KIDS CORNER INC (EIN 330125921) - 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

1993

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

KIDS CORNER INC, founded in 1993, is a small nonprofit that reported $729K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $809K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE AFFORDABLE CHILDCARE FOR CHILDREN WITH WORKING PARENTS

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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 $0

Program Service Revenue $728,609

Investment Income $0

Other Revenue $0

TOTAL REVENUE $728,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $464,655

Fundraising Expenses $0

Program Expenses $757,515

Other Expenses $344,346

TOTAL EXPENSES $809,001

Year-over-Year Comparison

	2023	2022	Change
Revenue	$728,609	$647,206	+0.1%
Expenses	$809,001	$649,849	+0.2%
Net Income	$-80,392	$-2,643	+29.4%

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

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

$218,525

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARIN AQUIRRE	CFO	35.00	Officer	$111,715	$0	$111,715
ZACHARY GOLOVKO	VICE PRESIDENT	40.00	Officer	$106,810	$0	$106,810
WAYNE DAVID	DIRECTOR	1.00	Director	$0	$0	$0
DONNA SARACENO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GOLOVKO	PRESIDENT	40.00	Officer Director	$0	$0	$0
MELINDA GOLOVKO	SECRETARY	1.00	Officer Director	$0	$0	$0

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	$728,609	$809,001	$168,373	$-80,392
2022	$647,206	$649,849	$245,180	$-2,643
2021	$546,036	$622,384	$158,193	$-76,348
2020	$573,942	$556,450	$173,563	$17,492
2019	$512,292	$534,049	$149,400	$-21,757
2018	$496,849	$479,046	$168,818	$17,803

KIDS CORNER INC