Wee R The World Daycare Center Inc
- Assets
- $635.3k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 41
- Location
- Willow Grove, PA
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 23-2869762
Organization Overview
Wee R The World Daycare Center Inc, operating under the name Wee R The World Early Learning Center, is located in Willow Grove, PA. The organization was established in 2005. 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, Wee R The World Early Learning Center employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wee R The World Early Learning 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 12/2021, Wee R The World Early Learning Center generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 3.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DAYCARE SERVICES TO WORKING PARENTS IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DAYCARE SERVICES TO WORKING PARENTS IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rennee J Alston President | OfficerTrustee | 40 | $355,949 |
Tracey L Oliver Vice President | Officer | 40 | $87,079 |
Cherylayne Walker Treasurer | Officer | 2 | $0 |
Theresa Pitts Secretary | Officer | 2 | $0 |
Desiree Rolls-Morrison Parent Advisor | Officer | 2 | $0 |
Patrick Morrison Safety & Security Specialist | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,776 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,776 |
| Total Program Service Revenue | $1,730,612 |
| Investment income | $656 |
| 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 | $2,068,044 |
| 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. | $443,028 |
| Compensation of current officers, directors, key employees. | $221,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $744,648 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,547 |
| Payroll taxes | $108,422 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,576 |
| Fees for services: Accounting | $26,437 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $651 |
| Advertising and promotion | $394 |
| Office expenses | $16,601 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $194,965 |
| Travel | $1,716 |
| 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 | $6,915 |
| Insurance | $37,700 |
| All other expenses | $145,477 |
| Total functional expenses | $1,994,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,798 |
| 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 | $6,507 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $635,305 |
| 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 | $182,814 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $388,829 |
| Total liabilities | $571,643 |
| Net assets without donor restrictions | $63,662 |
| 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 | $635,305 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
River Valley Child Development Services Huntington, WV | $6,974,645 | $16,881,683 |
Georgetown Hill Child Care Center Inc Montgomery Village, MD | $9,950,402 | $20,593,536 |
Horizon Education Centers North Olmsted, OH | $18,012,561 | $15,661,118 |
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 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |
Union City Day Care Program Inc Union City, NJ | $4,462,325 | $9,788,592 |