Wesley Community Center
- Assets
- $2.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 32
- Location
- Corpus Christi, TX
- Founding
- 03/1953
- Data as of
- 12/2021
- EIN
- 74-1185657
Organization Overview
Wesley Community Center is located in Corpus Christi, TX. The organization was established in 1953. 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, Wesley Community Center employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wesley Community 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, Wesley Community Center generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILD CARE AND RELATED SERVICES TO LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY CARE SERVICES FOR LOW INCOME FAMILIES
EMERGENCY ASSISTANCE TO PROVIDE CLOTHING, FOOD AND UTILITIES PARTIALLY SPONSORED BY FEMA FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malinda Conway Faughn Executive Direc | 40 | $83,724 | |
Holly Bockholt Treasurer | OfficerTrustee | 4 | $0 |
Chief Mike Markel Vice President | OfficerTrustee | 1 | $0 |
Scott Elliff Past President | OfficerTrustee | 2 | $0 |
Dwayne Hargis President | OfficerTrustee | 4 | $0 |
Laura Young Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $131,862 |
| All other contributions, gifts, grants, and similar amounts not included above | $506,281 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $638,143 |
| Total Program Service Revenue | $694,271 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $485,596 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,818,010 |
| 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. | $83,724 |
| Compensation of current officers, directors, key employees. | $7,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $431,653 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $240 |
| Payroll taxes | $41,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,243 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,965 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,502 |
| Travel | $430 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,690 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,442 |
| Insurance | $5,735 |
| All other expenses | $9,410 |
| Total functional expenses | $1,066,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $877,659 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $161,613 |
| 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 | $1,818,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,857,520 |
| Accounts payable and accrued expenses | $18,349 |
| 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 | $447,473 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $465,822 |
| Net assets without donor restrictions | $2,331,572 |
| Net assets with donor restrictions | $60,126 |
| 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 | $2,857,520 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Wesley Community Center has recieved totaling $376,671.
| Awarding Organization | Amount |
|---|---|
Methodist Healthcare Ministries Of South Texas Inc San Antonio, TX PURPOSE: Homeless children's program | $170,000 |
United Way Of The Coastal Bend Inc Corpus Christi, TX PURPOSE: program support | $126,589 |
Coastal Bend Community Foundation Corpus Christi, TX PURPOSE: PROGRAM SUPPORT | $50,082 |
John G & Marie Stella Kenedy Memorial Foundation Corpus Christi, TX PURPOSE: Homeless Children's Program | $25,000 |
Allen Lovelace Moore And Blanche Davis Moore Foundation Corpus Christi, TX PURPOSE: YOUTH CHILD CARE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advance Child Care Inc Corsicana, TX | $3,473,974 | $18,615,609 |
Lionheart Childrens Academy Bedford, TX | $10,671,656 | $17,109,685 |
Clayton Child Care Inc Fort Worth, TX | $8,846,592 | $17,902,037 |
Kaleidoscope Youth Development Services Inc Houston, TX | $9,400,325 | $12,047,136 |
Greater Opportunities Of The Permian Basin Inc Odessa, TX | $3,693,464 | $8,563,372 |
Washington County Child Care Foundation Bartlesville, OK | $10,576,887 | $9,436,794 |
Central Texas 4c Inc Temple, TX | $3,947,327 | $8,012,001 |
Advance Child Care Inc Palestine, TX | $3,677,390 | $6,266,203 |
Geo-Son Child Care Services Inc Mcallen, TX | $627,795 | $5,505,457 |
Child Nutrition Inc Tuscola, TX | $443,325 | $5,358,207 |
Day Nursery Of Abilene Abilene, TX | $8,688,631 | $5,575,729 |
Apples And Oranges Corp Fort Worth, TX | $722,861 | $5,042,716 |