Young Families Early Head Start
Nonprofit profile at a glance
- EIN
- 810422429
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Billings, MT, USA
- Phone
- 4062592007
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,148,523
- Expenses
- $1,130,335
- Assets
- $1,439,526
- Liabilities
- $87,394
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JESSICA KANNEGIESSER (EXECUTIVE DIRECTOR)
Highest reported compensation
- JESSICA KANNEGIESSER (EXECUTIVE DIRECTOR): $101,527 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of young families early head start, inc. Is to assist and support low-income, primarily teen, parents and prenatal parents in pursuit of their educational goals and the development of their parenting skills, while providing comprehensive quality child care for their infants and toddlers, birth to age three.
What it reported doing in 2024
Young families is an early head start program that serves primarily teen and low-income families with children birth to three years of age, pregnant women, and infants and toddlers, including children with disabilities, whose parents are teenagers completing their high school education, as well as parents obtaining post-secondary education/training in college or technical schools, and working parents. Intensive services to infants, toddlers, and their families in a comprehensive two-generation program include services that begin before the child is born concentrating on enhancing the child's development and supporting the family during the critical first three years of the child's life. The teen parent program allows parents to earn high school credit for attending on-site child and parent development classes that include prenatal information, human growth and development, parent education, healthy relationships, and life skills taught by certified billings school district #2 instructors. In addition, the organization is licensed by the state of Montana as a child daycare center in order to provide child care to teen parents while attending their designated high school earning the necessary credits required for graduation. Young families early head start employs a health and wellness specialist who works closely with each family to ensure their child's participation in a schedule of well child care and implementation of ongoing evaluation procedures to identify health and/or developmental concerns. The organization believes that the environment and all areas of development including social, emotional, cognitive, and physical development are vital.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.8%; rating input score 83
- Program expense ratio: 83.7%; rating input score 84
- Fundraising efficiency: $357.71 raised per $1 spent on fundraising; rating input score 95; 95th 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: 1.6%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 9%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 82.8% of revenue deployed · 83.7% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $947K in reported program spending
- Leadership: top reported pay $102K · 13 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 41/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.