ABERNETHY MEMORIAL CHILD DEVELOPMENT CENTER INC

EIN: 475366986 501(c)(3) Human Services

Newton, NC

Total Revenue
$908,139
Total Expenses
$888,889
Total Assets
$298,264
Net Assets
$298,264
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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
2015
Legal Domicile
NC
Principal Officer
GEORGIANNA QUINNEY
Phone
8284647620
Tax Period
2024-01-01 to 2024-12-31

ABERNETHY MEMORIAL CHILD DEVELOPMENT CENTER INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $908K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE ENTITY OPERATES A DAY CARE USING THE FACILITIES OF THE SPONSORING CHURCH TO PROVIDE QUALITY CHILD CARE TO FAMILIES IN THE COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $772,867
Investment Income $354
Other Revenue $134,918
TOTAL REVENUE $908,139

Expense Breakdown

Grants Paid $0
Salaries & Benefits $643,573
Fundraising Expenses $0
Program Expenses $798,962
Other Expenses $245,316
TOTAL EXPENSES $888,889

Year-over-Year Comparison

2024 2023 Change
Revenue $908,139 $781,657 +0.2%
Expenses $888,889 $831,878 +0.1%
Net Income $19,250 $-50,221 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
28
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
2
$0
Total Directors
7
$44,733
Key Employees
1
$40,335
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGIANNA QUINNEY DAYCARE DIRECTOR 040.00
Director
$44,733 $0 $44,733
AMANDA COX ASST DIRECTOR 040.00
Key Emp
$40,335 $0 $40,335
ELAINE HALL BOARD MEMBER N/A
Director
$0 $0 $0
TOM JONES PASTOR N/A
Director
$0 $0 $0
JOEL HERMAN BOARD MEMBER N/A
Director
$0 $0 $0
CINDY POPE BOARD MEMBER N/A
Director
$0 $0 $0
DEBBIE SAINE BOARD MEMBER N/A
Director
$0 $0 $0
LORI STEWART BOARD MEMBER N/A
Director
$0 $0 $0
JOE THARPE VICE CHAIRMAN N/A
Officer
$0 $0 $0
JOHNATHAN THARPE CHAIRMAN N/A
Officer
$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
2025 No data No data No data No data
2024 $908,139 $888,889 $298,264 $19,250
2023 $780,706 $813,181 $279,014 $-32,475
2022 $928,471 $844,038 $311,489 $84,433
2021 $754,703 $705,723 $227,056 $48,980
2020 $827,913 $706,107 $178,076 $121,806
2019 $631,749 $608,928 $56,270 $22,821
2018 $580,886 $559,434 $33,454 $21,452
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