Rock Spring Childrens Center Inc
- Assets
- $1.8m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 66
- Location
- Bethesda, MD
- Founding
- 07/1994
- Data as of
- 08/2020
- EIN
- 52-1854414
Organization Overview
Rock Spring Childrens Center Inc, operating under the name Rock Spring Children's Center, is located in Bethesda, MD. The organization was established in 1994. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 08/2020, Rock Spring Children's Center employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock Spring Children's Center 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 08/2020, Rock Spring Children's Center generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $3.7m during the year ending 08/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OUR PROGRAM IS TO PROVIDE QUALITY LICENSED CHILDCARE FOR INFANTS THROUGH FIVE YEAR OLDS AS A NONPROFIT SERVICE TO THE COMMUNITY. WE PROVIDE A CAREFULLY PLANNED, STIMULATING PROGRAM FOR THE COGNITIVE, PHYSICAL, SOCIAL AND EMOTIONAL DEVELOPMENT OF YOUNG CHILDREN IN A SAFE, CLEAN, AND NURTURING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER PROVIDED CHILD CARE SERVICES FOR OVER 150 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaun Rose School Presi | OfficerTrustee | 40 | $102,966 |
Caroline Meyer Exec Directo | Trustee | 40 | $93,913 |
Ross Berman Treasurer | OfficerTrustee | 0.5 | $0 |
Jamie Lasher Secretary | OfficerTrustee | 0.5 | $0 |
Jackie Demitz Board Presid | OfficerTrustee | 0.5 | $0 |
Susan Goldberg Vice Preside | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $333,345 |
| Investment income | $16,259 |
| 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 | $2,957,143 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $2,119,768 |
| Pension plan accruals and contributions | $22,889 |
| Other employee benefits | $239,330 |
| Payroll taxes | $154,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,767 |
| Fees for services: Accounting | $12,550 |
| Fees for services: Lobbying | $35,922 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,912 |
| Office expenses | $33,475 |
| Information technology | $17,926 |
| Royalties | $0 |
| Occupancy | $527,924 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,738 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,811 |
| Insurance | $35,956 |
| All other expenses | $0 |
| Total functional expenses | $3,676,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,652 |
| Savings and temporary cash investments | $1,103,656 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,239 |
| 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 | $52,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,791,161 |
| Accounts payable and accrued expenses | $62,050 |
| 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 | $528,969 |
| Other liabilities | $390,027 |
| Total liabilities | $981,046 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $810,115 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rock Spring Childrens Center Inc has recieved totaling $713.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $713 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Folium Inc Chambersburg, PA | $14,596,128 | $25,665,038 |
Kidspeace National Centers Of New England Inc Schnecksville, PA | $8,095,792 | $17,415,455 |
Glade Run Lutheran Services Zelienople, PA | $21,485,786 | $18,765,476 |
Virginia Baptist Childrens Home And Family Services Salem, VA | $22,485,858 | $18,159,448 |
Friendship House Scranton, PA | $19,332,908 | $21,173,767 |
Kidspeace National Centers Of North America Inc Schnecksville, PA | $6,013,176 | $16,966,770 |
Auberle Mckeesport, PA | $5,710,506 | $15,397,907 |
Educare Dc Washington Dc, DC | $20,810,624 | $14,867,843 |
Youth Services System Inc Wheeling, WV | $12,303,139 | $14,112,236 |
Sasha Bruce Youthwork Inc Washington, DC | $9,241,536 | $13,751,590 |
Teen Challenge Training Center Inc Rehrersburg, PA | $9,415,293 | $15,359,056 |
Alliance For Early Success Washington, DC | $17,838,939 | $14,007,365 |