EARLY LEARNING PROPERTY MANAGEMENT INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- EARLY LEARNING PROPERTY MANAGEMENT INC (EIN 58-2491036)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-24
- IRS object ID
- 202522059349301137
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-24T15:39:32-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1075 PEACHTREE STREET NE SUITE 1600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582491036 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EARLY LEARNING PROPERTY MANAGEMENT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EARL | BusinessNameControlTxt |
| Phone | 6783771777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3715 NORTHSIDE PARKWAY NW 3-660 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES W BEATY JR | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 6783771777 | PhoneNum |
| Signature | 2025-06-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 4042090954 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KARA PORTNELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3715 NORTHSIDE PARKWAY NW 3-660 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,492,005 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ELPM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE AFFORDABLE CLASSROOMS FOR EARLY LEARNING PROGRAMS HELPING DISADVANTAGED YOUTH IN GEORGIA THROUGH THE PURCHASE OR LEASE AND RENOVATION OR CONSTRUCTION OF CLASSROOM FACILITIES. THE FACILITIES ARE LEASED AT A BELOW-MARKET RATE TO EARLY LEARNING PROGRAMS, SUCH AS HEADSTART, THAT ARE 501(C)(3) ORGANIZATIONS. FACILITIES MAY ALSO BE PROVIDED TO EARLY LEARNING PROGRAMS THROUGH SALES, DIRECT FINANCING LEASES, OR DEVELOPMENT/CONSTRUCTION AGREEMENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,576,516 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,565,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,503,067 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,386,819 | CYProgramServiceRevenueAmt |
| PY Investment Income | $332,657 | PYInvestmentIncomeAmt |
| CY Investment Income | $375,040 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,500 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,413,740 | PYTotalRevenueAmt |
| CY Total Revenue | $4,326,859 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $921,532 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,372,073 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $357,142 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $454,037 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,563,667 | PYOtherExpensesAmt |
| CY Other Expenses | $1,567,101 | CYOtherExpensesAmt |
| PY Total Expenses | $2,842,341 | PYTotalExpensesAmt |
| CY Total Expenses | $3,393,211 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $571,399 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $933,648 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $27,345,056 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,811,622 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,011,942 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $959,683 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,333,114 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $27,851,939 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO TRANSFORM EARLY CHILDHOOD DEVELOPMENT IN UNDERSERVED COMMUNITIES BY BUILDING AND MAINTAINING HIGH QUALITY, SAFE FACILITIES AND ENHANCING EXISTING CENTERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,368,074 | ExpenseAmt |
| Revenue | $1,386,819 | RevenueAmt |
| Desc | THE ORGANIZATION PERFORMS TWO RELATED FUNCTIONS. THE FIRST IS TO PURCHASE OR BUILD FACILITIES FOR EARLY LEARNING PROGRAMS RUN BY 501(C)(3) ORGANIZATIONS, SUCH AS HEADSTART. AS OF DECEMBER 31, 2024, THE ORGANIZATION HAS COMPLETED ELEVEN CONSTRUCTION/RENOVATION PROJECTS. UPON COMPLETION OF THE CONSTRUCTION/RENOVATION, THE PROPERTIES ARE LEASED AT A BELOW-MARKET RENT TO 501(C)(3) ORGANIZATIONS WHICH PROVIDE EARLY LEARNING PROGRAMS. SUCH RENT COVERS THE COSTS OF LEASING AND MAINTAINING THE FACILITIES AS WELL AS FUTURE CAPITAL IMPROVEMENTS. AS OF DECEMBER 31, 2024, THE ORGANIZATION HAS LEASED THE ELEVEN COMPLETED PROJECTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,357,019 | ExpenseAmt |
| Grant | $1,357,019 | GrantAmt |
| Desc | DURING 2021, THE ORGANIZATION BEGAN A NEW PROGRAM, QUALITY FACILITIES INITIATIVE, AND COLLABORATED WITH GEEARS, THE GEORGIA EARLY EDUCATION ALLIANCE FOR READY STUDENTS, INC. IN ITS PAACT PROGRAM TO HELP EARLY CHILDHOOD EDUCATION PROVIDERS IMPROVE THE QUALITY OF EARLY LEARNING ENVIRONMENTS BY MAKING GRANTS AVAILABLE FOR SMALL CAPITAL AND MAINTENANCE PROJECTS FOR EXISTING EARLY LEARNING FACILITIES. THE ORGANIZATION WILL USE ITS EXTENSIVE KNOWLEDGE REGARDING THE CONSTRUCTION/RENOVATION OF EARLY LEARNING FACILITIES TO OVERSEE THE CAPITAL AND MAINTENANCE PROJECTS ON BEHALF OF THE GRANT RECIPIENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,054 | ExpenseAmt |
| Grant | $15,054 | GrantAmt |
| Desc | THE SIBLEY GRANT IS A COMPETITION BETWEEN ONLY THE ELPM CENTERS AS DEEMED BY THE ORIGINAL GIFTING FUNDERS: THE HARLAND FOUNDATION ($100,000) AND THE PITTULLOCH FOUNDATION ($100,000). EACH YEAR THE ELPM CENTERS COMPETE FOR THIS GRANT TO INTRODUCE A NEW PROGRAM TO THEIR EXISTING PROGRAM SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,740,147 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARA PORTNELL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6783771777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3715 NORTHSIDE PARKWAY NW SUITE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JIM BEATY | ||||||||
| CHAIRMAN (START 6/30/2024) | 0.10 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID HADDOW | ||||||||
| CHAIRMAN (THRU 6/30/2024) | 0.10 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVE MATHEWS | ||||||||
| FINANCE COMMITTEE CHAIR | 0.10 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDRICK HARRIS | ||||||||
| SECRETARY | 0.10 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| AUDREY IDAIKKADAR | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DELILAH WYNN-BROWN | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLYN COCHRAN | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GAIL EDWARDS | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JERE SMITH | ||||||||
| TRUSTEE (THRU 6/30/2024) | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK SUTTON | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY PAT CROUCH | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| YOLANDA MARROQUIN | ||||||||
| TRUSTEE | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BANK HIPP | ||||||||
| TRUSTEE (THRU 6/30/2024) | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DONATA RUSSELL ROSS | ||||||||
| TRUSTEE (THRU 6/30/2024) | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KARA PORTNELL | ||||||||
| EXECUTIVE DIRECTOR | 50.00 | 0.00 | Yes (X) | $162,666 | $0 | $40,666 | ||
| MICHAEL LUNTSFORD | ||||||||
| PROJECT MANAGER/BUILDING OPERATIONS | 40.00 | 0.00 | $110,591 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $273,257 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $40,666 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BANNER SERVICES GROUP LLC | |||||
| 191 JEANETTE STREET | CANTON | GA | 30114 | GENERAL CONTRACTOR | $610,046 |
| MAXAIR MECHANICAL | |||||
| 814 LIVINGSTON COURT | MARIETTA | GA | 30067 | HVAC WORK | $402,304 |
| SITE SPECIALTIES | |||||
| PO BOX 333 | JERSEY | GA | 30018 | PLAYGROUND-CONTRACTOR | $383,773 |
| LEVEL CONSTRUCTION SRVCS INC | |||||
| 1731 COMMERCE DR NW STE 111 | ATLANTA | GA | 30318 | GENERAL CONTRACTOR | $371,846 |
| LANDSCAPE WORKSHOP | |||||
| 550 MONTGOMERY HIGHWAY STE 200 | VESTAVIA HILLS | AL | 35216 | LANDSCAPE | $125,488 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $1,900,000 | FederatedCampaignsAmt |
| All Other Contributions | $665,000 | AllOtherContributionsAmt |
| Total Contributions | $2,565,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEARNING CTR RENTAL | Desc |
| Business | 531120 | BusinessCd |
| Total Revenue Column | $1,386,819 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,386,819 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,386,819 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $283,122 | TotalRevenueColumnAmt |
| Exclusion | $283,122 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,257,064 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,165,146 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $91,918 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,918 | TotalRevenueColumnAmt |
| Exclusion | $91,918 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,326,859 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,386,819 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $375,040 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,372,073 | TotalAmt |
| Program Services | $1,372,073 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,332 | TotalAmt |
| Management And General | $203,332 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,459 | TotalAmt |
| Management And General | $200,459 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,467 | TotalAmt |
| Management And General | $22,467 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,779 | TotalAmt |
| Management And General | $27,779 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,625 | TotalAmt |
| Management And General | $83,625 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,301 | TotalAmt |
| Management And General | $32,301 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,516 | TotalAmt |
| Management And General | $7,516 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,684 | TotalAmt |
| Management And General | $2,684 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,953 | TotalAmt |
| Management And General | $37,953 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,571 | TotalAmt |
| Management And General | $11,571 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $702,574 | TotalAmt |
| Program Services | $702,574 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,266 | TotalAmt |
| Program Services | $113,642 | ProgramServicesAmt |
| Management And General | $16,624 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| REPAIRS & MAINTENANCE | $493,260 | $493,260 |
| CENTER RENTAL EXPENSE | $58,598 | $58,598 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,753 | TotalAmt |
| Management And General | $6,753 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,393,211 | TotalAmt |
| Program Services | $2,740,147 | ProgramServicesAmt |
| Management And General | $653,064 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,450,350 | BOYAmt |
| EOY | $6,459,003 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $250,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,442 | BOYAmt |
| EOY | $2,375 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $29,712,673 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,790,064 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,212,237 | BOYAmt |
| EOY | $13,922,609 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,852,834 | BOYAmt |
| EOY | $6,429,433 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $599,529 | BOYAmt |
| EOY | $620,854 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,196,664 | BOYAmt |
| EOY | $1,127,348 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,345,056 | BOYAmt |
| EOY | $28,811,622 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,197 | BOYAmt |
| EOY | $178,095 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,814 | BOYAmt |
| EOY | $175,226 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,560 | BOYAmt |
| EOY | $79,911 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $606,371 | BOYAmt |
| EOY | $526,451 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,011,942 | BOYAmt |
| EOY | $959,683 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,128,611 | BOYAmt |
| EOY | $22,236,403 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,204,503 | BOYAmt |
| EOY | $5,615,536 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,333,114 | BOYAmt |
| EOY | $27,851,939 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,345,056 | BOYAmt |
| EOY | $28,811,622 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $933,648 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $585,177 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,880 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,134,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,147,005 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,576,516 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,565,000 | CurrentTaxYearAmt |
| Total | $6,441,041 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,880 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,134,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,147,005 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,576,516 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,565,000 | CurrentTaxYearAmt |
| Total | $6,441,041 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $365,438 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,075,603 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $75,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $57,673 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $113,430 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $225,593 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $283,122 | CurrentTaxYearAmt |
| Total | $755,763 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $44,383 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $1,500 | CurrentTaxYearMinus1YearAmt |
| Total | $45,883 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,242,687 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $6,997,237 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.83890 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84980 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,764,124 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $356,149 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,120,273 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,443,030 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $321,094 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,764,124 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,864,137 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$421,107 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,443,030 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,581,170 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $282,967 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,864,137 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,266,663 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $314,507 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,581,170 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,933,326 | OtherCostOrOtherBasisAmt |
| Book Value | $1,933,326 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,438,743 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,689,391 | DepreciationAmt |
| Book Value | $8,749,352 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,264,388 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,130,895 | DepreciationAmt |
| Book Value | $3,133,493 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $999,909 | OtherCostOrOtherBasisAmt |
| Depreciation | $944,342 | DepreciationAmt |
| Book Value | $55,567 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $76,307 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,436 | DepreciationAmt |
| Book Value | $50,871 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,922,609 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSIT - WARSAW - ES | $4,616 |
| DEFERRED RENT LIABILITY | $521,835 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $526,451 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,919,535 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $585,177 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $39,800 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $624,977 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,294,558 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $32,301 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $32,301 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,326,859 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,400,710 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $39,800 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $39,800 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,360,910 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $32,301 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $32,301 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,393,211 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PERMANENTLY RESTRICTED NET ASSETS REPRESENT A $2,140,000 CONTRIBUTION THAT WAS INITIALLY PROVIDED BY A GRANTING AGENCY TO BE USED, ALONG WITH OTHER FUNDS, TO RENOVATE A CHILD CARE CENTER. UPON THE COMPLETION OF THE CHILD CARE CENTER THE FACILITY WAS SUBLEASED TO A CHILD DEVELOPMENT PROGRAM IN A DIRECT FINANCING LEASE TRANSACTION. IN ACCORDANCE WITH THE DONOR STIPULATION, A PORTION OF EACH LEASE PAYMENT IS TO BE SET ASIDE TO FUND A PERMANENT ENDOWMENT OF $2,140,000. IN ADDITION, THE DONOR HAS STIPULATED THAT THE INCOME FROM THE ENDOWMENT IS EXPENDABLE BEGINNING IN 2025, WHICH REPRESENTS 20 YEARS FROM THE DATE THE LEASE TRANSACTION WAS ENTERED INTO, TO SUPPORT CAPITAL EXPENDITURES FOR THE ORGANIZATION'S METROPOLITAN ATLANTA CHILD DEVELOPMENT CENTERS AND MAY BE UTILIZED AS COLLATERAL SHOULD THE NEED ARISE TO OBTAIN A BRIDGE LOAN FOR THE COMPLETION OF ANY THE ORGANIZATION'S PROJECTS. DURING THE YEAR ENDED DECEMBER 31, 2016, ALL AMOUNTS UNDER THE DIRECT FINANCING LEASE WERE PAID IN FULL AND THE PROCEEDS WERE UTILIZED TO FUND THE $2,140,000 PERMANENT ENDOWMENT. DURING THE YEAR ENDED DECEMBER 31, 2017, THE GRANTING AGENCY APPROVED THE RE-DESIGNATION OF $250,000 OF THE ENDOWMENT FROM PERMANENTLY RESTRICTED TO UNRESTRICTED TO FUND CAPITAL EXPENDITURES FOR THE GWINNETT DEVELOPMENT CENTER, WHICH REDUCED THE CORPUS OF THE ENDOWMENT TO $1,890,000. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. |
| PART X, LINE 2: | THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES; ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT BELIEVES THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2024. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (23 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|
| APEC PREP | ||||||||
| 1099 CASCADE RD | ATLANTA | GA | 30311 | $34,471 | $0 | QUALITY FACILITIES INITIATIVE | ||
| RIVER OAKES DAY CARE | ||||||||
| 5400 FLOYD RD SW | MABLETON | GA | 30126 | $81,002 | $0 | QUALITY FACILITIES INITIATIVE | ||
| LITTLE ONES LEARNING CENTER | ||||||||
| 993 FOREST AVE | FOREST PARK | GA | 30297 | $13,998 | $0 | QUALITY FACILITIES INITIATIVE | ||
| INNOVATIVE PLAYSKOOL | ||||||||
| 887 CONLEY RD | FOREST PARK | GA | 30297 | $35,612 | $0 | QUALITY FACILITIES INITIATIVE | ||
| TALIBAH BASIM | ||||||||
| 1317 ORMEWOOD AVENUE SE | ATLANTA | GA | 30316 | $39,101 | $0 | QUALITY FACILITIES INITIATIVE | ||
| LA KIDS ACADEMY | ||||||||
| 2705 FAVOR ROAD | MARIETTA | GA | 30060 | $64,974 | $0 | QUALITY FACILITIES INITIATIVE | ||
| PRIDE & JOY DAYCARE CENTER | ||||||||
| 2155 FOREST PKWY | MORROW | GA | 30260 | $84,589 | $0 | QUALITY FACILITIES INITIATIVE | ||
| EDUCATION STATION CHILDREN'S CORPORATION | ||||||||
| 4300 OLD JONESBORO ROAD | FOREST PARK | GA | 30297 | $76,026 | $0 | QUALITY FACILITIES INITIATIVE | 874054872 | 501(C)(3) |
| NEW ERA LEARNING CENTER | ||||||||
| 4640 HIRAM LITHIA SPRINGS RD | POWDER SPRINGS | GA | 30127 | $102,668 | $0 | QUALITY FACILITIES INITIATIVE | ||
| CATERPILLAR CLUBHOUSE | ||||||||
| 3840 NEW MACLAND ROAD | POWDER SPRINGS | GA | 30127 | $67,323 | $0 | QUALITY FACILITIES INITIATIVE | ||
| AMAZING LEARNING LAB | ||||||||
| 2031 SYLVAN RD | ATLANTA | GA | 30310 | $12,428 | $0 | QUALITY FACILITIES INITIATIVE | ||
| BRIGHT BEGINNING EARLY LEARNING CENTER | ||||||||
| 2545 BENJAMIN E MAYS DR | ATLANTA | GA | 30311 | $82,072 | $0 | QUALITY FACILITIES INITIATIVE | ||
| EARLY JOURNEY CHILD DEVELOPMENT CENTER | ||||||||
| 799 HUTCHENS RD SE | ATLANTA | GA | 30354 | $65,408 | $0 | QUALITY FACILITIES INITIATIVE | ||
| ICARE CHILD DEVELOPMENT CENTER | ||||||||
| 7 ANNISTON AVE | ATLANTA | GA | 30317 | $67,457 | $0 | QUALITY FACILITIES INITIATIVE | ||
| JAMBOREE EARLY LEARNING CENTER | ||||||||
| 195 FAIRBURN RD NW | ATLANTA | GA | 30331 | $87,083 | $0 | QUALITY FACILITIES INITIATIVE | ||
| KID'S TIME EARLY LEARNING CENTER | ||||||||
| 3089 CAMPBELLTON RD SW | ATLANTA | GA | 30331 | $79,995 | $0 | QUALITY FACILITIES INITIATIVE | ||
| MAGNIFICENT EARLY LEARNING CENTER I | ||||||||
| 3155 CUSHMAN CIR SW | ATLANTA | GA | 30311 | $26,899 | $0 | QUALITY FACILITIES INITIATIVE | ||
| NORTHEAST INTOWN YWCA | ||||||||
| 957 NORTH HIGHLAND AVENUE NORTHEAST | ATLANTA | GA | 30306 | $41,987 | $0 | QUALITY FACILITIES INITIATIVE | 580593442 | 501(C)(3) |
| OPEN ARMS LUTHERAN CHILD DEVELOPMENT CENTER OF BUCKHEAD | ||||||||
| 4000 ROSWELL RD NE | ATLANTA | GA | 30342 | $62,964 | $0 | QUALITY FACILITIES INITIATIVE | 582021623 | 501(C)(3) |
| WESTVIEW SCHOLARS | ||||||||
| 2143 MARTIN LUTHER KING JR DRIVE SW | ATLANTA | GA | 30310 | $77,565 | $0 | QUALITY FACILITIES INITIATIVE | ||
| THE APPLETON EARLY LEARNING CENTER | ||||||||
| 680 FAIRBURN RD SW | ATLANTA | GA | 30331 | $77,730 | $0 | QUALITY FACILITIES INITIATIVE | ||
| ANTWONG'S LEARNING ACADEMY | ||||||||
| 5956 OLD DIXIE HWY | FOREST PARK | GA | 30297 | $15,884 | $0 | QUALITY FACILITIES INITIATIVE | ||
| INSPIRATION STATION ACADEMY | ||||||||
| 1965 PLAZA LN SW | ATLANTA | GA | 30311 | $63,454 | $0 | QUALITY FACILITIES INITIATIVE | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 20 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SIBLEY AWARD: THE SIBLEY COMPETITION IS SOLELY BETWEEN THE ELPM CENTERS AND COMPETITION PROJECT SUBMITTALS FOLLOW AN ESTABLISHED RFP GUIDELINE PROCESS. ONCE PROJECTS ARE SUBMITTED, FOLLOWING THE ESTABLISHED PROCESS, A JUDGING PANEL, MADE UP OF LOCAL BUSINESS LEADERS, REVIEWS THE PROJECTS AND CHOOSES A WINNER. THE WINNING CENTER IS AWARDED $15,000 FOR THE SUBMITTED PROJECT AND FUNDS ARE TO BE UTILIZED FOR THE PROJECT IN THE FOLLOWING SCHOOL YEAR. A GRANT PROGRESS REPORT IS DUE TO ELPM APPROXIMATELY SIX (6) MONTHS FROM THE DATE OF RECEIVING THE GRANT FUNDS, FOLLOWED BY AN END OF GRANT CONCLUSION REPORT, WHICH IS DUE TWELVE (12) MONTHS/END OF SCHOOL YEAR FROM RECEIPT OF THE GRANT AWARD. THE END OF GRANT REPORT IS SUBMITTED ON A PREESTABLISHED TEMPLATE AND INCLUDES AN OUTLINE OF EXPENSES INCURRED UNDER THE GRANT. QUALITY FACILITIES INITIATIVE: THE QFI IS A COMPETITIVE GRANT PROCESS AWARDING GRANTS TO ELIGIBLE CHILDCARE PROGRAMS IN METRO ATLANTA SERVING CHILDREN FROM BIRTH TO FIVE YEARS OF AGE IN UNDERSERVED AREAS. CAPTURING ON ITS CONSTRUCTION EXPERTISE, ELPM IMPLEMENTS AND MANAGES ALL ASPECTS OF THE MAINTENANCE OR CAPITAL PROJECT ON BEHALF OF THE AWARDED CENTER. FUNDS ARE PAID DIRECTLY TO THE SERVICE PROVIDERS ENGAGED IN THE PROJECT SO ELPM ENSURES THE FUNDS ARE USED FOR THE INTENDED PURPOSES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KARA PORTNELL | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $152,666 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $10,000 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $40,666 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $203,332 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE EXECUTIVE DIRECTOR FORWARDS COPIES OF FORM 990 TO EACH OF THE BOARD MEMBERS TO REVIEW. THE BOARD DISCUSSES THE FORM 990 AT A BOARD MEETING AND ADDRESSES ANY COMMENTS AND/OR CHANGES TO THE FORM 990. THE BOARD APPROVES THE FORM 990 PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. FURTHERMORE, PERIODIC REVIEWS ARE CONDUCTED TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND ARE THE RESULTS OF ARM'S-LENGTH BARGAINING AND TO DETERMINE WHETHER THE POLICY HAS BEEN FOLLOWED OR IS IN NEED OF REVISION. ANY POTENTIAL CONFLICTS OF INTEREST ARE PRESENTED AT BOARD MEETINGS. THE PARTY INVOLVED IN THE POTENTIAL CONFLICT MAKES A PRESENTATION TO THE BOARD OF ALL RELEVANT FACTS AND THEN THE BOARD MEETS TO DISCUSS THE CONFLICT WITHOUT THE PARTY VOTING. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT EXISTS AND IF IT IS A PROHIBITED CONFLICT OF INTEREST. IF IT IS A PROHIBITED CONFLICT OF INTEREST, THE BOARD WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD CHAIR AND THE EXECUTIVE COMMITTEE CONDUCT AN ANNUAL COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR POSITION. ANY COMPENSATION ADJUSTMENTS ARE PROVIDED IN WRITING TO THE ACCOUNTING MANAGER, THE EXECUTIVE DIRECTOR, AND THE PAYROLL COMPANY. CONTROLS RELATED TO SEGREGATION OF DUTIES EXIST BETWEEN THE BOARD CHAIR, ACCOUNTING MANAGER, AND EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15B: NOT APPLICABLE AS THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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