WORCESTER COMPREHENSIVE EDUCATION … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

JAIME SOTO

Phone

5088523792

Tax Period

2024-07-01 to 2025-06-30

WORCESTER COMPREHENSIVE EDUCATION & CARE, founded in 1971, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $8.3M left a modest 13% surplus.

Mission

CHILD CARE SERVICES

Program Service Accomplishments

Program 1

Expenses: $7,290,464 Revenue: $9,275,560

THE COMPANY PROVIDES DAY CARE SERVICES TO VARIOUS FAMILIES IN TRANSITION. THE FEES COLLECTED ARE BASED ON THE INCOME OF PARENTS. MEALS AND TRANSPORTATION ARE ALSO PROVIDED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $275,531

Program Service Revenue $9,000,029

Investment Income $211,456

Other Revenue $0

TOTAL REVENUE $9,487,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,969,927

Fundraising Expenses $0

Program Expenses $7,290,464

Other Expenses $5,288,743

TOTAL EXPENSES $8,258,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,487,016	$8,273,654	+0.1%
Expenses	$8,258,670	$7,219,256	+0.1%
Net Income	$1,228,346	$1,054,398	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$349,494

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAIME SOTO	EXECUTIVE DI	N/A	Key Emp	$349,494	$0	$349,494
DANA GORDON ESQ	MEMBER	N/A	Director	$0	$0	$0
GERALDO RIVERA	MEMBER	N/A	Director	$0	$0	$0
JOHN RODRIGUEZ	TREASURER	N/A	Officer Director	$0	$0	$0
ANGEL ROSARIO	BOARD CHAIR	N/A	Officer Director	$0	$0	$0
JOYCE SHAND	MEMBER	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$9,487,016	$8,258,670	$7,771,061	$1,228,346
2024	$8,273,654	$7,219,256	$6,713,005	$1,054,398
2023	$6,432,794	$5,172,471	$5,266,543	$1,260,323
2022	$5,581,378	$4,663,257	$3,865,598	$918,121
2021	$5,630,439	$4,774,628	$2,880,082	$855,811
2020	$4,489,308	$4,106,934	$2,230,995	$382,374
2019	$4,007,998	$3,809,077	$1,757,018	$198,921

WORCESTER COMPREHENSIVE EDUCATION & CARE