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Nonprofiteer
← MERCY LEARNING CENTER OF BRIDGEPORT INCORPORATED

Form 990 for tax year 2024

Filed by MERCY LEARNING CENTER OF BRIDGEPORT INCORPORATED.

Totals

Total revenue
$3,879,624
Total expenses
$4,086,454
Contributions and grants received
$2,940,385
Grants paid
$230,256
Program service revenue
$0
Investment income
$388,274
Other revenue
$550,965
Total assets, end of year
$15,553,993
Total liabilities, end of year
$243,021
Net assets or fund balances, end of year
$15,310,972
Program services expenses (Part IX)
$3,152,401
Management and general expenses
$571,772
Fundraising expenses
$362,281
Program service expenses (Part III)
$3,152,401

Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $240,500

  • 1e · Government grants (contributions)

    $50,000

  • 1f · All other contributions, gifts and grants

    $2,649,885

  • 1g · Noncash contributions included above

    $175,538

  • 3 · Investment income

    total $388,073 · excluded $388,073

  • 7a · Gross sales of assets other than inventory

    securities $2,809,614

  • 7b · Less cost or other basis and sales expenses

    securities $2,809,413

  • 7c · Gain or loss

    securities $201

  • 7d · Net gain or loss

    total $201 · excluded $201

  • 8a · Fundraising events: gross income

    $607,026

  • 8a · Fundraising events: contributions included on line 1c

    $240,500

  • 8b · Fundraising events: direct expenses

    $56,061

  • 8c · Net income from fundraising events

    total $550,965 · excluded $550,965

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $230,256 · program services $230,256

  • 5 · Compensation of officers, directors and key employees

    total $332,701 · program services $187,509 · management and general $85,380 · fundraising $59,812

  • 7 · Other salaries and wages

    total $2,083,333 · program services $1,627,270 · management and general $283,744 · fundraising $172,319

  • 9 · Other employee benefits

    total $209,440 · program services $162,605 · management and general $28,868 · fundraising $17,967

  • 10 · Payroll taxes

    total $183,787 · program services $138,420 · management and general $27,860 · fundraising $17,507

  • 11b · Fees: legal

    total $7,608 · management and general $7,608

  • 11c · Fees: accounting

    total $91,550 · management and general $91,550

  • 11e · Fees: professional fundraising services

    total $40,364 · fundraising $40,364

  • 11f · Fees: investment management

    total $30,000 · management and general $30,000

  • 11g · Fees: other

    total $74,424 · program services $39,719 · fundraising $34,705

  • 13 · Office expenses

    total $228,847 · program services $210,809 · management and general $6,427 · fundraising $11,611

  • 16 · Occupancy

    total $155,876 · program services $152,758 · management and general $1,559 · fundraising $1,559

  • 19 · Conferences, conventions and meetings

    total $25,812 · program services $25,812

  • 22 · Depreciation, depletion and amortization

    total $114,513 · program services $112,223 · management and general $1,145 · fundraising $1,145

  • 23 · Insurance

    total $61,538 · program services $60,308 · management and general $615 · fundraising $615

  • 24a · Other expenses: INSTRUCTIONAL PROGRAM

    total $169,633 · program services $169,633

  • 24b · Other expenses: SECURITY

    total $46,772 · program services $35,079 · management and general $7,016 · fundraising $4,677

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $967,445 · end of year $180,382

  • 2 · Savings and temporary cash investments

    beginning of year $2,000,816 · end of year $894,437

  • 3 · Pledges and grants receivable

    beginning of year $34,018 · end of year $6,674

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,518 · end of year $22,690

  • 10a · Land, buildings and equipment: cost or other basis

    $3,613,033

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,902,848

  • 10c · Land, buildings and equipment, net

    beginning of year $1,520,545 · end of year $1,710,185

  • 11 · Investments: publicly traded securities

    beginning of year $9,983,533 · end of year $12,638,647

  • 12 · Investments: other securities

    beginning of year $35,238 · end of year $36,314

  • 15 · Other assets

    beginning of year $53,503 · end of year $64,664

  • 17 · Accounts payable and accrued expenses

    beginning of year $59,140 · end of year $114,415

  • 19 · Deferred revenue

    beginning of year $70,274 · end of year $128,606

  • 27 · Net assets without donor restrictions

    beginning of year $9,752,514 · end of year $11,292,432

  • 28 · Net assets with donor restrictions

    beginning of year $4,733,688 · end of year $4,018,540

Mission and programs · 2024

Mission

MERCY LEARNING CENTER EMPOWERS WOMEN TO REACH THEIR FULL POTENTIAL THROUGH FREE TRANSFORMATIVE EDUCATION IN A COMPASSIONATE, SUPPORTIVE ENVIRONMENT.

  • ADULT EDUCATION: MERCY LEARNING CENTER'S ADULT EDUCATION PROGRAM IS DESIGNED TO PROVIDE WOMEN WITH THE OPPORTUNITY TO LEARN ENGLISH, ACQUIRE BASIC MATH AND WRITING SKILLS, OBTAIN A U.S. HIGH SCHOOL DIPLOMA, BECOME MORE ENGAGED IN THEIR COMMUNITIES, AND IMPORTANTLY, TO SECURE THEIR FIRST JOB IN THE U.S. OR OBTAIN HIGHER WAGE EMPLOYMENT. THE CURRICULUM INCLUDES ENGLISH AS A SECOND LANGUAGE (ESL) CLASSES, ADULT BASIC EDUCATION (ABE), AND 4-5 HOURS OF COMPUTER LITERACY AND TECHNOLOGY TRAINING EACH WEEK. FOR THOSE SEEKING THEIR U.S. HIGH SCHOOL DIPLOMA, BOTH GENERAL EDUCATION DIPLOMA (GED) AND NATIONAL EXTERNAL DIPLOMA PROGRAM PREPARATION AND TESTING ARE PROVIDED. PRACTICAL LIFE SKILLS, TRAINING FOR EMPLOYMENT, AND TRANSITIONING TO POST-SECONDARY EDUCATION ARE MAJOR FOCI, ESPECIALLY AS WOMEN ENTER MORE ADVANCED CLASSES. STUDENTS ALSO PARTICIPATE IN A VARIETY OF ONGOING ENRICHMENT WORKSHOPS ON TOPICS INCLUDING HEALTH, PARENTING, FINANCIAL LITERACY, SAFETY, AND ART APPRECIATION. OFFERED ON A FULL-TIME OR PART-TIME TRACK, THIS PROGRAM PROVIDES THE FLEXIBILITY FOR LEARNERS TO MOVE BACK AND FORTH BETWEEN THE TWO TRACKS BASED ON CHANGING DEMANDS OF WORK AND FAMILY. IN 2024-2025, 492 WOMEN FROM OVER 3 DOZEN DIFFERENT COUNTRIES, ALL OF WHOM ARE ASSET-LIMITED, INCOME CONSTRAINED, EMPLOYED (ALICE) OR LIVING BELOW THE FEDERAL POVERTY LEVEL.

    Expenses $2,427,349 · Grants $230,256

  • EARLY CHILDHOOD EDUCATION PROGRAM: MERCY LEARNING CENTERS' STATE-LICENSED EARLY CHILDHOOD EDUCATION PROGRAM (ECEP) PROVIDES STUDENTS' CHILDREN AGED 3 MONTHS TO FIVE YEARS OLD WITH COMPASSIONATE AND STIMULATING LEARNING ENVIRONMENTS THAT ARE CRITICAL FOR KINDERGARTEN READINESS IN ENGLISH-DOMINATE CLASSROOMS. AGE APPROPRIATE, ROUTINE-BASED SCHEDULES ARE IMPLEMENTED TO ORGANIZE ACTIVITES INTO A DAILY STRUCTURE, INCLUDING INTERACTIVE PLAY, EXPLORATION AND INVESTIGATION, ENGLISH LANGUAGE IMMERSION, STORY-TIME, ARTS AND CRAFTS, AND PLAYGROUND TIME. EACH OF OUR THREE CLASSROOMS PROVIDE BRIGHT, COLORFUL, CLEAN SPACES WHERE UP TO 20 CHILDREN (60 TOTAL AT A TIME) CAN LEARN, PLAY AND BE CARED FOR IN THE SAME BUILDING WHERE THEIR MOTHERS ARE ATTENDING CLASSES. CHILDREN ATTEND OUR ECEP PROGRAM ON-SITE WHILE THEIR MOTHERS ARE IN CLASS TO ELIMINATE THE BARRIER OF CHILDCARE IN A WOMAN'S EDUCATION. THE ECEP CURRICULUM HOLISTICALLY IMPROVES CHILDREN'S OVERALL DEVELOPMENT: PRE-LITERACY, PROBLEM-SOLVING, SELF-HELP, AND FINE AND GROSS MOTOR SKILLS, AS WELL AS COGNITIVE, PHYSICAL, SOCIAL, AND EMOTIONAL SKILLS.

    Expenses $725,052

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Eric Speer

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Hicks

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Roseanna Coleman

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Allison Allott

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Christopher Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Michael Ian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Brian Wenzel Sr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sara Letourneau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marcia Lim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Beth Peto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Stella Seo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Denise Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barbara Kleban

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lindsay Wyman

    PRESIDENT & CEO

    Total calculated
    $195,849
    From this org
    $181,203
    From related orgs
    $0
    Other
    $14,646
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,203
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,646
    Filer's total
    $195,849

  • Jeanette Lizondro

    DIRECTOR OF OPERATIONS

    Total calculated
    $133,284
    From this org
    $118,262
    From related orgs
    $0
    Other
    $15,022
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION PAID A DISCRETIONARY BONUS TO THE CEO BASED ON PERFORMANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
30 October 2025
IRS schema version
2024v5.2
Source object
202503079349301025

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