HILLSBOROUGH COUNTY SCHOOL READINESS COALITION INC

EIN: 593626765 501(c)(3) Education

TAMPA, FL

Total Revenue
$153,889,449
Total Expenses
$153,815,621
Total Assets
$23,581,345
Net Assets
$5,092,325
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
FL
Principal Officer
FREDERICK HICKS
Phone
8135152340
Tax Period
2023-07-01 to 2024-06-30

HILLSBOROUGH COUNTY SCHOOL READINESS COALITION INC, founded in 2001, is a major nonprofit in the Education sector that reported $153.9M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION IS A NONPROFIT THAT WORKS TO ENSURE ALL OUR COMMUNITY'S YOUNGEST CHILDREN GROW UP TO ACHIEVE ANYTHING THEY CAN IMAGINE BY PROVIDING THE BEST POSSIBLE EARLY LEARNING EXPERIENCES AND SUPPORTING THE FAMILIES AND TEACHERS WHO CARE FOR THEM. WORKING TOGETHER WITH FAMILIES, EDUCATORS, AND COMMUNITY PARTNERS TO PREPARE EVERY CHILD FOR KINDERGARTEN, WE ARE CREATING A BRIGHTER FUTURE FOR HILLSBOROUGH COUNTY AND ALL WHO LIVE AND WORK HERE.

Program Service Accomplishments

Program 1
Expenses: $118,117,200

THE EARLY LEARNING COALITON OF HILLSBOROUGH COUNTY FACILITATES ACCESS TO THE SCHOOL READINESS PROGRAM BY ADMINISTERING AND COORDINATING CHILDCARE GRANTS FOR FAMILIES TO ACCESS HIGH-QUALITY EARLY...

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THE EARLY LEARNING COALITON OF HILLSBOROUGH COUNTY FACILITATES ACCESS TO THE SCHOOL READINESS PROGRAM BY ADMINISTERING AND COORDINATING CHILDCARE GRANTS FOR FAMILIES TO ACCESS HIGH-QUALITY EARLY CHILDHOOD EDUCATIONAL PROGRAMS AND CHILD CARE SERVICES, SERVING CHILDREN BIRTH TO 13 YEARS OF AGE.

Program 2
Expenses: $29,968,651

THE EARLY LEARNING COALITON OF HILLSBOROUGH COUNTY FACILITATES ACCESS TO VOLUNTARY PRE KINDERGARTEN (VPK) BY ADMINISTERING AND COORDINATING CHILDCARE GRANTS FOR FAMILIES TO ACCESS HIGH-QUALITY EARLY...

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THE EARLY LEARNING COALITON OF HILLSBOROUGH COUNTY FACILITATES ACCESS TO VOLUNTARY PRE KINDERGARTEN (VPK) BY ADMINISTERING AND COORDINATING CHILDCARE GRANTS FOR FAMILIES TO ACCESS HIGH-QUALITY EARLY CHILDHOOD EDUCATIONAL PROGRAMS, SERVING ANY CHILD FOUR YEARS OF AGE.

Program 3
Expenses: $1,522,646 Revenue: $30,461

THE SCHOOL READINESS MATCH PROGRAM PROVIDES FUNDS TO EXPAND THE PROVISION OF SERVICES TO LOW-INCOME FAMILIES AT OR BELOW 200% OF THE FEDERAL POVERTY LEVEL, AS LONG AS THE INCOME DOES NOT EXCEED 85%...

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THE SCHOOL READINESS MATCH PROGRAM PROVIDES FUNDS TO EXPAND THE PROVISION OF SERVICES TO LOW-INCOME FAMILIES AT OR BELOW 200% OF THE FEDERAL POVERTY LEVEL, AS LONG AS THE INCOME DOES NOT EXCEED 85% OF THE STATE MEDIAN INCOME. FUNDING IS SUBJECT TO AVAILABILITY. LOCAL MATCHING FUNDS CAN BE DERIVED FROM GOVERNMENT, EMPLOYER CHARITABLE FOUNDATIONS, AND OTHER SOURCES TO EXPAND FUNDS FOR DIRECT SERVICES AND INCREASE THE NUMBER OF CHILDCARE SLOTS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $153,858,488
Program Service Revenue $0
Investment Income $500
Other Revenue $30,461
TOTAL REVENUE $153,889,449

Expense Breakdown

Grants Paid $119,075,463
Salaries & Benefits $12,590,793
Fundraising Expenses $0
Program Expenses $149,608,497
Other Expenses $22,149,365
TOTAL EXPENSES $153,815,621

Year-over-Year Comparison

2023 2022 Change
Revenue $153,889,449 $238,762,852 -0.4%
Expenses $153,815,621 $238,612,740 -0.4%
Net Income $73,828 $150,112 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
156
Volunteers
19

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
6
$608,574
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AAKASH M PATEL BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SHAWN H ROBINSON ESQ VICE CHAIR 1.00
Officer Director
$0 $0 $0
BETH PASEK BOARD MEMBER 1.00
Director
$0 $0 $0
TRACYE H BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE ZIEZIULA MUP BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON NGUYEN MPH MCHES BOARD MEMBER 1.00
Director
$0 $0 $0
GWEN MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
DR JACQUELYN JENKINS BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA JAE BOARD MEMBER 1.00
Director
$0 $0 $0
DR LISE FOX BOARD MEMBER 1.00
Director
$0 $0 $0
DR JODI MARSHALL BOARD MEMBER 1.00
Director
$0 $0 $0
DR LARISSA BAIA BOARD MEMBER 1.00
Director
$0 $0 $0
ANNETTE EBERHART BOARD MEMBER 1.00
Director
$0 $0 $0
CHANTAL A PORTE MED BOARD MEMBER 1.00
Director
$0 $0 $0
GINO CASANOVA BOARD MEMBER 1.00
Director
$0 $0 $0
DR DAIRA AVILA BARAKAT BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM GIERY BOARD MEMBER 1.00
Director
$0 $0 $0
DEREK ZITKO BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA BACON BOARD MEMBER 1.00
Director
$0 $0 $0
DR FREDERICK HICKS CHIEF EXECUTIVE OFFICER 1.00
Officer
$187,437 $0 $187,437
GARY MEYER CHIEF FINANCIAL OFFICER 1.00
Officer
$149,696 $0 $149,696
RICARDO RAMPERSAD CHIEF INFORMATION OFFICER 1.00
Officer
$138,127 $0 $138,127
ALISON FRAGA CHIEF DEVELOPMENT OFFICER 1.00
Officer
$133,314 $0 $133,314
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
2025 No data No data No data No data
2024 $153,889,449 $153,815,621 $23,581,345 $73,828
2023 $238,762,852 $238,612,740 $20,291,845 $150,112
2022 $130,761,950 $129,996,084 $14,802,375 $765,866
2021 $100,070,263 $100,266,103 $12,825,871 $-195,840
2020 $98,959,370 $96,163,279 $17,875,982 $2,796,091
2019 $83,590,066 $84,031,479 $8,835,616 $-441,413
2018 $76,879,754 $76,709,990 $11,453,438 $169,764
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