THE EARLY LEARNING CENTER OF BROOKINGS (EIN 824235059) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

DEREK PETERSON

Phone

6056884529

Tax Period

2022-01-01 to 2022-12-31

The Early Learning Center of Brookings, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2018. Expenses of $1.5M left a modest 7% surplus.

Mission

OPERATE A HIGH QUALITY PRESCHOOL AND CHILDCARE CENTER

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $186,500

Program Service Revenue $73,629

Investment Income $71

Other Revenue $0

TOTAL REVENUE $260,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,216

Fundraising Expenses $0

Program Expenses $351,671

Other Expenses $270,455

TOTAL EXPENSES $351,671

Year-over-Year Comparison

	2022	2021	Change
Revenue	$260,200	$1,529,299	-0.8%
Expenses	$351,671	$1,399,524	-0.7%
Net Income	$-91,471	$129,775	-1.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAELA WILLIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEREK PETERSON	REGISTERED AGENT	N/A	Officer Director	$0	$0	$0
MICHAEL HOLBECK	TREASURER	N/A	Officer Director	$0	$0	$0
KARYN WEBER	SECRETARY	N/A	Officer Director	$0	$0	$0
KATE TREIBER	MEMBER	N/A	Officer 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
2022	$260,200	$351,671	No data	$-91,471
2021	$1,543,319	$1,468,758	$186,553	$74,561
2021	$1,529,299	$1,399,524	$148,119	$129,775
2020	$1,188,782	$1,324,285	$21,545	$-135,503
2019	$1,501,234	$1,461,427	$156,940	$39,807
2018	$1,624,598	$1,510,558	$114,040	$114,040

THE EARLY LEARNING CENTER OF BROOKINGS