Meeting House Child Care Center Inc
Nonprofit profile at a glance
- EIN
- 043285887
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Newton, MA, USA
- Phone
- 6179648145
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $1,704,929
- Expenses
- $1,668,021
- Assets
- $2,189,090
- Liabilities
- $918,202
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Sarah Shaughnessy (President)
Highest reported compensation
- Pam Penton (Director): $102,330 total reported compensation
- Joanne Babineau (Assistant Director): $69,670 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Meeting house follows a play based approach to learning in a nurturing and safe environment for young children, ages 2 months to 5 years. Each child's individual interests are considered so that they are active participants in their own developmental journey. Our experienced teachers create strong family partnerships and make meaningful connections with each child in their care. They observe and develop curriculum that utilizes the environment to encourage exploration, promote social emotional well being and strong problem solving skills. We also have developed our program where the classrooms can mature during the course of the year, enabling the children to progress as a group rather then just switching rooms and teachers mid-year based solely on their birthday.
What it reported doing in 2024
Infant, toddler & preschool educational daycare program available to the general public in a licensed facility that enables individuals (parents/caregivers) to be gainfully employed. Provide daycare and preschool programs that support the development and well-being of children. The school offers programs in indoor and outdoor spaces. We are licensed for 54 children a day.
Operating model
- Revenue model
- Other-operating. 91% of the money available for current operations came from other operating 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 100
- Accountability: 73
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.5%; rating input score 80
- Program expense ratio: 81.3%; rating input score 81
- 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: 90%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 1.31; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 14.2% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 79.5% of revenue deployed · 81.3% of spending went to programs
- Governance: 9 of 10 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $102K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2009 to 2024
- 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.
- 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.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.