Civic Intelligence

The Golden Triangle Learning Center

990 • Fiscal year 2018 • EIN 84-1069931

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 15, 2019

1080 Kalamath StDenver, CO 80204

(303) 892-6233

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.43x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.22x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

53rd percentile

4.7%

Higher net margin than 53% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$94,700

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

53rd percentile

2.5%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

9.9%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$501,759

Up $12,456 (+2.5%) from 2017

Net Assets

Up

$288,094

Up $45,364 (+19%) from 2017

Liabilities

Down

$213,665

Down $32,908 (-13%) from 2017

Revenue

Up

$973,695

Up $87,339 (+9.9%) from 2017

Expenses

Up

$928,331

Up $69,486 (+8.1%) from 2017

Net Income

Up

$45,364

Up $17,853 (+65%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $31,545Liabilities 2010: $3,781Net Assets 2010: $27,7642010Assets 2011: $24,211Liabilities 2011: $2,301Net Assets 2011: $21,9102011Assets 2012: $33,123Liabilities 2012: $2,382Net Assets 2012: $30,7412012Assets 2013: $54,610Liabilities 2013: $2,301Net Assets 2013: $52,3092013Assets 2014: $47,275Liabilities 2014: $0Net Assets 2014: $47,2752014Assets 2015: $389,286Liabilities 2015: $214,187Net Assets 2015: $175,0992015Assets 2016: $521,963Liabilities 2016: $306,744Net Assets 2016: $215,2192016Assets 2017: $489,303Liabilities 2017: $246,573Net Assets 2017: $242,7302017Assets 2018: $501,759Liabilities 2018: $213,665Net Assets 2018: $288,0942018Assets 2019: $475,393Liabilities 2019: $138,007Net Assets 2019: $337,3862019Assets 2020: $526,293Liabilities 2020: $324,029Net Assets 2020: $202,2642020Assets 2021: $545,149Liabilities 2021: $155,404Net Assets 2021: $389,7452021Assets 2022: $467,330Liabilities 2022: $150,000Net Assets 2022: $317,3302022Assets 2023: $360,174Liabilities 2023: $146,795Net Assets 2023: $213,3792023Assets 2024: $337,551Liabilities 2024: $162,684Net Assets 2024: $174,8672024

Highlighted filing

2018

Assets$501,759
Liabilities$213,665
Net Assets$288,094

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $626,8902010Revenue 2011: $566,342Expenses 2011: $572,196Net Income 2011: -$5,8542011Expenses 2012: $559,3322012Expenses 2013: $610,4012013Revenue 2014: $696,718Expenses 2014: $701,752Net Income 2014: -$5,0342014Revenue 2015: $716,416Expenses 2015: $588,592Net Income 2015: $127,8242015Revenue 2016: $778,746Expenses 2016: $738,626Net Income 2016: $40,1202016Revenue 2017: $886,356Expenses 2017: $858,845Net Income 2017: $27,5112017Revenue 2018: $973,695Expenses 2018: $928,331Net Income 2018: $45,3642018Revenue 2019: $1,049,146Expenses 2019: $999,854Net Income 2019: $49,2922019Revenue 2020: $854,488Expenses 2020: $989,610Net Income 2020: -$135,1222020Revenue 2021: $1,228,150Expenses 2021: $1,040,669Net Income 2021: $187,4812021Revenue 2022: $1,118,958Expenses 2022: $1,191,373Net Income 2022: -$72,4152022Revenue 2023: $1,159,583Expenses 2023: $1,263,534Net Income 2023: -$103,9512023Revenue 2024: $1,386,946Expenses 2024: $1,425,458Net Income 2024: -$38,5122024

Highlighted filing

2018

Revenue$973,695
Expenses$928,331
Net Income$45,364
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 15, 2019
Return Version
2017v2.3
Gross Receipts
$973,695
Mission and Program Overview

Mission

The center provides quality childcare in the golden triangle neighborhood near downtown denver and creates a learning environment in which each child can experience the value of love, acceptance, sharing and caring.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$478,794$496,444▲ $17,650
Cash and Non-Interest-Bearing Accounts$10,417$5,171▼ $5,246
Savings and Temporary Cash Investments$92$144▲ $52
Total Assets$489,303$501,759▲ $12,456
Liabilities
Unsecured Notes Loans Payable$229,362$196,454▼ $32,908
Accounts Payable and Accrued Expenses$17,211$17,211→ $0
Total Liabilities$246,573$213,665▼ $32,908
Net Assets / Fund Balance
Unrestricted Net Assets$242,730$288,094▲ $45,364
Total Net Assets Fund Balance$242,730$288,094▲ $45,364
Total Liabilities and Net Assets / Fund Balance$489,303$501,759▲ $12,456

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$493,236$97,722$590,958
Equipment$3,208$38,986$42,194
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly LittrellExecutive DiFT$71,900$22,800$94,700

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$8,107
Program Service Revenue
$964,693
Investment Income
$3
Other Revenue
$892
All Other Contributions
$8,107
Change in Net Assets
$45,364

Audited Revenue Reconciliation

Revenue per Audited Statements
$973,695
Total Revenue per Audited Statements
$973,695
Total Revenue per Form 990
$973,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$582,546
Other Expenses$345,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$394,571$43,841-$438,412
Occupancy$137,982$15,332-$153,314
Current Officers, Directors, Trustees, and Key Employees$88,832$9,870-$98,702
Payroll Taxes$39,281$4,365-$43,646
Office Expenses$43,338$196-$43,534
Depreciation Depletion$33,434$3,715-$37,149
Insurance$13,338$1,482-$14,820
Interest$12,910$1,434-$14,344
Information Technology$4,935$548-$5,483
All Other Expenses$2,762$2,315-$5,077
Fees for Services Other$3,913$349-$4,262
Conferences and Meetings$2,009$223-$2,232
Other Expenses$1,844$205-$2,049
Other Employee Benefits$1,607$179-$1,786
Fees for Services Accounting-$1,509-$1,509
Advertising$35--$35
Travel$18$2-$20
Total Functional Expenses$842,766$85,565$0$928,331

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$928,331
Total Expenses per Audited Statements$928,331
Total Expenses per Form 990$928,331
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
Annual disclosure for covered persons
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
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

The executive director reviews the 990, then presents to the board for their review and approval.

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

It is included in the bylaws of the center, and if conflicts arise they must be disclosed and resolved.

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

The executive director is reviewed by the board of directors, and the board approves her salary.

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

The executive director reviews all other employees and determines their salaries.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
The Golden Triangle Learning Center
EIN
84-1069931
Phone
3038926233
Address
1080 KALAMATH ST, DENVER, CO 80204
Doing Business As
1080 Learning Center

Signing Officer

Name
Brigitte Sinclair
Title
Treasurer
Phone
3038926233
Signed
2019-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brigitte Sinclair
Formed
1987
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
41
Volunteers
5

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0116468
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0673898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0592648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0686164
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt022
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0952
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt015050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0558
IRS990ScheduleA/OtherIncome509Grp/TotalAmt093862
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt050000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0885404
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0642648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0696152
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0778746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0657708
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt038986
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042194
IRS990ScheduleD/ExpensesSubtotalAmt0928331
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0493236
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt097722
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0590958
IRS990ScheduleD/RevenueSubtotalAmt0973695
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0496444
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IRS990ScheduleD/TotalRevenuePerForm990Amt0973695
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE 990, THEN PRESENTS TO THE BOARD FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS INCLUDED IN THE BYLAWS OF THE CENTER, AND IF CONFLICTS ARISE THEY MUST BE DISCLOSED AND RESOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD OF DIRECTORS, AND THE BOARD APPROVES HER SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR REVIEWS ALL OTHER EMPLOYEES AND DETERMINES THEIR SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0213665
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IRS990/TotalOtherCompensationAmt022800
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0965585
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0973695
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0489303
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0501759
IRS990/TravelGrp/ManagementAndGeneralAmt02
IRS990/TravelGrp/ProgramServicesAmt018
IRS990/TravelGrp/TotalAmt020
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0242730
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0288094
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0229362
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0196454
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01080 KALAMATH ST
IRS990/USAddress/CityNm0DENVER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080204
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt01080LEARNINGCENTER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIGITTE SINCLAIR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03038926233
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GOLDEN TRIANGLE LEARNING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0GOLD
ReturnHeader/Filer/EIN0841069931
ReturnHeader/Filer/PhoneNum03038926233
ReturnHeader/Filer/USAddress/AddressLine1Txt01080 KALAMATH ST
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080204

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.16$0.17$1.39$1.43$0.04
2023Summary only. Only limited summary data is available for this year.$0.36$0.15$0.21$1.16$1.26$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.15$0.32$1.12$1.19$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.16$0.39$1.23$1.04$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.32$0.20$0.85$0.99$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.14$0.34$1.05$1.00$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.21$0.29$0.97$0.93$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.25$0.24$0.89$0.86$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.31$0.22$0.78$0.74$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.21$0.18$0.72$0.59$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.70$0.70$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.56
2011Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.57$0.57$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.63