COMMITTEE FOR EARLY CHILDHOOD DEVELOPMENT DAY CARE CENTER INC (EIN 112343437) - Form 990 Financial Analysis & Trantor Score

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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

1975

Legal Domicile

Principal Officer

MOJISOLA BAFUNSO

Phone

7184642122

Tax Period

2024-04-01 to 2025-03-31

COMMITTEE FOR EARLY CHILDHOOD DEVELOPMENT DAY CARE CENTER INC, founded in 1975, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2024.

Mission

TO PROVIDE COMPREHENSIVE CHILDHOOD DEVELOPMENT FOR DISADVANTAGED PRE-SCHOOL CHILDREN IN QUEENS, NEW YORK

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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 $8,468,022

Program Service Revenue $0

Investment Income $0

Other Revenue $16,979

TOTAL REVENUE $8,485,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,256,114

Fundraising Expenses $0

Program Expenses $7,408,941

Other Expenses $2,237,473

TOTAL EXPENSES $8,493,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,485,001	$8,283,909	+0.0%
Expenses	$8,493,587	$8,605,709	0.0%
Net Income	$-8,586	$-321,800	-1.0%

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

$169,567

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mojisola Bafunso	Executive Director	035.00	Key Emp Highest	$169,567	$0	$169,567
Shaneeza Edoo	Board Chair	005.00	Officer Director	$0	$0	$0
Oladeji Bolaji Esq	Vice Chair	005.00	Officer Director	$0	$0	$0
Lela Holder	Secretary	002.00	Officer Director	$0	$0	$0
Keisha Richardson	Board Member	001.00	Director	$0	$0	$0
Andre S Haynes Esq	Board Member	001.00	Director	$0	$0	$0
Beverly Holder	Board Member	001.00	Director	$0	$0	$0
Verlicia Miller	Board Member	001.00	Director	$0	$0	$0
Solomon Okusanya	Board Member	001.00	Director	$0	$0	$0
Victoria Omotade	Board Member	001.00	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	$8,485,001	$8,493,587	$14,819,249	$-8,586
2024	$8,283,909	$8,605,709	$15,100,148	$-321,800
2023	$7,669,206	$7,768,905	$3,901,740	$-99,699
2022	$6,680,321	$6,635,441	$3,209,683	$44,880
2021	$5,728,258	$5,718,031	$2,779,144	$10,227
2019	$6,365,873	$6,365,873	$768,525	No data
2018	$5,974,510	$5,935,111	$2,545,889	$39,399

COMMITTEE FOR EARLY CHILDHOOD DEVELOPMENT DAY CARE CENTER INC