Discovery Time II Child Care Ministry Inc (EIN 844912628) - 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

2020

Legal Domicile

Principal Officer

Joshua Kornberg

Phone

8129447529

Tax Period

2024-01-01 to 2024-12-31

Discovery Time II Child Care Ministry Inc, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

To provide high quality childcare with a faith based curriculum

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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 $0

Program Service Revenue $1,323,219

Investment Income $5,196

Other Revenue $1,880

TOTAL REVENUE $1,330,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $973,941

Fundraising Expenses $7,800

Program Expenses $1,175,420

Other Expenses $380,876

TOTAL EXPENSES $1,362,317

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,330,295	$1,235,816	+0.1%
Expenses	$1,362,317	$1,474,870	-0.1%
Net Income	$-32,022	$-239,054	-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

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

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

$49,680

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kari Walters	Director	40.00	Officer	$47,680	$0	$47,680
Joshua Kornberg	Administrator	2.00	Officer	$2,000	$0	$2,000
Brandi Muir	Board Secretary	0.25	Director	$0	$0	$0
Brent Rodgers	Board Treasurer	0.25	Director	$0	$0	$0
Shari Dalton	Board Member	0.25	Director	$0	$0	$0
Josh Staten	Board Chairman	1.00	Director	$0	$0	$0
Jamie Longacre	Board Member	0.25	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	$1,330,295	$1,362,317	$164,107	$-32,022
2023	$1,235,816	$1,474,870	$199,451	$-239,054
2022	$1,402,640	$1,149,214	$421,520	$253,426
2021	$1,098,299	$924,865	$186,560	$173,434

Discovery Time II Child Care Ministry Inc