Day Nursery Of Abilene is located in Abilene, TX. The organization was established in 1973. 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 12/2022, Day Nursery Of Abilene employed 216 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Day Nursery Of Abilene 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 12/2022, Day Nursery Of Abilene generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $5.1m during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 8 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
PROVIDE AFFORDABLE QUALITY CHILD CARE FOR A DIVERSE COMMUNITY. QUALITY CHILD CARE PROGRAMMING FOR CHILDREN AGES BIRTH-10 YEARS IS PROVIDED IN FOUR LICENSED FACILITIES SO THAT PARENTS CAN WORK, ATTEND SCHOOL AND/OR JOB TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ESTABLISHED IN THE EARLY 1970S, THE MISSION OF THE DAY NURSERY OF ABILENE IS TO PROVIDEAFFORDABLE QUALITY CHILD CARE FOR A DIVERSE COMMUNITY. THE DAY NURSERY OPERATES FOUR CHILD CARE CENTERS WITH A TOTAL LICENSING CAPACITY OF MORE THAN 600 CHILDREN (BIRTH 10 YEARS) OF 400 WORKING FAMILIES. THE CENTERS ARE STATE-LICENSED AND PARTICIPANTS IN THE STATES QUALITY RATING AND IMPROVEMENT SYSTEM, TEXAS RISING STAR (TRS) FOR QUALITY CHILD CARE PROGRAMS, AT A FOUR-STAR LEVEL. TRS REQUIRES PERIODIC REASSESSMENTS AND IN-DEPTH EVALUATION. THE AGENCY ALSO PARTICIPATES IN THE STATES CHILD CARE SUBSIDY PROGRAM (CHILD CARE SERVICES) TO PROVIDE REDUCED FEE CHILD CARE ASSISTANCE TO MEET THE NEEDS OF LOW-INCOME WORKING FAMILIES. THE DAY NURSERY OF ABILENE IS ALSO A PARTNER AGENCY OF THE UNITED WAY OF ABILENE WHICH IT HAS BEEN SINCE INCEPTION. IT RECEIVES COMMUNITY INVESTMENT FUNDS USED TO PROVIDE CHILD CARE FINANCIAL ASSISTANCE FOR FAMILIES IN NEED WHO DONT QUALIFY FOR STATE-FUNDED ASSISTANCE OR ARE ON THAT WAITING LIST. PROGRAMMING INCLUDES A RESEARCH-BASED LEARNING CURRICULUM TO MEET THE DEVELOPMENTAL NEEDS OF ALL CHILDREN, INCLUDING INFANTS. THE CENTERS PROVIDE A HANDS-ON LEARNING PROGRAM, ACTIVITIES (INCLUDING FIELD TRIPS) AND MATERIALS. IN ADDITION, NUTRITIONAL MEALS AND SNACKS (INCLUDING BABY FOOD AND FORMULA) FOR ALL ENROLLED CHILDREN ARE PROVIDED TO ASSURE NUTRITIONAL NEEDS ARE MET WHILE IN CARE. FEES CHARGED ARE ALL INCLUSIVE. A SCHOOL READINESS/PREK PROGRAM IS PROVIDED FOR PRESCHOOL AGE CHILDREN TO ENSURE THEY ARE APPROPRIATELY PREPARED FOR SCHOOL SUCCESS AND BEYOND. AFTER SCHOOL PROGRAMMING FOR ELEMENTARY AGE CHILDREN INCLUDES TRANSPORTATION FROM NINE SCHOOLS FOR THE CONVENIENCE OF PARENTS WHO USE THE SERVICE. SUMMER CAMPS AND FULL DAY CHILD CARE PROGRAMMING ARE MADE AVAILABLE DURING SCHOOL BREAKS AND HOLIDAYS TO MEET THE NEEDS OF WORKING PARENTS WHOSE CHILDREN REQUIRE FULL DAY PROGRAMMING. THIS ADDITIONAL SERVICE PROVIDES A FUN, SUPERVISED PROGRAM FOR ELEMENTARY AGE CHILDREN. ONE OF THE MANY HIGHLIGHTS DURING THE 2022 YEAR WAS THE REMODELING OF THE CEDAR STREET CENTER, THE RESULT OF THE BOARDS FIRST CAPITAL CAMPAIGN (EARLY 1990S) AND CENTER BUILT FROM THE GROUND UP. IT OPENED IN AUGUST 1993. FUNDING FOR THE REMODEL WAS PROVIDED FROM THE EARNINGS OF AN ESTABLISHED ENDOWMENT FUND FOR THE DAY NURSERY OF ABILENE IN THE EARLY 2000S.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Pearson Presidentceo | Officer | 55 | $117,451 |
Andrea Smith Director | Trustee | 1 | $0 |
Paula Clowdus Director | Trustee | 1 | $0 |
Tyser Robertson Director | Trustee | 1 | $0 |
Jonathan Jeter Director | Trustee | 1 | $0 |
Dee Dolton Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $162,779 |
Membership dues | $0 |
Fundraising events | $36,000 |
Related organizations | $0 |
Government grants | $467,516 |
All other contributions, gifts, grants, and similar amounts not included above | $2,736,818 |
Noncash contributions included in lines 1a–1f | $15,247 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,403,113 |
Total Program Service Revenue | $4,424,422 |
Investment income | $39,672 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $13,141 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,921,982 |
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. | $117,451 |
Compensation of current officers, directors, key employees. | $41,108 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,884,271 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $298,474 |
Payroll taxes | $226,487 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,953 |
Fees for services: Other | $16,117 |
Advertising and promotion | $4,622 |
Office expenses | $17,488 |
Information technology | $48,666 |
Royalties | $0 |
Occupancy | $426,409 |
Travel | $25,642 |
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 | $269,332 |
Insurance | $72,387 |
All other expenses | $53,775 |
Total functional expenses | $5,071,201 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,849 |
Savings and temporary cash investments | $2,251,421 |
Pledges and grants receivable | $534,141 |
Accounts receivable, net | $234,222 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $15,515 |
Prepaid expenses and deferred charges | $72,436 |
Net Land, buildings, and equipment | $4,867,715 |
Investments—publicly traded securities | $2,402,202 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $912,821 |
Total assets | $11,300,322 |
Accounts payable and accrued expenses | $321,746 |
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 | $321,746 |
Net assets without donor restrictions | $10,272,804 |
Net assets with donor restrictions | $705,772 |
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 | $11,300,322 |