WASHINGTON PARK EARLY LEARNING CENTER (EIN 840646196) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

TED COLEMAN JAY ROYSTON

Phone

3037772703

Tax Period

2024-07-01 to 2025-06-30

WASHINGTON PARK EARLY LEARNING CENTER, founded in 1973, is a small nonprofit in the Education sector that reported $501K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $135K, a strong 27% operating margin.

Mission

WASINGTON PARK EARLY LEARNING CENTER (WPELC) IS A PARENT COOPERATIVE PRESCHOOL WHERE CHILDREN, PARENTS, AND TEACHERS COME TOGETHER TO PLAY, EXPLORE, AND LEARN IN A JOYFUL, STIMULATING AND SAFE ENVIRONMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $96,295

Program Service Revenue $342,408

Investment Income $0

Other Revenue $62,394

TOTAL REVENUE $501,097

Expense Breakdown

Grants Paid $7,170

Salaries & Benefits $274,773

Fundraising Expenses $0

Program Expenses $348,775

Other Expenses $84,582

TOTAL EXPENSES $366,525

Year-over-Year Comparison

	2024	2023	Change
Revenue	$501,097	$622,758	-0.2%
Expenses	$366,525	$349,559	+0.0%
Net Income	$134,572	$273,199	-0.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED COLEMAN JAY ROYSTON	CO-PRESIDENT	2.00	Officer Director	$0	$0	$0
JEAN CARBUTT JOYCE	TREASURER	2.00	Officer Director	$0	$0	$0
ERIN KING	SECRETARY	2.00	Officer Director	$0	$0	$0
SARA HIGGINBOTTOM	DIRECTOR	1.00	Director	$0	$0	$0
ERIN GARMON	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
JAMIE COWAN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX ANDEN ERIN ZITEK	CO-DIRECTORS	1.00	Director	$0	$0	$0
BOBBY LAURA SIENKIEVIC KENNEY	CO-DIRECTORS	1.00	Director	$0	$0	$0
ALLISON MATTIVI	DIRECTOR	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
2025	$501,097	$366,525	$919,986	$134,572
2024	$622,758	$349,559	$782,278	$273,199
2023	$368,801	$330,369	$486,434	$38,432
2022	$464,803	$299,343	$430,956	$165,460
2021	$307,953	$251,281	$336,417	$56,672
2020	$269,533	$271,053	$305,363	$-1,520
2019	$280,483	$249,439	$272,192	$31,044
2018	$247,381	$208,492	$240,868	$38,889

WASHINGTON PARK EARLY LEARNING CENTER