Charlotte Bilingual Learning Center

Nonprofit profile at a glance

EIN
364522499
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Charlotte, NC, USA
Phone
7045358080
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions

Official website

Reported finances

Revenue
$2,856,894
Expenses
$4,151,018
Assets
$2,133,302
Liabilities
$337,519

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Ana Silva Rey (CEO)

Highest reported compensation

  • Ana Silva Rey (CEO): $84,383 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charlotte Bilingual Preschool (CltBP) prepares Spanish-speaking children for success in school and life by providing superior dual language, multi-cultural early childhood education.

What it reported doing in 2024

The preschool provides culturally relevant, comprehensive Family Programs that offer family members resources and support to help them lead healthy families, engage effectively in their childrens early development, and prepare their children for success in elementary school and beyond. Weekly Family Cafs are a central component of CltBPs Family Programs, through which a trained Family Educator presents information and facilitates discussion about topics chosen by families. In the 2023-24 school year, topics included supporting childrens social-emotional development, promoting literacy development, parent mental health and well-being, and community resources. Discussions typically share evidence-based best practices, while also providing opportunities for families to share their experiences, strengths, and challenges related to the topic. Family Cafs aim to promote positive educational involvement at home and at school, while also helping family members develop relationships with one another and learn from one anothers experiences and expertise. In turn, these relationships can promote greater social support and social capital and enhance participants capacity to promote the best possible outcomes for their children and families. Related to these goals, the Family Programs also organized several events that aimed to build community and connect families to community resources. These events included holiday celebrations, a kindergarten fair, computer, and financial literacy workshops. In the 2023-24 school year, CltBPs Family Programs partnered with leaders from the family community to open CltBPs Clothing Closet, which provides free clothing, materials, and supplies for families with infants and toddlers. Taken together, these programs illustrate CltBPs commitment to meeting the diverse needs of CltBP children and families and creating opportunities to foster social support, social capital, and mutual learning among families. Importantly, these benefits position families to effectively support their childrens development. CltBP also offered services for 33 families with children from birth to age 1.5 through three iterations of the 10-week Creciendo Juntos (Growing Together) program. Through Creciendo Juntos, CltBPs Family Educator facilitated weekly group meetings (via Zoom; 10 meetings total) with groups of 10 to 14 parents to discuss evidence-based strategies for nurturing infants and newborns. In addition to programing focused on supporting children and families, CltBP implemented workforce development programing, which aimed to build on the strengths of CltBP families to develop an early childhood education workforce to provide high quality, culturally and linguistically responsive early care and education for Spanish-speaking children and families. CltBPs workforce development programs help immigrant and Spanish-speaking adults (primarily from the CltBP family community) earn the certifications required to be preschool teachers. Leveraging partnerships with Central Piedmont Community College, participants complete courses provided Spanish that help them progress toward a Preschool Teacher Certificate. Simultaneously, participants engage in English as a Second Language classes, which allows them to pursue additional educational pathways, such as an associates degree, bachelors degree, or a graduate Birth-Kindergarten Certificate. While completing coursework, twelve participants engaged in CltBPs apprenticeship program, which helps them develop practical teaching skills in a dual language, culturally responsive setting. Apprentices provide support in CltBP classrooms at least two days per week, receive 4 mentorship from lead teachers in their classroom, and participate in weekly trainings offered by CltBPs coach. Additionally, apprentices work 20 hours as Early Learning Specialists in ParentChild+. Upon completion of program requirements, apprentices receive a Preschool Teacher Apprenticeship Certificate from the US Departme

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.9%; rating input score 92
  • Program expense ratio: 76.7%; rating input score 77
  • Fundraising efficiency: $4.6 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -45.3%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 76; 76th percentile among comparable filings

Growth

  • Program expense growth: 20.6% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 18.9% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 91.9% of revenue deployed · 76.7% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.2M in reported program spending
  • Leadership: top reported pay $84K · 20 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 15/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.