St Vincent Early Learning Center Inc

Nonprofit profile at a glance

EIN
350869067
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Evansville, IN, USA
Phone
8124244780
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,288,238
Expenses
$3,651,057
Assets
$3,019,242
Liabilities
$245,310

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KRISTA WEDDING (PRESIDENT/EXECUTIVE DIRECT)

Highest reported compensation

  • KRISTA WEDDING (PRESIDENT/EXECUTIVE DIRECT): $113,720 total reported compensation

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

Overview

Mission

Founded on the values of the daughters of charity, st. Vincent early learning center is an accredited early childhood education and care center that starts all children on a pathway to lifetime success and coordinated programs and services to help their families thrive.

What it reported doing in 2024

In 2024-2025, early education services were provided to over 200 children ranging in age from 6 weeks to 6 years.st. Vincent elc focuses on providing children with healthy nutrition and modeling good health practices. With help from the child and adult care food program (cacfp), we served 92,004 healthy meals to enrolled children and continue to limit processed foods and sugar-loaded snacks in our menus.development of the whole child is a concept which st. Vincent elc strongly believes in. Thanks to the generous contributions of local partners, children at st. Vincent elc have access to fully equipped classrooms such as a variety of artistic media which encourages the children to express themselves. In addition, st. Vincent elc was able to distribute over 1,200 books to children and facilitated a week-long focus on early literacy skills through guest readers and classroom learning plans.

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.

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: 88
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.5%; rating input score 97
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $13.55 raised per $1 spent on fundraising; rating input score 48; 48th 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: -11%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 97.5% of revenue deployed · 85.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.1M in reported program spending
  • Leadership: top reported pay $114K · 12 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 12 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • High — Sustainability: Operating margin scored 12/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.