Civic Intelligence

Evergrow Learning Center Inc

EIN 82-5220699 • 501(c)3 • Ashland, WI

Profile

Provide ashland and the surrounding communities with high quality child care services and early childhood education in an envrionment that is safe and developmentally age-appropriate.

417 9th Ave WAshland, WI 54806

evergrowlearningcenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.81x

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

0.90x

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

13th percentile

-25%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-13%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$612,391

Down $93,474 (-13%) from 2020

Liabilities

Up

$497,799

Up $45,159 (+10.0%) from 2020

Net Assets

Down

$114,592

Down $138,633 (-55%) from 2020

Revenue

Down

$555,556

Down $73,672 (-12%) from 2020

Expenses

Up

$694,189

Up $61,473 (+9.7%) from 2020

Net Income

Down

-$138,633

Down $135,145 (-3875%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2019: $680,626Liabilities 2019: $423,913Net Assets 2019: $256,7132019Assets 2020: $705,865Liabilities 2020: $452,640Net Assets 2020: $253,2252020Assets 2021: $612,391Liabilities 2021: $497,799Net Assets 2021: $114,5922021

Highlighted filing

2021

Assets$612,391
Liabilities$497,799
Net Assets$114,592

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2019: $378,350Expenses 2019: $121,637Net Income 2019: $256,7132019Revenue 2020: $629,228Expenses 2020: $632,716Net Income 2020: -$3,4882020Revenue 2021: $555,556Expenses 2021: $694,189Net Income 2021: -$138,6332021

Highlighted filing

2021

Revenue$555,556
Expenses$694,189
Net Income-$138,633

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$555,556
Mission and Program Overview

Mission

Provide ashland and the surrounding communities with high quality child care services and early childhood education in an envrionment that is safe and developmentally age-appropriate.

Provide ashland and surrounding communities with high quality child care services and early childhood education in an environment that is safe and developmentally age-appropriate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$610,810$552,364▼ $58,446
Cash and Non-Interest-Bearing Accounts$84,673$40,228▼ $44,445
Accounts Receivable$10,382$19,799▲ $9,417
Total Assets$705,865$612,391▼ $93,474
Liabilities
Mortgage Notes Payable Secured by Investment Property$280,887$255,447▼ $25,440
Accounts Payable and Accrued Expenses$53,470$119,113▲ $65,643
Unsecured Notes Loans Payable$100,000$100,000→ $0
Deferred Revenue$18,283$23,239▲ $4,956
Total Liabilities$452,640$497,799▲ $45,159
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$253,225$114,592▼ $138,633
Total Net Assets Fund Balance$253,225$114,592▼ $138,633
Total Liabilities and Net Assets / Fund Balance$705,865$612,391▼ $93,474

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$489,400$82,626$572,026
Equipment$62,964$38,589$101,553
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carver HarriesChair
Mari Kay-naboznyVice Chair
Lauren Wolfe-micekBoard Member
Mary HudsonBoard Member
Jenny MillerSecretary
Andrew DonahueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,819
Program Service Revenue
$406,737
Investment Income
$0
Other Revenue
$0
All Other Contributions
$23,522
Change in Net Assets
$-138,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$429,700
Other Expenses$264,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$328,247$64,595-$392,842
Occupancy$81,804--$81,804
Depreciation Depletion$58,447--$58,447
Payroll Taxes$30,961$5,897-$36,858
Interest$13,433--$13,433
Other Expenses$8,960$19,227-$8,960
All Other Expenses$6,559$1,205-$7,764
Insurance$7,097--$7,097
Conferences and Meetings$3,829--$3,829
Office Expenses-$2,277-$2,277
Advertising$361--$361
Total Functional Expenses$600,988$93,201$0$694,189
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 reviewed and approved by officers of the organization.

Form 990, Page 6, Part VI, Line 19

Applicable documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Evergrow Learning Center Inc
EIN
82-5220699
Phone
7156851920
Address
417 9TH AVE W, ASHLAND, WI 54806

Signing Officer

Name
Carver Harries
Title
Chair
Phone
7156851920
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carver Harries
Formed
2018
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
35

Preparer

Firm
Maitland Singler & Van Vlack Sc
Address
306 W 3RD STREET, ASHLAND, WI 54806
Preparer
Richard a Setzke
Phone
7156825544
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARVER HARRIES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07156851920
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EVERGROW LEARNING CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0EVER
ReturnHeader/Filer/EIN0825220699
ReturnHeader/Filer/PhoneNum07156851920
ReturnHeader/Filer/USAddress/AddressLine1Txt0417 9TH AVE W
ReturnHeader/Filer/USAddress/CityNm0ASHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054806
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391389664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAITLAND SINGLER & VAN VLACK SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0306 W 3RD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054806
ReturnHeader/PreparerPersonGrp/PhoneNum07156825544
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD A SETZKE
ReturnHeader/ReturnTs02022-11-15T15:30:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARVER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HARRIES
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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