Civic Intelligence

Children'S Corner Day Care

EIN 14-1728617 • 501(c)3 • Albany, NY

Profile

Provides quality care and instruction to children.

PO Box 7321Albany, NY 12224-0321

www.childrenscorner.nysed.gov

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

31st percentile

-4.4%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$44,889

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

30th percentile

-6.6%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $137,503 (-100%) from 2015

Liabilities

Down

$0

Down $38,598 (-100%) from 2015

Net Assets

Down

$0

Down $98,905 (-100%) from 2015

Revenue

Down

$531,158

Down $37,646 (-6.6%) from 2015

Expenses

Down

$554,733

Down $35,957 (-6.1%) from 2015

Net Income

Down

-$23,575

Down $1,689 (-7.7%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $150,407Liabilities 2011: $39,236Net Assets 2011: $111,1712011Assets 2012: $161,066Liabilities 2012: $41,855Net Assets 2012: $119,2112012Assets 2013: $142,214Liabilities 2013: $42,017Net Assets 2013: $100,1972013Assets 2014: $158,764Liabilities 2014: $37,973Net Assets 2014: $120,7912014Assets 2015: $137,503Liabilities 2015: $38,598Net Assets 2015: $98,9052015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $577,700Expenses 2011: $588,127Net Income 2011: -$10,4272011Expenses 2012: $561,9922012Expenses 2013: $610,2072013Revenue 2014: $629,733Expenses 2014: $609,139Net Income 2014: $20,5942014Revenue 2015: $568,804Expenses 2015: $590,690Net Income 2015: -$21,8862015Revenue 2016: $531,158Expenses 2016: $554,733Net Income 2016: -$23,5752016

Highlighted filing

2016

Revenue$531,158
Expenses$554,733
Net Income-$23,575

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Jul 31, 2016
Signed
Jan 19, 2017
Return Version
2015v3.0
Gross Receipts
$531,551
Mission and Program Overview

Mission

Provides quality care and instruction to children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$75,130--
Accounts Receivable$53,007--
Land, Buildings, and Equipment, Net$9,158--
Prepaid Expenses and Deferred Charges$208--
Total Assets$137,503$0▼ $137,503
Liabilities
Accounts Payable and Accrued Expenses$26,914--
Other Liabilities$11,684--
Total Liabilities$38,598$0▼ $38,598
Net Assets / Fund Balance
Unrestricted Net Assets$98,905--
Total Net Assets Fund Balance$98,905$0▼ $98,905
Total Liabilities and Net Assets / Fund Balance$137,503$0▼ $137,503
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lorraine GarafolaExecutive DiFT$44,889$44,889

Board Members and Trustees

NameTitle
Wendy Dury-samsonActing Chair
Chrysanthe CholakisBoard Member
Damita KarlquistBoard Member
Dawn HarringtonBoard Member
Lynette PannucciBoard Member
Mary SappBoard Member
Tamar S VolansBoard Member
Vanessa BongiornoBoard Member
Meg McniffProgram Chai
Revenue and Support

Revenue Composition

Contributions and Grants
$14,366
Program Service Revenue
$514,937
Investment Income
$59
Other Revenue
$1,796
All Other Contributions
$13,526
Change in Net Assets
$-23,575

Audited Revenue Reconciliation

Revenue per Audited Statements
$531,158
Revenue Not Reported on Form 990
$132,436
Total Revenue per Audited Statements
$663,594
Total Revenue per Form 990
$531,158
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$432,092
Other Expenses$122,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$319,202$28,436-$347,638
Current Officers, Directors, Trustees, and Key Employees$11,222$33,667-$44,889
Payroll Taxes$24,554$4,499-$29,053
Fees for Services Other-$21,444-$21,444
Other Employee Benefits$10,512--$10,512
Other Expenses$9,517$13,084-$9,517
All Other Expenses$8,898--$8,898
Fees for Services Accounting-$7,350-$7,350
Insurance$5,291--$5,291
Conferences and Meetings$3,139--$3,139
Depreciation Depletion$2,323--$2,323
Advertising-$840-$840
Office Expenses-$559-$559
Total Functional Expenses$444,854$109,879$0$554,733

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$762,499
Expenses per Audited Statements$554,733
Total Expenses per Form 990$554,733
Expenses Not Reported on Form 990$207,766
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,098
Fundraising Direct Expenses$393
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Bookkeeper, executive director and board officers review the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annual conflict of interest update form is signed by all board members. Key employees are not covered.

Form 990, Page 6, Part VI, Line 15A

Compensation of executive director and other officers were initially based on salary study, and annual raises have been granted as approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
CHILDREN'S CORNER DAY CARE
EIN
14-1728617
Phone
5184742918
Address
PO BOX 7321, ALBANY, NY 12224-0321

Signing Officer

Name
Wendy Dury-samson
Title
Acting Chair
Phone
5184742918
Signed
2017-01-19

Organization Details

Principal Officer
Wendy Dury-samson
Formed
1985
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
28

Preparer

Firm
ALEXANDER W CRUDEN & CO CPA'S
Address
12 CORPORATE WOODS BLVD, ALBANY, NY 12211-2523
Preparer
Alex W Cruden CPA
Phone
5184624556
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expense 393 fundraising expenses -393 contributed net assets -75,330 total -75,330

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

FUNDRAISING EXPENSE 393

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 393 contributed net assets 75,330

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0553287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02837026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0186
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0210
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0295
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01125
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt03578757
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0643367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0715479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0771035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0734969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0713907
IRS990ScheduleA/Total509Grp/TotalAmt03578757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0643426
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0715665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0771245
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0735264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0714282
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03579882
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0132043
IRS990ScheduleD/DonatedServicesUseFcltsAmt0132043
IRS990ScheduleD/ExpensesNotReportedAmt0207766
IRS990ScheduleD/ExpensesSubtotalAmt0554733
IRS990ScheduleD/OtherExpensesIncludedAmt075723
IRS990ScheduleD/OtherRevenueAmt0393
IRS990ScheduleD/RevenueNotReportedAmt0132436
IRS990ScheduleD/RevenueSubtotalAmt0531158
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSE 393
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 393 CONTRIBUTED NET ASSETS 75,330
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0554733
IRS990ScheduleD/TotalRevenuePerForm990Amt0531158
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0663594
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0762499
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CLASSROOM EQUIPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CLASSROOM FURNITURE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2IMPROVEMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3KITCHEN EQUIPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4RENOVATIONS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02016-07-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12016-07-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22016-07-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32016-07-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt42016-07-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0222714874
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1222714874
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2222714874
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3222714874
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN4222714874
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt09219
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt146254
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt22610
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt313293
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt4178195
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt4BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0CHILDREN'S PLACE AT THE PLAZA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1CHILDREN'S PLACE AT THE PLAZA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2CHILDREN'S PLACE AT THE PLAZA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm3CHILDREN'S PLACE AT THE PLAZA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm4CHILDREN'S PLACE AT THE PLAZA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 2102
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1PO BOX 2102
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2PO BOX 2102
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3PO BOX 2102
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt4PO BOX 2102
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ALBANY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1ALBANY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2ALBANY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3ALBANY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4ALBANY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd012220
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd112220
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd212220
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd312220
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd412220
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKKEEPER, EXECUTIVE DIRECTOR AND BOARD OFFICERS REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL CONFLICT OF INTEREST UPDATE FORM IS SIGNED BY ALL BOARD MEMBERS. KEY EMPLOYEES ARE NOT COVERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF EXECUTIVE DIRECTOR AND OTHER OFFICERS WERE INITIALLY BASED ON SALARY STUDY, AND ANNUAL RAISES HAVE BEEN GRANTED AS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING EXPENSE 393 FUNDRAISING EXPENSES -393 CONTRIBUTED NET ASSETS -75,330 TOTAL -75,330
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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