Ossining Childrens Center Inc
- Assets
- $25.2m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 75
- Location
- Ossining, NY
- Founding
- 08/1950
- Data as of
- 06/2021
- EIN
- 13-1861927
Organization Overview
Ossining Childrens Center Inc is located in Ossining, NY. The organization was established in 1950. 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 06/2021, Ossining Childrens Center Inc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ossining 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 06/2021, Ossining Childrens Center Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 6.8% 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
PROVIDE CARE FOR CHILDREN IN A SAFE, NURTURING, AND ENRICHING ENVIRONMENT WHILE THEIR PARENTS WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EARLY CHILDHOOD PROGRAMS THAT NURTURE EACH CHILD'S UNIQUE DEVELOPMENTAL PATH DURING THE CRITICAL FORMATIVE YEARS OF 8 WEEKS THROUGH THE AGE OF 5 YEARS OLD. THE SCHOOL-AGE PROGRAM PROVIDES BEFORE AND AFTER SCHOOL CARE AND EDUCATIONAL ENRICHMENT, AS WELL AS A FULL-TIME RECREATIONAL AND ENRICHMENT DURING SCHOOL HOLIDAYS AND VACATIONS, AND FULL-DAY CAMP PROGRAMS IN THE SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Milbert Executive Director | Officer | 40 | $93,484 |
Vanessa Pairis Vice President | OfficerTrustee | 2 | $0 |
Darryl Moy Secretary | OfficerTrustee | 2 | $0 |
Noreen Celente Treasurer | OfficerTrustee | 2 | $0 |
Mark Levine President | OfficerTrustee | 2 | $0 |
Alexander Campbell Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Consigli Construction Ny Llc Construction | 6/29/21 | $10,275,110 |
Kaeyer Garment Davidson Architect's Architects | 6/29/21 | $183,289 |
Pat Corsetti Inc Contractor | 6/29/21 | $160,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $212,337 |
| Related organizations | $0 |
| Government grants | $1,566,580 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,381,145 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,160,062 |
| Total Program Service Revenue | $529,998 |
| Investment income | $63,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $143,274 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,896,664 |
| 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. | $109,561 |
| Compensation of current officers, directors, key employees. | $7,027 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,420,471 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $193,000 |
| Payroll taxes | $76,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $51,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,453 |
| Advertising and promotion | $31,883 |
| Office expenses | $76,721 |
| Information technology | $18,352 |
| Royalties | $0 |
| Occupancy | $100,094 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $318,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $422,443 |
| Insurance | $48,063 |
| All other expenses | $27,049 |
| Total functional expenses | $3,161,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $969,764 |
| Savings and temporary cash investments | $596,055 |
| Pledges and grants receivable | $4,099,393 |
| Accounts receivable, net | $0 |
| 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 | $41,761 |
| Net Land, buildings, and equipment | $16,332,444 |
| Investments—publicly traded securities | $3,145,758 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,535 |
| Total assets | $25,188,710 |
| Accounts payable and accrued expenses | $188,007 |
| 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 | $6,306,840 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $416,686 |
| Total liabilities | $6,911,533 |
| Net assets without donor restrictions | $12,593,943 |
| Net assets with donor restrictions | $5,683,234 |
| 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 | $25,188,710 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ossining Childrens Center Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Agb Fund Inc Tarrytown, NY PURPOSE: UNRESTRICTED GIFT | $5,000 |
Endowment Analysis
| Beg. Balance | $502,542 |
| Earnings | $155,305 |
| Net Contributions | $8,760 |
| Ending Balance | $666,607 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |