Water Babies Development Center Inc

Nonprofit profile at a glance

EIN
521815485
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Laurel, MD, USA
Phone
3012068964
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$42,551
Expenses
$1,761
Assets
$109,797
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • FELICIA LARRIMORE (PRESIDENT)
  • EMILY WILLIAMS (VICE PRESIDENT)

People named in this filing

  • FELICIA LARRIMORE (PRESIDENT)
  • EMILY WILLIAMS (VICE PRESIDENT)
  • MYESHA DAVIS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide early childhood daycare and education

What it reported doing in 2025

Water babies development center, inc was established to provide administrative services and quality educational and developmental child care for infants, toddlers, and preschoolers to x number of children

Operating model

Revenue model
Earned-program. 100% 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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 82
  • Sustainability: 90
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.1%; rating input score 4
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 95.9%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 62.35; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -118.1% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 90.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 45.6% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 4.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.