RED HAT DAY CARE CENTER INC

EIN: 112581300 501(c)(3)

BROOKLYN, NY

Total Revenue
$1,537,292
Total Expenses
$1,392,775
Total Assets
$509,568
Net Assets
$229,519
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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
1981
Legal Domicile
NY
Principal Officer
FLORA SABEL
Phone
7183361480
Tax Period
2023-09-01 to 2024-08-31

RED HAT DAY CARE CENTER INC, founded in 1981, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 9% surplus.

Mission

PROVIDING DAY CARE FOR YOUNG CHILDREN.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,473,627
Program Service Revenue $63,665
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,537,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $999,711
Fundraising Expenses $0
Program Expenses $1,392,775
Other Expenses $393,064
TOTAL EXPENSES $1,392,775

Year-over-Year Comparison

2023 2022 Change
Revenue $1,537,292 $1,176,987 +0.3%
Expenses $1,392,775 $1,405,287 0.0%
Net Income $144,517 $-228,300 -1.6%
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

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Governance

Voting Members
1
Independent Members
1
Employees
19
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
1
$173,203
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FLORA SABEL EXECUTIVE DI 40.00
Officer
$173,203 $0 $173,203
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 $1,537,292 $1,392,775 $509,568 $144,517
2023 $1,176,987 $1,405,287 $338,173 $-228,300
2022 $1,631,003 $1,169,792 $566,171 $461,211
2021 $733,292 $826,700 $124,043 $-93,408
2020 $616,292 $713,780 $236,827 $-97,488
2019 $727,668 $734,659 $68,695 $-6,991
2018 $704,580 $713,381 $72,066 $-8,801
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