EARLY LEARNING VENTURES (EIN 264053609) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

JUDITH WILLIAMS

Phone

8442932820

Tax Period

2023-01-01 to 2023-12-31

EARLY LEARNING VENTURES, founded in 2009, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.2M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 26% operating margin.

Mission

ELV SUPPORTS AND ENHANCES EARLY LEARNING PROGRAMS TO PROVIDE COMPREHENSIVE AND CONTINUOUS SERVICES. ELV AIMS TO INCREASE ACCESS TO HIGH-QUALITY, FULL-DAY, FULL YEAR CHILD CARE FOR LOW INCOME WORKING FAMILIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,993,914

Program Service Revenue $88,600

Investment Income $56,965

Other Revenue $25,770

TOTAL REVENUE $10,165,249

Expense Breakdown

Grants Paid $2,687,113

Salaries & Benefits $2,594,786

Fundraising Expenses $31,311

Program Expenses $6,768,592

Other Expenses $2,204,646

TOTAL EXPENSES $7,486,545

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,165,249	$6,934,516	+0.5%
Expenses	$7,486,545	$6,837,102	+0.1%
Net Income	$2,678,704	$97,414	+26.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$199,901

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MERAGE	PRESIDENT	5.00	Officer Director	$0	$0	$0
LAURA MERAGE	VICE PRES	5.00	Officer Director	$0	$0	$0
SUE RENNER	ASST VICE PR	5.00	Officer Director	$0	$0	$0
JUDITH WILLIAMS	CEO	40.00	Officer	$184,684	$15,217	$199,901
TIMOTHY GARCIA	PROGRAM DIRE	40.00	Highest	$114,498	$13,906	$128,404

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	$10,165,249	$7,486,545	$5,792,285	$2,678,704
2022	$6,934,516	$6,837,102	$3,058,194	$97,414
2021	$7,396,606	$6,641,156	$2,919,748	$755,450

EARLY LEARNING VENTURES