To value children and families and promote positive learning experiences in an environment that inspires curiosity, nurtures respectful relationships and empowers active involvement in the community.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$47K 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

FY2022 · 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 4
filings with a surplus
Average surplus $59K a year · 9% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$47K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$25K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$644K
+8% vs prior year
Spent
$595K
To programs
89%
Net assets
$129K
By yearFY2021–FY2024
Revenue
$644K
FY2022▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2021$598K
FY2022$644K
FY2023$723K
FY2024$595K
Expenses
$595K
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2021$565K
FY2022$595K
FY2023$615K
FY2024$551K
Net assets
$129K
FY2022▲ +62%
Tap a bar for its year
Net assets by fiscal year
FY2021$79K
FY2022$129K
FY2023$237K
FY2024$281K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 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 Nov 2021.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $529K Management & general 10% · $57K Fundraising 1% · $8K

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

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Who runs it and what they're paid

10 people listed on the 990; $47K paid to officers and key staff.

Part VII, Section A · reportable compensation
Center Director
$46,716Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President / Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director (jan - Oct)
$0Pt VII · Sec A

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

NameFY2022FY2021
Sarah Macdonald$46,716—
Cynthia Beaudoin-Valyou—$31,451

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 Early Learning Center INC 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

Inspires curiosity and nurtures relationships to empower children and families in community learning.

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Provided by the organization

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1 program · $529K · in their own filed words · FY2022
01

The Early Learning Center (ELC) is an early childhood education program created in partnership with families, educators and members of the community. The Center is a fully licensed, developmentally oriented program located at Fort Ethan Allen in Colchester, Vermont, providing high quality child care and early education for 38 children…

$529Kprogram expense

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 · FY2021
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$644K
Ln 12
Fees for servicesLn 2g$597K
Gifts and grantsLn 1h$46K
Money outPt IX
$595K
Ln 25
Programscol B$529K
Managementcol C$57K
Fundraisingcol D$8K
Owns and owesPt X
$129K
net assets · Ln 32
Cash and savingsLn 1–2$131K
Total assetsLn 16$154K
LiabilitiesLn 26$25K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$46K
Government grantsLn 1e$45K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$597K
Total revenueLn 12$644K
Assets in detailPt X, end of year
CashLn 1$131K
Cash and savings togetherLn 1–2$131K
Land, buildings, equipmentLn 10c$533
Total assetsLn 16$154K
LiabilitiesLn 26$25K
Net assetsLn 32$129K
OperationsPt I, VI
EmployeesI 521
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$100K$131K
Land, buildings, equipmentLn 10c$630$533
Total assetsLn 16$103K$154K
LiabilitiesLn 26$24K$25K
Net assetsLn 32$79K$129K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$54K$33K$19K$3K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$355K$338K$14K$4K
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$51K$46K$4K$748
Payroll taxesLn 10$38K$35K$3K$565
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$5K$0$5K$0
Accounting feesLn 11c$5K$0$5K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$6K$1K$5K$21
Advertising and promotionLn 12$1K$0$1K$0
Office expensesLn 13$2K$2K$66$13
Information technologyLn 14$2K$1K$116$22
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$39K$38K$974$195
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$96$94$2$0
InsuranceLn 23$10K$9K$502$97
Other expenses (24a–d)Ln 24$27K$26K$484$93
All other expensesLn 24e$436$394$36$6
Total functional expensesLn 25$595K$529K$57K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $595K$551K$44K$281K 990 PDF
FY2023 $723K$615K$108K$237K 990 PDF
FY2022 Viewing $644K$595K$49K$129K 990 PDF
FY2021 $598K$565K$33K$79K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $643,890 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $60,823$46,392
I-9 Program service revenuePrior year $536,946$597,498
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $45$0
I-12 Total revenuePrior year $597,814$643,890
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $474,344$498,607
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $90,198$95,947
I-18 Total expensesPrior year $564,542$594,554
I-19 Revenue less expensesPrior year $33,272$49,336
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $643,890 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$44,643
VIII-1f All other contributions, gifts and grants$1,749
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$46,392
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$597,498
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $597,498 · Unrelated business $0 · Excluded from tax $0$643,890
Part IX · Statement of functional expenses $594,554 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $32,602 · Management $19,018 · Fundraising $2,717$54,337
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $337,543 · Management $14,212 · Fundraising $3,553$355,308
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $46,023 · Management $3,895 · Fundraising $748$50,666
IX-10 Payroll taxesPrograms $34,787 · Management $2,944 · Fundraising $565$38,296
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $4,730 · Fundraising $0$4,730
IX-11c Accounting feesPrograms $0 · Management $4,795 · Fundraising $0$4,795
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $1,290 · Management $4,629 · Fundraising $21$5,940
IX-12 Advertising and promotionPrograms $0 · Management $1,023 · Fundraising $0$1,023
IX-13 Office expensesPrograms $1,871 · Management $66 · Fundraising $13$1,950
IX-14 Information technologyPrograms $1,375 · Management $116 · Fundraising $22$1,513
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $37,794 · Management $974 · Fundraising $195$38,963
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $94 · Management $2 · Fundraising $0$96
IX-23 InsurancePrograms $9,322 · Management $502 · Fundraising $97$9,921
IX-24 Other expenses (24a–d)Programs $26,003 · Management $484 · Fundraising $93$26,580
IX-24e All other expensesPrograms $394 · Management $36 · Fundraising $6$436
IX-25 Total functional expensesPrograms $529,098 · Management $57,426 · Fundraising $8,030$594,554
Part X · Balance sheet $153,665 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $99,851$131,394
X-3 Pledges and grants receivableStart of year $0$10,000
X-4 Accounts receivableStart of year $2,440$11,738
X-9 Prepaid expenses and deferred chargesStart of year $478$0
X-10c Land, buildings and equipment, netStart of year $630$533
X-16 Total assetsStart of year $103,399$153,665
X-17 Accounts payable and accrued expensesStart of year $24,020$24,950
X-26 Total liabilitiesStart of year $24,020$24,950
X-27 Net assets without donor restrictionsStart of year $79,379$128,715
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $79,379$128,715
X-33 Total liabilities and net assetsStart of year $103,399$153,665
Part XI · Reconciliation of net assets $128,715 net assets at year end
XI-1 Total revenue$643,890
XI-2 Total expenses$594,554
XI-3 Revenue less expenses$49,336
XI-4 Net assets at start of year$79,379
XI-10 Net assets at end of year$128,715

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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