Early Learning Pre School EIN 85-0319195 Form 990 (PDF) Claim this org

Early Learning Pre School FY2021 filing

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Educates preschool children ages 3-5 for up to 35 hours weekly. For fiscal year 2021 it reported $337K in revenue, $237K in expenses, and $130K in net assets.Pt I

Founded
1983
Type
Public charity (501(c)(3)) · Nonprofit
Location
Rio Rancho, NM
Website
www.elpriorancho.com
Filings
6 on file (2020–2021)
Revenue
$337KFY2021
Expenses
$237K
Net assets
$130K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  85-0319195 Public charity (501(c)(3)) Rio Rancho, NM Founded 1983
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates preschool children ages 3-5 for up to 35 hours weekly.
Leadership
Dina Araujo · Executive Director · $41K
Money in and out
$337K revenue, $237K expenses
Bottom line
72% program efficiency
Where the money goes · FY2021
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$237K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $100K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.27 Fundraising $0.01
Program efficiency
72%
of spending reaches programs
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$337K
FY2021▲ +133%
Expenses
$237K
FY2021
Total assets
$165K
FY2021
Total liabilities
$34K
FY2021
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$237K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$100K
Total assetsPt X · Ln 16$165K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEarly Learning Pre School
EINHdr · item D85-0319195
Principal addressHdr · item CRio Rancho, NM
WebsiteHdr · item Jwww.elpriorancho.com
Year of formationHdr · item L1983
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Executive Director
$40,854Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lacey Giovacchini$63,177$51,477$40,733
Dina Araujo$47,159$40,854$37,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $215K of program spending, described in the organization's own filed words · FY2021.
01

Educated up to 80 preschool children ages 3-5.

$215Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$224K · 66%
Contributions & grants$105K · 31%
Other revenue$8K · 2%
Program service revenue66%$224K
Contributions & grants31%$105K
Other revenue2%$8K
Investment income$9
— government grantsLn 1e$97K
Total revenueLn 12$337K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.27 Fundraising $0.01
Program services72%$170K
Management & general27%$64K
Fundraising1%$2K
Total functional expensesLn 25$237K

Balance Sheet

Part X · end of year
CashLn 1$165K
Total assetsLn 16$165K
Total liabilitiesLn 26$34K
Total net assetsLn 32$130K
Months of cash on handcomputed8.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $165K · Operating expenses/yr $237K
8.3 months
Where the money goes
Program services
Program services $170K · Total expenses $237K
72%
Management & General
Management & general $64K · Total expenses $237K
27%
Fundraising
Fundraising $2K · Total expenses $237K
0.9%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $8K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $105K · Total revenue $337K
31%
Government reliance
Government grants $97K · Total revenue $337K
29%
Earned-income share
Program service revenue $224K · Total revenue $337K
66%
Investment reliance
Investment income $9 · Total revenue $337K
<0.01%
Program self-sufficiency
Program service revenue $224K · Total expenses $237K
94%
Growth & trend
Revenue growth (YoY)
This year $337K · Prior year $144K
+133%
Net-asset trend (YoY)
End of year $130K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $337K · Expenses $237K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $165K
Net-asset ratio
Net assets $130K · Total assets $165K
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $165K
0%
People & payroll
Highest Reported Total Compensation
Individual Dina Araujo · Reported title Executive Director · Highest reported compensation $41K · Total expenses $237K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $144K · Total expenses $237K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 27%
Fundraising cost ratio 2%
Revenue growth 133%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising 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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$205

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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
FY2025 (Latest)$277K revenue · ⤓ 990 PDF
FY2024$296K revenue · ⤓ 990 PDF
FY2023$279K revenue · ⤓ 990 PDF
FY2022$359K revenue · ⤓ 990 PDF
FY2021$337K revenue · viewing · ⤓ 990 PDF
FY2020$144K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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