Merrimack Valley Day Care Service
- Assets
- $1.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 53
- Location
- Concord, NH
- Founding
- 04/1968
- Data as of
- 12/2021
- EIN
- 02-6019236
Organization Overview
Merrimack Valley Day Care Service is located in Concord, NH. The organization was established in 1968. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Merrimack Valley Day Care Service employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merrimack Valley Day Care Service 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 12/2021, Merrimack Valley Day Care Service generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 1.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DAYCARE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAYCARE SERVICES - PROVIDE CHILD CARE ERVICES FOR A VARIETY OF AGES IN THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Barter Executive Director | Officer | 40 | $61,784 |
Mary Jane Wallner Director, Non-Voting | Trustee | 2 | $11,651 |
Amy Goldstein Secretary | OfficerTrustee | 2 | $0 |
Christy Dolat Bartlett President | OfficerTrustee | 2 | $0 |
Donna Raycraft Director | Trustee | 1 | $0 |
Meredith Telus Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,262 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,262 |
| Total Program Service Revenue | $1,797,686 |
| Investment income | $224 |
| 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 | $1,974,962 |
| 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. | $73,435 |
| Compensation of current officers, directors, key employees. | $7,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,125,620 |
| Pension plan accruals and contributions | $16,272 |
| Other employee benefits | $3,488 |
| Payroll taxes | $91,511 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,137 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,955 |
| Advertising and promotion | $1,867 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,228 |
| Travel | $2,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,922 |
| Interest | $2,534 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,441 |
| Insurance | $39,763 |
| All other expenses | $6,315 |
| Total functional expenses | $1,990,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $541,514 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $25,942 |
| 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 | $434 |
| Net Land, buildings, and equipment | $677,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,270,379 |
| Accounts payable and accrued expenses | $222,915 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $98,270 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $321,185 |
| Net assets without donor restrictions | $944,837 |
| Net assets with donor restrictions | $4,357 |
| 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 | $1,270,379 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Merrimack Valley Day Care Service has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Bagan Foundation Concord, NH PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Horizons For Homeless Children Inc Roxbury, MA | $38,808,218 | $18,496,836 |
Campus Child Care Inc Cambridge, MA | $6,709,229 | $14,434,733 |
South Shore Stars Inc East Weymouth, MA | $3,629,382 | $9,959,906 |
Springfield Day Nursery Corporation Springfield, MA | $7,228,841 | $10,253,502 |
For Kids Only Afterschool Incorporated Salem, MA | $15,157,232 | $10,496,692 |
Strafford Learning Center Somersworth, NH | $1,490,325 | $6,882,532 |
Boston Chinatown Neighborhood Center Inc Boston, MA | $10,290,236 | $7,467,156 |
Gregg Neighborhood House Association Inc Lynn, MA | $10,315,627 | $7,312,482 |
Acre Family Child Care Inc Lowell, MA | $6,261,840 | $7,159,605 |
The Jewish Community Center Of The North Shore Inc Marblehead, MA | $7,379,696 | $7,117,282 |
Great Bay Kids Company Portsmouth, NH | $5,951,454 | $6,382,180 |