Carriage House Day Care Center Inc
Nonprofit profile at a glance
- EIN
- 223075628
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Meriden, CT, USA
- Phone
- 2032354859
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $955,843
- Expenses
- $968,729
- Assets
- $625,975
- Liabilities
- $106,942
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Highest reported compensation
- PAMELA CAREY (ADMINISTRATIVE DIRECTOR): $75,725 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide childcare for infants to school age children of working parents, in an environment that fosters independence, confidence, and self-esteem, a place where each child can grow and learn through a variety of physical, social, emotional and intellectual activities. We are dedicated to early childhood and each child's needs as an individual and peer within a group. At carriage house day care, we place emphasis on love, nurturing and developmental activities for infants and toddlers. While the same is true for preschool children, their day also consists of pre-kindergarten concepts and skills. Our educational programs focus on learning through fun, exploration, and choice of activities throughout our curriculum and learning centers.
What it reported doing in 2024
Child day care center
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.9%; rating input score 98
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.3%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 97.9% of revenue deployed · 96.6% of spending went to programs
- Governance: 4 of 4 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $936K in reported program spending
- Leadership: top reported pay $76K · 5 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 32/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.