Ashland Child Development Center Inc
- Assets
- $1.1m
- Revenue
- $626.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, KY
- Founding
- 06/1973
- Data as of
- 12/2022
- EIN
- 23-7296516
Organization Overview
Ashland Child Development Center Inc is located in Ashland, KY. The organization was established in 1973. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland Child Development Center 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 12/2022, Ashland Child Development Center Inc generated $626.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $514.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 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
PROVIDE CHILDCARE PROGRAMS AND ASSIST IN FOOD PROGRAM ADMINISTRATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CHILDCARE PROGRAMS AND ASSIST IN FOOD PROGRAM ADMINISTRATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Zwick President | OfficerTrustee | 0 | $0 |
Alka Khanna Director | Trustee | 0 | $0 |
Tracy Ferguson Director | Trustee | 0 | $0 |
Neil Patton Treasurer | Trustee | 0 | $0 |
David Bolen Director | Trustee | 0 | $0 |
Catherine Hughes Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $299,246 |
| 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 | $299,246 |
| Total Program Service Revenue | $327,043 |
| 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 | $626,289 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $306,574 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,805 |
| 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 | $2,250 |
| Office expenses | $22,658 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,781 |
| Travel | $381 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,147 |
| Interest | $6,986 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,526 |
| Insurance | $9,958 |
| All other expenses | $0 |
| Total functional expenses | $514,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $544,396 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $45,401 |
| Accounts receivable, net | $11,580 |
| 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 | $539,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,140,834 |
| Accounts payable and accrued expenses | $19,963 |
| 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 | $163,861 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $183,824 |
| Net assets without donor restrictions | $955,690 |
| Net assets with donor restrictions | $1,320 |
| 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 | $1,140,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Early Learning Indiana Inc Indianapolis, IN | $99,366,858 | $103,290,512 |
Miami Valley Child Development Centers Inc Dayton, OH | $11,000,708 | $39,221,090 |
Porter-Leath Memphis, TN | $49,048,141 | $36,176,100 |
Child Development Council Of Franklin County Columbus, OH | $14,978,695 | $30,319,189 |
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Day Care Resources Inc Tremont, IL | $2,117,943 | $17,941,943 |
Centers For New Horizons Inc Chicago, IL | $7,305,979 | $16,275,139 |
River Valley Child Development Services Huntington, WV | $6,974,645 | $16,881,683 |
Sal Family And Community Services Moline, IL | $8,918,922 | $19,104,520 |
Learning Grove Inc Covington, KY | $12,030,181 | $15,031,851 |
Carole Robertson Center For Learning Chicago, IL | $14,277,174 | $18,327,901 |
Operation Breakthrough Inc Kansas City, MO | $30,816,270 | $15,851,429 |