Civic Intelligence

Carroll Child Care Centers Inc.

990 • Fiscal year 2019 • EIN 52-0890366

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 31, 2019

P O Box 1382Westminster, MD 21158

(410) 840-7925

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

50th percentile

3.5%

Higher net margin than 50% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$50,232

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

35th percentile

-5.0%

Faster asset growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

9.9%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$339,953

Down $18,023 (-5.0%) from 2018

Net Assets

Down

$222,138

Down $8,902 (-3.9%) from 2018

Liabilities

Down

$117,815

Down $9,121 (-7.2%) from 2018

Revenue

Up

$477,069

Up $42,960 (+9.9%) from 2018

Expenses

Down

$460,448

Down $24,369 (-5.0%) from 2018

Net Income

Up

$16,621

Up $67,329 (+133%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2011: $258,789Liabilities 2011: $112,454Net Assets 2011: $146,3352011Assets 2012: $83,191Liabilities 2012: $108,167Net Assets 2012: -$24,9762012Assets 2013: $110,309Liabilities 2013: $141,079Net Assets 2013: -$30,7702013Assets 2014: $192,567Liabilities 2014: $136,910Net Assets 2014: $55,6572014Assets 2015: $257,993Liabilities 2015: $123,425Net Assets 2015: $134,5682015Assets 2016: $458,274Liabilities 2016: $114,997Net Assets 2016: $343,2772016Assets 2017: $425,010Liabilities 2017: $117,936Net Assets 2017: $307,0742017Assets 2018: $357,976Liabilities 2018: $126,936Net Assets 2018: $231,0402018Assets 2019: $339,953Liabilities 2019: $117,815Net Assets 2019: $222,1382019Assets 2020: $329,064Liabilities 2020: $190,989Net Assets 2020: $138,0752020Assets 2021: $475,565Liabilities 2021: $198,764Net Assets 2021: $276,8012021Assets 2022: $551,601Liabilities 2022: $127,690Net Assets 2022: $423,9112022Assets 2023: $505,897Liabilities 2023: $125,440Net Assets 2023: $380,4572023Assets 2024: $306,381Liabilities 2024: $38,345Net Assets 2024: $268,0362024

Highlighted filing

2019

Assets$339,953
Liabilities$117,815
Net Assets$222,138

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $490,8672011Expenses 2012: $498,0072012Expenses 2013: $380,4032013Revenue 2014: $437,244Expenses 2014: $350,817Net Income 2014: $86,4272014Revenue 2015: $472,044Expenses 2015: $393,133Net Income 2015: $78,9112015Revenue 2016: $484,448Expenses 2016: $493,273Net Income 2016: -$8,8252016Revenue 2017: $492,859Expenses 2017: $503,932Net Income 2017: -$11,0732017Revenue 2018: $434,109Expenses 2018: $484,817Net Income 2018: -$50,7082018Revenue 2019: $477,069Expenses 2019: $460,448Net Income 2019: $16,6212019Revenue 2020: $343,633Expenses 2020: $448,784Net Income 2020: -$105,1512020Revenue 2021: $596,857Expenses 2021: $439,223Net Income 2021: $157,6342021Revenue 2022: $669,518Expenses 2022: $490,843Net Income 2022: $178,6752022Revenue 2023: $582,490Expenses 2023: $602,681Net Income 2023: -$20,1912023Revenue 2024: $530,473Expenses 2024: $707,590Net Income 2024: -$177,1172024

Highlighted filing

2019

Revenue$477,069
Expenses$460,448
Net Income$16,621
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 31, 2019
Return Version
2018v3.1
Gross Receipts
$478,571
Mission and Program Overview

Mission

Our non-profit program serves families of all income levels by offering a healthy environment in which children can discover, learn & grow. We support the growth and development of the whole child including his/her physical/health, cognitive, social/emotional and language and literacy development. We view physical and health development as inclusive of good nutrition and quality large motor play. Healthy children are more successful and engaged learners and demonstrate school readiness attributes. We're among the most affordable, convenient and credentialed pre-k education and day care programs in the region, and one of the few to offer subsidized tuition for qualifying families. Our low tuition rates cover nearly all program costs, including food.

To provide affordable, convenient, and credentialed day care services and preschool education to children from 6 weeks to 6 years old in carroll county, maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$129,238$145,993▲ $16,755
Land, Buildings, and Equipment, Net$35,773$39,713▲ $3,940
Cash and Non-Interest-Bearing Accounts$22,081$10,962▼ $11,119
Accounts Receivable$3,808$1,732▼ $2,076
Total Assets$357,976$339,953▼ $18,023
Other Assets Total$167,076$141,553▼ $25,523
Liabilities
Other Liabilities$104,131$94,808▼ $9,323
Accounts Payable and Accrued Expenses$22,805$23,007▲ $202
Total Liabilities$126,936$117,815▼ $9,121
Net Assets / Fund Balance
Temporarily Rstr Net Assets$188,909$168,486▼ $20,423
Unrestricted Net Assets$42,131$53,652▲ $11,521
Total Net Assets Fund Balance$231,040$222,138▼ $8,902
Total Liabilities and Net Assets / Fund Balance$357,976$339,953▼ $18,023

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$32,688$26,378$59,066
Equipment$7,025$32,899$39,924
Other Assets Org$141,553--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kara McfallsExecutive DiFT$50,232$50,232

Board Members and Trustees

NameTitle
Matt KeeferChairman
Eileen RamboVice Chair
Michelle ShepardDirector
Randy SwainDirector
Sam GreenholtzDirector
Sonya HandDirector
Rebecca EichelbergerExecutive Di
Robert DunnOfficer-at-l
Gina HaynieSecretary
Robin PicansoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$40,501
Program Service Revenue
$435,395
Investment Income
$-869
Other Revenue
$2,042
All Other Contributions
$40,501
Change in Net Assets
$16,621

Audited Revenue Reconciliation

Revenue per Audited Statements
$477,069
Revenue Not Reported on Form 990
$2,779
Total Revenue per Audited Statements
$479,848
Total Revenue per Form 990
$477,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$359,934
Other Expenses$100,514
Total Fundraising Expense$10,951
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$275,074$10,449-$285,523
Current Officers, Directors, Trustees, and Key Employees$14,720$24,534$9,814$49,068
Payroll Taxes$21,950$2,650$743$25,343
Occupancy$12,029$1,396-$13,425
Fees for Services Accounting-$10,860-$10,860
Insurance$8,721$1,053$295$10,069
Office Expenses$7,092$2,366-$9,458
All Other Expenses$4,320$1,326-$5,646
Depreciation Depletion$5,095--$5,095
Advertising$2,940$944-$3,884
Fees for Services Other$2,922$853$99$3,874
Other Expenses$2,833--$2,833
Information Technology$1,665$555-$2,220
Total Functional Expenses$392,511$56,986$10,951$460,448

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$488,750
Expenses per Audited Statements$460,448
Total Expenses per Form 990$460,448
Expenses Not Reported on Form 990$28,302
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,630
Fundraising Direct Expenses$355
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rent Payable$83,238
Deposits Received$10,436
Prepaid Tuition$1,134
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
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

The finance director and the finance committee review the 990. The finance committee chair then presents the draft 990 to the board for approval.

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

Although there is no annual review, it is the expectation that any potential conflict of interest should be brought immediately to the board's attention. Also, before installation, the board of directors will investigate any conflict of interest that might pertain to an applicant. A conflict of interest may be disclosed by an applicant during his/her interview with the board chair, as well as when submitting their applicant profile to the board officers and directors.

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

No compensation is given to the officers or directors of the board. Management compensation is dependent upon market rate for the position, years of experience and education and is determined by the board. Bonuses for the executive director is determined by the executive committee based on achievement of set goals.

Form 990, Page 6, Part VI, Line 19

Copies of the organization's governing documents and financial statements are kept on file in the administration office and are available upon request.

Filing and Contact Details

Filer

Filer Name
Carroll Child Care Centers Inc
EIN
52-0890366
Phone
4108407925
Address
P O BOX 1382, WESTMINSTER, MD 21158
Doing Business As
Carroll Child Care and Learning

Signing Officer

Name
Randy Swain
Title
Chairman
Phone
4108407925
Signed
2019-12-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Swain
Formed
1969
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
32
Volunteers
25

Preparer

Firm
Brown Schultz Sheridan & Fritz
Address
205 EAST MAIN STREET, WESTMINSTER, MD 21157
Preparer
Wanda K Lynn CPA
Phone
4108763990
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Carroll child care and learning center

FORM 990 - ORGANIZATION'S MISSION

Our non-profit program serves families of all income levels by offering a healthy environment in which children can discover, learn & grow. We support the growth and development of the whole child including his/her physical/health, cognitive, social/emotional and language and literacy development. We view physical and health development as inclusive of good nutrition and quality large motor play. Healthy children are more successful and engaged learners and demonstrate school readiness attributes. We're among the most affordable, convenient and credentialed pre-k education and day care programs in the region, and one of the few to offer subsidized tuition for qualifying families. Our low tuition rates cover nearly all program costs, including food.

Form 990, Page 2, Part III, Line 4A

Carroll child care centers, inc. Is located at 224 north center street, westminster, md 21157. Over the years, the center has enjoyed serving families from the local community, as well as surrounding counties and portions of southern pennsylvania. Dedicated to its mission, carroll child care center is open weekdays throughout the year, 6:30am to 6pm. Carroll child care centers' mission is to serve families of all income levels by offering a healthy environment in which children can discover, learn, and grow. In doing so, the center strives to meet several goals: -provide tuition relief for financially challenged families by way of the sliding scale tuition relief program -participate in the child adult care food program (cacfp) allowing the center to serve breakfast, lunch, and one snack daily to all students at no additional cost to families. Approximately 14,000 breakfast and lunches and 7,700 snacks were served. Children try new kinds of fruits, vegetables, proteins, and grains, including papaya, asparagus, salmon, and quinoa. Baby food is home-made from the fresh fruits and vegetables served. No additional sugar or preservatives are included. -immerse every child in an enriched, developmentally appropriate learning environment by utilizing maryland state department of education (msde) curricula and maintaining the highest msde accreditation and msde excels (level 5) credentials. In the 2019 fiscal year, carroll child care centers provided early education and care for a total of 68 students. Of these children, 11 participated in the center's sliding scale tuition relief program. This program is designed to provide affordable, quality education and child care for families living at or below 300% of the federal poverty standard by offering varying levels of tuition subsidies. Although open to any qualifying family, the target population of sliding scale tuition relief falls between the gap of state assistance and financial self-sufficiency. During the fiscal year, 4 students utilized weekly tuition subsidies and an additional 2 students benefitted from receiving short term financial assistance. The sliding scale tuition relief program is funded primarily through community donations and grant awards. All restricted funds are used for tuition subsidies and therefore have a tangible, positive impact on each participating family. Children receive a wonderful, nurturing environment for their early education and care needs, while parents obtain the opportunity to seek and maintain gainful employment. Supporting the sliding scale tuition relief program directly assists families in their desire to achieve financial stability.

Form 990, Part XI, Line 9

Losses reported on return -1,147 fundraising expenses 355 loss on asset disposition 1,147 fundraising expenses -355

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is incorporated under the laws of the state of maryland as a nonprofit organization. The organization has elected under provisions of internal revenue code section 501(c)(3) and state income tax statutes to be excluded from taxes on exempt function income. Therefore, no provision is made for taxes on income.

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

Fundraising expenses 355 loss on asset disposition 1,147

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

FUNDRAISING EXPENSES 355

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IRS990/Desc0CARROLL CHILD CARE CENTERS, INC. IS LOCATED AT 224 NORTH CENTER STREET, WESTMINSTER, MD 21157. OVER THE YEARS, THE CENTER HAS ENJOYED SERVING FAMILIES FROM THE LOCAL COMMUNITY, AS WELL AS SURROUNDING COUNTIES AND PORTIONS OF SOUTHERN PENNSYLVANIA. DEDICATED TO ITS MISSION, CARROLL CHILD CARE CENTER IS OPEN WEEKDAYS THROUGHOUT THE YEAR, 6:30AM TO 6PM. CARROLL CHILD CARE CENTERS' MISSION IS TO SERVE FAMILIES OF ALL INCOME LEVELS BY OFFERING A HEALTHY ENVIRONMENT IN WHICH CHILDREN CAN DISCOVER, LEARN, AND GROW. IN DOING SO, THE CENTER STRIVES TO MEET SEVERAL GOALS: -PROVIDE TUITION RELIEF FOR FINANCIALLY CHALLENGED FAMILIES BY WAY OF THE SLIDING SCALE TUITION RELIEF PROGRAM -PARTICIPATE IN THE CHILD ADULT CARE FOOD PROGRAM (CACFP) ALLOWING THE CENTER TO SERVE BREAKFAST, LUNCH, AND ONE SNACK DAILY TO ALL STUDENTS AT NO ADDITIONAL COST TO FAMILIES. APPROXIMATELY 14,000 BREAKFAST AND LUNCHES AND 7,700 SNACKS WERE SERVED. CHILDREN TRY NEW KINDS OF FRUITS, VEGETABLES, PROTEINS, AND GRAINS, INCLUDING PAPAYA, ASPARAGUS, SALMON, AND QUINOA. BABY FOOD IS HOME-MADE FROM THE FRESH FRUITS AND VEGETABLES SERVED. NO ADDITIONAL SUGAR OR PRESERVATIVES ARE INCLUDED. -IMMERSE EVERY CHILD IN AN ENRICHED, DEVELOPMENTALLY APPROPRIATE LEARNING ENVIRONMENT BY UTILIZING MARYLAND STATE DEPARTMENT OF EDUCATION (MSDE) CURRICULA AND MAINTAINING THE HIGHEST MSDE ACCREDITATION AND MSDE EXCELS (LEVEL 5) CREDENTIALS. IN THE 2019 FISCAL YEAR, CARROLL CHILD CARE CENTERS PROVIDED EARLY EDUCATION AND CARE FOR A TOTAL OF 68 STUDENTS. OF THESE CHILDREN, 11 PARTICIPATED IN THE CENTER'S SLIDING SCALE TUITION RELIEF PROGRAM. THIS PROGRAM IS DESIGNED TO PROVIDE AFFORDABLE, QUALITY EDUCATION AND CHILD CARE FOR FAMILIES LIVING AT OR BELOW 300% OF THE FEDERAL POVERTY STANDARD BY OFFERING VARYING LEVELS OF TUITION SUBSIDIES. ALTHOUGH OPEN TO ANY QUALIFYING FAMILY, THE TARGET POPULATION OF SLIDING SCALE TUITION RELIEF FALLS BETWEEN THE GAP OF STATE ASSISTANCE AND FINANCIAL SELF-SUFFICIENCY. DURING THE FISCAL YEAR, 4 STUDENTS UTILIZED WEEKLY TUITION SUBSIDIES AND AN ADDITIONAL 2 STUDENTS BENEFITTED FROM RECEIVING SHORT TERM FINANCIAL ASSISTANCE. THE SLIDING SCALE TUITION RELIEF PROGRAM IS FUNDED PRIMARILY THROUGH COMMUNITY DONATIONS AND GRANT AWARDS. ALL RESTRICTED FUNDS ARE USED FOR TUITION SUBSIDIES AND THEREFORE HAVE A TANGIBLE, POSITIVE IMPACT ON EACH PARTICIPATING FAMILY. CHILDREN RECEIVE A WONDERFUL, NURTURING ENVIRONMENT FOR THEIR EARLY EDUCATION AND CARE NEEDS, WHILE PARENTS OBTAIN THE OPPORTUNITY TO SEEK AND MAINTAIN GAINFUL EMPLOYMENT. SUPPORTING THE SLIDING SCALE TUITION RELIEF PROGRAM DIRECTLY ASSISTS FAMILIES IN THEIR DESIRE TO ACHIEVE FINANCIAL STABILITY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4OFFICER-AT-L
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0145993
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 370
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt046800
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0278
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0194
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0426134
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.38$2.68$5.30$7.08$1.77
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$1.25$3.80$5.82$6.03$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$1.28$4.24$6.70$4.91$1.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$1.99$2.77$5.97$4.39$1.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$1.91$1.38$3.44$4.49$1.05
2019Detailed filing. Detailed filing data is available for this year.$3.40$1.18$2.22$4.77$4.60$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$1.27$2.31$4.34$4.85$0.51
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$1.18$3.07$4.93$5.04$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.58$1.15$3.43$4.84$4.93$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.58$1.23$1.35$4.72$3.93$0.79
2014Detailed filing. Detailed filing data is available for this year.$1.93$1.37$0.56$4.37$3.51$0.86
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.41$0.31$3.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$1.08$0.25$4.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$1.12$1.46$4.91