BRADFORD CHILD CARE SERVICES INC

🔒

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

1994

Legal Domicile

Principal Officer

PHILLIP POWELL

Phone

4122060188

Tax Period

2024-01-01 to 2024-12-31

BRADFORD CHILD CARE SERVICES INC, founded in 1994, is a mid-sized nonprofit in the Human Services sector that reported $23.9M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $22.3M left a modest 7% surplus.

Mission

CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES UNDER IRS SECTION 501 (C)(3) INCLUDING PROVISION OF CHILD CARE SERVICES WITHIN THE SCOPE OF IRS SEC. 501(K).

Program Service Accomplishments

Program 1

Expenses: $20,121,600 Revenue: $21,337,123

PROVISION OF QUALITY CHILD CARE TO THE GENERAL PUBLIC FOR THE PURPOSE OF ENABLING INDIVIDUALS TO BE GAINFULLY EMPLOYED AS CONTEMPLATED IN IRS SEC. 501(K).

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,528,350

Program Service Revenue $21,131,427

Investment Income $40,916

Other Revenue $205,696

TOTAL REVENUE $23,906,389

Expense Breakdown

Grants Paid $104,167

Salaries & Benefits $14,923,533

Fundraising Expenses $0

Program Expenses $20,121,600

Other Expenses $7,304,390

TOTAL EXPENSES $22,332,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,906,389	$20,507,963	+0.2%
Expenses	$22,332,090	$21,729,347	+0.0%
Net Income	$1,574,299	$-1,221,384	-2.3%

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

496

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

$511,210

Total Directors

$93,763

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY BUCEY	FINANCE MANAGER AND DIRECT	12.00	Officer Director	$91,011	$1,252	$92,263
JEANNINE SCHOENECKER	DIRECTOR & CHAIRMAN	1.00	Director	$1,500	$0	$1,500
SUSAN MARIE GODLEWSKI	SR VP OF OPERATIONS	40.00	Officer	$204,641	$2,804	$207,445
PHILLIP POWELL	CFO	40.00	Officer	$199,629	$11,873	$211,502
HEATHER F IORIO	REGIONAL DIRECTOR	40.00	Highest	$103,538	$8,375	$111,913
WILLIAM VIRGI	CEO THROUGH OCTOBER 2023	0.00		$290,067	$16,875	$306,942

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	$23,906,389	$22,332,090	$15,893,583	$1,574,299
2023	$20,507,963	$21,729,347	$14,399,377	$-1,221,384
2022	$21,305,294	$19,770,129	$16,773,563	$1,535,165
2021	$20,770,769	$22,008,973	$6,738,908	$-1,238,204
2020	$21,565,996	$31,029,432	$8,056,412	$-9,463,436
2019	$23,634,788	$22,135,929	$14,564,828	$1,498,859
2018	$22,159,355	$21,462,987	$12,633,662	$696,368