Community Day Care Center Of Lawrence Inc
- Assets
- $54.0m
- Revenue
- $148.4m
- Investments
- $0.0
- Employees
- 405
- Location
- Lawrence, MA
- Founding
- 01/1973
- Data as of
- 06/2023
- EIN
- 04-2473133
Organization Overview
Community Day Care Center Of Lawrence Inc is located in Lawrence, MA. The organization was established in 1973. 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 06/2023, Community Day Care Center Of Lawrence Inc employed 405 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Day Care Center Of Lawrence Inc 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 06/2023, Community Day Care Center Of Lawrence Inc generated $148.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $144.9m during the year ending 06/2023. While expenses have increased by 6.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY DAY CARE CENTER OF LAWRENCE, INC. (DBA THE COMMUNITY GROUP) IS A NON-PROFIT DEDICATED TO CREATING, MANAGING, AND NURTURING HIGH-QUALITY PROGRAMS FOCUSED ON EDUCATION AND RELATED SERVICES THAT SUPPORT FAMILIES AND EDUCATORS IN LAWRENCE AND THE SURROUNDING MERRIMACK VALLEY. PROGRAMS INCLUDE STATE-LICENSED EARLY CHILDHOOD AND SCHOOL-AGE CARE AND EDUCATION, CHILD CARE FINANCIAL ASSISTANCE VOUCHERS ALONG WITH INFORMATION AND REFERRAL SERVICES, PARENT EDUCATION, PROFESSIONAL DEVELOPMENT AND TECHNICAL ASSISTANCE TO EDUCATORS AND PROGRAMS ALONG WITH CHARTER SCHOOL MANAGEMENT SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY EDUCATION AND CARE: PROVIDE SUBSIDIZED AND NON-SUBSIDIZED CHILD CARE AND EDUCATION FOR APPROXIMATELY 1,800 INFANTS AND CHILDREN THROUGH AGE 12 IN THE GREATER LAWRENCE AREA OF MASSACHUSETTS.
COMMUNITY TRAINING GROUP: PROVIDES PROFESSIONAL DEVELOPMENT, COACHING, TECHNICAL ASSISTANCE, PROGRAM SUPPORT AND COLLEGE PATHWAYS TO EARLY EDUCATION AND OUT-OF-SCHOOL-TIME EDUCATORS AND PROGRAMS IN MASSACHUSETTS BY DRAWING UPON THE BEST PRACTICES OF COMMUNITY DAY CARE AND COMMUNITY DAY CHARTER PUBLIC SCHOOL.
CHILD CARE CIRCUIT: ADMINISTERING VOUCHER MANAGEMENT PROGRAM FOR THE COMMONWEALTH OF MASSACHUSETTS; INCLUDING DISTRIBUTING APPROXIMATELY $85 MILLION IN DAY CARE VOUCHER SUBSIDIES TO ELIGIBLE RESIDENTS OF THE MIDDLESEX AND ESSEX COUNTIES. ALSO PROVIDING INFORMATION AND REFERRAL SERVICES TO THE GENERAL POPULATION.
MANAGEMENT OF SCHOOLS: CDC IS THE DESIGNATED MANAGEMENT AGENT FOR THREE AFFILIATED PUBLIC CHARTER SCHOOLS WITHIN LAWRENCE PROVIDING ALL BUSINESS MANAGEMENT SERVICES TO THESE SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Moeller Chief Executive Officer | Officer | 40 | $217,169 |
Amy Council Chief Financial Officer | Officer | 40 | $184,454 |
Catherine Graham Chief Strategy Officer | 40 | $152,961 | |
Barbara Gallagher Director Of Child Care Pro | 40 | $129,839 | |
Manuela Su Community Outreach Directo | 40 | $137,567 | |
Matthew Einson Director Of Information Sy | 40 | $142,471 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lfd Inc Dba Lawrence Prospera Child Food Services | 6/29/23 | $1,305,478 |
North Reading Transportation Child Transportation Service | 6/29/23 | $740,207 |
Advanced Maintenance Solutions Cleaning Services | 6/29/23 | $188,320 |
Lawrence Public School Custodial & Security Services | 6/29/23 | $167,858 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $40,480 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,950,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,533,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,523,597 |
| Total Program Service Revenue | $2,344,434 |
| Investment income | $558,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$168,799 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,351,401 |
| 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. | $496,102 |
| Compensation of current officers, directors, key employees. | $148,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,861,989 |
| Pension plan accruals and contributions | $877,512 |
| Other employee benefits | $1,909,082 |
| Payroll taxes | $1,126,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,575 |
| Fees for services: Accounting | $48,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,886 |
| Fees for services: Other | $337,897 |
| Advertising and promotion | $51,472 |
| Office expenses | $646,411 |
| Information technology | $304,423 |
| Royalties | $0 |
| Occupancy | $1,120,234 |
| Travel | $3,692 |
| 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 | $292,241 |
| Insurance | $236,596 |
| All other expenses | $211,823 |
| Total functional expenses | $144,936,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,524,316 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,714,436 |
| 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 | $770,158 |
| Net Land, buildings, and equipment | $6,434,360 |
| Investments—publicly traded securities | $21,674,876 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,897,050 |
| Total assets | $54,015,196 |
| Accounts payable and accrued expenses | $13,705,652 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,493,607 |
| Total liabilities | $17,199,259 |
| Net assets without donor restrictions | $36,620,795 |
| Net assets with donor restrictions | $195,142 |
| 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 | $54,015,196 |