Open Arms Child Development Center
- Assets
- $1.4m
- Revenue
- $2.6m
- Investments
- $25.5k
- Employees
- 89
- Location
- Fairbanks, AK
- Founding
- 02/2005
- Data as of
- 06/2021
- EIN
- 92-0169557
Organization Overview
Open Arms Child Development Center is located in Fairbanks, AK. The organization was established in 2005. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Open Arms Child Development Center employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Arms 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 06/2021, Open Arms Child Development Center generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. While expenses have increased by 0.0% 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
TO PROVIDE EARLY CHILDHOOD CARE AND DEVELOPMENTALLY APPROPRIATE EDUCATION FOR CHILDREN AGES 6 WEEKS TO 12 YEARS OF AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPEN ARMS ACCREDITED PROGRAM OF CHILDCARE AND EARLY CHILDHOOD EDUCATION INCLUDES TEACHING, STORYTELLING, SHARING, MUSIC, PLAYING AND CHAPEL, IN A NURTURING ENVIRONMENT. OPEN ARMS OFFERS YEAR-ROUND CARE FOR INFANTS SIX WEEKS OLD THROUGH FIVE YEARS OLD, AN AFTER SCHOOL PROGRAM, AND A FULL DAY SUMMER PROGRAM FOR UP TO SIXTH GRADE. OPEN ARMS PROVIDES CARE FOR OVER 200 CHILDREN, DAILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Maria Vilchez Executive Director | Officer | 55 | $80,794 |
Debbie Gross Treasurer | OfficerTrustee | 2 | $0 |
Sherry Young President | OfficerTrustee | 2 | $0 |
Cindy Helms Vice President | OfficerTrustee | 1 | $0 |
Rachel Galbraith Former Vice President | OfficerTrustee | 2 | $0 |
Tammi Weaver Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $466,371 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,616 |
| Total Program Service Revenue | $2,112,659 |
| 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 | $2,610,078 |
| 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. | $87,986 |
| Compensation of current officers, directors, key employees. | $43,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,291,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $195,521 |
| Payroll taxes | $92,067 |
| 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 | $11,760 |
| Advertising and promotion | $1,194 |
| Office expenses | $11,184 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193,581 |
| 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 | $43,347 |
| Insurance | $11,917 |
| All other expenses | $5,558 |
| Total functional expenses | $2,215,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,111,738 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $82,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,516 |
| Prepaid expenses and deferred charges | $22,101 |
| Net Land, buildings, and equipment | $135,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $25,450 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,390,246 |
| Accounts payable and accrued expenses | $105,632 |
| Grants payable | $0 |
| Deferred revenue | $20,777 |
| 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 | $126,409 |
| Net assets without donor restrictions | $1,238,387 |
| Net assets with donor restrictions | $25,450 |
| 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 | $1,390,246 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Arms Child Development Center has recieved totaling $23,400.
| Awarding Organization | Amount |
|---|---|
Rasmuson Foundation Anchorage, AK PURPOSE: PURCHASE CLASSROOM SUPPLIES, STORAGE AND FURNITURE FOR PRE-SCHOOL IN FAIRBANKS | $23,400 |
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 |
Sound Child Care Solutions Seattle, WA | $4,171,227 | $8,436,558 |
Ccs Early Learning Wasilla, AK | $2,890,390 | $8,197,288 |
Lighthouse Christian School Gig Harbor, WA | $9,441,366 | $5,288,130 |
Pacific Crest Montessori School Seattle, WA | $10,385,240 | $4,777,587 |
Childrens Developmental Center Richland, WA | $5,556,028 | $4,343,956 |
Bright Water Waldorf Society Seattle, WA | $1,311,357 | $3,386,436 |