Centronia
- Assets
- $17.6m
- Revenue
- $17.0m
- Investments
- $0.0
- Employees
- 252
- Location
- Washington, DC
- Founding
- 12/1992
- Data as of
- 06/2021
- EIN
- 25-1689720
Organization Overview
Centronia is located in Washington, DC. 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 06/2021, Centronia employed 252 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centronia 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 06/2021, Centronia generated $17.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $15.5m during the year ending 06/2021. 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
EDUCATING CHILDREN AND STRENGTHENING FAMILIES, IN A BILINGUAL, MULTICULTURAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD EDUCATIONSEE SCHEDULE O FOR COMPLETE DESCRIPTION
COMMUNITY ENGAGEMENT & EDUCATION (C.E.E) PROGRAMSSEE SCHEDULE O FOR COMPLETE DESCRIPTION
CENTRONIA'S FOOD AND WELLNESS DEPARTMENTSEE SCHEDULE O FOR COMPLETE DESCRIPTION
CENTRONIA INSTITUTE, THE PROFESSIONAL DEVELOPMENT ARM OF CENTRONIA, FILTERS THE LATEST RESEARCH ON PEDAGOGY AND COGNITIVE DEVELOPMENT INTO CLASSROOM-LEVEL PRACTICE THROUGH COACHING AND TECHNICAL ASSISTANCE CYCLES DESIGNED TO STRENGTHEN THEIR ABILITY TO SUSTAIN QUALITY TEACHER-CHILD INTERACTION AND TO CREATE A STIMULATING AND CONTENT-RICH EDUCATIONAL EXPERIENCE FOR CHILDREN THROUGH INTENTIONAL PLANNING, DOCUMENTATION, ASSESSMENT AND REFLECTIVE PRACTICES. ADDITIONAL AREAS OF FOCUS INCLUDE SECOND LANGUAGE ACQUISITION, EFFECTIVE INTERVENTIONS, AND DEVELOPMENTALLY APPROPRIATE ENVIRONMENTS. THE INSTITUTE ALSO OFFERS A TRAINING PROGRAM FOR PROSPECTIVE EDUCATORS TO OBTAIN A CHILD DEVELOPMENT ASSOCIATE (CDA) CREDENTIAL IN INFANT/TODDLER OR PRESCHOOL ENDORSEMENTS WITH A BILINGUAL SPECIALIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myrna Peralta President & CEO | Officer | 60 | $233,654 |
Ignacio Bravo CFO | Officer | 40 | $158,712 |
Cynthia Mercado Sr Dir Of Oper & Admin | 40 | $111,434 | |
Rosalina Burgos Sr. Dir For Early Childhood Ed | 40 | $109,475 | |
Dennis A Davison Chair | OfficerTrustee | 2 | $0 |
Phenola Lawrence Secretary | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Moseley Architects Achitectural Services | 6/29/21 | $466,537 |
Sysco Baltimore Food Purchase | 6/29/21 | $482,536 |
Bohler Engineering Engineering Service | 6/29/21 | $124,313 |
Professional Cleaning Services Dmv Llc Cleaning Service | 6/29/21 | $101,007 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,905,762 |
| All other contributions, gifts, grants, and similar amounts not included above | $642,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,548,140 |
| Total Program Service Revenue | $1,210,702 |
| Investment income | $126,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $336,030 |
| Net Gain/Loss on Asset Sales | $1,688,853 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,952,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $89,975 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $443,853 |
| Compensation of current officers, directors, key employees. | $51,536 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,062,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $678,893 |
| Payroll taxes | $699,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,250 |
| Fees for services: Accounting | $160,748 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $71,805 |
| Fees for services: Other | $959,776 |
| Advertising and promotion | $0 |
| Office expenses | $751,219 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,059,416 |
| Travel | $5,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,687 |
| Interest | $127,369 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,384 |
| Insurance | $131,589 |
| All other expenses | $0 |
| Total functional expenses | $15,482,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,934,105 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,345,706 |
| Accounts receivable, net | $135,581 |
| 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 | $103,160 |
| Net Land, buildings, and equipment | $161,981 |
| Investments—publicly traded securities | $13,713,215 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $212,425 |
| Total assets | $17,606,173 |
| Accounts payable and accrued expenses | $1,333,517 |
| Grants payable | $0 |
| Deferred revenue | $46,221 |
| Tax-exempt bond liabilities | $3,037,554 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,524,783 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $285,213 |
| Total liabilities | $8,227,288 |
| Net assets without donor restrictions | $8,314,676 |
| Net assets with donor restrictions | $1,064,209 |
| 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 | $17,606,173 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Centronia has recieved totaling $951,378.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $815,600 |
Greater Dc Diaper Bank Washington, DC PURPOSE: DIAPER NEEDS | $78,839 |
Diane & Norman Bernstein Foundation Washington, DC PURPOSE: CHARITABLE | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $24,350 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $6,000 |
Peale Foundation Inc Pawling, NY PURPOSE: QUALITY CHILD CARE EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgetown Hill Child Care Center Inc Montgomery Village, MD | $9,950,402 | $20,593,536 |
Centronia Washington, DC | $17,606,173 | $16,952,822 |
The Childrens Center Franklin, VA | $3,548,502 | $14,069,816 |
Campagna Center Inc Alexandria, VA | $7,278,188 | $13,190,790 |
Child Care Resources Inc Richmond, VA | $3,029,926 | $11,141,593 |
Kids After Hours Child Care Centers Rockville, MD | $714,700 | $7,688,874 |
Bright Beginnings Inc Washington, DC | $12,885,067 | $9,346,448 |
Barbara Chambers Childrens Center Washington, DC | $9,587,651 | $8,637,474 |
Montgomery Child Care Association Inc Rockville, MD | $6,824,576 | $8,715,937 |
St Albans Early Childhood Center Inc Washington, DC | $2,128,910 | $5,915,178 |
Higher Horizons Day Care Center Inc Falls Church, VA | $702,778 | $4,937,803 |
Play Centers Inc Parkville, MD | $2,207,009 | $5,482,909 |