Child Development Centers Of The Bluegrass Inc
- Assets
- $8.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 193
- Location
- Lexington, KY
- Founding
- 06/1959
- Data as of
- 06/2022
- EIN
- 61-0543367
Organization Overview
Child Development Centers Of The Bluegrass Inc is located in Lexington, KY. The organization was established in 1959. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Child Development Centers Of The Bluegrass Inc employed 193 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child Development Centers Of The Bluegrass 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 06/2022, Child Development Centers Of The Bluegrass Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 1.8% 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
THE CHILD DEVELOPMENT CENTER OF THE BLUEGRASS IS DEDICATED TO ENSURING THAT ALL CHILDREN REACH THEIR FULL POTENTIAL BY COLLABORATING WITH FAMILIES AND COMMUNITY PARTNERS TO CREATE THE HIGHEST QUALITY HOME AND COMMUNITY-BASED THERAPY SERVICES AS WELL AS PRESCHOOL AND CHILD CARE PROGRAMS THAT BENEFIT BOTH CHILDREN WITH AND WITHOUT SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER PROVIDES LEARNING OPPORTUNITIES FOR APPROXIMATELY 255 CHILDREN, AGES 6 WEEKS TO 60 MONTHS. THE CENTER PROVIDES DEVELOPMENTALLY DELAYED CHILDREN WITH SERVICES THEY MAY NOT BE ABLE TO RECEIVE IN THE PUBLIC SCHOOL SYSTEM. THE CENTER PROVIDES AN INTEGRATED PRE-SCHOOL ENVIRONMENT FOR TYPICALLY DEVELOPING CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindy Towles Executive Director | Officer | 50 | $143,872 |
Steven Loy Director-Chair | OfficerTrustee | 4 | $0 |
Roger Bean Director-Treasurer | OfficerTrustee | 2 | $0 |
Becky Dehoag Director-First Vice President | OfficerTrustee | 1 | $0 |
Catherine Healy Director-Second Vice President | OfficerTrustee | 1 | $0 |
John Tobe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $758,562 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,316 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $928,878 |
| Total Program Service Revenue | $2,581,023 |
| Investment income | $97,549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $390,494 |
| Net Income from Fundraising Events | $30,933 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,028,877 |
| 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. | $143,872 |
| Compensation of current officers, directors, key employees. | $21,581 |
| Compensation to disqualified persons | $2,094,373 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,608 |
| Other employee benefits | $85,007 |
| Payroll taxes | $159,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,666 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,644 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,376 |
| Office expenses | $0 |
| Information technology | $20,928 |
| Royalties | $0 |
| Occupancy | $254,395 |
| 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 | $73,279 |
| Insurance | $0 |
| All other expenses | $20,643 |
| Total functional expenses | $3,368,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $540,513 |
| Savings and temporary cash investments | $131,933 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,499 |
| 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 | $59,130 |
| Net Land, buildings, and equipment | $40,286 |
| Investments—publicly traded securities | $5,089,288 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,119,261 |
| Total assets | $8,006,910 |
| Accounts payable and accrued expenses | $288,278 |
| 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 | $288,278 |
| Net assets without donor restrictions | $6,392,778 |
| Net assets with donor restrictions | $1,325,854 |
| 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 | $8,006,910 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Child Development Centers Of The Bluegrass Inc has recieved totaling $36,798.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $22,500 |
Childrens Charity Fund Of The Bluegrass Lexington, KY PURPOSE: PROVIDE FUNDS FOR EXEMPT PURPOSE | $12,500 |
Nisource Charitable Foundation Columbus, OH PURPOSE: CORPORATE DONATION | $1,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $298 |
Endowment Analysis
| Beg. Balance | $1,325,854 |
| Earnings | $21,372 |
| Other Expense | $21,372 |
| Ending Balance | $1,325,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Focus Inc Cincinnati, OH | $13,889,925 | $19,676,752 |
Whites Residential And Family Services Inc Wabash, IN | $39,956,832 | $19,808,843 |
Virginia Baptist Childrens Home And Family Services Salem, VA | $22,485,858 | $18,159,448 |
Beech Acres Parenting Center Cincinnati, OH | $84,277,437 | $12,944,953 |
Kids Above All Illinois Chicago, IL | $6,170,372 | $14,023,607 |
Catholic Charities Of Louisville Inc Louisville, KY | $10,972,807 | $15,581,081 |
Jackson County Community Childrens Service Fund Kansas City, MO | $22,334,800 | $14,345,673 |
Youth Service Bureau Of Illinois Valley Incorporated Ottawa, IL | $4,153,278 | $14,098,230 |
Gads Hill Center Chicago, IL | $12,791,437 | $15,113,158 |
Lutheran Family And Childrens Services Of Missouri St Louis, MO | $11,391,794 | $13,865,128 |
Youth Services System Inc Wheeling, WV | $12,303,139 | $14,112,236 |
Wingspan Care Group Shaker Heights, OH | $2,815,683 | $12,331,109 |