The Children's Center of Western North Carolina

EIN: 364517509 501(c)(3) Human Services

Asheville, NC

Total Revenue
$753,442
Total Expenses
$752,396
Total Assets
$467,064
Net Assets
$460,510
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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
2003
Legal Domicile
NC
Principal Officer
Sunny-Dae Larson
Phone
8282530542
Tax Period
2024-01-01 to 2024-12-31

The Children's Center of Western North Carolina, founded in 2003, is a small nonprofit in the Human Services sector that reported $753K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

At The Childrens Center of Western North Carolina (TCC), we are dedicated to creating an inclusive, playful, and nuturing environment where children can grow and learn together in acceptance of one another.

Program Service Accomplishments

Program 1
Expenses: $678,268 Revenue: $516,371

The Childrens Center of Western North Carolina is a 5-star, licensed childcare and early education facility, earning 15 out of 15 quality points. In 2024, our early childhood educators provided...

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The Childrens Center of Western North Carolina is a 5-star, licensed childcare and early education facility, earning 15 out of 15 quality points. In 2024, our early childhood educators provided high-quality learning experiences, developmental enrichment, and compassionate care to 72 children between ages one and four. We voluntarily maintained low staff- to-child ratios to support individualized attention and meet each young childs developmental needs.

Program 2

This year, our program faced an unexpected challenge when Hurricane Helene led to a four- week closure of our facility. Despite significant interruptions to our operations, our team worked hard to...

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This year, our program faced an unexpected challenge when Hurricane Helene led to a four- week closure of our facility. Despite significant interruptions to our operations, our team worked hard to reopen under an emergency operating plan that prioritized child safety and continuity of care.

Program 3

We also made several investments in our program, including adopting the state-approved Experience Early Learning Curriculum. Our most significant investment, however, remains our dedicated team. We...

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We also made several investments in our program, including adopting the state-approved Experience Early Learning Curriculum. Our most significant investment, however, remains our dedicated team. We continued to meet the requirements for the NC Stabilization Grant funding, enabling us to provide enhanced compensation to our employees. By offering competitive wages and benefits, The Childrens Center is recognized within the field for exceptional staff longevity. Three teachers celebrated 10 or more years of service, two marked 15 or more years, and our Assistant Director celebrated her 26th year with our program.

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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 (2024)

Revenue Breakdown

Contributions & Grants $227,110
Program Service Revenue $516,371
Investment Income $9,961
Other Revenue $0
TOTAL REVENUE $753,442

Expense Breakdown

Grants Paid $21,591
Salaries & Benefits $563,508
Fundraising Expenses $0
Program Expenses $678,268
Other Expenses $167,297
TOTAL EXPENSES $752,396

Year-over-Year Comparison

2024 2023 Change
Revenue $753,442 $805,552 -0.1%
Expenses $752,396 $804,116 -0.1%
Net Income $1,046 $1,436 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
20
Volunteers
8

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
3
$80,548
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tameka King Executive Director 40.00
Officer
$79,025 $1,523 $80,548
Sunny-Dae Larson Board Chair 3.00
Officer Director
$0 $0 $0
Marina Barnett Treasurer 1.00
Officer Director
$0 $0 $0
Emily Willis Member 1.00
Director
$0 $0 $0
Melissa Kledis Member 1.00
Director
$0 $0 $0
Sharon Enright Member 1.00
Director
$0 $0 $0
Ashley Pendergast Member 1.00
Director
$0 $0 $0
Jessica Siler Member 1.00
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 $753,442 $752,396 $467,064 $1,046
2023 $805,552 $804,116 $466,860 $1,436
2022 $777,276 $793,710 $459,706 $-16,434
2021 $820,587 $678,839 $487,808 $141,748
2020 $607,705 $564,376 $337,030 $43,329
2019 $587,255 $557,627 $288,127 $29,628
2018 $614,326 $539,679 $263,320 $74,647
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