SPECIALIZED EARLY CHILDHOOD CENTER… - 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

1983

Legal Domicile

Principal Officer

SHANNON KARCHER

Phone

7168391655

Tax Period

2024-07-01 to 2025-06-30

SPECIALIZED EARLY CHILDHOOD CENTER OF WESTERN NEW YORK INC, founded in 1983, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 26% operating margin.

Mission

BORNHAVA'S MISSION IS: TO NURTURE AND EDUCATE DIFFERENTLY-ABLED CHILDREN THROUGH PLAY, CREATING THE FOUNDATION FOR THEM TO THRIVE. BORNHAVA'S VISION IS: TO PROMOTE INCLUSIVENESS BY EMPOWERING OUR CHILDREN TO REACH THEIR TRUE POTENTIAL AS SELF-ADVOCATES AND VALUABLE CONTRIBUTORS TO THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $2,682,323 Revenue: $3,303,188

PRESCHOOL PROGRAM - AT BORNHAVA, WE DELIVER SERVICES TO PRESCHOOL-AGED CHILDREN IN A VARIETY OF WAYS. OUR CENTER-BASED PROGRAM FOCUSES ON DEVELOPMENT OF MOTOR SKILLS, COGNITION, COMMUNICATION, SOCIAL INTERACTION, AND GROWING INDEPENDENCE. EACH PRESCHOOL CLASSROOM IS STAFFED BY A CERTIFIED SPECIAL EDUCATION INSTRUCTOR, THREE TEACHER'S ASSISTANTS AND THERAPY PROVIDERS. A CHILD'S NEEDS ARE ADDRESSED IN VERY COMPREHENSIVE WAYS. FREQUENT INTERACTION WITH TYPICAL CHILDREN CONTINUES TO BE AN INTEGRAL PART OF THE PROGRAM. THIS PROVIDES THE OPPORTUNITY FOR CHILDREN WITH SPECIAL NEEDS TO BENEFIT FROM THE PLAY AND LANGUAGE OF AGE-APPROPRIATE PLAY PARTNERS.

Program 2

Expenses: $221,869 Revenue: $150,592

INFANT PROGRAM - CHILDREN FROM BIRTH TO THREE YEARS OF AGE RECEIVE SERVICES THROUGH OUR EARLY INTERVENTION PROGRAM - A COMPREHENSIVE, GOAL-ORIENTED PLAN OF THERAPIES AND EDUCATION. THE DESIGN OF...

INFANT PROGRAM - CHILDREN FROM BIRTH TO THREE YEARS OF AGE RECEIVE SERVICES THROUGH OUR EARLY INTERVENTION PROGRAM - A COMPREHENSIVE, GOAL-ORIENTED PLAN OF THERAPIES AND EDUCATION. THE DESIGN OF SERVICES IS UNIQUE TO EACH CHILD AND HIS/HER PARTICULAR NEEDS. THROUGH THE COLLABORATION OR PARENTS AND PROFESSIONALS, AN INDIVIDUAL FAMILY SERVICE PLAN (IFSP) IS DEVELOPED. THIS PLAN IDENTIFIES THE CHILD'S STRENGTHS AND WEAKNESSES, AND GUIDES THE EFFORTS OF THE TEAM TOWARD GOALS, WHICH ARE REGULARLY REVIEWED AND UPDATED.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,231,807

Program Service Revenue $3,453,780

Investment Income $23,327

Other Revenue $54,891

TOTAL REVENUE $4,763,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,881,089

Fundraising Expenses $53,348

Program Expenses $2,904,192

Other Expenses $659,774

TOTAL EXPENSES $3,540,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,763,805	$3,709,198	+0.3%
Expenses	$3,540,863	$3,444,044	+0.0%
Net Income	$1,222,942	$265,154	+3.6%

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

$219,310

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL PRATT	PRESIDENT	2.00	Officer Director	$0	$0	$0
JESSICA MOORE	BOARD MEMBER	2.00	Director	$0	$0	$0
SEAN RONAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTOPHER WHITE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ERIN WILKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
JUDY FERRENTINO	TREASURER	2.00	Officer Director	$0	$0	$0
GERALD PUCILLO	BOARD MEMBER	2.00	Director	$0	$0	$0
KATIE CHAMPOUX	SECRETARY	2.00	Officer Director	$0	$0	$0
STEFANIE MUELLER	BOARD MEMBER	2.00	Director	$0	$0	$0
SHANNON KARCHER	EXECUTIVE DIRECTOR	40.00	Officer	$120,367	$6,212	$126,579
ROBERT CHIAVETTA	CFO	40.00	Officer	$75,920	$16,811	$92,731

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	$4,763,805	$3,540,863	$3,258,537	$1,222,942
2024	$3,709,198	$3,444,044	$2,016,248	$265,154
2023	$3,459,688	$3,442,632	$1,775,953	$17,056
2022	$2,547,599	$2,912,492	$1,772,417	$-364,893
2021	$3,274,733	$3,009,937	$2,240,059	$264,796
2020	$3,137,670	$3,280,512	$2,509,869	$-142,842
2019	$3,406,921	$3,539,384	$2,101,359	$-132,463
2018	$3,760,041	$3,344,639	$2,272,719	$415,402

SPECIALIZED EARLY CHILDHOOD CENTER OF WESTERN NEW YORK INC