GREAT BEGINNINGS PRESCHOOL & CHILD DEVELOPMENT CENTER INC

EIN: 271486627 501(c)(3) Human Services

HARLINGEN, TX

Total Revenue
$390,852
Total Expenses
$581,268
Total Assets
$449,786
Net Assets
$449,786
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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
2009
Legal Domicile
TX
Principal Officer
MICHELLE ABREGO
Phone
9564256330
Tax Period
2023-07-01 to 2024-06-30

GREAT BEGINNINGS PRESCHOOL & CHILD DEVELOPMENT CENTER INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $391K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $581K exceeded revenue, resulting in a 49% operating deficit.

Mission

THE MISSION OF THE CENTER IS TO PROVIDE CHILDCARE AND TEACH WITH CHRISTIAN GUIDANCE MATERIALS TO PROMOTE THE CHILD IN ALL ASPECTS OF HIS/HER GROWTH.

Program Service Accomplishments

Program 1
Expenses: $565,346 Revenue: $385,823

THE CENTER PROVIDES CHILDCARE AND EARLY EDUCATION IN A LOVING CHRISTIAN ENVIRONMENT THAT HELPS EACH CHILD FEEL SECURE. THE CENTER PROVIDES AND TEACHES WITH CHRISTIAN GUIDENCE MATERIALS TO PROMOTE THE...

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THE CENTER PROVIDES CHILDCARE AND EARLY EDUCATION IN A LOVING CHRISTIAN ENVIRONMENT THAT HELPS EACH CHILD FEEL SECURE. THE CENTER PROVIDES AND TEACHES WITH CHRISTIAN GUIDENCE MATERIALS TO PROMOTE THE CHILD IN ALL ASPECTS OF HIS/HER GROWTH.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $385,823
Investment Income $5,029
Other Revenue $0
TOTAL REVENUE $390,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $414,616
Fundraising Expenses $0
Program Expenses $565,346
Other Expenses $166,652
TOTAL EXPENSES $581,268

Year-over-Year Comparison

2023 2022 Change
Revenue $390,852 $774,800 -0.5%
Expenses $581,268 $561,393 +0.0%
Net Income $-190,416 $213,407 -1.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
27
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
1
$31,200
Total Directors
6
$31,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE ABREGO DIRECTOR 0.00
Director
$0 $0 $0
BILLIE GRIFFITH DIRECTOR 0.00
Director
$0 $0 $0
DANIEL JOHNSON DIRECTOR 0.00
Director
$0 $0 $0
GLADYS ROSALES DIRECTOR 0.00
Director
$0 $0 $0
KRISTINE WENDORF DIRECTOR 0.00
Director
$0 $0 $0
CARLA N WISDOM EXECUTIVE DIRECTOR 40.00
Officer Director
$31,200 $0 $31,200
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 $390,852 $581,268 $449,786 $-190,416
2023 $774,800 $561,393 $640,202 $213,407
2022 $771,668 $349,170 $427,315 $422,498
2021 $346,415 $321,596 $59,899 $24,819
2020 $357,145 $389,276 $41,424 $-32,131
2019 $431,049 $432,963 $12,047 $-1,914
2018 $448,699 $417,630 $13,523 $31,069
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