The Childrens Workshop
Nonprofit profile at a glance
- EIN
- 382226437
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2013
- Location
- Grand Rapids, MI, USA
- Phone
- 6169770555
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $369,051
- Expenses
- $360,399
- Assets
- $380,712
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Highest reported compensation
- ELIZABETH REID (DIRECTOR): $27,550 total reported compensation
- KATIE BRADLEY (ASST DIRECTOR): $22,680 total reported compensation
- KERRY WISER (BUSINESS ADMINISTRATOR): $14,430 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preschool education
What it reported doing in 2024
The childrens workshop is a state licensed child care facility providing pre-school education
Operating model
- Revenue model
- Earned-program. 93% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Accountability: 66
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.7%; rating input score 98
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 76.9%; rating input score 77; 20th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.3%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 17.9%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 14.3% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 97.7% of revenue deployed · 100% of spending went to programs
- Governance: 10 of 13 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $360K in reported program spending
- Leadership: top reported pay $28K · 13 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Officer compensation ratio scored 21/100.