CREATIVE BEGINNINGS CHILD DEVELOPMENT CENTER INC (EIN 205220213) - 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

2006

Legal Domicile

Principal Officer

MICHELE COLORES

Phone

9897732222

Tax Period

2023-01-01 to 2023-12-31

CREATIVE BEGINNINGS CHILD DEVELOPMENT CENTER INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $802K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $943K exceeded revenue, resulting in a 18% operating deficit.

Mission

CREATIVE BEGINNINGS CHILD DEVELOPMENT CENTER IS DEDICATED TO PROVIDING HIGH QUALITY EARLY CHILDHOOD CARE AND EDUCATION BY CREATING A SAFE, NURTURING ENVIRONMENT IN WHICH CHILDREN DEVELOP A POSITIVE SELF IMAGE, A LOVE OF LEARNING, MEANINGFUL RELATIONSHIPS WITH PEOPLE IN THEIR COMMUNITY, AND A PRACTICAL SENSE OF THE WORLD AROUND THEM.

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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 $221,856

Program Service Revenue $580,044

Investment Income $0

Other Revenue $0

TOTAL REVENUE $801,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $764,512

Fundraising Expenses $0

Program Expenses $832,870

Other Expenses $178,117

TOTAL EXPENSES $942,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$801,900	$1,607,198	-0.5%
Expenses	$942,629	$1,172,700	-0.2%
Net Income	$-140,729	$434,498	-1.3%

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

$50,778

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE COLORES	EXECUTIVE DI	40.00	Officer	$50,778	$0	$50,778
GREGORY COLORES	DIRECTOR	0.15	Officer	$0	$0	$0
HOLLY HUFFMAN	SECRETARY	0.15	Officer	$0	$0	$0
JULIE MONTROSS	TREASURER	0.15	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
2024	No data	No data	No data	No data
2023	$801,900	$942,629	$1,020,657	$-140,729
2022	$1,607,198	$1,172,700	$1,156,157	$434,498
2021	$994,377	$917,244	$689,288	$77,133
2020	$753,958	$649,876	$596,940	$104,082
2019	$883,423	$978,989	$516,304	$-95,566
2019	$886,962	$958,607	$514,609	$-71,645
2018	$918,491	$982,104	$587,949	$-63,613

CREATIVE BEGINNINGS CHILD DEVELOPMENT CENTER INC