TOT Time Preschool

EIN: 862062265 501(c)(3) Education

Charlotte, NC

Total Revenue
$481,764
Total Expenses
$430,641
Total Assets
$164,069
Net Assets
$164,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NC
Principal Officer
Thomas M Girdwood
Phone
7042926700
Tax Period
2025-01-01 to 2025-12-31

TOT Time Preschool, founded in 2021, is a small nonprofit in the Education sector that reported $482K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $431K left a modest 11% surplus.

Mission

TOT Time Preschool is a child care and creative learning facility for toddlers through kindergardern. Each childs total development is addressed within a joyful and loving environment. The program is designed to encourage creativity, self-esteem and learning about God and His world.

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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 (2025)

Revenue Breakdown

Contributions & Grants $158,230
Program Service Revenue $323,534
Investment Income $0
Other Revenue $0
TOTAL REVENUE $481,764

Expense Breakdown

Grants Paid $0
Salaries & Benefits $303,596
Fundraising Expenses $0
Program Expenses $227,692
Other Expenses $127,045
TOTAL EXPENSES $430,641

Year-over-Year Comparison

2025 2024 Change
Revenue $481,764 $409,356 +0.2%
Expenses $430,641 $422,225 +0.0%
Net Income $51,123 $-12,869 -5.0%
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
5
Independent Members
5
Employees
27
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
1
$0
Total Directors
5
$41,050
Key Employees
1
$41,050
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sandra R Pierce Board Member 40.00
Director Key Emp
$41,050 $0 $41,050
Jessie F Chadwick Secretary 1.00
Director
$0 $0 $0
Tracy B James Treasurer 1.00
Director
$0 $0 $0
Cody C Keith Board Member 1.00
Director
$0 $0 $0
Ellison C Glenn Board Member 1.00
Director
$0 $0 $0
Thomas M Girdwood Board Chairman 1.00
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
2025 $481,764 $430,641 $164,069 $51,123
2024 $409,356 $422,225 $112,946 $-12,869
2023 $311,274 $225,748 $126,219 $85,526
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