KINDERGARTEN READINESS COLLABORATIVE OF INDIAN RIVER COUNTY INC

EIN: 810827641 501(c)(3)

VERO BEACH, FL

Total Revenue
$129,845
Total Expenses
$232,639
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
HOPE WOODHOUSE
Phone
7726174350
Tax Period
2019-07-01 to 2020-03-31

KINDERGARTEN READINESS COLLABORATIVE OF INDIAN RIVER COUNTY INC, founded in 2016, is a small nonprofit that reported $130K in total revenue in fiscal year 2019. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 79% operating deficit.

Mission

TO CONVENE AND SUPPORT ITS PARTNERS IN DEVELOPING A HIGH QUALITY EARLY CHILDHOOD SYSTEM THAT IS FAMILY-CENTERED. AS PART OF THE MOONSHOT MOMENT, ITS VISION IS THAT ALL CHILDREN IN INDIAN RIVER COUNTY ARE PREPARED FOR KINDERGARTEN ACROSS THE FIVE CRITICAL DOMAINS: SOCIAL/EMOTIONAL, PHYSICAL HEALTH AND WELL-BEING, COGNITIVE, COMMUNICATION, AND ADAPTIVE LEARNING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $129,373
Program Service Revenue $0
Investment Income $0
Other Revenue $472
TOTAL REVENUE $129,845

Expense Breakdown

Grants Paid $0
Salaries & Benefits $167,513
Fundraising Expenses $9,330
Program Expenses $201,690
Other Expenses $65,126
TOTAL EXPENSES $232,639

Year-over-Year Comparison

2019 2018 Change
Revenue $129,845 $274,440 -0.5%
Expenses $232,639 $347,991 -0.3%
Net Income $-102,794 $-73,551 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
100

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
$93,600
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRAN ADAMS CHAIR 10.00
Officer Director
$0 $0 $0
MEREDITH EGAN PAST CHAIR 5.00
Officer Director
$0 $0 $0
LENORA RITCHIE VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
HOPE WOODHOUSE SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
KERRY BARTLETT DIRECTOR 5.00
Director
$0 $0 $0
CHRISTINE RYALL DIRECTOR 5.00
Director
$0 $0 $0
BROOKE FLOOD DIRECTOR 5.00
Director
$0 $0 $0
BARBARA HAMMOND DIRECTOR 5.00
Director
$0 $0 $0
SHANNON MCGUIRE BOWMAN DIRECTOR 5.00
Director
$0 $0 $0
MARLYNN SCULLY DIRECTOR 5.00
Director
$0 $0 $0
NIVEA L TORRES EXECUTIVE DIRECTOR 40.00
Officer
$93,600 $0 $93,600
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
2020 $129,845 $232,639 No data $-102,794
2019 $274,440 $347,991 $334,347 $-73,551
2018 $237,532 $273,011 $409,427 $-35,479
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