Second Presbyterian Church Child Care Center
- Assets
- $372.2k
- Revenue
- $22.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Richmond, VA
- Founding
- 04/1974
- Data as of
- 12/2021
- EIN
- 54-0961588
Organization Overview
Second Presbyterian Church Child Care Center is located in Richmond, VA. The organization was established in 1974. 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, Second Presbyterian Church Child Care Center employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Presbyterian Church Child Care Center 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, Second Presbyterian Church Child Care Center generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.8%) each year. All expenses for the organization totaled $88.0k during the year ending 12/2021. 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
CHILD CARE CENTER THAT PROVIDES A MULTICULTURAL, EXPERIENTIAL PRESCHOOL LEARNING ENVIRONMENT IN DOWNTOWN RICHMOND. EACH CHILD IS VIEWED AS A UNIQUE INDIVIDUAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIOR TO THE SHUTDOWN IN MARCH 2020, THE CENTER SERVED APPROXIMATELY 50 CHILDREN. WE ENCOURAGED CHILDREN TO ENGAGE IN LEARNING WITHIN THEIR OWN AGE AND DEVELOPMENTALLY APPROPRIATE GROUP, BUT ALSO THROUGH ENGAGING CHILDREN WHO WERE OLDER OR YOUNGER. LIVING IN A MULTI-CULTURAL SOCIETY, WE ATTEMPTED TO BUILD A CENTER WHERE DIFFERENCES IN RACE, RELIGION, AND GENDER WERE APPRECIATED AND TAKEN AS AN OPPORTUNITY TO LEARN MORE ABOUT THOSE WHO LIVE IN OUR COMMUNITY. IN 2021 THE ORGANIZATION WAS ABLE TO USE CARES ACT FUNDING TO COMPENSATE STAFF FOR A SHORT TIME AS THEY ASSESSED WHETHER REOPENING THE FACILITY WAS FEASIBLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Hudson Executive Di | Officer | 30 | $17,083 |
Julia Allred Secretary | OfficerTrustee | 5 | $0 |
Sheri Highfill Treasurer | OfficerTrustee | 5 | $0 |
Katie King Vice Preside | OfficerTrustee | 5 | $0 |
Sue Munro President | OfficerTrustee | 5 | $0 |
Ginger Evans Church Liais | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,173 |
| All other contributions, gifts, grants, and similar amounts not included above | $966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,139 |
| Total Program Service Revenue | $0 |
| Investment income | $5,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,045 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,831 |
| 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. | $23,831 |
| Compensation of current officers, directors, key employees. | $2,383 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,130 |
| Pension plan accruals and contributions | $2,000 |
| Other employee benefits | $1,750 |
| Payroll taxes | $19,271 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $967 |
| Fees for services: Other | $1,305 |
| Advertising and promotion | $0 |
| Office expenses | $3,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $369 |
| 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 | $10,145 |
| Insurance | $0 |
| All other expenses | $79 |
| Total functional expenses | $88,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,326 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,680 |
| Net Land, buildings, and equipment | $41,437 |
| Investments—publicly traded securities | $252,713 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $372,156 |
| Accounts payable and accrued expenses | $6,710 |
| 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 | $6,710 |
| Net assets without donor restrictions | $365,446 |
| 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 | $372,156 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Second Presbyterian Church Child Care Center has recieved totaling $31.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Endowment Analysis
| Beg. Balance | $236,423 |
| Earnings | $16,481 |
| Admin Expense | $967 |
| Ending Balance | $251,937 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwestern Child Development Commission Inc Webster, NC | $5,030,316 | $8,632,437 |
Kids After Hours Child Care Centers Rockville, MD | $714,700 | $7,688,874 |
Bright Beginnings Inc Washington, DC | $12,885,067 | $9,346,448 |
Community Coordinated Child Care Inc Louisville, KY | $2,874,516 | $6,545,348 |
Barbara Chambers Childrens Center Washington, DC | $9,587,651 | $8,637,474 |
Montgomery Child Care Association Inc Rockville, MD | $6,824,576 | $8,715,937 |
North Carolina 811 Inc Greensboro, NC | $5,590,050 | $6,021,389 |
St Albans Early Childhood Center Inc Washington, DC | $2,128,910 | $5,915,178 |
Higher Horizons Day Care Center Inc Falls Church, VA | $702,778 | $4,937,803 |
Playmates Pre-School And Child Care Centers Huntington, WV | $11,132,129 | $10,102,063 |
Habilitation And Training Services Inc Gallatin, TN | $2,538,366 | $5,452,693 |
Day Spring Inc Louisville, KY | $859,006 | $4,322,401 |