University Avenue Daycare Inc Dba University Avenue Discovery Center

Nonprofit profile at a glance

EIN
391319810
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Madison, WI, USA
Phone
6082389805
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Child Day Care

Official website

Reported finances

Revenue
$756,663
Expenses
$654,823
Assets
$422,412
Liabilities
$182,804

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Jeremiah Hepner (President)
  • Rachel Lauderdale (Vice President)
  • Andrew Pierson (President)

Highest reported compensation

  • Ikran Hassan (Executive Dir.): $66,418 total reported compensation
  • David Seeger (Trustee): $44,242 total reported compensation
  • Sara Hassan (Trustee): $40,591 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our pursuit is to emphasize equality, solidarity, emotional literacy, and exploration of the arts within our classrooms and surrounding community. It is our goal to build on a child's academic foundation with play based learning, hands-on experimentation, group discussion, and utilizing local educational resources. UADC is committed to working cooperatively with all families to foster an interwoven community that supports and enriches our shared experiences. We provide care for children 2 yr. 6 mo. and older.

What it reported doing in 2024

Our center is licensed by the State of Wisconsin to care for 75 children or under. We offer individualized care for children aged 2 years 6 months through age 5, and prepare them for kindergarten. We also offer an after school program for school aged children 5 through 11 years of age. The after school program assists children in completing homework, supporting friendships, and getting large motor exercise. During summer we offer a day camp program for children who have completed kindergarten through age 11. Summer programming includes swimming lessons, community based field trips, and both recreational and educational play. All of our programs introduce children to the arts through classes in yoga, dance, and art education. We prepare and serve healthy, hot meals for breakfast, lunch, and a snack on site.

Operating model

Revenue model
Earned-program. 99% 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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 86
  • Accountability: 40
  • Sustainability: 43
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.8%; rating input score 54
  • Program expense ratio: 62.2%; rating input score 62
  • Fundraising efficiency: $6.42 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th 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: 50%; rating input score 50; 11th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.5%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -10.4% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -3.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 53.8% of revenue deployed · 62.2% of spending went to programs
  • Governance: 3 of 6 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $407K in reported program spending
  • Leadership: top reported pay $66K · 12 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.