907

Up $1,689,808 (+121%) from 2023

Revenue

Up

$5,329,235

Up $1,909,977 (+56%) from 2023

Expenses

Up

$4,215,903

Up $172,189 (+4.3%) from 2023

Net Income

Up

$1,113,332

Up $1,737,788 (+278%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $158,899Net Assets 2010: $158,8992010Assets 2011: $146,107Liabilities 2011: $0Net Assets 2011: $146,1072011Assets 2013: $84,231Liabilities 2013: $0Net Assets 2013: $84,2312013Assets 2014: $116,565Liabilities 2014: $0Net Assets 2014: $116,5652014Assets 2015: $224,688Liabilities 2015: $0Net Assets 2015: $224,6882015Assets 2016: $266,128Liabilities 2016: $0Net Assets 2016: $266,1282016Assets 2017: $399,270Liabilities 2017: $0Net Assets 2017: $399,2702017Assets 2018: $504,509Liabilities 2018: $3,416Net Assets 2018: $501,0932018Assets 2019: $405,571Liabilities 2019: $265Net Assets 2019: $405,3062019Assets 2020: $1,269,347Liabilities 2020: $56,602Net Assets 2020: $1,212,7452020Assets 2021: $1,870,044Liabilities 2021: $13,076Net Assets 2021: $1,856,9682021Assets 2022: $2,092,499Liabilities 2022: $67,944Net Assets 2022: $2,024,5552022Assets 2023: $1,498,490Liabilities 2023: $98,391Net Assets 2023: $1,400,0992023Assets 2024: $3,185,672Liabilities 2024: $95,765Net Assets 2024: $3,089,9072024

Highlighted filing

2024

Assets$3,185,672
Liabilities$95,765
Net Assets$3,089,907

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $473,332Expenses 2010: $417,590Net Income 2010: $55,7422010Expenses 2011: $488,7042011Expenses 2013: $357,5322013Revenue 2014: $439,580Expenses 2014: $407,246Net Income 2014: $32,3342014Revenue 2015: $588,877Expenses 2015: $480,754Net Income 2015: $108,1232015Revenue 2016: $732,691Expenses 2016: $691,251Net Income 2016: $41,4402016Revenue 2017: $890,307Expenses 2017: $757,165Net Income 2017: $133,1422017Revenue 2018: $963,345Expenses 2018: $861,522Net Income 2018: $101,8232018Revenue 2019: $969,780Expenses 2019: $1,065,567Net Income 2019: -$95,7872019Revenue 2020: $2,407,769Expenses 2020: $1,660,677Net Income 2020: $747,0922020Revenue 2021: $2,891,644Expenses 2021: $2,247,562Net Income 2021: $644,0822021Revenue 2022: $3,041,898Expenses 2022: $2,874,311Net Income 2022: $167,5872022Revenue 2023: $3,419,258Expenses 2023: $4,043,714Net Income 2023: -$624,4562023Revenue 2024: $5,329,235Expenses 2024: $4,215,903Net Income 2024: $1,113,3322024

Highlighted filing

2024

Revenue$5,329,235
Expenses$4,215,903
Net Income$1,113,332

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.19$0.10$3.09$5.33$4.22$1.11
2023Detailed filing. Detailed filing data is available for this year.$1.50$0.10$1.40$3.42$4.04$0.62
2022Detailed filing. Detailed filing data is available for this year.$2.09$0.07$2.02$3.04$2.87$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.87$0.01$1.86$2.89$2.25$0.64
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.06$1.21$2.41$1.66$0.75
2019Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.97$1.07$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.96$0.86$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.89$0.76$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.73$0.69$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.59$0.48$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.44$0.41$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.47$0.42$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jul 22, 2025
Return Version
2023v6.0
Gross Receipts
$5,354,842
Mission and Program Overview

Mission

To prepare Spanish-Speaking children for success in school and life by providing English-based early childhood education, and by connecting their families with the community and its resources.

I. Preschool Program: Provides 3- and 4-year-old Spanish-speaking children age 3-5with superior dual-language, multi-cultural preschool education in the only 5-starlicensed dual-language preschool program in North Carolina.II. Family Programs: Our Early Childhood model recognizes the foundational rolefamily members play in preparing children for success in Kindergarten. CltBP workscollaboratively with families to develop programs aligned with their values,priorities, interests, strengths, and challenges. These culturally relevant programshelp families build literacy and Kindergarten-readiness skills for their childrenfrom infancy to 5-year-olds and offers families the resources they want to becomeactive participants in their childrens early childhood development.IIa. Creciendo Juntos (Growing Together): Conducted in Spanish, families alongsidetheir infant/toddler attend weekly workshops on supporting early development at home.III. Workforce Development: The CltBP Workforce Development

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$778,850$1,142,289▲ $363,439
Accounts Receivable$608,228$797,419▲ $189,191
Land, Buildings, and Equipment, Net$205,888$636,563▲ $430,675
Pledges and Grants Receivable$407,577$532,984▲ $125,407
Prepaid Expenses and Deferred Charges$9,127$4,738▼ $4,389
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,074,966$3,185,672▲ $1,110,706
Other Assets Total$65,296$71,679▲ $6,383
Liabilities
Accounts Payable and Accrued Expenses$98,391$95,765▼ $2,626
Total Liabilities$98,391$95,765▼ $2,626
Net Assets / Fund Balance
Net Assets With Donor Restrictions$969,954$1,577,914▲ $607,960
Net Assets Without Donor Restrictions$1,006,621$1,511,993▲ $505,372
Total Net Assets Fund Balance$1,976,575$3,089,907▲ $1,113,332
Total Liabilities and Net Assets / Fund Balance$2,074,966$3,185,672▲ $1,110,706

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$609,005-$609,005
Equipment$27,558$86,265$113,823
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessa ShelorChief Adv. OfficerFT$120,860$6,626$127,486
Ana Silva ReyCEOFT$44,310$1,329$45,639

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Integra Architecture PLLCArchitect118 E Kingston Ave, Charlotte, NC 28203$174,239
Revenue and Support

Revenue Composition

Contributions and Grants
$4,162,443
Program Service Revenue
$1,017,216
Investment Income
$0
Other Revenue
$149,576
All Other Contributions
$3,111,939
Change in Net Assets
$1,113,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,329,235
Total Revenue per Audited Statements
$5,329,235
Total Revenue per Form 990
$5,329,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,035,285
Other Expenses$1,180,618
Total Fundraising Expense$568,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,082,911$137,275$336,464$2,556,650
Fees for Services Other$212,892$162,149$142,086$517,127
Payroll Taxes$331,262$55,148$46,586$432,996
Occupancy$197,537$38,176$4,259$239,972
Office Expenses$161,447$27,055$19,761$208,263
Current Officers, Directors, Trustees, and Key Employees$22,820$6,846$15,973$45,639
Insurance$14,453$5,162$1,032$20,647
Depreciation Depletion$7,960$2,843$808$11,611
Travel$6,895$683$29$7,607
Other Expenses$6,430$593$119$7,142
Total Functional Expenses$3,210,037$437,527$568,339$4,215,903

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,215,903
Total Expenses per Audited Statements$4,215,903
Total Expenses per Form 990$4,215,903
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$168,734
Fundraising Direct Expenses$25,607
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Grandes Suenos/Big Dreams$168,734$168,734-$168,734
Total Events$168,734$168,734$25,607$143,127
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 35% controlled entity
No
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, Part VI, Section B, Line 11B

Reviewed by Chairman, Treasurer, CEO, and certain members of finance committee. A copy of the form 990 was provided to board before filing.

Form 990, Part VI, Section B, Line 12C

Each director, officer and key employee (Insider) owes a duty to promptly disclose any director or indirect financial or other material interest of which he or she has knowledge that he or she has or reasonably expects to have in any proposed or existing Arrangement with the Organization prior to the start of any negotiations with respect to such matter. Any direct or indirect financial interest shall be disclosed in writing to the President of the Board and shall include all material facts and supply any reasons why the Arrangement is in the best interests of the Organization. The President of the Board shall refer the issue to the full Board, the Executive Committee, or other Board Committee having decision-making authority over the substantive matter in question.The Insider may make a presentation and respond to questions by the Board or Committee, but after such presentation, he or she shall leave the meeting during the discussion of, and vote on, the Arrangement that results in the conflict of interest. The Board shall determine whether the Organization can obtain a more advantageous Arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. If deemed appropriate, the Board or Committee shall appoint a disinterested person or committee to investigate alternatives to the proposed Arrangement (and shall identify at least three alternatives). If a more advantageous arrangement is not reasonable attainable, the Board or Committee shall determine by a majority vote of the disinterested members whether the Arrangement is in the Organizations best interests and whether it is fair and reasonable to the Organization. The deliberation on the matter shall be documented in the minutes for that meeting. The minutes shall include a summary of the Arrangement, the identity of the Insider, the Insiders interest in the Arrangement, the reasons for supporting the determination, the names of the persons who were present for discussions and votes related to the Arrangement, and a record of the votes taken in connection with the Arrangement.

Form 990, Part VI, Section C, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Charlotte Bilingual Preschool
EIN
36-4522499
Phone
7045358080
Address
6300 Highland Avenue, Charlotte, NC 28215

Signing Officer

Name
Ana Silva Rey
Title
CEO
Signed
2025-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ana Silva Rey
Formed
2001
Legal Domicile
Nc
Voting Board Members
23
Independent Board Members
23
Employees
86
Volunteers
150

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Terry W Lancaster
Phone
7043721515
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IRS990/Desc0The preschool provides culturally relevant, comprehensive Family Programs that offer family members resources and support to help them lead healthy families, engage effectively in their childrens early development, and prepare their children for success in elementary school and beyond. Weekly Family Cafs are a central component of CltBPs Family Programs, through which a trained Family Educator presents information and facilitates discussion about topics chosen by families. In the 2023-24 school year, topics included supporting childrens social-emotional development, promoting literacy development, parent mental health and well-being, and community resources. Discussions typically share evidence-based best practices, while also providing opportunities for families to share their experiences, strengths, and challenges related to the topic. Family Cafs aim to promote positive educational involvement at home and at school, while also helping family members develop relationships with one another and learn from one anothers experiences and expertise. In turn, these relationships can promote greater social support and social capital and enhance participants capacity to promote the best possible outcomes for their children and families. Related to these goals, the Family Programs also organized several events that aimed to build community and connect families to community resources. These events included holiday celebrations, a kindergarten fair, computer, and financial literacy workshops. In the 2023-24 school year, CltBPs Family Programs partnered with leaders from the family community to open CltBPs Clothing Closet, which provides free clothing, materials, and supplies for families with infants and toddlers. Taken together, these programs illustrate CltBPs commitment to meeting the diverse needs of CltBP children and families and creating opportunities to foster social support, social capital, and mutual learning among families. Importantly, these benefits position families to effectively support their childrens development. CltBP also offered services for 33 families with children from birth to age 1.5 through three iterations of the 10-week Creciendo Juntos (Growing Together) program. Through Creciendo Juntos, CltBPs Family Educator facilitated weekly group meetings (via Zoom; 10 meetings total) with groups of 10 to 14 parents to discuss evidence-based strategies for nurturing infants and newborns. In addition to programing focused on supporting children and families, CltBP implemented workforce development programing, which aimed to build on the strengths of CltBP families to develop an early childhood education workforce to provide high quality, culturally and linguistically responsive early care and education for Spanish-speaking children and families. CltBPs workforce development programs help immigrant and Spanish-speaking adults (primarily from the CltBP family community) earn the certifications required to be preschool teachers. Leveraging partnerships with Central Piedmont Community College, participants complete courses provided Spanish that help them progress toward a Preschool Teacher Certificate. Simultaneously, participants engage in English as a Second Language classes, which allows them to pursue additional educational pathways, such as an associates degree, bachelors degree, or a graduate Birth-Kindergarten Certificate. While completing coursework, twelve participants engaged in CltBPs apprenticeship program, which helps them develop practical teaching skills in a dual language, culturally responsive setting. Apprentices provide support in CltBP classrooms at least two days per week, receive 4 mentorship from lead teachers in their classroom, and participate in weekly trainings offered by CltBPs coach. Additionally, apprentices work 20 hours as Early Learning Specialists in ParentChild+. Upon completion of program requirements, apprentices receive a Preschool Teacher Apprenticeship Certificate from the US Departme
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