The Children's Center
Nonprofit profile at a glance
- EIN
- 521317062
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Franklin, VA, USA
- Phone
- 7575626806
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $12,800,888
- Expenses
- $12,581,506
- Assets
- $4,147,221
- Liabilities
- $806,556
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Highest reported compensation
- ROSALIND CUTCHINS (FORMER EXE D): $101,147 total reported compensation
- JANET OWEN (OPERATIONS D): $88,242 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 nurture and educate children and their families
What it reported doing in 2024
Early intervention/part c program serves children who are birth to three years of age and have developmental delays or disabilities. The program provides families with information, support, and services they need to encourage their child's development. Children enrolled often have complex needs including health imprairments. Pediatic therapy services are also offered. A service coordinator helps ensure that services are coordinated with health care and other community services. Services subject to fees are offered on a sliding fee scale based on the families' ability to pay. No child is declined services because of an inability to pay.
Operating model
- Revenue model
- Grant-funded. 87% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.5%; rating input score 87
- Program expense ratio: 88.1%; rating input score 88
- Fundraising efficiency: $417.42 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 66th 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: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.7%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 86.5% of revenue deployed · 88.1% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $11.1M in reported program spending
- Leadership: top reported pay $101K · 16 people listed
- Highest-paid contractors: 1 contractor listed · $135K reported
- Consistency: 32 of 32 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: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.