Yeled V Yalda Early Childhood Center Inc
- Assets
- $96.8m
- Revenue
- $136.2m
- Investments
- $0.0
- Employees
- 2,657
- Location
- Brooklyn, NY
- Founding
- 07/1997
- Data as of
- 06/2021
- EIN
- 11-3050340
Organization Overview
Yeled V Yalda Early Childhood Center Inc is located in Brooklyn, NY. The organization was established in 1997. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Yeled V Yalda Early Childhood Center Inc employed 2,657 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeled V Yalda Early Childhood Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Yeled V Yalda Early Childhood Center Inc generated $136.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $125.2m during the year ending 06/2021. While expenses have increased by 6.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yeled V Yalda Early Childhood Center Inc has awarded 129 individual grants totaling $4,689,311. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILDREN FROM LOW INCOME FAMILIES WITH A HIGH-QUALITY PRESCHOOL EDUCATION BY FOCUSING ON THE WHOLE CHILD AND THE FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EDUCATION - THE SPECIAL EDUCATION PROGRAMS CONSIST OF THE FOLLOWING COMPONENTS: AN EARLY INTERVENTION PROGRAM, WHICH IS FUNDED BY THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE, PROVIDES SERVICES TO INFANTS/TODDLERS SUSPECTED OF HAVING DEVELOPMENTAL DELAYS. PROGRAM PERSONNEL PROVIDE APPROPRIATE EVALUATIONS, THERAPIES FOR THE CHILDREN AND SERVICE COORDINATION FOR FAMILIES TO ENSURE THAT PROPER SUPPORT IS PROVIDED TO THE CHILD AND FAMILY. A SPECIAL EDUCATION PROGRAM, WHICH IS FUNDED BY THE NEW YORK CITY DEPARTMENT OF EDUCATION, PROVIDES SERVICES TO CHILDREN BETWEEN THE AGES OF 3 AND 5 WHO ARE SUSPECTED OF HAVING DEVELOPMENTAL DELAYS. THIS PROGRAM PROVIDES A HOST OF THERAPIES. THE RANGE OF THERAPIES CURRENTLY BEING PROVIDED ARE SPECIAL EDUCATION ITINERANT TEACHER SERVICES (SEIT), SPEECH AND LANGUAGE PATHOLOGY, AUDIOLOGY, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, COUNSELING, SOCIAL WORK AND HEALTH PARAPROFESSIONAL. IN ADDITION, YVY PROVIDES RELATED SERVICES TO CHILDREN AGES 5-21. THESE CHILDREN ARE REFERRED TO OUR PROGRAM THROUGH THE NEW YORK CITY BOARD OF EDUCATION COMMITTEE OF SPECIAL EDUCATION (CSE).
HEADSTART - YELED V' YALDA'S DIRECT GRANTEE HEAD START PROGRAMS SERVICE CHILDREN THREE TO FIVE YEARS OLD AND ARE DESIGNED TO GIVE INCOME ELIGIBLE CHILDREN A QUALITY PRESCHOOL EDUCATIONAL EXPERIENCE. YVY'S EARLY HEAD START PROGRAM IS FUNDED BY THE FEDERAL GOVERNMENT TO SERVICE EXPECTANT MOMS AND INFANTS AND TODDLERS AGES 0-3 YEARS. HEAD START AND EARLY HEAD START PROGRAMS OFFER THE CORE EDUCATIONAL SERVICES ASSOCIATED WITH THE PROGRAM, AS WELL AS SPECIAL NEEDS SCREENING AND FOLLOW-UPS, MEDICAL NEEDS SCREENING AND TRACKING AND OTHER SOCIAL SERVICE SUPPORTS TO THE CHILD AND FAMILY.
THE INSURANCE PROGRAM PROVIDES THERAPEUTIC BEHAVIORAL HEALTH INTERVENTION TO CHILDREN WITH AN AUTISM SPECTRUM DISORDER (ASD) DIAGNOSIS. BEHAVIORAL HEALTH INTERVENTION INCLUDES ASSESSMENT, TREATMENT PLANNING, SUPERVISION, DIRECT CARE AND SOCIAL SKILLS GROUP THERAPEUTICAL SERVICES. PAYMENT FOR SERVICES ARE RENDERED BY MEDICAL INSURANCE CARRIERS FOR COVERED INDIVIDUALS' MEDICAL EXPENSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Graus Lba | 35 | $325,930 | |
Mendel Brachfeld Lba | 35 | $286,523 | |
Batsheva Werner Lba | 35 | $217,142 | |
Mina Sputz Director Of Disabilities | Officer | 35 | $205,155 |
Solomon Igel CEO | Officer | 35 | $193,047 |
Pessy Stefansky Lba | 35 | $190,850 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ichud Staffing Agency | 6/29/21 | $1,811,042 |
Greenwood Management Care Renovatio Construction | 6/29/21 | $502,475 |
Yeshiva Machzikei Hadas Of Boro Par Staffing Agency | 6/29/21 | $1,004,240 |
Mbh Services Llc Insurance Billing | 6/29/21 | $824,717 |
Darkei Services Staffing Agency | 6/29/21 | $580,155 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,232,904 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,232,904 |
| Total Program Service Revenue | $93,531,017 |
| Investment income | $28,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $529,765 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,246,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $967,400 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,171,473 |
| Compensation of current officers, directors, key employees. | $207,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,926,807 |
| Pension plan accruals and contributions | $412,506 |
| Other employee benefits | $5,952,861 |
| Payroll taxes | $6,324,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $282,356 |
| Fees for services: Accounting | $141,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,940,465 |
| Advertising and promotion | $0 |
| Office expenses | $4,734,526 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,249,980 |
| Travel | $188,497 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $358,440 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,619,638 |
| Insurance | $600,092 |
| All other expenses | $0 |
| Total functional expenses | $125,202,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,989 |
| Savings and temporary cash investments | $11,533,717 |
| Pledges and grants receivable | $2,140,223 |
| Accounts receivable, net | $38,216,579 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,300 |
| Net Land, buildings, and equipment | $44,714,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $214,510 |
| Total assets | $96,847,974 |
| Accounts payable and accrued expenses | $13,638,871 |
| Grants payable | $0 |
| Deferred revenue | $712,658 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $34,561,658 |
| Unsecured mortgages and notes payable | $10,000,000 |
| Other liabilities | $1,686,791 |
| Total liabilities | $60,599,978 |
| Net assets without donor restrictions | $36,247,996 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $96,847,974 |
Grants Awarded
Over the last fiscal year, Yeled V Yalda Early Childhood Center Inc has awarded $962,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $183,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $76,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $70,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $63,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $61,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $51,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Yeled V Yalda Early Childhood Center Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Chesed Global Foundation Inc Brooklyn, NY PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yeled V Yalda Early Childhood Center Inc Brooklyn, NY | $96,847,974 | $136,246,936 |
Alliance For Community Empowerment Inc Bridgeport, CT | $16,278,594 | $27,495,341 |
Scus Head Start Programs Inc Fairfield, CT | $3,729,940 | $22,684,143 |
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Jumpstart For Young Children Inc Boston, MA | $20,704,200 | $25,715,901 |
Holyoke Chicopee Springfield Head Start Inc Springfield, MA | $4,876,659 | $18,197,572 |
Belmont Day School Inc Belmont, MA | $53,871,739 | $17,214,948 |
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
The Kingsley Montessori School Inc Boston, MA | $12,852,129 | $12,365,430 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Nashoba Brooks School Of Concord Concord, MA | $34,636,415 | $10,867,224 |