Day Nursery of Abilene Inc

EIN: 751399992 501(c)(3)

Abilene, TX

Total Revenue
$5,691,734
Total Expenses
$5,543,206
Total Assets
$11,999,704
Net Assets
$11,734,417
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
TX
Principal Officer
Cynthia Pearson
Tax Period
2023-01-01 to 2023-12-31

Day Nursery of Abilene Inc, founded in 1972, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Net assets of $11.7M represent 25 months of operating reserves.

Mission

Provide affordable quality child care for a diverse community. Quality child care programming for children ages birth-10 years is provided in four licensed facilities so that parents can work, attend school and/or job training.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,645,241
Program Service Revenue $4,086,451
Investment Income $80,631
Other Revenue $-120,589
TOTAL REVENUE $5,691,734

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,024,065
Fundraising Expenses $118,632
Program Expenses $5,021,354
Other Expenses $1,519,141
TOTAL EXPENSES $5,543,206

Year-over-Year Comparison

2023 2022 Change
Revenue $5,691,734 $7,921,982 -0.3%
Expenses $5,543,206 $5,071,201 +0.1%
Net Income $148,528 $2,850,781 -0.9%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
208
Volunteers
66

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
4
$125,358
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cynthia Pearson PresidentCEO 55.00
Officer
$114,258 $11,100 $125,358
Tyser Robertson Trustee 1.00
Director
$0 $0 $0
Josh Monhollon Trustee 1.00
Director
$0 $0 $0
Celia Matthews Trustee 1.00
Director
$0 $0 $0
Melody Roper Trustee 1.00
Director
$0 $0 $0
Kam Zinsser Trustee 1.00
Director
$0 $0 $0
Andrea Smith Trustee 1.00
Director
$0 $0 $0
Chase Sims Truestee 1.00
Director
$0 $0 $0
Mari Cockerell Trustee 1.00
Director
$0 $0 $0
Andrea Harden-Brown Trustee 1.00
Director
$0 $0 $0
Bethany Ashlock Trustee 1.00
Director
$0 $0 $0
Julie Grohman Director 1.00
Director
$0 $0 $0
Kelsi Mangrem Trustee 1.00
Director
$0 $0 $0
Tave Kelly Trustee 1.00
Director
$0 $0 $0
Jonathan Jeter Trustee 1.00
Director
$0 $0 $0
Holly Cox Secretary 2.00
Officer Director
$0 $0 $0
Garrett Smith Vice ChairTreasurer 2.00
Officer Director
$0 $0 $0
Grant Seabourne Board Chair 2.00
Officer 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 $5,691,734 $5,543,206 $11,999,704 $148,528
2022 $7,921,982 $5,071,201 $11,300,322 $2,850,781
2021 $5,575,729 $4,855,238 $8,688,631 $720,491
2020 $5,073,909 $4,307,635 $7,895,300 $766,274
2019 $4,238,587 $3,732,078 $7,482,680 $506,509
2018 $4,152,473 $3,514,896 $6,426,633 $637,577
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