Day Care Services For Children Inc
- Assets
- $507.2k
- Revenue
- $372.4k
- Investments
- $0.0
- Employees
- 19
- Location
- Milwaukee, WI
- Founding
- 07/1968
- Data as of
- 10/2020
- EIN
- 39-1096281
Organization Overview
Day Care Services For Children Inc is located in Milwaukee, WI. The organization was established in 1968. 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 10/2020, Day Care Services For Children Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Day Care Services For Children 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 10/2020, Day Care Services For Children Inc generated $372.4k 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 (12.4%) each year. All expenses for the organization totaled $387.4k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES DAY CARE FOR PRESCHOOL CHILDREN.
Describe the Organization's Program Activity:
PROVIES DAY CARE SERVICES TO PRESCHOOL-AGE CHILDREN AND EXTENDED SUMMER CARE TO SCHOOL-AGE CHILDREN. THESE SERVICES ARE PROVIDED AT A DAY CARE CENTER LOCATED IN THE CENTRAL CITY OF THE MILWAUKEE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Buschmann President | OfficerTrustee | 4 | $0 |
Cathy Smith Secretary | OfficerTrustee | 4 | $0 |
Edward Konkol Treasurer | OfficerTrustee | 4 | $0 |
James Swiderski Vice President | OfficerTrustee | 4 | $0 |
William Coffer Board Member | Trustee | 2 | $0 |
David Espinoza Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,789 |
| Investment income | $1,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,973 |
| 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 | $372,417 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $258,839 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,709 |
| Payroll taxes | $22,781 |
| 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 | $12,213 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,880 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $384 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,968 |
| All other expenses | $0 |
| Total functional expenses | $387,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,421 |
| 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 | $295 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $507,222 |
| Accounts payable and accrued expenses | $42,701 |
| Grants payable | $0 |
| Deferred revenue | $6,860 |
| 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 | $218,517 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $268,078 |
| 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 |
| Total liabilities and net assets/fund balances | $239,144 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Think Small Saint Paul, MN | $8,024,590 | $30,547,585 |
Providers Choice Inc Minneapolis, MN | $4,205,480 | $24,736,652 |
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Child Care Resource And Referral Inc Rochester, MN | $8,853,289 | $18,520,404 |
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 |
Sal Family And Community Services Moline, IL | $8,918,922 | $19,104,520 |
Carole Robertson Center For Learning Chicago, IL | $14,277,174 | $18,327,901 |
Children And Families Of Iowa Des Moines, IA | $18,712,609 | $16,514,094 |
Henry Booth House Chicago, IL | $2,336,796 | $13,372,384 |
Mary Crane League Chicago, IL | $2,658,190 | $10,239,399 |
Mid-Michigan Child Care Centers Inc Freeland, MI | $1,154,182 | $9,904,930 |