Mile Square Early Learning Center
- Assets
- $4.2m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 172
- Location
- Hoboken, NJ
- Founding
- 09/1980
- Data as of
- 06/2021
- EIN
- 22-2221257
Organization Overview
Mile Square Early Learning Center is located in Hoboken, NJ. The organization was established in 1980. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2021, Mile Square Early Learning Center employed 172 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mile Square Early Learning Center 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, Mile Square Early Learning Center generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $9.3m during the year ending 06/2021. While expenses have increased by 10.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION'S MISSION IS TO GIVE EACH CHILD A WARM AND SAFE ENVIRONMENT ENCOURAGING THE DEVELOPMENT OF ACADEMIC, EMOTIONAL, SOCIAL AND SELF REGULATION SKILLS, WHICH FOSTERS A HEALTHY, INDEPENDENT AND STRONG SELF IMAGE.OUR TEACHERS MANIFEST THEIR RESPECT FOR CHILDREN BY ENCOURAGING CHILDREN TO THINK FOR THEMSELVES, MAKE DECISIONS, WORK TOWARDS THEIR OWN SOLUTIONS, AND EXPRESS THEIR OWN IDEAS AND FEELINGS.TO SUPPORT SUCCESSFUL LEARNING, MILE SQUARE ENCOURAGES AN ACTIVE PARTNERSHIP BETWEEN HOME AND SCHOOL. MILE SQUARE EARLY LEARNING CENTER'S EDUCATIONAL PROGRAMS ARE BASED UPON THE PRINCIPLES OF DEVELOPMENTALLY APPRORIATE PRACTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ABBOTT PROGRAM IS FUNDED PARTIALLY BY THE NEW JERSEY DEPARTMENT OF EDUCATION THROUGH THE HOBOKEN BOARD OF EDUCATION. IT PROVIDES EARLY EDUCATION SERVICES TO AN ESTIMATED 660 CHILDREN, 3 AND 4 YEARS OF AGE, AND THEIR FAMILIES FOR 180 DAYS OF THE SCHOOL YEAR.WRAP-AROUND SERVICES FOR THE ABBOTT PROGRAM ARE PROVIDED BY NJDHS, WHICH IS FUNDED BY THE URBAN LEAGUE OF HUDSON COUNTY AND PARTIALLY THROUGH PRIVATE FEES FOR THOSE THAT ARE INCOME ELIGIBLE. THOSE THAT ARE OVER THE INCOME LEVELS PAY A FEE THAT IS UNIFORM THROUGHOUT THE HOBOKEN SCHOOL DISTRICT. WRAP-AROUND IS PROVIDED TO ABOUT 175 CHILDREN PER YEAR. THE ENTIRE PROGRAM PROVIDES EARLY EDUCATION AND FAMILY SERVICES FROM 7:30AM-8:30AM AND 2:30PM TO 5:30PM DURING THE SCHOOL YEAR AND FULL TIME DURING THE SUMMER MONTHS FROM 7:30AM TO 5:30PM. ABOUT 25% OF THE ABBOTT CHILDREN NEED THIS SERVICE. IT IS NOT OPENED TO OTHER FAMILIES.THE CHILD CARE FOOD PROGRAM IS FUNDED BY THE NJDOA TO PROVIDE FOOD SERVICES AT THE RUE SITE FOR 92 CHILDREN. AGE APPROPRIATE MEALS (BREAKFAST, LUNCH AND SNACK) ARE PROVIDED.MILE SQUARE EARLY LEARNING CENTER DOES NOT PROVIDE GRANTS TO ANY OTHER AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Barmak Executive Director | Officer | 30 | $106,210 |
Charles Tortorella President | OfficerTrustee | 1 | $0 |
Stephen Rogers Vice President/ Treasurer | OfficerTrustee | 1 | $0 |
Christine Ward Board Member | Trustee | 1 | $0 |
Suzanne Berliner-Heyman Board Member | Trustee | 1 | $0 |
Jemima Attanasio Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,157,053 |
| All other contributions, gifts, grants, and similar amounts not included above | $436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,157,489 |
| Total Program Service Revenue | $465,354 |
| Investment income | $2,582 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $9,625,425 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $109,708 |
| Compensation of current officers, directors, key employees. | $109,708 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,956,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,158,990 |
| Payroll taxes | $454,235 |
| Fees for services: Management | $16,152 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,043 |
| Advertising and promotion | $18,318 |
| Office expenses | $108,090 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $724,685 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $131,804 |
| Insurance | $111,287 |
| All other expenses | $0 |
| Total functional expenses | $9,298,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $448,459 |
| Savings and temporary cash investments | $11,489 |
| Pledges and grants receivable | $2,475 |
| Accounts receivable, net | $20,437 |
| 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 | $88,220 |
| Net Land, buildings, and equipment | $3,297,785 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $335,028 |
| Total assets | $4,203,893 |
| Accounts payable and accrued expenses | $285,109 |
| Grants payable | $0 |
| Deferred revenue | $760,140 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $1,379,600 |
| Other liabilities | $0 |
| Total liabilities | $2,424,849 |
| Net assets without donor restrictions | $1,779,044 |
| 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 | $4,203,893 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mile Square Early Learning Center has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |
Union City Day Care Program Inc Union City, NJ | $4,462,325 | $9,788,592 |
Child Care Network Of New York Inc New Hyde Park, NY | $1,608,606 | $10,022,479 |
Tremont Monterey Day Care Center Inc Bronx, NY | $2,143,453 | $9,664,253 |
Learn & Play Fort Washington, PA | $20,169,763 | $14,001,464 |