CENTRAL FAITH CHILD DEVELOPMENT CENTER INC

EIN: 421710920 501(c)(3) Human Services

WACO, TX

Total Revenue
$1,559,216
Total Expenses
$1,706,674
Total Assets
$286,050
Net Assets
$279,949
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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
2006
Legal Domicile
TX
Principal Officer
LINDA TAFT
Phone
2544202931
Tax Period
2023-01-01 to 2023-12-31

CENTRAL FAITH CHILD DEVELOPMENT CENTER INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

EDUCATIONAL CHILD CARE FACILITY

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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 $175,460
Program Service Revenue $1,376,329
Investment Income $5,009
Other Revenue $2,418
TOTAL REVENUE $1,559,216

Expense Breakdown

Grants Paid $236
Salaries & Benefits $1,177,043
Fundraising Expenses $0
Program Expenses $1,530,104
Other Expenses $529,395
TOTAL EXPENSES $1,706,674

Year-over-Year Comparison

2023 2022 Change
Revenue $1,559,216 $2,048,544 -0.2%
Expenses $1,706,674 $1,933,652 -0.1%
Net Income $-147,458 $114,892 -2.3%
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

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Governance

Voting Members
2
Independent Members
N/A
Employees
64
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
3
$260,049
Total Directors
2
$101,064
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY GREANY COMPLIANCE & NUTRITION DIRECTOR 40.00
Officer Director
$46,948 $6,502 $53,450
NORMA NUNEZ ADMISSIONS DIRECTOR 40.00
Director
$39,892 $7,722 $47,614
COURTNEY PRICE STAFF DIRECTOR 40.00
Officer
$68,583 $5,701 $74,284
LINDA TAFT EXECUTIVE DIRECTOR 40.00
Officer
$109,621 $22,694 $132,315
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 No data No data No data No data
2023 $1,559,216 $1,706,674 $286,050 $-147,458
2022 $2,048,544 $1,933,652 $427,407 $114,892
2021 $1,794,111 $1,645,094 $313,666 $149,017
2020 $1,656,306 $1,663,932 $172,365 $-7,626
2019 $2,212,174 $2,174,367 $189,461 $37,807
2018 $2,001,274 $1,939,561 $136,848 $61,713
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