Overview
What is Early Learning Property Management Inc?
Early Learning Property Management Inc is a nonprofit organization based in Atlanta, Georgia. Its primary mission is to support early learning programs for disadvantaged youth in the state. They achieve this by purchasing or building facilities and leasing them at a lower-than-market rate to 501(c)(3) organizations, such as Head Start. As of December 31, 2022, the organization has completed eleven construction/renovation projects. These facilities provide affordable classrooms, enhancing the quality of education and nurturing programs for children from birth to five years old, primarily in disadvantaged neighborhoods. The organization's activities are centered around providing affordable classrooms, either through the purchase or lease and renovation/construction of facilities. They may also offer facilities through sales, direct financing leases, or development/construction agreements. As of the provided data, Early Learning Property Management Inc has leased the eleven completed projects, covering the costs of leasing, maintenance, and future capital improvements. The organization's workforce consists of two dedicated individuals.
Official website here: www.elpm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Early Learning Property Management Inc has achieved a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization scored 95% in its overall evaluation, with its score based entirely on the Accountability & Finance beacon. This high rating reflects the organization’s financial health and operational transparency, essential for gaining public trust and support.
The nonprofit boasts an impressive 100% independent board, ensuring unbiased governance. It also excels in critical financial metrics, such as a low liabilities-to-assets ratio of just 3.70% and a healthy program expense ratio of 81.28%, highlighting its effective allocation of resources towards its mission. Furthermore, there are no reported issues regarding conflicts of interest or asset diversion, reinforcing its credibility.
However, while the organization performs well in several areas, it received a lower score in fundraising efficiency, with a ratio of $0.002, which may indicate potential challenges in generating funds. Overall, Early Learning Property Management Inc demonstrates strong financial practices and governance, though there may be room for improvement in its fundraising strategies.
This AI summary has been generated from information found on Charity Navigator.
Is Early Learning Property Management Inc legitimate?
Early Learning Property Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Early Learning Property Management Inc 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: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,333
For more financial information, click here
Official website here: www.elpm.org
What is the mission statement of Early Learning Property Management Inc?
Early Learning Property Management Inc's mission is centered around providing high-quality early learning facilities for disadvantaged children, from birth to five years old. The organization accomplishes this by constructing or renovating learning centers in underprivileged areas. They then lease these facilities to 501(c)(3) organizations, such as Headstart, at below-market rates. This arrangement allows these non-profit early learning programs to operate affordably, thereby serving disadvantaged youth effectively. As of December 31, 2022, Early Learning Property Management Inc has completed eleven such projects. The lease payments cover not only the operational costs but also future capital improvements.
Official website here: www.elpm.org
Who is the CEO of Early Learning Property Management Inc?
David F Haddow is the Chairman of Early Learning Property Management Inc.
Official website here: www.elpm.org
What is the revenue of Early Learning Property Management Inc?
Early Learning Property Management Inc's revenue in 2022 was $2,392,427.
Official website here: www.elpm.org
Who are the executives of Early Learning Property Management Inc and what are their salaries?
The average compensation at Early Learning Property Management Inc during 2022 was $119,166. There are 2 employees at Early Learning Property Management Inc.
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- Compensation: $140,000
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- Other: $35,000
Official website here: www.elpm.org
Where can I find the form 990 for Early Learning Property Management Inc?
Early Learning Property Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elpm.org
Learn more at the official website: www.elpm.org
Mission Statement of Early Learning Property Management Inc
Early Learning Property Management Inc, a nonprofit organization, is committed to constructing high-quality early learning centers primarily in disadvantaged neighborhoods. Their mission is to provide nurturing and educational programs for children from birth to five years old who are in need. The organization accomplishes this by building or renovating facilities for early learning programs run by 501(c)(3) organizations, such as Headstart. Once the construction or renovation is complete, Early Learning Property Management leases these facilities at below-market rates to these organizations. This lease arrangement covers the costs of maintaining and improving the facilities, ensuring that the affordable classrooms remain available for the benefit of disadvantaged youth in Georgia.
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Impact
July, 2024
Early Learning Property Management Inc's impact is significant in providing affordable classrooms for early learning programs, particularly in disadvantaged neighborhoods in Georgia. By purchasing or building facilities for early learning programs run by 501(c)(3) organizations like Head Start, they are ensuring that children from birth through five years of age have access to high-quality education and nurturing programs. The organization's commitment to leasing these facilities at below-market rates to support the operations of these programs demonstrates their dedication to improving educational opportunities for disadvantaged youth. Through their efforts, Early Learning Property Management Inc is playing a vital role in supporting the development and growth of early learning initiatives in the community.
This information is meant to be a general summary of Early Learning Property Management Inc. 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: -$94,846
- Program Service Revenue: $1,340,268
- Gross Receipts: $3,360,395
Assets and Liabilities:
- Total Assets: $26,367,579
- Total Liabilities: $1,151,996
- Net Assets: $25,215,583
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEARNING CTR RENTAL
Revenue
$1,340,268
Organization Details
Founding Year
1999
Phone
(678) 377-1777Principal Officer
David F Haddow
Main Address
3715 NORTHSIDE PARKWAY NW 3-660, ATLANTA, GA, 30327
Website
www.elpm.orgNTEE Category
Code: L11 - Housing
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