Ithaca Community Childcare Center
- Assets
- $6.2m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 123
- Location
- Ithaca, NY
- Founding
- 03/1992
- Data as of
- 08/2023
- EIN
- 22-3141144
Organization Overview
Ithaca Community Childcare Center is located in Ithaca, NY. The organization was established in 1992. 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 08/2023, Ithaca Community Childcare Center employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ithaca Community 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 08/2023, Ithaca Community Childcare Center generated $4.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $4.0m during the year ending 08/2023. While expenses have increased by 5.9% per year over the past 6 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
COMMITTED TO PROVIDING FAMILIES WITH THE HIGHEST STANDARD OF CHILD-INSPIRED, PROFESSIONALLY-NURTURED CARE AND OPPORTUNITIES FOR LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CHILDCARE FOR CHILDREN AGES 8 WEEKS TO 12 YEARS TO FAMILIES WITH THE HIGHEST STANDARD OF CHILD-INSPIRED, PROFESSIONALLY-NURTURED CARE AND OPPORTUNITIES FOR LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taisha Dickerson Board Member | Trustee | 40 | $758 |
Sarah Tomei President/board Member | OfficerTrustee | 0.63 | $0 |
Tj Leonardo Vice President/president | OfficerTrustee | 0.63 | $0 |
Rusdi Sumner Treasurer/board Member | OfficerTrustee | 0.63 | $0 |
David Herrick Secretary | OfficerTrustee | 0.63 | $0 |
Eileen Gravani Board Member | Trustee | 0.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $26,534 |
| Membership dues | $0 |
| Fundraising events | $12,527 |
| Related organizations | $0 |
| Government grants | $70,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,309 |
| Total Program Service Revenue | $3,826,732 |
| Investment income | $308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,300 |
| 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 | $4,027,649 |
| 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. | $230,457 |
| Compensation of current officers, directors, key employees. | $30,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,564,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,296 |
| Payroll taxes | $207,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6 |
| Fees for services: Accounting | $20,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,663 |
| Advertising and promotion | $0 |
| Office expenses | $101,812 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $168,076 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $100,608 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,050 |
| Insurance | $44,597 |
| All other expenses | $9,347 |
| Total functional expenses | $3,971,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $918,212 |
| Savings and temporary cash investments | $585,189 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $85,425 |
| 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 | $17,746 |
| Net Land, buildings, and equipment | $4,499,439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $45,526 |
| Other assets | $5,281 |
| Total assets | $6,156,818 |
| Accounts payable and accrued expenses | $182,442 |
| Grants payable | $0 |
| Deferred revenue | $66,941 |
| 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 | $2,385,138 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $357,603 |
| Total liabilities | $2,992,124 |
| Net assets without donor restrictions | $3,162,944 |
| Net assets with donor restrictions | $1,750 |
| 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 | $6,156,818 |