Huffer Memorial Childrens Center Inc
- Assets
- $1.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 74
- Location
- Muncie, IN
- Founding
- 12/1966
- Data as of
- 12/2023
- EIN
- 35-1275252
Organization Overview
Huffer Memorial Childrens Center Inc is located in Muncie, IN. The organization was established in 1966. 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 12/2023, Huffer Memorial Childrens Center Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huffer Memorial 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 12/2023, Huffer Memorial Childrens Center Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DAY CARE SERVICES FOR FAMILIES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY CARE PROGRAM - HUFFER CHILD CARE CENTER IS A STATE LICENSED, NATIONALLY ACCREDITED (NAEYC), LEVEL 3 PATHS TO QUALITY PROGRAM SERVING FAMILIES WITH CHILDREN AGES SIX WEEKS TO TWELVE YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caleb Beasley President | OfficerTrustee | 4 | $0 |
Daniella Flowers 1st Vice President | OfficerTrustee | 4 | $0 |
Dr Patricia Clark 2nd Vice President | OfficerTrustee | 4 | $0 |
John Martin Treasurer | OfficerTrustee | 4 | $0 |
Carl Pieroni Secretary | OfficerTrustee | 4 | $0 |
Kevin Eckerty Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $68,204 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,090 |
| All other contributions, gifts, grants, and similar amounts not included above | $902,852 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $991,146 |
| Total Program Service Revenue | $1,274,405 |
| Investment income | $3,111 |
| 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 | $2,271,941 |
| 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. | $161,703 |
| Compensation of current officers, directors, key employees. | $50,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,204,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,859 |
| Payroll taxes | $108,426 |
| 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 | $25,042 |
| Advertising and promotion | $0 |
| Office expenses | $51,497 |
| Information technology | $8,191 |
| Royalties | $0 |
| Occupancy | $125,911 |
| Travel | $1,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,463 |
| Insurance | $0 |
| All other expenses | $2,540 |
| Total functional expenses | $1,907,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,141 |
| Savings and temporary cash investments | $880,212 |
| Pledges and grants receivable | $33,800 |
| Accounts receivable, net | $28,690 |
| 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 | $143 |
| Net Land, buildings, and equipment | $561,735 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,803,721 |
| Accounts payable and accrued expenses | $122,885 |
| 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 | $122,885 |
| Net assets without donor restrictions | $426,278 |
| Net assets with donor restrictions | $1,254,558 |
| 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 | $1,803,721 |