Polk County School Readiness Coalition Inc
97% goes to programs $0 to raise $100 Thin reserves Growing revenue
Polk County School Readiness Coalition Inc is a 501(c)(3) organization based in Lakeland, Florida, registered in 2000, with $69,137,429 in FY2023 revenue. CharityIndex grades it B, and it directs about 97% of spending to programs.
115 S Missouri Ave Ste 501, Lakeland, FL, 33815 EIN 59-3648316 Since 2000
Revenue (FY2023)
$69.1M
▼ 24.2% vs prior year
Education median: $200K
Expenses (FY2023)
$69.0M
Net assets
$326K
Employees
97
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
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 Polk County School Readiness Coalition Inc: 97% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
CFinancial 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 Polk County School Readiness Coalition Inc: 0 mo reserves · +0% margin earns a C 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 Polk County School Readiness Coalition 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 Polk County School Readiness Coalition Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
We will lead community efforts in supporting the success of children
What they do
American rescue plan act (arpa): the the purpose of this funding is to implement an early learning discretionary grant program for the following purposes:- increasing/building the supply of child care- training, professional learning activities, and workforce initiatives- local initiatives/pilot projects to improve kindergarten readiness- community outreach and family engagement- equipment, supplies, classroom materials- supplying and supporting curriculum- business administration computer software- early learning software and technologythrough the arpa funding, the coalition offered a social emotional learning conference and other professional development opportunities to 300 early learning educators and coalition staff in polk county; created and implemented business support training and coaching for approximately 20 providers; piloted a coaching software system for elc coaches and pre k teachers (approximately 400) with the goal to interact, track goals, store and share data; and distributed 14,000 family engagement kits for preschool families throughout polk county in order to support early learning and kindergarten readiness.
Voluntary pre-kindergarten: prepares early learners for success in kindergarten and beyond. children must live in florida and be 4 years old on or before september 1 of the current school year to be eligible. the program helps build a strong foundation for school using educational materials that are geared to various stages in a child's development.
Early learning florida program: in 2014, the florida legislature approved a special pilot project to see whether specific training approaches improve how well children do in school readiness programs. the project is now voluntary and gives eligible child care providers and their instructors an opportunity to earn additional compensation for improving school readiness program outcomes. the coalition verifies that participants meet the requirements for completion and pays stipends to the participants in accordance with the contract.
Contact & location
- Address
- 115 S Missouri Ave Ste 501, Lakeland, FL, 33815
- City
- Lakeland
- State
- Florida
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $29.9M (FY2014) to $69.1M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.9MNet assets $326K
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$6.9M
Net assets
$326K
Salaries & benefits
$5.9M
9% of expenses
Board members
17
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $69,137,429▼24.2% | $69,044,166▼24.4% | $325,929▲40.1% | $7,204,137▼8.1% | 990 |
| 2022 | $91,203,172▲65.2% | $91,303,581▲66.2% | $232,666▼30.1% | $7,841,772▲45.8% | 990 |
| 2021 | $55,210,816▲24.3% | $54,951,373▲22.8% | $333,075▲352% | $5,377,360▲29.5% | 990 |
| 2020 | $44,426,238▲9.0% | $44,753,212▲9.5% | $73,632▼81.6% | $4,152,475▼27.4% | 990 |
| 2019 | $40,773,694▲13.3% | $40,887,013▲14.0% | $400,606▼22.0% | $5,718,964▲123% | 990 |
| 2018 | $35,990,206▲8.6% | $35,872,102▲8.7% | $513,925▲29.7% | $2,562,939▲5.4% | 990 |
| 2017 | $33,151,281▲4.9% | $32,990,936▲3.5% | $396,151▲68.0% | $2,432,296▲11.1% | 990 |
| 2016 | $31,588,159▲3.1% | $31,871,344▲4.9% | $235,806▼54.6% | $2,189,998▼22.1% | 990 |
| 2015 | $30,646,047▲2.5% | $30,376,621▲1.5% | $518,991▲108% | $2,812,677▲41.5% | 990 |
| 2014 | $29,906,442 | $29,913,422 | $249,565 | $1,987,443 | 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 (FY2023)
Highest-paid: Marc Hutek — $165,225 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marc Hutek | Chief Executive Officer | 40 | $165,225 |
| Cheryl Kelly | Deputy Director | 40 | $135,396 |
| John Patrick | Chief Financial Officer | 40 | $129,802 |
| Kenneth Franklin | Vp of Family Services | 40 | $103,678 |
| Amanda Wilson | Director - As of 9/23 | 1 | — |
| Benjamin Lefrancois | Director | 1 | — |
| Dr Emily Shaffer | Director | 1 | — |
| Dr Jane Ierardi | Vice Chair and Acting Chair | 1 | — |
| Dr Joy Jackson | Director | 1 | — |
| Dr Mary Clark | Director | 1 | — |
| Frederick Heid | Director | 1 | — |
| John Griffin | Director - As of 8/23 | 1 | — |
| Karie Barquin | Secretary | 1 | — |
| Kathryn Bevilacqua-ely | Director | 1 | — |
| Lori Shea | Treasurer | 1 | — |
| Nancy Ebrahimi | Director | 1 | — |
| Nicholas Emanuel | Director | 1 | — |
| Rick Maxey | Director | 1 | — |
| Stacy Campbell-domineck | Director | 1 | — |
| Tammi Haas | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Iventure Solutions | Information Technology | $195,404 |
Grants made · $134K in FY2022
1 grant totaling $134K in FY2022. All grants made by Polk County School Readiness Coalition Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Florida Department of Health Polk County | Health and vision screenings | $133,893 |
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Compare Polk County School Readiness Coalition Inc
Frequently asked questions
- Is Polk County School Readiness Coalition Inc a legitimate nonprofit?
- Yes. Polk County School Readiness Coalition Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-3648316, based in Lakeland, Florida. Donations are tax-deductible.
- What is Polk County School Readiness Coalition Inc's EIN?
- Polk County School Readiness Coalition Inc's Employer Identification Number (EIN) is 59-3648316.
- How much revenue does Polk County School Readiness Coalition Inc report?
- Polk County School Readiness Coalition Inc reported $69,137,429 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Polk County School Readiness Coalition Inc's spending goes to programs?
- Polk County School Readiness Coalition Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Polk County School Readiness Coalition Inc have?
- CharityIndex grades Polk County School Readiness Coalition Inc B, based on program efficiency and fundraising cost.
- How much does Polk County School Readiness Coalition Inc's highest-paid employee make?
- The highest reported compensation on Polk County School Readiness Coalition Inc's latest Form 990 is $165,225, paid to Marc Hutek (Chief Executive Officer).
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Data for Polk County School Readiness Coalition Inc (EIN 59-3648316) 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.