CENTER FOR EARLY SUCCESS

EIN: 453316578 501(c)(3) Human Services

DANVILLE, VA

Total Revenue
$5,339,620
Total Expenses
$5,427,524
Total Assets
$1,133,287
Net Assets
$997,242
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
VA
Principal Officer
ANGELA WELLS
Phone
4347978887
Tax Period
2023-07-01 to 2024-06-30

SMART BEGINNINGS DANVILLE PITTSYLVANIA, founded in 2011, is a small nonprofit in the Human Services sector that reported $911K in total revenue in fiscal year 2018. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $832K left a modest 9% surplus.

Mission

THE MISSION OF THE CENTER FOR EARLY SUCCESS IS TO STRENGTHEN THE SYSTEM OF INDIVIDUALS AND ORGANIZATIONS CARING FOR AND EDUCATIING CHILDREN AGE BIRTH TO FIVE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,332,220
Program Service Revenue $0
Investment Income $6,777
Other Revenue $623
TOTAL REVENUE $5,339,620

Expense Breakdown

Grants Paid $3,224,112
Salaries & Benefits $1,212,578
Fundraising Expenses $0
Program Expenses $5,144,128
Other Expenses $990,834
TOTAL EXPENSES $5,427,524

Year-over-Year Comparison

2023 2022 Change
Revenue $5,339,620 $2,099,364 +1.5%
Expenses $5,427,524 $1,855,460 +1.9%
Net Income $-87,904 $243,904 -1.4%
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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Governance

Voting Members
10
Independent Members
10
Employees
22
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
4
$110,000
Total Directors
11
$110,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELVIN PERRY CHAIR 1.00
Officer Director
$0 $0 $0
JAMES BEBEAU INTERIM VICE CHAIR 1.00
Officer Director
$0 $0 $0
KIM VAN DER HYDE TREASURER 1.00
Officer Director
$0 $0 $0
DR JULIE BROWN IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
CATHY GORE BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY RIDDELL BOARD MEMBER 1.00
Director
$0 $0 $0
DR ANGELA HAIRSTON BOARD MEMBER 1.00
Director
$0 $0 $0
DR MARK JONES BOARD MEMBER 1.00
Director
$0 $0 $0
VINCENT SHORTER BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN WISE BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA WELLS EXCUTIVE DIRECTOR 40.00
Officer Director
$110,000 $0 $110,000
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
2025 No data No data No data No data
2024 $5,339,620 $5,427,524 $1,133,287 $-87,904
2023 $2,099,364 $1,855,460 $1,244,717 $243,904
2022 $832,671 $592,210 $857,049 $240,461
2021 $2,294,198 $2,168,966 $620,827 $125,232
2020 $937,497 $853,338 $475,549 $84,159
2019 $928,173 $987,984 $991,860 $-59,811
2018 $910,785 $832,247 $1,768,112 $78,538
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