Childrens Village Inc
- Assets
- $1.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 47
- Location
- Cambridge, MA
- Founding
- 05/1974
- Data as of
- 12/2021
- EIN
- 04-2544427
Organization Overview
Childrens Village Inc is located in Cambridge, MA. The organization was established in 1974. 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, Childrens Village Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Village 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 12/2021, Childrens Village Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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
CHILD CARE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AGENCY PROVIDES FULL-DAY CHILD CARE SERVICES TO APPROXIMATELY 80 CHILDREN, AGE 3 MONTHS TO 6 YEARS. THE FACILITY IS OPEN 50 WEEKS A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rupal Patel Executive Director | OfficerTrustee | 40 | $80,400 |
Regina Mee Director | Trustee | 37.29 | $52,323 |
Marisol Ospina Director | Trustee | 36.76 | $38,954 |
Karen Prophete Director | Trustee | 34.68 | $38,430 |
Carla Bogosian Clerk | OfficerTrustee | 21.45 | $22,093 |
Christina Spinale Director | Trustee | 15.25 | $7,137 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $673,236 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,733 |
| Total Program Service Revenue | $1,423,327 |
| Investment income | $238 |
| 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 | $2,119,431 |
| 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. | $239,337 |
| Compensation of current officers, directors, key employees. | $64,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $629,780 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $146,822 |
| Payroll taxes | $75,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,349 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,913 |
| Advertising and promotion | $272 |
| Office expenses | $5,821 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $212,603 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,382 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,186 |
| Insurance | $14,486 |
| All other expenses | $6,311 |
| Total functional expenses | $1,589,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $579,796 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,492 |
| 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 | $5,911 |
| Net Land, buildings, and equipment | $347,393 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $270,079 |
| Total assets | $1,246,671 |
| Accounts payable and accrued expenses | $151,006 |
| 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 | $108,601 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,448 |
| Total liabilities | $335,055 |
| Net assets without donor restrictions | $911,616 |
| 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 | $1,246,671 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Village Inc has recieved totaling $327.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $327 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
Childrens Learning Centers Of Fairfield County Inc Stamford, CT | $16,683,944 | $15,937,676 |
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 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |
Child Care Network Of New York Inc New Hyde Park, NY | $1,608,606 | $10,022,479 |
Tremont Monterey Day Care Center Inc Bronx, NY | $2,143,453 | $9,664,253 |
South Shore Stars Inc East Weymouth, MA | $3,629,382 | $9,959,906 |