Trinity Child Development Center
Nonprofit profile at a glance
- EIN
- 741494756
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Austin, TX, USA
- Phone
- 5129282212
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $482,582
- Expenses
- $720,732
- Assets
- $346,333
- Liabilities
- $33,806
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Cynthia Romero (Executive Director)
- Quinn Bott (President)
- Ashleigh Carreon (Vice President)
Highest reported compensation
- Cynthia Romero (Executive Director): $67,950 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Trinity CDC is to provide quality, affordable care and education to young children and their families within our economically and ethnically diverse neighborhood. We strive to provide stability and support to the children in our care and to their families, so that together we can truly impact future generations.
What it reported doing in 2024
We provide quality and affordable early care and education to an average of 45 children ages 1 through 5 Monday through Friday from 7 a.m. to 5:30 p.m. We also help the families of these children by facilitating regular two-way communication between the teachers and the families so that, as a team, we can provide the best consistent care for the children. Parent Support Groups are held regularly so that we may discuss challenging areas of development. Retention and continuing education for teachers is another piece of this service - we attempt to help teachers with higher education and provide continuing education classes for them so that they can be aware of and use best practices in the care and education of the children.
Operating model
- Revenue model
- Earned-program. 88% 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.
- 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 86
- Accountability: 84
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.7%; rating input score 86
- Fundraising efficiency: $1.95 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd 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; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -49.3%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 9.4%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 18.7% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.7% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $618K in reported program spending
- Leadership: top reported pay $68K · 6 people listed
- Consistency: 43 of 44 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- High — Sustainability: Officer compensation ratio scored 29/100.