DEVELOPMENTAL LEARNING CENTER INC (EIN 920376681) - 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

Principal Officer

HEATHER R COREY

Phone

9043870370

Tax Period

2024-07-01 to 2025-06-30

DEVELOPMENTAL LEARNING CENTER INC is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE YEAR ROUND, HIGH-QUALITY EDUCATION, NURSING CARE AND THERAPIES IN AN ENVIRONMENT FOR CHILDREN OF ALL ABILITIES, WITH DIGNITY, WHILE GIVING FAMILIES THE ABILITY TO BECOME FINANCIALLY INDEPENDENT AND CHILDREN THE OPPORTUNITY TO REACH THEIR MAXIMUM POTENTIAL.

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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 $574,661

Program Service Revenue $530,810

Investment Income $11,533

Other Revenue $6,762

TOTAL REVENUE $1,123,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,121,682

Fundraising Expenses $2,447

Program Expenses $1,253,801

Other Expenses $209,990

TOTAL EXPENSES $1,331,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,123,766	$1,008,869	+0.1%
Expenses	$1,331,672	$1,422,828	-0.1%
Net Income	$-207,906	$-413,959	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER R COREY	CEO	45.00	Officer	$0	$0	$0
AARON NOLES	PRESIDENT	5.00	Officer Director	$0	$0	$0
CHRIS GABBARD	SECRETARY	1.00	Officer Director	$0	$0	$0
DEBRA DEPTO HOFFMAN	MEMBER	1.00	Director	$0	$0	$0
JOE HONEYCUTT	MEMBER	1.00	Director	$0	$0	$0
ELLEN LIGHT	MEMBER	1.00	Director	$0	$0	$0
KAREN GIDDENS	MEMBER	1.00	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	$1,123,766	$1,331,672	$574,665	$-207,906
2024	$1,008,869	$1,422,828	$783,758	$-413,959
2023	$91,177	$91,177	No data	No data

DEVELOPMENTAL LEARNING CENTER INC