Georgetown Hill Child Care Center Inc
- Assets
- $10.0m
- Revenue
- $20.6m
- Investments
- $0.0
- Employees
- 456
- Location
- Montgomery Village, MD
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 52-1232664
Organization Overview
Georgetown Hill Child Care Center Inc is located in Montgomery Village, MD. The organization was established in 1982. 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 12/2021, Georgetown Hill Child Care Center Inc employed 456 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgetown Hill 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 12/2021, Georgetown Hill Child Care Center Inc generated $20.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $15.8m during the year ending 12/2021. While expenses have increased by 10.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY CHILD CARE AND PROMOTE THE TOTAL DEVELOPMENT OF THE CHILD IN ANY LEARNING OR RECREATIONAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS EDUCATIONAL PROGRAMS FOR PRESCHOOL CHILDREN, A SUMMER CAMP, AND BEFORE AND AFTER SCHOOL CARE FOR CHILDREN AGED 2 TO 10. THE STUDENT BODY CONSISTS OF APPROXIMATELY 260 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Cromwell CEO | OfficerTrustee | 40 | $408,471 |
Kristen Cromwell COO | 40 | $229,376 | |
Margaret Breitenbach CFO | Officer | 40 | $179,622 |
Fernandos Dudley Campus Direc | 40 | $105,053 | |
Terri Gatewood Campus Direc | 40 | $100,083 | |
James O'neill President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,856,858 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,877,525 |
| Total Program Service Revenue | $16,578,597 |
| Investment income | $0 |
| 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 | $20,593,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,212 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $619,023 |
| Compensation of current officers, directors, key employees. | $599,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,767,732 |
| Pension plan accruals and contributions | $153,866 |
| Other employee benefits | $1,013,211 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,170 |
| Fees for services: Accounting | $80,651 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,264 |
| Advertising and promotion | $167,062 |
| Office expenses | $140,431 |
| Information technology | $65,125 |
| Royalties | $0 |
| Occupancy | $785,797 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,440 |
| Insurance | $180,745 |
| All other expenses | $411,529 |
| Total functional expenses | $15,766,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,355,695 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,296 |
| 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 | $167,878 |
| Net Land, buildings, and equipment | $3,459,621 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,450,000 |
| Intangible assets | $110,550 |
| Other assets | $382,362 |
| Total assets | $9,950,402 |
| Accounts payable and accrued expenses | $991,006 |
| Grants payable | $0 |
| Deferred revenue | $410,273 |
| 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 | $3,183,441 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $335,959 |
| Total liabilities | $4,920,679 |
| Net assets without donor restrictions | $5,029,723 |
| 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 | $9,950,402 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Georgetown Hill Child Care Center Inc has recieved totaling $46,008.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $40,421 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,335 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Butler County Childrens Center Inc Butler, PA | $4,755,863 | $35,804,322 |
Child Development Centers Inc Erie, PA | $22,860,787 | $26,993,736 |
Bradford Child Care Services Inc Bridgeville, PA | $6,738,908 | $20,770,769 |
Child Development And Family Council Of Centre County State College, PA | $3,508,640 | $21,304,471 |
River Valley Child Development Services Huntington, WV | $6,974,645 | $16,881,683 |
Georgetown Hill Child Care Center Inc Montgomery Village, MD | $9,950,402 | $20,593,536 |
Centronia Washington, DC | $17,606,173 | $16,952,822 |
The Childrens Center Franklin, VA | $3,548,502 | $14,069,816 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Campagna Center Inc Alexandria, VA | $7,278,188 | $13,190,790 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |