New York League for Early Learning Inc
Nonprofit profile at a glance
- EIN
- 112513824
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2126836700
- Rating
- 32
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $53
- Expenses
- $49,716
- Assets
- $349,204
- Liabilities
- $5,125,466
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- EDWARD R MATTHEWS (CEO, ADAPT COMMUNITY NETWORK (THRU 11/24))
- LINDA LAUL (CEO, ADAPT COMMUNITY NETWORK (AS OF 1/25))
Highest reported compensation
- EDWARD R MATTHEWS (CEO, ADAPT COMMUNITY NETWORK (THRU 11/24)): $943,636 total reported compensation
- LINDA LAUL (CEO, ADAPT COMMUNITY NETWORK (AS OF 1/25)): $413,559 total reported compensation
- A'ISHA TORRENCE (CFO, ADAPT COMMUNITY NETWORK): $289,434 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
For more than 20 years, the New York league for early learning has provided infants and children with educational and therapeutic services in order to support achievement to their fullest potential now and throughout their lives.
What it reported doing in 2024
Nylel provides programs and services to individuals with developmental disabilities funded primarily by the sed. Effective april 1, 2019, all sed programs and services provided by nylel were officially transferred under the operating auspices of the agency. The nylel entity continued to provide early intervention services until february 2021. An application was filed with the attorney general to dissolve the nylel entity. Nylel is awaiting approval by New York state regulatory authorities.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 64
- Accountability: 62
- Sustainability: 17
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 20th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -93,703.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 7.02; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 14.68; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 244.6%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -26.6% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -15.4% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: -15.5% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 1 of 2 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $944K · 4 people listed · 0 of 6 pay-setting controls reported
- Consistency: 16 of 16 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 11 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Independent voting board scored 50/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 2/100.