The Childrens Center of Lexington Inc
Nonprofit profile at a glance
- EIN
- 042484464
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Lexington, MA, USA
- Phone
- 7818619370
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,725,449
- Expenses
- $1,832,103
- Assets
- $1,146,827
- Liabilities
- $384,527
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Alaya Killgoar (Vice President)
- Andrew Goering (President)
Highest reported compensation
- Allegra Taylor (Executive Dir.): $81,267 total reported compensation
- Sarah Boleski (Executive Dir.): $68,246 total reported compensation
- Alaya Killgoar (Vice President): $63,826 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Children's Center of Lexington strives to provide a nurturing, child-centered environment; promote the development of a child's emotional, social, physical, creative and intellectual skills; and support and strengthen the family's function as the main source of security and identity for the young child.Since the needs of each child vary, goals are individually set. We seek to balance quiet and active, and group individual activity throughout the day. We provide opportunities for art, block work, dramatic play, cooking, painting, woodworking, puzzles, field trips, science exploration, math and reading readiness, music, creative movement, and sand and water play.
What it reported doing in 2024
Children's Center of Lexington strives to provide a nurturing, child-centered environment; promote the development of a child's emotional, social, physical, creative and intellectual skills; and support and strengthen the family's function as the main source of security and identity for the young child. Since the needs of each child vary, goals are individually set. We seek to balance quiet and active, and group individual activity throughout the day. We provide opportunities for art, block work, dramatic play, cooking, painting, woodworking, puzzles, field trips, science exploration, math and reading readiness, music, creative movement, and sand and water play.
Operating model
- Revenue model
- Earned-program. 84% 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 - 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: 80
- Transparency & Controls: 90
- Accountability: 80
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 86.6%; rating input score 87
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 73.3%; rating input score 73; 15th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -6.2%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 17.9%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 92.1% of revenue deployed · 86.6% of spending went to programs
- Governance: 11 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $81K · 15 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 5 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.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Accountability: Governance controls: Conflict-of-interest policy not reported.
- High — Sustainability: Officer compensation ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.