CIRCLE TIME CHILD DEVELOPMENT CENTER INC

EIN: 364695952 501(c)(3) Education

San Jose, CA

Total Revenue
$291,893
Total Expenses
$298,118
Total Assets
$5,474
Net Assets
$5,474
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
Tanisha Brame
Phone
4085380200
Tax Period
2023-01-01 to 2023-12-31

CIRCLE TIME CHILD DEVELOPMENT CENTER INC, founded in 2011, is a small nonprofit in the Education sector that reported $292K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

Circle Time CDC is a non-profit organization that is dedicated to the educational growth and development of children 2 to 5 years of age. Circle Time is focused on creating and maintaining an environment that is not only conducive to learning but provides a safe haven where children can expand their creativity and thrive. Research supports and Circle Time values the developmental stages of all children. It is our belief that all children have unique learning styles, varied interests, individual temperaments and different rates of development. The importance of the environment to be a place where new experiences can happen and new ways of focused exploration can be encouraged, is a vital part of Circle Time's philosophy and values.

Program Service Accomplishments

Program 1
Expenses: $26,092 Revenue: $0

One of the main goals for Circle Time CDC is ensuring that every child that comes into our program has the ability to thrive and learn. Children work best when they do not have to worry about their...

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One of the main goals for Circle Time CDC is ensuring that every child that comes into our program has the ability to thrive and learn. Children work best when they do not have to worry about their bodies ability to feel energized. This means that children need to properly feed everyday. Circle Time CDC provides hot meals throughout the day for every child in our program. We provide breakfast, lunch and snack everyday. A child's ability to learn is greatly hindered when they are unable to concentrate due to lack of food.

Program 2
Expenses: $20,601 Revenue: $0

Our second major accomplishment for the year is the consistency of providing quality education through various resources. We take pride in the fact that we offer a summer program for our children...

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Our second major accomplishment for the year is the consistency of providing quality education through various resources. We take pride in the fact that we offer a summer program for our children. During the summer to make sure our children stay safe and healthy, while also feeling the summer spirit, we bring all of those activities to our center. We open our doors and allow various vendors to come and share with the children. It is a great way for the community resources to come and share what they do with our children. As well as allow the children to learn and explore during the summer. We have everything from veterans on Veteran's day to animals during farm week. The children ask questions, expand their learning and knowledge. To cap the end of the year off, as all of our children stay with us throughout the summer, we have a huge celebration in August. All of our kindergarten children are celebrated in August, right before their new journey begins in kindergarten. This is a grand celebration of one journey finishing and another beginning. We also have mini celebrations throughout the year where we get the opportunity to lavish love on the parents and be a welcomed resource for the entire family. In Christmas we have a party with gifts for the entire family, Thanksgiving is a feast for the family with food going home. During Halloween we have safe trick or treating and for ever child's birthday we take the time to celebrate them. We believe that the family as a whole is the responsiblity of our program. Once a child comes into our center we take the whole family in.

Program 3
Expenses: $19,803 Revenue: $0

Another great accomplishment for Circle Time CDC is the changing we consistently do to maintain a safe environment. We look to make changes in the program to keep the children's interest...

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Another great accomplishment for Circle Time CDC is the changing we consistently do to maintain a safe environment. We look to make changes in the program to keep the children's interest, continuously challenge their thinking and to make sure the children maintain a healthy sense of interest. This is important because we want to make sure that we serve the total child. Each part of their learning is of great importance. Keeping a healthy balance of interest, so they want to try something new and learn is invaluable.

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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 $291,893
Investment Income $0
Other Revenue $0
TOTAL REVENUE $291,893

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,535
Fundraising Expenses $0
Program Expenses $298,118
Other Expenses $161,583
TOTAL EXPENSES $298,118

Year-over-Year Comparison

2023 2022 Change
Revenue $291,893 $217,827 +0.3%
Expenses $298,118 $215,750 +0.4%
Net Income $-6,225 $2,077 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
1
Employees
N/A
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
0
$0
Total Directors
1
$0
Key Employees
1
$12,291
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tanisha Brame CEO/Director 40
Key Emp
$12,291 $0 $12,291
Guye Brame Member/IT 2
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
2023 $291,893 $298,118 $5,474 $-6,225
2022 $217,827 $215,750 $11,699 $2,077
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