Carol Matheys Center For Children And Families Inc
- Assets
- $864.2k
- Revenue
- $570.8k
- Investments
- $0.0
- Employees
- 21
- Location
- Oakdale, MN
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 41-1647445
Organization Overview
Carol Matheys Center For Children And Families Inc is located in Oakdale, MN. The organization was established in 1994. 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 12/2021, Carol Matheys Center For Children And Families Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carol Matheys Center For Children And Families 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 12/2021, Carol Matheys Center For Children And Families Inc generated $570.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $475.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. 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
TO PROVIDE AFFORDABLE, HIGH QUALITY PROGRAMS TO CHILDREN AND FAMILIES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VISION OF CAROL MATHEYS CENTER FOR CHILDREN AND FAMILIES IS: AS OUR WORLD BECOMES MORE COMPLEX, THE NEED FOR PROGRAMS SUCH AS OURS BECOMES EVER MORE IMPORTANT FOR FAMILIES. CAROL MATHEYS CENTER FOR CHILDREN AND FAMILIES IS COMMITTED TO PROVIDING OUR COMMUNITY WITH NEEDED EARLY LEARNING PROGRAMS, KEEPING THEM AFFORDABLE AND OFFERING SCHOLARSHIPS TO THOSE IN NEED FOR MANY FUTURE GENERATIONS. OUR CURRENT PROGRAMS INCLUDE PRESCHOOL, PRE-K, KINDERGARTEN, BEFORE AND AFTER SCHOOL CARE AND SUMMER DAY CAMPS. OUR PRESCHOOL PROGRAMS HAVE ACHIEVED THE HIGHEST QUALITY RATING OF 4 STARS FROM THE MINNESOTA PARENT AWARE FROM 2014-PRESENT. OUR CHILD CARE PROGRAMS PROVIDE CHILDREN WITH HIGH QUALITY CARE BY BEING COMMITTED TO SMALL GROUPS, LOW TEACHER CHILD RATIOS AND HIGHLY QUALIFIED STAFF. OUR NUTRITION PROGRAMS (CONTINUED ON SCHEDULE O)GIVE ALL CHILDREN 2 NATIONALLY BALANCED MEALS AND SNACKS EACH DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacie Penn Executive Director | Officer | 40 | $70,048 |
Marla Reichow Secretary | OfficerTrustee | 2 | $0 |
Krista Kook Board Chair | OfficerTrustee | 5 | $0 |
Tami Kyrk Treasurer | OfficerTrustee | 2 | $0 |
Pam Siebert Vice Chair | OfficerTrustee | 2 | $0 |
Angie Propp Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,050 |
| Related organizations | $0 |
| Government grants | $123,452 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,082 |
| Total Program Service Revenue | $404,241 |
| Investment income | $946 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,493 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $570,762 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,035 |
| 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. | $70,648 |
| Compensation of current officers, directors, key employees. | $69,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,744 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,084 |
| Payroll taxes | $24,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $447 |
| Advertising and promotion | $11,881 |
| Office expenses | $9,943 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,177 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,117 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,407 |
| Insurance | $11,331 |
| All other expenses | $0 |
| Total functional expenses | $475,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $511,058 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,736 |
| 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 | $50 |
| Net Land, buildings, and equipment | $343,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,406 |
| Other assets | $0 |
| Total assets | $864,213 |
| Accounts payable and accrued expenses | $9,112 |
| 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 | $212,513 |
| Unsecured mortgages and notes payable | $49,707 |
| Other liabilities | $0 |
| Total liabilities | $271,332 |
| Net assets without donor restrictions | $592,881 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $864,213 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carol Matheys Center For Children And Families Inc has recieved totaling $121.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
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 |
Child Care Resource And Referral Inc Rochester, MN | $8,853,289 | $18,520,404 |
Children And Families Of Iowa Des Moines, IA | $18,712,609 | $16,514,094 |
Encompass Early Education And Care Inc Green Bay, WI | $8,419,390 | $8,397,899 |
St Joseph Academy Inc Milwaukee, WI | $7,083,434 | $6,157,567 |
Apple Tree Childrens Center Inc Sioux Falls, SD | $1,444,278 | $5,832,493 |
Wisconsin Youth Company Inc Madison, WI | $3,766,489 | $5,762,746 |
Ebenezer Child Care Centers Inc West Allis, WI | $4,255,096 | $4,885,385 |
Milestones Programs For Children Inc Milwaukee, WI | $3,473,395 | $4,940,106 |
Community United Child Care Centers Inc Cedar Falls, IA | $5,039,004 | $5,135,124 |
Charlie Brown Community Day Care Center Mason City, IA | $5,429,986 | $4,997,843 |