PROSPERITY CHILDCARE INC (EIN 571114639) - 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

Legal Domicile

Principal Officer

THOMASENA DAVIS

Phone

8433268842

Tax Period

2024-01-01 to 2024-12-31

PROSPERITY CHILDCARE INC is a small nonprofit in the Human Services sector that reported $643K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $554K left a modest 14% surplus.

Mission

PROVIDING DAYCARE AND AFTER SCHOOL PROGRAMS FOR CHILDREN, AS WELL AS SENIOR CITIZENS PROGRAMS AND SERVICES

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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 $190,000

Program Service Revenue $452,907

Investment Income $0

Other Revenue $0

TOTAL REVENUE $642,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $321,723

Fundraising Expenses $4,079

Program Expenses $518,009

Other Expenses $232,229

TOTAL EXPENSES $553,952

Year-over-Year Comparison

	2024	2023	Change
Revenue	$642,907	$851,413	-0.2%
Expenses	$553,952	$477,561	+0.2%
Net Income	$88,955	$373,852	-0.8%

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

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

$37,636

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ULYSSES FAIRCLOTH	SEC-TREAS	15.00	Officer	$20,295	$0	$20,295
THOMASENA DAVIS	EXEC DIR/PRES	20.00	Officer	$17,341	$0	$17,341
DR BENJAMIN BROCKINGTON	Chairman	15.00	Officer	$0	$0	$0
JERONELL BRADLEY	CO-CHAIR	15.00	Officer	$0	$0	$0
BERNETHA WITHERSPOON	CO-CHAIR	15.00	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	$642,907	$553,952	$1,162,443	$88,955
2023	No data	No data	No data	No data
2022	$923,585	$429,514	$725,876	$494,071
2021	$675,478	$416,787	$209,468	$258,691
2020	$321,460	$334,963	No data	$-13,503

PROSPERITY CHILDCARE INC