Torrington Child Care Center Inc
- Assets
- $498.1k
- Revenue
- $811.2k
- Investments
- $0.0
- Employees
- 14
- Location
- Torrington, CT
- Founding
- 03/1989
- Data as of
- 09/2021
- EIN
- 06-1090038
Organization Overview
Torrington Child Care Center Inc is located in Torrington, CT. The organization was established in 1989. 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 09/2021, Torrington Child Care Center Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torrington Child Care 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 09/2021, Torrington Child Care Center Inc generated $811.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $695.8k during the year ending 09/2021. While expenses have increased by 0.6% 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
THE TORRINGTON CHILD CARE CENTER INC IS A NON PROFIT ORGANIZATION WHOSE PRIMARY PURPOSE IS TO PROVIDE A COMPREHENSIVE DAYCARE, PRESCHOOL AND SCHOOL READINESS PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER PROVIDES A COMPREHENSIVE DAYCARE, PRESCHOOL AND SCHOOL READINESS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Cecchinato Executive Director | OfficerTrustee | 40 | $126,456 |
Roberta Sterling Vice President | OfficerTrustee | 2 | $0 |
Diane Fox Secretary | OfficerTrustee | 1 | $0 |
Lisa Vance President | OfficerTrustee | 5 | $0 |
Kevin Knox Treasurer | OfficerTrustee | 2 | $0 |
Nicole Downs Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $381,276 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,586 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,862 |
| Total Program Service Revenue | $322,381 |
| Investment income | $5 |
| 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 | $811,188 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $451,215 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,105 |
| Payroll taxes | $41,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,263 |
| Advertising and promotion | $2,550 |
| Office expenses | $5,263 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,963 |
| Travel | $2,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,041 |
| Insurance | $11,108 |
| All other expenses | $0 |
| Total functional expenses | $695,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,150 |
| Savings and temporary cash investments | $316,770 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,481 |
| 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 | $0 |
| Net Land, buildings, and equipment | $159,716 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $498,117 |
| Accounts payable and accrued expenses | $29,195 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,195 |
| Net assets without donor restrictions | $468,922 |
| Net assets with donor restrictions | $0 |
| 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 | $498,117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Crown Heights Educational Centers Inc Brooklyn, NY | $13,044,302 | $39,783,189 |
Northeast Parent And Child Society Inc Albany, NY | $28,822,787 | $39,619,614 |
Day Care Council Of New York Inc New York, NY | $9,552,378 | $29,439,995 |
Local 1199 Employer Child Care Fund New York, NY | $9,599,746 | $26,390,532 |
Guild Of St Agnes Of Worcester Inc Worcester, MA | $20,569,585 | $28,747,687 |
All My Children Day Care And Nursery School Jamaica Estates, NY | $13,560,786 | $26,442,381 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
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 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |