2026-04-03T09:48:48-05:00 2025-08-31 811343524 1SOURCE PARTNERS 701 S HOWARD AVE STE 203 TAMPA FL 336062473 990 2024-09-01 562040462 VERNER INC VERN 8282980808 2586 RICEVILLE RD ASHEVILLE NC 28805 MARCIA WHITNEY PRESIDENT & CEO 8282980808 2026-03-24 1 1 PAUL DEGANCE CPA P00443908 8132547222 2026-03-24 2024 2025-03-06 01:10:19Z VERNER CENTER FOR EARLY LEARNING GRACE HALL 57 GREENWELLS GLORY DRIVE BILTMORE LAKE NC 28715 5724974 0 X WWW.VERNEREARLYLEARNING.ORG X 1997 NC TO FOSTER HOLISTIC LEARNING ENVIRONMENTS WHERE YOUNG CHILDREN AND FAMILIES THRIVE. 17 17 127 204 0 0 4363596 4813705 962128 792447 31216 69646 8982 22778 5365922 5698576 0 8813 0 0 4292463 4239873 0 0 183462 1454536 1560182 5746999 5808868 -381077 -110292 5045075 5107906 319913 450797 4725162 4657109 X VERNER DELIVERS HIGH-QUALITY EDUCATIONAL AND RELATIONSHIP-BASED LEARNING ENVIRONMENTS (FROM PRENATAL TO PRE-KINDERGARTEN), WHERE EVERY INDIVIDUAL (CHILD, FAMILY, STAFF, AND FACULTY MEMBER) IS VALUED AND RESPECTED. OUR PROGRAMMING IS COMPREHENSIVE, CULTURALLY MEANINGFUL, RESILIENCY-FOCUSED, TRAUMA-RESPONSIVE, AND CHILD- AND FAMILY-CENTERED. WE CONNECT WITH FAMILIES AND EARLY EDUCATION PARTNERS TO PROVIDE INTEGRATED SERVICES. WE SUPPORT FAMILY WELL-BEING THROUGHOUT A CHILD'S DEVELOPMENT, SO OUR WHOLE COMMUNITY CAN LEAD HEALTHY, HAPPY, AND PRODUCTIVE LIVES. 0 0 2976768 8813 792447 HIGH QUALITY EARLY CARE AND EDUCATION IS PROVIDED TO A CAPACITY OF OVER 200 CHILDREN AGES 6 WEEKS TO 5 YEARS, 3/4 TIME TO FULL TIME (FIVE DAYS PER WEEK UP TO 9 HOURS PER DAY THROUGHOUT BUNCOMBE COUNTY IN TWO CENTERS). 521786 HOME VISITORS-VERNER OFFERS HOME VISITING PROGRAM FOR EXPECTANT FAMILIES AND YOUNG CHILDREN FROM BIRTH TO THREE YEARS AS PART OF EARLY HEAD START. APPROXIMATELY 66 LOW-INCOME FAMILIES ARE SERVED ANNUALLY THROUGHOUT BUNCOMBE COUNTY. 433122 PROVIDE PROPER NUTRITION FOR THE CHILDREN IN THE CHILDCARE AND EARLY HEADSTART PROGRAMS THROUGH AN AWARD WINNING "RAINBOW IN MY TUMMY" PROGRAM. 3931676 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 127 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NC X REBECCA JORDISON 8982980808 2586 RICEVILLE ROAD ASHVILLE NC 28805 CHRISTINE MALLOY DIRECTOR 1.00 X 0 0 0 ANGIE WILLIFORD DIRECTOR 1.00 X 0 0 0 GRACE HALL CHAIR 3.00 X X 0 0 0 DOLLY MULLEN DIRECTOR 1.00 X 0 0 0 EMILY MUNN DIRECTOR 2.00 X 0 0 0 LINDA HOBSON DIRECTOR 1.00 X 0 0 0 SUSANNE WALKER WILSON DIRECTOR 1.00 X 0 0 0 BRANDON OLIVER SECRETARY 1.00 X X 0 0 0 BARRY KAMPE TREASURER 1.00 X X 0 0 0 BETSY ERVIN VICE CHAIR 3.00 X X 0 0 0 SARA DUNCAN BOOTS DIRECTOR 2.00 X 0 0 0 KATERI FLETES DIRECTOR 1.00 X 0 0 0 JUDY VAN HORNE DIRECTOR 2.00 X 0 0 0 ROSARIO VILLARREAL DIRECTOR 1.00 X 0 0 0 DANITHZA BAKER DIRECTOR 1.00 X 0 0 0 ADARRELL GADSDEN DIRECTOR 1.00 X 0 0 0 MARCIA WHITNEY PRESIDENT AND CEO 40.00 X 112993 0 0 112993 0 0 1 0 0 0 0 25950 3218754 1569001 327832 4813705 TUITION AND FEES 900099 792447 792447 792447 31618 31618 38028 0 38028 38028 38028 16511 25950 26398 -9887 -9887 OTHER INCOME 32665 32665 32665 5698576 825112 0 59759 X 8813 8813 82344 63717 15954 2673 3568027 2753450 684067 130510 309172 201308 92068 15796 280330 217461 53355 9514 28556 28556 8999 8966 33 36902 17792 15966 3144 77669 2415 75254 13696 9129 3053 1514 67336 5420 59279 2637 12851 12851 224966 224966 44051 44051 IN KIND 327832 327832 FOOD SERVICE SUPPLIES 189124 188619 505 OUTSOURCED SERVICES 183564 18310 156235 9019 REPAIRS & MAINTENENCE 111734 2785 108949 232902 114625 110160 8117 5808868 3931676 1693730 183462 34433 277389 484541 326686 191051 169560 43771 24094 2839 2838 13500 17917 6157262 2750444 3492337 3406818 781749 834830 854 544 0 47230 5045075 5107906 270595 353468 49318 97329 319913 450797 X 3787414 3362386 937748 1294723 4725162 4657109 5045075 5107906 -110292 42239 0 X 0 1 X 1 1 1 X 4956017 4868138 4955561 4363596 4813705 23957017 4956017 4868138 4955561 4363596 4813705 23957017 23957017 6205 8331 15286 18919 31618 80359 8917 5324 32665 46906 24084282 4583268 0.99470 0.99640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 8,917. 2023 AMOUNT: $ 5,324. 2024 AMOUNT: $ 32,665. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 781749 87141 34060 834830 735127 79782 33160 781749 626700 82377 54550 28500 735127 640837 98302 112439 626700 551842 20000 93935 24940 640837 1.00000 1 0 4503039 1643021 2860018 54360 45795 8565 671700 324043 347657 928163 737585 190578 3406818 XXX 834830 F 834830 X 5767212 42238 26398 68636 5698576 0 5698576 5835266 26398 26398 5808868 0 5808868 PART X, LINE 2: IT IS THE CENTER'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN, AND WHAT, IF ANY EFFECT THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 26,398. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 26,398. PLANTING FUTURES 42461 25950 16511 26398 42461 25950 16511 26398 26398 -9887 1 SCHOLARSHIPS 13 8813 CASH SCHOLARSHIPS X CENTER SUPPLIES 1 319630 FMV X TRAINING 1 7023 FMV X TECHNOLOGY 1 1178 FMV 0 1 1 PART I, LINE 32B: THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS THE ORGANIZATION MAY HIRE OR USE THIRD PARTIES TO PROCESS OR SELL NON-CASH CONTRIBUTIONS IN THE FORM OF MARKETABLE SECURITIES IN ACCORDANCE WITH ITS GIFT ACCEPTANCE POLICY. FORM 990, PART VI, SECTION B, LINE 11B WITH FULL BOARD APPROVAL, FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE & FINANCE/AUDIT COMMITTEE PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C A SIGNED CONFLICT OF INTEREST POLICY IS COLLECTED EACH YEAR FROM BOARDMEMBERS AND OFFICERS WHICH REQUIRES DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION STUDY IS PERFORMED EVERY 1-2 YEARS AND REVIEWED BY PERSONNEL, FINANCE AND/OR EXECUTIVE COMMITTEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AT THE FRONT DESK OF OUR VERNER EAST LOCATION. 990 PART VI SECTION B, LINE 14 VERNER HAS NOT ADOPTED A FORMAL POLICY RELATING TO DOCUMENT RETENTION, BUT DO FOLLOW A BEST PRACTICES GUIDELINE, WHICH IS BASED OFF SARBANES-OXLEY'S DOCUMENT RETENTION RULES AND BEST PRACTICES. FORM 990, PART IX, LINE 24E CENTER SUPPLIES: PROGRAM SERVICE EXPENSES 67,050. MANAGEMENT AND GENERAL EXPENSES 5,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,128. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 5,804. MANAGEMENT AND GENERAL EXPENSES 36,876. FUNDRAISING EXPENSES 3,867. TOTAL EXPENSES 46,547. ALLOCATION OF ADMIN: PROGRAM SERVICE EXPENSES 40,679. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,679. TELEPHONE & INTERNET: PROGRAM SERVICE EXPENSES 215. MANAGEMENT AND GENERAL EXPENSES 35,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,898. RECRUITING: PROGRAM SERVICE EXPENSES 377. MANAGEMENT AND GENERAL EXPENSES 22,715. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,092. VEHICLE: PROGRAM SERVICE EXPENSES 43. MANAGEMENT AND GENERAL EXPENSES 8,658. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,701. CONSULTING: PROGRAM SERVICE EXPENSES 80. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 4,250. TOTAL EXPENSES 4,330. BOARD ACTIVITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,150. TAXES & LICENSES: PROGRAM SERVICE EXPENSES 377. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 377.