Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 13.7% of source-year revenue.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
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
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $4,331 | $7,176 | - |
| Leasehold Improvements | $18,000 | $2,000 | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Garshena Stewart | Executive Director | FT | $62,820 | $62,820 |
| Nora Kelly | Vice Chairwoman | FT | $27,984 | $27,984 |
| Tiffany Mcgee | Treasurer | FT | $23,065 | $23,065 |
| Name | Title |
|---|---|
| Marzell Mcgee | Board Member |
| Mary Bady | Secretary |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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.”
“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.”
“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.”
“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.”
“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.”
“Form 990 is available to the public upon request.”
“The Organization applied and received 2nd PPP loan in the amount of $31,327. It was forgiven as of 12/31/2021.”
“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”
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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 3250 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 950 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 37155 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 38105 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3634 |
| IRS990/Desc | 0 | These Program service expenses were required to run a daycare program. |
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| IRS990/DisregardedEntityInd | 0 | false |
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| IRS990/MissionDesc | 0 | 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. |
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| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 11507 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Form 990 is available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The Organization applied and received 2nd PPP loan in the amount of $31,327. It was forgiven as of 12/31/2021. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Officer directors etc family relationship Part VI line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Explanation of other changes in net assets or fund balances Part XI line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | List of other expenses Part IX line 24e |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
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| IRS990/TotalLiabilitiesBOYAmt | 0 | 33766 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 25000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 33766 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 25000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 67408 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 90027 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 451272 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 113869 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 115027 |
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| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 25000 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 25000 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 6122 42ND AVE NORTH |
| IRS990/USAddress/CityNm | 0 | CRYSTAL |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55422 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | www.esl-foundationabc.org |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARSHENA STEWART |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7632002532 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | EARLY STEPS LEARNING FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EARL |
| ReturnHeader/Filer/EIN | 0 | 464224707 |
| ReturnHeader/Filer/InCareOfNm | 0 | % GARSHENA STEWART |
| ReturnHeader/Filer/PhoneNum | 0 | 7632002532 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6122 42ND AVE NORTH |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CRYSTAL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55422 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 412009053 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAO T NGUYEN CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4011 WEST BROADWAY AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ROBBINSDALE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55422 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7637577685 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAO NGUYEN CPA |
| ReturnHeader/ReturnTs | 0 | 2026-02-06T10:18:16-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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