CHILD CARE CENTER OF FIRST PRESBYTERIAN CHURCH INC (EIN 560906111) - 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

1970

Legal Domicile

Principal Officer

Keith Love

Phone

8282541043

Tax Period

2024-01-01 to 2024-12-31

CHILD CARE CENTER OF FIRST PRESBYTERIAN CHURCH INC, founded in 1970, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 12% surplus.

Mission

Serving the child care needs of working parents in Asheville, NC. During 2023, we were able to help over 80 families with their child care needs.

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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 (2024)

Revenue Breakdown

Contributions & Grants $251,969

Program Service Revenue $999,483

Investment Income $7,905

Other Revenue $0

TOTAL REVENUE $1,259,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $910,326

Fundraising Expenses $0

Program Expenses $1,103,169

Other Expenses $192,843

TOTAL EXPENSES $1,103,169

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,259,357	$1,065,297	+0.2%
Expenses	$1,103,169	$1,049,485	+0.1%
Net Income	$156,188	$15,812	+8.9%

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

Total Directors

Key Employees

$81,760

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Beth Olwell	Director	40	Key Emp	$81,760	$0	$81,760
Julie Anderson	Board Member	2	Director	$0	$0	$0
Alan Achelinger	Board Member	2	Director	$0	$0	$0
Samantha Cole	Board Member	2	Director	$0	$0	$0
Chris Gragtmans	Board Member	2	Director	$0	$0	$0
Valorie Vliek	Board Member	2	Director	$0	$0	$0
Keith Love	Board Chair/Treasurer	10	Director	$0	$0	$0
Patrick Johnson	Church Staff Liason	2		$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	$1,259,357	$1,103,169	$561,753	$156,188
2023	$1,065,297	$1,049,485	$378,568	$15,812
2022	$1,128,664	$1,019,091	$428,220	$109,573
2021	$932,754	$826,160	$302,823	$106,594
2020	$731,928	$827,062	$89,868	$-95,134

CHILD CARE CENTER OF FIRST PRESBYTERIAN CHURCH INC