Beginnings Child Care Center is located in Seattle, WA. The organization was established in 1981. 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, Beginnings Child Care Center employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beginnings Child Care 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, Beginnings Child Care Center generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 1.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY CHILDCARE AT A REASONABLE COST TO THE GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDCARE & PRESCHOOL ACTIVITIES FOR APPROXIMATELY 80 CHILDREN AT TWO LOCATIONS. FUNDS ARE SET ASIDE TO SUBSIDIZE LOW INCOME CHILDREN'S TUITION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Molly Howard Co-Executive Director | Trustee | 40 | $72,066 |
Summer Bermejo Co-Executive Director | Trustee | 40 | $71,273 |
Zach Stednick President | Trustee | 1 | $0 |
Melissa Lockhart Fornter Treasurer | Trustee | 1 | $0 |
Derek Leung Secretary | Trustee | 1 | $0 |
Joel Creswell Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $35,249 |
Related organizations | $0 |
Government grants | $250,000 |
All other contributions, gifts, grants, and similar amounts not included above | $165,875 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $451,124 |
Total Program Service Revenue | $1,793,052 |
Investment income | $51 |
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 | $2,244,227 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $23,679 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $143,339 |
Compensation of current officers, directors, key employees. | $71,670 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $834,954 |
Pension plan accruals and contributions | $12,052 |
Other employee benefits | $112,975 |
Payroll taxes | $85,594 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,729 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $635 |
Advertising and promotion | $1,052 |
Office expenses | $9,043 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $45,157 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $42,062 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $25,055 |
Insurance | $13,684 |
All other expenses | $56,684 |
Total functional expenses | $1,694,228 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,152 |
Savings and temporary cash investments | $458,965 |
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 | $1,042 |
Net Land, buildings, and equipment | $1,331,364 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $6,136 |
Other assets | $72,141 |
Total assets | $1,996,800 |
Accounts payable and accrued expenses | $384 |
Grants payable | $0 |
Deferred revenue | $37,639 |
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 | $609,760 |
Unsecured mortgages and notes payable | $275,794 |
Other liabilities | $227,209 |
Total liabilities | $1,150,786 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $846,014 |
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 | $1,996,800 |
Over the last fiscal year, we have identified 3 grants that Beginnings Child Care Center has recieved totaling $36,720.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,360 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,360 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Childhaven Seattle, WA | $21,864,369 | $9,891,653 |
Family Building Blocks Inc Salem, OR | $9,117,654 | $9,737,394 |
Multicultural Child And Family Hope Center Tacoma, WA | $3,258,251 | $8,753,124 |
Child Care Connection Inc Anchorage, AK | $2,332,264 | $6,946,720 |
Salem Child Development Center Salem, OR | $5,415,512 | $8,735,222 |
Childpeace Montessori Community Portland, OR | $11,113,830 | $6,068,590 |
Vision House Renton, WA | $12,579,487 | $5,764,794 |
Child Care Development Services Inc Gresham, OR | $483,302 | $4,906,276 |
Joyful Noise Child Development Centers Inc Portland, OR | $1,018,476 | $5,314,427 |
Play N Learn Center Inc Fairbanks, AK | $2,414,759 | $4,277,225 |
The Child Care Action Council Of Thurston County Olympia, WA | $2,675,303 | $4,290,697 |
Concerned Citizens Forks, WA | $2,768,031 | $4,199,436 |