Mount Olive Child Development Center Incorporated

Organization Overview

Mount Olive Child Development Center Incorporated is located in Hartford, CT. The organization was established in 1986. 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, Mount Olive Child Development Center Incorporated employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Olive Child Development Center Incorporated 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, Mount Olive Child Development Center Incorporated generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $3.0m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE CONVENIENT AND AFFORDABLE QUALITY DAY CARE SERVICES, DEVELOP A COORDINATED SUPPORT SYSTEM FOR COMMUNITY AND INCREASE PUBLIC AWARENESS OF CHILD CARE NEEDS AND SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE AFFORDABLE, QUALITY DAY CARE SERVICES FOR APPROXIMATELY 72 TODDLERS AND APPOXIMATELY 164 PRE-SCHOOL AGE CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Julienne Davis
Executive Di
$74,860
Gustavo Bajana
Chief Financ
$34,103
Marilyn Arnum
Director
$0
Nina Copeland
Director
$0
Annie Jones
Secretary
$0
Sonya Mathis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,552,005
All other contributions, gifts, grants, and similar amounts not included above$6,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,558,005
Total Program Service Revenue$1,082,472
Investment income $7,588
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 $3,843,605

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