Mary Mcleod Bethune Early Child Development Nursery Inc
- Assets
- $2.0m
- Revenue
- $741.3k
- Investments
- $0.0
- Employees
- 51
- Location
- Corpus Christi, TX
- Founding
- 06/1943
- Data as of
- 12/2020
- EIN
- 74-1238426
Organization Overview
Mary Mcleod Bethune Early Child Development Nursery Inc is located in Corpus Christi, TX. The organization was established in 1943. 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, Mary Mcleod Bethune Early Child Development Nursery Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Mcleod Bethune Early Child Development Nursery 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 12/2020, Mary Mcleod Bethune Early Child Development Nursery Inc generated $741.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $851.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O - ADDITIONAL INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARY MCLEOD BETHUNE DAY NURSERY FOR THE PAST 73 YEARS CONTINUES TO PROVIDE A QUALITY CHILD DEVELOPMENT PROGRAM FOR FAMILIES THAT ARE FINANCIALLY DISADVANTAGED AND MAY OR MAY NOT RESIDE IN THE LOCAL SHELTERS. ALL FUNDING FOR THIS PROGRAM GO STRICTLY FOR THE OPERATION OF THE CHILD DEVELOPMENTS PROGRAM, WHICH INCLUDE VARIOUS GRANTS AND COLLABORATION WITH AGENCIES THAT ENHANCE THE DEVELOPMENTAL GOALS OF OUR FAMILIES AND CHILDREN. SOME OF THE AGENCIES THAT BETHUNE COLLABORATE WITH FOR ENHANCEMENTS ARE: CORPUS CHRISTI SCHOOL DISTRICT, DEL MAR SPECIAL POPULATIONS, EARLY CHILDHOOD INTERVENTION, NATIONAL NURSING & REHABILITATION, HOMELESS ISSUES SERVICES, TEXAS DEPT. OF FAMILY & PROTECTIVE SERVICES, CITY OF CORPUS CHRISTI COMMUNITY DEVELOPMENT - EMERGENCY SHELTER GRANT (HUD), FOOD BANK OF THE COASTAL BEND, U.S. DEPT. OF AG. - CHILD & ADULT CARE FOOD PROGRAM, SALVATION ARMY, WOMEN'S SHELTER, MISSION 911, ANGEL FOOD, UNITED WAY OF THE COASTAL BEND AND COASTAL BEND WORKSOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melody Bice President | Trustee | $0 | |
Curtis Clark Vice Preside | Trustee | $0 | |
Melissa Clark Treasurer | Trustee | $0 | |
George Clower Friends Of B | Trustee | $0 | |
Tim Clower Friends Of B | Trustee | $0 | |
Armando Diaz Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $369,358 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $369,358 |
| Total Program Service Revenue | $387,733 |
| Investment income | $96 |
| 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 | -$15,901 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,296 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $358,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,840 |
| Payroll taxes | $27,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,721 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $115,059 |
| Travel | $1,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,867 |
| Interest | $5,497 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,187 |
| Insurance | $0 |
| All other expenses | $61,936 |
| Total functional expenses | $851,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,460 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,793 |
| 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 | $1,605,974 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,950,227 |
| Accounts payable and accrued expenses | $27,770 |
| 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 | $149,900 |
| Unsecured mortgages and notes payable | $169,900 |
| Other liabilities | $0 |
| Total liabilities | $347,570 |
| Net assets without donor restrictions | $1,602,657 |
| 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 | $1,950,227 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mary Mcleod Bethune Early Child Development Nursery Inc has recieved totaling $108,796.
| Awarding Organization | Amount |
|---|---|
Coastal Bend Community Foundation Corpus Christi, TX PURPOSE: CHILDCARE SUPPORT | $42,851 |
United Way Of The Coastal Bend Inc Corpus Christi, TX PURPOSE: program support | $40,945 |
John G & Marie Stella Kenedy Memorial Foundation Corpus Christi, TX PURPOSE: Child Care for Low-Income/Homeless Children | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Care Associates Fort Worth, TX | $13,866,495 | $89,049,945 |
Childcaregroup Dallas, TX | $19,327,371 | $29,694,811 |
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 |