Child Care Resource & Referral Agency
School Readiness
Tax Credits
Economic development starts at birth.
Turn Your Success into their Success Partner with On Track by 5 to help more at -risk children enter kindergarten ready. On Track by 5 provides quality cutting edge professional development to transition “day care centers” into early learning centers of “Excellence.”
How to Partner? ○ Turn your tax liability into an investment to ensure children have a strong foundation for future success in school and life.
○ Direct up to $5000 to On Track by 5 Alliance and your
business will receive a dollar-for -dollar refundable credit on Louisiana State Taxes . This is made possible through the Louisiana School Readiness Tax Credit.
○ You have the power to decide where your tax dollars go. Direct the state of Louisiana to spend your tax dollars on early childhood care and education.
What are School Readiness Tax Credits? In 2007, the Louisiana Legislature passed a unique package of tax credits known as the School Readiness Tax Credits (SRTC). For Louisiana businesses, there is a refundable state tax credit for donations made to Louisiana Child Care Resource & Referral (CCR&R) agencies, such as On Track by 5 Alliance.
MAKE A 100%
refundable
CONTRIBUTION TODAY!
Local Investment = Community Impact 2016-17 Services At A Glance... 19% improvement of Teacher/Child Interactions scores yielding higher quality experiences for young children. Served over 1300 Families with Child Care Assistance (CCAP) providing stable care for working families. Trained over 1750 Early Childhood Professionals creating well-prepared educators while professionalizing the industry.
The Benefits of School Readiness Tax Credits
best investments
Investing in early childhood education is one of the
to make for businesses and Louisiana’s future! ○ Quality Child Care= Work Productivity. Child care is an economic driver. Working families need quality, reliable care for their children. These children are our future workforce.
○ School Readiness Tax Credit not only protected, but funding increased. Senator J.P. Morrell allocated an additional $5 million in the 2017 Legislative session to continue to increase the quality of early education. ○ Businesses can direct where they want their tax dollars to go. LA Statute R.S. 47:6107 allows On Track by 5 Alliance, along with six other CCR&Rs across the state, to be eligible to receive the funds. School Readiness Tax Credits enable business to turn their tax liability into a investment to improve the quality of childhood experiences. For each LA Tax ID
number, $5000 can be given in the name of School Readiness Tax Credits. A business with multiple LLCs under their umbrella can give $5000 per LLC.
For more information please contact:
Michelle Mahne
Child Care Resource & Referral Agency
CCR&R Marketing Specialist ON TRACK by 5 Alliance 326 Gauthier Road Lafayette, LA 70501
(337) 521-7209
[email protected]
www.ONTRACKby5.com JOIN THESE BUSINESSES THAT HAVE ALREADY MADE CONTRIBUTIONS: Midsouth Bank TECHNEAUX Allen & Gooch J.Neil Morein Pugh Family Foundation A-Bears Kids Only Preschool Scott Boudin Festival Rucks Family Foundation Acadiana Computer Systems, Inc. Home Furniture Company
Supported by:
Copy & Camera CASHWAY Pharmacy Blackhawk Datacom J.L. Sonnier, CPA Giles Automotive Associated Travel Dr. W.Duay, Jr., DDS Allison M. Leblanc, Ameriprise Financial Pinhook Foundation, Inc.
