Timberline Learning Center
- Assets
- $649.8k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 40
- Location
- Breckenridge, CO
- Founding
- 01/2009
- Data as of
- 12/2023
- EIN
- 26-2617472
Organization Overview
Timberline Learning Center is located in Breckenridge, CO. The organization was established in 2009. 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 12/2023, Timberline Learning Center employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timberline 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 12/2023, Timberline Learning Center generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHILDCARE FACILITY TIMBERLINE LEARNING CENTER SUPPORTS OUR MOUNTAIN COMMUNITY BY PROVIDING FAMILIES WITH QUALITY EARLY CHILDHOOD EDUCATION IN A SAFE ENVIRONMENT. OUR MISSION IS TO EDUCATE BY CULTIVATING THE WONDER OF LEARNING THROUGH MEANINGFUL PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE A SCHOOL FOR YOUNG CHILDREN FROM AGES 6 WEEKS TO 6 YEARS. OUR APPROACH IS REGGIO EMILIA INSPIRED. THE FOLLOWING PRINCIPLES GUIDE OUR APPROACH AND CURRICULUM: THE CHILD IS AN ACTIVE, STRONG, COMPETENT COLLABORATOR IN THE EVOLUTION OF THEIR LEARNING. THE TEACHER IS A GUIDE, RATHER THAN AN INSTRUCTOR, WHO OBSERVES, QUESTIONS, RESEARCHES, DOCUMENTS, REFLECTS, AND INTERPRETS. THE CLASSROOM IS A TEACHER UNTO ITSELF THE RELATIONSHIPS THAT DEVELOP BETWEEN THE CHILDREN, THEIR FAMILIES, AND THE TEACHERS CREATE OPPORTUNITY FOR GROWTH, REFLECTION, AND SUPPORT. LONG-TERM PROJECTS ARE AT THE CORE OF OUR PROGRAM, USING THE CHILDRENS INTERESTS, AND THE TEACHERS OBSERVATIONS, AS THE GUIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Davis Exec Dir (pa | Officer | 40 | $84,755 |
Sarah Young Exec Dir (pa | Officer | 40 | $84,163 |
Michelle Mahoney President | OfficerTrustee | 3 | $0 |
Austyn Dineen Vice Preside | OfficerTrustee | 3 | $0 |
Emily Sarges Secretary | OfficerTrustee | 1 | $0 |
Melissa Bohnet Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,000 |
| Related organizations | $0 |
| Government grants | $568,048 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $609,470 |
| Total Program Service Revenue | $1,037,239 |
| Investment income | $1,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,399 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,677,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,997 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,979 |
| Compensation of current officers, directors, key employees. | $152,981 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,010,134 |
| Pension plan accruals and contributions | $8,220 |
| Other employee benefits | $23,624 |
| Payroll taxes | $94,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80 |
| Fees for services: Accounting | $6,577 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,071 |
| Advertising and promotion | $452 |
| Office expenses | $5,583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,368 |
| Travel | $61 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,611 |
| Insurance | $13,122 |
| All other expenses | $22,258 |
| Total functional expenses | $1,520,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,779 |
| Savings and temporary cash investments | $430,594 |
| Pledges and grants receivable | $15,135 |
| Accounts receivable, net | $18,175 |
| 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 | $0 |
| Net Land, buildings, and equipment | $20,143 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $649,826 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $5,380 |
| 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 | $0 |
| Other liabilities | $44,918 |
| Total liabilities | $50,298 |
| Net assets without donor restrictions | $0 |
| 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 | $599,528 |
| Total liabilities and net assets/fund balances | $649,826 |