Overview
What is Bounce Dc?
Bounce Dc, established as a 501(c)(3) supporting organization in 2009, is primarily dedicated to promoting high-quality early learning in the District of Columbia. It achieved this goal by constructing and developing a new Educare school, known as Educare DC, for at-risk young children. Bounce Dc has also provided significant financial, technical, and managerial support to this initiative, and in 2019, it assumed ownership of an equity investment fund involved in financing the project. This action led to the forgiveness of a substantial loan, resulting in a reduction to Bounce Dc's net assets in the subsequent fiscal year. With a single employee, this nonprofit organization remains committed to its mission of supporting early learning opportunities for underprivileged children in the District of Columbia.
Official website here: www.startearly.org
Is Bounce Dc legitimate?
Bounce Dc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bounce Dc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.startearly.org
What is the mission statement of Bounce Dc?
Bounce DC is organized with the primary objective of supporting high-quality early learning, specifically by establishing a new Educare school for at-risk young children. This is done in alignment with the mission of Start Early, an Illinois-based non-profit organization, which falls under the category of Section 501(c)(3) of the Internal Revenue Code. The corporation's purpose is to carry out the objectives of Start Early, as long as it maintains its status as a Section 501(c)(3) organization. In essence, Bounce DC works towards enhancing early learning opportunities for at-risk children, in accordance with the broader mission of Start Early.
Official website here: www.startearly.org
Who is the CEO of Bounce Dc?
Diana Rauner is the Secretary-Treasurer of Bounce Dc.
Official website here: www.startearly.org
What is the revenue of Bounce Dc?
Bounce Dc's revenue in 2022 was $3.
Official website here: www.startearly.org
Who are the executives of Bounce Dc and what are their salaries?
There is 1 employee and 2 volunteers at Bounce Dc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $266,987
- Other: $30,163
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.startearly.org
Where can I find the form 990 for Bounce Dc?
Bounce Dc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.startearly.org
Learn more at the official website: www.startearly.org
Mission Statement of Bounce Dc
Bounce DC, as a nonprofit organization, is committed to promoting high-quality early learning experiences for at-risk young children. To achieve this, Bounce DC develops and constructs an Educare school, specifically for children from birth to five years old. This mission aligns with the objectives of Start Early, another Illinois-based nonprofit, which Bounce DC supports. The primary goal of Bounce DC is to operate within the guidelines of Section 501(c)(3) of the Internal Revenue Code, ensuring its activities exclusively benefit Start Early and its mission of providing early childhood education.
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Impact
October, 2024
Bounce DC has made a significant impact on early childhood education in Washington, D.C. by developing and supporting high-quality learning environments for at-risk young children. The organization spearheaded the construction of Educare DC, an initiative designed to enhance educational opportunities for children from birth to age five. Through substantial financial, technical, and managerial support, Bounce DC has enabled the creation of a facility aimed at fostering early development and learning.
One of the critical aspects of Bounce DC’s impact involves its strategic financial decisions, such as providing a loan to the Educare DC NMTC Investment Fund, which facilitated financing through New Markets Tax Credits (NMTC). This initiative allowed for sustained investment in Educare DC, ensuring the delivery of quality educational experiences to vulnerable children in the region.
In 2019, Bounce DC navigated the complexities of the NMTC unwind process, resulting in the forgiveness of a significant note owed by Educare DC. This move not only alleviated financial burdens on Educare DC but also reinforced Bounce DC’s commitment to fostering educational growth for the children it serves. Overall, the efforts of Bounce DC contribute to a stronger foundation for early childhood education in D.C., laying vital groundwork for the future success of at-risk young learners in the community.
This information is meant to be a general summary of Bounce Dc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Gross Receipts: $3
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2009
Phone
(312) 922-3863Principal Officer
Diana Rauner
Main Address
CO Start Early 33 W Monroe 1200, Chicago, IL, 60603
Website
www.startearly.orgNTEE Category
Code: B21 - Education
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