Civic Intelligence

Day One Early Learning Community Inc.

990 • Fiscal year 2023 • EIN 83-4360367

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 16, 2024

289 Main Street Suite 201Poughkeepsie, NY 12601

(845) 452-5392

Siviq Scores

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

Liabilities / Assets

90th percentile

0.84x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.74x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Net Margin

28th percentile

-5.4%

Higher net margin than 28% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$117,277

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Asset Growth

98th percentile

341%

Faster asset growth than 98% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

134%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,272,675

Up $984,194 (+341%) from 2022

Net Assets

Down

$203,653

Down $66,979 (-25%) from 2022

Liabilities

Up

$1,069,022

Up $1,051,173 (+5889%) from 2022

Revenue

Up

$1,437,379

Up $821,843 (+134%) from 2022

Expenses

Up

$1,514,360

Up $832,916 (+122%) from 2022

Net Income

Down

-$76,981

Down $11,073 (-17%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2020: $77,423Liabilities 2020: $51Net Assets 2020: $77,3722020Assets 2021: $338,366Liabilities 2021: $1,826Net Assets 2021: $336,5402021Assets 2022: $288,481Liabilities 2022: $17,849Net Assets 2022: $270,6322022Assets 2023: $1,272,675Liabilities 2023: $1,069,022Net Assets 2023: $203,6532023

Highlighted filing

2023

Assets$1,272,675
Liabilities$1,069,022
Net Assets$203,653

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2020: $131,201Expenses 2020: $53,829Net Income 2020: $77,3722020Revenue 2021: $475,249Expenses 2021: $216,081Net Income 2021: $259,1682021Revenue 2022: $615,536Expenses 2022: $681,444Net Income 2022: -$65,9082022Revenue 2023: $1,437,379Expenses 2023: $1,514,360Net Income 2023: -$76,9812023

Highlighted filing

2023

Revenue$1,437,379
Expenses$1,514,360
Net Income-$76,981
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 16, 2024
Return Version
2022v5.0
Gross Receipts
$1,437,379
Mission and Program Overview

Mission

To create a model teaching and early learning community where families, educators and future teachers collaborate to nurture every childs potential, from day one.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,735$166,879▲ $53,144
Pledges and Grants Receivable$169,394$115,704▼ $53,690
Loans From Officers Directors-$100,000-
Land, Buildings, and Equipment, Net-$85,895-
Prepaid Expenses and Deferred Charges-$26,553-
Total Assets$288,481$1,272,675▲ $984,194
Other Assets Total$5,352$877,644▲ $872,292
Liabilities
Other Liabilities-$900,388-
Accounts Payable and Accrued Expenses$17,849$56,634▲ $38,785
Deferred Revenue-$12,000-
Total Liabilities$17,849$1,069,022▲ $1,051,173
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$270,632$200,403▼ $70,229
Net Assets With Donor Restrictions-$3,250-
Total Net Assets Fund Balance$270,632$203,653▼ $66,979
Total Liabilities and Net Assets / Fund Balance$288,481$1,272,675▲ $984,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$80,391$808$81,199
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Julie RiessExecutive Di$117,007$270$117,277

Board Members and Trustees

NameTitle
Geraldine LaybourneChairperson
James ChalleyBoard Member
Jeanne WagnerBoard Member
Jennifer SantosuossoBoard Member
Jessie LaguerreBoard Member
Sarah LeeBoard Member
Timmian MassieBoard Member
Wesley LeeBoard Member
Martin SchneiderResigned 12/
Rebecca EdwardsSecretary
Christa HinesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,031,484
Program Service Revenue
$393,465
Investment Income
$265
Other Revenue
$12,165
All Other Contributions
$769,862
Change in Net Assets
$-76,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,437,379
Revenue Not Reported on Form 990
$22,000
Total Revenue per Audited Statements
$1,459,379
Total Revenue per Form 990
$1,437,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$923,527
Other Expenses$590,833
Total Fundraising Expense$74,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$355,946$225,208$43,342$624,496
Occupancy$126,843$96,846-$223,689
Fees for Services Other$113,250$36,328$3,399$152,977
Current Officers, Directors, Trustees, and Key Employees$66,849$42,300$8,128$117,277
Other Employee Benefits$63,411$41,990$2,912$108,313
Payroll Taxes$42,995$28,471$1,975$73,441
Fees for Services Accounting$4,396$51,045$4,667$60,108
Office Expenses$14,962$10,952$595$26,509
Advertising$1,370$20,975$1,010$23,355
Insurance$2,632$11,236-$13,868
Interest-$2,325-$2,325
Depreciation Depletion$1,779--$1,779
Travel$70$1,116-$1,186
Other Expenses$1,402$1,771$45$45
Total Functional Expenses$855,817$583,551$74,992$1,514,360

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,536,360
Expenses per Audited Statements$1,514,360
Total Expenses per Form 990$1,514,360
Expenses Not Reported on Form 990$22,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$100,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$900,388
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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

A copy of the draft form 990 is provided to board members who review and approve the form; any suggested changes are incorporated before final submission with the internal revenue service.

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

Each new responsible person shall be required to review a copy of the policy and to acknowledge in writing that he or she has done so. Each responsible person shall annually complete a disclosure form identifying any relationships, positions, or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. Such relationships, positions, or circumstances might include service as a director of or consultant to a not-for-profit organization, or ownership of a business that might provide goods or services to day one early learning community. Each responsible person should also disclose to the board of directors any potential conflict of interest that may arise during the course of the year between the submission of annual disclosure forms. Any such information regarding business interests of a responsible person or a family member shall be treated as confidential and shall generally be made available only to the chair, the executive director, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of the policy. The policy shall be reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated immediately to all responsible persons.

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

Executive director compensation is approved by the board.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Day One Early Learning
EIN
83-4360367
Phone
8454525392
Address
289 MAIN STREET SUITE 201, POUGHKEEPSIE, NY 12601

Signing Officer

Name
Julie Riess
Title
Executive Director
Phone
8454523592
Signed
2024-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Riess
Formed
2019
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
19

Preparer

Firm
Rbt Cpas Llp
Address
11 RACQUET RD, NEWBURGH, NY 12550
Preparer
Dale M Hlavacek CPA
Phone
8455679000
Supplemental Narrative

Additional Explanations

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

Teacher apprentice program (tap): the teacher apprenticeship program (tap) is an intensive, full time eleven week apprenticeship program for teachers interested in teaching in early childhood classrooms. In order to build high quality early childhood education classrooms, we know that teachers benefit from hands-on learning experiences with mentor teachers and sustained time to engage in learning about best practices as an early childhood teacher. During the eleven week apprenticeship period, a group of up to twelve teachers will be selected to participate in the program. Each apprentice teacher is placed in a model early childhood setting side by side with a mentor teacher for five hours each morning. Early childhood settings include centers, family and group family care, and nursery schools. In the afternoon, the apprentice teachers gather for a collaborative seminar. The organization's goal is to place 200 day one teachers in poughkeepsie and dutchess county over the next five years. Day one initiated its exchange teacher program in march 2022. We have one full-time and one part-time exchange teacher. In order for currently employed teachers to participate in day one tap for eleven weeks, day one early learning community hires master teachers as exchange teachers and coaches. The exchange teacher spends eleven weeks in the apprenticeship teacher's home classroom; their role is to provide coaching, mentoring and support in the morning and stable coverage for the afternoon so that an apprentice teacher can participate in the teaching apprenticeship program seminars each afternoon. The cost of an exchange teacher is covered by day one early learning community; thus an additional cost burden is not placed on the apprentice teacher's home classroom during his/her leave to participate in daily seminars. Teachers successfully completing the eleven week apprenticeship program will be eligible for a monthly stipend as long as certain criteria continue to be met (e.g. Demonstration of ongoing best practices in the classroom; continued employment in an early childhood home, center or school within dutchess or ulster county; continued participation in ongoing supervision mentorship.)

Form 990, Part IX, Line 11G

Other professional fees 2,283 26,507 2,423 stipends 63,776 0 0 payroll processing fees 7,926 9,821 976 contracted services 39,265 0 0 total 113,250 36,328 3,399

Financial Statement Notes

Schedule D, Page 3, Part X

The organization files an annual form 990 as a tax exempt organization under section 501(c)(3) of the internal revenue code. As such, no federal or new york state taxes are paid by the organization. The organization has been classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in section 170 (b)(1)(a)(vi). The organization adopted the provisions of accounting principles generally accepted in the united states of america regarding accounting for uncertain tax positions. Management evaluated the organization's tax positions and concluded that the organization had taken no uncertain tax positions that would require adjustment to the financial statements in order to comply with the provisions of this guidance. With few exceptions, the organization is not subject to income tax examinations by the u.s. Federal, state or local tax authorities for fiscal years prior to 2020.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FILES AN ANNUAL FORM 990 AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, NO FEDERAL OR NEW YORK STATE TAXES ARE PAID BY THE ORGANIZATION. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170 (B)(1)(A)(VI). THE ORGANIZATION ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEACHER APPRENTICE PROGRAM (TAP): THE TEACHER APPRENTICESHIP PROGRAM (TAP) IS AN INTENSIVE, FULL TIME ELEVEN WEEK APPRENTICESHIP PROGRAM FOR TEACHERS INTERESTED IN TEACHING IN EARLY CHILDHOOD CLASSROOMS. IN ORDER TO BUILD HIGH QUALITY EARLY CHILDHOOD EDUCATION CLASSROOMS, WE KNOW THAT TEACHERS BENEFIT FROM HANDS-ON LEARNING EXPERIENCES WITH MENTOR TEACHERS AND SUSTAINED TIME TO ENGAGE IN LEARNING ABOUT BEST PRACTICES AS AN EARLY CHILDHOOD TEACHER. DURING THE ELEVEN WEEK APPRENTICESHIP PERIOD, A GROUP OF UP TO TWELVE TEACHERS WILL BE SELECTED TO PARTICIPATE IN THE PROGRAM. EACH APPRENTICE TEACHER IS PLACED IN A MODEL EARLY CHILDHOOD SETTING SIDE BY SIDE WITH A MENTOR TEACHER FOR FIVE HOURS EACH MORNING. EARLY CHILDHOOD SETTINGS INCLUDE CENTERS, FAMILY AND GROUP FAMILY CARE, AND NURSERY SCHOOLS. IN THE AFTERNOON, THE APPRENTICE TEACHERS GATHER FOR A COLLABORATIVE SEMINAR. THE ORGANIZATION'S GOAL IS TO PLACE 200 DAY ONE TEACHERS IN POUGHKEEPSIE AND DUTCHESS COUNTY OVER THE NEXT FIVE YEARS. DAY ONE INITIATED ITS EXCHANGE TEACHER PROGRAM IN MARCH 2022. WE HAVE ONE FULL-TIME AND ONE PART-TIME EXCHANGE TEACHER. IN ORDER FOR CURRENTLY EMPLOYED TEACHERS TO PARTICIPATE IN DAY ONE TAP FOR ELEVEN WEEKS, DAY ONE EARLY LEARNING COMMUNITY HIRES MASTER TEACHERS AS EXCHANGE TEACHERS AND COACHES. THE EXCHANGE TEACHER SPENDS ELEVEN WEEKS IN THE APPRENTICESHIP TEACHER'S HOME CLASSROOM; THEIR ROLE IS TO PROVIDE COACHING, MENTORING AND SUPPORT IN THE MORNING AND STABLE COVERAGE FOR THE AFTERNOON SO THAT AN APPRENTICE TEACHER CAN PARTICIPATE IN THE TEACHING APPRENTICESHIP PROGRAM SEMINARS EACH AFTERNOON. THE COST OF AN EXCHANGE TEACHER IS COVERED BY DAY ONE EARLY LEARNING COMMUNITY; THUS AN ADDITIONAL COST BURDEN IS NOT PLACED ON THE APPRENTICE TEACHER'S HOME CLASSROOM DURING HIS/HER LEAVE TO PARTICIPATE IN DAILY SEMINARS. TEACHERS SUCCESSFULLY COMPLETING THE ELEVEN WEEK APPRENTICESHIP PROGRAM WILL BE ELIGIBLE FOR A MONTHLY STIPEND AS LONG AS CERTAIN CRITERIA CONTINUE TO BE MET (E.G. DEMONSTRATION OF ONGOING BEST PRACTICES IN THE CLASSROOM; CONTINUED EMPLOYMENT IN AN EARLY CHILDHOOD HOME, CENTER OR SCHOOL WITHIN DUTCHESS OR ULSTER COUNTY; CONTINUED PARTICIPATION IN ONGOING SUPERVISION MENTORSHIP.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE DRAFT FORM 990 IS PROVIDED TO BOARD MEMBERS WHO REVIEW AND APPROVE THE FORM; ANY SUGGESTED CHANGES ARE INCORPORATED BEFORE FINAL SUBMISSION WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH NEW RESPONSIBLE PERSON SHALL BE REQUIRED TO REVIEW A COPY OF THE POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NOT-FOR-PROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO DAY ONE EARLY LEARNING COMMUNITY. EACH RESPONSIBLE PERSON SHOULD ALSO DISCLOSE TO THE BOARD OF DIRECTORS ANY POTENTIAL CONFLICT OF INTEREST THAT MAY ARISE DURING THE COURSE OF THE YEAR BETWEEN THE SUBMISSION OF ANNUAL DISCLOSURE FORMS. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THE POLICY. THE POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR COMPENSATION IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES 2,283 26,507 2,423 STIPENDS 63,776 0 0 PAYROLL PROCESSING FEES 7,926 9,821 976 CONTRACTED SERVICES 39,265 0 0 TOTAL 113,250 36,328 3,399
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A

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