SECOND PRESBYTERIAN CHILD CARE CENTER

EIN: 540961588 501(c)(3)

RICHMOND, VA

Total Revenue
$5,482
Total Expenses
$56,151
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VA
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 small nonprofit that reported $585K in total revenue in fiscal year 2018. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 19% operating margin.

Mission

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

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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 (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
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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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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