BETTER CHILD CARE INC (EIN 371250569) - 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

1989

Legal Domicile

Principal Officer

CAROL PAYNE

Phone

2172450949

Tax Period

2023-10-01 to 2024-09-30

BETTER CHILD CARE INC, founded in 1989, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO ALLOCATE GOVERNMENT GRANTS TO QUALIFIED CHILD CARE PROVIDERS FOR THE USDA CHILD AND ADULT CARE FOOD 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,860,188

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,860,188

Expense Breakdown

Grants Paid $2,467,918

Salaries & Benefits $275,259

Fundraising Expenses $0

Program Expenses $2,848,983

Other Expenses $120,712

TOTAL EXPENSES $2,863,889

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,860,188	$3,056,276	-0.1%
Expenses	$2,863,889	$3,057,136	-0.1%
Net Income	$-3,701	$-860	+3.3%

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

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

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

$111,432

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM BOBOR	DIRECTOR	1.00	Director	$0	$0	$0
LIZ STANDLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS LITTIG	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN MICHAEL SHEEHAN	TREASURER	1.00	Officer Director	$0	$0	$0
LITA DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CAROL PAYNE	EXECUTIVE DIRECTOR	40.00	Officer	$57,037	$0	$57,037
REBECCA TANKERSLEY	CO-EXECUTIVE DIRECTOR	40.00	Officer	$54,395	$0	$54,395

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	$2,860,188	$2,863,889	$223,893	$-3,701
2023	$3,056,276	$3,057,136	$239,224	$-860
2022	$2,156,249	$2,170,099	$254,782	$-13,850
2021	$2,126,478	$2,015,566	$286,636	$110,912
2020	$1,864,250	$1,847,069	$174,004	$17,181
2019	$2,172,530	$2,176,070	$165,499	$-3,540
2018	$2,254,874	$2,245,545	$164,046	$9,329

BETTER CHILD CARE INC