Civic Intelligence

Day One Early Learning Community Inc.

990 • Fiscal year 2024 • EIN 83-4360367

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 27, 2025

70 Hooker AvenuePoughkeepsie, NY 12601

(845) 471-4790

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.99x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • NTEE B20 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.65x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • NTEE B20 • $1M-$5M nonprofits • Source year 2024

Net Margin

13th percentile

-11%

Higher net margin than 13% of similar nonprofits.

2024 filings • NTEE B20 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$116,946

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2024 filings • NTEE B20 • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-10%

Faster asset growth than 18% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

20%

Faster revenue growth than 65% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,141,028

Up $852,547 (+296%) from 2022

Net Assets

Down

$14,896

Down $255,736 (-94%) from 2022

Liabilities

Up

$1,126,132

Up $1,108,283 (+6209%) from 2022

Revenue

Up

$1,719,855

Up $1,104,319 (+179%) from 2022

Expenses

Up

$1,908,612

Up $1,227,168 (+180%) from 2022

Net Income

Down

-$188,757

Down $122,849 (-186%) 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 2024: $1,141,028Liabilities 2024: $1,126,132Net Assets 2024: $14,8962024

Highlighted filing

2024

Assets$1,141,028
Liabilities$1,126,132
Net Assets$14,896

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 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 2024: $1,719,855Expenses 2024: $1,908,612Net Income 2024: -$188,7572024

Highlighted filing

2024

Revenue$1,719,855
Expenses$1,908,612
Net Income-$188,757
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 27, 2025
Return Version
2023v6.0
Gross Receipts
$1,719,855
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
Pledges and Grants Receivable$115,704$161,752▲ $46,048
Loans From Officers Directors$100,000$120,000▲ $20,000
Land, Buildings, and Equipment, Net$85,895$102,283▲ $16,388
Savings and Temporary Cash Investments$166,781$82,186▼ $84,595
Prepaid Expenses and Deferred Charges$26,553$13,436▼ $13,117
Cash and Non-Interest-Bearing Accounts$98--
Total Assets$1,272,675$1,141,028▼ $131,647
Other Assets Total$877,644$781,371▼ $96,273
Liabilities
Other Liabilities$900,388$817,214▼ $83,174
Accounts Payable and Accrued Expenses$56,634$116,618▲ $59,984
Deferred Revenue$12,000$72,300▲ $60,300
Total Liabilities$1,069,022$1,126,132▲ $57,110
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,250$68,476▲ $65,226
Net Assets Without Donor Restrictions$200,403$-53,580▼ $253,983
Total Net Assets Fund Balance$203,653$14,896▼ $188,757
Total Liabilities and Net Assets / Fund Balance$1,272,675$1,141,028▼ $131,647

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$98,074$7,051$105,125
Equipment$4,209$2,266$6,475
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie RiessExecutive DiFT$116,475$471$116,946

Board Members and Trustees

NameTitle
Geraldine LaybourneChairperson
James ChalleyBoard Member
Jeanne WagnerBoard Member
Jennifer SantosuossoBoard Member
Sarah LeeBoard Member
Wesley LeeBoard Member
Timmian MassieResigned 1/3
Rebecca EdwardsResigned 12/
Jessie LaguerreResigned 6/2
Christa HinesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,258,269
Program Service Revenue
$457,225
Investment Income
$124
Other Revenue
$4,237
All Other Contributions
$830,365
Change in Net Assets
$-188,757

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,719,855
Total Revenue per Audited Statements
$1,719,855
Total Revenue per Form 990
$1,719,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,111,672
Other Expenses$796,940
Total Fundraising Expense$106,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$509,853$201,512$50,390$761,755
Fees for Services Other$239,834$67,781$35,908$343,523
Occupancy$199,513$785-$200,298
Other Employee Benefits$93,051$55,140$5,315$153,506
Current Officers, Directors, Trustees, and Key Employees$78,346$31,053$7,724$117,123
Payroll Taxes$48,062$28,481$2,745$79,288
Fees for Services Accounting-$66,429-$66,429
Office Expenses$22,506$21,644-$44,150
Advertising$5,043$17,239$317$22,599
Other Expenses$3,558$3,949$1,622$9,129
Interest-$8,682-$8,682
Travel$4,003$4,646-$8,649
Insurance$260$8,083-$8,343
Depreciation Depletion$7,538--$7,538
All Other Expenses--$2,028$2,028
Total Functional Expenses$1,271,287$530,596$106,729$1,908,612

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,908,612
Total Expenses per Audited Statements$1,908,612
Total Expenses per Form 990$1,908,612
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$100,000$120,000▲ $20,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$817,214
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
8454714790
Address
70 HOOKER AVENUE, POUGHKEEPSIE, NY 12601

Signing Officer

Name
Julie Riess
Title
Executive Director
Phone
8454523592
Signed
2025-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Riess
Formed
2019
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
21

Preparer

Firm
Rbt Cpas Llp
Address
2678 SOUTH RD STE 101, POUGHKEEPSIE, NY 12601-5254
Preparer
Elissa N Casa CPA
Phone
8454855510
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 2,200 35,162 35,000 stipends 173,289 0 0 payroll processing fees 12,553 889 908 contracted services 51,792 31,730 0 total 239,834 67,781 35,908

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 2021.

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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WORKED WITH AN OUTSIDE CONSULTANT TO DEVELOP AN ADVOCACY STRATEGY TO BUILD RELATIONSHIPS WITH RELEVANT ELECTED AND APPOINTED OFFICIALS AS NEEDED TO COMMUNICATE FUNDING PRIORITIES.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-B, LINE 1
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
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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 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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