Reston Childrens Center Inc
- Assets
- $3.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 78
- Location
- Reston, VA
- Founding
- 01/1973
- Data as of
- 08/2021
- EIN
- 54-0882788
Organization Overview
Reston Childrens Center Inc is located in Reston, VA. The organization was established in 1973. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2021, Reston Childrens Center Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reston 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 08/2021, Reston Childrens Center Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.5m during the year ending 08/2021. While expenses have increased by 0.3% 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
RESTON CHILDREN'S CENTER IS A PARENT-OWNED COOPERATIVE ORGANIZED TO FINANCE AND OPERATE A NON-PROFIT COMMUNITY PROGRAM SERVING THE DEVELOPMENTAL AND EDUCATIONAL NEEDS OF CHILDREN AND TO PROVIDE SUPPORT SYSTEMS FOR FAMILIES. THE PROGRAM INCLUDES INFANT CARE, PRESCHOOL EDUCATION,BEFORE AND AFTER-SCHOOL ENRICHMENT AND SUMMER CAMP FOR CHILDREN IN GRADES K THROUGH SIX.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHILDREN'S CENTER AND PRESCHOOL COOPERATIVE. PARENTS VOLUNTEER TIME IN THE CLASSROOM AND IN VARIOUS ADMINISTRATIVE CAPACITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fahemeh Pirzadeh Executive Dir. | Officer | 40 | $148,110 |
Joseph Mussey Treasurer | OfficerTrustee | 0.2 | $0 |
Kathleen Riley Secretary | OfficerTrustee | 0.8 | $0 |
Mark Marion President | OfficerTrustee | 0.8 | $0 |
Gavin Kratz Vice President | OfficerTrustee | 0.8 | $0 |
Sibyl Ketcham Treasurer | OfficerTrustee | 0.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $152 |
| Membership dues | $0 |
| Fundraising events | $6,025 |
| Related organizations | $0 |
| Government grants | $425,244 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $436,516 |
| Total Program Service Revenue | $3,479,328 |
| Investment income | $1,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,921,664 |
| 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. | $131,363 |
| Compensation of current officers, directors, key employees. | $131,363 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,355,317 |
| Pension plan accruals and contributions | $31,637 |
| Other employee benefits | $199,316 |
| Payroll taxes | $166,679 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,581 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,354 |
| Advertising and promotion | $1,396 |
| Office expenses | $28,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $227,714 |
| Travel | $6,790 |
| 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 | $94,511 |
| Insurance | $37,865 |
| All other expenses | $11,298 |
| Total functional expenses | $3,519,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,629 |
| Savings and temporary cash investments | $1,563,791 |
| Pledges and grants receivable | $309,960 |
| Accounts receivable, net | $33,964 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,811 |
| Prepaid expenses and deferred charges | $21,434 |
| Net Land, buildings, and equipment | $1,702,702 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,672,291 |
| Accounts payable and accrued expenses | $202,912 |
| 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 | $455,580 |
| Unsecured mortgages and notes payable | $540,585 |
| Other liabilities | $13,057 |
| Total liabilities | $1,212,134 |
| Net assets without donor restrictions | $2,460,157 |
| 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 | $3,672,291 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reston Childrens Center Inc has recieved totaling $1,298.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Indian Creek School Incorporated Crownsville, MD | $30,010,402 | $16,596,425 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |
Head Start Of Washington County Inc Hagerstown, MD | $4,452,901 | $7,265,317 |
Salisbury School Inc Salisbury, MD | $6,313,539 | $5,796,453 |
Niswonger Foundation Greeneville, TN | $22,434,674 | $9,108,493 |
Richmond Montessori School Inc Richmond, VA | $10,937,942 | $7,480,859 |