Converse Child Care Center (EIN 742604981) - 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

1994

Legal Domicile

Principal Officer

Tylane Barnes

Phone

2106590203

Tax Period

2023-01-01 to 2023-12-31

Converse Child Care Center, founded in 1994, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $343K, a strong 19% operating margin.

Mission

We provide affordable, quality child care and early education for children of parents who are working and/or going to school. Our non-profit status allows us to offer our services continued on Schedule O, Statement 1

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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 $488,348

Program Service Revenue $1,298,730

Investment Income $154

Other Revenue $0

TOTAL REVENUE $1,787,232

Expense Breakdown

Grants Paid $0

Salaries & Benefits $883,911

Fundraising Expenses $0

Program Expenses $1,443,917

Other Expenses $560,006

TOTAL EXPENSES $1,443,917

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,787,232	$1,330,912	+0.3%
Expenses	$1,443,917	$1,141,995	+0.3%
Net Income	$343,315	$188,917	+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

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
Tylane Barnes	Board Liaison Officer, Non Voting	050.00	Highest	$180,031	$0	$180,031
Stephanie Little	President	000.25	Officer Director	$0	$0	$0
Richard Ramsey	Board Member	000.25	Director	$0	$0	$0
Lottie Muchlebock	Board Member	000.25	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
2024	No data	No data	No data	No data
2023	$1,787,232	$1,443,917	$520,642	$343,315
2022	$1,330,912	$1,141,995	$360,182	$188,917
2021	$575,117	$679,120	$165,384	$-104,003
2020	$271,620	$369,019	$5,965	$-97,399
2019	$323,440	$323,397	$43	$43
2018	$360,896	$351,397	$9,499	$9,499

Converse Child Care Center