FIVE TOWNS EARLY LEARNING CENTER INC

EIN: 237422604 501(c)(3)

INWOOD, NY

Total Revenue
$1,030,669
Total Expenses
$1,034,505
Total Assets
$1,001,507
Net Assets
$938,148
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NY
Principal Officer
PAULA ROBINSON
Phone
5162394660
Tax Period
2023-01-01 to 2023-12-31

FIVE TOWNS EARLY LEARNING CENTER INC, founded in 1951, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE EDUCATIONAL AND DAY CARE SERVICES FOR CHILDREN AGED EIGHTEEN MONTHS TO TWELVE YEARS OLD.

Program Service Accomplishments

Program 1
Expenses: $821,652 Revenue: $876,292

THE EXPENSES AS REPORTED IN PART IX WERE INCURRED TO OPERATE AN EDUCATIONAL AND DAY CARE FACILITY FOR CHILDREN AGED EIGHTEEN MONTHS TO TWELVE YEARS OLD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $143,296
Program Service Revenue $876,292
Investment Income $7,079
Other Revenue $4,002
TOTAL REVENUE $1,030,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $818,986
Fundraising Expenses $200
Program Expenses $821,652
Other Expenses $215,519
TOTAL EXPENSES $1,034,505

Year-over-Year Comparison

2023 2022 Change
Revenue $1,030,669 $874,035 +0.2%
Expenses $1,034,505 $748,191 +0.4%
Net Income $-3,836 $125,844 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
31
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$78,593
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER ALBANESE TREASURER 0.10
Officer Director
$0 $0 $0
BARBARA BAILEY DIRECTOR 0.10
Director
$0 $0 $0
JUDY ELLER DIRECTOR 0.10
Director
$0 $0 $0
SHOSHANAH FINDLING PHD DIRECTOR 0.10
Director
$0 $0 $0
RENEE FISCHER DIRECTOR 0.10
Director
$0 $0 $0
HAROLD KISLIK DIRECTOR 0.10
Director
$0 $0 $0
NANCY LEIDERMAN DIRECTOR 0.10
Director
$0 $0 $0
FRANK MISTERO DIRECTOR 0.10
Director
$0 $0 $0
SAMANTHA WEITZBERG-TUCHFELD DIRECTOR 0.10
Director
$0 $0 $0
ELIZABETH ROPERS PRESIDENT 0.10
Officer Director
$0 $0 $0
HELEN POLLACK VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
HARRIET RUBENSTEIN SECRETARY 0.10
Officer Director
$0 $0 $0
HELEN BECKELMAN DIRECTOR 0.10
Director
$0 $0 $0
BERNICE LEVIN DIRECTOR 0.10
Director
$0 $0 $0
PAULA ROBINSON EXECUTIVE DIRECTOR 40.00
Officer
$78,593 $0 $78,593
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,030,669 $1,034,505 $1,001,507 $-3,836
2022 $874,035 $748,191 $984,352 $125,844
2021 $913,907 $765,521 $929,726 $148,386
2020 $841,048 $806,636 $717,264 $34,412
2020 $742,131 $822,820 $712,982 $-80,689
2019 $743,698 $800,790 $677,211 $-57,092
2018 $720,834 $805,524 $728,086 $-84,690
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