Growing Tree Learning Center EIN 46-0897847

Growing Tree Learning Center

EIN  46-0897847 Public charity (501(c)(3)) Woodstock, VA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides early childhood education to young learners.
Leadership
Nancy U Ritnour · Administrator · $50K
Money in and out
$367K revenue, $317K expenses
Bottom line
99% program efficiency

Provides early childhood education to young learners. For fiscal year 2023 it reported $367K in revenue, $317K in expenses, and $163K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$367K
Pt VIII · Ln 12
Total expenses
$317K
Pt IX · Ln 25
Net assets
$163K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $50K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate▲ +78% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$367K
FY2023▼ -6%
Expenses
$317K
FY2023▼ -7%
Total assets
$163K
FY2023▲ +44%
Total liabilities
$0
FY2023
Total revenue
$367K
Pt VIII · Ln 12
Total expenses
$317K
Pt IX · Ln 25
Net assets
$163K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$50K
Total assetsPt X · Ln 16$163K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $315K of program spending, described in the organization's own filed words · FY2022.
01

Education of small children

$315Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrowing Tree Learning Center
EINHdr · item D46-0897847
Principal addressHdr · item CWoodstock, VA
WebsiteHdr · item Jgrowingtreelearningcenter.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Administrator
$49,885Pt VII · Sec A

Nancy U Ritnour’s $50K as Administrator is at the 41st percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2020
Nancy U Ritnour$49,885$48,849$43,077

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$347K · 94%
Contributions & grants$20K · 6%
Program service revenue94%$347K
Contributions & grants6%$20K
Total revenueLn 12$367K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$315K
Management & general1%$2K
Total functional expensesLn 25$317K

Balance Sheet

Part X · end of year
CashLn 1$126K
Total assetsLn 16$163K
Total liabilitiesLn 26$0
Total net assetsLn 32$163K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $126K · Operating expenses/yr $317K
4.8 months
Where the money goes
Program services
Program services $315K · Total expenses $317K
99%
Management & General
Management & general $2K · Total expenses $317K
1%
Fundraising
Fundraising $0 · Total expenses $317K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $37K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $20K · Total revenue $367K
6%
Government reliance
Government grants — · Total revenue $367K
Earned-income share
Program service revenue $347K · Total revenue $367K
94%
Investment reliance
Investment income $0 · Total revenue $367K
0%
Program self-sufficiency
Program service revenue $347K · Total expenses $317K
109%
Growth & trend
Revenue growth (YoY)
This year $367K · Prior year $391K
-6%
Net-asset trend (YoY)
End of year $163K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $367K · Expenses $317K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $163K
Net-asset ratio
Net assets $163K · Total assets $163K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $163K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nancy U Ritnour · Reported title Administrator · Highest reported compensation $50K · Total expenses $317K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $256K · Total expenses $317K
81%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth -6%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$367K revenue · viewing · ⤓ 990 PDF
FY2022$391K revenue · ⤓ 990 PDF
FY2021$284K revenue · ⤓ 990 PDF
FY2020$198K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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