Civic Intelligence

Early Steps Learning Foundation

EIN 46-4224707 • 501(c)3 • Crystal, MN

Profile

Early Steps Learning Foundation provides high quality childcare to children from 16 months to 5 years of age. We emphasize on providing a safe, fun learning environment where children can explore while their growth and development is nurtured.

6122 42nd Ave NorthCrystal, MN 55422

www.esl-foundationabc.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

54th percentile

3.4%

Higher net margin than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$15,229

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$115,027

Up $13,853 (+14%) from 2023

Liabilities

Down

$25,000

Down $8,766 (-26%) from 2023

Net Assets

Up

$90,027

Up $22,619 (+34%) from 2023

Revenue

Up

$466,853

Up $81,900 (+21%) from 2023

Expenses

Up

$450,864

Up $22,649 (+5.3%) from 2023

Net Income

Up

$15,989

Up $59,251 (+137%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2017: $2,383Liabilities 2017: $14,963Net Assets 2017: -$12,5802017Assets 2018: $2,468Liabilities 2018: $14,962Net Assets 2018: -$12,4942018Assets 2019: $1,059Liabilities 2019: $13,766Net Assets 2019: -$12,7072019Assets 2020: $71,576Liabilities 2020: $33,766Net Assets 2020: $37,8102020Assets 2021: $71,228Liabilities 2021: $33,766Net Assets 2021: $37,4622021Assets 2022: $144,436Liabilities 2022: $33,766Net Assets 2022: $110,6702022Assets 2023: $101,174Liabilities 2023: $33,766Net Assets 2023: $67,4082023Assets 2024: $115,027Liabilities 2024: $25,000Net Assets 2024: $90,0272024

Highlighted filing

2024

Assets$115,027
Liabilities$25,000
Net Assets$90,027

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $111,085Expenses 2017: $123,665Net Income 2017: -$12,5802017Revenue 2018: $197,527Expenses 2018: $197,441Net Income 2018: $862018Revenue 2019: $240,615Expenses 2019: $240,828Net Income 2019: -$2132019Revenue 2020: $244,180Expenses 2020: $222,728Net Income 2020: $21,4522020Revenue 2021: $327,019Expenses 2021: $303,359Net Income 2021: $23,6602021Revenue 2022: $511,408Expenses 2022: $475,957Net Income 2022: $35,4512022Revenue 2023: $384,953Expenses 2023: $428,215Net Income 2023: -$43,2622023Revenue 2024: $466,853Expenses 2024: $450,864Net Income 2024: $15,9892024

Highlighted filing

2024

Revenue$466,853
Expenses$450,864
Net Income$15,989

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.2
Gross Receipts
$466,853
Mission and Program Overview

Mission

Early Steps Learning Foundation provides high quality childcare to children from 16 months to 5 years of age. We emphasize on providing a safe, fun learning environment where children can explore while their growth and development is nurtured.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$67,408$90,027▲ $22,619
Savings and Temporary Cash Investments$51,325$69,232▲ $17,907
Cash and Non-Interest-Bearing Accounts$23,884$23,464▼ $420
Land, Buildings, and Equipment, Net$25,965$22,331▼ $3,634
Total Assets$101,174$115,027▲ $13,853
Liabilities
Unsecured Notes Loans Payable$25,000$25,000→ $0
Other Liabilities$8,766--
Total Liabilities$33,766$25,000▼ $8,766
Net Assets / Fund Balance
Total Net Assets Fund Balance$67,408$90,027▲ $22,619
Total Liabilities and Net Assets / Fund Balance$101,174$115,027▲ $13,853

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,331$7,176-
Leasehold Improvements$18,000$2,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Garshena StewartExecutive DirectorFT$62,820$62,820
Nora KellyVice ChairwomanFT$27,984$27,984
Tiffany McgeeTreasurerFT$23,065$23,065

Board Members and Trustees

NameTitle
Marzell McgeeBoard Member
Mary BadySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$451,272
Investment Income
$0
Other Revenue
$15,581
Change in Net Assets
$15,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$232,670
Other Expenses$218,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$113,869--$113,869
Occupancy$100,992--$100,992
Other Salaries and Wages$88,815--$88,815
All Other Expenses$37,155$950-$38,105
Payroll Taxes$29,986--$29,986
Information Technology$10,232--$10,232
Office Expenses$6,751--$6,751
Depreciation Depletion$3,634--$3,634
Advertising$3,250--$3,250
Other Expenses$3,081--$3,081
Interest$1,284--$1,284
Total Functional Expenses$449,914$950$0$450,864
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Officer directors etc family relationship Part VI line 2

All of Early Steps Learning Foundations Board of Directors share a family relationship. Marzell McGee is the mother of Nora Kelly and Mary Bady; Garshena Stewart and Tiffany McGee are the daughters of Nora Kelly.

Form 990 governing body review Part VI line 11

The organization 990 is compiled by our accountant with the assistance of the Treasurer of Early Steps Learning Foundations. Once the 990 has been completed it is shared amongst the Board of Directors over a virtual meeting for review and open for comment prior to the approval of filing. All comments and questions are resolved prior to filing, primarily through email between all board members.

Conflict of interest policy compliance Part VI line 12C

Early Steps Learning Foundations Conflict of interest policy is viewed annually by each board member. During this time all board members collectively review each Board Members statement and discuss any questions members may have. In the event conflict shall need to be resolved, Board Members anonymously vote to reach conflict resolution. Members are bound to report any changes to their situation throughout the year. The Executive Chairperson will poll the board as to their status at annual board meetings and those results are compiled in minutes.

CEO executive director top management comp Part VI line 15A

During the organization structure of Early Steps Learning Foundation as an entity, it was agreed upon by the Governing Board of Directors that all Board Members will receive a salary upon working hourly at the onsite locatins as an employee. The Board also established that upon the growth of revenue of Early Steps Learning Foundation, the board would meet again to establish a salary for the Board of Directors according to their professional work ethic. The salary would also reflect the preferred salary of firms such as the Minnesota Council for Non-Profit.

Other officer or key employee compensation Part VI line 15B

During the organization structure of Early Steps Learning Foundation as an entity, it was agreed upon by the Governing Board of Directors that all Board Members will receive a salary upon working hourly at the onsite locations as an employee. The Board also established that upon the growth of revenue of Early Steps Learning Foundation, the board would meet again to establish a salary for the Board of Directors according to their professional work ethic. The salary would also reflect the preferred salary of firms such as the Minnesota Council for Non-Profit.

Governing documents etc available to public Part VI line 19

Form 990 is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Early Steps Learning Foundation
EIN
46-4224707
In Care Of
% GARSHENA STEWART
Phone
7632002532
Address
6122 42ND AVE NORTH, CRYSTAL, MN 55422

Signing Officer

Name
Garshena Stewart
Title
Executive Director
Phone
7632002532
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garshena Stewart
Formed
2016
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
2

Preparer

Firm
Dao T Nguyen CPA
Address
4011 WEST BROADWAY AVE, ROBBINSDALE, MN 55422
Preparer
Dao Nguyen CPA
Phone
7637577685
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

The Organization applied and received 2nd PPP loan in the amount of $31,327. It was forgiven as of 12/31/2021.

List of other expenses Part IX line 24E

Protective Gears: 6236; Training and Certification: 1475 Weekly Cleaning: 14100 Graduation Expenses: 2300 Pest Control: 798 Staff Expenses: 650 Summer Calendar Expenses: 7284 Utilities: 7282 Maintenance: 7875 Professional Services: 5260

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All of Early Steps Learning Foundations Board of Directors share a family relationship. Marzell McGee is the mother of Nora Kelly and Mary Bady; Garshena Stewart and Tiffany McGee are the daughters of Nora Kelly.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization 990 is compiled by our accountant with the assistance of the Treasurer of Early Steps Learning Foundations. Once the 990 has been completed it is shared amongst the Board of Directors over a virtual meeting for review and open for comment prior to the approval of filing. All comments and questions are resolved prior to filing, primarily through email between all board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Early Steps Learning Foundations Conflict of interest policy is viewed annually by each board member. During this time all board members collectively review each Board Members statement and discuss any questions members may have. In the event conflict shall need to be resolved, Board Members anonymously vote to reach conflict resolution. Members are bound to report any changes to their situation throughout the year. The Executive Chairperson will poll the board as to their status at annual board meetings and those results are compiled in minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During the organization structure of Early Steps Learning Foundation as an entity, it was agreed upon by the Governing Board of Directors that all Board Members will receive a salary upon working hourly at the onsite locatins as an employee. The Board also established that upon the growth of revenue of Early Steps Learning Foundation, the board would meet again to establish a salary for the Board of Directors according to their professional work ethic. The salary would also reflect the preferred salary of firms such as the Minnesota Council for Non-Profit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4During the organization structure of Early Steps Learning Foundation as an entity, it was agreed upon by the Governing Board of Directors that all Board Members will receive a salary upon working hourly at the onsite locations as an employee. The Board also established that upon the growth of revenue of Early Steps Learning Foundation, the board would meet again to establish a salary for the Board of Directors according to their professional work ethic. The salary would also reflect the preferred salary of firms such as the Minnesota Council for Non-Profit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990 is available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization applied and received 2nd PPP loan in the amount of $31,327. It was forgiven as of 12/31/2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Protective Gears: 6236; Training and Certification: 1475 Weekly Cleaning: 14100 Graduation Expenses: 2300 Pest Control: 798 Staff Expenses: 650 Summer Calendar Expenses: 7284 Utilities: 7282 Maintenance: 7875 Professional Services: 5260
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
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