2024-03-21T09:43:51-05:00 2023-08-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-09-01 521055687 WONDERS EARLY LEARNING EXTENDED DAY WOND 3016545339 5272 RIVER ROAD 530 CHEVY CHASE MD 20816 JOANNE HURT EXECUTIVE DIRECTOR 3016545339 2024-03-21 1 JOANNE HURT 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOANNE HURT 5272 RIVER ROAD 530 CHEVY CHASE MD 20816 4917869 0 X WWW.WONDERSLEARNING.ORG X 1976 MD SEE PART III, LINE 1. 17 16 127 17 0 0 1378228 225489 3575362 4457055 53851 44695 360 5848 5007801 4733087 272940 379187 0 0 3338062 3830150 0 0 103142 880007 1070234 4491009 5279571 516792 -546484 1491941 1361416 813541 1180167 678400 181249 TO CREATE AND ADVANCE HIGH QUALITY, DIVERSE EDUCATIONAL COMMUNITIES THAT TEACH CHILDREN THE FOUNDATIONS OF LIFE-LONG LEARNING AND SOCIAL RESPONSIBILITY. 0 0 4179103 379187 4457055 WONDERS EARLY LEARNING + EXTENDED DAY BELIEVES CHILDREN DEVELOP AND LEARN THROUGH PLAY IN A NURTURING AND DIVERSE COMMUNITY. WE ARE A NONPROFIT PROVIDER OF ACCREDITED EARLY CHILDHOOD EDUCATION, BEFORE/AFTER SCHOOL CARE, AND SUMMER CAMP WITH FLEXIBLE PROGRAMS, FOR CHILDREN AGES TWO MONTHS THROUGH SIXTH GRADE WITH NINE LOCATIONS IN WASHINGTON, DC, VIRGINIA AND MARYLAND. A VITAL ASPECT OF OUR PROGRAM IS OUR COMMITMENT TO MULTICULTURAL AND SOCIAL JUSTICE EDUCATION. WE CAREFULLY CREATE AN ENVIRONMENT THAT REFLECTS NOT ONLY THE CULTURES OF THE FAMILIES WE SERVE BUT THE WORLD AROUND US. WE BELIEVE THIS VALIDATES CHILDREN'S EXPERIENCES, TEACHES THE IMPORTANCE OF VALUING SIMILARITIES AND DIFFERENCES, AND BUILDS THE CONNECTION BETWEEN HOME AND SCHOOL. 4179103 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X JOANNE HURT 3016545339 5272 RIVER ROAD 530 CHEVY CHASE MD 20816 JOANNE HURT EXECUTIVE DIRECTOR 40.00 X X 168596 0 14373 MARY GROSS PRESIDENT 3.00 X X 0 0 0 KRISTEN DARLING VICE PRESIDENT 2.00 X X 0 0 0 TIM BRENNAN TREASURER 2.00 X X 0 0 0 CHRIS KAY SECRETARY 2.00 X X 0 0 0 DEBBIE BROWN BOARD MEMBER 1.00 X 0 0 0 MICHELLE NEUMAN BOARD MEMBER 1.00 X 0 0 0 SHANA BARTLEY BOARD MEMBER 1.00 X 0 0 0 COURTNEY CASON BOARD MEMBER 1.00 X 0 0 0 LA DON LOVE BOARD MEMBER 1.00 X 0 0 0 SARAH SCHAFFER DEROO BOARD MEMBER 1.00 X 0 0 0 FARRELL RODD BOARD MEMBER 1.00 X 0 0 0 COLIN JONES BOARD MEMBER 1.00 X 0 0 0 KARA STEIN BOARD MEMBER 1.00 X 0 0 0 FRANCA BRILLIANT BOARD MEMBER 1.00 X 0 0 0 JUDY WEN BOARD MEMBER 1.00 X 0 0 0 RICHARD CALLAGHAN BOARD MEMBER 1.00 X 0 0 0 168596 0 14373 1 0 1 0 0 20200 205289 225489 TUITION, CAMP & REG. 900099 4457055 4457055 4457055 19869 19869 209608 184782 24826 24826 24826 MISCELLANEOUS 900099 5848 0 5848 5848 4733087 4457055 0 50543 379187 379187 183043 173891 9152 3120322 2357363 699347 63612 66940 52289 12811 1840 167295 132895 29507 4893 292550 234040 49734 8776 6090 4994 1096 92492 75843 16649 11378 11378 158014 134737 23277 13183 11649 1304 230 64599 26156 37462 981 283800 227040 48246 8514 12073 9659 2052 362 34784 28523 6261 CLASS/CENTER MATERIALS 203332 203332 RECRUIT./STAFF DEVELOP. 81983 65586 13937 2460 DUES, FEES, AND FINES 37040 29633 6296 1111 EQUIP., REPAIRS & MAINT 31107 31107 40359 32286 6862 1211 5279571 4179103 997326 103142 314107 59402 121764 22522 25383 68557 43623 36713 227785 191300 40846 36485 784282 772901 161936 364836 1491941 1361416 128326 208587 154564 157252 349900 413094 180751 401234 813541 1180167 X 650400 181249 28000 0 678400 181249 1491941 1361416 -546484 49333 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102848 78029 24819 80193 75698 4495 44744 37573 7171 36485 DEPOSITS 5000 DEFERRED COMPENSATION PLAN 190090 RIGHT-OF-USE ASSETS 169746 364836 DEPOSITS-PARENTS 16083 DEFERRED COMPENSATION PLAN 190090 OPERATING LEASE LIABILTIES 195061 401234 X 4771042 49333 49333 4721709 11378 11378 4733087 4889006 0 4889006 11378 379187 390565 5279571 PART X, LINE 2: FOR THE YEAR ENDED AUGUST 31, 2023,WONDERS HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED WITH REVENUE ON THE FINANCIAL STATEMENTS AND REPORTED AS OTHER ASSISTANCE ON FORM 990, PART IX, LINE 2. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED WITH REVENUE ON THE FINANCIAL 379,187. STATEMENTS AND REPORTED AS OTHER ASSISTANCE ON FORM 990, PART IX, LINE 2. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WONDERS EARLY LEARNING + EXTENDED DAY IS DEDICATED TO A POLICY OF NON-DISCRIMINATION. WE ENROLL CHILDREN ON A FIRST COME, FIRST SERVED BASIS, BUT DO GIVE ALUMNI, SIBLINGS AND CHILDREN OF STAFF PRIORITY AT ALL OF OUR SITES. ADDITIONALLY, DUE TO OUR REQUIRED LEASE ARRANGEMENT, EMPLOYEES OF THE MONTGOMERY COUNTY GOVERNMENT RECEIVE PRIORITY AT WONDERS EARLY LEARNING AT EDGEMOOR AND LELAND. THE NUMBER OF SPACES AVAILABLE FOR ENROLLMENT AT EACH SITE IS DETERMINED BY THE LICENSED CAPACITY OF EACH CLASSROOM. THE ORGANIZATIONS POLICIES ARE PUBLISHED ON THE ORGANIZATIONS WEBSITE WWW.WONDERSLEARNING.ORG. SCHEDULE E, PART I, LINE 6 WONDERS RECEIVED ASSISTANCE IN THE FORM OF CASH FROM MONTGOMERY COUNTY. 1 FINANCIAL ASSISTANCE 25 170026 ASSISTANCE TO FAMILIES TO COVER MONTHLY TUITION COST EMPLOYEE TUITON ASSISTANCE 4 20119 COVERING 35-50% OF TUITION COST AT WONDERSWHEN WONDERS EMPLOYEES CHILDREN ATTEND WONDERS PROGRAMS SIBLING DISCOUNT 150 122630 DISCOUNT TO FAMILIES WITH MORE THAN ONE CHILD IN WONDERS PROGRAMS OTHER DISCOUNTS 40 57140 REDUCING TUITION TO FAMILIES WHO RECEIVE SUBSIDY THROUGH STATE OF MARYLAND , WPA AND DC SUBSIDY FACULTY DISCOUNT 10 9272 DISCOUNTS TO TEACHERS OF HOST SCHOOLS, DCPS AND MONTGOMERY COUNTY TEACHERS WHEN THEIR CHILD ATTEND OUR PROGRAMS PART I, LINE 2: WONDERS PROVIDES FINANCIAL ASSISTANCE TO APPROVED ELIGIBLE FAMILIES. FINANCIAL ASSISTANCE IS A CASH TRANSACTION MONTHLY EXPENSED AGAINST PROGRAM REVENUES. EACH FINANCIAL ASSISTANCE FAMILY IS MONITORED MONTHLY, TO DETERMINE IF THE QUALIFICATION FOR FINANCIAL ASSISTANCE IS VALID OR REMAINS SUFFICIENT. IF THE ECONOMIC STATUS OF A FAMILY DECLINES, FINANCIAL ASSISTANCE MAY NEED TO BE INCREASED DURING THE PROGRAM YEAR OR DURING SUMMER CAMP. X X 0 0 0 0 0 0 0 1 0 JOANNE HURT EXECUTIVE DIRECTOR 161940 0 0 0 6656 0 8097 0 6276 0 182969 0 0 0 PART I, LINE 7 JOANNE HURT RECEIVED A $ 6,656 BONUS IN 2022. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE FORM 990 WAS FIRST DISTRIBUTED TO MEMBERS OF THE FINANCE & INVESTMENT COMMITTEE FOR THEIR REVIEW. THE TREASURER (CHAIR OF THE COMMITTEE) THEN DISTRIBUTED COPIES TO ALL BOARD MEMBERS FOR REVIEW. THE TREASURER PRESENTED THE COMMITTEE'S RECOMMENDATION TO THE FULL BOARD FOR APPROVAL AT THE FOLLOWING REGULARLY SCHEDULED MEETING OF THE BOARD OF DIRECTORS. A COPY OF THE FINAL FORM 990 WAS PROVIDED TO EACH BOARD MEMBER BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE BOARD WHEN THE FORM 990 IS DISTRIBUTED FOR REVIEW. EACH MEMBER IS ASKED TO CERTIFY COMPLIANCE WITH THE POLICY. RESPONSIBLE PERSONS HAVE A CONTINUING OBLIGATION TO BRING POSSIBLE CONFLICTS OF INTEREST, AS DEFINED IN THE POLICY, TO THE ATTENTION OF THE COMMITTEE OF OFFICERS OF THE BOARD OF DIRECTORS AS SOON AS THE POTENTIAL CONFLICT IS IDENTIFIED BY THE RESPONSIBLE PERSON. A RESPONSIBLE PERSON IS ANY PERSON SERVING AS AN EMPLOYEE OR MEMBER OF THE BOARD OF DIRECTORS OF WONDERS EARLY LEARNING + EXTENDED DAY. THE COMMITTEE OF OFFICERS, HAVING BEEN NOTIFIED OF A POTENTIAL CONFLICT OF INTEREST BY A RESPONSIBLE PERSON, INFORMS THE BOARD OF DIRECTORS OF THIS SITUATION AT THE NEXT REGULARLY SCHEDULED MEETING OF THE BOARD (OR SOONER, IF THE COMMITTEE OF OFFICERS DEEMS THAT APPROPRIATE IN LIGHT OF THE RELEVANT CIRCUMSTANCES). THE RESPONSIBLE PERSON HAS THE OPPORTUNITY TO PRESENT ANY AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AT THE MEETING DURING WHICH THE INSTANCE IS DISCUSSED, OR TO RELATE SUCH MATERIAL FACTS TO THE BOARD OF DIRECTORS IN WRITING AT HIS/HER OPTION. THE COMMITTEE OF OFFICERS, HAVING RECEIVED INPUT FROM THE RESPONSIBLE PERSON AND THE BOARD OF DIRECTORS, DETERMINES WHETHER A CONFLICT OF INTEREST IN FACT EXISTS UNDER THIS POLICY. IF THE COMMITTEE OF OFFICERS DETERMINES THAT A CONFLICT OF INTEREST DOES NOT EXIST, THE DECISION OF THE COMMITTEE OF OFFICERS CAN BE OVERRIDDEN BY A SIMPLE MAJORITY VOTE OF THE BOARD OF DIRECTORS. IF THE COMMITTEE OF OFFICERS DETERMINES THAT A CONFLICT OF INTEREST DOES EXIST, OR IF THIS DECISION IS ATTAINED BY AN OVERRIDE VOTE OF THE BOARD OF DIRECTORS, THE BOARD WILL DETERMINE THE ACTIONS, IF ANY, TO TAKE WITH RESPECT TO THE CONFLICT OF INTEREST. IN THIS REGARD, THE BOARD MAY ONLY TAKE THOSE ACTIONS WITHIN ITS POWERS, AS AUTHORIZED BY THE BYLAWS AND/OR ARTICLES OF INCORPORATION OF WONDERS. FORM 990, PART VI, SECTION B, LINE 15 THE COMMITTEE OF OFFICERS OF THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION AND BENEFITS FOR THE EXECUTIVE DIRECTOR. THE COMMITTEE REVIEWS PUBLISHED COMPARABLE DATA FOR SIMILAR NON PROFIT ORGANIZATIONS IN THE WASHINGTON, DC METROPOLITAN AREA. THE COMMITTEE ALSO SURVEYS OTHER NON-PROFIT ORGANIZATIONS, PARTICULARLY CHILD CARE ORGANIZATIONS, FOR ADDITIONAL DATA. IN ADDITION THE EXECUTIVE DIRECTOR'S PERFORMANCE IS ASSESSED BY THE COMMITTEE EACH YEAR TO MEASURE THE LEADERSHIP AND MANAGEMENT ACHIEVEMENTS AND TO ESTABLISH GOALS FOR THE SUBSEQUENT YEAR. THESE DESCISIONS ARE DOCUMENTED BY THE BOARD OF DIRECTORS. THE LAST SALARY REVIEW FOR THE EXECUTIVE DIRECTOR WAS JULY 2023. THE COMPENSATION FOR OTHER KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR. PUBLISHED DATA FOR THE WASHINGTON, DC METROPOLITAN AREA AND SURVEYS OF OTHER COMPARABLE NON-PROFIT ORGANIZATIONS ARE TAKEN INTO CONSIDERATION IN ESTABLISHING THE COMPENSATION FOR EACH. THE EXECUTIVE DIRECTOR EVALUATES OTHER KEY EMPLOYEES ANNUALLY. THESE DESCISIONS ARE DOCUMENTED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC, BY REQUEST, AT THE CORPORATE OFFICE OF THE ORGANIZATION.