PROVIDENCE REST CHILD DAY CARE CEN… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

SR CLAUDETTE JASZCZKI

Phone

7188233588

Tax Period

2018-07-01 to 2019-06-30

PROVIDENCE REST CHILD DAY CARE CENTER INC, founded in 1991, is a small nonprofit that reported $213K in total revenue in fiscal year 2018. Expenses of $267K exceeded revenue, resulting in a 25% operating deficit.

Mission

PROVIDENCE REST CHILD DAY CARE CENTER IS GOVERNED BY THE SISTERS OF ST. JOHN THE BAPTIST. IN FAITHFULNESS TO THE CHARISM OF THEIR FOUNDER, BLESSED ALPHONSO MARIA FUSCO, PROVIDENCE REST CHILD DAY CARE CENTER IS DEDICATED TO ENSURING THAT THE CHILDREN IT IS SERVING EXPERIENCE AND SHARE LEARNING, GOODNESS AND WONDER IN A LOVING AND SAFE CHRISTIAN ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $235,884 Revenue: $189,517

THE PROVIDENCE REST CHILD DAY CARE CENTER, INC., IS LOCATED ON THE PROPERTY OF THE SISTERS OF ST. JOHN THE BAPTIST, IN A TWO-STORY HOUSE WHICH IS FACING LONG ISLAND SOUND.WE OPERATE FROM EARLY...

THE PROVIDENCE REST CHILD DAY CARE CENTER, INC., IS LOCATED ON THE PROPERTY OF THE SISTERS OF ST. JOHN THE BAPTIST, IN A TWO-STORY HOUSE WHICH IS FACING LONG ISLAND SOUND.WE OPERATE FROM EARLY SEPTEMBER THROUGH MID-JUNE - MONDAY THROUGH FRIDAY FOR 180 DAYS OF THE YEAR. FROM 7:30 A.M. TO 2:30 P.M. WE OPERATE AS A PRE-K FOR ALL EARLY LEARNING FACILITY FUNDED BY THE CITY OF NEW YORK (FREE FOR 18 FOUR-YEAR-OLD CHILDREN). AS A PRE-K FOR ALL WE FOLLOW THE DIRECTIVES SET BY THE DEPARTMENT OF EDUCATION OF THE CITY OF NEW YORK. WE HAVE BEEN APPROVED FOR THREE YEARS AFTER MUCH SCRUTINY AND ACCEPTANCE, THEREFORE PRIDING OURSELVES ON THE FACT THAT WE RECEIVED THIS FUNDING FROM THE CITY OF NEW YORK. THIS FUNDING IS NOT GIVEN TO EVERY EARLY LEARNING CENTER. WE LIKE TO FEEL THAT PARENTS OF YOUNG CHILDREN DO NOT NECESSARILY WANT A SCHOOL SETTING FOR THEIR FOUR-YEAR-OLD CHILDREN, AND LIKE THIS SETTING AS AN ENTRY INTO LEARNING. WE HAVE DONE ABOVE AVERAGE ON ALL DOE EVALUATIONS IN THE PAST TWO YEARS. FROM 2:30 PM. UNTIL 6:00 PM WE ACT AS AN AFTERSCHOOL PROGRAM AND PARENTS PAY FOR THESE SERVICES.IN ADDITION, WE ARE STAFFED BY A DIRECTOR, TEACHER AND SEVERAL STAFF MEMBERS. DURING 2018-2019 WE DID OPERATE A SUMMER PROGRAM FOR THE MONTHS OF JULY AND AUGUST CONSISTING OF A 6-WEEK PROGRAM. THIS SUMMER PROGRAM IS NOT A GIVEN EACH YEAR AND CONDUCTED ONLY IF NEEDED BY THE PARENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $12,835

Program Service Revenue $189,517

Investment Income $45

Other Revenue $10,275

TOTAL REVENUE $212,672

Expense Breakdown

Grants Paid $45,000

Salaries & Benefits $158,015

Fundraising Expenses $0

Program Expenses $235,884

Other Expenses $63,793

TOTAL EXPENSES $266,808

Year-over-Year Comparison

	2018	2017	Change
Revenue	$212,672	$202,643	+0.0%
Expenses	$266,808	$221,276	+0.2%
Net Income	$-54,136	$-18,633	+1.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
SR CLAUDETTE MARIE JASZCZYNSKI	PRESIDENT	4.00	Officer Director	$0	$0	$0
SR THERESA AN D'NOFRIO CSJB	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
SR FREDRICK MARY DEPEW CSJB	TREASURER	1.00	Officer Director	$0	$0	$0
SR MARIA JASMIN GOTAS CSJB	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
SR MARY MARGARET DULSKY CSJB	DIRECTOR, THUR XXX	1.00	Director	$0	$0	$0
SR SELINE MARY FLORES CSJB	DIRECTOR	1.00	Director	$0	$0	$0
SR GLORIA MEOLA CSJB	DIRECTOR, THUR XXX	0.10	Director	$0	$0	$0
MARIE MELITO	DIRECTOR	0.10	Director	$0	$0	$0
SR JOSEFA MARIE CURCIO CSJB	DIRECTOR	0.10	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
2019	$212,672	$266,808	$52,140	$-54,136
2018	$202,643	$221,276	$122,839	$-18,633

PROVIDENCE REST CHILD DAY CARE CENTER INC