Friendship Children's Center Inc

Nonprofit profile at a glance

EIN
160743027
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Rochester, NY, USA
Phone
5853427250
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions

Reported finances

Revenue
$1,589,243
Expenses
$1,339,836
Assets
$2,498,206
Liabilities
$78,629

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Dawn Minemier (Vice President)
  • Gina Lord (President)
  • Joi McMurtry (Executive Director)

Highest reported compensation

  • Joi McMurtry (Executive Director): $109,742 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Non-denominational, not-for-profit organization, which provides a wide range of family, and child support services to an economically and culturally diverse population of families in the greater Rochester area. (Continued on Schedule O)Aware of the continuing changing needs of families, services are designed to strengthen and supplement family life through age-appropriate educational, emotional, social and physical experiences in a nurturing environment. Highest quality of care is assured through access to community services, continued professional growth of staff and the initiation of new experiences for children and families. Friendship has been providing care for children for over 90 years.

What it reported doing in 2024

EPK/UPK - Learning begins with active interaction between the child and his or her environment. In Friendship's program, this often takes the form of play, a natural behavior of children. Friendship recognizes play- dynamic, creative and constructive activity - as one of the most profound means available to children for constructing and reconstructing, formatting and reformatting knowledge. We adopted the RCSD as a partner in collaboration on a curriculum adapted to the young child. The curriculum helps children by giving them a reliable and dependable structure to their day, a social emotional component and a curriculum that is appropriate for early learners. (Continued on Schedule O)27 Expanded Pre-Kindergarten (EPK) children attended and received a RCSD educational program. EPK is defined as any child who lives in the city of Rochester and is 3 before Dec. 1st of the school year. These children receive a free Pre-Kindergarten program paid for with funds from the RCSD. 36 Universal Pre-Kindergarten (UPK) children attended and received a RCSD educational program. UPK is defined as any child who lives in the city of Rochester and is 4 by Dec. 1st of the school year. The curriculum is designed to prepare children for Kindergarten.

Operating model

Revenue model
Earned-program. 87% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.9%; rating input score 64
  • Program expense ratio: 78.3%; rating input score 78
  • 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: 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: 8 of 8 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 15.7%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 1.86; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 8.2%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 63.9% of revenue deployed · 78.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1M in reported program spending
  • Leadership: top reported pay $110K · 12 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Sustainability: Officer compensation ratio scored 43/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.