Felician Sisters Child Care Centers
- Assets
- $3.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 84
- Location
- Livonia, MI
- Founding
- 03/1943
- Data as of
- 06/2022
- EIN
- 38-2128764
Organization Overview
Felician Sisters Child Care Centers is located in Livonia, MI. The organization was established in 1943. 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, Felician Sisters Child Care Centers employed 84 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Felician Sisters Child Care Centers 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, Felician Sisters Child Care Centers generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 0.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GUIDED BY OUR CATHOLIC AND FELICIAN TRADITIONS, WE NURTURE AND EDUCATE THE WHOLE CHILD IN A PEACEFUL AND FAITH-FILLED ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS CHILD CARE AND EDUCATION TO INFANTS, TODDLERS, AND PRESCHOOL AGE CHILDREN. ST. MARY CENTER IS LICENSED FOR AGES 2 WEEKS TO 9 YEARS, WHILE THE MONTESSORI CENTER OPERATES FOR CHILDREN AGES 6 WEEKS TO 8 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Fulkerson Former Director | 0 | $0 | |
Bridget Armstrong Director | Trustee | 40 | $0 |
Karen Richter President | OfficerTrustee | 40 | $90,104 |
Gail C Jones Secretary Treasurer | Officer | 40 | $70,753 |
Sr Bernadette M Jimkoski Director | Trustee | 2 | $0 |
Sheila Johnson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,724 |
| Related organizations | $34,088 |
| Government grants | $740,683 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $779,246 |
| Total Program Service Revenue | $2,333,677 |
| Investment income | $11,114 |
| 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 | $3,558,747 |
| 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 | $1,751,223 |
| Pension plan accruals and contributions | $52,469 |
| Other employee benefits | $192,599 |
| Payroll taxes | $154,655 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $667 |
| 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 | $5,185 |
| Office expenses | $39,571 |
| Information technology | $5,489 |
| Royalties | $0 |
| Occupancy | $271,944 |
| Travel | $240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,719 |
| Interest | $5,555 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $99,120 |
| Insurance | $6,112 |
| All other expenses | $13,820 |
| Total functional expenses | $2,751,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,198 |
| Savings and temporary cash investments | $227,093 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,037 |
| 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 | $55,384 |
| Net Land, buildings, and equipment | $2,600,696 |
| Investments—publicly traded securities | $563,487 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,796,895 |
| Accounts payable and accrued expenses | $30,187 |
| Grants payable | $0 |
| Deferred revenue | $177,700 |
| 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 | $230,800 |
| Other liabilities | $192,528 |
| Total liabilities | $631,215 |
| Net assets without donor restrictions | $3,149,649 |
| Net assets with donor restrictions | $16,031 |
| 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 | $3,796,895 |