GLEN COVE DAY CARE BUILDING FUND CORP

EIN: 112959103 501(c)(3) Education

GLEN COVE, NY

Total Revenue
$30,000
Total Expenses
$48,310
Total Assets
$529,363
Net Assets
$285,985
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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
1988
Legal Domicile
NY
Phone
5166712880
Tax Period
2022-08-01 to 2023-07-31

GLEN COVE DAY CARE BUILDING FUND CORP, founded in 1988, is a micro nonprofit in the Education sector that reported $30K in total revenue in fiscal year 2022. Expenses of $48K exceeded revenue, resulting in a 61% operating deficit.

Mission

DAY CARE BUILDING FUND

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $30,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $30,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,310
Other Expenses $48,310
TOTAL EXPENSES $48,310

Year-over-Year Comparison

2022 2021 Change
Revenue $30,000 $30,000 N/A
Expenses $48,310 $29,952 +0.6%
Net Income $-18,310 $48 -382.5%
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
8
Independent Members
8
Employees
N/A
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
5
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERYL GOODINE CHAIR 4.00
Officer Director
$0 $0 $0
RODERICK WATSON VICE CHAIR 4.00
Officer Director
$0 $0 $0
LORI LASALLE ESQ Secretary 4.00
Officer Director
$0 $0 $0
MEGHAN LEVINE ESQ Treasurer 4.00
Officer Director
$0 $0 $0
STEVE GONZALES ASST SECRETARY 4.00
Officer Director
$0 $0 $0
PHILIP PIDOT BOARD MEMBER 4.00
Director
$0 $0 $0
CARLOS FERNANDEZ BOARD MEMBER 4.00
Director
$0 $0 $0
JACKI BRUCE BOARD MEMBER 4.00
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
2023 $30,000 $48,310 $529,363 $-18,310
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