Valley Child Development Center Inc
- Assets
- $2.0m
- Revenue
- $685.9k
- Investments
- $0.0
- Employees
- 25
- Location
- Red Cloud, NE
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 81-1174755
Organization Overview
Valley Child Development Center Inc is located in Red Cloud, NE. The organization was established in 2016. 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, Valley Child Development Center Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Child Development Center 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 12/2021, Valley Child Development Center Inc generated $685.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.1% each year . All expenses for the organization totaled $666.3k during the year ending 12/2021. While expenses have increased by 46.6% per year over the past 6 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
THE PROVISION OF EDUCATION AND CARE OF CHILDREN IN A CHILD-CARE FACILITY SERVING RED CLOUD, NEBRASKA AND THE GREATER WEBSTER COUNTY, NEBRASKA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF JANUARY 2018, THE CHILD-CARE FACILITY IS PROVIDING EDUCATION AND CHILD CARE SERVICES TO THE GENERAL PUBLIC IN RED CLOUD, NEBRASKA AND THE GREATER WEBSTER COUNTY, NEBRASKA COMMUNITY. THE CHILD-CARE FACILITY IS EXPECTED TO SERVE THE NEEDS OF 30 CHILDREN FULL TIME/DAY, WITH THE GOAL OF INCREASING ATTENDANCE TO 40-50 CHILDREN FULL TIME/DAY WITHIN THE FIRST FEW YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah James Treasurer & Director | OfficerTrustee | 5 | $0 |
Ashley Armstrong VP & Director | OfficerTrustee | 10 | $0 |
Rachel Olsen Secretary & Director | OfficerTrustee | 5 | $0 |
Sally Hansen President | OfficerTrustee | 10 | $0 |
Marissa Petsch Director | Trustee | 2 | $0 |
Ashley Olson Director | Trustee | 2 | $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 | $300,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,858 |
| Total Program Service Revenue | $294,329 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $685,859 |
| 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. | $62,525 |
| Compensation of current officers, directors, key employees. | $62,525 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $307,891 |
| Pension plan accruals and contributions | $7,865 |
| Other employee benefits | $59,833 |
| Payroll taxes | $29,139 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,723 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,246 |
| Advertising and promotion | $6,746 |
| Office expenses | $34,205 |
| Information technology | $5,807 |
| Royalties | $0 |
| Occupancy | $15,652 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,358 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,711 |
| Insurance | $14,280 |
| All other expenses | $206 |
| Total functional expenses | $666,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,186 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $34,531 |
| Accounts receivable, net | $25,085 |
| 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 | $53 |
| Net Land, buildings, and equipment | $1,709,673 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6 |
| Total assets | $1,966,534 |
| Accounts payable and accrued expenses | $918 |
| 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 | $9,234 |
| Total liabilities | $10,152 |
| Net assets without donor restrictions | $0 |
| 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 | $1,956,382 |
| Total liabilities and net assets/fund balances | $1,966,534 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Valley Child Development Center Inc has recieved totaling $218,775.
| Awarding Organization | Amount |
|---|---|
Nebraska Children And Families Foundation Lincoln, NE PURPOSE: OPERATING EXPENSES | $77,127 |
Sherwood Foundation Omaha, NE PURPOSE: 2021 OPERATING GRANT | $75,000 |
Sherwood Foundation Omaha, NE PURPOSE: CHILD DEVELOPMENT CENTER | $50,000 |
Nebraska Community Foundation Lincoln, NE PURPOSE: GENERAL SUPPORT | $15,000 |
Inavale Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $1,000 |
Land O L Foundation St Paul, MN PURPOSE: INDEPENDENT RETAILER MATCH | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Children And Families Of Iowa Des Moines, IA | $18,712,609 | $16,514,094 |
Operation Breakthrough Inc Kansas City, MO | $30,816,270 | $15,851,429 |
Mile High Montessori Early Learning Centers Denver, CO | $17,533,057 | $15,372,863 |
Child Start Inc Wichita, KS | $9,937,942 | $12,651,016 |
Rainbows United Inc Wichita, KS | $9,766,961 | $11,658,952 |
Guadalupe Center Inc Kansas City, MO | $11,857,971 | $9,741,504 |
Millard Public Schools Foundation Inc Omaha, NE | $17,123,323 | $8,258,892 |
New Horizons Ministries Inc Canon City, CO | $10,572,666 | $7,833,240 |
Urban Sprouts University City, MO | $386,056 | $8,466,717 |
Child Day Care Association Of Saint Louis St Louis, MO | $1,371,542 | $6,637,461 |
Montessori Academy Of Colorado Denver, CO | $8,428,837 | $6,258,258 |
Child Development Center Of Natrona County Casper, WY | $9,028,094 | $5,917,154 |