Early Learning Coalition of Pasco and Hernando Counties Inc
97% goes to programs $0 to raise $100 Thin reserves Declining revenue
Early Learning Coalition of Pasco and Hernando Counties Inc is a 501(c)(3) organization based in Hudson, Florida, registered in 2001, with $41,015,350 in FY2024 revenue. CharityIndex grades it C+, and it directs about 97% of spending to programs.
12107 Majestic Blvd, Hudson, FL, 34667 EIN 59-3639528 Since 2001
Revenue (FY2024)
$41.0M
▼ 11.0% vs prior year
Education median: $200K
Expenses (FY2024)
$41.1M
Net assets
-$307K
Employees
48
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating97% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Early Learning Coalition of Pasco and Hernando Counties Inc: 97% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Early Learning Coalition of Pasco and Hernando Counties Inc: 0 mo reserves · -0% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Early Learning Coalition of Pasco and Hernando Counties Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Early Learning Coalition of Pasco and Hernando Counties Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To prepare children from our counties to enter and succeed in school, effectively utilizing school readiness funds supplied by the state of florida and the federal government and voluntary pre-kindergarten funds supplied by the state of florida.
What they do
Voluntary pre-k - to provide funding for a program designed to prepare four year olds for kindergarten and build the foundation for their educational success.
Contact & location
- Address
- 12107 Majestic Blvd, Hudson, FL, 34667
- City
- Hudson
- State
- Florida
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $25.6M (FY2013) to $41.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.7MNet assets -$307K
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$4.7M
Net assets
-$307K
Salaries & benefits
$3.7M
9% of expenses
Board members
26
26 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $41,015,350▼11.0% | $41,124,100▼10.8% | -$306,873▼54.9% | $4,352,998▲33.4% | 990 |
| 2023 | $46,066,307▼38.4% | $46,097,766▼38.5% | -$198,123▼18.9% | $3,263,495▲1.9% | 990 |
| 2022 | $74,831,999▲48.7% | $74,899,495▲48.9% | -$166,664▼68.1% | $3,202,621▼43.4% | 990 |
| 2021 | $50,323,047▲20.0% | $50,296,383▲19.9% | -$99,168▲21.2% | $5,656,695▲42.2% | 990 |
| 2020 | $41,918,808▲25.5% | $41,964,449▲25.7% | -$125,832▼56.9% | $3,978,920▼21.6% | 990 |
| 2019 | $33,389,323▲17.9% | $33,376,242▲17.8% | -$80,191▲14.0% | $5,077,403▲79.7% | 990 |
| 2018 | $28,322,775▲0.9% | $28,328,570▲0.8% | -$93,272▼6.6% | $2,825,281▲114% | 990 |
| 2017 | $28,066,534▲2.8% | $28,106,469▲3.1% | -$87,477▼84.0% | $1,320,740▼38.9% | 990 |
| 2016 | $27,299,960▲3.3% | $27,270,760▲3.3% | -$47,542▲38.0% | $2,162,988▲28.8% | 990 |
| 2015 | $26,430,897▲2.8% | $26,397,019▲2.4% | -$76,742▲30.6% | $1,679,517▼0.8% | 990 |
| 2014 | $25,705,221▲0.5% | $25,790,046▲0.4% | -$110,619▼329% | $1,692,224▼5.3% | 990 |
| 2013 | $25,575,168 | $25,691,632▲0.4% | -$25,794▼128% | $1,786,648▲3.7% | 990 |
| 2012 | — | $25,584,235▼0.8% | $90,670▲130% | $1,723,049▲13.6% | 990 |
| 2011 | — | $25,795,236 | -$305,969 | $1,516,433 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Steve Knobl — $220,500 (0.54% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Steve Knobl | Executive Director | 40 | $220,500 |
| Rachel Hardy | Highest Compensated Employee | 40 | $141,842 |
| Carrie Culbertson | Highest Compensated Employee | 40 | $115,235 |
| Ljubica Sevic | Highest Compensated Employee | 40 | $107,573 |
| Kelli Rodriguez | Highest Compensated Employee | 40 | $100,056 |
| Adam Horn | Board Member | 1 | — |
| Amy Anderson | Board Member | 1 | — |
| Anna Jensen | Board Member | 1 | — |
| Bimal Bhojani | Board Chairman | 1 | — |
| Chantal Porte | Board Member | 1 | — |
| Daniel Wright | Board Member | 1 | — |
| David Slovut | Board Member | 1 | — |
| Elizabeth Narverud | Board Member | 1 | — |
| Jacob Horner | Board Member | 1 | — |
| Jan Jones | Board Member | 1 | — |
| Jessica Weightman | Board Member | 1 | — |
| John Legg | Board Member | 1 | — |
| Kimberly Harrison | Board Member | 1 | — |
| Kurt Browning | Board Member | 1 | — |
| Lisa Campos | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Lapetite Academy | Childcare Services | $551,877 |
| O2b Kids New Port Richey | Childcare Services | $514,731 |
| Little Sunshine Preschool and Learning Center | Childcare Services | $483,485 |
| New Horizons Preschool & Learning Center | Childcare Services | $456,976 |
| Cedarview Learning Center Too | Childcare Services | $456,787 |
Grants received · $296K total
5 grants to Early Learning Coalition of Pasco and Hernando Counties Inc totaling $296K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Save the Children Federation Inc | Livelihoods activity | 2024 | $10,000 |
| Save the Children Federation Inc | Child poverty activity | 2023 | $10,000 |
| Share Our Strength | Childhood hunger programs | 2021 | $78,000 |
| Share Our Strength | Childhood hunger programs | 2021 | $78,000 |
| Share Our Strength | Childhood hunger programs | 2020 | $120,000 |
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Compare Early Learning Coalition of Pasco and Hernando Counties Inc
Frequently asked questions
- Is Early Learning Coalition of Pasco and Hernando Counties Inc a legitimate nonprofit?
- Yes. Early Learning Coalition of Pasco and Hernando Counties Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3639528, based in Hudson, Florida. Donations are tax-deductible.
- What is Early Learning Coalition of Pasco and Hernando Counties Inc's EIN?
- Early Learning Coalition of Pasco and Hernando Counties Inc's Employer Identification Number (EIN) is 59-3639528.
- How much revenue does Early Learning Coalition of Pasco and Hernando Counties Inc report?
- Early Learning Coalition of Pasco and Hernando Counties Inc reported $41,015,350 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Early Learning Coalition of Pasco and Hernando Counties Inc's spending goes to programs?
- Early Learning Coalition of Pasco and Hernando Counties Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Early Learning Coalition of Pasco and Hernando Counties Inc have?
- CharityIndex grades Early Learning Coalition of Pasco and Hernando Counties Inc C+, based on program efficiency and fundraising cost.
- How much does Early Learning Coalition of Pasco and Hernando Counties Inc's highest-paid employee make?
- The highest reported compensation on Early Learning Coalition of Pasco and Hernando Counties Inc's latest Form 990 is $220,500, paid to Steve Knobl (Executive Director).
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Data for Early Learning Coalition of Pasco and Hernando Counties Inc (EIN 59-3639528) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.