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.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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 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
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
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
$23K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$723K
+12% vs prior year
Spent
$615K
To programs
95%
Net assets
$237K
By yearFY2021–FY2024
Revenue
$723K
FY2023▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2021$598K
FY2022$644K
FY2023$723K
FY2024$595K
Expenses
$615K
FY2023▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2021$565K
FY2022$595K
FY2023$615K
FY2024$551K
Net assets
$237K
FY2023▲ +84%
Tap a bar for its year
Net assets by fiscal year
FY2021$79K
FY2022$129K
FY2023$237K
FY2024$281K

From the FY2023 Form 990 · 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 Nov 2021.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $583K Management & general 4% · $27K Fundraising 1% · $5K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

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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 · $583K · in their own filed words · FY2023
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…

$583Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$723K
Ln 12
Fees for servicesLn 2g$678K
Gifts and grantsLn 1h$44K
Money outPt IX
$615K
Ln 25
Programscol B$583K
Managementcol C$27K
Fundraisingcol D$5K
Owns and owesPt X
$237K
net assets · Ln 32
Cash and savingsLn 1–2$246K
Total assetsLn 16$259K
LiabilitiesLn 26$23K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$44K
Government grantsLn 1e$37K
Fees for servicesLn 2g$678K
Total revenueLn 12$723K
Assets in detailPt X, end of year
CashLn 1$246K
Cash and savings togetherLn 1–2$246K
Land, buildings, equipmentLn 10c$436
Total assetsLn 16$259K
LiabilitiesLn 26$23K
Net assetsLn 32$237K
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 FY23End FY23
Cash and savingsLn 1–2$131K$246K
Land, buildings, equipmentLn 10c$533$436
Total assetsLn 16$154K$259K
LiabilitiesLn 26$25K$23K
Net assetsLn 32$129K$237K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$452K$430K$18K$5K
Other employee benefitsLn 9$11K$11K$453$113
Payroll taxesLn 10$41K$39K$2K$413
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$362$362
Office expensesLn 13$3K$3K
OccupancyLn 16$48K$47K$1K$240
Depreciation, depletion and amortizationLn 22$97$97
InsuranceLn 23$6K$6K$139$29
Other expenses (24a–d)Ln 24$48K$47K$240$50
Total functional expensesLn 25$615K$583K$27K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $595K$551K$44K$281K 990 PDF
FY2023 Viewing $723K$615K$108K$237K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $722,909 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $46,392$44,447
I-9 Program service revenuePrior year $597,498$678,462
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $643,890$722,909
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 $498,607$504,725
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $95,947$110,351
I-18 Total expensesPrior year $594,554$615,076
I-19 Revenue less expensesPrior year $49,336$107,833
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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 $722,909 across 5 lines filed
VIII-1e Government grants$37,008
VIII-1f All other contributions, gifts and grants$7,439
VIII-1h Total contributions, gifts and grants$44,447
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $678,462$678,462
VIII-12 Total revenueRelated to mission $678,462 · Unrelated business $0 · Excluded from tax $0$722,909
Part IX · Statement of functional expenses $615,076 across 11 lines filed
IX-7 Other salaries and wagesPrograms $429,535 · Management $18,086 · Fundraising $4,521$452,142
IX-9 Other employee benefitsPrograms $10,751 · Management $453 · Fundraising $113$11,317
IX-10 Payroll taxesPrograms $39,203 · Management $1,650 · Fundraising $413$41,266
IX-11b Legal feesManagement $3,946$3,946
IX-11c Accounting feesManagement $1,425$1,425
IX-12 Advertising and promotionPrograms $362$362
IX-13 Office expensesPrograms $2,991$2,991
IX-16 OccupancyPrograms $46,691 · Management $1,154 · Fundraising $240$48,085
IX-22 Depreciation, depletion and amortizationPrograms $97$97
IX-23 InsurancePrograms $5,636 · Management $139 · Fundraising $29$5,804
IX-24 Other expenses (24a–d)Programs $47,351 · Management $240 · Fundraising $50$47,641
IX-25 Total functional expensesPrograms $582,617 · Management $27,093 · Fundraising $5,366$615,076
Part X · Balance sheet $259,156 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $131,394$246,300
X-4 Accounts receivableStart of year $11,738$12,420
X-10c Land, buildings and equipment, netStart of year $533$436
X-16 Total assetsStart of year $153,665$259,156
X-17 Accounts payable and accrued expensesStart of year $24,950$22,108
X-25 Other liabilitiesStart of year $0$500
X-26 Total liabilitiesStart of year $24,950$22,608
X-27 Net assets without donor restrictionsStart of year $128,715$236,548
X-32 Total net assets or fund balancesStart of year $128,715$236,548
X-33 Total liabilities and net assetsStart of year $153,665$259,156
Part XI · Reconciliation of net assets $236,548 net assets at year end
XI-1 Total revenue$722,909
XI-2 Total expenses$615,076
XI-3 Revenue less expenses$107,833
XI-4 Net assets at start of year$128,715
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$236,548

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

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