Civic Intelligence

Kindering Center

990 • Fiscal year 2023 • EIN 91-0816827

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 16, 2024

16120 NE 8th StreetBellevue, WA 98008

(425) 747-4004

Siviq Scores

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

Liabilities / Assets

50th percentile

0.22x

Higher debt load relative to assets than 50% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

51st percentile

0.32x

Higher debt load relative to revenue than 51% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

18th percentile

-11%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$242,101

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

31st percentile

1.0%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$33,168,627

Flat from 2023

Net Assets

Flat

$25,959,840

Flat from 2023

Liabilities

Flat

$7,208,787

Flat from 2023

Revenue

Flat

$22,631,729

Flat from 2023

Expenses

Flat

$25,180,394

Flat from 2023

Net Income

Flat

-$2,548,665

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $12,215,993Liabilities 2010: $98,188Net Assets 2010: $12,117,8052010Assets 2011: $12,006,425Liabilities 2011: $146,288Net Assets 2011: $11,860,1372011Assets 2012: $13,282,112Liabilities 2012: $230,067Net Assets 2012: $13,052,0452012Assets 2013: $14,628,663Liabilities 2013: $720,255Net Assets 2013: $13,908,4082013Assets 2014: $14,996,627Liabilities 2014: $901,774Net Assets 2014: $14,094,8532014Assets 2015: $14,427,007Liabilities 2015: $780,185Net Assets 2015: $13,646,8222015Assets 2016: $16,211,544Liabilities 2016: $727,216Net Assets 2016: $15,484,3282016Assets 2017: $18,035,657Liabilities 2017: $1,079,326Net Assets 2017: $16,956,3312017Assets 2018: $19,711,778Liabilities 2018: $1,086,896Net Assets 2018: $18,624,8822018Assets 2019: $23,352,591Liabilities 2019: $1,368,009Net Assets 2019: $21,984,5822019Assets 2020: $28,559,506Liabilities 2020: $3,938,843Net Assets 2020: $24,620,6632020Assets 2021: $32,652,687Liabilities 2021: $1,425,124Net Assets 2021: $31,227,5632021Assets 2022: $32,851,929Liabilities 2022: $6,149,120Net Assets 2022: $26,702,8092022Assets 2023: $33,168,627Liabilities 2023: $7,208,787Net Assets 2023: $25,959,8402023Assets 2023: $33,168,627Liabilities 2023: $7,208,787Net Assets 2023: $25,959,8402023Assets 2024: $33,531,065Liabilities 2024: $7,735,083Net Assets 2024: $25,795,9822024

Highlighted filing

2023

Assets$33,168,627
Liabilities$7,208,787
Net Assets$25,959,840

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $5,956,3952010Revenue 2011: $6,214,602Expenses 2011: $6,298,665Net Income 2011: -$84,0632011Expenses 2012: $6,472,1902012Revenue 2013: $7,419,692Expenses 2013: $7,303,066Net Income 2013: $116,6262013Revenue 2014: $9,118,245Expenses 2014: $9,096,494Net Income 2014: $21,7512014Revenue 2015: $9,690,810Expenses 2015: $9,857,132Net Income 2015: -$166,3222015Revenue 2016: $12,321,283Expenses 2016: $10,776,210Net Income 2016: $1,545,0732016Revenue 2017: $13,118,257Expenses 2017: $12,761,317Net Income 2017: $356,9402017Revenue 2018: $17,441,751Expenses 2018: $15,174,137Net Income 2018: $2,267,6142018Revenue 2019: $19,557,873Expenses 2019: $17,664,189Net Income 2019: $1,893,6842019Revenue 2020: $19,594,826Expenses 2020: $18,186,681Net Income 2020: $1,408,1452020Revenue 2021: $24,070,895Expenses 2021: $18,466,850Net Income 2021: $5,604,0452021Revenue 2022: $20,133,782Expenses 2022: $22,155,936Net Income 2022: -$2,022,1542022Revenue 2023: $22,631,729Expenses 2023: $25,180,394Net Income 2023: -$2,548,6652023Revenue 2023: $22,631,729Expenses 2023: $25,180,394Net Income 2023: -$2,548,6652023Revenue 2024: $25,230,485Expenses 2024: $26,769,922Net Income 2024: -$1,539,4372024

Highlighted filing

2023

Revenue$22,631,729
Expenses$25,180,394
Net Income-$2,548,665
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 16, 2024
Return Version
2023v5.0
Gross Receipts
$22,915,293
Mission and Program Overview

Mission

Kindering embraces children of diverse abilities and their families by providing the finest education and therapies to nurture hope, courage, and the skills to soar.

Kindering center is the largest and most comprehensive neurodevelopmental center in washington and serves infants and children with developmental delays, disabilities, or other challenges in partnership with caregivers. With locations in bellevue, bothell, redmond, and renton, kindering helped approximately 8,000 children and caregivers in 2023.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,465,732$19,968,356▲ $1,502,624
Pledges and Grants Receivable$3,117,288$2,826,194▼ $291,094
Land, Buildings, and Equipment, Net$2,285,873$2,256,109▼ $29,764
Cash and Non-Interest-Bearing Accounts$3,891,127$2,073,953▼ $1,817,174
Savings and Temporary Cash Investments-$312,774-
Accounts Receivable$580,623$225,571▼ $355,052
Prepaid Expenses and Deferred Charges$115,270$143,029▲ $27,759
Total Assets$32,851,929$33,168,627▲ $316,698
Other Assets Total$4,396,016$5,362,641▲ $966,625
Liabilities
Other Liabilities$4,628,235$5,607,255▲ $979,020
Accounts Payable and Accrued Expenses$1,520,885$1,552,829▲ $31,944
Deferred Revenue-$48,703-
Total Liabilities$6,149,120$7,208,787▲ $1,059,667
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,824,336$19,879,086▼ $945,250
Net Assets With Donor Restrictions$5,878,473$6,080,754▲ $202,281
Total Net Assets Fund Balance$26,702,809$25,959,840▼ $742,969
Total Liabilities and Net Assets / Fund Balance$32,851,929$33,168,627▲ $316,698

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,100,373$4,395,499$6,495,872
Equipment$155,736$301,974$457,710
Other Assets Org$338,623--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$12,377,908$1,050,000▲ $2,146,802-$15,541,337
2022$12,879,467$1,840,000▼ $2,310,199-$12,377,908
2021$10,690,219$800,000▲ $1,418,665-$12,879,467
2020$9,081,699$202,439▲ $1,430,386-$10,690,219
2019$7,466,254-▲ $1,638,247-$9,081,699
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa GreenwaldCEOFT$222,775$19,326$242,101
Mustapha KebbehChief PrograFT$149,726$11,764$161,490
Mustapha KebbehChief Program Office-$149,726$11,764$161,490
Alison MortonChief AdvancFT$151,784$6,135$157,919
Alison MortonChief Advancement of-$151,784$6,135$157,919
Andrew DavisIt DirectorFT$144,450$11,058$155,508
Kimberly GerdesDirector of EarlyFT$121,000$15,255$136,255
Russell Phillips IvCOOFT$129,450$5,883$135,333

Board Members and Trustees

NameTitle
Phil BantaPresident
Eddie SwaffordBoard Member
Gloria Hong JdBoard Member
Greg BennBoard Member
Janelle Milodragovich JdBoard Member
Kevin GleasonBoard Member
Michelle ChangBoard Member
Nick Jones JdBoard Member
Ozy ZebarjadiBoard Member
Rich LavoiceBoard Member
Richard Bangert JdBoard Member
Rome JohnsonBoard Member
Sheryl Willert JdBoard Member
Stacey GiardBoard Member
Susie VowinkelBoard Member
Taimur RashidBoard Member
Glenn Lux MdPast Preside
Robin RotheSecretary
Brett VandenbergTreasurer
Jeremy SilvernailVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Cfo SelectionsConsulting310 120TH AVE NE STE 101, Bellevue, WA 98005$186,413
Bdo USA LLPAccounting601 UNION ST STE 2300, Seattle, WA 98101$143,039
Dell Marketing LPMarketingPO BOX 802816, Chicago, IL 60680$128,825
Dynamic Momentum LLCConsulting11410 NE 124TH STREET, Kirkland, WA 98034$121,850
Circle TwiceIt Consulting450 110TH AVE NE, Bellevue, WA 98004$108,902
Revenue and Support

Revenue Composition

Contributions and Grants
$18,095,010
Program Service Revenue
$3,860,933
Investment Income
$759,085
Other Revenue
$-83,299
All Other Contributions
$1,978,263
Change in Net Assets
$-2,548,665

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table152$100,795Fair Market Value (FMV)
Securities Publicly Traded4$66,785Fair Market Value (FMV)
Total Noncash Contributions156$167,580-

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,598,356
Revenue Not Reported on Financial Statements
$33,373
Revenue Not Reported on Form 990
$1,852,466
Total Revenue per Audited Statements
$24,450,822
Total Revenue per Form 990
$22,631,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$21,450,332
Other Expenses$3,730,062
Total Fundraising Expense$1,036,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,964,638$1,665,021$734,564$17,364,223
Other Employee Benefits$1,789,460$153,577$92,956$2,035,993
Payroll Taxes$1,296,168$91,225$66,415$1,453,808
Occupancy$982,072$115,155-$1,097,227
Fees for Services Other$434,615$183,369$82,784$700,768
Pension Plan Contributions$311,313$26,707$16,187$354,207
Depreciation Depletion$261,361$29,079$12,829$303,269
Current Officers, Directors, Trustees, and Key Employees$208,643$23,217$10,241$242,101
Information Technology$165,979$18,468$8,147$192,594
Fees for Services Management-$184,238-$184,238
Travel$129,019$1,232$376$130,627
Fees for Services Accounting-$123,039-$123,039
Insurance$87,216$9,704$4,281$101,201
Advertising$43,590$2,227$5,099$50,916
Fees for Service Investment Mgmnt Fees-$33,373-$33,373
Office Expenses$10,567$1,176$519$12,262
Fees for Services Legal-$7,802-$7,802
Conferences and Meetings$3,696$411$181$4,288
Fees for Services Lobbying-$3,656-$3,656
Other Expenses$1,482$164$74$1,720
Total Functional Expenses$21,400,990$2,742,860$1,036,544$25,180,394

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$25,193,791
Total Expenses per Form 990$25,180,394
Expenses per Audited Statements$25,126,861
Expenses Not Reported on Form 990$66,930
Expenses Not Reported on Financial Statements$53,533
Other Expense Adjustments$20,160
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$245,003
Fundraising Gross Income$155,865
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$776,014$143,839$49,397$94,442
Salute to Coura$210,153$9,165$5,108$4,057
Total Events$1,000,210$155,865$245,003$-89,138
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$5,607,255
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 4

During the year, significant changes were made to the organization's bylaws. The changes included amending the number of board members, redefining quorum for board members, updating actions by directors without a meeting, instituting an at-large member of the executive committee, redefining notice for board members, and defining the process for the board to remove chairs, as well as granting the president authority to appoint or remove members of all committees and task forces. These changes were implemented to streamline governance processes, enhance efficiency, and clarify roles and responsibilities within the organization.

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

The form 990 is distributed electronically with time for review/questions. Board members review the document and ask questions as needed. The form 990 is then submitted.

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

Directors and employees review the policy annually. If any conflicts are reported or discovered, the appropriate personnel are notified and the nature of the conflict and any necessary action is discussed. The number of transactions is small enough that individual review is appropriate.

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

The board executive committee determines the ceo salary on an annual basis. This decision is made with the assistance of outside consulting, and annual review and/or any other information that may help the board make a decision.

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

Other high level positions, such as director of operations, programs or finance, are determined by the ceo, also based on performance and salary research.

Form 990, Page 6, Part VI, Line 19

Financial statements are available upon request and are also included in the annual report. Governing documents are made available upon request. The independent auditor's report is available through the federal audit clearinghouse.

Filing and Contact Details

Filer

Filer Name
Kindering Center
EIN
91-0816827
Phone
4257474004
Address
16120 NE 8TH STREET, BELLEVUE, WA 98008

Signing Officer

Name
Lisa Greenwald
Title
CEO
Phone
4257474004
Signed
2024-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Greenwald
Formed
1964
Legal Domicile
Wa
Voting Board Members
19
Independent Board Members
19
Employees
292
Volunteers
250

Preparer

Firm
Finney Neill & Company Ps
Address
9757 GREENWOOD AVE N, SEATTLE, WA 98103
Preparer
Joshua J Breiling CPA
Phone
2062989811
Supplemental Narrative

Additional Explanations

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

Early care & education consultation - delivers developmental screenings in the community, as well as on-site visits to child care programs to observe children, consult with child care staff and parents, make appropriate referrals, and develop strategies. Fathers network - provides male peer support, resources and education, and family social occasions to help fathers of children with special needs. Integrated spanish programs - offers spanish language developmental assessments, early intervention therapies, special education, preschool classes, resource coordination, and parent education and support groups. Parent child home program - provides home visits in their native language to children who experience one or multiple educational and/or economic barriers to early school success. Parenting plus - provides free, multi-lingual parenting education courses for families who may be experiencing difficulties. Monthly support groups are offered to program graduates. Sibling support project & sibshops - supports siblings of children with special needs. Through activities, arts, games and discussion, children share their experiences and learn that they are not alone in facing the challenges of being a brother or sister of a child with special needs.

Form 990, Part XI, Line 9

Fundraising expense 7,230 recovery of uncollectible pledges 0 donated fundraising items adjustment 0 fundraising event expense -7,230 recovery of uncollectible pledges 20,160 total 20,160

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The organization's endowment consists of funds established for the maintenance and operations of the kindering center.

Schedule D, Page 3, Part X

The organization accounts for tax positions in accordance with the fasb accounting standards codification topic no. 740, income taxes. With few exceptions, the organization is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed the organization's tax positions and determined there were no uncertain tax positions as of december 31, 2023.

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

Fundraising expense 7,230

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

Recovery of uncollectible pledges 0 donated fundraising items adjustment 0

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

Fundraising event expense 7,230

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

Recovery of uncollectible pledges 20,160

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IRS990/ActivityOrMissionDesc0KINDERING CENTER IS THE LARGEST AND MOST COMPREHENSIVE NEURODEVELOPMENTAL CENTER IN WASHINGTON AND SERVES INFANTS AND CHILDREN WITH DEVELOPMENTAL DELAYS, DISABILITIES, OR OTHER CHALLENGES IN PARTNERSHIP WITH CAREGIVERS. WITH LOCATIONS IN BELLEVUE, BOTHELL, REDMOND, AND RENTON, KINDERING HELPED APPROXIMATELY 8,000 CHILDREN AND CAREGIVERS IN 2023.
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IRS990/Desc0EARLY SUPPORTS: FOR CHILDREN WITH SPECIAL NEEDS, 0-3 YEARS OF AGE; SPEECH, OCCUPATIONAL, AND PHYSICAL THERAPIES; SPECIAL EDUCATION CLASSROOMS; PARENT EDUCATION; FAMILY RESOURCE COORDINATION; AND COUNSELING. KINDERING'S COMPREHENSIVE DEVELOPMENTAL ASSESSMENTS EVALUATE EACH CHILD'S INDIVIDUAL ABILITIES AND SPECIAL HEALTHCARE NEEDS. MEDICAL EVALUATIONS OFFER ON-SITE NEURODEVELOPMENTAL EVALUATIONS PROVIDED BY KINDERING'S MEDICAL DIRECTOR TO EXPEDITE DIAGNOSIS AFTER DETECTION OF AUTISM. FAMILY RESOURCES COORDINATION LINKS FAMILIES WITH APPROPRIATE COMMUNITY RESOURCES, HELPS WITH FUNDING AND ELIGIBILITY REQUIREMENTS, AND COORDINATES SERVICES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.5$7.74$25.8$25.2$26.8$1.54
2023Detailed filing. Detailed filing data is available for this year.$33.2$7.21$26.0$22.6$25.2$2.55
2023Summary only. Only limited summary data is available for this year.$33.2$7.21$26.0$22.6$25.2$2.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.9$6.15$26.7$20.1$22.2$2.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.7$1.43$31.2$24.1$18.5$5.60
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$3.94$24.6$19.6$18.2$1.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$1.37$22.0$19.6$17.7$1.89
2018Summary only. Only limited summary data is available for this year.$19.7$1.09$18.6$17.4$15.2$2.27
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$1.08$17.0$13.1$12.8$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$0.73$15.5$12.3$10.8$1.55
2015Detailed filing. Detailed filing data is available for this year.$14.4$0.78$13.6$9.69$9.86$0.17
2014Detailed filing. Detailed filing data is available for this year.$15.0$0.90$14.1$9.12$9.10$0.02
2013Detailed filing. Detailed filing data is available for this year.$14.6$0.72$13.9$7.42$7.30$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$0.23$13.1$6.47
2011Summary only. Only limited summary data is available for this year.$12.0$0.15$11.9$6.21$6.30$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.10$12.1$5.96