CORNING DAY PROGRAMS INC (EIN 222361362) - 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

1981

Legal Domicile

Principal Officer

PAULA DETAR

Phone

6079375502

Tax Period

2024-07-01 to 2025-06-30

CORNING DAY PROGRAMS INC, founded in 1981, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Net assets of $12.4M represent 26 months of operating reserves.

Mission

TO CREATE AN EXCITING PLACE FOR CHILDREN TO GROW IN A SAFE AND ENRICHING ENVIRONMENT, WHERE CARE IS GUIDED BY BEST PRACTICES IN EARLY CHILDHOOD DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,874,336

Program Service Revenue $3,688,060

Investment Income $106,255

Other Revenue $78,034

TOTAL REVENUE $5,746,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,888,729

Fundraising Expenses $96,927

Program Expenses $4,635,991

Other Expenses $971,207

TOTAL EXPENSES $5,859,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,746,685	$4,274,400	+0.3%
Expenses	$5,859,936	$4,269,914	+0.4%
Net Income	$-113,251	$4,486	-26.2%

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

127

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

$123,788

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE CARL	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHLEEN DISPENZA	PRESIDENT	1.00	Officer Director	$0	$0	$0
AGATHA LUTOBORSKI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
EMILY SIMON	TREASURER	1.00	Officer Director	$0	$0	$0
JACLYN WELLES	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF TOOHIG	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
JACKIE CARPENTER	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON DIGGS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSEMARY MARTORANA	BOARD MEMBER	1.00	Director	$0	$0	$0
MAGGIE KUHL	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS MCCONNELL	BOARD MEMBER	1.00	Director	$0	$0	$0
DANA MOSS	BOARD MEMBER	1.00	Director	$0	$0	$0
RAJ PAKYALA	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS STAHL	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON SAYLOR	BOARD MEMBER	1.00	Director	$0	$0	$0
ELLEN VAN CLEAVE	BOARD MEMBER	1.00	Director	$0	$0	$0
ASHLEY WALES	BOARD MEMBER	1.00	Director	$0	$0	$0
PAULA DETAR	EXECUTIVE DIRECTOR	37.50	Officer	$90,306	$33,482	$123,788

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	$5,746,685	$5,859,936	$12,759,449	$-113,251
2024	$4,274,400	$4,269,914	$13,782,418	$4,486
2023	$3,348,494	$3,359,506	$3,928,577	$-11,012
2022	$3,597,019	$3,175,222	$4,584,870	$421,797
2021	$3,352,769	$3,107,253	$5,089,904	$245,516
2020	$2,765,536	$3,045,643	$5,694,996	$-280,107
2019	$3,015,935	$2,967,867	$2,412,941	$48,068

CORNING DAY PROGRAMS INC