SANBORN DAYCARE ASSOCIATION (EIN 421353405) - 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

1990

Legal Domicile

Principal Officer

WENDY REED

Phone

7129305535

Tax Period

2024-01-01 to 2024-12-31

SANBORN DAYCARE ASSOCIATION, founded in 1990, is a small nonprofit that reported $500K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $460K left a modest 8% surplus.

Mission

TO PROVIDE A SOURCE OF DAYCARE TO THE CITIZENS OF SANBORN, IOWA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $185,332

Program Service Revenue $299,527

Investment Income $2,938

Other Revenue $12,045

TOTAL REVENUE $499,842

Expense Breakdown

Grants Paid $0

Salaries & Benefits $330,983

Fundraising Expenses $0

Program Expenses $381,857

Other Expenses $129,026

TOTAL EXPENSES $460,009

Year-over-Year Comparison

	2024	2023	Change
Revenue	$499,842	$288,427	+0.7%
Expenses	$460,009	$354,201	+0.3%
Net Income	$39,833	$-65,774	-1.6%

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

$42,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA MICHELS	DIRECTOR	40.00	Officer	$42,750	$0	$42,750
MIKAYLA HOWE	BOARD MEMBER	1.00	Director	$0	$0	$0
LEAH POSTMA	TREASURER	1.00	Officer Director	$0	$0	$0
WENDY REED	PRESIDENT (1	1.00	Officer Director	$0	$0	$0
NGA THIEL	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIANNE VAN WYK	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	$499,842	$460,009	$438,014	$39,833
2023	$288,427	$354,201	$396,344	$-65,774
2022	$471,817	$322,254	$467,415	$149,563
2021	$363,884	$294,106	$319,260	$69,778
2020	$319,030	$272,310	$248,537	$46,720
2019	$259,683	$276,094	$201,331	$-16,411
2018	$221,505	$248,408	$216,541	$-26,903

SANBORN DAYCARE ASSOCIATION