Martha B Gudelsky Child Development Center Inc
- Assets
- $14.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-0840521
Organization Overview
Martha B Gudelsky Child Development Center Inc, operating under the name Martha Gudelsky Child Development Center, is located in Silver Spring, MD. The organization was established in 2017. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martha Gudelsky Child Development 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, Martha Gudelsky Child Development Center generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE, OPERATE, MANAGE, AND MAINTAIN ONE OR MORE CHILD CARE FACILITIES AND/OR INTER-GENERATIONAL ENRICHMENT FACILITIES, WHICH OFFER QUALITY CHILD DEVELOPMENT AND ENRICHMENT PROGRAMS, INTER-GENERATIONAL ENRICHMENT PROGRAMS, AND/OR OTHER FAMILY ENRICHMENT PROGRAMS, PRIMARILY SERVING CHILDREN AND FAMILIES OF LOW AND MODERATE SOCIO-ECONOMIC MEANS, AND IN ORDER TO ACCOMPLISH THIS ROLE PURPOSE OF THE CORPORATION, IT ENGAGES WITH, AND PROVIDES THE FINANCIAL SUPPORT TO, CENTRONIA, A SECTION 501(C) (3) AND 509 A (2) PUBLIC CHARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FULL DAY PROGRAM FOR CHILDREN FROM BIRTH TO AGE 5 PROVIDING FOUNDATION FOR SCHOOL READINESS BY DEVELOPING WHOLE CHILD IN DUAL-LANGUAGE ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myrna Peralta Director, Exec VP | OfficerTrustee | 0 | $0 |
Rita G Regino President | OfficerTrustee | 25 | $0 |
Herlene Nagler Secretary | OfficerTrustee | 10 | $0 |
Rick David Treasurer | OfficerTrustee | 15 | $0 |
Rolfe Gudelsky Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,125,000 |
| Total Program Service Revenue | $0 |
| Investment income | $1,549 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,126,674 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,378,697 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,378,697 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $14,378,697 |
| 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 | $14,378,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Martha B Gudelsky Child Development Center Inc has recieved totaling $2,105,000.
| Awarding Organization | Amount |
|---|---|
Homer And Martha Gudelsky Family Foundation Inc Silver Spring, MD PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $2,105,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Learn & Play Fort Washington, PA | $20,169,763 | $14,001,464 |
Federation Day Care Services Philadelphia, PA | $6,192,299 | $8,469,963 |
Kids After Hours Child Care Centers Rockville, MD | $714,700 | $7,688,874 |
Bright Beginnings Inc Washington, DC | $12,885,067 | $9,346,448 |
Wonderspring Narberth, PA | $4,413,061 | $8,430,879 |
Seton Hill Child Services Inc Greensburg, PA | $1,269,411 | $6,556,594 |
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 |
Northern Tier Community Action Corp Emporium, PA | $3,740,342 | $5,777,452 |
St Albans Early Childhood Center Inc Washington, DC | $2,128,910 | $5,915,178 |
Lifespan Day Care Quakertown, PA | $8,401,495 | $5,416,474 |
Higher Horizons Day Care Center Inc Falls Church, VA | $702,778 | $4,937,803 |