Southern Kennebec Child Development Corporation
- Assets
- $2.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 128
- Location
- Farmingdale, ME
- Founding
- 10/1969
- Data as of
- 05/2022
- EIN
- 01-0285449
Organization Overview
Southern Kennebec Child Development Corporation is located in Farmingdale, ME. The organization was established in 1969. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 05/2022, Southern Kennebec Child Development Corporation employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Kennebec Child Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Southern Kennebec Child Development Corporation generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $5.0m during the year ending 05/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE LIVES AND OPPORTUNITIES FOR CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD EDUCATION - FULL YEAR, PART YEAR HEAD START PROGRAM PROVIDING COMPREHENSIVE SERVICES TO CHILDREN AGES BIRTH THROUGH 5 AND THEIR FAMILIES IN SOUTHERN KENNEBEC COUNTY.
FOOD - CHILD CARE FOOD PROGRAM PROVIDES MEALS TO ELIGIBLE CHILDREN ENROLLED IN HEAD START & CHILD CARE PROGRAMS.
CHILD CARE AND OTHER - PROVIDE AND SUPPORT THE DEVELOPMENT OF QUALITY, ACCESSIBLE, FLEXIBLE AND AFFORDABLE EARLY CARE OPTIONS DESIGNED TO MEET THE NEEDS OF FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cristina Salois Agency Direc | Officer | 40 | $97,987 |
Clay Hoffman Finance Dire | Officer | 40 | $67,829 |
Sue Sidelinger Operations D | Officer | 40 | $67,615 |
Staci Fortunato President | OfficerTrustee | 2 | $0 |
Janet Slade Vice Preside | OfficerTrustee | 2 | $0 |
Brent Hall Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $31,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,752,721 |
| All other contributions, gifts, grants, and similar amounts not included above | $208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,783,929 |
| Total Program Service Revenue | $272,542 |
| Investment income | $4,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,060,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $305,150 |
| Compensation of current officers, directors, key employees. | $305,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,813,678 |
| Pension plan accruals and contributions | $112,999 |
| Other employee benefits | $400,066 |
| Payroll taxes | $263,066 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $847 |
| Fees for services: Other | $63,068 |
| Advertising and promotion | $2,044 |
| Office expenses | $27,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $182,538 |
| Travel | $23,706 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,203 |
| Insurance | $43,515 |
| All other expenses | $93,818 |
| Total functional expenses | $4,996,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $766,842 |
| Pledges and grants receivable | $321,111 |
| Accounts receivable, net | $7,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $49,940 |
| Net Land, buildings, and equipment | $1,055,414 |
| Investments—publicly traded securities | $580,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,781,085 |
| Accounts payable and accrued expenses | $236,999 |
| Grants payable | $0 |
| Deferred revenue | $388,160 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $625,159 |
| Net assets without donor restrictions | $2,155,926 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,781,085 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Kennebec Child Development Corporation has recieved totaling $31,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Kennebec Valley Augusta, ME PURPOSE: CHILD DEVELOPMENT | $31,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hebron Academy Incorporated Hebron, ME | $65,845,494 | $19,279,313 |
Portsmouth Christian Academy Dover, NH | $12,766,893 | $7,753,018 |
Southern Kennebec Child Development Corporation Farmingdale, ME | $2,781,085 | $5,060,719 |
Community Regional Charter School Skowhegan, ME | $5,610,166 | $5,039,649 |
Great Schools Partnership Inc Portland, ME | $2,885,040 | $4,696,809 |
Breakwater Learning Portland, ME | $5,120,298 | $3,833,883 |
Crossroads Academy Lyme, NH | $13,900,785 | $2,944,228 |
Maine Academy Of Natural Sciences Hinckley, ME | $1,958,998 | $3,873,648 |
Maine Arts Academy Sidney, ME | $822,323 | $3,238,498 |
Sant Bani School Sanbornton, NH | $10,328,567 | $4,768,963 |
Hope For Tomorrow Foundation Portsmouth, NH | $17,351,859 | $7,594,736 |
Haystack Mountain School Of Crafts Deer Isle, ME | $17,426,077 | $2,373,447 |