Civic Intelligence

Early Learning Coalition of Pinnellas County Inc.

990 • Fiscal year 2020 • EIN 59-3726679

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 29, 2021

2536 Countryside BlvdClearwater, FL 33763

(727) 548-1439

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.19x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

35th percentile

0.1%

Higher net margin than 35% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

10th percentile

$128,720

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

98th percentile

192%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

16%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$11,556,684

Up $7,597,348 (+192%) from 2019

Net Assets

Up

$378,940

Up $59,298 (+19%) from 2019

Liabilities

Up

$11,177,744

Up $7,538,050 (+207%) from 2019

Revenue

Up

$59,577,536

Up $8,009,752 (+16%) from 2019

Expenses

Up

$59,518,238

Up $8,038,096 (+16%) from 2019

Net Income

Down

$59,298

Down $28,344 (-32%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $3,408,260Liabilities 2013: $3,261,304Net Assets 2013: $146,9562013Assets 2014: $3,150,828Liabilities 2014: $2,985,112Net Assets 2014: $165,7162014Assets 2015: $3,879,495Liabilities 2015: $3,716,807Net Assets 2015: $162,6882015Assets 2016: $3,879,813Liabilities 2016: $3,728,059Net Assets 2016: $151,7542016Assets 2017: $4,308,770Liabilities 2017: $4,096,561Net Assets 2017: $212,2092017Assets 2018: $3,959,090Liabilities 2018: $3,727,090Net Assets 2018: $232,0002018Assets 2019: $3,959,336Liabilities 2019: $3,639,694Net Assets 2019: $319,6422019Assets 2020: $11,556,684Liabilities 2020: $11,177,744Net Assets 2020: $378,9402020Assets 2021: $7,713,027Liabilities 2021: $7,295,041Net Assets 2021: $417,9862021Assets 2022: $5,456,650Liabilities 2022: $4,984,663Net Assets 2022: $471,9872022Assets 2023: $11,483,069Liabilities 2023: $11,026,682Net Assets 2023: $456,3872023Assets 2024: $7,708,183Liabilities 2024: $7,242,118Net Assets 2024: $466,0652024Assets 2025: $8,597,903Liabilities 2025: $8,068,978Net Assets 2025: $528,9252025

Highlighted filing

2020

Assets$11,556,684
Liabilities$11,177,744
Net Assets$378,940

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2013: $45,317,9012013Revenue 2014: $48,443,670Expenses 2014: $48,424,910Net Income 2014: $18,7602014Revenue 2015: $47,902,802Expenses 2015: $47,905,830Net Income 2015: -$3,0282015Revenue 2016: $47,802,458Expenses 2016: $47,813,392Net Income 2016: -$10,9342016Revenue 2017: $49,543,347Expenses 2017: $49,482,892Net Income 2017: $60,4552017Revenue 2018: $49,834,904Expenses 2018: $49,815,113Net Income 2018: $19,7912018Revenue 2019: $51,567,784Expenses 2019: $51,480,142Net Income 2019: $87,6422019Revenue 2020: $59,577,536Expenses 2020: $59,518,238Net Income 2020: $59,2982020Revenue 2021: $68,731,992Expenses 2021: $68,692,946Net Income 2021: $39,0462021Revenue 2022: $76,543,136Expenses 2022: $76,489,135Net Income 2022: $54,0012022Revenue 2023: $116,529,967Expenses 2023: $116,545,567Net Income 2023: -$15,6002023Revenue 2024: $74,871,841Expenses 2024: $74,862,163Net Income 2024: $9,6782024Revenue 2025: $61,506,926Expenses 2025: $61,444,066Net Income 2025: $62,8602025

Highlighted filing

2020

Revenue$59,577,536
Expenses$59,518,238
Net Income$59,298
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 29, 2021
Return Version
2019v5.0
Gross Receipts
$59,577,536
Mission and Program Overview

Mission

Revolutionize early learning to inspire children, engage families, and elevate educators.

To revolutionize early learning to inspire children, engage families, and elevate educators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,695,699$7,496,566▲ $5,800,867
Cash and Non-Interest-Bearing Accounts$2,209,252$3,975,542▲ $1,766,290
Prepaid Expenses and Deferred Charges$40,966$77,682▲ $36,716
Land, Buildings, and Equipment, Net$13,419$6,894▼ $6,525
Total Assets$3,959,336$11,556,684▲ $7,597,348
Liabilities
Accounts Payable and Accrued Expenses$3,639,694$10,993,228▲ $7,353,534
Deferred Revenue-$184,516-
Total Liabilities$3,639,694$11,177,744▲ $7,538,050
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$319,642$378,940▲ $59,298
Total Net Assets Fund Balance$319,642$378,940▲ $59,298
Total Liabilities and Net Assets / Fund Balance$3,959,336$11,556,684▲ $7,597,348

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,894$148,603$155,497
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lindsay CarsonCEOFT$128,720$128,720
Merita KafexhuiCEOFT$124,427$124,427

Board Members and Trustees

NameTitle
Craig PhillipsChair
Elliot SternVice Chair
Anne RyanBoard Member
Celeste FernandezBoard Member
Cindy SeletosBoard Member
Comm Kathleen PetersBoard Member
Eric LynnBoard Member
Faith BornoffBoard Member
Fidel JohnsonBoard Member
Harry FogleBoard Member
Jackie LangBoard Member
Jeff KostihaBoard Member
Jennifer BrackneyBoard Member
Jessica HooperBoard Member
Josh DrechselBoard Member
Lashonda Watson-clarkBoard Member
Maj David DaltonBoard Member
Michael FeeneyBoard Member
Paula MacdonaldBoard Member
Ray HensleyBoard Member
Sandra HopkinsBoard Member
Susan JohnsonBoard Member
Susan RolstonBoard Member
Trevor PettifordBoard Member
Jack GellerSecretary
Victor LucasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,539,652
Program Service Revenue
$37,884
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,189,632
Change in Net Assets
$59,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$59,577,536
Total Revenue per Audited Statements
$59,577,536
Total Revenue per Form 990
$59,577,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,749,724
Salaries, Compensation, and Employee Benefits$5,528,373
Grants and Similar Amounts Paid$240,141
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,938,643$1,336,583-$5,275,226
Office Expenses$428,621$28,009-$456,630
Occupancy$220,853$171,200-$392,053
Fees for Services Management$148,685$145,309-$293,994
Current Officers, Directors, Trustees, and Key Employees$189,007$64,140-$253,147
Grants to Domestic Individuals$240,141--$240,141
Fees for Services Legal$8,500$45,000-$53,500
Travel$31,922$11,475-$43,397
Insurance-$38,662-$38,662
Advertising$36,426--$36,426
Other Expenses$16,763$99-$16,862
All Other Expenses$9,962$1,598-$11,560
Depreciation Depletion$6,525--$6,525
Total Functional Expenses$57,625,545$1,892,693$0$59,518,238

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$59,518,238
Total Expenses per Audited Statements$59,518,238
Total Expenses per Form 990$59,518,238
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
Audit committee
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, Page 6, Part VI, Line 11B

The finance committee will review and accept the form 990. After this, the board of directors will approve it.

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

New private sector members are required to sign an affidavit stating that neither "my family nor i may earn an income from the early education and child care industry. I hereby acknowledge that neither my family nor i have earned income from the early education and child care industry since becoming a member of the coalition, and that neither my family nor i will earn income from the early education and child care industry during the period of serving as a member of the coalition". In the event that an action taken presents a conflict of interest for a board member, the member must disclose their conflict and abstain from the vote. Additionally, they must complete "form 8b memorandum of voting conflict for county, municipal, and other local public officers".

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

Salaries of executive and key employees are reviewed and benchmarked against those of other coalitions, like-sized area non-profits, and available relevant public salary surveys. Ceo salary is determined and approved by the board of directors.

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

Salaries of executive and key employees are reviewed and benchmarked against those of other coalitions, like-sized area non-profits, and available relevant public salary surveys. Ceo salary is determined and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Form 990, Part VIII

Ccdf - cares act funded initiatives first responders/health care workers direct services the cares act prioritizes short-term funding to provide services for first responders and health care workers that must work outside the home and would not otherwise have child care. The oel developed a referral program for those meeting the eligibility requirements in accordance with 6m-4.208 for at-risk families. Child care services for these personnel were provided regardless of income. First responders/health care workers bonus grant for providers early learning child care providers and family child care homes serving essential workers (as determined by the oel) received a monthly bonus/incentive of 500 per child, up to 4,000 per month, for a maximum of 12,000 per provider location. The incentive is in addition to the school readiness reimbursement rate the contracted provider receives. Payment based on enrollment cares funding provided that beginning in may 2020 providers were paid based on enrollment and not attendance. Fee waivers - school readiness in accordance with dem order no. 20-004, all parent copays were waived, regardless of income, starting april 1, 2020. The office reviews this fee waiver every 14 days and communicates any updates to coalitions on a timely basis. Grants for phase i and phase ii: supports to contracted and non-contracted child care centers coalition received additional funding to support contracted and noncontracted child care providers that were open as of april 20, 2020 and to reopen providers that were closed on this date.

Filing and Contact Details

Filer

Filer Name
Early Learning Coalition of
EIN
59-3726679
Phone
7275481439
Address
2536 COUNTRYSIDE BLVD, CLEARWATER, FL 33763

Signing Officer

Name
Craig Phillips
Title
Chair
Phone
7275481439
Signed
2021-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Phillips
Formed
2001
Legal Domicile
Fl
Voting Board Members
26
Independent Board Members
26
Employees
100

Preparer

Firm
Moss Krusick & Associates LLC
Address
501 S NEW YORK AVE STE 100, WINTER PARK, FL 32789-4241
Preparer
W Ed Moss Jr
Phone
4076445811
Supplemental Narrative

Additional Explanations

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

School readiness (sr) program: the elc's school readiness program provides the elements necessary to prepare at-risk children for school, including health screenings/referrals and an appropriate educational program. Sr services are provided on a full day, full-year, and full-choice basis to the extent possible in order to enable parents to work and be financially self-sufficient. The delivery of sr programs are comprised of child care providers and school-based sites operated by public and nonpublic schools. Sr programs are funded through a mixture of federal and state funds. During the year 2019-2020, the coalition received 38 million in the sr funding from the state of florida. Coalition served an average of 6,452 children per month in approximately 400 child care providers; priorities were given to the children in priority 1&2 groups; however, the coalition served economically advantaged groups of children as well.

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

Voluntary prekindergarten (vpk) program: the elc's voluntary prekindergarten program provides that every four-year old child in florida is eligible for a free, high quality prekindergarten learning opportunity that shall be voluntary and delivered according to professionally accepted standards. The delivery system for the vpk program is comprised of private prekindergarten providers and of school-based sites operated by public and nonpublic schools. The vpk program is funded fully with state general revenue (gr) funds. The allowable vpk administrative, enrollment, and monitoring expenses are limited to 4.00% of the total slot expenditures. The spending rate for administration was under the state and federal requirements. At the end of june, the coalition was in compliance with the state requirement for administration spending rate for voluntary pre-kindergarten program. The coalition served an average of 5,800 children per month during the year 2019-2020 and contracted with approximately 220 vpk providers.

Financial Statement Notes

Schedule D, Page 3, Part X

The coalition is exempt from income tax under section 501(c)(3) of the internal revenue code; therefore no income tax provision is required in the accompanying financial statements. Management has analyzed its various federal and state filing positions and believes that its income tax filing positions and deductions are well documented and supported, and that no accruals for tax liabilities are necessary. Therefore, no reserves for uncertain income tax positions have been recorded.

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IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GovernmentGrantsAmt057350020
IRS990/GrantAmt0181791
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0240141
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/InsuranceGrp/TotalAmt038662
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IRS990/IRPDocumentCnt0308
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt06894
IRS990/LandBldgEquipCostOrOtherBssAmt0155497
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/OtherExpensesGrp/Desc1COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2227
IRS990/ProgSrvcAccomActy2Grp/Desc0VOLUNTARY PREKINDERGARTEN (VPK) PROGRAM: THE ELC'S VOLUNTARY PREKINDERGARTEN PROGRAM PROVIDES THAT EVERY FOUR-YEAR OLD CHILD IN FLORIDA IS ELIGIBLE FOR A FREE, HIGH QUALITY PREKINDERGARTEN LEARNING OPPORTUNITY THAT SHALL BE VOLUNTARY AND DELIVERED ACCORDING TO PROFESSIONALLY ACCEPTED STANDARDS. THE DELIVERY SYSTEM FOR THE VPK PROGRAM IS COMPRISED OF PRIVATE PREKINDERGARTEN PROVIDERS AND OF SCHOOL-BASED SITES OPERATED BY PUBLIC AND NONPUBLIC SCHOOLS. THE VPK PROGRAM IS FUNDED FULLY WITH STATE GENERAL REVENUE (GR) FUNDS. THE ALLOWABLE VPK ADMINISTRATIVE, ENROLLMENT, AND MONITORING EXPENSES ARE LIMITED TO 4.00% OF THE TOTAL SLOT EXPENDITURES. THE SPENDING RATE FOR ADMINISTRATION WAS UNDER THE STATE AND FEDERAL REQUIREMENTS. AT THE END OF JUNE, THE COALITION WAS IN COMPLIANCE WITH THE STATE REQUIREMENT FOR ADMINISTRATION SPENDING RATE FOR VOLUNTARY PRE-KINDERGARTEN PROGRAM. THE COALITION SERVED AN AVERAGE OF 5,800 CHILDREN PER MONTH DURING THE YEAR 2019-2020 AND CONTRACTED WITH APPROXIMATELY 220 VPK PROVIDERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt014290034
IRS990/ProgSrvcAccomActy3Grp/Desc0FROM THE FUNDS IN SPECIFIC APPROPRIATION 85, 30,000,000 IS PROVIDED TO EXPAND THE PROVISION OF SERVICES TO LOW INCOME FAMILIES AT OR BELOW 200 PERCENT OF THE FEDERAL POVERTY LEVEL AS LONG AS THE INCOME DOES NOT EXCEED 85% OF THE STATE MEDIAN INCOME. TO BE ELIGIBLE FOR FUNDING, THE EARLY LEARNING COALITION MUST MATCH THE STATE FUNDS ON A DOLLAR-FOR-DOLLAR BASIS AND THE LOCAL MATCH MUST COMPLY WITH FEDERAL CHILD CARE AND DEVELOPMENT BLOCK GRANT MATCHING REQUIREMENTS.
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt058350
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IRS990/PYProgramServiceRevenueAmt050040
IRS990/PYRevenuesLessExpensesAmt087642
IRS990/PYSalariesCompEmpBnftPaidAmt05003014
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IRS990/PYTotalRevenueAmt051567784
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt059298
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IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.60$8.07$0.53$61.5$61.4$0.06
2024Detailed filing. Detailed filing data is available for this year.$7.71$7.24$0.47$74.9$74.9$0.01
2023Detailed filing. Detailed filing data is available for this year.$11.5$11.0$0.46$117$117$0.02
2022Detailed filing. Detailed filing data is available for this year.$5.46$4.98$0.47$76.5$76.5$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$7.30$0.42$68.7$68.7$0.04
2020Detailed filing. Detailed filing data is available for this year.$11.6$11.2$0.38$59.6$59.5$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.96$3.64$0.32$51.6$51.5$0.09
2018Summary only. Only limited summary data is available for this year.$3.96$3.73$0.23$49.8$49.8$0.02
2017Summary only. Only limited summary data is available for this year.$4.31$4.10$0.21$49.5$49.5$0.06
2016Summary only. Only limited summary data is available for this year.$3.88$3.73$0.15$47.8$47.8$0.01
2015Summary only. Only limited summary data is available for this year.$3.88$3.72$0.16$47.9$47.9$0.00
2014Summary only. Only limited summary data is available for this year.$3.15$2.99$0.17$48.4$48.4$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$3.26$0.15$45.3