Pediatric Learning Center INC FY2024 filing

Tax-deductible

Millington, TN501(c)(3)Since 2022EducationEIN 92-0779249Revenue $269K in FY2024

On file with the IRSplcmemphis.org8496 Wilkinsville Rd Ste 101-128 Su, 38053-1556 · Millington, TNTax-exempt since May 2023School — 170(b)(1)(A)(ii)

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The mission of plc is to provide a comprehensive, evidence-based team approach to therapy, education and intervention that allows for collaboration with community partners while focusing on services for children and their families in a family centered-environment. Our services include physical therapy, speech therapy, occupational therapy, feeding programs and some group programs.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$40K 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

FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $117K a year · 17% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$40K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$50K
78% of total assets
Worth a look: liabilities are 78% of assets; over 65%.
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
$269K
+432% vs prior year
Spent
$273K
To programs
95%
Net assets
$14K
By yearFY2023–FY2025
Revenue
$269K
FY2024▲ +432%
Tap a bar for its year
Revenue by fiscal year
FY2023$51K
FY2024$269K
FY2025$1.1M
Expenses
$273K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2023Not on file
FY2024$273K
FY2025$877K
Net assets
$14K
FY2024▼ -23%
Tap a bar for its year
Net assets by fiscal year
FY2023$18K
FY2024$14K
FY2025$252K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2023.

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% · $259K Management & general 4% · $11K Fundraising 1% · $3K

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

5 people listed on the 990; $40K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$39,950Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Elizabeth Kraus’s $47K as Executive Director is at the 6th percentile of top reported officer pay among 3395 $1–10M 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

NameFY2025FY2024
Elizabeth Kraus$47,210$39,950

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 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Empowering children with developmental delays through therapy, education, and support.

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Provided by the organization

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1 program · $259K · in their own filed words · FY2023
01

The pediatric learning center provides comprehensive educational and therapeutic services to children with special needs, including those with developmental disabilities, learning challenges, and medical conditions

$259Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$269K
Ln 12
Fees for servicesLn 2g$236K
Gifts and grantsLn 1h$30K
Other incomeLn 4–11$2K
Money outPt IX
$273K
Ln 25
Programscol B$259K
Managementcol C$11K
Fundraisingcol D$3K
Owns and owesPt X
$14K
net assets · Ln 32
Cash and savingsLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$50K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Government grantsLn 1e$20K
Fees for servicesLn 2g$236K
Other incomeLn 4–11$2K
Total revenueLn 12$269K
Assets in detailPt X, end of year
CashLn 1$64K
Cash and savings togetherLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$50K
Net assetsLn 32$14K
OperationsPt I, VI
EmployeesI 526
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$6K$64K
Total assetsLn 16$18K$64K
LiabilitiesLn 26$0$50K
Net assetsLn 32$18K$14K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$41K$35K$4K$2K
Other salaries and wagesLn 7$183K$183K
Payroll taxesLn 10$17K$17K$315$158
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$725$725
Information technologyLn 14$6K$6K
TravelLn 17$12K$12K
InterestLn 20$188$188
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$5K$4K$1K
All other expensesLn 24e$1K$935$160
Total functional expensesLn 25$273K$259K$11K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$877K$238K$252K 990 PDF
FY2024 Viewing $269K$273K−$4K$14K 990 PDF
FY2023 $51K$18K 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 FY2024 990 (6 parts)
Part I · Summary $268,794 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $26,500$30,000
I-9 Program service revenuePrior year $24,018$236,358
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$2,436
I-12 Total revenuePrior year $50,518$268,794
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 $18,624$241,586
I-16a Professional fundraising feesPrior year $475$0
I-17 Other expensesPrior year $13,290$31,307
I-18 Total expensesPrior year $32,389$272,893
I-19 Revenue less expensesPrior year $18,129−$4,099
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $268,794 across 6 lines filed
VIII-1e Government grants$20,000
VIII-1f All other contributions, gifts and grants$10,000
VIII-1h Total contributions, gifts and grants$30,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $236,358$236,358
VIII-8 Net income from fundraising eventsExcluded from tax $2,436$2,436
VIII-12 Total revenueRelated to mission $236,358 · Unrelated business $0 · Excluded from tax $2,436$268,794
Part IX · Statement of functional expenses $272,893 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $34,944 · Management $4,111 · Fundraising $2,055$41,110
IX-7 Other salaries and wagesPrograms $183,328$183,328
IX-10 Payroll taxesPrograms $16,675 · Management $315 · Fundraising $158$17,148
IX-11c Accounting feesManagement $4,775$4,775
IX-12 Advertising and promotionFundraising $725$725
IX-14 Information technologyPrograms $5,782$5,782
IX-17 TravelPrograms $11,900$11,900
IX-20 InterestManagement $188$188
IX-23 InsurancePrograms $1,481$1,481
IX-24 Other expenses (24a–d)Programs $4,288 · Management $1,073$5,361
IX-24e All other expensesPrograms $935 · Management $160$1,095
IX-25 Total functional expensesPrograms $259,333 · Management $10,622 · Fundraising $2,938$272,893
Part X · Balance sheet $64,030 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $5,614$64,030
X-4 Accounts receivableStart of year $12,515$0
X-16 Total assetsStart of year $18,129$64,030
X-26 Total liabilitiesStart of year $0$50,000
X-27 Net assets without donor restrictionsStart of year $18,129$14,030
X-32 Total net assets or fund balancesStart of year $18,129$14,030
X-33 Total liabilities and net assetsStart of year $18,129$64,030
Part XI · Reconciliation of net assets $14,030 net assets at year end
XI-1 Total revenue$268,794
XI-2 Total expenses$272,893
XI-3 Revenue less expenses−$4,099
XI-4 Net assets at start of year$18,129
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$14,030

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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