SECOND PRESBYTERIAN CHILD CARE CEN… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

SHERI HIGHFILL

Phone

8046490152

Tax Period

2022-01-01 to 2022-12-31

SECOND PRESBYTERIAN CHILD CARE CENTER, founded in 1972, is a micro nonprofit that reported $5K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $56K exceeded revenue, resulting in a 924% operating deficit.

Mission

CHILD CARE CENTER THAT PROVIDES A MULTICULTURAL, EXPERIENTIAL LEARNING ENVIRONMENT IN DOWNTOWN RICHMOND. EACH CHILD IS VIEWED AS A UNIQUE INDIVIDUAL.

Program Service Accomplishments

Program 1

Expenses: $47,291

PRIOR TO THE SHUTDOWN IN MARCH 2020, THE CENTER SERVED APPROXIMATELY 50 CHILDREN. WE ENCOURAGED CHILDREN TO ENGAGE IN LEARNING WITHIN THEIR OWN AGE AND DEVELOPMENTALLY APPROPRIATE GROUP, BUT ALSO...

PRIOR TO THE SHUTDOWN IN MARCH 2020, THE CENTER SERVED APPROXIMATELY 50 CHILDREN. WE ENCOURAGED CHILDREN TO ENGAGE IN LEARNING WITHIN THEIR OWN AGE AND DEVELOPMENTALLY APPROPRIATE GROUP, BUT ALSO THROUGH ENGAGING CHILDREN WHO WERE OLDER OR YOUNGER. LIVING IN A MULTI-CULTURAL SOCIETY, WE ATTEMPTED TO BUILD A CENTER WHERE DIFFERENCES IN RACE, RELIGION, AND GENDER WERE APPRECIATED AND TAKEN AS AN OPPORTUNITY TO LEARN MORE ABOUT THOSE WHO LIVE IN OUR COMMUNITY. IN 2021 THE ORGANIZATION WAS ABLE TO USE CARES ACT FUNDING TO COMPENSATE STAFF FOR A SHORT TIME AS THEY ASSESSED WHETHER REOPENING THE FACILITY WAS FEASIBLE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $5,482

Other Revenue $0

TOTAL REVENUE $5,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,291

Other Expenses $56,151

TOTAL EXPENSES $56,151

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,482	$22,831	-0.8%
Expenses	$56,151	$88,021	-0.4%
Net Income	$-50,669	$-65,190	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GINGER EVANS	CHURCH LIAIS	N/A	Director	$0	$0	$0
SHERI HIGHFILL	TREASURER	N/A	Officer Director	$0	$0	$0
CATHY HOWARD	DIRECTOR	N/A	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
2022	$5,482	$56,151	No data	$-50,669
2021	$22,831	$88,021	$372,156	$-65,190
2020	$275,445	$399,395	$441,649	$-123,950
2019	$564,922	$534,921	$565,603	$30,001
2018	$585,486	$471,774	$517,961	$113,712

SECOND PRESBYTERIAN CHILD CARE CENTER