WATCH THEM GROW CHILDCARE CENTER

EIN: 203143655 501(c)(3) Human Services

Bradford, VT

Total Revenue
$488,856
Total Expenses
$475,426
Total Assets
$148,192
Net Assets
$170,456
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VT
Principal Officer
Carrie Miller
Phone
7812238205
Tax Period
2022-01-01 to 2022-12-31

WATCH THEM GROW CHILDCARE CENTER, founded in 2001, is a small nonprofit in the Human Services sector that reported $489K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

Watch Them Grow Children's Center's mission is to provide the highest quality care at an affordable rate for the families in our community. We strive to offer as many educational opportunities as possible for the early childhood and school age populations we serve.

Program Service Accomplishments

Program 1
Expenses: $475,426 Revenue: $488,856

Watch Them Grow (WTG) Childcare Center serves children ages 6 weeks through 5 years. WTG operates 1 center with full day, full year child care and education programs and 1 center with a full day...

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Watch Them Grow (WTG) Childcare Center serves children ages 6 weeks through 5 years. WTG operates 1 center with full day, full year child care and education programs and 1 center with a full day, school-year, pre-school program. The two centers partner with the Orange East Supervisory School Union early childhood education programs. Both centers take children using the Vermont state childcare subsidy. In 2022, the centers served over 44 children in 2 states and 9 surrounding towns. Note: Program service revenues and expenses for the accomplishments listed in Part III 4b and 4c are included in this section.

Program 2
Expenses: $0 Revenue: $0

The Bradford center is a 4 star program that serves childern ages 6 weeks through preschool. The Bradford Center is located in the Riverbend Career and Technical center at Oxbow High School. There...

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The Bradford center is a 4 star program that serves childern ages 6 weeks through preschool. The Bradford Center is located in the Riverbend Career and Technical center at Oxbow High School. There are serveral different programs at the Technical center that have done projects that incorporated the kids. An example of this is Emergency Services program, which does a fire safety week, that allows the kids to see and explore a fire truck. Additionally the program for early childhood education benefits from allowing students to spend time in the center. Program Service revenue and expenses included in Part III, 4a.

Program 3
Expenses: $0 Revenue: $0

The Newbury site is a 4 star preschool only program in Newbury, Vermont. The center is run out of Newbury Elementary School, a big emphasis is placed on integration and collaboration with the...

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The Newbury site is a 4 star preschool only program in Newbury, Vermont. The center is run out of Newbury Elementary School, a big emphasis is placed on integration and collaboration with the elementary school. The kindergarten teachers spent time throughout the year in the preschool classroom in an effort to make the transition as simple as possible for incoming kindergarteners. Note: Program service revenue and expenses for the Newbury Center are included in Part III, 4a.

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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 $69,516
Program Service Revenue $419,340
Investment Income $0
Other Revenue $0
TOTAL REVENUE $488,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $418,102
Fundraising Expenses $0
Program Expenses $475,426
Other Expenses $57,324
TOTAL EXPENSES $475,426

Year-over-Year Comparison

2022 2021 Change
Revenue $488,856 $435,484 +0.1%
Expenses $475,426 $380,070 +0.3%
Net Income $13,430 $55,414 -0.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
26
Volunteers
7

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
4
$3,600
Total Directors
0
$0
Key Employees
2
$102,617
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kristin Meeks Newbury Center Director 40
Key Emp Highest
$52,567 $0 $52,567
Jennifer Ball Bradford Center Director 40
Key Emp
$50,050 $0 $50,050
Carrie Miller Board President 3
Officer
$1,200 $0 $1,200
Chelsea Mousley Board Treasurer 3
Officer
$1,200 $0 $1,200
Brianna Bagalio Secretary 3
Officer
$1,200 $0 $1,200
Kristena Taylor Board Vice President 3
Officer
$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
2022 $488,856 $475,426 $148,192 $13,430
2021 $435,484 $380,070 $141,233 $55,414
2020 $493,341 $375,218 $119,516 $118,123
2019 $466,851 $466,174 $17,496 $677
2018 $423,659 $438,992 $28,062 $-15,333
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