Connections Early Learning Center

EIN: 873583915 501(c)(3) Education

Bridgewater, VA

Total Revenue
$794,688
Total Expenses
$725,277
Total Assets
$456,194
Net Assets
$456,194
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Principal Officer
Amanda Peters
Phone
5408282200
Tax Period
2024-07-01 to 2025-06-30

Connections Early Learning Center, founded in 2021, is a small nonprofit in the Education sector that reported $670K in total revenue in fiscal year 2022. Revenue surged 472% from the prior year, signaling strong growth momentum. The organization ran a surplus of $142K, a strong 21% operating margin.

Mission

Connections Early Learning Center provides licensed full-day care and education for infants toddlers and preschoolers as well as programming and academic support for elementary-aged children before and after school with full-day programming in the summer. Our professional staff and volunteers support childrens personal development school readiness and educational success through guided exploration meaningful play and structured group experiences. Our teachers create developmentally appropriate projects that reflect childrens interests stimulate their excitement in learning and promote collaboration and communication. We work collaboratively with families to share knowledge of the childs development at school and at home.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $126,461
Program Service Revenue $649,131
Investment Income $13,438
Other Revenue $5,658
TOTAL REVENUE $794,688

Expense Breakdown

Grants Paid $13,230
Salaries & Benefits $605,103
Fundraising Expenses $8,086
Program Expenses $578,805
Other Expenses $106,944
TOTAL EXPENSES $725,277

Year-over-Year Comparison

2024 2023 Change
Revenue $794,688 $880,858 -0.1%
Expenses $725,277 $665,200 +0.1%
Net Income $69,411 $215,658 -0.7%
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
10
Independent Members
N/A
Employees
29
Volunteers
47

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
4
$56,625
Total Directors
10
$0
Key Employees
1
$56,625
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amanda Peters Director 45.00
Officer Key Emp Highest
$56,625 $0 $56,625
David Burchfield Board Chair 4.00
Officer Director
$0 $0 $0
Eric Black Treasurer 3.00
Officer Director
$0 $0 $0
Dawn Flora Trustee 2.00
Director
$0 $0 $0
Donna Hoskins Trustee 1.00
Director
$0 $0 $0
Vanessa Keasler Trustee 1.00
Director
$0 $0 $0
John Flora Secretary 2.00
Officer Director
$0 $0 $0
Laura Evick Trustee 1.00
Director
$0 $0 $0
Rodney Alderfer Vice Chair 1.00
Director
$0 $0 $0
Stephanie Stevens Trustee 1.00
Director
$0 $0 $0
Marlena Jarboe Trustee 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 $794,688 $725,277 $456,194 $69,411
2024 $880,858 $665,200 $386,783 $215,658
2023 $669,886 $528,163 $171,125 $141,723
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