POLK COUNTY SCHOOL READINESS COALITION INC

EIN: 593648316 501(c)(3) Education

LAKELAND, FL

Total Revenue
$91,203,172
Total Expenses
$91,303,581
Total Assets
$7,841,772
Net Assets
$232,666
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
FL
Principal Officer
MARC HUTEK
Phone
8637339064
Tax Period
2022-07-01 to 2023-06-30

POLK COUNTY SCHOOL READINESS COALITION INC, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $91.2M in total revenue in fiscal year 2022. Revenue surged 65% from the prior year, signaling strong growth momentum.

Mission

WE WILL LEAD COMMUNITY EFFORTS IN SUPPORTING THE SUCCESS OF CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $40,473,844 Revenue: $148,743

SCHOOL READINESS: EVEN BEFORE CHILDREN ATTEND PRE-KINDERGARTEN, THEY GAIN FROM EXPERIENCES THAT HELP THEM BE READY FOR SCHOOL. THAT IS WHY SCHOOL READINESS IS SUCH AN IMPORTANT PART OF EARLY...

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SCHOOL READINESS: EVEN BEFORE CHILDREN ATTEND PRE-KINDERGARTEN, THEY GAIN FROM EXPERIENCES THAT HELP THEM BE READY FOR SCHOOL. THAT IS WHY SCHOOL READINESS IS SUCH AN IMPORTANT PART OF EARLY LEARNING. THE FLORIDA LEGISLATURE RECOGNIZED THAT WHEN THEY PASSED THE SCHOOL READINESS ACT TO HELP CHILDREN FROM LOW-INCOME FAMILIES GET THE SUPPORT THEY NEED TO BE SUCCESSFUL IN SCHOOL. WHILE HELPING CHILDREN PREPARE FOR SCHOOL, THE PROGRAM PROVIDES CHILD CARE SO A PARENT CAN WORK OR ATTEND A TRAINING OR EDUCATION PROGRAM.

Program 2
Expenses: $35,640,310

AMERICAN RESCUE PLAN ACT (ARPA): THE THE PURPOSE OF THIS FUNDING IS TO IMPLEMENT AN EARLY LEARNING DISCRETIONARY GRANT PROGRAM FOR THE FOLLOWING PURPOSES:- INCREASING/BUILDING THE SUPPLY OF CHILD...

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AMERICAN RESCUE PLAN ACT (ARPA): THE THE PURPOSE OF THIS FUNDING IS TO IMPLEMENT AN EARLY LEARNING DISCRETIONARY GRANT PROGRAM FOR THE FOLLOWING PURPOSES:- INCREASING/BUILDING THE SUPPLY OF CHILD CARE- TRAINING, PROFESSIONAL LEARNING ACTIVITIES, AND WORKFORCE INITIATIVES- LOCAL INITIATIVES/PILOT PROJECTS TO IMPROVE KINDERGARTEN READINESS- COMMUNITY OUTREACH AND FAMILY ENGAGEMENT- EQUIPMENT, SUPPLIES, CLASSROOM MATERIALS- SUPPLYING AND SUPPORTING CURRICULUM- BUSINESS ADMINISTRATION COMPUTER SOFTWARE- EARLY LEARNING SOFTWARE AND TECHNOLOGYTHROUGH THE ARPA FUNDING, THE COALITION OFFERED A SOCIAL EMOTIONAL LEARNING CONFERENCE AND OTHER PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO 300 EARLY LEARNING EDUCATORS AND COALITION STAFF IN POLK COUNTY, CREATED AND IMPLEMENTED BUSINESS SUPPORT TRAINING AND COACHING FOR APPROXIMATELY 20 PROVIDERS, PROVIDED STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ART, MATH) KITS FOR APPROXIMATELY 150 VPK CLASSROOMS TO PROMOTE PROBLEM SOLVING AND CRITICAL THINKING SKILLS, PILOTED A COACHING SOFTWARE SYSTEM FOR ELC COACHES AND PRE K TEACHERS (APPROXIMATELY 400) WITH THE GOAL TO INTERACT, TRACK GOALS, STORE AND SHARE DATA, OFFERED BOOK SETS TO 1,000 FAMILIES THROUGHOUT POLK COUNTY IN ORDER TO SUPPORT EARLY LITERACY AND FAMILY CONNECTIONS, DISTRIBUTED 15,000-20,000 FAMILY ENGAGEMENT KITS FOR PRESCHOOL FAMILIES THROUGHOUT POLK COUNTY IN ORDER TO SUPPORT EARLY LEARNING AND KINDERGARTEN READINESS.

Program 3
Expenses: $13,030,423

VOLUNTARY PRE-KINDERGARTEN: PREPARES EARLY LEARNERS FOR SUCCESS IN KINDERGARTEN AND BEYOND. CHILDREN MUST LIVE IN FLORIDA AND BE 4 YEARS OLD ON OR BEFORE SEPTEMBER 1 OF THE CURRENT SCHOOL YEAR TO BE...

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VOLUNTARY PRE-KINDERGARTEN: PREPARES EARLY LEARNERS FOR SUCCESS IN KINDERGARTEN AND BEYOND. CHILDREN MUST LIVE IN FLORIDA AND BE 4 YEARS OLD ON OR BEFORE SEPTEMBER 1 OF THE CURRENT SCHOOL YEAR TO BE ELIGIBLE. THE PROGRAM HELPS BUILD A STRONG FOUNDATION FOR SCHOOL USING EDUCATIONAL MATERIALS THAT ARE GEARED TO VARIOUS STAGES IN A CHILD'S DEVELOPMENT.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $91,021,454
Program Service Revenue $148,743
Investment Income $44,078
Other Revenue $-11,103
TOTAL REVENUE $91,203,172

Expense Breakdown

Grants Paid $82,172,685
Salaries & Benefits $5,524,528
Fundraising Expenses $0
Program Expenses $89,381,390
Other Expenses $3,606,368
TOTAL EXPENSES $91,303,581

Year-over-Year Comparison

2022 2021 Change
Revenue $91,203,172 $55,210,816 +0.7%
Expenses $91,303,581 $54,951,373 +0.7%
Net Income $-100,409 $259,443 -1.4%
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
15
Independent Members
15
Employees
103
Volunteers
20

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
7
$465,676
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN BEVILACQUA-ELY VICE CHAIR 1.00
Officer Director
$0 $0 $0
KARIE BARQUIN SECRETARY 1.00
Officer Director
$0 $0 $0
LORI SHEA TREASURER 1.00
Officer Director
$0 $0 $0
NANCY EBRAHIMI TREASURER 1.00
Officer Director
$0 $0 $0
TERRY BRIGMAN DIRECTOR 1.00
Director
$0 $0 $0
STACY CAMPBELL-DOMINECK DIRECTOR 0.50
Director
$0 $0 $0
DR MARY CLARK DIRECTOR 0.50
Director
$0 $0 $0
NICHOLAS EMANUEL DIRECTOR 0.50
Director
$0 $0 $0
TAMMI HAAS DIRECTOR 0.50
Director
$0 $0 $0
FREDERICK HEID DIRECTOR 0.50
Director
$0 $0 $0
DR JANE IERARDI DIRECTOR 0.50
Director
$0 $0 $0
DR JOY JACKSON DIRECTOR 0.50
Director
$0 $0 $0
BENJAMIN LEFRANCOIS DIRECTOR 0.50
Director
$0 $0 $0
RICK MAXEY DIRECTOR 0.50
Director
$0 $0 $0
JOBE REAM DIRECTOR (UNTIL 6/17/23) 0.50
Director
$0 $0 $0
DR EMILY SHAFFER DIRECTOR 0.50
Director
$0 $0 $0
MARC HUTEK CHIEF EXECUTIVE OFFICER 40.00
Officer
$155,680 $38,255 $193,935
CHERYL KELLY DEPUTY DIRECTOR 40.00
Officer
$115,293 $18,367 $133,660
JOHN PATRICK CHIEF FINANCIAL OFFICER 40.00
Officer
$119,271 $18,810 $138,081
DIANE BOWMAN VP OF FAMILY SERVICES 40.00
Highest
$101,432 $17,862 $119,294
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 No data No data No data No data
2023 $91,203,172 $91,303,581 $7,841,772 $-100,409
2022 $55,210,816 $54,951,373 $5,377,360 $259,443
2021 $44,426,238 $44,753,212 $4,152,475 $-326,974
2020 $40,773,694 $40,887,013 $5,718,964 $-113,319
2019 $35,990,206 $35,872,102 $2,562,939 $118,104
2018 $33,151,281 $32,990,936 $2,432,296 $160,345
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