Overview
What is Early Learning Coalition Of Lake County Inc?
The Early Learning Coalition of Lake County Inc is a nonprofit organization located at 1300 Citizens Blvd 206, Leesburg, Florida, 34748. They provide subsidized child care for income-eligible and at-risk children in Lake County through contracts with 101 child care providers. With a team of 32 employees, their mission is to collaborate with parents, early childhood professionals, and the community to offer the highest quality early learning programs. By educating and supporting these groups, they aim to make a positive impact on young children's development. In the 2021-2022 fiscal year, they served 2,963 unduplicated children.
Official website here: www.elclc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Early Learning Coalition of Lake County Inc has achieved a Three-Star rating from Charity Navigator, which reflects a solid performance in accountability and finance. The organization has demonstrated effective governance, with 100% of its board members being independent, ensuring that decision-making is free from conflicts of interest. The high program expense ratio of 97.61% indicates that a significant portion of their funds is directed toward mission-related activities.
Strengths of the organization include a strong financial oversight framework, as evidenced by comprehensive audits and various policies in place, such as conflict of interest and whistleblower protections. The organization maintains transparency by listing its website on tax forms and providing detailed board meeting minutes, contributing to a trustful relationship with donors and the community.
While the overall score is commendable, the rating is based solely on the accountability and finance beacon, indicating that other aspects, such as program effectiveness and impact, were not evaluated. As such, while the financial integrity is strong, potential donors and beneficiaries may wish to seek more information about the program's outcomes and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Early Learning Coalition Of Lake County Inc legitimate?
Early Learning Coalition Of Lake County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Early Learning Coalition Of Lake County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,453,080
For more financial information, click here
Official website here: www.elclc.org
What is the mission statement of Early Learning Coalition Of Lake County Inc?
The Early Learning Coalition of Lake County Inc is dedicated to providing the highest quality early learning programs for children. They aim to achieve this by educating and supporting parents, early childhood professionals, and the community as they collaborate on this mission. The coalition prioritizes the needs of income eligible and at-risk children, offering subsidized child care through contracted services with local child care providers. In the 2021-2022 fiscal year, they successfully served 2,963 unduplicated children through these collaborative efforts.
Official website here: www.elclc.org
Who is the CEO of Early Learning Coalition Of Lake County Inc?
Be Thompson is the Chairman of Early Learning Coalition Of Lake County Inc.
Official website here: www.elclc.org
What is the revenue of Early Learning Coalition Of Lake County Inc?
Early Learning Coalition Of Lake County Inc's revenue in 2022 was $22,550,312.
Official website here: www.elclc.org
Who are the executives of Early Learning Coalition Of Lake County Inc and what are their salaries?
The average compensation at Early Learning Coalition Of Lake County Inc during 2022 was $45,409. There are 32 employees and 23 volunteers at Early Learning Coalition Of Lake County Inc.
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Official website here: www.elclc.org
Where can I find the form 990 for Early Learning Coalition Of Lake County Inc?
Early Learning Coalition Of Lake County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elclc.org
Learn more at the official website: www.elclc.org
Mission Statement of Early Learning Coalition Of Lake County Inc
The Early Learning Coalition of Lake County Inc is a dedicated organization with a mission to educate and support parents, early childhood professionals, and the community as they work together to provide top-quality early learning programs for children. Through collaborative efforts, this coalition strives to enhance the development and well-being of income-eligible and at-risk children by offering subsidized child care services via contracted agreements with child care providers in Lake County.
In the 2021-2022 fiscal year, the coalition contracted with 101 providers and served 2,963 unduplicated children, making a significant impact on the youngest members of their community. By investing in the early education of children, the coalition aims to lay a strong foundation for their future growth and success. Their commitment to excellence extends beyond the classroom, as they also support and empower parents and early childhood professionals through various educational and collaborative initiatives.
The Early Learning Coalition of Lake County Inc plays an essential role in promoting the highest standards of early learning programs. By fostering partnerships between parents, professionals, and the community, this organization is making a difference in the lives of countless children, laying the groundwork for a brighter future.
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Impact
October, 2024
The Early Learning Coalition of Lake County Inc plays a vital role in enhancing early childhood education and support within the community. By educating and empowering parents, early childhood professionals, and the broader community, the Coalition fosters a collaborative environment aimed at providing high-quality early learning programs.
In the fiscal year 2021-2022, the Coalition significantly impacted local families by serving 2,963 unduplicated children through subsidized child care in partnership with 101 contracted providers. This initiative specifically targets income-eligible and at-risk children, ensuring that those who need it most have access to essential early learning resources.
Through its commitment to education and support, the Coalition not only strengthens individual families but also contributes to the overall development and well-being of the community in Lake County, Florida.
This information is meant to be a general summary of Early Learning Coalition Of Lake County 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: $93
- Program Service Revenue: $251,934
- Gross Receipts: $22,550,312
Assets and Liabilities:
- Total Assets: $2,664,535
- Total Liabilities: $2,420,228
- Net Assets: $244,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MATCHING REVENUE
Revenue
$129,027
HELP ME GROW FEDERAL GRANT
Revenue
$122,907
Organization Details
Founding Year
2000
Phone
(352) 435-0566Principal Officer
Be Thompson
Main Address
1300 CITIZENS BLVD 206, LEESBURG, FL, 34748
Website
www.elclc.orgNTEE Category
Code: B012 - Education
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