Childrens Center at Burke Gilman Gardens

EIN: 943125410 501(c)(3) Unknown

Seattle, WA

Total Revenue
$3,260,305
Total Expenses
$1,539,816
Total Assets
$4,508,883
Net Assets
$2,742,487
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
WA
Principal Officer
Jennifer Kelty
Phone
2067290399
Tax Period
2024-01-01 to 2024-12-31

Childrens Center at Burke Gilman Gardens, founded in 2007, is a community nonprofit in the Unknown sector that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 53% operating margin.

Mission

The Children's Center is committed to helping children of all backgrounds grow into enthusiastic, kind and confident learners by providing a broad curriculum designed to enhance their social, physical and cognitive development. The Children's Center offers a nurturing environment, an excellent staff, and an innovative program to meet the needs of children, families, and our community.

Program Service Accomplishments

Program 1
Expenses: $1,429,779 Revenue: $1,572,691

The Children's Center (TCC) is committed to helping children grow into enthusiastic, kind, and confident learners by providing a broad curriculum designed to enhance their social, physical, and...

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The Children's Center (TCC) is committed to helping children grow into enthusiastic, kind, and confident learners by providing a broad curriculum designed to enhance their social, physical, and cognitive development. With our innovative program and nurturing environment, we strive to make a positive impact on the lives of our families and those in our community. TCC opened in 1998 to provide inclusive childcare and early learning programs for the community. We prioritize families experiencing homelessness or living in transitional housing, families with foster children, families living in Burke Gilman Gardens and other subsidized housing in the PDA area in which we are located, immigrant and refugee families, and children with disabilities. We offer free respite care for families in crisis, and partner with several local agencies to provide these services. We place no limit on enrollment for families receiving childcare subsidies and offer additional private scholarships for families in need.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,671,152
Program Service Revenue $1,572,691
Investment Income $16,462
Other Revenue $0
TOTAL REVENUE $3,260,305

Expense Breakdown

Grants Paid $90,977
Salaries & Benefits $1,107,513
Fundraising Expenses $10,407
Program Expenses $1,429,779
Other Expenses $341,326
TOTAL EXPENSES $1,539,816

Year-over-Year Comparison

2024 2023 Change
Revenue $3,260,305 $1,542,208 +1.1%
Expenses $1,539,816 $1,478,830 +0.0%
Net Income $1,720,489 $63,378 +26.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
28
Volunteers
20

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
4
$143,661
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Kelty Executive Director 40
Officer
$136,564 $7,097 $143,661
Jessica Gonzalez President 1
Officer Director
$0 $0 $0
Andrea Lewis Vice President 1
Officer Director
$0 $0 $0
Breanne Buckley Treasurer 1
Officer Director
$0 $0 $0
Gina Copping Director 1
Director
$0 $0 $0
Whitney White Director 1
Director
$0 $0 $0
Kerala Cowart Director, Immediate Past President 1
Director
$0 $0 $0
Gabe Stephens Director 1
Director
$0 $0 $0
Kimberly Humphries Director 1
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
2024 $3,260,305 $1,539,816 $4,508,883 $1,720,489
2023 $1,542,208 $1,478,830 $1,202,214 $63,378
2022 $1,511,417 $1,334,082 $1,150,114 $177,335
2021 $1,517,465 $1,288,835 $943,145 $228,630
2020 $1,129,494 $1,102,671 $826,821 $26,823
2019 $1,153,447 $1,126,222 $639,597 $27,225
2018 $1,080,081 $1,050,152 $612,715 $29,929
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