CARE TO LEARN CHILD DEVELOPMENT CENTER INC (EIN 562308903) - 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

2002

Legal Domicile

Principal Officer

KENDRA OKOLO

Phone

2158715537

Tax Period

2023-01-01 to 2023-12-31

CARE TO LEARN CHILD DEVELOPMENT CENTER INC, founded in 2002, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 10% operating deficit.

Mission

PROMOTE THE SOCIAL WELFARE OF PRE-SCHOOL CHILDREN WITH THE TOOLS THEY NEED TO ATTEND KINDERGARTEN.

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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 $120

Program Service Revenue $1,971,273

Investment Income $7,625

Other Revenue $0

TOTAL REVENUE $1,979,018

Expense Breakdown

Grants Paid $151

Salaries & Benefits $1,235,734

Fundraising Expenses $0

Program Expenses $1,625,086

Other Expenses $941,407

TOTAL EXPENSES $2,177,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,979,018	$2,418,803	-0.2%
Expenses	$2,177,292	$2,274,950	0.0%
Net Income	$-198,274	$143,853	-2.4%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE LAWRENCE	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
MELISA ORESTE	DIRECTOR	40.00	Director	$0	$0	$0
ADAM SHEKANA	DIRECTOR	40.00	Director	$0	$0	$0
KENDRA OKOLO	PRESIDENT	40.00	Officer	$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	$1,979,018	$2,177,292	$1,496,920	$-198,274
2022	$2,418,803	$2,274,950	$972,006	$143,853
2021	$1,278,877	$568,868	$2,077,709	$710,009
2020	$1,761,560	$1,641,323	$1,096,042	$120,237
2019	$1,686,965	$1,660,949	$403,739	$26,016

CARE TO LEARN CHILD DEVELOPMENT CENTER INC