GROWING PATCH CHILDCARE LEARNING CENTER INC (EIN 883064949) - 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

ASHLEY DOUGLAS

Phone

8127602757

Tax Period

2024-01-01 to 2024-12-31

GROWING PATCH CHILDCARE LEARNING CENTER INC, founded in 2022, is a small nonprofit in the Education sector that reported $291K in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum.

Mission

PROVIDING CHILDCARE & EDUCATIONAL DEVELOPMENT TO THE CHILDREN OF GIBSON COUNTY AND SURROUNDING AREAS. FUNDRAISING WILL BE CONDUCTED TO HELP PAY TUITION FOR CHILDREN TO ATTEND WHO CAN'T AFFORD IT. INCOME WILL BE USED TO FURTHER INVEST IN CHILDHOOD DEVELOPMENT IN OUR COMMUNITY.

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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 $14,500

Program Service Revenue $276,241

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,735

Fundraising Expenses $0

Program Expenses $291,251

Other Expenses $71,516

TOTAL EXPENSES $291,251

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,741	$126,700	+1.3%
Expenses	$291,251	$125,048	+1.3%
Net Income	$-510	$1,652	-1.3%

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

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

$83,817

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY DOUGLAS	PRESIDENT	40.00	Officer	$46,523	$0	$46,523
TARA GLOMSKI	VICE PRESIDE	40.00	Officer	$37,294	$0	$37,294
KAREN BOXELL	TREASURER	N/A	Officer	$0	$0	$0
MEGAN MCCLELLAN	SECRETARY	N/A	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
2024	$290,741	$291,251	$3,402	$-510
2023	$126,700	$125,048	$222	$1,652

GROWING PATCH CHILDCARE LEARNING CENTER INC