NonprofitsEarly Learning Property Management Inc

Housing & Shelter

Early Learning Property Management Inc

ATLANTA, GA

Total revenue

$4.3M

Total expenses

$3.4M

Net assets

$27.9M

Grants received

$3.4M

7 grants

EIN

582491036

Tax year

2024

Mission

To provide affordable classrooms for early learning programs helping disadvantaged youth in georgia through the purchase or lease and renovation or construction of classroom facilities. The facilities are leased at a below-market rate to early learning programs, such as headstart, that are 501(c)(3) organizations. Facilities may also be provided to early learning programs through sales, direct financing leases, or development/construction agreements.

Programs

2 programs

During 2021, the organization began a new program, quality facilities initiative, and collaborated with geears, the georgia early education alliance for ready students, inc. In its paact program to help early childhood education providers improve the quality of early learning environments by making grants available for small capital and maintenance projects for existing early learning facilities. The organization will use its extensive knowledge regarding the construction/renovation of early learning facilities to oversee the capital and maintenance projects on behalf of the grant recipients.

Expenses: $1.4MGrants: $1.4M

The sibley grant is a competition between only the elpm centers as deemed by the original gifting funders: the harland foundation ($100,000) and the pittulloch foundation ($100,000). Each year the elpm centers compete for this grant to introduce a new program to their existing program services.

Expenses: $15KGrants: $15K

Financials

FY 2024

Revenue

Contributions & grants$2.6M
Program service revenue$1.4M
Investment income$375K
Other revenue
Total revenue$4.3M

Expenses

Grants paid$1.4M
Salaries & benefits$454K
Fundraising
Other expenses$1.6M
Total expenses$3.4M
Total assets$28.8M
Net assets$27.9M

People

16 listed

NameRoleCompensation

KARA PORTNELL

EXECUTIVE DIRECTOR

Board

$163K

50 hrs/wk

DAVE MATHEWS

FINANCE COMMITTEE CHAIR

Board

0.1 hrs/wk

EDRICK HARRIS

SECRETARY

Board

0.1 hrs/wk

AUDREY IDAIKKADAR

TRUSTEE

Board

0.1 hrs/wk

DELILAH WYNN-BROWN

TRUSTEE

Board

0.1 hrs/wk

ELLYN COCHRAN

TRUSTEE

Board

0.1 hrs/wk

GAIL EDWARDS

TRUSTEE

Board

0.1 hrs/wk

JIM BEATY

CHAIRMAN (START 6/30/2024)

Board

0.1 hrs/wk

MARK SUTTON

TRUSTEE

Board

0.1 hrs/wk

MARY PAT CROUCH

TRUSTEE

Board

0.1 hrs/wk

YOLANDA MARROQUIN

TRUSTEE

Board

0.1 hrs/wk

BANK HIPP

TRUSTEE (THRU 6/30/2024)

Board

0.1 hrs/wk

DONATA RUSSELL ROSS

TRUSTEE (THRU 6/30/2024)

Board

0.1 hrs/wk

JERE SMITH

TRUSTEE (THRU 6/30/2024)

Board

0.1 hrs/wk

DAVID HADDOW

CHAIRMAN (THRU 6/30/2024)

Board

0.1 hrs/wk

MICHAEL LUNTSFORD

PROJECT MANAGER/BUILDING OPERATIONS

Staff

$111K

40 hrs/wk

Independent contractors

BANNER SERVICES GROUP LLC

GENERAL CONTRACTOR

$610K

MAXAIR MECHANICAL

HVAC WORK

$402K

SITE SPECIALTIES

PLAYGROUND-CONTRACTOR

$384K

LEVEL CONSTRUCTION SRVCS INC

GENERAL CONTRACTOR

$372K

LANDSCAPE WORKSHOP

LANDSCAPE

$125K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$1.5M
GENERAL SUPPORT
2023
$1.1M
GENERAL SUPPORT
2022
$15K
SUPPORT RECIPIENT ORGANIZATION'S CHARITABLE ACTIVITIES
2022
$650K
GENERAL SUPPORT
2021
$5K
GENERAL SUPPORT OF ORGANIZATION
2020

Funded by

$3.4M from 5 funders · 7 grants · 2020–2023

United Way Of Greater Atlanta Inc

$3.3M · 3 grants · 2021–2023

The Nell & William Elkin Mem Fund

$50K · 1 grant · 2021

John H & Wilhelmina D Harland

$15K · 1 grant · 2022

The Jals Family Foundation

$5K · 1 grant · 2020

Details

EIN582491036
NTEE codeL11
Subsection03
Ruling date2000-02
Formed1999
Employees3
Volunteers10
EARLY LEARNING PROPERTY MANAGEMENT INC — Mission, Financials & Grants Received | Grantivo