PARK RIDGE CHILD CARE CENTER INC (EIN 222918126) - 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

1988

Legal Domicile

Principal Officer

DR RICHARD DAVIS

Phone

5859221595

Tax Period

2023-01-01 to 2023-12-31

PARK RIDGE CHILD CARE CENTER INC, founded in 1988, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Expenses of $2.3M exceeded revenue, resulting in a 17% operating deficit.

Mission

PARK RIDGE CHILD CARE CENTER PROVIDES HIGH QUALITY CHILD CARE IN A SAFE AND NURTURING ENVIRONMENT WHERE EACH CHILD'S PHYSICAL, SOCIAL, EMOTIONAL, AND COGNITIVE NEEDS ARE MET. WE BELIEVE THAT EACH CHILD IS UNIQUE AND HAS HIS/HER OWN PATTERN OF GROWTH, PERSONALITY, LEARNING STYLE, AND FAMILY BACKGROUND. OUR PROGRAMS ENHANCE SELF-ESTEEM BY PROVIDING A LEARNING ENVIRONMENT THAT IS DEVELOPMENTALLY APPROPRIATE AND INDIVIDUALIZED. A COMBINATION OF HANDS-ON, FREE CHOICE ACTIVITIES AND PLAY PROMOTE INDEPENDENCE, DISCOVERY AND LEARNING.

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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 $172,253

Program Service Revenue $1,779,471

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,951,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,834,969

Fundraising Expenses $0

Program Expenses $2,187,914

Other Expenses $457,259

TOTAL EXPENSES $2,292,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,951,724	$1,854,643	+0.1%
Expenses	$2,292,228	$1,960,873	+0.2%
Net Income	$-340,504	$-106,230	+2.2%

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

N/A

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

$8,687,024

Total Directors

$3,986,228

Key Employees

$1,347,194

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIANNE COLEMAN	CHAIR	1.00	Officer Director	$0	$46,833	$163,473
JENNIFER GALES	DIRECTOR	1.00	Director	$0	$96,072	$294,818
RICHARD DAVIS PHD	CEO	0.00	Officer Director	$0	$54,881	$3,137,090
MICHELLE GOOSEY	DIRECTOR OF CHILD CARE OPERATIONS	40.00	Officer Director	$83,011	$31,949	$114,960
PATTI WAGNER	SECRETARY/TREASURER	1.00	Officer Director	$0	$20,819	$275,887
THOMAS CRILLY	CFO	0.00	Officer	$0	$154,601	$1,579,020
HUGH THOMAS	CAO	0.00	Officer	$0	$9,101	$1,739,491
CHRISTIAN CASINI	ASSISTANT SECRETARY	0.00	Officer	$0	$34,153	$371,721
JENNIFER ESLINGER	COO	0.00	Officer	$0	$11,368	$1,305,382
DOUG STEWART	PRESIDENT, UNITY HOSPITAL	0.00	Key Emp	$0	$44,196	$874,324
JILL GRAZIANO	PRESIDENT, UNITY HOSPITAL	0.00	Key Emp	$0	$57,916	$472,870

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	$1,951,724	$2,292,228	$1,337,467	$-340,504
2022	$1,854,643	$1,960,873	$1,202,696	$-106,230
2021	$1,646,514	$1,862,661	$1,375,342	$-216,147
2020	$1,150,702	$1,589,106	$1,233,088	$-438,404
2019	$1,699,909	$1,815,954	$1,269,564	$-116,045
2018	$1,633,597	$1,676,052	$1,267,978	$-42,455

PARK RIDGE CHILD CARE CENTER INC