Southwestern Child Development Commission Inc
- Assets
- $5.3m
- Revenue
- $9.6m
- Investments
- $105.7k
- Employees
- 180
- Location
- Webster, NC
- Founding
- 04/1972
- Data as of
- 06/2022
- EIN
- 23-7181553
Organization Overview
Southwestern Child Development Commission Inc is located in Webster, NC. The organization was established in 1972. 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 06/2022, Southwestern Child Development Commission Inc employed 180 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern Child Development Commission 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 06/2022, Southwestern Child Development Commission Inc generated $9.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $10.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EARLY CHILDHOOD EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COMPREHENSIVE SERVICES FOR THE DEVELOPMENT OF CHILDREN FOR RESIDENTS OF BUNCOMBE, CHEROKEE, CLAY, GRAHAM, HAYWOOD, JACKSON, MACON, MCDOWELL & SWAIN COUNTIES OF WESTERN NORTH CAROLINA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Penland Chairman | OfficerTrustee | 1 | $0 |
Lottie Barker Treasurer | OfficerTrustee | 1 | $0 |
Debra Mauney Secretary | OfficerTrustee | 1 | $0 |
Teresa Allison Director | Trustee | 1 | $0 |
Patrick Betancourt Director | Trustee | 1 | $0 |
Bree Clawson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Macon Program For Progress Childcare | 6/29/18 | $347,992 |
Kid's Corner Childcare | 6/29/18 | $264,362 |
Jennifer Noland Rogers Childcare | 6/29/18 | $239,692 |
Ymca Of Western Nc Childcare | 6/29/18 | $252,125 |
Early Childhood Enrichment Center Childcare | 6/29/18 | $227,641 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,802,986 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,114,365 |
| Total Program Service Revenue | $379,197 |
| Investment income | $45,746 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,515 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,556,776 |
| 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. | $205,788 |
| Compensation of current officers, directors, key employees. | $141,224 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,726,079 |
| Pension plan accruals and contributions | $67,951 |
| Other employee benefits | $593,995 |
| Payroll taxes | $360,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $64,129 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,401,587 |
| Advertising and promotion | $0 |
| Office expenses | $376,936 |
| Information technology | $161,816 |
| Royalties | $0 |
| Occupancy | $292,034 |
| Travel | $64,785 |
| 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 | $66,887 |
| Insurance | $196,227 |
| All other expenses | $133,527 |
| Total functional expenses | $9,978,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $429,389 |
| Savings and temporary cash investments | $1,306,456 |
| Pledges and grants receivable | $1,205,373 |
| Accounts receivable, net | $52,733 |
| 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 | $26,250 |
| Net Land, buildings, and equipment | $745,290 |
| Investments—publicly traded securities | $1,436,998 |
| Investments—other securities | $105,670 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,876 |
| Total assets | $5,342,035 |
| Accounts payable and accrued expenses | $1,877,958 |
| 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 | $1,877,958 |
| Net assets without donor restrictions | $3,324,277 |
| Net assets with donor restrictions | $139,800 |
| 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 | $5,342,035 |