CENTER OF IMAGINATION CHILDCARE MINISTRIES INC

EIN: 852621297 501(c)(3) Education

Indianapolis, IN

Total Revenue
$2,245,500
Total Expenses
$2,763,502
Total Assets
$851,285
Net Assets
$577,630
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IN
Principal Officer
Timika A Jackson
Phone
3172208500
Tax Period
2023-01-01 to 2023-12-31

CENTER OF IMAGINATION CHILDCARE MINISTRIES INC, founded in 2020, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $2.8M exceeded revenue, resulting in a 23% operating deficit.

Mission

We are a licenced childcare provider throught the state of Indiana our biggest accomplishment in 2021 was our merge and stating a new program which gave us 2 locations in 2021

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,245,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,245,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,848,436
Fundraising Expenses $0
Other Expenses $915,066
TOTAL EXPENSES $2,763,502

Year-over-Year Comparison

2023 2022 Change
Revenue $2,245,500 $1,870,097 +0.2%
Expenses $2,763,502 $2,185,921 +0.3%
Net Income $-518,002 $-315,824 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timika Jackson PRESIDENT 060.00
Officer
$0 $0 $0
Adrienne Johnson VICE PRESIDENT 060.00
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
2023 $2,245,500 $2,763,502 $851,285 $-518,002
2022 $1,870,097 $2,185,921 $852,683 $-315,824
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CENTER OF IMAGINATION CHILDCARE MINISTRIES INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.