Student Parents Cooperative Day Care Center
Nonprofit profile at a glance
- EIN
- 910890896
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2065225388
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $873,047
- Expenses
- $815,248
- Assets
- $219,835
- Liabilities
- $88,772
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- David Sienkiewicz (Executive Director (until Nov 2024))
- Meghan Finney (Executive Director (Nov 2024 - Present))
Highest reported compensation
- David Sienkiewicz (Executive Director (until Nov 2024)): $102,890 total reported compensation
- Meghan Finney (Executive Director (Nov 2024 - Present)): $84,843 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 a safe and creative environment that fosters our children's social, emotional, cognitive, and physical growth, and instills in our children a respect for self, respect for others, and a joy for learning.
What it reported doing in 2024
We have created a nurturing, play-based learning environment where children develop socially, emotionally, cognitively, and physically through exploration, creativity, and hands-on experiences. Our emergent curriculum empowers children to follow their interests, build confidence, solve problems, and develop a lifelong love of learning. We have built a strong parent-teacher-child community that fosters meaningful partnerships between home and school, strengthens parenting connections, and creates a welcoming, supportive environment for families. We actively cultivate an anti-bias community that celebrates diversity in culture, family structure, abilities, lifestyles, and perspectives. Through inclusive practices and materials, we help children develop empathy, respect, confidence, and the ability to recognize and challenge bias. Our classrooms encourage independence, communication, cooperation, and emotional growth through positive guidance, empathetic conflict resolution, and respectful interactions. Children are supported in developing self-regulation, responsibility, and healthy relationships in a safe and encouraging environment. We are proud to provide enriching experiences through free play, outdoor exploration, creative expression, community engagement, and child-led discovery while preserving the joy and wonder of early childhood. We also invest in exceptional educators by supporting ongoing professional development, fair compensation, and strong workplace values, ensuring children and families receive thoughtful, high-quality care and education.
Operating model
- Revenue model
- Earned-program. 95% 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
SUPPORTED - 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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.5%; rating input score 84
- Program expense ratio: 89.4%; rating input score 89
- Fundraising efficiency: $1.82 raised per $1 spent on fundraising; rating input score 5; 5th 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: 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: Fail
- 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: 6.6%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 23%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 83.5% of revenue deployed · 89.4% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $729K in reported program spending
- Leadership: top reported pay $103K · 9 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.