MT VERNON DAY CARE CENTER INC (EIN 131740005) - 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

1948

Legal Domicile

Principal Officer

LINDA IGLEHART

Tax Period

2023-01-01 to 2023-12-31

MT VERNON DAY CARE CENTER INC, founded in 1948, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE DAY CARE FOR CHILDREN IN AN ECONOMIC DEPRESSEDAREA.

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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 $0

Program Service Revenue $878,371

Investment Income $0

Other Revenue $141,110

TOTAL REVENUE $1,019,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $820,085

Fundraising Expenses $0

Program Expenses $1,106,652

Other Expenses $286,567

TOTAL EXPENSES $1,106,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,019,481	$895,856	+0.1%
Expenses	$1,106,652	$1,007,712	+0.1%
Net Income	$-87,171	$-111,856	-0.2%

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

$68,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA IGLEHART	EXE DIRECTOR	50.00	Officer Highest	$68,600	$0	$68,600
VIVIEN SALMON	TRUSTEE	0.00	Director	$0	$0	$0
JOY JARVIS	TRUSTEE	0.00	Director	$0	$0	$0
DONNA JACKSON	TRUSTEE	0.00	Director	$0	$0	$0
TAMMI BROWNHOOD	TRUSTEE	0.00	Director	$0	$0	$0
DOROTHY TIMMONS	TRUSTEE	0.00	Director	$0	$0	$0
MARLENE FURTICK	TRUSTEE	0.00	Director	$0	$0	$0
RAQUEL BENNETT	TRUSTEE	1.00	Director	$0	$0	$0
LEANDRE BATES	TRUSTEE	0.00	Director	$0	$0	$0
SHEILA KIRK-BAPTISTA	TRUSTEE	0.00	Director	$0	$0	$0
MARY G HARRIS	TRUSTEE	1.00	Officer 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	$1,019,481	$1,106,652	$555,222	$-87,171
2022	$895,856	$1,007,712	$548,983	$-111,856
2021	$869,673	$916,180	$665,333	$-46,507
2020	$665,902	$534,304	$695,863	$131,598
2019	$968,902	$1,005,260	$578,003	$-36,358
2018	$919,862	$877,716	$653,326	$42,146

MT VERNON DAY CARE CENTER INC