EDDLEMON CHILD DEVELOPMENT CENTER INC

EIN: 822055570 501(c)(3) Education

SPARTANBURG, SC

Total Revenue
$274,329
Total Expenses
$203,501
Total Assets
$600,744
Net Assets
$598,584
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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
2017
Legal Domicile
SC
Principal Officer
JENNIFER SPEARS
Phone
9802888471
Tax Period
2023-01-01 to 2023-12-31

EDDLEMON CHILD DEVELOPMENT CENTER INC, founded in 2017, is a small nonprofit in the Education sector that reported $274K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $71K, a strong 26% operating margin.

Mission

EDDLEMON'S PROGRAMS SEEK TO ENCOURAGE A CHILD'S HEALTHY SELF-IMAGE, LEARNING THROUGH PARTICIPATION, AND BUILDING A FOUNDATION THAT WILL HELP A CHILD FOR A LIFETIME.

Program Service Accomplishments

Program 1
Expenses: $186,089 Revenue: $100,765

EDDLEMON PROVIDES DAY CARE AND AFTER SCHOOL CARE SERVICES FOCUSING ON AGE APPROPRIATE CHRISTIAN CURRICULUM FOR 23 STUDENTS THAT RANGE IN AGE FROM 2 TO 8TH GRADE SO THAT PARENTS CAN WORK OUTSIDE THE...

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EDDLEMON PROVIDES DAY CARE AND AFTER SCHOOL CARE SERVICES FOCUSING ON AGE APPROPRIATE CHRISTIAN CURRICULUM FOR 23 STUDENTS THAT RANGE IN AGE FROM 2 TO 8TH GRADE SO THAT PARENTS CAN WORK OUTSIDE THE HOME.

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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 $173,564
Program Service Revenue $100,765
Investment Income $0
Other Revenue $0
TOTAL REVENUE $274,329

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,022
Fundraising Expenses $0
Program Expenses $186,089
Other Expenses $58,479
TOTAL EXPENSES $203,501

Year-over-Year Comparison

2023 2022 Change
Revenue $274,329 $499,105 -0.5%
Expenses $203,501 $179,126 +0.1%
Net Income $70,828 $319,979 -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

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Governance

Voting Members
4
Independent Members
2
Employees
13
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
4
$43,275
Total Directors
5
$43,275
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOLANDA STALEY CDC DIRECTOR 40.00
Officer Director
$40,755 $0 $40,755
JENNIFER SPEARS TREASURER 5.00
Officer Director
$2,520 $0 $2,520
KIM KEGLER CHAIR 1.00
Officer Director
$0 $0 $0
MEGGAN KNIGHT SECRETARY TH 1.00
Officer Director
$0 $0 $0
ADEYANJU OKUNGBOWA DIRECTOR 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $274,329 $203,501 $600,744 $70,828
2022 $499,105 $179,126 $531,843 $319,979
2021 $301,231 $146,504 $211,468 $154,727
2020 $150,899 $121,963 $55,935 $28,936
2019 $117,488 $148,309 $26,156 $-30,821
2018 $154,850 $173,492 $57,489 $-18,642
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