Watch Them Grow Childcare Center
- Assets
- $148.2k
- Revenue
- $488.9k
- Investments
- $0.0
- Employees
- 26
- Location
- Bradford, VT
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 20-3143655
Organization Overview
Watch Them Grow Childcare Center is located in Bradford, VT. The organization was established in 2006. 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 12/2022, Watch Them Grow Childcare Center employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watch Them Grow Childcare Center 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 12/2022, Watch Them Grow Childcare Center generated $488.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $475.4k during the year ending 12/2022. While expenses have increased by 6.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WATCH THEM GROW CHILDREN'S CENTER OPERATES TWO CHILDCARE CENTERS - A CENTER IN BRADFORD, VT WITH CLASSROOMS FOR INFANTS, TODDLERS AND PRESCHOOLERS AND A CENTER IN NEWBURY, VT WITH ONLY A PRESCHOOL CLASSROOM. OUR MISSION IS TO PROVIDE AFFORDABLE, SAFE, HIGH QUALITY CHILD CARE WITH EARLY LEARNING OPPORTUNITIES AND EDUCATIONAL OPPORTUNITIES FOR THE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATCH THEM GROW (WTG) CHILDCARE CENTER SERVES CHILDREN AGES 6 WEEKS THROUGH 5 YEARS. WTG OPERATES 1 CENTER WITH FULL DAY, FULL YEAR CHILD CARE AND EDUCATION PROGRAMS AND 1 CENTER WITH A FULL DAY, SCHOOL-YEAR, PRE-SCHOOL PROGRAM. THE TWO CENTERS PARTNER WITH THE ORANGE EAST SUPERVISORY SCHOOL UNION EARLY CHILDHOOD EDUCATION PROGRAMS. BOTH CENTERS TAKE CHILDREN USING THE VERMONT STATE CHILDCARE SUBSIDY. IN 2022, THE CENTERS SERVED OVER 44 CHILDREN IN 2 STATES AND 9 SURROUNDING TOWNS. NOTE: PROGRAM SERVICE REVENUES AND EXPENSES FOR THE ACCOMPLISHMENTS LISTED IN PART III 4B AND 4C ARE INCLUDED IN THIS SECTION.
THE BRADFORD CENTER IS A 4 STAR PROGRAM THAT SERVES CHILDERN AGES 6 WEEKS THROUGH PRESCHOOL. THE BRADFORD CENTER IS LOCATED IN THE RIVERBEND CAREER AND TECHNICAL CENTER AT OXBOW HIGH SCHOOL. THERE ARE SERVERAL DIFFERENT PROGRAMS AT THE TECHNICAL CENTER THAT HAVE DONE PROJECTS THAT INCORPORATED THE KIDS. AN EXAMPLE OF THIS IS EMERGENCY SERVICES PROGRAM, WHICH DOES A FIRE SAFETY WEEK, THAT ALLOWS THE KIDS TO SEE AND EXPLORE A FIRE TRUCK. ADDITIONALLY THE PROGRAM FOR EARLY CHILDHOOD EDUCATION BENEFITS FROM ALLOWING STUDENTS TO SPEND TIME IN THE CENTER. PROGRAM SERVICE REVENUE AND EXPENSES INCLUDED IN PART III, 4A.
THE NEWBURY SITE IS A 4 STAR PRESCHOOL ONLY PROGRAM IN NEWBURY, VERMONT. THE CENTER IS RUN OUT OF NEWBURY ELEMENTARY SCHOOL, A BIG EMPHASIS IS PLACED ON INTEGRATION AND COLLABORATION WITH THE ELEMENTARY SCHOOL. THE KINDERGARTEN TEACHERS SPENT TIME THROUGHOUT THE YEAR IN THE PRESCHOOL CLASSROOM IN AN EFFORT TO MAKE THE TRANSITION AS SIMPLE AS POSSIBLE FOR INCOMING KINDERGARTENERS. NOTE: PROGRAM SERVICE REVENUE AND EXPENSES FOR THE NEWBURY CENTER ARE INCLUDED IN PART III, 4A.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Meeks Newbury Center Director | Officer | 40 | $52,567 |
Jennifer Ball Bradford Center Director | Officer | 40 | $50,050 |
Carrie Miller Board President | Officer | 3 | $1,200 |
Chelsea Mousley Board Treasurer | Officer | 3 | $1,200 |
Brianna Bagalio Secretary | Officer | 3 | $1,200 |
Kristena Taylor Board Vice President | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $101 |
| Related organizations | $0 |
| Government grants | $69,415 |
| 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 | $69,516 |
| Total Program Service Revenue | $419,340 |
| Investment income | $0 |
| 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 | $488,856 |
| 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. | $6,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $384,141 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,361 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,902 |
| Office expenses | $10,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $12,385 |
| All other expenses | $0 |
| Total functional expenses | $475,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,096 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,021 |
| 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 | $1,075 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,192 |
| Accounts payable and accrued expenses | $1,885 |
| 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 | -$24,149 |
| Total liabilities | -$22,264 |
| 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 | $170,456 |
| Total liabilities and net assets/fund balances | $148,192 |