FOUNDATIONS COMMUNITY CHILDCARE INC (EIN 880712219) - 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

2022

Legal Domicile

Principal Officer

JOANN WATSON

Phone

4196549299

Tax Period

2023-01-01 to 2023-12-31

FOUNDATIONS COMMUNITY CHILDCARE INC, founded in 2022, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 3867% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 99% operating margin.

Mission

FOUNDATIONS COMMUNITY CHILDCARE WILL FOSTER A NURTURING ENVIRONMENT OF RESPECT AND TRUST AS CHILDREN LEARN AND GROW THROUGH DEVELOPMENTALLY AGE- APPROPRIATE ACTIVITIES AND PROGRAMS THAT SUPPORT EMOTIONAL, SOCIAL, AND PHYSICAL HEALTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,865,472

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,865,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,159

Other Expenses $26,159

TOTAL EXPENSES $26,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,865,472	$72,230	+38.7%
Expenses	$26,159	$1,079	+23.2%
Net Income	$2,839,313	$71,151	+38.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDY BARONE	TREASURER	1.00	Officer Director	$0	$0	$0
TIM BATHOLOMEW	TRUSTEE	1.00	Director	$0	$0	$0
SHANNON DONELSON	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS DYER	TRUSEE	1.00	Director	$0	$0	$0
MARIBETH ECKERT	TRUSTEE	1.00	Director	$0	$0	$0
EMILY GRIMM	TRUSTEE	1.00	Director	$0	$0	$0
MARILYN HARSHMAN	TRUSTEE	1.00	Director	$0	$0	$0
ERIN KICK	TRUSTEE	1.00	Director	$0	$0	$0
BARBIE LANGE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DAN LAWSON	TRUSTEE	1.00	Director	$0	$0	$0
SANDRA TUNNELL	TRUSTEE	1.00	Director	$0	$0	$0
BRENDA USELTON	SECRETARY	1.00	Officer Director	$0	$0	$0
JOANN WATSON	PRESIDENT	10.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,865,472	$26,159	$2,910,464	$2,839,313

FOUNDATIONS COMMUNITY CHILDCARE INC