SMALL FOLKS DEVELOPMENT CENTER INC

EIN: 382032151 501(c)(3)

LANSING, MI

Total Revenue
N/A
Total Expenses
$13,027
Total Assets
$155,566
Net Assets
$155,566
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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
1972
Legal Domicile
MI
Principal Officer
PATRICIA CROSKEY
Phone
5172720129
Tax Period
2022-01-01 to 2022-12-31

Mission

PROVIDE BI-LINGUAL PRESCHOOL

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,516
Other Expenses $13,027
TOTAL EXPENSES $13,027

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $3,989 -1.0%
Expenses $13,027 $22,376 -0.4%
Net Income N/A $-18,387 N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA JACKSON CHAIR 1.00
Officer Director
$0 $0 $0
MELINA LERMA VICE CHAIR 1.00
Officer Director
$0 $0 $0
COLLEEN COOK SECRETARY 1.00
Officer Director
$0 $0 $0
ELVIRA HERNANDEZ TREASURER 1.00
Officer Director
$0 $0 $0
JUANITA CASTILLO EXECUTIVE DIR 10.00
Highest
$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
2022 No data $13,027 $155,566 No data
2021 $3,989 $22,376 $168,593 $-18,387
2020 $142,778 $97,168 $188,824 $45,610
2019 $301,623 $279,997 $151,340 $21,626
2018 $268,539 $267,550 $126,499 $989
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