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 12/2022, Valley Child Development Center Inc employed 37 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 12/2022, Valley Child Development Center Inc generated $748.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $746.7k during the year ending 12/2022. While expenses have increased by 41.1% 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
2022
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sally Hansen President | OfficerTrustee | 10 | $0 |
Ashley Armstrong VP & Director | OfficerTrustee | 10 | $0 |
Rachel Olsen Secretary & Director | OfficerTrustee | 5 | $0 |
Sarah James Treasurer & Director | OfficerTrustee | 5 | $0 |
Ashley Olson Director | Trustee | 2 | $0 |
Kerra Robinson Director | Trustee | 2 | $0 |
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 | $503,123 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $503,123 |
Total Program Service Revenue | $244,839 |
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 | $748,048 |
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. | $72,191 |
Compensation of current officers, directors, key employees. | $72,191 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $340,080 |
Pension plan accruals and contributions | $8,646 |
Other employee benefits | $57,950 |
Payroll taxes | $33,159 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,800 |
Fees for services: Accounting | $1,277 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,668 |
Advertising and promotion | $1,750 |
Office expenses | $64,092 |
Information technology | $4,888 |
Royalties | $0 |
Occupancy | $25,142 |
Travel | $1,699 |
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 | $57,072 |
Insurance | $16,242 |
All other expenses | -$7 |
Total functional expenses | $746,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $162,732 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $83,905 |
Accounts receivable, net | $5,394 |
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 | $1,127 |
Net Land, buildings, and equipment | $1,715,228 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,968,386 |
Accounts payable and accrued expenses | $2,324 |
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 | $8,343 |
Total liabilities | $10,667 |
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 | $1,957,719 |
Total liabilities and net assets/fund balances | $1,968,386 |