Quick Start Day Care Center Inc

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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

TRACEY MADDEN

Phone

7189780800

Tax Period

2023-07-01 to 2024-06-30

Quick Start Day Care Center Inc, founded in 1971, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

The Center is formed to pursue the philosophy that each child and his/her family deserve every opportunity to develop to the height of their potential, physically mentally, emotionally and intellectually. The Center is providing head start child care services to the community.

Program Service Accomplishments

Program 1

Expenses: $1,335,682

CHILD CARE DISCRETIONERY PROGRAM

Program 2

Expenses: $56,181

NYS/DOH CHILD AND ADULT CARE FOOD PROGRAM

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,531,889

Program Service Revenue $13,531

Investment Income $0

Other Revenue $502

TOTAL REVENUE $1,545,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,174,758

Fundraising Expenses $0

Program Expenses $1,391,863

Other Expenses $364,934

TOTAL EXPENSES $1,539,692

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,545,922	$1,377,233	+0.1%
Expenses	$1,539,692	$1,475,465	+0.0%
Net Income	$6,230	$-98,232	-1.1%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY MADDEN	CHAIRPERSON	005.00	Director	$0	$0	$0
JACQULINE CLEVELAND	CO-CHAIRPERSON	005.00	Director	$0	$0	$0
SARAH RICKENBACKER	RECORDING SECRETARY	005.00	Director	$0	$0	$0
BETTY MIKE	TREASURER	005.00	Director	$0	$0	$0
ANGELIQUE OWENS	CORRESPONDING SECRETARY	005.00	Director	$0	$0	$0
VICTORINE WATSON	MEMBER	005.00	Director	$0	$0	$0
ANNIE BIATHWAITE	MEMBER	005.00	Director	$0	$0	$0
ADRIENNE BOND	DIRECTOR	040.00	Officer	$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	No data	No data	No data	No data
2024	$1,545,922	$1,539,692	$206,170	$6,230
2023	$1,377,233	$1,475,465	$179,360	$-98,232
2022	$2,173,531	$2,197,527	$304,160	$-23,996
2021	$1,677,263	$1,878,362	$265,450	$-201,099
2020	$1,906,432	$1,889,134	$452,888	$17,298
2019	$1,702,050	$1,743,473	$383,359	$-41,423
2018	$1,714,531	$1,685,240	$195,431	$29,291