Civic Intelligence

Early Learning Coalition of Pinnellas County Inc.

990 • Fiscal year 2024 • EIN 59-3726679

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 14, 2025

2536 Countryside Blvd Ste 500Clearwater, 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

0.94x

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

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.10x

Higher debt load relative to revenue than 19% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

34th percentile

0.0%

Higher net margin than 34% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$197,633

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

1st percentile

-33%

Faster asset growth than 1% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-36%

Faster revenue growth than 6% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$7,708,183

Down $3,774,886 (-33%) from 2023

Net Assets

Up

$466,065

Up $9,678 (+2.1%) from 2023

Liabilities

Down

$7,242,118

Down $3,784,564 (-34%) from 2023

Revenue

Down

$74,871,841

Down $41,658,126 (-36%) from 2023

Expenses

Down

$74,862,163

Down $41,683,404 (-36%) from 2023

Net Income

Up

$9,678

Up $25,278 (+162%) from 2023

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

2024

Assets$7,708,183
Liabilities$7,242,118
Net Assets$466,065

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

2024

Revenue$74,871,841
Expenses$74,862,163
Net Income$9,678
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 14, 2025
Return Version
2023v6.0
Gross Receipts
$74,871,841
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,405,126$3,608,816▼ $796,310
Pledges and Grants Receivable$5,059,342$2,475,229▼ $2,584,113
Land, Buildings, and Equipment, Net$17,528$14,100▼ $3,428
Prepaid Expenses and Deferred Charges$16,196$12,417▼ $3,779
Total Assets$11,483,069$7,708,183▼ $3,774,886
Other Assets Total$1,984,877$1,597,621▼ $387,256
Liabilities
Accounts Payable and Accrued Expenses$9,026,032$5,591,696▼ $3,434,336
Other Liabilities$1,992,050$1,648,922▼ $343,128
Deferred Revenue$8,600$1,500▼ $7,100
Total Liabilities$11,026,682$7,242,118▼ $3,784,564
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$456,387$466,065▲ $9,678
Total Net Assets Fund Balance$456,387$466,065▲ $9,678
Total Liabilities and Net Assets / Fund Balance$11,483,069$7,708,183▼ $3,774,886

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,100$91,082$105,182
Other Assets Org$28,850--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lindsay CarsonCEOFT$171,963$25,670$197,633
Merita KafexhiuCFOFT$143,746$20,614$164,360

Board Members and Trustees

NameTitle
Elizabeth LohBoard Chair
Ricardo DavisVice Chair
Beth HoughtonBoard Member
Celeste FernandezBoard Member
Charlie JusticeBoard Member
Chris LatvalaBoard Member
Chris SchererBoard Member
Elissa LongBoard Member
Elliott SternBoard Member
Eric LynnBoard Member
Faith BornoffBoard Member
Fidel JohnsonBoard Member
Harry FogleBoard Member
Heather DuncanBoard Member
Jackie LangBoard Member
Jennifer MeklerBoard Member
Lashonda WclarkBoard Member
Mike MikurakBoard Member
Ray HensleyBoard Member
Sandra HopkinsBoard Member
Steven MeierBoard Member
Susan JohnsonBoard Member
Susan WeberBoard Member
Trevor PettifordBoard Member
Victor LucasBoard Member
Amy DarbySecretary
Jack GellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$74,871,341
Program Service Revenue
$0
Investment Income
$500
Other Revenue
$0
All Other Contributions
$2,800,244
Change in Net Assets
$9,678

Audited Revenue Reconciliation

Revenue per Audited Statements
$74,871,841
Revenue Not Reported on Form 990
$5,000
Total Revenue per Audited Statements
$74,876,841
Total Revenue per Form 990
$74,871,841
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,230,214
Salaries, Compensation, and Employee Benefits$7,124,731
Grants and Similar Amounts Paid$507,218
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,258,013$988,948-$5,246,961
Fees for Services Management$710,432$175,471-$885,903
Other Employee Benefits$523,886$129,127-$653,013
Grants to Domestic Individuals$507,218--$507,218
Occupancy$293,711$173,456-$467,167
Pension Plan Contributions$345,139$107,277-$452,416
Payroll Taxes$337,942$101,515-$439,457
Current Officers, Directors, Trustees, and Key Employees-$332,884-$332,884
Office Expenses$170,331$27,278-$197,609
Information Technology-$70,684-$70,684
Travel$44,105$11,056-$55,161
Insurance-$52,994-$52,994
Fees for Services Accounting-$49,550-$49,550
Fees for Services Legal-$16,302-$16,302
Depreciation Depletion$9,069--$9,069
Other Expenses$1,883$13,150-$1,883
Total Functional Expenses$72,595,729$2,266,434$0$74,862,163

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$74,867,163
Expenses per Audited Statements$74,862,163
Total Expenses per Form 990$74,862,163
Expenses Not Reported on Form 990$5,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,273,611
Current Portion of Lease Liability$375,311
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 4

The coalition amended the bylaws as of may 2, 2024 to separate the audit and finance committee.

Form 990, Page 6, Part VI, Line 7A

The board of directors includes a class of appointed directors by the governor of the state of florida.

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepared by the auditing firm. The draft is reviewed and approved by the chief financial officer of the coalition. The draft return is presented to the audit committee for review and approval and to the board of directors. Form 990 is signed by the board chair and then is filed with irs.

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

The coalition has a conflict of interest policy. At least annually, all members of the board and the employees are required to sign a conflict of interest statement that is collected and maintained as part of the coalition's records.

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

The salary of the ceo is determined by the executive committee of the board of directors. The committee reviews the ceo's performance annually and adjusts the salary based on the performance review and responsibilities. A salary study of comparable positions is completed and submitted by the ceo prior to the review to provide the executive committee with the information necessary to determine potential adjustments to the ceo's salary.

Form 990, Page 6, Part VI, Line 19

The coalition's governing documents, the conflict of interest policy, and the financial statements are available to the public upon request.

Form 990, Part VIII

The filing organization monitors the use of the grant funds in accordance with terms and conditions of each grant award and grant agreement. Under such an agreement, the grantees are responsible for attesting to each eligibility factor and providing documentation of activities funded by grant funding.

Filing and Contact Details

Filer

Filer Name
Early Learning Coalition of
EIN
59-3726679
Phone
7275481439
Address
2536 COUNTRYSIDE BLVD STE 500, CLEARWATER, FL 33763

Signing Officer

Name
Elizabeth Loh
Title
Board Chair
Phone
7275481439
Signed
2025-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Loh
Formed
2001
Legal Domicile
Fl
Voting Board Members
27
Independent Board Members
27
Employees
109
Volunteers
27

Preparer

Firm
Mka Advisory 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 4D

The arp act early learning discretionary grant program funded by the american rescue plan (arp) act provides funding to assist the early learning childcare providers with increasing the supply of child care, training & professional learning activities, community outreach and family engagement, equipment, and supplies, classroom materials, curriculum, and technology grants.

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 has been included 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. The coalition remains subject to examination by the internal revenue service for the years ended june 30, 2024.

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IRS990/OtherExpensesGrp/Desc1COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE EARLY LEARNING COALITION OF PINELLAS COUNTY ADMINISTERS THE VOLUNTARY PREKINDERGARTEN (VPK) PROGRAM. THE VPK PROGRAM IS A FREE EDUCATIONAL PROGRAM THAT PREPARES 4-YEAR-OLDS FOR SUCCESS IN KINDERGARTEN AND BEYOND. TO BE ELIGIBLE FOR VPK, CHILDREN MUST LIVE IN FLORIDA AND BE 4 YEARS OLD ON OR BEFORE SEPTEMBER 1 OF THE CURRENT SCHOOL YEAR. THE VPK PROGRAM IS FUNDED BY THE STATE OF FLORIDA. FOR FY24, APPROXIMATELY 4,639 CHILDREN WERE SERVED BY THE VPK PROGRAM PER MONTH.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE SCHOOL READINESS (SR) MATCH PROGRAM PROVIDES FUNDS 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. FUNDING IS SUBJECT TO AVAILABILITY. TO BE ELIGIBLE FOR SR MATCH FUNDING, THE COALITION MUST SECURE A DOLLAR-FOR-DOLLAR MATCH FROM LOCAL SOURCES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ARP ACT EARLY LEARNING DISCRETIONARY GRANT PROGRAM FUNDED BY THE AMERICAN RESCUE PLAN (ARP) ACT PROVIDES FUNDING TO ASSIST THE EARLY LEARNING CHILDCARE PROVIDERS WITH INCREASING THE SUPPLY OF CHILD CARE, TRAINING & PROFESSIONAL LEARNING ACTIVITIES, COMMUNITY OUTREACH AND FAMILY ENGAGEMENT, EQUIPMENT, AND SUPPLIES, CLASSROOM MATERIALS, CURRICULUM, AND TECHNOLOGY GRANTS.
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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