ACADEMY CHILD DEVELOPMENT CNTR INC (EIN 521228660) - 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

1981

Legal Domicile

Principal Officer

LESLEY WALSH-EVERHART

Phone

3014246282

Tax Period

2023-01-01 to 2023-12-31

ACADEMY CHILD DEVELOPMENT CNTR INC, founded in 1981, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE ACADEMY STRIVES TO REMAIN AN INNOVATOR IN THE FIELD OF EDUCATIONAL CHILDCARE AND PRESCHOOL-PRIMARY SCHOOL PROGRAMMING. WE ARE HIGHLY RECOGNIZED AS PROVIDING THE HIGHEST QUALITY LEVEL OF LICENSED AND MONITORED CHILD CARE AND EDUCATION FOR CHILDREN AGES 2 MONTHS THROUGH SCHOOL-AGE AND FOR THE VARIOUS CULTURES AND ECONOMIC BACKGROUNDS OF THE FAMILIES IN MONTGOMERY COUNTY. OUR MISSION AND PURPOSE ARE: TO OFFER DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD/SCHOOL AGE PROGRAMS; TO PROVIDE SAFE, HEALTHY, AND RELIABLE CHILD CARE OPTIONS FOR WORKING PARENTS; TO MAINTAIN A DEDICATED, PROFESSIONAL STAFF THROUGH COMPETITIVE SALARIES, BENEFITS AND ONGOING PROFESSIONAL DEVELOPMENT TRAINING; TO DEVELOP AND MAINTAIN PARTNERSHIPS WITH PARENTS, STAFF, COMMUNITY, LOCAL, STATE, AND NATIONAL ORGANIZATIONS; TO ACHIEVE AND MAINTAIN THE HIGHEST LEVELS OF EXCELS RATINGS IN THE STATE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $191,488

Program Service Revenue $1,704,529

Investment Income $122,643

Other Revenue $32,692

TOTAL REVENUE $2,051,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,934,879

Fundraising Expenses $0

Program Expenses $1,986,427

Other Expenses $491,225

TOTAL EXPENSES $2,426,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,051,352	$2,883,578	-0.3%
Expenses	$2,426,104	$2,575,052	-0.1%
Net Income	$-374,752	$308,526	-2.2%

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

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

$122,429

Total Directors

$226,681

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLEY WALSH-EVERHART	PRESIDENT	40.00	Officer Director	$113,737	$8,692	$122,429
DEBORA SULLIVAN	DIRECTOR	23.00	Director	$35,911	$8,635	$44,546
NAUSHABA BOKHARI	DIRECTOR	33.00	Director	$59,706	$0	$59,706
JODY BURGHARDT	DIRECTOR	0.01	Director	$0	$0	$0
AILEEN WALSH	DIRECTOR	0.01	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	No data	No data	No data	No data
2023	$2,051,352	$2,426,104	$2,945,722	$-374,752
2022	$2,883,578	$2,575,052	$3,165,630	$308,526
2021	$2,092,286	$1,888,003	$3,795,656	$204,283
2020	$2,712,181	$2,518,402	$3,681,624	$193,779
2019	$3,962,026	$3,832,973	$2,985,078	$129,053
2018	$3,897,527	$4,001,145	$2,782,384	$-103,618

ACADEMY CHILD DEVELOPMENT CNTR INC