Cottesmore Childcare Centers
- Assets
- $248.5k
- Revenue
- $766.2k
- Investments
- $0.0
- Employees
- 26
- Location
- Gig Harbor, WA
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 91-1596898
Organization Overview
Cottesmore Childcare Centers is located in Gig Harbor, WA. The organization was established in 1994. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Cottesmore Childcare Centers employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottesmore Childcare Centers 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, Cottesmore Childcare Centers generated $766.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $710.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. 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 QUALITY EARLY CHILDHOOD PROGRAMS MEETING THE NEEDS OF FAMILIES IN THE GREATER TACOMA AND GIG HARBOR PENINSULA AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CHILDCARE FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarisa Fellenz Director | Trustee | 1 | $50,152 |
Tiffany Thomsen Director | Trustee | 1 | $35,664 |
Carolyn Farmer Vice President/treasurer | OfficerTrustee | 1 | $6,000 |
Richard Scheig Secretary | OfficerTrustee | 1 | $0 |
Jeane Derebey President | OfficerTrustee | 1 | $0 |
Kathy Dance Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $191,146 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,858 |
| Total Program Service Revenue | $569,179 |
| Investment income | $6 |
| 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 | $766,227 |
| 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 | $443,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $41,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $55 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,347 |
| Travel | $1,509 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,170 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,246 |
| Insurance | $7,530 |
| All other expenses | $8,961 |
| Total functional expenses | $710,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,830 |
| Savings and temporary cash investments | $0 |
| 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 | $27,377 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $50,000 |
| Other assets | $6,327 |
| Total assets | $248,534 |
| Accounts payable and accrued expenses | $9,533 |
| 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 | $25,646 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,179 |
| 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 | $213,355 |
| Total liabilities and net assets/fund balances | $248,534 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cottesmore Childcare Centers has recieved totaling $37.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Day 1 Academies Mercer Island, WA | $35,976,300 | $29,810,665 |
Villa Academy Seattle, WA | $24,276,388 | $13,840,238 |
Epiphany School Seattle, WA | $36,455,927 | $10,306,014 |
Waldorf School Association Of Seattle Seattle, WA | $16,310,724 | $9,141,587 |
Westside School Seattle, WA | $16,952,387 | $9,211,084 |
Woodinville Montessori School Bothell, WA | $15,931,467 | $9,107,096 |
Portland Jewish Academy Portland, OR | $8,709,251 | $10,309,622 |
Sound Child Care Solutions Seattle, WA | $4,171,227 | $8,436,558 |
Ccs Early Learning Wasilla, AK | $2,890,390 | $8,197,288 |
Friends Of Children And Families Inc Boise, ID | $3,302,852 | $6,133,054 |
Christian School Society Of Portland Portland, OR | $7,285,846 | $6,199,837 |
Lighthouse Christian School Gig Harbor, WA | $9,441,366 | $5,288,130 |