FPC Day School
Legal name: Dallas First Presbyterian Church Developmental Day School
Nonprofit profile at a glance
- EIN
- 751878337
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Dallas, TX, United States
- Phone
- 2147488051
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Child Day Care
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,967,709
- Expenses
- $2,306,323
- Assets
- $153,180
- Liabilities
- $143,644
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Cynthia Grady (Executive Director of School)
Highest reported compensation
- Cynthia Grady (Executive Director of School): $107,807 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our Mission is to educate children by nurturing intelligence, physical growth, social skills, and spiritual well-being. We deeply value our partnership with families, recognizing that you are your child’s first and most influential educator. Our **early childhood professionals** lead an outstanding program that works hand-in-hand with each family to support learning and growth. Recognized for Excellence In 2023, FPC Day School earned a prestigious **four-out-of-four-star rating** from the Texas Workforce Commission’s **Texas Rising Star program** —a mark of the highest quality in early education.
What it reported doing in 2024
The day school provides child care to infants and pre-school children in an environment that meets the needs of the "whole child" with instruction, nurturance and love that fosters the child's physical, emotional, cognitive, social and faith development. Scholarship grants are also provided to children in need.
Operating model
- Revenue model
- Other-operating. 92% of the money available for current operations came from other operating 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 96
- Accountability: 90
- Sustainability: 13
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.9%; rating input score 91
- Program expense ratio: 77.5%; rating input score 78
- Fundraising efficiency: $16.46 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th 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; 63rd 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: -17.2%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 27th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 90.9% of revenue deployed · 77.5% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $108K · 11 people listed
- Highest-paid contractors: 2 contractors listed · $476K reported
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 11/100.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.