MERCYHURST CHILD LEARNING CENTER I… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

CRAIG DRESSLER

Phone

8144596222

Tax Period

2022-07-01 to 2023-06-30

MERCYHURST CHILD LEARNING CENTER INC, founded in 1989, is a small nonprofit that reported $699K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $770K exceeded revenue, resulting in a 10% operating deficit.

Mission

MERCYHURST CHILD LEARNING CENTER DEDICATES ITSELF TO THE CREATION OF AN ENVIRONMENT WHERE CHILDREN, EDUCATORS, FAMILIES, AND THE COMMUNITY WORK TOGETHER FOR THE CARE AND DEVELOPMENT OF THE WHOLE CHILD. COMMITTING ITSELF TO EACH CHILDS INDIVIDUAL NEEDS, MCLC PROMOTES CREATIVE EXPLORATION OF THE WORLD, COMPASSION FOR OTHERS, SELF RESPECT, AND ACCEPTANCE OF THE DIFFERENCES THAT ARE FOUND IN THE DIVERSE COMMUNITES IN WHICH OUR CHILDREN WILL PARTICIPATE. MERCYHURST CHILD LEARNING CENTER STRIVES TO BE A COMMUNITY THAT NURTURES THE WHOLE PERSON, CHALLENGING THEM TO LIVE TO THE FULLEST OF THEIR POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $676,786 Revenue: $621,093

MERCYHURST CHILD LEARNING CENTER (MCLC) WORKS TO DEVELOP A COMMUNITY THAT FOSTERS EARLY CHILDHOOD LEARNING AND PARENT INVOLVEMENT. OUR PROGRAM USES AN INTEGRATED CURRICULUM THAT STRESSES THE...

MERCYHURST CHILD LEARNING CENTER (MCLC) WORKS TO DEVELOP A COMMUNITY THAT FOSTERS EARLY CHILDHOOD LEARNING AND PARENT INVOLVEMENT. OUR PROGRAM USES AN INTEGRATED CURRICULUM THAT STRESSES THE IMPORTANCE OF THE TEACHER AS A JOINT RESEARCHER WITH CHILDREN. EACH CLASSROOM CURRICULUM IS DEVELOPMENTALLY APPROPRIATE AND INCLUDES AREAS OF MATH, SCHIENCE, LANGUAGE, MUSIC AND ART. DAILY CLASS SCHEDULES ARE DESIGNED TO PROVIDE A BALANCE OF FREE PLAY AND STRUCTURED ACTIVITY, SMALL AND LARGE GROUP ACTIVITY, AND ACTIVE AND QUITE PLAY. IN ALL, CHILDREN ENGAGE IN MEANINGFUL ACTIVITIES AND ARE ENCOURAGED TO CONTRIBUTE POSITIVELY TO THEIR CLASS. AT MCLC WE STRIVE TO PROVIDE THE HIGHEST STANDARDS OF CARE, AS WELL AS A SAFE NURTURING ENVIRONMENT FOR YOUR CHILD. THE CENTER IS LICENSED BY THE PENSSYLVANIA DEPARTMENT OF PUBLIC WELFARE. WE ARE ALSO CURRENTLY PARTICIPATING IN THE KEYSTONE STARS PROGRAM, A VOLUNTARY QUALITY IMPROVEMENT INITIATIVE FOR CHILD CARE CENTERS ACROSS THE COMMONWEALTH OF PENNSYLVANIA. KEYSTONE STARS REQUIRES CENTERS TO EVALUATE PROGRAMS BY LOOKING AT CURRICULUM, MATERIALS, STAFFING, AND POLICIES AND TO MAKE IMPROVEMENTS WHERE NECESSARY TO ENSURE THAT THE HIGHEST QUALITY STANDARDS ARE BEING MET. MCLC IS A STARS 4 FACILITY, THE HIGHEST RANKING AVAILABLE UNDER THE PROGRAM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $74,743

Program Service Revenue $621,093

Investment Income $3,393

Other Revenue $0

TOTAL REVENUE $699,229

Expense Breakdown

Grants Paid $0

Salaries & Benefits $591,438

Fundraising Expenses $491

Program Expenses $676,786

Other Expenses $178,506

TOTAL EXPENSES $769,944

Year-over-Year Comparison

	2022	2021	Change
Revenue	$699,229	$762,087	-0.1%
Expenses	$769,944	$587,732	+0.3%
Net Income	$-70,715	$174,355	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$53,539

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG DRESSLER	CURRENT PRES	0.50	Director	$0	$0	$0
SARA ULRICH	PRESIDENT	0.50	Director	$0	$0	$0
KORTNIE FISHER	CURRENT SECR	0.50	Officer Director	$0	$0	$0
ALEXIS WHITEFORD	SECRETARY	0.50	Officer Director	$0	$0	$0
CORRY MILLER	CURRENT TREA	0.50	Director	$0	$0	$0
SARAH BURCH	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSH GADLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
AMY BAUSCHARD	CURRENT ASST	0.50	Director	$0	$0	$0
DOV BRAUN	BOARD MEMBER	0.50	Director	$0	$0	$0
SHANA BURNETT	FORMER EXEC	40.00	Director	$34,191	$5,373	$39,564
MELISSA NOVATNACK	EXECUTIVE DI	40.00	Director	$13,975	$0	$13,975

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
2023	$699,229	$769,944	$399,278	$-70,715
2022	$762,087	$587,732	$461,451	$174,355
2021	$641,039	$555,169	$283,810	$85,870
2020	$533,850	$532,648	$194,430	$1,202
2019	$591,056	$597,707	$197,552	$-6,651

MERCYHURST CHILD LEARNING CENTER INC