First Environments Early Learning Center FY2023 filing

Tax-deductible

Durham, NC501(c)(3)Human ServicesEIN 58-1696674

The mission is to provide a nurturing, stimulating, home-like and safe environment for child development. To provide quality programming,first environments is committed to recruiting and retaining professional teachers who are dedicated to the hearts and development of young children.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$98K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $230K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$98K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$66K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.9M
+7% vs prior year
Spent
$2.9M
To programs
88%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$2.9M
FY2023▲ +7%
Revenue by fiscal year
FY2020$2.6M
FY2021$2.9M
FY2022$2.7M
FY2023$2.9M
FY2024$3.3M
Expenses
$2.9M
FY2023▲ +14%
Expenses by fiscal year
FY2020$2.3M
FY2021$2.2M
FY2022$2.5M
FY2023$2.9M
FY2024$3.3M
Net assets
$1.2M
FY2023▲ +1%
Net assets by fiscal year
FY2020$342K
FY2021$1.1M
FY2022$1.2M
FY2023$1.2M
FY2024$1.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $2.5M Management & general 12% · $354K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $98K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$98,012Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Policy Coordinator
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Parent Coordinator & Fundraising
$0Pt VII · Sec A

Elizabeth Lake’s $111K as Executive Director is at the 45th percentile of top reported officer pay among 3869 $1–10M human services 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

NameFY2024FY2023FY2022FY2021FY2020
Elizabeth Lake$110,602$98,012$95,631$93,214$85,243

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.

See First Environments Early Learning Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Nurtures child development through quality programming in a safe, home-like environment.

Provided by the organization

This section is blank until First Environments Early Learning Center claims this page.

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1 program service account for $2.5M of program spending, described in the organization's own filed words · FY2023.
01

Childcare services for approximately 179 children, including meals.

$2.5Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.9M
Ln 12
Fees for servicesLn 2g$2.6M
Gifts and grantsLn 1h$335K
Investment incomeLn 3$19K
Money outPt IX
$2.9M
Ln 25
Programscol B$2.5M
Managementcol C$354K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.3M
LiabilitiesLn 26$66K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$335K
Government grantsLn 1e$332K
Fees for servicesLn 2g$2.6M
Investment incomeLn 3$19K
Other incomeLn 4–11$768
Total revenueLn 12$2.9M
Assets in detailPt X, end of year
CashLn 1$430K
SavingsLn 2$854K
Cash and savings togetherLn 1–2$1.3M
Other assetsLn 15$8K
Total assetsLn 16$1.3M
LiabilitiesLn 26$66K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 546
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.3M$1.3M
Total assetsLn 16$1.3M$1.3M
LiabilitiesLn 26$76K$66K
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.1M$1.8M$237K
Pension plan contributionsLn 8$41K$37K$5K
Other employee benefitsLn 9$329K$292K$38K
Payroll taxesLn 10$152K$135K$17K
Accounting feesLn 11c$41K$41K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$18K$16K$2K
TravelLn 17$488$488
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$193K$193K
All other expensesLn 24e$38K$30K$8K
Total functional expensesLn 25$2.9M$2.5M$354K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.3M$3.3M−$16K$1.2M 990 PDF
FY2023 Viewing $2.9M$2.9M$14K$1.2M 990 PDF
FY2022 $2.7M$2.5M$168K$1.2M 990 PDF
FY2021 $2.9M$2.2M$716K$1.1M 990 PDF
FY2020 $2.6M$2.3M$267K$342K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,913,278 across 7 lines filed
VIII-1e Government grants$332,097
VIII-1f All other contributions, gifts and grants$3,358
VIII-1h Total contributions, gifts and grants$335,455
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,558,367$2,558,367
VIII-3 Investment incomeExcluded from tax $18,688$18,688
VIII-8 Net income from fundraising eventsExcluded from tax $768$768
VIII-12 Total revenueRelated to mission $2,558,367 · Unrelated business $0 · Excluded from tax $19,456$2,913,278
Part IX · Statement of functional expenses $2,899,043 across 12 lines filed
IX-7 Other salaries and wagesPrograms $1,838,506 · Management $237,026$2,075,532
IX-8 Pension plan contributionsPrograms $36,735 · Management $4,736$41,471
IX-9 Other employee benefitsPrograms $291,667 · Management $37,603$329,270
IX-10 Payroll taxesPrograms $134,987 · Management $17,403$152,390
IX-11c Accounting feesManagement $41,043$41,043
IX-11g Other fees for servicesManagement $3,827$3,827
IX-12 Advertising and promotionManagement $2,007$2,007
IX-13 Office expensesPrograms $15,663 · Management $2,019$17,682
IX-17 TravelPrograms $488$488
IX-23 InsurancePrograms $4,135$4,135
IX-24 Other expenses (24a–d)Programs $193,390$193,390
IX-24e All other expensesPrograms $29,830 · Management $7,978$37,808
IX-25 Total functional expensesPrograms $2,545,401 · Management $353,642 · Fundraising $0$2,899,043
Part X · Balance sheet $1,310,874 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,035,742$430,108
X-2 Savings and temporary cash investmentsStart of year $255,602$854,124
X-4 Accounts receivableStart of year $8,060$18,179
X-15 Other assetsStart of year $7,487$8,463
X-16 Total assetsStart of year $1,306,891$1,310,874
X-17 Accounts payable and accrued expenses$908
X-25 Other liabilitiesStart of year $76,195$65,035
X-26 Total liabilitiesStart of year $76,195$65,943
X-27 Net assets without donor restrictionsStart of year $1,210,681$1,223,336
X-28 Net assets with donor restrictionsStart of year $20,015$21,595
X-32 Total net assets or fund balancesStart of year $1,230,696$1,244,931
X-33 Total liabilities and net assetsStart of year $1,306,891$1,310,874
Part XI · Reconciliation of net assets $1,244,931 net assets at year end
XI-1 Total revenue$2,913,278
XI-2 Total expenses$2,899,043
XI-3 Revenue less expenses$14,235
XI-4 Net assets at start of year$1,230,696
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,244,931

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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