NEWARK DAY NURSERY ASSOCIATION INC

EIN: 510096130 501(c)(3) Human Services

NEWARK, DE

Total Revenue
$2,549,888
Total Expenses
$1,958,324
Total Assets
$3,207,541
Net Assets
$3,118,300
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
DE
Principal Officer
JANE BOWEN
Phone
3027314925
Tax Period
2024-01-01 to 2024-12-31

NEWARK DAY NURSERY ASSOCIATION INC, founded in 1965, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $592K, a strong 23% operating margin.

Mission

EARLY CHILDHOOD AND SCHOOL AGE EDUCATION CENTER. DEDICATED TO PROVIDING THE HIGHEST QUALITY EARLY CHILDHOOD AND AFTER-SCHOOL SERVICES TO EDUCATE, TO ENRICH AND TO INSPIRE CHILDREN AND YOUTH FROM CULTURALLY AND ECONOMICALLY DIVERSE FAMILIES.

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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 $649,662
Program Service Revenue $1,892,875
Investment Income $1,553
Other Revenue $5,798
TOTAL REVENUE $2,549,888

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,394,239
Fundraising Expenses $12,349
Program Expenses $1,543,815
Other Expenses $564,085
TOTAL EXPENSES $1,958,324

Year-over-Year Comparison

2024 2023 Change
Revenue $2,549,888 $1,946,038 +0.3%
Expenses $1,958,324 $1,936,644 +0.0%
Net Income $591,564 $9,394 +62.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
64
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
3
$100,583
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK BRAINARD PRESIDENT 1.00
Officer Director
$0 $0 $0
RENEE BENSLEY TREASURER 2.00
Officer Director
$0 $0 $0
DEBRA COFFEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAPHNE LEBLANC-BRANNON BOARD MEMBER 1.00
Director
$0 $0 $0
ANNA MCDERMOTT BOARD MEMBER 1.00
Director
$0 $0 $0
WESLEY HOLLAND BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT LEBLANC BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH LEBLANC BOARD MEMBER 1.00
Director
$0 $0 $0
JANE BOWEN EXECUTIVE DI 55.00
Officer
$100,583 $0 $100,583
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 $2,549,888 $1,958,324 $3,207,541 $591,564
2023 $1,946,038 $1,936,644 $2,679,561 $9,394
2022 $1,715,136 $1,768,074 $2,612,718 $-52,938
2022 $1,730,747 $1,768,654 $2,628,329 $-37,907
2021 $2,035,839 $1,646,446 $2,670,765 $389,393
2020 $2,309,842 $1,687,627 $2,528,733 $622,215
2019 $1,732,639 $1,797,499 $1,886,431 $-64,860
2018 $1,815,184 $1,799,932 $1,950,129 $15,252
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