The Childrens Center Of Western North Carolina
- Assets
- $466.9k
- Revenue
- $805.6k
- Investments
- $0.0
- Employees
- 28
- Location
- Asheville, NC
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 36-4517509
Organization Overview
The Childrens Center Of Western North Carolina is located in Asheville, NC. The organization was established in 2004. 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 12/2023, Childrens Center Of Western North Carolina employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Center Of Western North Carolina 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 12/2023, Childrens Center Of Western North Carolina generated $805.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $804.1k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AS TEACHERS IT IS OUR RESPONSIBILITY TO PROVIDE AN ENRICHED ENVIRONMENT, WITH MEANINGFUL ACTIVITIES, TO NURTURE AND FACILITATE CHILDRENS LEARNING. WE DO THIS AT CHILDRENS CENTER (CONTINUED ON PAGE 2)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDRENS CENTER OF WESTERN NORTH CAROLINA (TCC) SERVED OVER 80 FAMILIES IN 2023, EDUCATING AND NURTURING CHILDREN. THROUGH OUR PARTNERSHIP WITH BUNCOMBE COUNTY PARTNERSHIP FOR CHILDREN TO FACILITATE QUALITY AND IMPROVED LEARNING ENVIRONMENTS, WE HAVE RECEIVED THE SUSTAINING FACILITY QUALITY GRANT; ALLOWING US TO PROVIDE SPECIALIZED TRAINING, ENHANCED CLASSROOM MATERIALS, AND IMPROVED STAFF MEDICAL BENEFITS. THE COMPANY ALSO PARTNERED WITH NC DCDEE TO ENSURE STAFF PAY ALLOWANCES TO HELP ATTRACT AND RETAIN EARLY EDUCATORS IN THE INDUSTRY. THE STABILIZATION GRANT HAS BEEN PROVIDED QUARTERLY, AND WITH THESE FUNDS EMPLOYEES OF TCC RECEIVE AN ENHANCED RATE OF PAY FOR HOURS WORKED.
TCC SUPPORTS FAMILIES BY FACILITATING EARLY LEARNING EXPERIENCES, FAMILY VALUES, INCLUSION, AND COMMUNITY CULTURE. WE BELIEVE ALL CHILDREN HAVE A RIGHT TO EQUITABLE LEARNING OPPORTUNITIES AND WE STRIVE TO EMBRACE DIVERSITY AND FAIR PRACTICE IN ENROLLING CHILDREN TO THE PROGRAM. SUBSIDY VOUCHERS MADE UP APPROXIMATELY 20% OF OUR ENROLLMENT IN 2023; WE DISCOUNTED $28,152.54 IN TUITION FOR FAMILIES; WE EMPLOYED 12 FULL TIME TEACHERS; WE HAD 1 TEACHER COMPLETE THEIR AA DEGREE IN EARLY CHILDHOOD EDUCATION. THE EXECUTIVE DIRECTOR SERVED ON THE NC PREK COMMITTEE AND THE ASHEVILLE BUNCOMBE PRESCHOOL PLANNING COLLABORATIVE COMMITTEE.
THE CHILDRENS CENTER IS A 5-STAR NC LICENSED FACILITY THAT OPERATES YEAR-ROUND AND IS LICENSED TO SERVE 61 CHILDREN AT A TIME. TCC IS A MEMBER OF THE NATIONAL ASSOCIATION OF EDUCATION FOR YOUNG CHILDREN (NAEYC), NORTH CAROLINA LICENSED CHILDCARE ASSOCIATION (NCLCCA), AND THE ASHEVILLE BUNCOMBE CHAMBER OF COMMERCE. OUR PROGRAM IS DEDICATED TO TEACHING CHILDREN THROUGH PLAY-BASED LEARNING TO CREATE SELF- AWARENESS, SOCIAL IDENTITY, CONFIDENCE, AND SCHOOL READINESS SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tameka King Executive Director | Officer | 40 | $46,682 |
Stacy Anderson Board Chair | OfficerTrustee | 3 | $0 |
Sunny-Dae Larson Vice Chair | OfficerTrustee | 3 | $0 |
Marina Barnett Treasurer | OfficerTrustee | 1 | $0 |
Emily Willis Member | Trustee | 1 | $0 |
Melissa Kledis Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,703 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,234 |
| Total Program Service Revenue | $648,210 |
| Investment income | $8,665 |
| 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 | $805,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,143 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,362 |
| Compensation of current officers, directors, key employees. | $3,868 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $447,901 |
| Pension plan accruals and contributions | $9,908 |
| Other employee benefits | $54,387 |
| Payroll taxes | $41,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,120 |
| Fees for services: Accounting | $6,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,051 |
| Advertising and promotion | $222 |
| Office expenses | $11,248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,876 |
| 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 | $2,192 |
| Insurance | $12,201 |
| All other expenses | $6,992 |
| Total functional expenses | $804,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,761 |
| Savings and temporary cash investments | $403,906 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,423 |
| 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 | $14,770 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $466,860 |
| Accounts payable and accrued expenses | $7,396 |
| 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 | $7,396 |
| Net assets without donor restrictions | $0 |
| 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 | $459,464 |
| Total liabilities and net assets/fund balances | $466,860 |