2016-08-04T11:35:39-05:00 2015-09-30 450512128 Gibson LeClair LLC 150 Capitol Street Suite 3 Augusta ME 04330 990 2014-10-01 264176872 Educare Central Maine c/o Kennebec Valley Community Action Pro EDUC 2078591500 97 Water Street Waterville ME 04901 Mark Johnston CFO - KVCAP 2078591572 2016-08-01 Stephen L LeClair CPA P01370336 2076238401 2014 2016-12-15 16:53:06Z Laurie Lachance 97 Water Street Waterville ME 04901 644029 0 X www.educarecentralmaine.org X 2009 ME Education and developmental services to increase children's school-readiness. 5 1 0 0 0 0 1001220 160373 0 0 23282 95128 -15150 -53476 1009352 202025 23764 95058 0 0 0 0 0 0 0 60395 449411 84159 544469 925193 -342444 18775632 18150318 8832112 8549242 9943520 9601076 X Educare Central Maine will provide, model and/or extend high quality early care and education practices throughout Maine to young children, their families and communities to improve school readiness and close the achievement gap. 0 0 405268 95058 15 Operation of Educare Central Maine facility at 56 Drummond Avenue, Waterville to provide early childhood education services consistent with the organization's mission. 132802 Shared Services - This activity will support quality in all settings where children receive care and implement an innovative approach for management and leadership designed to support early childhood providers. The two overarching goals are: (1) reduce or share costs through joint purchasing, bulk buying, staff sharing, centralized administration or some combination of these, based on Early Childhood Education Program needs; and (2) shared capacity-building in program, administration, or both, through the use of common tools and systems, shared mentoring and supervision, and/or collaborative improvement processes.A shared services web platform (http://www.ecesharedresources.org) is a cornerstone of this project. This national platform is currently being customized to Maine's specifications.A second cornerstone of shared services supports formation of regional alliances to guide local solutions. Within Maine, regional alliances are in the early stages of development in some areas; in others the work has not commenced. 538070 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 1 0 1 1 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X Mark K Johnston CFO KVCAP 2078591572 97 Water Street Waterville ME 04901 X Laurie Lachance Chairperson 2.00 X X 0 0 0 Eric Haley Secretary 2.00 X 0 0 0 Bill Alfond Director 2.00 X 0 0 0 Michael Burke Director 2.00 X 0 0 0 Kathryn Colfer Director 2.00 X 0 0 0 0 0 0 0 0 0 0 0 160373 160373 95058 95058 138860 192351 -53491 -53491 -53491 249723 249653 70 70 70 General refunds and re 611710 15 15 15 202025 15 0 41637 X 95058 95058 285 285 3880 3880 428400 426800 1600 6031 6031 1611 1611 3231 3231 5339 5339 Bank service charges 354 354 Brokerage fees 240 240 Licenses and fees 40 40 544469 538070 6399 0 341808 156405 855347 819998 9505755 9505755 10138 35102 8490479 857421 7813413 7633058 249171 0 18775632 18150318 121662 75781 8710450 8473461 8832112 8549242 X 9943520 9601076 9943520 9601076 18775632 18150318 -342444 0 X 0 0 0 X 8908951 100990 529359 1001220 160370 10700890 8908951 100990 529359 1001220 160370 10700890 10700890 9167 52018 95058 23764 41566 221573 10922463 0.97970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8128905 641585 7487320 361574 215836 145738 7633058 1 Kennebec Valley Community Action Program 97 Water Street Waterville ME 04901 010277678 501(c)(3) 95058 Actual Cash Value Support of educational programs operated by KVCAP consistent with the goals of Educare. 1 Part I, Line 2: The Board of Directors approves all grant awards by motions voted in their meetings and which are reflected in the written minutes. All awards are considered in detail for compliance with the mission and goals of the organization. Kennebec Valley Community Action Program The organization is one of the four members of the Board of Directors 31000 KVCAP provided educational and administrative services to Educare Central Maine as unpaid support which was not included as either revenues or expenses in the financial records. The amount of the transaction is a reasonable estimate of the fair value of the services. 0 Kennebec Valley Community Action Program The organization is one of the four members of the Board of Directors 523458 KVCAP was paid two amounts, both included on 990 Part IX, as support to the educational program activities which KVCAP operates. One amount for $428,400 (Part IX, line 11g) was paid for Shared Services and Common School Readiness, and another amount, $95,058 (Part IX, line 1) was paid as a Donation. 0 Form 990, Part VI, Section A, line 3 The organization entered into an agreement with Kennebec Valley Community Action Program, an unrelated 501(c)(3) organization to operate the Educare Central Maine building as an early childhood education program according to formal protocols. Under this agreement, KVCAP will be responsible for the recruitment of children, maintenance of curriculum and assessments, staff credentialing, staff training, funding and all other aspects of the operation of the program. Form 990, Part VI, Section A, line 4 The governing bylaws were changed to clarify the status of the Program Development Committee as a standing committee of the Board and to incorporate the change of the fiscal year of the organization. The new fiscal year begins October 1 and ends the following September 30. Form 990, Part VI, Section A, line 6 The organization has two Founding Members: Kennebec Valley Community Action Corporation, and the Board of Education of the Waterville Public Schools. In addition, the organization has two members representing the Major Supporters: the Bill and Joan Alfond Foundation, and the Buffett Early Childhood Fund. The four members are referred to as the Original Directors". Form 990, Part VI, Section A, line 7a The four Original Directors have the authority to elect, from time to time, the other five Directors of the Corporation based upon recommendations made to them by one or more Founding Members. Form 990, Part VI, Section B, line 11 The Board of Directors is provided a draft copy of the return prior to filing for its review and approval. The return is filed only after that approval is given. Form 990, Part VI, Section B, line 12c Each member of the governing board must annually complete a written statement of disclosure for conflicts of interest. The statement requires details of transactions, compensation arrangements or relationships with entities with which Educare has any type of educational dealings. Form 990, Part VI, Section C, line 19 The Form 1023 and Form 990 are available for public inspection upon request at the administrative offices of Kennebec Valley Community Action Program, Waterville, Maine. Form 990, Part IX, line 11g Education - Shared services contract: Program service expenses 116,590. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,590. Education - Continuity & scholarships: Program service expenses 250,210. Management and general expenses 0. Fundraising expenses 0. Total expenses 250,210. Education - General program: Program service expenses 60,000. Management and general expenses 1,600. Fundraising expenses 0. Total expenses 61,600.