Civic Intelligence

Children'S Development Academy Inc

990 • Fiscal year 2017 • EIN 58-1085443

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 30, 2018

89 Grove WayRoswell, GA 30075

(770) 992-4339

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

26th percentile

-6.0%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$77,031

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

23rd percentile

-3.9%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

3.1%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,512,001

Down $101,102 (-3.9%) from 2016

Net Assets

Down

$2,468,582

Down $111,885 (-4.3%) from 2016

Liabilities

Up

$43,419

Up $10,783 (+33%) from 2016

Revenue

Up

$2,071,752

Up $62,179 (+3.1%) from 2016

Expenses

Up

$2,195,664

Up $23,683 (+1.1%) from 2016

Net Income

Up

-$123,912

Up $38,496 (+24%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,927,192Liabilities 2011: $60,910Net Assets 2011: $2,866,2822011Assets 2012: $2,793,007Liabilities 2012: $82,964Net Assets 2012: $2,710,0432012Assets 2013: $2,656,461Liabilities 2013: $84,289Net Assets 2013: $2,572,1722013Assets 2014: $2,919,584Liabilities 2014: $80,577Net Assets 2014: $2,839,0072014Assets 2015: $2,780,701Liabilities 2015: $36,622Net Assets 2015: $2,744,0792015Assets 2016: $2,613,103Liabilities 2016: $32,636Net Assets 2016: $2,580,4672016Assets 2017: $2,512,001Liabilities 2017: $43,419Net Assets 2017: $2,468,5822017Assets 2018: $2,919,799Liabilities 2018: $385,068Net Assets 2018: $2,534,7312018Assets 2019: $3,155,876Liabilities 2019: $459,282Net Assets 2019: $2,696,5942019Assets 2020: $2,948,781Liabilities 2020: $586,379Net Assets 2020: $2,362,4022020Assets 2021: $3,105,630Liabilities 2021: $405,306Net Assets 2021: $2,700,3242021Assets 2022: $3,225,514Liabilities 2022: $172,691Net Assets 2022: $3,052,8232022Assets 2023: $3,036,987Liabilities 2023: $104,264Net Assets 2023: $2,932,7232023Assets 2024: $2,959,441Liabilities 2024: $307,996Net Assets 2024: $2,651,4452024

Highlighted filing

2017

Assets$2,512,001
Liabilities$43,419
Net Assets$2,468,582

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,500,5812011Revenue 2012: $1,567,503Expenses 2012: $1,723,898Net Income 2012: -$156,3952012Expenses 2013: $2,014,5282013Revenue 2014: $2,478,438Expenses 2014: $2,224,081Net Income 2014: $254,3572014Revenue 2015: $1,987,793Expenses 2015: $2,082,741Net Income 2015: -$94,9482015Revenue 2016: $2,009,573Expenses 2016: $2,171,981Net Income 2016: -$162,4082016Revenue 2017: $2,071,752Expenses 2017: $2,195,664Net Income 2017: -$123,9122017Revenue 2018: $2,136,176Expenses 2018: $2,080,763Net Income 2018: $55,4132018Revenue 2019: $2,323,352Expenses 2019: $2,166,803Net Income 2019: $156,5492019Revenue 2020: $1,817,912Expenses 2020: $2,151,407Net Income 2020: -$333,4952020Revenue 2021: $2,290,178Expenses 2021: $1,979,119Net Income 2021: $311,0592021Revenue 2022: $2,917,848Expenses 2022: $2,542,858Net Income 2022: $374,9902022Revenue 2023: $2,575,788Expenses 2023: $2,710,482Net Income 2023: -$134,6942023Revenue 2024: $2,832,648Expenses 2024: $3,042,614Net Income 2024: -$209,9662024

Highlighted filing

2017

Revenue$2,071,752
Expenses$2,195,664
Net Income-$123,912
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 30, 2018
Return Version
2016v3.1
Gross Receipts
$2,172,636
Mission and Program Overview

Mission

Mission: affording all children in our community high quality early education. Vision: best start. Brightest future. Every child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,576,761$1,551,818▼ $24,943
Cash and Non-Interest-Bearing Accounts$586,657$623,638▲ $36,981
Savings and Temporary Cash Investments$202,400--
Investments in Publicly Traded Securities$152,027$180,571▲ $28,544
Prepaid Expenses and Deferred Charges$18,017$101,549▲ $83,532
Accounts Receivable$48,508$38,918▼ $9,590
Investments Other Securities$26,638$13,584▼ $13,054
Pledges and Grants Receivable$2,095$1,923▼ $172
Total Assets$2,613,103$2,512,001▼ $101,102
Liabilities
Accounts Payable and Accrued Expenses$22,361$32,923▲ $10,562
Deferred Revenue$10,275$10,496▲ $221
Total Liabilities$32,636$43,419▲ $10,783
Net Assets / Fund Balance
Unrestricted Net Assets$2,199,844$2,182,104▼ $17,740
Permanently Rstr Net Assets$150,000$150,000→ $0
Temporarily Rstr Net Assets$230,623$136,478▼ $94,145
Total Net Assets Fund Balance$2,580,467$2,468,582▼ $111,885
Total Liabilities and Net Assets / Fund Balance$2,613,103$2,512,001▼ $101,102

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,064,292$1,438,115$2,502,407
Buildings$104,542$543,725$648,267
Equipment$55,642$172,038$227,680
Other Land Buildings$174,757-$174,757
Land$152,585-$152,585

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$178,665-▲ $18,662-$194,155
2015$176,418-▲ $5,297-$178,665
2014$172,502-▲ $6,943-$176,418
2013$57,832$100,000▲ $16,260-$172,502
2012$53,513-▲ $5,287-$57,832
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna SmytheExecutive DiFT$74,700$2,331$77,031
Margaret DecanCEO & Exec.FT$14,688-$14,688

Board Members and Trustees

NameTitle
Grace ShicklerChair
Niki RabrenChair-elect
Bob HaganDirector
Brock DarbyDirector
Clara SmithDirector
Claudia WoodDirector
Corinne BridgmanDirector
Doug HigginsDirector
Elaine DeniroDirector
Gail AlbertDirector
Guillero CremerDirector
Karin MimmsDirector
Liz JacksonDirector
Mickey DeatonDirector
Mike MuddDirector
Ron HancockDirector
Sally HansellDirector
Sherry BinkleyDirector
Stacyann GabbidonDirector
Steve DorveeDirector
Steve HardingDirector
Catherine StoreySecretary
Carlyle M DouglasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,371,215
Program Service Revenue
$618,310
Investment Income
$5,372
Other Revenue
$76,855
All Other Contributions
$420,808
Change in Net Assets
$-123,912

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,071,752
Revenue Not Reported on Form 990
$18,660
Total Revenue per Audited Statements
$2,090,412
Total Revenue per Form 990
$2,071,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,557,004
Other Expenses$638,660
Total Fundraising Expense$83,145
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,162,275$63,861$51,088$1,277,224
Office Expenses$167,608$4,964$2,503$175,075
Depreciation Depletion$77,375$34,763-$112,138
Payroll Taxes$102,077$4,438$4,438$110,953
Current Officers, Directors, Trustees, and Key Employees$89,137$4,897$3,917$97,951
Other Employee Benefits$58,810$2,557$2,557$63,924
Occupancy$50,724$2,670-$53,394
All Other Expenses$29,082$198$204$29,484
Other Expenses$19,752$3,332$714$23,798
Fees for Services Accounting-$19,296-$19,296
Insurance$17,297--$17,297
Information Technology$8,881$3,489$3,489$15,859
Advertising$2,718$151$12,231$15,100
Pension Plan Contributions$6,406$268$278$6,952
Fees for Services Other$5,240-$1,664$6,904
Travel$1,957$41$62$2,060
Total Functional Expenses$1,965,858$146,661$83,145$2,195,664

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,202,297
Expenses per Audited Statements$2,195,664
Total Expenses per Form 990$2,195,664
Expenses Not Reported on Form 990$6,633
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$171,273
Fundraising Direct Expenses$100,884
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Down Home Derby$170,820$170,820$100,884$69,936
Total Events$170,820$170,820$100,884$69,936
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
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
Yes
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

The draft 2016-2017 audit and 2016 form 990 are first reviewed by the finance committee meeting with the independent auditor. The revised documents are then provided electronically to the full board of directors for their review. Questions, comments and concerns are addressed by the finance committee and the auditor prior to the board final review of the documents. The board of directors approves the filing of the audit and form 990.

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

Directors and key employees complete a disclosure questionnaire annually.

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

Determining the compensation of the executive director begins with a performance evaluation by the chair, immediate past chair, chair-elect and the chair of the human resources committee, which is shared with the full board. The executive director's compensation is reviewed by the human resources committee, which is comprised entirely of independent individuals and includes experienced, senior hr managers. Their review relies upon executive compensation data gathered from other local nonprofit organizations or other comparable bodies, and the cda's own past practice. Their recommendation is presented to the full board for approval.

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

Compensation of all employees begins with a performance evaluation by the supervisor. Compensation is then determined by the quality of performance and a review of market data to ascertain comparable salaries for comparable organizations. The cda strives to maintain competitive compensation rates in order to retain valued employees and to protect our investment in training and professional development of key employees.

Form 990, Page 6, Part VI, Line 19

Governing documents such as our strategic plan, budgets and financial statements, and conflict of interest policy are available for public inspection at our office at 89 grove way, roswell, ga 30075 immediately upon request. The cda also shares these documents electronically when requested, for example in the process of applying for foundation or other funding.

Filing and Contact Details

Filer

Filer Name
North Fulton Child Development
EIN
58-1085443
Phone
7709924339
Address
89 GROVE WAY, ROSWELL, GA 30075

Signing Officer

Name
Margaret Decan
Title
CEO & Exec. Director
Phone
7709924339
Signed
2018-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Decan
Formed
1968
Legal Domicile
Ga
Voting Board Members
23
Independent Board Members
23
Employees
63
Volunteers
300

Preparer

Firm
Brooks Mcginnis & Company LLC
Address
5607 GLENRIDGE DR STE 650, ATLANTA, GA 30342-4959
Preparer
Jack L Mcginnis
Phone
4045314940
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Mission: affording all children in our community high quality early education. Vision: best start. Brightest future. Every child.

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

Progress -parent-child conferences twice a year to inform parents about their child's progress and to engage them in their son or daughter's education -enrichment activities such as field trips, cultural performances and nature explorations our hardworking parents earned median incomes of approximately 18,000 in 2016-2017, so market-rate tuition of 250-300 per week would be beyond their reach. With scholarships, our parents' median tuition payment was only 88 per week.

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

Preparatory curriculum for english language learners entering prek in the fall. This rising prek summer transition program was renewed in 2014, 2015, 2016 and 2017 with two classrooms serving a total of 28 children.

Financial Statement Notes

Schedule D, Page 3, Part X

The association is a nonprofit organization exempt from federal income taxes under internal revenue code section 501(c)(3). Income from certain activities not directly related to the organizations tax-exempt purpose is subject to taxation as unrelated business income. There was no unrelated business income for the years ended june 30, 2017 and 2016, respectively. Management believes that it has appropriate support for any tax positions taken by the association, and as such does not have any uncertain tax positions that are material to the financial statements. The associations income tax returns are subject to examination by the appropriate regulatory agencies for all open years, which typically include the last three years filed.

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IRS990/Desc0CHILDREN'S CENTER: IN 2016-2017, THE CDA SERVED 285 CHILDREN, PROVIDING FULL-DAY EARLY CHILDHOOD EDUCATION IN THE CDA COMMUNITY CENTER. THIS FACILITY HAS NINE VIBRANT CLASSROOMS-SIX FOR TODDLERS AND PRESCHOOLERS, THREE FOR PREKINDERGARTEN CHILDREN-- WITH WELL-QUALIFIED TEACHERS NURTURING AND EDUCATING 156 YOUNGSTERS EACH DAY AGES ONE TO FIVE YEARS. THESE CHILDREN RECEIVED: -COMPREHENSIVE CURRICULUM PROMOTING COGNITIVE, PHYSICAL, LANGUAGE AND SOCIAL DEVELOPMENT -WHOLESOME NUTRITION, INCLUDING BREAKFAST, LUNCH AND A SNACK EACH DAY -IMMUNIZATION, HEALTH AND DENTAL SCREENINGS -DEVELOPMENTAL SCREENINGS THROUGHOUT THE YEAR TO MONITOR EACH CHILD'S PROGRESS -PARENT-CHILD CONFERENCES TWICE A YEAR TO INFORM PARENTS ABOUT THEIR CHILD'S PROGRESS AND TO ENGAGE THEM IN THEIR SON OR DAUGHTER'S EDUCATION -ENRICHMENT ACTIVITIES SUCH AS FIELD TRIPS, CULTURAL PERFORMANCES AND NATURE EXPLORATIONS OUR HARDWORKING PARENTS EARNED MEDIAN INCOMES OF APPROXIMATELY 18,000 IN 2016-2017, SO MARKET-RATE TUITION OF 250-300 PER WEEK WOULD BE BEYOND THEIR REACH. WITH SCHOLARSHIPS, OUR PARENTS' MEDIAN TUITION PAYMENT WAS ONLY 88 PER WEEK.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt24CEO & EXEC.
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IRS990/InformationTechnologyGrp/TotalAmt015859
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IRS990/MissionDesc0MISSION: AFFORDING ALL CHILDREN IN OUR COMMUNITY HIGH QUALITY EARLY EDUCATION. VISION: BEST START. BRIGHTEST FUTURE. EVERY CHILD.
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IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0TUITION FEES
IRS990/ProgramServiceRevenueGrp/Desc1OFFICE SPACE RENTAL
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154390
IRS990/ProgSrvcAccomActy2Grp/Desc0GEORGIA PREK: SINCE AUGUST 2010, THE CDA HAS HAD THREE GA PREK CLASSROOMS AND HAS RETAINED ALL ITS PREK CLASSROOMS, DESPITE EXTENSIVE BUDGET CUTS ACROSS THE STATE, WHICH IS A TESTAMENT TO THE QUALITY OF OUR PROGRAM AND ITS VALUE TO OUR FAMILIE. WE ARE ABLE TO SERVE 66 PREK CHILDREN. OUR PREK PROGRAM HAS AN EXCELLENT REPUTATION: AN INDEPENDENT, NATIONAL STUDY OF PREK CLASSROOMS RANKED THE CDA ABOVE THE NATIONAL AND GEORGIA AVERAGES ON 9 OUT OF 10 CRITERIA IN 2012. AND, IN THE SUMMER OF 2013, WE WERE ASKED BY BRIGHT FROM THE START TO HELP LAUNCH ANOTHER PILOT PROGRAM-THIS ONE PROVIDING A SIX-WEEK SUMMER PREPARATORY CURRICULUM FOR ENGLISH LANGUAGE LEARNERS ENTERING PREK IN THE FALL. THIS RISING PREK SUMMER TRANSITION PROGRAM WAS RENEWED IN 2014, 2015, 2016 AND 2017 WITH TWO CLASSROOMS SERVING A TOTAL OF 28 CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0272591
IRS990/ProgSrvcAccomActy3Grp/Desc0KIDS EXPRESS: IN AUGUST 2010 AND JUNE 2012, THE CDA LAUNCHED KIDS EXPRESS, DROP-IN EARLY LEARNING CENTERS IN THE NORTH FULTON SERVICE CENTER AND ADAMSVILLE REGIONAL HEALTH CENTER RESPECTIVELY. THIS PARTNERSHIP WITH FULTON COUNTY ALLOWS YOUNGSTERS TO PLAY AND LEARN WITH CDA TEACHERS IN AN ENRICHED LEARNING ENVIRONMENT, WHILE THEIR PARENTS AVAIL THEMSELVES OF GOVERNMENT SERVICES AT THE GRADY CLINIC, WIC OFFICE, WORKFORCE DEVELOPMENT, AND OTHER AGENCIES LOCATED IN THE CENTER. FOR MANY LOW-INCOME PARENTS, KIDS EXPRESS IS THEIR FIRST EXPOSURE TO A HIGH QUALITY EARLY LEARNING ENVIRONMENT WITH QUALIFIED TEACHERS, SO WE USE THE OPPORTUNITY TO EDUCATE PARENTS ABOUT EARLY LITERACY AND SCHOOL READINESS. IN 2016-2017, KIDS EXPRESS RECEIVED OVER 2,000 VISITS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0151708

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.96$0.31$2.65$2.83$3.04$0.21
2023Detailed filing. Detailed filing data is available for this year.$3.04$0.10$2.93$2.58$2.71$0.13
2022Detailed filing. Detailed filing data is available for this year.$3.23$0.17$3.05$2.92$2.54$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.41$2.70$2.29$1.98$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.95$0.59$2.36$1.82$2.15$0.33
2019Detailed filing. Detailed filing data is available for this year.$3.16$0.46$2.70$2.32$2.17$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.92$0.39$2.53$2.14$2.08$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.04$2.47$2.07$2.20$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.61$0.03$2.58$2.01$2.17$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.78$0.04$2.74$1.99$2.08$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.92$0.08$2.84$2.48$2.22$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.08$2.57$2.01
2012Summary only. Only limited summary data is available for this year.$2.79$0.08$2.71$1.57$1.72$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.06$2.87$1.50