Washington County Family Center
Nonprofit profile at a glance
- EIN
- 222652676
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Montpelier, VT, USA
- Phone
- 8022623292
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $3,703,391
- Expenses
- $3,390,617
- Assets
- $5,349,813
- Liabilities
- $1,217,628
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KATY LEFFEL (PRESIDENT)
Highest reported compensation
- CLAIRE KENDALL (EXEC DIRECTO): $88,592 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Building resourceful families and healthy children to create a strong community.
What it reported doing in 2024
Our 5 stars state accredited early childhood program serves 22 children from 6 weeks through 5 years. This fully inclusive program serves typical children and children with special needs. The children receive quality care critical for early brain development, building cognitive, social, and physical skills that will serve them for a lifetime. Our curriculum is designed to meet the developmental needs of children. Play is the primary means of encouraging skill development. The children are given the opportunity to actively manipulate materials and the physical environment and thus gain new skills by playing with each other and interacting with adults. Each child develops or learns at his/her own rate and new skills are acquired when that child is developmentally ready.
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 94% 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: 83
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: 86.9%; rating input score 87
- Fundraising efficiency: $140.39 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
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: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 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: 8.4%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 80.3% of revenue deployed · 86.9% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.9M in reported program spending
- Leadership: top reported pay $89K · 7 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.