CHILDREN'S DYSLEXIA CENTERS INC

EIN: 043169620 501(c)(3) Philanthropy & Grantmaking

LEXINGTON, MA

Total Revenue
$2,004,854
Total Expenses
$7,022,436
Total Assets
$62,178,219
Net Assets
$62,070,384
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MA
Principal Officer
WALTER F WHEELER
Phone
7818628518
Tax Period
2022-09-01 to 2023-08-31

CHILDREN'S DYSLEXIA CENTERS INC, founded in 1992, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2022. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $7.0M exceeded revenue, resulting in a 250% operating deficit.

Mission

TREATMENT OF LEARNING DISABILITIES IN CHILDREN

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,619,247
Program Service Revenue $315,813
Investment Income $-2,930,206
Other Revenue $0
TOTAL REVENUE $2,004,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,251,489
Fundraising Expenses $155,774
Program Expenses $6,292,710
Other Expenses $1,770,947
TOTAL EXPENSES $7,022,436

Year-over-Year Comparison

2022 2021 Change
Revenue $2,004,854 $7,428,706 -0.7%
Expenses $7,022,436 $6,495,095 +0.1%
Net Income $-5,017,582 $933,611 -6.4%
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

Sign In

Governance

Voting Members
64
Independent Members
2
Employees
477
Volunteers
181

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
4
$347,064
Total Directors
64
$1,742,083
Key Employees
1
$196,718
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ATKINSON HERBERT TRUSTEE/DEPUTY DE/MUSEUM B 1.00
Director
$0 $0 $0
BARNES DAVID TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
BASSO WILLIAM TRUSTEE/VP OF MUSEUM 1.00
Director
$0 $0 $0
BATEMAN ROBERT TRUSTEE/CDC BOARD MEMBER/D 2.00
Director
$0 $0 $0
BREWER ELDRIDGE TRUSTEE 1.00
Director
$0 $0 $0
BRYDEN JEFFREY TRUSTEE/DEPUTY WI/ADMIN CO 1.00
Director
$0 $0 $0
CLARK GREGORY TRUSTEE/TREASURER CDC/DEPU 2.00
Officer Director
$0 $0 $0
CLAY KENNTH A JR TRUSTEE/DEPUTY NH/CDC BOAR 2.00
Director
$0 $0 $0
CRACCO ANTHONY R TRUSTEE 1.00
Director
$0 $0 $0
DEWOLF MICHAEL A TRUSTEE 1.00
Director
$0 $0 $0
DUQUETTE DONALD D TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
EASTERLING JAMES F TRUSTEE 1.00
Director
$0 $0 $0
ELLIOT PHILLIP TRUSTEE/CDC BOARD MEMBER 2.00
Director
$0 $0 $0
ELLIOT RICHARD W TRUSTEE/ADMIN COUNCIL/MUSE 1.00
Director
$0 $32,619 $167,915
GARDNER STEPHEN TRUSTEE 1.00
Director
$0 $0 $0
GLATTLY DAVID A TRUSTEE/FORMER PRESIDENT 1.00
Director
$0 $134,186 $392,471
GRAFF GARY N TRUSTEE/CDC BOARD MEMBER 2.00
Director
$0 $0 $0
HAMILTON GEORGE F TRUSTEE/DEPUTY MA 1.00
Director
$0 $0 $0
HAYRYNEN JACOB E TRUSTEE 1.00
Director
$0 $0 $0
HEATH ALAN R TRUSTEE/CDC BOARD MEMBER/G 1.00
Director
$0 $28,684 $115,495
HECHT KEVIN TRUSTEE/DEPUTY CT/DIRECTOR 2.00
Director
$0 $44,950 $183,490
HELDMAN DONALD TRUSTEE/DEPUTY OH/SECRETAR 2.00
Officer Director
$0 $0 $0
HUMPHREY L ARBY TRUSTEE/ VP OF CDC 2.00
Officer Director
$0 $0 $0
INGLIS SCOTT D TRUSTEE 1.00
Director
$0 $0 $0
JORDAN GREGORY TRUSTEE 1.00
Director
$0 $0 $0
KARSTENS WILLIAM IV TRUSTEE/DEPUTY VT/MUSEUM B 1.00
Director
$0 $0 $0
KAYLOR DOUGLAS N TRUSTEE 1.00
Director
$0 $0 $0
KENNEDY CRAIG A TRUSTEE 1.00
Director
$0 $0 $0
LABAGH THOMAS R TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
MARSHBANKS TIMOTHEY S TRUSTEE 1.00
Director
$0 $0 $0
MCCARTHY STEPHEN J TRUSTEE 1.00
Director
$0 $0 $0
MCINTOSH MICHAEL TRUSTEE 1.00
Director
$0 $0 $0
MCNAUGHTON JOHN BRIAN TRUSTEE 1.00
Director
$0 $47,045 $158,420
MCNAUGHTON JOHN WM TRUSTEE/FORMER PRESIDENT/A 1.00
Director
$0 $3,125 $30,178
MILONE RANDALL TRUSTEE/CDC BOARD MEMBER 2.00
Director
$0 $0 $0
MORAN DANIEL M TRUSTEE 1.00
Director
$0 $0 $0
MORRIS G MICHAEL TRUSTEE/DEPUTY NY/CDC BOAR 2.00
Director
$0 $0 $0
OGG JR ROBERT F TRUSTEE 1.00
Director
$0 $0 $0
PARKINSON KEITH E TRUSTEE 1.00
Director
$0 $0 $0
PATTERSON JOHN R TRUSTEE 1.00
Director
$0 $0 $0
PITTMAN ERIC S TRUSTEE 1.00
Director
$0 $0 $0
PLASKEY LARRY S TRUSTEE 1.00
Director
$0 $0 $0
POLICASTRO DOUGLAS R TRUSTEE/DEPUTY NJ/GRAND SE 1.00
Director
$0 $0 $0
POTHIER DENNIS W TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
POWELL RICHARD J TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
POYTON KENNETH F TRUSTEE 1.00
Director
$0 $0 $0
ROSS JAMES A TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
ROTH MARK C TRUSTEE/GRANS LIETENANT CM 1.00
Director
$0 $0 $0
ROUP PAUL J TRUSTEE/DIRECTOR OF NORTHE 1.00
Director
$0 $18,362 $143,195
SAMIEC PETER J PRESIDENT/SOVEREIGN GRAND 7.50
Officer Director
$0 $102,480 $347,064
SCHREMSER ROBERT C TRUSTEE/CDC BOARD MEMBER 2.00
Director
$0 $0 $0
SHARPE GERALD J TRUSTEE/CDC BOARD MEMBER 2.00
Director
$0 $0 $0
SIMONTON JEFFREY TRUSTEE/DEPUTY ME 1.00
Director
$0 $0 $0
SMITH STEVEN TRUSTEE/DEPUTY RI/SECRETAR 1.00
Director
$0 $0 $0
ST PIERRE PAUL C TRUSTEE/DEPUTY IN 1.00
Director
$0 $0 $0
STEFANAKOS STEPHEN TRUSTEE/MUSEUM BOARD MEMBE 1.00
Director
$0 $0 $0
STEIN HENRY J TRUSTEE 1.00
Director
$0 $0 $0
SWALM RICKY L TRUSTEE/MUSEUM TREASURER 1.00
Director
$0 $0 $0
TUNGATE JAMES L TRUSTEE 1.00
Director
$0 $0 $0
WHEELER WALTER F TRUSTEE/GRAND TREASURER GE 1.00
Director
$0 $34,178 $182,200
WILSON DANIEL TRUSTEE/CDC BOARD MEMBER 2.00
Director
$0 $2,343 $21,655
WORK BRUCE T TRUSTEE 1.00
Director
$0 $0 $0
FARRELL DR MARY DIRECTOR 2.00
Director
$0 $0 $0
AVRIT KAREN DIRECTOR 2.00
Director
$0 $0 $0
SHARKIS DAVID L CDC DIRECTOR 40.00
Key Emp
$163,942 $32,776 $196,718
QUATTROCCHI DANIEL ASSISTANT DIRECTOR OF CDC 40.00
Highest
$124,500 $46,847 $171,347
ILLIG CARIN CLINICAL DIRECTOR 40.00
Highest
$115,483 $10,259 $125,742
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 $2,004,854 $7,022,436 $62,178,219 $-5,017,582
2022 $7,428,706 $6,495,095 $61,066,770 $933,611
2021 $15,265,584 $6,810,646 $70,604,540 $8,454,938
2020 $5,829,130 $7,204,940 $60,544,786 $-1,375,810
2019 $6,741,820 $7,315,160 $59,973,180 $-573,340
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHILDREN'S DYSLEXIA CENTERS INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.