Civic Intelligence

The Early Learning Coalition of Southwest Florida Inc.

990 • Fiscal year 2022 • EIN 65-1144775

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

2675 Winkler Ave Rm/Ste 300Fort Myers, FL 33901

(239) 935-6100

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.97x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

21st percentile

0.11x

Higher debt load relative to revenue than 21% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

29th percentile

-0.1%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

12th percentile

$142,596

Higher top officer pay than 12% of similar nonprofits.

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

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

17th percentile

-12%

Faster asset growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

29%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$7,578,436

Flat from 2022

Net Assets

Flat

$259,416

Flat from 2022

Liabilities

Flat

$7,319,020

Flat from 2022

Revenue

Flat

$68,403,647

Flat from 2022

Expenses

Flat

$68,469,393

Flat from 2022

Net Income

Flat

-$65,746

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $3,953,610Liabilities 2011: $3,756,604Net Assets 2011: $197,0062011Assets 2012: $5,590,321Liabilities 2012: $5,339,037Net Assets 2012: $251,2842012Assets 2013: $3,301,423Liabilities 2013: $3,065,975Net Assets 2013: $235,4482013Assets 2014: $2,921,952Liabilities 2014: $2,691,111Net Assets 2014: $230,8412014Assets 2015: $3,105,943Liabilities 2015: $2,889,551Net Assets 2015: $216,3922015Assets 2016: $2,751,541Liabilities 2016: $2,551,622Net Assets 2016: $199,9192016Assets 2017: $3,371,495Liabilities 2017: $3,165,437Net Assets 2017: $206,0582017Assets 2018: $3,289,221Liabilities 2018: $3,095,206Net Assets 2018: $194,0152018Assets 2019: $5,165,038Liabilities 2019: $4,988,021Net Assets 2019: $177,0172019Assets 2020: $6,117,868Liabilities 2020: $5,808,234Net Assets 2020: $309,6342020Assets 2021: $8,572,364Liabilities 2021: $8,691,271Net Assets 2021: -$118,9072021Assets 2022: $7,578,436Liabilities 2022: $7,319,020Net Assets 2022: $259,4162022Assets 2022: $7,578,436Liabilities 2022: $7,319,020Net Assets 2022: $259,4162022Assets 2023: $6,983,374Liabilities 2023: $6,681,258Net Assets 2023: $302,1162023

Highlighted filing

2022

Assets$7,578,436
Liabilities$7,319,020
Net Assets$259,416

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2011: $43,765,524Expenses 2011: $43,764,302Net Income 2011: $1,2222011Revenue 2012: $41,789,972Expenses 2012: $41,796,742Net Income 2012: -$6,7702012Revenue 2013: $42,525,116Expenses 2013: $42,540,952Net Income 2013: -$15,8362013Revenue 2014: $41,702,362Expenses 2014: $41,706,969Net Income 2014: -$4,6072014Revenue 2015: $42,675,630Expenses 2015: $42,690,079Net Income 2015: -$14,4492015Revenue 2016: $40,499,085Expenses 2016: $40,515,558Net Income 2016: -$16,4732016Revenue 2017: $42,568,000Expenses 2017: $42,561,861Net Income 2017: $6,1392017Revenue 2018: $42,736,759Expenses 2018: $42,748,802Net Income 2018: -$12,0432018Revenue 2019: $46,817,763Expenses 2019: $46,835,098Net Income 2019: -$17,3352019Revenue 2020: $49,406,696Expenses 2020: $49,274,079Net Income 2020: $132,6172020Revenue 2021: $53,136,392Expenses 2021: $53,564,933Net Income 2021: -$428,5412021Revenue 2022: $68,403,647Expenses 2022: $68,469,393Net Income 2022: -$65,7462022Revenue 2022: $68,403,647Expenses 2022: $68,469,393Net Income 2022: -$65,7462022Revenue 2023: $106,462,271Expenses 2023: $106,419,571Net Income 2023: $42,7002023

Highlighted filing

2022

Revenue$68,403,647
Expenses$68,469,393
Net Income-$65,746
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.0
Gross Receipts
$68,403,647
Mission and Program Overview

Mission

The organization's primary exempt purpose is to enhance the quality of children's lives by providing families, early childhood educators, care- givers and community partners in collier, glades, hendry and lee counties, with opportunities to positively impact the future. The early learning programs have high quality standards, comprehensive services, seamless delivery systems with diverse settings, and well-educated, competent staff. The delivery systems for school readiness programs are comprised of child care providers and of school-based sites operated by public and nonpublic schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,488,043$4,390,131▲ $902,088
Pledges and Grants Receivable$5,238,281$3,016,674▼ $2,221,607
Prepaid Expenses and Deferred Charges$126,921$132,890▲ $5,969
Land, Buildings, and Equipment, Net$32,778$38,741▲ $5,963
Total Assets$8,886,023$7,578,436▼ $1,307,587
Liabilities
Accounts Payable and Accrued Expenses$7,731,466$6,540,064▼ $1,191,402
Deferred Revenue$618,783$569,255▼ $49,528
Other Liabilities$210,612$209,701▼ $911
Total Liabilities$8,560,861$7,319,020▼ $1,241,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$325,162$259,416▼ $65,746
Total Net Assets Fund Balance$325,162$259,416▼ $65,746
Total Liabilities and Net Assets / Fund Balance$8,886,023$7,578,436▼ $1,307,587

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,741$105,037$143,778
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan BlockCEOFT$142,596$142,596
Leona AdkinsCQOFT$89,813$89,813

Highest Paid Contractors

ContractorServicesLocationCompensation
Child Care Of Southwest Florida INCDaycare6831 PALISADES PARK CT SUITE 6, Fort Myers, FL 33912$1,355,825
Open Doors PreschoolDaycare5280 LEE BLVD, Lehigh Acres, FL 33971$1,282,511
Kid's World Preschool INCDaycare1126 NE 16TH TER, Cape Coral, FL 33909$1,113,496
Wellington Academy LLCDaycare5244 RAMSEY WAY, Fort Myers, FL 33907$895,318
Odyssey Childcare CenterDaycare4246 EVANS AVE, Fort Myers, FL 33901$513,459
Revenue and Support

Revenue Composition

Contributions and Grants
$68,314,719
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$88,928
Change in Net Assets
$-65,746

Audited Revenue Reconciliation

Revenue per Audited Statements
$68,403,647
Revenue Not Reported on Form 990
$2,500
Total Revenue per Audited Statements
$68,406,147
Total Revenue per Form 990
$68,403,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,322,597
Salaries, Compensation, and Employee Benefits$3,661,341
Other Expenses$2,485,455
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,322,597--$62,322,597
Other Salaries and Wages$2,215,290$485,887-$2,701,177
Other Employee Benefits$416,059$91,256-$507,315
All Other Expenses$223,071$52,917-$275,988
Current Officers, Directors, Trustees, and Key Employees$190,604$41,806-$232,410
Payroll Taxes$180,786$39,653-$220,439
Other Expenses$106,681$40,834-$147,515
Office Expenses$52,155$23,131-$75,286
Occupancy$35,533$15,086-$50,619
Travel$17,407$13,335-$30,742
Advertising$26,825$334-$27,159
Depreciation Depletion$4,094$3,350-$7,444
Total Functional Expenses$67,368,115$1,101,278$0$68,469,393

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$68,471,893
Expenses per Audited Statements$68,469,393
Total Expenses per Form 990$68,469,393
Expenses Not Reported on Form 990$2,500
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Childcare Payments--Vpk & Sr$62,322,597
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 Payroll$209,701
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
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

Form 990 is sent to members of the finance and executive committees for review prior to filing.

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

If a conflict arises, board member shall disclose orally the nature of the conflict and abstain from discussion and voting on the matter and complete a conflict of interest form.

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

Ceo position is based on comparable ceo/executive director position of other early learning coalitions and not-for-profit organizations in the service area with similar duties and similar size and budgets. Assigned hr staff will contact the organizations for comparability data and/or use the internet to query for information. In addition, hr staff will go to guidestar.com to review form 990 submitted by other early learning coalitions and not-for-profit organizations to review comparable position compensation. Hr staff may proceed with a compensation survey or study and/or request for an independent consultant for assistance. Hr staff recommends compensation to the executive committee.

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

Director/manager positions are based on comparable positions of other early learning coalitions and not-for-profit organizations in the service area with similar duties. Assigned hr staff will contact the organizations for comparability data and/or use the internet to query for information. In addition, hr staff will of to guidestar.com to review form 990 submitted by the early learning coalitions to review comparable position compensation. Hr staff recommends compensation to the ceo.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statments are on the organization's website. These documents are also available upon request.

Filing and Contact Details

Filer

Filer Name
The Early Learning Coalition of
EIN
65-1144775
Phone
2399356100
Address
2675 WINKLER AVE RM/STE 300, FORT MYERS, FL 33901

Signing Officer

Name
Dr Kelly Roy
Title
Interim Board Chair
Phone
2392674105
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Block
Formed
2000
Legal Domicile
Fl
Voting Board Members
17
Independent Board Members
17
Employees
62
Volunteers
500

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 - ORGANIZATION'S MISSION

The organization's primary exempt purpose is to enhance the quality of children's lives by providing families, early childhood educators, care- givers and community partners in collier, glades, hendry and lee counties, with opportunities to positively impact the future. The early learning programs have high quality standards, comprehensive services, seamless delivery systems with diverse settings, and well-educated, competent staff. The delivery systems for school readiness programs are comprised of child care providers and of school-based sites operated by public and nonpublic schools.

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

Voluntary pre-kindergarten (vpk)- a legislatively mandated, statewide program designed to prepare every four-year-old and younger five-year-olds in florida for kindergarten and build the foundation for their educational success. The vpk program gives each child an opportunity for preparation to perform better in school and throughout life through participation in vpk. Providers contract to assure high literacy standards, accountability, appropriate curriculum, substantial instruction periods, manageable class sizes, and qualified instructors. The early learning coalition of southwest florida supports the vpk program in collier, glades, hendry and lee counties by contracting for voluntary pre-kindergarten services and supporting the development of high quality vpk providers. The program is available for four and five-year-old children in 262 sites serving 7,726 children in our 4-county region.

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IRS990/MissionDesc0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ENHANCE THE QUALITY OF CHILDREN'S LIVES BY PROVIDING FAMILIES, EARLY CHILDHOOD EDUCATORS, CARE- GIVERS AND COMMUNITY PARTNERS IN COLLIER, GLADES, HENDRY AND LEE COUNTIES, WITH OPPORTUNITIES TO POSITIVELY IMPACT THE FUTURE. THE EARLY LEARNING PROGRAMS HAVE HIGH QUALITY STANDARDS, COMPREHENSIVE SERVICES, SEAMLESS DELIVERY SYSTEMS WITH DIVERSE SETTINGS, AND WELL-EDUCATED, COMPETENT STAFF. THE DELIVERY SYSTEMS FOR SCHOOL READINESS PROGRAMS ARE COMPRISED OF CHILD CARE PROVIDERS AND OF SCHOOL-BASED SITES OPERATED BY PUBLIC AND NONPUBLIC SCHOOLS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0VOLUNTARY PRE-KINDERGARTEN (VPK)- A LEGISLATIVELY MANDATED, STATEWIDE PROGRAM DESIGNED TO PREPARE EVERY FOUR-YEAR-OLD AND YOUNGER FIVE-YEAR-OLDS IN FLORIDA FOR KINDERGARTEN AND BUILD THE FOUNDATION FOR THEIR EDUCATIONAL SUCCESS. THE VPK PROGRAM GIVES EACH CHILD AN OPPORTUNITY FOR PREPARATION TO PERFORM BETTER IN SCHOOL AND THROUGHOUT LIFE THROUGH PARTICIPATION IN VPK. PROVIDERS CONTRACT TO ASSURE HIGH LITERACY STANDARDS, ACCOUNTABILITY, APPROPRIATE CURRICULUM, SUBSTANTIAL INSTRUCTION PERIODS, MANAGEABLE CLASS SIZES, AND QUALIFIED INSTRUCTORS. THE EARLY LEARNING COALITION OF SOUTHWEST FLORIDA SUPPORTS THE VPK PROGRAM IN COLLIER, GLADES, HENDRY AND LEE COUNTIES BY CONTRACTING FOR VOLUNTARY PRE-KINDERGARTEN SERVICES AND SUPPORTING THE DEVELOPMENT OF HIGH QUALITY VPK PROVIDERS. THE PROGRAM IS AVAILABLE FOR FOUR AND FIVE-YEAR-OLD CHILDREN IN 262 SITES SERVING 7,726 CHILDREN IN OUR 4-COUNTY REGION.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt031036924
IRS990/ProgSrvcAccomActy3Grp/Desc0OUTREACH & AWARENESS: THE EARLY LEARNING COALITION OF SOUTHWEST FLORIDA SUPPORTS THE VPK PROGRAM IN COLLIER, GLADES, HENDRY AND LEE COUNTIES BY: MONITORING CONTRACTED VPK CHILD CARE PROVIDERS FOR COMPLIANCE WITH THE STATEWIDE VPK CONTRACT AND VPK PROVIDERS UNDER THE REDLAND CHRISTIAN MIGRANT ASSOCIATION INCLUDING, BUT NOT EXCLUSIVE TO, ASSESSMENT CREDENTIALLING, CLASS RATIO AS WELL AS GENERAL HEALTH AND SAFETY REQUIREMENTS. OUTREACH ACTIVITIES AND ADVERTISING TO RAISE PUBLIC AWARENESS OF THE AVAILABILITY OF THE VOLUNTARY PRE-KINDERGARTEN SERVING TO PROMOTE ENROLLMENT OF CHILDREN IN THE VPK PROGRAM.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.98$6.68$0.30$106$106$0.04
2022Detailed filing. Detailed filing data is available for this year.$7.58$7.32$0.26$68.4$68.5$0.07
2022Summary only. Only limited summary data is available for this year.$7.58$7.32$0.26$68.4$68.5$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.57$8.69$0.12$53.1$53.6$0.43
2020Summary only. Only limited summary data is available for this year.$6.12$5.81$0.31$49.4$49.3$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.17$4.99$0.18$46.8$46.8$0.02
2018Summary only. Only limited summary data is available for this year.$3.29$3.10$0.19$42.7$42.7$0.01
2017Summary only. Only limited summary data is available for this year.$3.37$3.17$0.21$42.6$42.6$0.01
2016Summary only. Only limited summary data is available for this year.$2.75$2.55$0.20$40.5$40.5$0.02
2015Summary only. Only limited summary data is available for this year.$3.11$2.89$0.22$42.7$42.7$0.01
2014Summary only. Only limited summary data is available for this year.$2.92$2.69$0.23$41.7$41.7$0.00
2013Summary only. Only limited summary data is available for this year.$3.30$3.07$0.24$42.5$42.5$0.02
2012Summary only. Only limited summary data is available for this year.$5.59$5.34$0.25$41.8$41.8$0.01
2011Summary only. Only limited summary data is available for this year.$3.95$3.76$0.20$43.8$43.8$0.00