CARTER CENTER FOR CHILDREN INC (EIN 042987831) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

MARGARET MCDONALD

Phone

7814494771

Tax Period

2023-01-01 to 2023-12-31

CARTER CENTER FOR CHILDREN INC, founded in 1989, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $1.6M left a modest 6% surplus.

Mission

THE ORGANIZATION IS A NONPROFIT FULL DAY PRESCHOOL AND CHILDCARE PROGRAM SERVING CHILDREN 2.5 - 6 YEARS OLD AND THEIR FAMILIES. THE PROFESSIONAL STAFF PROVIDE CHILDREN WITH A NURTURING AND CREATIVE ENVIRONMENT WHERE THEY CAN PLAY, LEARN, AND GROW.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $226,750

Program Service Revenue $1,416,512

Investment Income $16,647

Other Revenue $0

TOTAL REVENUE $1,659,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,319,311

Fundraising Expenses $0

Program Expenses $1,499,572

Other Expenses $238,039

TOTAL EXPENSES $1,557,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,659,909	$1,848,809	-0.1%
Expenses	$1,557,350	$1,504,599	+0.0%
Net Income	$102,559	$344,210	-0.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$160,880

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARET MC DONALD	PRESIDENT	18.00	Officer	$54,177	$0	$54,177
RICHARD CARR	TREASURER	1.00	Officer	$0	$0	$0
LAUREN ALVES	DIRECTOR	40.00	Officer	$106,703	$0	$106,703

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
2024	No data	No data	No data	No data
2023	$1,659,909	$1,557,350	$1,283,568	$102,559
2022	$1,848,809	$1,504,599	$946,010	$344,210
2021	$1,622,491	$1,279,049	$853,111	$343,442
2020	$778,123	$1,090,548	$450,067	$-312,425
2019	$1,215,175	$1,231,453	$538,466	$-16,278
2018	$1,159,810	$1,131,834	$522,732	$27,976

CARTER CENTER FOR CHILDREN INC