Civic Intelligence

Academy Child Development Center Inc.

EIN 52-1228660 • 501(c)3 • Gaithersburg, MD

Pub. 78 Eligible

Profile

Academy offers the "Building Blocks for Life" philosophy - the foundation from which all learning takes place for the future. Children grow in a nurturing environment that promotes safety and security. When children are guided to live and play together in an atmosphere of mutual respect and support, they develop positive character values. By encouraging creativity, exploration, and discovery children acquire a love of learning and a sense of self. Academy is dedicated to the world's future - its children.

9035 Shady Grove CourtGaithersburg, MD 20877

www.academychild.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.15x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

40th percentile

0.1%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

1.0%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

16%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$2,976,474

Up $30,752 (+1.0%) from 2023

Liabilities

Down

$365,904

Down $69,391 (-16%) from 2023

Net Assets

Up

$2,610,570

Up $100,143 (+4.0%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin40th percentile

Revenue

Up

$2,372,983

Up $321,631 (+16%) from 2023

Expenses

Down

$2,369,666

Down $56,438 (-2.3%) from 2023

Net Income

Up

$3,317

Up $378,069 (+101%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,509,785Liabilities 2011: $904,930Net Assets 2011: $1,604,8552011Assets 2012: $2,477,260Liabilities 2012: $1,072,388Net Assets 2012: $1,404,8722012Assets 2013: $2,583,183Liabilities 2013: $955,984Net Assets 2013: $1,627,1992013Assets 2014: $3,025,032Liabilities 2014: $1,253,258Net Assets 2014: $1,771,7742014Assets 2015: $2,724,805Liabilities 2015: $1,224,499Net Assets 2015: $1,500,3062015Assets 2016: $2,801,575Liabilities 2016: $1,050,103Net Assets 2016: $1,751,4722016Assets 2017: $3,023,381Liabilities 2017: $840,747Net Assets 2017: $2,182,6342017Assets 2018: $2,782,384Liabilities 2018: $797,477Net Assets 2018: $1,984,9072018Assets 2019: $2,985,078Liabilities 2019: $729,349Net Assets 2019: $2,255,7292019Assets 2020: $3,681,624Liabilities 2020: $1,080,640Net Assets 2020: $2,600,9842020Assets 2021: $3,795,656Liabilities 2021: $1,026,115Net Assets 2021: $2,769,5412021Assets 2022: $3,165,630Liabilities 2022: $502,870Net Assets 2022: $2,662,7602022Assets 2023: $2,945,722Liabilities 2023: $435,295Net Assets 2023: $2,510,4272023Assets 2024: $2,976,474Liabilities 2024: $365,904Net Assets 2024: $2,610,5702024

Highlighted filing

2024

Assets$2,976,474
Liabilities$365,904
Net Assets$2,610,570
Open 2024 Filing

Operations Trend

Revenue Growth64th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,488,234Expenses 2011: $3,768,972Net Income 2011: -$280,7382011Revenue 2012: $3,718,133Expenses 2012: $3,918,116Net Income 2012: -$199,9832012Revenue 2013: $4,015,793Expenses 2013: $3,793,466Net Income 2013: $222,3272013Revenue 2014: $3,793,162Expenses 2014: $3,648,587Net Income 2014: $144,5752014Revenue 2015: $3,704,549Expenses 2015: $3,976,017Net Income 2015: -$271,4682015Revenue 2016: $4,421,347Expenses 2016: $4,170,181Net Income 2016: $251,1662016Revenue 2017: $4,329,001Expenses 2017: $4,179,206Net Income 2017: $149,7952017Revenue 2018: $3,897,527Expenses 2018: $4,001,145Net Income 2018: -$103,6182018Revenue 2019: $3,962,026Expenses 2019: $3,832,973Net Income 2019: $129,0532019Revenue 2020: $2,712,181Expenses 2020: $2,518,402Net Income 2020: $193,7792020Revenue 2021: $2,092,286Expenses 2021: $1,888,003Net Income 2021: $204,2832021Revenue 2022: $2,883,578Expenses 2022: $2,575,052Net Income 2022: $308,5262022Revenue 2023: $2,051,352Expenses 2023: $2,426,104Net Income 2023: -$374,7522023Revenue 2024: $2,372,983Expenses 2024: $2,369,666Net Income 2024: $3,3172024

Highlighted filing

2024

Revenue$2,372,983
Expenses$2,369,666
Net Income$3,317
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,976,474
Liabilities
$365,904
Net assets
$2,610,570
Revenue
$2,372,983
Expenses
$2,369,666
Net income
$3,317
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.98$0.37$2.61$2.37$2.37$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.95$0.44$2.51$2.05$2.43$0.37
2022Detailed filing. Detailed filing data is available for this year.$3.17$0.50$2.66$2.88$2.58$0.31
2021Detailed filing. Detailed filing data is available for this year.$3.80$1.03$2.77$2.09$1.89$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.68$1.08$2.60$2.71$2.52$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.99$0.73$2.26$3.96$3.83$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.78$0.80$1.98$3.90$4.00$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.02$0.84$2.18$4.33$4.18$0.15
2016Summary only. Only limited summary data is available for this year.$2.80$1.05$1.75$4.42$4.17$0.25
2015Summary only. Only limited summary data is available for this year.$2.72$1.22$1.50$3.70$3.98$0.27
2014Summary only. Only limited summary data is available for this year.$3.03$1.25$1.77$3.79$3.65$0.14
2013Summary only. Only limited summary data is available for this year.$2.58$0.96$1.63$4.02$3.79$0.22
2012Summary only. Only limited summary data is available for this year.$2.48$1.07$1.40$3.72$3.92$0.20
2011Summary only. Only limited summary data is available for this year.$2.51$0.90$1.60$3.49$3.77$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 23, 2025
Return Version
2024v5.0
Gross Receipts
$2,677,281
Mission and Program Overview

Mission

Academy offers the "Building Blocks for Life" philosophy - the foundation from which all learning takes place for the future. Children grow in a nurturing environment that promotes safety and security. When children are guided to live and play together in an atmosphere of mutual respect and support, they develop positive character values. By encouraging creativity, exploration, and discovery children acquire a love of learning and a sense of self. Academy is dedicated to the world's future - its children.

The academy strives to remain an innovator in the field of educational childcare and preschool-primary school programming. The academy is highly recognized as providing the highest quality level of licensed and monitored childcare and education for children ages 2 months through school-age and for the various cultures and economic backgrounds of the families in montgomery county. The academy's mission and purpose are: to offer developmentally appropriate early childhood/school-age programs; to provide safe, healthy, and reliable childcare options for working parents; to maintain a dedicated, professional staff through competitive salaries, benefits, and ongoing professional development training; to develop and maintain partnerships with parents, staff, community, local, state, and national organizations; to achieve and maintain the highest levels of excels ratings in the state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,510,427$2,610,570▲ $100,143
Investments in Publicly Traded Securities$1,914,842$2,116,472▲ $201,630
Cash and Non-Interest-Bearing Accounts$770,261$605,171▼ $165,090
Land, Buildings, and Equipment, Net$201,578$189,336▼ $12,242
Savings and Temporary Cash Investments$54,258$47,448▼ $6,810
Total Assets$2,945,722$2,976,474▲ $30,752
Other Assets Total$4,783$18,047▲ $13,264
Liabilities
Mortgage Notes Payable Secured by Investment Property$390,657$322,799▼ $67,858
Other Liabilities$44,638$43,105▼ $1,533
Total Liabilities$435,295$365,904▼ $69,391
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,510,427$2,610,570▲ $100,143
Total Liabilities and Net Assets / Fund Balance$2,945,722$2,976,474▲ $30,752

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$186,636$224,526$411,162
Equipment$2,700$69,338$72,038
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lesley Walsh-everhartPresidentFT$113,185$9,357$122,542
Naushaba BokhariDirectorPT$61,292$131$61,423
Debora SullivanDirector-$3,121-$3,121

Board Members and Trustees

NameTitle
Aileen WalshDirector
Jody BurghardtDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$523,584
Program Service Revenue
$1,729,324
Investment Income
$120,075
Other Revenue
$0
Change in Net Assets
$3,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,749,483
Other Expenses$620,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,202,161$190,357-$1,392,518
Current Officers, Directors, Trustees, and Key Employees$93,543$93,543-$187,086
Payroll Taxes$102,153$16,175-$118,328
Occupancy$88,616$14,032-$102,648
Advertising$62,528$9,901-$72,429
Insurance$15,420$37,217-$52,637
Fees for Services Other$40,703$4,107-$44,810
Information Technology$34,701$5,495-$40,196
Other Employee Benefits$26,348$6,276-$32,624
All Other Expenses$18,713$4,987-$23,700
Office Expenses$16,645$2,636-$19,281
Pension Plan Contributions$13,249$5,678-$18,927
Interest$15,792$2,501-$18,293
Fees for Service Investment Mgmnt Fees-$18,053-$18,053
Fees for Services Accounting-$14,165-$14,165
Other Expenses$12,254$2,209-$12,254
Depreciation Depletion$10,569$1,673-$12,242
Conferences and Meetings$6,946--$6,946
Travel$3,794$439-$4,233
Fees for Services Management$3,297$522-$3,819
Fees for Services Legal$437$438-$875
Total Functional Expenses$1,931,276$438,390$0$2,369,666
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Student Security Deposits$22,550
Credit Card Payable$20,555
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
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

“A draft of form 990 is provided to the board of directors a week before its filing.”

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

“The conflict of interest policy is monitored on a constant basis. If a conflict arises, it is typically handled by having the board member recuse themself from the discussion and vote.”

Form 990, Page 6, Part VI, Line 19

“By appointment at offices located at 9035 shady grove court, gaithersburg, md”

Filing and Contact Details

Filer

Filer Name
Academy Child Development Cntr Inc
EIN
52-1228660
Phone
3014246282
Address
9035 SHADY GROVE COURT, GAITHERSBURG, MD 20877

Signing Officer

Name
Lesley Walsh-everhart
Title
President
Phone
3014246282
Signed
2025-10-23

Organization Details

Principal Officer
Lesley Walsh-everhart
Formed
1981
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
2
Employees
51
Volunteers
1

Preparer

Firm
Kullman CPA LLC
Address
888 BESTGATE ROAD SUITE 316, ANNAPOLIS, MD 21401
Preparer
Stephen J Kullman CPA
Phone
4102669885
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The academy strives to remain an innovator in the field of educational childcare and preschool-primary school programming. The academy is highly recognized as providing the highest quality level of licensed and monitored childcare and education for children ages 2 months through school-age and for the various cultures and economic backgrounds of the families in montgomery county. The academy's mission and purpose are: to offer developmentally appropriate early childhood/school-age programs; to provide safe, healthy, and reliable childcare options for working parents; to maintain a dedicated, professional staff through competitive salaries, benefits, and ongoing professional development training; to develop and maintain partnerships with parents, staff, community, local, state, and national organizations; to achieve and maintain the highest levels of excels ratings in the state.”

Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ACADEMY STRIVES TO REMAIN AN INNOVATOR IN THE FIELD OF EDUCATIONAL CHILDCARE AND PRESCHOOL-PRIMARY SCHOOL PROGRAMMING. THE ACADEMY IS HIGHLY RECOGNIZED AS PROVIDING THE HIGHEST QUALITY LEVEL OF LICENSED AND MONITORED CHILDCARE AND EDUCATION FOR CHILDREN AGES 2 MONTHS THROUGH SCHOOL-AGE AND FOR THE VARIOUS CULTURES AND ECONOMIC BACKGROUNDS OF THE FAMILIES IN MONTGOMERY COUNTY. THE ACADEMY'S MISSION AND PURPOSE ARE: TO OFFER DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD/SCHOOL-AGE PROGRAMS; TO PROVIDE SAFE, HEALTHY, AND RELIABLE CHILDCARE OPTIONS FOR WORKING PARENTS; TO MAINTAIN A DEDICATED, PROFESSIONAL STAFF THROUGH COMPETITIVE SALARIES, BENEFITS, AND ONGOING PROFESSIONAL DEVELOPMENT TRAINING; TO DEVELOP AND MAINTAIN PARTNERSHIPS WITH PARENTS, STAFF, COMMUNITY, LOCAL, STATE, AND NATIONAL ORGANIZATIONS; TO ACHIEVE AND MAINTAIN THE HIGHEST LEVELS OF EXCELS RATINGS IN THE STATE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt09901
IRS990/AdvertisingGrp/ProgramServicesAmt062528
IRS990/AdvertisingGrp/TotalAmt072429
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04987
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018713
IRS990/AllOtherExpensesGrp/TotalAmt023700
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0HEATHER O'BRIEN
IRS990/BooksInCareOfDetail/PhoneNum03014246282
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09035 SHADY GROVE COURT
IRS990/BooksInCareOfDetail/USAddress/CityNm0GAITHERSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020877
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0770261
IRS990/CashNonInterestBearingGrp/EOYAmt0605171
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt093543
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt093543
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0187086
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06946
IRS990/ConferencesMeetingsGrp/TotalAmt06946
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0523584
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0120075
IRS990/CYOtherExpensesAmt0620183
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01729324
IRS990/CYRevenuesLessExpensesAmt03317
IRS990/CYSalariesCompEmpBnftPaidAmt01749483
IRS990/CYTotalExpensesAmt02369666
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02372983
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01673
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010569
IRS990/DepreciationDepletionGrp/TotalAmt012242
IRS990/Desc0PROVIDE HIGH QUALITY DAYCARE/EDUCATION SERVICES TO APPROXIMATELY 190 CHILDREN IN MONTGOMERY COUNTY, MARYLAND.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01931276
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014165
IRS990/FeesForServicesAccountingGrp/TotalAmt014165
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0438
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0437
IRS990/FeesForServicesLegalGrp/TotalAmt0875
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0522
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt03297
IRS990/FeesForServicesManagementGrp/TotalAmt03819
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04107
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt040703
IRS990/FeesForServicesOtherGrp/TotalAmt044810
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt018053
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt018053
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt133.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.01
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09357
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1131
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0LESLEY WALSH-EVERHART
IRS990/Form990PartVIISectionAGrp/PersonNm1NAUSHABA BOKHARI
IRS990/Form990PartVIISectionAGrp/PersonNm2DEBORA SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JODY BURGHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm4AILEEN WALSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0113185
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt161292
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23121
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt016382
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0523584
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0320680
IRS990/GrossReceiptsAmt02677281
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05495
IRS990/InformationTechnologyGrp/ProgramServicesAmt034701
IRS990/InformationTechnologyGrp/TotalAmt040196
IRS990/InsuranceGrp/ManagementAndGeneralAmt037217
IRS990/InsuranceGrp/ProgramServicesAmt015420
IRS990/InsuranceGrp/TotalAmt052637
IRS990/InterestGrp/ManagementAndGeneralAmt02501
IRS990/InterestGrp/ProgramServicesAmt015792
IRS990/InterestGrp/TotalAmt018293
IRS990/InvestmentIncomeGrp/ExclusionAmt0103693
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0103693
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01914842
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02116472
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0293864
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0201578
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0189336
IRS990/LandBldgEquipCostOrOtherBssAmt0483200
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0304298
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ACADEMY STRIVES TO REMAIN AN INNOVATOR IN THE FIELD OF EDUCATIONAL CHILDCARE AND PRESCHOOL-PRIMARY SCHOOL PROGRAMMING. THE ACADEMY IS HIGHLY RECOGNIZED AS PROVIDING THE HIGHEST QUALITY LEVEL OF LICENSED AND MONITORED CHILDCARE AND EDUCATION FOR CHILDREN AGES 2 MONTHS THROUGH SCHOOL-AGE AND FOR THE VARIOUS CULTURES AND ECONOMIC BACKGROUNDS OF THE FAMILIES IN MONTGOMERY COUNTY. THE ACADEMY'S MISSION AND PURPOSE ARE: TO OFFER DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD/SCHOOL-AGE PROGRAMS; TO PROVIDE SAFE, HEALTHY, AND RELIABLE CHILDCARE OPTIONS FOR WORKING PARENTS; TO MAINTAIN A DEDICATED, PROFESSIONAL STAFF THROUGH COMPETITIVE SALARIES, BENEFITS, AND ONGOING PROFESSIONAL DEVELOPMENT TRAINING; TO DEVELOP AND MAINTAIN PARTNERSHIPS WITH PARENTS, STAFF, COMMUNITY, LOCAL, STATE, AND NATIONAL ORGANIZATIONS; TO ACHIEVE AND MAINTAIN THE HIGHEST LEVELS OF EXCELS RATINGS IN THE STATE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0390657
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0322799
IRS990/NetAssetsOrFundBalancesBOYAmt02510427
IRS990/NetAssetsOrFundBalancesEOYAmt02610570
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt016382
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt016382
IRS990/NetUnrlzdGainsLossesInvstAmt096826
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt014032
IRS990/OccupancyGrp/ProgramServicesAmt088616
IRS990/OccupancyGrp/TotalAmt0102648
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02636
IRS990/OfficeExpensesGrp/ProgramServicesAmt016645
IRS990/OfficeExpensesGrp/TotalAmt019281
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04783
IRS990/OtherAssetsTotalGrp/EOYAmt018047
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06276
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026348
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032624
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01488
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16498
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22209
IRS990/OtherExpensesGrp/ProgramServicesAmt083834
IRS990/OtherExpensesGrp/ProgramServicesAmt141035
IRS990/OtherExpensesGrp/ProgramServicesAmt238538
IRS990/OtherExpensesGrp/ProgramServicesAmt312254
IRS990/OtherExpensesGrp/TotalAmt085322
IRS990/OtherExpensesGrp/TotalAmt147533
IRS990/OtherExpensesGrp/TotalAmt240747
IRS990/OtherExpensesGrp/TotalAmt312254
IRS990/OtherLiabilitiesGrp/BOYAmt044638
IRS990/OtherLiabilitiesGrp/EOYAmt043105
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0190357
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01202161
IRS990/OtherSalariesAndWagesGrp/TotalAmt01392518
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016175
IRS990/PayrollTaxesGrp/ProgramServicesAmt0102153
IRS990/PayrollTaxesGrp/TotalAmt0118328
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05678
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013249
IRS990/PensionPlanContributionsGrp/TotalAmt018927
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LESLEY WALSH-EVERHART
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0DAY CARE TUITION
IRS990/ProgramServiceRevenueGrp/Desc1MISC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01680495
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt148829
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01680495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148829
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0191488
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0122643
IRS990/PYOtherExpensesAmt0491225
IRS990/PYOtherRevenueAmt032692
IRS990/PYProgramServiceRevenueAmt01704529
IRS990/PYRevenuesLessExpensesAmt0-374752
IRS990/PYSalariesCompEmpBnftPaidAmt01934879
IRS990/PYTotalExpensesAmt02426104
IRS990/PYTotalRevenueAmt02051352
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03317
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01680495
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02510427
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02610570
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054258
IRS990/SavingsAndTempCashInvstGrp/EOYAmt047448
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02700
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069338
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072038
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0186636
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0224526
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0411162
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0189336
IRS990ScheduleD/TotalLiabilityAmt043105
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLISHES ITS POLICY ON THE WEBSITE. IT IS PUBLISHED IN THE STATE ACCREDITATION DOCUMENTATION THAT IS SENT IN AS PART OF THE ANNUAL RENEWALS AND FOR THE STATE EXCELS PROGRAM, IN PARENT HANDBOOKS AND STAFF POLICY BOOKS PUBLISHED ANNUALLY, AND IN PARENT FLYERS AND BROCHURES ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES REIMBURSEMENT FOR TEACHERS' SALARIES, ENRICHMENT, SUPPLIES, AND OTHER ITEMS FROM MD STATE DEPARTMENT OF EDUCATION AND MONTGOMERY COUNTY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY STRIVES TO REMAIN AN INNOVATOR IN THE FIELD OF EDUCATIONAL CHILDCARE AND PRESCHOOL-PRIMARY SCHOOL PROGRAMMING. THE ACADEMY IS HIGHLY RECOGNIZED AS PROVIDING THE HIGHEST QUALITY LEVEL OF LICENSED AND MONITORED CHILDCARE AND EDUCATION FOR CHILDREN AGES 2 MONTHS THROUGH SCHOOL-AGE AND FOR THE VARIOUS CULTURES AND ECONOMIC BACKGROUNDS OF THE FAMILIES IN MONTGOMERY COUNTY. THE ACADEMY'S MISSION AND PURPOSE ARE: TO OFFER DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD/SCHOOL-AGE PROGRAMS; TO PROVIDE SAFE, HEALTHY, AND RELIABLE CHILDCARE OPTIONS FOR WORKING PARENTS; TO MAINTAIN A DEDICATED, PROFESSIONAL STAFF THROUGH COMPETITIVE SALARIES, BENEFITS, AND ONGOING PROFESSIONAL DEVELOPMENT TRAINING; TO DEVELOP AND MAINTAIN PARTNERSHIPS WITH PARENTS, STAFF, COMMUNITY, LOCAL, STATE, AND NATIONAL ORGANIZATIONS; TO ACHIEVE AND MAINTAIN THE HIGHEST LEVELS OF EXCELS RATINGS IN THE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS A WEEK BEFORE ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MONITORED ON A CONSTANT BASIS. IF A CONFLICT ARISES, IT IS TYPICALLY HANDLED BY HAVING THE BOARD MEMBER RECUSE THEMSELF FROM THE DISCUSSION AND VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BY APPOINTMENT AT OFFICES LOCATED AT 9035 SHADY GROVE COURT, GAITHERSBURG, MD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02945722
IRS990/TotalAssetsEOYAmt02976474
IRS990/TotalAssetsGrp/BOYAmt02945722
IRS990/TotalAssetsGrp/EOYAmt02976474
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0523584
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0438390
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01931276
IRS990/TotalFunctionalExpensesGrp/TotalAmt02369666
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0435295
IRS990/TotalLiabilitiesEOYAmt0365904
IRS990/TotalLiabilitiesGrp/BOYAmt0435295
IRS990/TotalLiabilitiesGrp/EOYAmt0365904
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02510427
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02610570
IRS990/TotalOtherCompensationAmt09488
IRS990/TotalProgramServiceExpensesAmt01931276
IRS990/TotalProgramServiceRevenueAmt01729324
IRS990/TotalReportableCompFromOrgAmt0177598
IRS990/TotalRevenueGrp/ExclusionAmt0120075
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01729324
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02372983
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02945722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02976474
IRS990/TravelGrp/ManagementAndGeneralAmt0439
IRS990/TravelGrp/ProgramServicesAmt03794
IRS990/TravelGrp/TotalAmt04233
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09035 SHADY GROVE COURT
IRS990/USAddress/CityNm0GAITHERSBURG
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020877
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.ACADEMYCHILD.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LESLEY WALSH-EVERHART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03014246282
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACADEMY CHILD DEVELOPMENT CNTR INC
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0521228660
ReturnHeader/Filer/PhoneNum03014246282
ReturnHeader/Filer/USAddress/AddressLine1Txt09035 SHADY GROVE COURT
ReturnHeader/Filer/USAddress/CityNm0GAITHERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020877
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274760605
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KULLMAN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0888 BESTGATE ROAD SUITE 316
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANNAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021401
ReturnHeader/PreparerPersonGrp/PhoneNum04102669885
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN J KULLMAN CPA
ReturnHeader/ReturnTs02025-10-23T18:09:21-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.