Crosstown Learning Center Inc
- Assets
- $7.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 44
- Location
- Tulsa, OK
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 73-0782748
Organization Overview
Crosstown Learning Center Inc is located in Tulsa, OK. The organization was established in 2001. 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 12/2021, Crosstown Learning Center Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosstown Learning 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 12/2021, Crosstown Learning Center Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. 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
TO PROVIDE EDUCATIONAL OPPORTUNITIES IN A NURTURING ENVIRONMENT FOR CHILDREN AND THEIR FAMILIES TO LEARN AND GROW TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, CROSSTOWN LEARNING CENTER PROVIDED QUALITY CHILDCARE FOR A DAILY AVERAGE OF 57 CHILDREN EACH MONTH. CARE FOR CHILDREN WHO HAVE NOT REACHED SCHOOL AGE INCLUDED HOT MEALS AND SNACKS THROUGHOUT THE DAY. BY PROVIDING CHILDCARE TO FAMILIES WHO RECEIVE GOVERNMENT SUBSIDIES, PARENTS OF THOSE CHILDREN WERE ABLE TO MAINTAIN EMPLOYMENT, THUS BENEFITTING NOT ONLY THE CHILDREN, BUT THE CHILDREN'S FAMILIES.
COMMUNITY DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darek Latta Managing Dir | Officer | 40 | $77,108 |
Deborah Guilfoyle Executive Di | Officer | 17 | $38,542 |
Jerry White Secretary | OfficerTrustee | 1.5 | $0 |
Morgan Martin Chair | OfficerTrustee | 1.5 | $0 |
Rony Gadiwalla Vice Chair | OfficerTrustee | 1.5 | $0 |
Drew Speakes Treasurer | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $50,471 |
| Related organizations | $0 |
| Government grants | $239,997 |
| All other contributions, gifts, grants, and similar amounts not included above | $393,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $683,656 |
| Total Program Service Revenue | $792,608 |
| Investment income | $800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,118 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,474,946 |
| 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. | $115,652 |
| Compensation of current officers, directors, key employees. | $63,612 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,004,384 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,489 |
| Payroll taxes | $88,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $138,840 |
| Insurance | $41,579 |
| All other expenses | $46,234 |
| Total functional expenses | $1,750,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,915 |
| Savings and temporary cash investments | $771,424 |
| Pledges and grants receivable | $310,000 |
| Accounts receivable, net | $54,334 |
| 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 | $13,014 |
| Net Land, buildings, and equipment | $6,196,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,525 |
| Total assets | $7,514,260 |
| Accounts payable and accrued expenses | $20,864 |
| 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 | $20,864 |
| Net assets without donor restrictions | $7,163,399 |
| Net assets with donor restrictions | $329,997 |
| 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 | $7,514,260 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Crosstown Learning Center Inc has recieved totaling $1,834,522.
| Awarding Organization | Amount |
|---|---|
Sarkeys Foundation Norman, OK PURPOSE: FIVE YEAR GRANT ($228,000.00 PER YEAR) TO BRING TEACHING STAFF SALARIES COMMENSURATE WITH PUBLIC SCHOOL TEACHING SALARIES. | $228,000 |
Sarkeys Foundation Norman, OK PURPOSE: FIVE YEAR GRANT ($228,000.00 PER YEAR) TO BRING TEACHING STAFF SALARIES COMMENSURATE WITH PUBLIC SCHOOL TEACHING SALARIES. | $228,000 |
Sarkeys Foundation Norman, OK PURPOSE: FIVE YEAR GRANT ($228,000.00 PER YEAR) TO BRING TEACHING STAFF SALARIES COMMENSURATE WITH PUBLIC SCHOOL TEACHING SALARIES. | $228,000 |
Sarkeys Foundation Norman, OK PURPOSE: FIVE YEAR GRANT ($228,000.00 PER YEAR) TO BRING TEACHING STAFF SALARIES COMMENSURATE WITH PUBLIC SCHOOL TEACHING SALARIES. | $228,000 |
Sarkeys Foundation Norman, OK PURPOSE: FIVE YEAR GRANT ($228,000.00 PER YEAR) TO BRING TEACHING STAFF SALARIES COMMENSURATE WITH PUBLIC SCHOOL TEACHING SALARIES. | $228,000 |
Community Action Project Of Tulsa County Inc Tulsa, OK PURPOSE: EARLY CHILDHOOD PROGRAMS | $223,983 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advance Child Care Inc Corsicana, TX | $3,473,974 | $18,615,609 |
Lionheart Childrens Academy Bedford, TX | $10,671,656 | $17,109,685 |
Operation Breakthrough Inc Kansas City, MO | $30,816,270 | $15,851,429 |
Mile High Montessori Early Learning Centers Denver, CO | $17,533,057 | $15,372,863 |
Child Start Inc Wichita, KS | $9,937,942 | $12,651,016 |
Clayton Child Care Inc Fort Worth, TX | $8,846,592 | $17,902,037 |
Rainbows United Inc Wichita, KS | $9,766,961 | $11,658,952 |
Kaleidoscope Youth Development Services Inc Houston, TX | $9,400,325 | $12,047,136 |
Guadalupe Center Inc Kansas City, MO | $11,857,971 | $9,741,504 |
Greater Opportunities Of The Permian Basin Inc Odessa, TX | $3,693,464 | $8,563,372 |
New Horizons Ministries Inc Canon City, CO | $10,572,666 | $7,833,240 |
Urban Sprouts University City, MO | $386,056 | $8,466,717 |