Carol Matheys Center for Children & Families Inc

Nonprofit profile at a glance

EIN
411647445
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Oakdale, MN, USA
Phone
6517776668
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Child Day Care

Official website

Reported finances

Revenue
$506,827
Expenses
$510,379
Assets
$849,624
Liabilities
$207,906

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • STACIE PENN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • STACIE PENN (EXECUTIVE DIRECTOR): $86,184 total reported compensation
  • ELAINE KAPSH (BOARD MEMBER): $9,768 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Carol matheys center for children and families, inc. Is an organization that provides an affordable high quality program to children and families in the community that will give them opportunity to learn and grow as responsbile citizens. (continued on schedule o)our current programs include: preschool, pre-k, transitional kindergarten program, child care for k-4th grade, nutrition programs and family programs.

What it reported doing in 2025

The vision of carol matheys center for children and families is: as our world becomes more complex, the need for programs such as ours becomes ever more important for families. Carol matheys center for children and families is committed to providing our community with needed early learning programs, keeping them affordable and offering scholarships to those in need for many future generations. Our current programs include preschool, pre-k, kindergarten, before and after school care and summer day camps. Our preschool programs have achieved the highest quality rating of 4 stars from the Minnesota parent aware from 2014-present. Our child care programs provide children with high quality care by being committed to small groups, low teacher child ratios and highly qualified staff. Our nutrition programs (continued on schedule o)give all children 2 nutritionally balanced meals and snacks each day.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 35
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.8%; rating input score 72
  • Program expense ratio: 73.4%; rating input score 73
  • Fundraising efficiency: $6.83 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 26th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 1.66; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 18.8%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -4% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 71.8% of revenue deployed · 73.4% of spending went to programs
  • Governance: 9 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $375K in reported program spending
  • Leadership: top reported pay $86K · 10 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.