Takoma Park Child Development Center Incorporated is located in Takoma Park, MD. The organization was established in 1998. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 09/2021, Takoma Park Child Development Center Incorporated employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Takoma Park Child Development Center Incorporated 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 09/2021, Takoma Park Child Development Center Incorporated generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.6m during the year ending 09/2021. While expenses have increased by 1.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILDREN WITH A SAFE AND NURTURING ENVIRONMENT WHERE A POSITIVE SENSE OF SELF, FEELINGS OF TRUST AND SECURITY, AND A LOVE FOR LEARNING AND RESPECT FOR OTHERS WILL DEVELOP. THE CENTER IS ALSO DEDICATED TO PROMOTING A HARMONIOUS, DIVERSE COMMUNITY, AND TO SUPPORTING FAMILIES BY PROVIDING CONSISTENT, CONVENIENT, AFFORDABLE, AND HIGH QUALITY CHILD CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAINTAINS AND OPERATES A HIGH QUALITY CHILD CARE CENTER FOR TAKOMA PARK COMMUNITY MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lara Marks Finder Center Director | Officer | 40 | $42,254 |
Stefanie George Vice Chair | OfficerTrustee | 2 | $0 |
Amber Kuchar-Bell Chair | OfficerTrustee | 2 | $0 |
Lesley Perry Secretary | OfficerTrustee | 2 | $0 |
Rhea Hubbard Treasurer | OfficerTrustee | 2 | $0 |
Michele Dash-Pauls Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $347,811 |
All other contributions, gifts, grants, and similar amounts not included above | $12,061 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $359,872 |
Total Program Service Revenue | $1,625,844 |
Investment income | $546 |
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 | $1,990,796 |
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. | $117,686 |
Compensation of current officers, directors, key employees. | $111,802 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $877,243 |
Pension plan accruals and contributions | $21,428 |
Other employee benefits | $120,779 |
Payroll taxes | $75,153 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,245 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $22,694 |
Advertising and promotion | $0 |
Office expenses | $2,390 |
Information technology | $20,008 |
Royalties | $0 |
Occupancy | $135,581 |
Travel | $222 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $49 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,743 |
Insurance | $24,940 |
All other expenses | $2,192 |
Total functional expenses | $1,575,206 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $194,194 |
Savings and temporary cash investments | $499,346 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $123,016 |
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 | $16,104 |
Investments—publicly traded securities | $0 |
Investments—other securities | $14,104 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $846,764 |
Accounts payable and accrued expenses | $13,840 |
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 | $260,365 |
Other liabilities | $118,638 |
Total liabilities | $392,843 |
Net assets without donor restrictions | $453,921 |
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 | $846,764 |
Over the last fiscal year, we have identified 1 grants that Takoma Park Child Development Center Incorporated has recieved totaling $266.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $266 |
Organization Name | Assets | Revenue |
---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Indian Creek School Incorporated Crownsville, MD | $30,010,402 | $16,596,425 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |
Head Start Of Washington County Inc Hagerstown, MD | $4,452,901 | $7,265,317 |
Salisbury School Inc Salisbury, MD | $6,313,539 | $5,796,453 |
Richmond Montessori School Inc Richmond, VA | $10,937,942 | $7,480,859 |
National Child Research Center Washington, DC | $18,249,824 | $5,793,613 |
Plumstead Christian School Plumsteadville, PA | $10,735,622 | $6,287,243 |
Salisbury Christian School Inc Salisbury, MD | $7,493,409 | $5,239,580 |