Riverfront Childrens Center Inc

Organization Overview

Riverfront Childrens Center Inc is located in Groton, CT. The organization was established in 1942. 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 06/2022, Riverfront Childrens Center Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverfront Childrens Center Inc 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 06/2022, Riverfront Childrens Center Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

EDUCATION AND HUMAN SERVICES.1. 28% OF FAMILIES LIVE AT OR BELOW 125% OF THE FEDERAL POVERTY LEVEL AND 72% ARE ASSET LIMITED, INCOME CONSTRAINED AND EMPLOYED (ALICE) FAMILIES WHO DO NOT EARN A WAGE THAT MEETS THE ALICE STABILITY BUDGET FOR NEW LONDON COUNTY FAMILIES. THESE FAMILIES RECEIVE TUITION ASSISTANCE THROUGH STATE AND FEDERAL GRANTS AND/OR SCHOLARSHIPS FROM DONATIONS AND FUNDRAISING.2. 83% OF THE CHILDREN ENROLLED IN THE PROGRAM MET DEVELOPMENTAL MILESTONES IN ALL OF THE ASSESSMENT AREAS (LANGUAGE, LITERACY, CREATIVE/ AESTHETICS, EARLY MATH AND PHYSICAL MOTOR SKILLS), AS MEASURED BY THE CT DOCUMENTATION AND OBSERVATION OF TEACHING SYSTEMS.


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Board, Officers & Key Employees

Name (title)Compensation
Susan A Radway
Executive Dir
$88,709
Michele Grohocki
Treasurer
$0
Darlynea Lepage
President
$0
Emily Lavoie
Secretary
$0
David Rose
Board Member
$0
Joyce Hedrick
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $824,787
All other contributions, gifts, grants, and similar amounts not included above$323,912
Noncash contributions included in lines 1a–1f $7,306
Total Revenue from Contributions, Gifts, Grants & Similar$1,148,699
Total Program Service Revenue$685,069
Investment income $1,249
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$10,186
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $2,512
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,827,492

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Riverfront Childrens Center Inc has recieved totaling $613,462.

Awarding OrganizationAmount
Edward And Mary Lord Foundation

North Franklin, CT

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$469,054
United Way Of Southeastern Conn Inc

Gales Ferry, CT

PURPOSE: THRIVING CHILDREN

$125,028
Liberty Bank Foundation

Middletown, CT

PURPOSE: TO SUPPORT EDUCATIONAL PROGRAMMING AT THE CENTER

$5,000
Brownington Foundation

New York, NY

PURPOSE: GENERAL FUNDING

$5,000
Liberty Bank Foundation

Middletown, CT

PURPOSE: TO SUPPORT EDUCATIONAL PROGRAMMING AT THE CENTER

$5,000
Dime Bank Foundation Inc

Norwich, CT

PURPOSE: EXEMPT PURPOSE

$3,000
View Grant Recipient Profile

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