St Nicholas Early Learning Inc
- Assets
- $466.7k
- Revenue
- $983.9k
- Investments
- $0.0
- Employees
- 32
- Location
- Indianapolis, IN
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 36-4824421
Organization Overview
St Nicholas Early Learning Inc is located in Indianapolis, IN. The organization was established in 2016. 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 12/2022, St Nicholas Early Learning Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Nicholas Early Learning 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 12/2022, St Nicholas Early Learning Inc generated $983.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $753.8k during the year ending 12/2022. While expenses have increased by 9.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO PROVIDING EVERY CHILD WITH A HIGH QUALITY PROGRAM AND A SECURE ENVIRONMENT THAT WILL ALLOW THEM THE OPPORTUNITY TO EXPLORE AND FOSTER THEIR OWN GROWTH POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. NICHOLAS EARLY LEARNING, INC. OPENED IN SEPTEMBER 2016. IT CURRENTLY SERVES 40 CHILDREN BETWEEN THE AGES OF 6 MONTHS AND 4 YEARS. THIS IS AT 100% CAPACITY WITH A WAITING LIST FOR INFANT CARE OF MORE THAN 60 FAMILIES. A STAFF OF 16 MEET THE DAILY NEEDS OF ALL OF THE CHILDREN, AND HELP PROVIDE A SAFE, CARING, ENGAGING, AND EDUCATIONAL ENVIRONMENT IN WHICH TO GROW, THRIVE, AND LEARN. LEVEL 2 ON THE INDIANA PATHS TO QUALITY WAS RENEWED IN JUNE OF 2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Anthony Secretary | OfficerTrustee | 2 | $0 |
Amysue Bacon President | OfficerTrustee | 2 | $0 |
Kimberly Bacon Director | Trustee | 2 | $0 |
Patrick Chavis IV Director | Trustee | 2 | $0 |
Christy Jacobi Treasurer | OfficerTrustee | 8 | $0 |
John Langdon Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $344,161 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,519 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $372,680 |
| Total Program Service Revenue | $609,541 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $953 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $983,926 |
| 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. | $67,000 |
| Compensation of current officers, directors, key employees. | $53,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $462,663 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $42,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,499 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,499 |
| Office expenses | $5,119 |
| Information technology | $1,817 |
| Royalties | $0 |
| Occupancy | $44,861 |
| 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 | $14,763 |
| Insurance | $5,698 |
| All other expenses | $11,493 |
| Total functional expenses | $753,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,743 |
| Savings and temporary cash investments | $25,719 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,777 |
| 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 | $120,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $466,723 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $224,218 |
| Net assets with donor restrictions | $242,505 |
| 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 | $466,723 |