OMAHA EARLY LEARNING CENTERS INC (EIN 471523974) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

RAFEL HART

Phone

5319993900

Tax Period

2019-01-01 to 2019-12-31

OMAHA EARLY LEARNING CENTERS INC, founded in 2014, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2019. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.2M, a strong 26% operating margin.

Mission

OMAHA EARLY LEARNING CENTERS, INC. (OELC) OPERATES THREE EARLY LEARNING CENTERS THAT PROVIDE DATA-DRIVEN PRACTICES, ONGOING PROFESSIONAL DEVELOPMENT, HIGH-QUALITY TEACHING PRACTICES AND INTENSIVE FAMILY ENGAGEMENT. OELC WILL SERVE AS THE FIRST STAGE OF BIRTH TO THREE FOR SOME OF OMAHA'S MOST AT-RISK YOUNG CHILDREN AND FAMILIES, WITH SPECIAL FOCUS ON THE UNDERSERVED POPULATION OF OMAHA.

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $5,689,566

Program Service Revenue $2,812,852

Investment Income $23,750

Other Revenue $0

TOTAL REVENUE $8,526,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,820,299

Fundraising Expenses $0

Program Expenses $5,523,072

Other Expenses $1,527,704

TOTAL EXPENSES $6,348,003

Year-over-Year Comparison

	2019	2018	Change
Revenue	$8,526,168	$7,329,513	+0.2%
Expenses	$6,348,003	$5,326,529	+0.2%
Net Income	$2,178,165	$2,002,984	+0.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

162

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

$311,501

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER STURGEON	EXECUTIVE DIRECTOR THRU 6/2019	37.00	Officer	$163,058	$4,961	$168,019
RAFEL HART	EXECUTIVE DIRECTOR	40.00	Officer	$136,005	$7,477	$143,482
OTHELLO MEADOWS	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN MCWILLIAMS	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL PADILLA	TREASURER	1.00	Officer Director	$0	$0	$0
ANNE O'HARA	DIRECTOR	1.00	Director	$0	$0	$0
LISA ST CLAIR	DIRECTOR	1.00	Director	$0	$0	$0
HELEN RAIKES	DIRECTOR THRU 6/2019	1.00	Director	$0	$0	$0

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
2019	$8,526,168	$6,348,003	No data	$2,178,165
2018	$7,329,513	$5,326,529	$11,083,664	$2,002,984

OMAHA EARLY LEARNING CENTERS INC