Zearing Child Enrichment Center Inc
- Assets
- $1.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 36
- Location
- Princeton, IL
- Founding
- 09/1974
- Data as of
- 06/2024
- EIN
- 36-2797203
Organization Overview
Zearing Child Enrichment Center Inc is located in Princeton, IL. The organization was established in 1974. 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 06/2024, Zearing Child Enrichment Center Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zearing Child Enrichment 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 06/2024, Zearing Child Enrichment Center Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 9.0% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE PHYSICAL, SOCIAL-EMOTIONAL, COMMUNICATION/LANGUAGE, AND COGNITIVE DEVELOPMENT OF CHILDREN WHILE CONTRIBUTING TO THE ECONOMIC VITALITY OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DAY CARE SERVICES FOR APPROXIMATELY 120-140 CHILDREN PER DAY WITH THE SUPPORT OF THE ILLINOIS DEPARTMENT OF HUMAN SERVICES. PROGRAMS INCLUDE INFANT, TODDLER, PRE-SCHOOL AND SCHOOL AGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Widmer Executive Dir. | Officer | 40 | $62,168 |
Nicole Sampson Asst Director | Officer | 40 | $49,859 |
Tom Tester President | Trustee | 1 | $0 |
Scott Hartman Vice President | Trustee | 1 | $0 |
Louann Birkey Secretary | Trustee | 1 | $0 |
Julia Cain Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $186,625 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,900 |
| Total Program Service Revenue | $1,067,050 |
| Investment income | $5,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,056 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,273,755 |
| 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. | $112,027 |
| Compensation of current officers, directors, key employees. | $108,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $798,638 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,899 |
| Payroll taxes | $72,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,043 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $292 |
| Advertising and promotion | $600 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,360 |
| Travel | $0 |
| 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 | $47,924 |
| Insurance | $24,710 |
| All other expenses | $15,873 |
| Total functional expenses | $1,282,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $496,307 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,690 |
| 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 | $14,698 |
| Net Land, buildings, and equipment | $569,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,126,739 |
| Accounts payable and accrued expenses | $68,436 |
| 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 | $68,436 |
| Net assets without donor restrictions | $945,211 |
| Net assets with donor restrictions | $113,092 |
| 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 | $1,126,739 |