PARSIPPANY CHILD DAY CARE CENTER INC (EIN 221864906) - 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

1968

Legal Domicile

Principal Officer

GORDON METH

Phone

9733347286

Tax Period

2023-07-01 to 2024-06-30

PARSIPPANY CHILD DAY CARE CENTER INC, founded in 1968, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

TO PROVIDE DAY CARE SERVICES AND EDUCATIONAL DEVELOPMENT FOR CHILDREN (AGES SIX WEEKS TO SIX YEARS OLD) OF FAMILIES IN THE TOWNSHIP OF PARSIPPANY AND SURROUNDING AREAS.

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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 $117,058

Program Service Revenue $988,279

Investment Income $1,728

Other Revenue $855

TOTAL REVENUE $1,107,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $909,688

Fundraising Expenses $1,891

Program Expenses $1,056,197

Other Expenses $238,322

TOTAL EXPENSES $1,148,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,107,920	$1,251,285	-0.1%
Expenses	$1,148,010	$1,005,282	+0.1%
Net Income	$-40,090	$246,003	-1.2%

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

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

$79,814

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA MLYNARSKI	EXECUTIVE DIRECTOR	40.00	Officer	$79,814	$0	$79,814
GORDON METH	PRESIDENT	5.00	Officer Director	$0	$0	$0
MEERA BHAVSAR	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
JUDI CHASE	SECRETARY	2.00	Officer Director	$0	$0	$0
CAROL TIESI	TRUSTEE	2.00	Director	$0	$0	$0
NEETA DHOPESHWARKAR	TRUSTEE	2.00	Director	$0	$0	$0
JUDY HERNANDEZ	TRUSTEE	2.00	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
2025	No data	No data	No data	No data
2024	$1,107,920	$1,148,010	$592,551	$-40,090
2023	$1,251,285	$1,005,282	$630,343	$246,003
2022	$763,079	$699,613	$378,201	$63,466
2021	$667,661	$611,623	$321,285	$56,038
2020	$757,179	$753,812	$269,512	$3,367
2019	$882,456	$871,648	$277,329	$10,808

PARSIPPANY CHILD DAY CARE CENTER INC