Civic Intelligence

Early Learning Coalition of Miami Dade Monroe Inc

990 • Fiscal year 2017 • EIN 65-1122406

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 02, 2018

2555 Ponce DE Leon Blvd 5th FloorCoral Gables, FL 33134

(305) 646-7220

Siviq Scores

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

Liabilities / Assets

89th percentile

0.95x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.11x

Higher debt load relative to revenue than 15% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Net Margin

32nd percentile

0.0%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

15th percentile

$222,664

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Asset Growth

92nd percentile

29%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

1.3%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Assets

Up

$22,045,960

Up $4,913,927 (+29%) from 2016

Net Assets

Up

$1,063,462

Up $4,608 (+0.4%) from 2016

Liabilities

Up

$20,982,498

Up $4,909,319 (+31%) from 2016

Revenue

Up

$189,081,223

Up $2,392,281 (+1.3%) from 2016

Expenses

Up

$189,076,615

Up $2,169,732 (+1.2%) from 2016

Net Income

Up

$4,608

Up $222,549 (+102%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $29,639,510Liabilities 2011: $29,060,627Net Assets 2011: $578,8832011Assets 2012: $22,417,203Liabilities 2012: $21,874,453Net Assets 2012: $542,7502012Assets 2013: $23,372,167Liabilities 2013: $22,808,058Net Assets 2013: $564,1092013Assets 2014: $16,352,949Liabilities 2014: $15,562,161Net Assets 2014: $790,7882014Assets 2015: $17,155,559Liabilities 2015: $15,878,764Net Assets 2015: $1,276,7952015Assets 2016: $17,132,033Liabilities 2016: $16,073,179Net Assets 2016: $1,058,8542016Assets 2017: $22,045,960Liabilities 2017: $20,982,498Net Assets 2017: $1,063,4622017Assets 2018: $16,179,052Liabilities 2018: $15,095,108Net Assets 2018: $1,083,9442018Assets 2019: $46,186,452Liabilities 2019: $45,069,811Net Assets 2019: $1,116,6412019Assets 2020: $52,060,706Liabilities 2020: $50,108,253Net Assets 2020: $1,952,4532020Assets 2021: $42,402,073Liabilities 2021: $40,323,478Net Assets 2021: $2,078,5952021Assets 2022: $23,412,919Liabilities 2022: $21,367,546Net Assets 2022: $2,045,3732022Assets 2023: $33,434,221Liabilities 2023: $31,224,054Net Assets 2023: $2,210,1672023Assets 2024: $36,298,967Liabilities 2024: $34,261,111Net Assets 2024: $2,037,8562024Assets 2025: $37,913,505Liabilities 2025: $35,220,877Net Assets 2025: $2,692,6282025

Highlighted filing

2017

Assets$22,045,960
Liabilities$20,982,498
Net Assets$1,063,462

Operations Trend

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

$600M$400M$200M$0-$200MRevenue 2011: $184,803,220Expenses 2011: $185,510,562Net Income 2011: -$707,3422011Expenses 2012: $173,251,9802012Revenue 2013: $173,988,318Expenses 2013: $173,966,959Net Income 2013: $21,3592013Revenue 2014: $174,489,139Expenses 2014: $174,262,460Net Income 2014: $226,6792014Revenue 2015: $165,960,188Expenses 2015: $165,474,181Net Income 2015: $486,0072015Revenue 2016: $186,688,942Expenses 2016: $186,906,883Net Income 2016: -$217,9412016Revenue 2017: $189,081,223Expenses 2017: $189,076,615Net Income 2017: $4,6082017Revenue 2018: $194,923,328Expenses 2018: $194,902,846Net Income 2018: $20,4822018Revenue 2019: $197,770,830Expenses 2019: $197,738,134Net Income 2019: $32,6962019Revenue 2020: $206,335,393Expenses 2020: $205,499,581Net Income 2020: $835,8122020Revenue 2021: $244,410,985Expenses 2021: $244,284,843Net Income 2021: $126,1422021Revenue 2022: $239,483,690Expenses 2022: $239,516,912Net Income 2022: -$33,2222022Revenue 2023: $460,017,324Expenses 2023: $459,852,530Net Income 2023: $164,7942023Revenue 2024: $293,629,794Expenses 2024: $293,802,105Net Income 2024: -$172,3112024Revenue 2025: $250,392,151Expenses 2025: $249,737,379Net Income 2025: $654,7722025

Highlighted filing

2017

Revenue$189,081,223
Expenses$189,076,615
Net Income$4,608
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 2, 2018
Return Version
2016v3.1
Gross Receipts
$189,081,223
Mission and Program Overview

Mission

To promote school readiness programs in miami-dade & monroe counties thereby increasing eligible children's chances of achieving future educational success and becoming productive members of society. The coalition seeks to further the physical, social, emotional and intellectual needs of miami-dade and monroe county. Children with a priority toward the ages before birth through age 5.

To promote school readiness programs in miami-dade & monroe counties thereby increasing eligible children's chances of achieving future educational success and becoming productive members of society. The coalition seeks to further the physical, social, emotional and intellectual needs of miami-dade and monroe county. Childre with a priority toward the ages before birth through age 5.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,366,833$10,765,873▲ $9,399,040
Pledges and Grants Receivable$15,137,627$10,487,182▼ $4,650,445
Prepaid Expenses and Deferred Charges$304,453$405,636▲ $101,183
Land, Buildings, and Equipment, Net$297,451$343,478▲ $46,027
Cash and Non-Interest-Bearing Accounts$2,000$2,000→ $0
Total Assets$17,132,033$22,045,960▲ $4,913,927
Other Assets Total$23,669$41,791▲ $18,122
Liabilities
Accounts Payable and Accrued Expenses$15,036,897$19,809,069▲ $4,772,172
Other Liabilities$989,271$1,137,409▲ $148,138
Deferred Revenue$47,011$36,020▼ $10,991
Total Liabilities$16,073,179$20,982,498▲ $4,909,319
Net Assets / Fund Balance
Unrestricted Net Assets$1,058,854$1,063,462▲ $4,608
Total Net Assets Fund Balance$1,058,854$1,063,462▲ $4,608
Total Liabilities and Net Assets / Fund Balance$17,132,033$22,045,960▲ $4,913,927

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$343,478$1,238,476$1,581,954
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Evelio C TorresPresident CeFT$198,682$23,982$222,664
Evelio C TorresPresident CEO-$198,682$23,982$222,664
Angelo ParrinoExecutiveFT$139,859$10,467$150,326
Fred HicksIt DirectorFT$124,606$6,438$131,044
Mercy CastiglioneExecutiveFT$119,143$6,347$125,490
Jackye RussellSr VP Sr andFT$98,754$6,078$104,832

Board Members and Trustees

NameTitle
Adrian AlfonsoChair
Dr Mara ZapataPresident of
Alan Eckstein EsqBoard Member
Alexander SotoBoard Member
Dr Judy SchaechterBoard Member
Gladys MontesBoard Member
James HajBoard Member
Loreen ChantBoard Member
Marisol DiazBoard Member
Matthews BrunoBoard Member
Mayor Heather CarruthersBoard Member
Gilda FerradazDirector of
Charles AuslanderChildrens Se
Robert EadieCounty Healt
Theresa AxfordDistrict Sup
Russell BenfordOptional Mem
David Lawrence JrPrivate Sect
Dr Tina Caroll-scottPrivate Sect
Gerald K Schwartz EsqPrivate Sect
Philip GassmanPrivate Sect
Roderick BeasleyRegional Wor
Abilio Rodriguez PhdRepresentati
Shaleen FagundoRepresentati
Revenue and Support

Revenue Composition

Contributions and Grants
$189,040,973
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$40,250
All Other Contributions
$5,161,899
Change in Net Assets
$4,608

Audited Revenue Reconciliation

Revenue per Audited Statements
$189,081,223
Revenue Not Reported on Form 990
$92,863
Total Revenue per Audited Statements
$189,174,086
Total Revenue per Form 990
$189,081,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$172,466,179
Salaries, Compensation, and Employee Benefits$16,610,436
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,553,475$1,369,947-$11,923,422
Other Expenses$4,452,023$21,467-$4,473,490
Other Employee Benefits$2,153,991$447,133-$2,601,124
Office Expenses$1,678,800$112,542-$1,791,342
Occupancy$1,624,961$131,683-$1,756,644
All Other Expenses$1,565,127$139,357-$1,704,484
Fees for Services Other$787,409$678,005-$1,465,414
Payroll Taxes$819,949$170,208-$990,157
Current Officers, Directors, Trustees, and Key Employees-$820,782-$820,782
Travel$395,255$105,270-$500,525
Pension Plan Contributions$227,095$47,856-$274,951
Depreciation Depletion$23,462$170,991-$194,453
Insurance$96,843$6,890-$103,733
Conferences and Meetings$47,706$28,068-$75,774
Total Functional Expenses$184,771,965$4,304,650$0$189,076,615

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$189,169,478
Expenses per Audited Statements$189,076,615
Total Expenses per Form 990$189,076,615
Expenses Not Reported on Form 990$92,863
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
Accrued Vacation$547,843
Restitutions Due to Awi$275,917
Accrued Compensation$219,548
Accrued Payroll Taxes$61,938
401k Payable$19,289
A/p Accural$11,841
Accrued Interest Payable$1,033
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 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
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 11B

The organization provides a copy of the 990 to all members of the governing body prior to its filing.

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

A conflict of interest policy and disclosure statement is furnished annually to each key individual, as defined by the by-laws of the organization. The disclosure statement must be signed and returned to the organization.

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

The board of directors are responsible for oversight of the executive director's compensation.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Early Learning Coalition of Miami
EIN
65-1122406
Phone
3056467220
Address
2555 PONCE DE LEON BLVD 5TH FLOOR, CORAL GABLES, FL 33134

Signing Officer

Name
Evelio C Torres
Title
President CEO
Phone
3056467220
Signed
2018-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Evelio C Torres
Formed
2005
Legal Domicile
Fl
Voting Board Members
23
Independent Board Members
23
Employees
397

Preparer

Firm
Verdeja De Armas & Trujillo Llp
Address
255 ALHAMBRA CIR STE 560, CORAL GABLES, FL 33134-7417
Preparer
Octavio a Verdeja
Phone
3054463177
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote school readiness programs in miami-dade & monroe counties thereby increasing eligible children's chances of achieving future educational success and becoming productive members of society. The coalition seeks to further the physical, social, emotional and intellectual needs of miami-dade and monroe county. Childre with a priority toward the ages before birth through age 5.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 6/30/17, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2014.

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IRS990/Form990PartVIISectionAGrp/PersonNm22CHARLES AUSLANDER
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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRIVATE SECT
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRIVATE SECT
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRIVATE SECT
IRS990/Form990PartVIISectionAGrp/TitleTxt11REPRESENTATI
IRS990/Form990PartVIISectionAGrp/TitleTxt12REPRESENTATI
IRS990/Form990PartVIISectionAGrp/TitleTxt13OPTIONAL MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT OF
IRS990/Form990PartVIISectionAGrp/TitleTxt16COUNTY HEALT
IRS990/Form990PartVIISectionAGrp/TitleTxt17REGIONAL WOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DISTRICT SUP
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRIVATE SECT
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHILDRENS SE
IRS990/Form990PartVIISectionAGrp/TitleTxt23PRESIDENT CE
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt25IT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt27SR VP SR AND
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IRS990/InsuranceGrp/ProgramServicesAmt096843
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE SCHOOL READINESS PROGRAMS IN MIAMI-DADE & MONROE COUNTIES THEREBY INCREASING ELIGIBLE CHILDREN'S CHANCES OF ACHIEVING FUTURE EDUCATIONAL SUCCESS AND BECOMING PRODUCTIVE MEMBERS OF SOCIETY. THE COALITION SEEKS TO FURTHER THE PHYSICAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS OF MIAMI-DADE AND MONROE COUNTY. CHILDRE WITH A PRIORITY TOWARD THE AGES BEFORE BIRTH THROUGH AGE 5.
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IRS990/OtherExpensesGrp/Desc1ENHANCEMENT PROJECTS
IRS990/OtherExpensesGrp/Desc2EDUCATION MATERIALS
IRS990/OtherExpensesGrp/Desc3SUBRECIPIENT CONTRACTS
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IRS990/PrincipalOfficerNm0EVELIO C TORRES
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IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROMOTE ECONOMIC SELF SUFFICIENCY OF REFUGEE/ENTRANT FAMILIES BY PROVIDING QUALITY AND AFFORDABLE CHILD CARE SERVICES FOR THEIR CHILDREN WHILE PARENTS PARTICIPATE IN ADULT/VOCATIONAL EDUCATION PROGRAMS AND EMPLOYMENT SERVICES. SERVICES PROVIDED TO AN AVERAGE OF 280 CHILDREN.
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IRS990/ProgSrvcAccomActy3Grp/Desc0QUALITY ENHANCEMENT PROJECTS TO CHILD CARE PROVIDERS AND TEACHERS OF CHILDREN MENTIONED IN (A) AND (B) ABOVE IN ORDER TO RAISE QUALITY STANDARDS AND ENHANCE THE LEARNING ENVIRONMENT FOR LOW INCOME AND AT-RISK CHILDREN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03692129
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0186666267
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0170802597
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IRS990/PYRevenuesLessExpensesAmt0-217941
IRS990/PYSalariesCompEmpBnftPaidAmt016104286
IRS990/PYTotalExpensesAmt0186906883
IRS990/PYTotalRevenueAmt0186688942
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt04608
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990/ReportProgramRelatedInvstInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$37.9$35.2$2.69$250$250$0.65
2024Detailed filing. Detailed filing data is available for this year.$36.3$34.3$2.04$294$294$0.17
2023Detailed filing. Detailed filing data is available for this year.$33.4$31.2$2.21$460$460$0.16
2022Detailed filing. Detailed filing data is available for this year.$23.4$21.4$2.05$239$240$0.03
2021Detailed filing. Detailed filing data is available for this year.$42.4$40.3$2.08$244$244$0.13
2020Detailed filing. Detailed filing data is available for this year.$52.1$50.1$1.95$206$205$0.84
2019Detailed filing. Detailed filing data is available for this year.$46.2$45.1$1.12$198$198$0.03
2018Detailed filing. Detailed filing data is available for this year.$16.2$15.1$1.08$195$195$0.02
2017Detailed filing. Detailed filing data is available for this year.$22.0$21.0$1.06$189$189$0.00
2016Detailed filing. Detailed filing data is available for this year.$17.1$16.1$1.06$187$187$0.22
2015Detailed filing. Detailed filing data is available for this year.$17.2$15.9$1.28$166$165$0.49
2014Detailed filing. Detailed filing data is available for this year.$16.4$15.6$0.79$174$174$0.23
2013Summary only. Only limited summary data is available for this year.$23.4$22.8$0.56$174$174$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$21.9$0.54$173
2011Summary only. Only limited summary data is available for this year.$29.6$29.1$0.58$185$186$0.71