Children's Center Of Greater Waterbury Health Network Inc
- Assets
- $0.0
- Revenue
- $519.8k
- Investments
- $0.0
- Employees
- 39
- Location
- Waterbury, CT
- Founding
- 12/1998
- Data as of
- 12/2019
- EIN
- 06-1506197
Organization Overview
Children's Center Of Greater Waterbury Health Network Inc is located in Waterbury, CT. The organization was established in 1998. 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 12/2019, Children's Center Of Greater Waterbury Health Network Inc employed 39 individuals. Children's Center Of Greater Waterbury Health Network 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 12/2019, Children's Center Of Greater Waterbury Health Network Inc generated $519.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $531.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EARLY CHILD CARE AND EDUCATION TO A DIVERSE COMMUNITY AT AFFORDABLE TUITION RATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIOR TO DECEMBER 31, 2019, THE ORGANIZATION PROVIDED CHILD CARE, SCHOOL READINESS, AFTER SCHOOL, AND SUMMER PROGRAMS TO 150 CHILDREN. AS OF DECEMBER 31, 2020, CHILDREN'S CENTER OF GREATER WATERBURY HEALTH NETWORKS, INC. ("CHILDREN'S CENTER") MERGED INTO EASTER SEAL REHABILITATION, CENTER OF GREATER WATERBURY, INC. THE PROGRAMS OF CHILDREN'S CENTER WILL CONTINUE AS PART OF THE SUCCESSOR ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Pirro Secretary/site Director | OfficerTrustee | 40 | $82,240 |
Loraine Shea Chairperson | OfficerTrustee | 1 | $0 |
Gary Nielsen Board Member | Trustee | 2 | $0 |
Stacey Hofmann Board Member | Trustee | 1 | $0 |
Brian Bonds Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,986 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,986 |
| Total Program Service Revenue | $503,930 |
| Investment income | $1,908 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$56 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $519,808 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $34,836 |
| Other salaries and wages | $253,655 |
| Pension plan accruals and contributions | $1,300 |
| Other employee benefits | $41,534 |
| Payroll taxes | $20,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,313 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,481 |
| Advertising and promotion | $0 |
| Office expenses | $11,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,923 |
| Travel | $366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,114 |
| Insurance | $12,027 |
| All other expenses | $11,646 |
| Total functional expenses | $531,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Crown Heights Educational Centers Inc Brooklyn, NY | $13,044,302 | $39,783,189 |
Northeast Parent And Child Society Inc Albany, NY | $28,822,787 | $39,619,614 |
Day Care Council Of New York Inc New York, NY | $9,552,378 | $29,439,995 |
Local 1199 Employer Child Care Fund New York, NY | $9,599,746 | $26,390,532 |
Guild Of St Agnes Of Worcester Inc Worcester, MA | $20,569,585 | $28,747,687 |
All My Children Day Care And Nursery School Jamaica Estates, NY | $13,560,786 | $26,442,381 |
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 |