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Nonprofiteer
← EDUCARE OF OMAHA INC

Form 990 for tax year 2022

Filed by EDUCARE OF OMAHA INC.

Totals

Total revenue
$15,213,810
Total expenses
$16,774,330
Contributions and grants received
$11,225,820
Grants paid
$0
Program service revenue
$3,960,128
Investment income
$27,862
Other revenue
$0
Total assets, end of year
$17,473,873
Total liabilities, end of year
$1,157,233
Net assets or fund balances, end of year
$16,316,640
Program services expenses (Part IX)
$13,636,867
Management and general expenses
$3,137,463
Fundraising expenses
$0
Program service expenses (Part III)
$13,636,867

Program services were 81.3% 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.

  • 1e · Government grants (contributions)

    $7,335,859

  • 1f · All other contributions, gifts and grants

    $3,889,961

  • 1g · Noncash contributions included above

    $1,004,376

  • 2a · Program service revenue: EARLY CHILDHOOD SERVICES

    total $3,883,290 · related or exempt $3,883,290

  • 2b · Program service revenue: SPECIAL EDUCATION SERVICES

    total $50,944 · related or exempt $50,944

  • 2c · Program service revenue: PRESCHOOL TUITION

    total $22,120 · related or exempt $22,120

  • 2f · All other program service revenue

    total $3,774 · related or exempt $3,774

  • 3 · Investment income

    total $27,862 · excluded $27,862

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $271,374 · management and general $271,374

  • 7 · Other salaries and wages

    total $10,724,037 · program services $9,215,392 · management and general $1,508,645

  • 8 · Pension plan contributions

    total $205,963 · program services $180,065 · management and general $25,898

  • 9 · Other employee benefits

    total $1,254,816 · program services $1,173,871 · management and general $80,945

  • 10 · Payroll taxes

    total $815,144 · program services $685,059 · management and general $130,085

  • 11b · Fees: legal

    total $33,389 · management and general $33,389

  • 11c · Fees: accounting

    total $59,435 · management and general $59,435

  • 11g · Fees: other

    total $1,004,551 · program services $616,643 · management and general $387,908

  • 12 · Advertising and promotion

    total $19,299 · program services $116 · management and general $19,183

  • 13 · Office expenses

    total $544,247 · program services $359,437 · management and general $184,810

  • 14 · Information technology

    total $40,704 · program services $28,157 · management and general $12,547

  • 16 · Occupancy

    total $201,126 · program services $37,849 · management and general $163,277

  • 17 · Travel

    total $237,411 · program services $111,467 · management and general $125,944

  • 19 · Conferences, conventions and meetings

    total $76,884 · program services $57,588 · management and general $19,296

  • 20 · Interest

    total $207,897 · program services $99,897 · management and general $108,000

  • 22 · Depreciation, depletion and amortization

    total $185,953 · program services $179,863 · management and general $6,090

  • 24a · Other expenses: FOOD STAPLES AND SUPPLI

    total $462,091 · program services $462,091

  • 24b · Other expenses: CLASSROOM SUPPLIES

    total $430,009 · program services $429,372 · management and general $637

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,505,527 · end of year $8,078,280

  • 2 · Savings and temporary cash investments

    beginning of year $5,130 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $2,211,241 · end of year $2,850,376

  • 4 · Accounts receivable

    end of year $500,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $47,531 · end of year $14,164

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

    $458,300

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

    $384,252

  • 10c · Land, buildings and equipment, net

    beginning of year $56,636 · end of year $74,048

  • 14 · Intangible assets

    beginning of year $448,033 · end of year $0

  • 15 · Other assets

    beginning of year $6,136,868 · end of year $5,957,005

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,091,802 · end of year $1,157,233

  • 19 · Deferred revenue

    beginning of year $1,172 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $9,880,805 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,770,780 · end of year $13,202,579

  • 28 · Net assets with donor restrictions

    beginning of year $5,666,407 · end of year $3,114,061

Mission and programs · 2022

Mission

EDUCARE IS AN INNOVATIVE PARTNERSHIP BETWEEN THE PUBLIC AND PRIVATE SECTORS TO CREATE A MORE EFFICIENT, MORE EFFECTIVE EARLY LEARNING PROGRAM FOR CHILDREN FROM BIRTH TO FIVE YEARS AND TO PROVIDE COMPREHENSIVE SUPPORT TO THEIR PARENTS. A RESEARCH-BASED PROGRAM THAT PREPARES VULNERABLE YOUNG CHILDREN TO BE SUCCESSFUL LEARNERS AS THEY ENTER SCHOOL. A SPECIALLY DESIGNED PLACE THAT NURTURES EARLY LEARNING AND SENDS A BOLD MESSAGE ABOUT THE VALUE OF INVESTING IN THE FIRST FIVE YEARS. A COMPELLING PLATFORM TO DRIVE CHANGE AMONG POLICYMAKERS, BUSINESS LEADERS AND EARLY CHILDHOOD PROVIDERS BY DEMONSTRATING WHAT QUALITY EARLY LEARNING LOOKS LIKE.

Activities or mission (Part I)

PROVIDE EDUCATIONAL AND DEVELOPMENTAL PROGRAMS TO AT-RISK CHILDREN FROM BIRTH TO FIVE YEARS MEETING DESIGNATED CRITERIA, WITHIN THE OMAHA METROPOLITAN AREA.

  • EDUCARE OPERATES THREE EARLY LEARNING CENTERS THAT PROVIDE DATA-DRIVEN PRACTICES, ONGOING PROFESSIONAL DEVELOPMENT, HIGH-QUALITY TEACHING PRACTICES AND INTENSIVE FAMILY ENGAGEMENT. EDUCARE WILL SERVE AS THE FIRST STAGE OF BIRTH TO THREE FOR SOME OF OMAHA'S MOST AT-RISK YOUNG CHILDREN AND FAMILIES, WITH SPECIAL FOCUS ON THE UNDERSERVED POPULATION OF OMAHA.

    Expenses $6,973,803 · Revenue $3,883,290

  • PROGRAM OPERATION: OPERATE EARLY CHILDHOOD PROGRAMS FOCUSING ON DEVELOPMENT OF LITERACY SKILLS AND IDENTIFICATION OF DEVELOPMENTAL PROBLEMS FOR CHILDREN AT-RISK. LONGITUDINAL RESEARCH: TO DETERMINE THE VALUE OF THIS PROGRAM IN CONJUNCTION WITH THE UNIVERSITY OF NORTH CAROLINA. PARTNERSHIP BUILDING: FORM EFFECTIVE PARTNERSHIPS BETWEEN OMAHA PUBLIC SCHOOLS AND OMAHA PUBLIC SCHOOLS HEAD START, AND MODEL THE PROGRAM AFTER CHICAGO'S EDUCARE PROGRAM.

    Expenses $6,663,064 · Revenue $76,838

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jessie Rasmussen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Don Erikson

    VICE PRESIDENT/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tina Ames

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Eric Buchanan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Debora Wisneski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Y Kamaal Patterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cheryl Logan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Lopez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lauren Micek Vargas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emma Savory

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rafel Hart

    EXECUTIVE DIRECTOR

    Total calculated
    $218,563
    From this org
    $195,810
    From related orgs
    $0
    Other
    $22,753
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $195,810
    Bonus
    $0
    Other
    $0
    Deferred
    $5,874
    Nontaxable benefits
    $16,879
    Filer's total
    $218,563

  • Mark Swanson

    DIRECTOR OF FISCAL SERVICES

    Total calculated
    $52,811
    From this org
    $42,187
    From related orgs
    $0
    Other
    $10,624
    Hours/week
    40

  • Jamalia Jones

    SENIOR OPERATIONS DIRECTOR

    Total calculated
    $154,410
    From this org
    $133,237
    From related orgs
    $0
    Other
    $21,173
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,237
    Bonus
    $0
    Other
    $0
    Deferred
    $3,948
    Nontaxable benefits
    $17,225
    Filer's total
    $154,410

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 survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323189349305422

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