Springfield Day Nursery Corporation

Overview

Mission

Square one is committed to ensuring that every child has the opportunity to succeed at school, at work and in life by providing educational programs, family support services, health and fitness resources, and a voice in the community. We know that children grow up to become better educated and productive when they have high quality early education, nurturing adults to care for them, and a safe and health community in which to live. At the core of everything we do is our belief, confirmed by research, that children who begin learning early become better learners for life.

What it reported doing in 2024

Family support - first steps together (families in recovery support) is a peer coaching and parenting support program for moms recovering from opioid dependence. This is a unique home visiting program, wheere clients are matched with a family recovery support specialist who is a person in recovery with specialized training. They will provide support for both recovery and early parenting. This program assisted 45 families in recovery.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
042103855
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2023
Headquarters
Springfield, MA, USA
Phone
4137325183
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Child Day Care

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 75
  • Accountability: 95
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.1%; rating input score 70
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: $35.45 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 21.7%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.64; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 70.1% of revenue deployed · 89.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 8 filed program accomplishments · $13M in reported program spending
  • Leadership: top reported pay $156K · 20 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $578K reported
  • Consistency: 40 of 40 current checks pass
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 annual filings from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

20 people listed

Highest reported compensation

  • DAWN DISTEFANO (PRESIDENT/CEO): $156,500 total reported compensation
  • KRISTINE ALLARD (VP DEVELOPMENT): $137,805 total reported compensation
  • CELIA HICKSON (CFO/VP ADMINISTRATION): $110,648 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.