Civic Intelligence

Early Learning Coalition of Marion County Inc.

990 • Fiscal year 2017 • EIN 59-3627759

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 07, 2018

2300 SW 17th RoadOcala, FL 34471

(352) 369-2315

Siviq Scores

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

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.11x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

35th percentile

-0.1%

Higher net margin than 35% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

27th percentile

$112,654

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

18th percentile

-3.4%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,011,862

Down $70,155 (-3.4%) from 2016

Net Assets

Down

$294,706

Down $18,500 (-5.9%) from 2016

Liabilities

Down

$1,717,156

Down $51,655 (-2.9%) from 2016

Revenue

Up

$14,998,663

Up $1,581,788 (+12%) from 2016

Expenses

Up

$15,017,163

Up $1,563,268 (+12%) from 2016

Net Income

Up

-$18,500

Up $18,520 (+50%) from 2016

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: $2,445,576Liabilities 2010: $2,350,625Net Assets 2010: $94,9512010Assets 2011: $1,478,378Liabilities 2011: $1,392,228Net Assets 2011: $86,1502011Assets 2012: $1,452,001Liabilities 2012: $1,314,063Net Assets 2012: $137,9382012Assets 2013: $1,779,124Liabilities 2013: $1,301,278Net Assets 2013: $477,8462013Assets 2014: $1,578,146Liabilities 2014: $1,215,034Net Assets 2014: $363,1122014Assets 2015: $1,694,345Liabilities 2015: $1,344,699Net Assets 2015: $349,6462015Assets 2016: $2,082,017Liabilities 2016: $1,768,811Net Assets 2016: $313,2062016Assets 2017: $2,011,862Liabilities 2017: $1,717,156Net Assets 2017: $294,7062017Assets 2018: $1,563,805Liabilities 2018: $1,198,439Net Assets 2018: $365,3662018Assets 2019: $2,576,208Liabilities 2019: $2,157,504Net Assets 2019: $418,7042019Assets 2020: $4,255,100Liabilities 2020: $3,835,670Net Assets 2020: $419,4302020Assets 2021: $2,959,241Liabilities 2021: $2,485,827Net Assets 2021: $473,4142021Assets 2022: $2,549,020Liabilities 2022: $1,891,307Net Assets 2022: $657,7132022Assets 2023: $4,694,519Liabilities 2023: $4,128,375Net Assets 2023: $566,1442023Assets 2024: $4,626,528Liabilities 2024: $4,050,747Net Assets 2024: $575,7812024

Highlighted filing

2017

Assets$2,011,862
Liabilities$1,717,156
Net Assets$294,706

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $15,942,7352010Expenses 2011: $15,808,0252011Expenses 2012: $13,666,3382012Revenue 2013: $15,289,855Expenses 2013: $14,949,947Net Income 2013: $339,9082013Revenue 2014: $15,510,111Expenses 2014: $15,530,506Net Income 2014: -$20,3952014Revenue 2015: $15,071,743Expenses 2015: $15,107,725Net Income 2015: -$35,9822015Revenue 2016: $13,416,875Expenses 2016: $13,453,895Net Income 2016: -$37,0202016Revenue 2017: $14,998,663Expenses 2017: $15,017,163Net Income 2017: -$18,5002017Revenue 2018: $15,984,559Expenses 2018: $15,913,684Net Income 2018: $70,8752018Revenue 2019: $16,296,582Expenses 2019: $16,244,171Net Income 2019: $52,4112019Revenue 2020: $17,500,790Expenses 2020: $17,501,548Net Income 2020: -$7582020Revenue 2021: $19,272,035Expenses 2021: $19,228,334Net Income 2021: $43,7012021Revenue 2022: $21,809,947Expenses 2022: $21,608,098Net Income 2022: $201,8492022Revenue 2023: $37,400,656Expenses 2023: $37,492,315Net Income 2023: -$91,6592023Revenue 2024: $24,222,786Expenses 2024: $24,219,099Net Income 2024: $3,6872024

Highlighted filing

2017

Revenue$14,998,663
Expenses$15,017,163
Net Income-$18,500
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 7, 2018
Return Version
2016v3.1
Gross Receipts
$14,998,663
Mission and Program Overview

Mission

To provide leadership and foster partnerships to optimize a quality early learning environment for our children through child care, voluntary pre-kindergarten and parent education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,153,489$903,868▼ $249,621
Land, Buildings, and Equipment, Net$734,375$711,066▼ $23,309
Savings and Temporary Cash Investments$172,341$372,699▲ $200,358
Prepaid Expenses and Deferred Charges$21,387$24,175▲ $2,788
Cash and Non-Interest-Bearing Accounts$425$54▼ $371
Total Assets$2,082,017$2,011,862▼ $70,155
Liabilities
Accounts Payable and Accrued Expenses$1,695,996$1,589,406▼ $106,590
Unsecured Notes Loans Payable$67,122$126,115▲ $58,993
Deferred Revenue$5,693$1,635▼ $4,058
Total Liabilities$1,768,811$1,717,156▼ $51,655
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$499,638-
Unrestricted Net Assets$313,206$-204,932▼ $518,138
Total Net Assets Fund Balance$313,206$294,706▼ $18,500
Total Liabilities and Net Assets / Fund Balance$2,082,017$2,011,862▼ $70,155

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$577,614$97,101$674,715
Land$116,960-$116,960
Equipment$16,492$41,330$57,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roseann FricksCEOFT$100,440$12,214$112,654
Deanna JohnsonFinance DireFT$57,590$3,822$61,412

Board Members and Trustees

NameTitle
Robert ColenChair
Lisa SeifferVice Chair
Anna DeweseBoard Member
Autumn TomasBoard Member
Cara MeeksBoard Member
David MooreBoard Member
Doug DayBoard Member
Earlene CarteBoard Member
Gwen WilsonBoard Member
Howard MoonBoard Member
Judy JohnsonBoard Member
Kathy RobbinsBoard Member
Lola GonzalezBoard Member
Lynn HoughBoard Member
Melissa HancockBoard Member
Richard ForresterBoard Member
Roberta BrantBoard Member
Lori BoringPast Vice Ch
Paola LopezSecretary
Kathleen WoodringTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Marion County School BoardContracted Chil512 SE 3RD STREET, Ocala, FL 34471$1,822,564
Kids AcademyContracted Chil6730 SW 85TH STREET, Ocala, FL 34476$534,467
New Beginnings Child Care & LearningContracted Chil2746 NE 14TH ST, Ocala, FL 34470$483,237
Future Stars Preschool AcademyContracted Chil2746 NE 14TH ST, Ocala, FL 34470$328,801
Kinderoo Children's AcademyContracted Chil5180 SW 6OTH AVE, Ocala, FL 34474$315,541
Revenue and Support

Revenue Composition

Contributions and Grants
$14,990,328
Program Service Revenue
$4,174
Investment Income
$306
Other Revenue
$3,855
All Other Contributions
$214,621
Change in Net Assets
$-18,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,998,663
Revenue Not Reported on Form 990
$3,371
Total Revenue per Audited Statements
$15,002,034
Total Revenue per Form 990
$14,998,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,729,825
Salaries, Compensation, and Employee Benefits$1,287,338
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$12,666,666$10,350-$12,677,016
Other Salaries and Wages$697,413$160,087-$857,500
Current Officers, Directors, Trustees, and Key Employees$37,215$146,774-$183,989
Other Employee Benefits$103,881$26,593-$130,474
Office Expenses$83,365$10,774-$94,139
Information Technology$77,675$6,525-$84,200
Payroll Taxes$53,806$24,979-$78,785
Occupancy$44,668$5,336-$50,004
Depreciation Depletion-$38,444-$38,444
Pension Plan Contributions$29,667$6,923-$36,590
Insurance$9,278$14,600-$23,878
Travel$10,536$5,693-$16,229
Fees for Services Accounting-$15,250-$15,250
All Other Expenses$13,292$1,531-$14,823
Conferences and Meetings$8,989$2,715-$11,704
Other Expenses$2,543$6,465-$9,008
Fees for Services Legal-$8,738-$8,738
Interest-$3,113-$3,113
Total Functional Expenses$14,503,403$513,760$0$15,017,163

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,020,534
Expenses per Audited Statements$15,017,163
Total Expenses per Form 990$15,017,163
Expenses Not Reported on Form 990$3,371
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,991
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dr Anna DeweseEmployee of McsChildcare ServicesNo$1,822,564
Paola LopezKinderoo ChildChildcare ServicesNo$315,541
Earlene CarteFirst AssemblyChildcare ServicesNo$247,047
Kathy RobbinsEmployee of CcfChildcare ServicesNo$98,500
Gwen WilsonFamily ChildcarChildcare ServicesNo$68,764
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

A copy of the irs 990 is distributed to board members by mail, email or in person, for review and approval.

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

Board members are required to disclose any conflicts of interest at any board meeting. Questionnaires are distributed annually to board members for disclosure of this information.

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

The executive director's salary increase is based on evaluation by a team of the board of directors of the coalition, which is chosen by the chair.

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

Officers receive salary increases based on merit and performance as indicated in written evaluations on an annual basis.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Early Learning Coalition of Marion
EIN
59-3627759
Phone
3523692315
Address
2300 SW 17TH ROAD, OCALA, FL 34471

Signing Officer

Name
Roseann Fricks
Title
CEO
Phone
3523692315
Signed
2018-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roseann Fricks
Formed
1999
Legal Domicile
Fl
Voting Board Members
20
Independent Board Members
20
Employees
32
Volunteers
3

Preparer

Firm
Purvis Gray & Company Llp
Address
2347 SE 17TH STREET, OCALA, FL 34471
Preparer
Mark a White CPA
Phone
3527323872
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted children svcs 7,233,637 0 0 contracted children svcs 5,153,415 0 0 contracted children svcs 248,990 0 0 professional services 27,417 0 0 professional services 300 0 0 professional services 2,907 0 0 professional services 0 10,350 0 total 12,666,666 10,350 0

Financial Statement Notes

Schedule D, Page 3, Part X

The coalition is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, the financial statements do not reflect a provision for income taxes. In accordance with accounting standards codification section 740-10, income tax uncertainties, it is the policy of management to evaluate its tax positions on an ongoing basis and to disclose any such positions it believes would have a material impact on the financial statements and related notes. Management also believes that no such required disclosures currently exist. The coalition is no longer subject to u.s. Federal and state income tax examinations by tax authorities for years before 2014. The coalition would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties, if any, in operating expenses.

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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt21CEO
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IRS990/FundraisingGrossIncomeAmt01991
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014998663
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IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt077675
IRS990/InformationTechnologyGrp/TotalAmt084200
IRS990/InsuranceGrp/ManagementAndGeneralAmt014600
IRS990/InsuranceGrp/ProgramServicesAmt09278
IRS990/InsuranceGrp/TotalAmt023878
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0711066
IRS990/LandBldgEquipCostOrOtherBssAmt0849497
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE LEADERSHIP AND FOSTER PARTNERSHIPS TO OPTIMIZE A QUALITY EARLY LEARNING ENVIRONMENT FOR OUR CHILDREN THROUGH CHILD CARE, VOLUNTARY PRE-KINDERGARTEN AND PARENT EDUCATION.
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IRS990/OccupancyGrp/ProgramServicesAmt044668
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010774
IRS990/OfficeExpensesGrp/ProgramServicesAmt083365
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0103881
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0130474
IRS990/OtherExpensesGrp/Desc0QUALITY INITIATIVES
IRS990/OtherExpensesGrp/Desc1PARENT EDUCATION
IRS990/OtherExpensesGrp/Desc2MISC
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/ProgramServicesAmt131146
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IRS990/OtherExpensesGrp/TotalAmt131146
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IRS990/OtherExpensesGrp/TotalAmt39008
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IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
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IRS990/PayrollTaxesGrp/ProgramServicesAmt053806
IRS990/PayrollTaxesGrp/TotalAmt078785
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06923
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029667
IRS990/PensionPlanContributionsGrp/TotalAmt036590
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROVIDER TRAINING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04174
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04174
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOOL READINESS PROGRAM: PROVIDES FINANCIAL ASSISTANCE FOR CHILD CARE COST TO FAMILIES WHO MEET THE QUALIFYING GUIDELINES, INCLUDING AFTER SCHOOL CARE FOR SCHOOL AGE CHILDREN AND PROVIDES EARLY EDUCATION SERVICES TO CHILDREN INFANT TO 5 YEARS OF AGE. THE EARLY LEARNING COALITION PROVIDES SERVICES IN THE SCHOOL READINESS PROGRAM TO 2,456 CHILDREN IN MARION COUNTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09188349
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04174
IRS990/ProgSrvcAccomActy3Grp/Desc0VOLUNTARY PRE-KINDERGARTEN (VPK) PROGRAM: PROVIDES CHILDREN WHO RESIDE IN FLORIDA AND WILL ATTAIN THE AGE OF FOUR YEARS ON OR BEFORE SEPTEMBER 1 OF THE SCHOOL YEAR A VPK EDUCATION PROGRAM. THE EARLY LEARNING COALITION PROVIDES VPK SERVICES TO 2,096 CHILDREN IN MARION COUNTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05254355
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013412912
IRS990/PYExcessBenefitTransInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.63$4.05$0.58$24.2$24.2$0.00
2023Detailed filing. Detailed filing data is available for this year.$4.69$4.13$0.57$37.4$37.5$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.55$1.89$0.66$21.8$21.6$0.20
2021Detailed filing. Detailed filing data is available for this year.$2.96$2.49$0.47$19.3$19.2$0.04
2020Detailed filing. Detailed filing data is available for this year.$4.26$3.84$0.42$17.5$17.5$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.58$2.16$0.42$16.3$16.2$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.56$1.20$0.37$16.0$15.9$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.01$1.72$0.29$15.0$15.0$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.08$1.77$0.31$13.4$13.5$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.69$1.34$0.35$15.1$15.1$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.58$1.22$0.36$15.5$15.5$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$1.30$0.48$15.3$14.9$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$1.31$0.14$13.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$1.39$0.09$15.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$2.35$0.09$15.9