Woon Headstart & Day Care Center
- Assets
- $3.6m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 106
- Location
- Woonsocket, RI
- Founding
- 05/1974
- Data as of
- 08/2021
- EIN
- 05-0354966
Organization Overview
Woon Headstart & Day Care Center is located in Woonsocket, RI. The organization was established in 1974. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 08/2021, Woon Headstart & Day Care Center employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woon Headstart & Day Care Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Woon Headstart & Day Care Center generated $4.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.4m during the year ending 08/2021. While expenses have increased by 2.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SOCIAL, EMOTIONAL, INTELLECTUAL AND PHYSICAL DEVELOPMENT OF CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START - FEDERALLY FUNDED PROGRAM PROVIDING QUALITY COMPREHENSIVE EARLY CHILDHOOD EDUCATION TO 190 DISADVANTAGED PRE-SCHOOL CHILDREN AND VARIOUS SUPPORT SERVICES TO THEIR FAMILIES.
CHILD CARE - COMPREHENSIVE EARLY EDUCATION AND CHILD CARE SERVICES PROVIDED FOR APPROX. 72 CHILDREN AGES 6 WEEKS TO 5 YEARS, ALLOWING PARENTS TO GO TO SCHOOL AND/OR BE GAINFULLY EMPLOYED.
RI PRE-KINDERGARTEN - A STATE FUNDED PROGRAM PROVIDING A HIGH QUALITY, PRE-KINDERGARTEN EDUCATION EXPERIENCE FOR 88 FOUR AND FIVE YEAR OLD CITY RESIDENTS.
CHILD AND ADULT FOOD PROGRAM THAT PROVIDES BREAKFAST, LUNCH AND A SNACK EACH DAY FOR THE CHILDREN, AND OTHER EXPENDITURES OF AGENCY AND DEDICATED PURPOSE FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Varr Executive Director | Officer | 40 | $107,218 |
Max Remele Fiscal Officer (to 11/20) | Officer | 25 | $48,873 |
Ismail Ishola Ayinla Fiscal Officer (as Of 11/20) | Officer | 25 | $6,250 |
Ann Ward President | OfficerTrustee | 1 | $0 |
Douglas T Brown Secretary | OfficerTrustee | 1 | $0 |
Angelo Mencucci Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,252 |
| Total Program Service Revenue | $4,624,793 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,690,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,923 |
| Compensation of current officers, directors, key employees. | $206,923 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,555,980 |
| Pension plan accruals and contributions | $100,515 |
| Other employee benefits | $332,787 |
| Payroll taxes | $192,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $54,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,924 |
| Advertising and promotion | $0 |
| Office expenses | $28,970 |
| Information technology | $85,368 |
| Royalties | $0 |
| Occupancy | $410,096 |
| Travel | $6,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,100 |
| Interest | $37,642 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,269 |
| Insurance | $25,676 |
| All other expenses | $9,490 |
| Total functional expenses | $4,443,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $593,931 |
| Savings and temporary cash investments | $90,385 |
| Pledges and grants receivable | $342,861 |
| Accounts receivable, net | $16,209 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $81,723 |
| Net Land, buildings, and equipment | $2,471,165 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,596,274 |
| Accounts payable and accrued expenses | $354,851 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $648,552 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,485 |
| Total liabilities | $1,010,888 |
| Net assets without donor restrictions | $1,849,263 |
| Net assets with donor restrictions | $736,123 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,596,274 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Woon Headstart & Day Care Center has recieved totaling $87,247.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $87,247 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Childrens Learning Centers Of Fairfield County Inc Stamford, CT | $16,683,944 | $15,937,676 |
Horizons For Homeless Children Inc Roxbury, MA | $38,808,218 | $18,496,836 |
Campus Child Care Inc Cambridge, MA | $6,709,229 | $14,434,733 |
South Shore Stars Inc East Weymouth, MA | $3,629,382 | $9,959,906 |
Springfield Day Nursery Corporation Springfield, MA | $7,228,841 | $10,253,502 |
For Kids Only Afterschool Incorporated Salem, MA | $15,157,232 | $10,496,692 |
Federal Hill House Association Inc Providence, RI | $2,380,022 | $7,492,649 |
Asylum Hill Family Medicine Center Inc Hartford, CT | $1,729,033 | $3,596,732 |
Boston Chinatown Neighborhood Center Inc Boston, MA | $10,290,236 | $7,467,156 |
Gregg Neighborhood House Association Inc Lynn, MA | $10,315,627 | $7,312,482 |
Hall Neighborhood House Inc Bridgeport, CT | $10,873,646 | $7,054,462 |