Swannanoa Valley Child Care Council Inc
- Assets
- $1.8m
- Revenue
- $815.3k
- Investments
- $0.0
- Employees
- 27
- Location
- Black Mountain, NC
- Founding
- 04/1982
- Data as of
- 12/2021
- EIN
- 56-1257811
Organization Overview
Swannanoa Valley Child Care Council Inc, operating under the name Donald S Collins Early Learnin, is located in Black Mountain, NC. 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, Donald S Collins Early Learnin employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald S Collins Early Learnin 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, Donald S Collins Early Learnin generated $815.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $651.2k during the year ending 12/2021. While expenses have increased by 4.0% 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
DONALD S COLLIN CENTER IS COMMITTED TO SERVING CHILDREN, SIX WEEKS TO KINDERGARTEN, FROM DIVERSE FAMILIES. OUR CARING, TRAINED STAFF PROVIDE A SAFE AND NURTURING ENVIRONMENT WITH CREATIVE AND DEVELOPMENTALLY APPROPRIATE EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWANNANOA VALLEY CHILD CARE COUNCIL COMMITS ITSELF TO NUTURING THE CURIOSITY OF YOUNG CHILDREN. PLAY HAS AN IMPORTANT ROLE IN THE EARLY YEARS OF DEVELOPMENT. AT COLLINS EARLY LEARNING CENTER, WE PROVIDE THEME -BASED OPPORTUNITIES TO GROW AND LEARN WHILE BEING CLOSELY SUPERVISED BY EXPERIENCED EDUCATORS. IN 2021, THE CENTERS ENROLLMENT WAS 89, WITH 59 OF THOSE CHILDREN RECEIVING FREE OR REDUCED MEALS THROUGH CACFP. OUR NEW FACILITY NOW OFFERS ROOMS FOR OCCUPATIONAL AND SPEECH THERAPY. OUR NEW FACILITY ALSO OFFERS THE CAPACITY TO EXPAND, ALLOWING US TO SERVE MORE CHIDREN AND FAMILIES IN THE AREA. NEW CLASSROOM MATERIALS DISPLAY DIVERSITY, THUS MEETING THE NEEDS OF INDIVIDUALS WITH VARYING ABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monnie L Wright Executive Director | Officer | 40 | $40,656 |
Tom Cannon Treasurer | OfficerTrustee | 10 | $0 |
Linda Hobson Board Chair | OfficerTrustee | 20 | $0 |
John Dewitt Vice Chair | OfficerTrustee | 20 | $0 |
Corise Gambrell Secretary | OfficerTrustee | 10 | $0 |
Wayne Mullis Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,028 |
| Related organizations | $0 |
| Government grants | $215,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,857 |
| Total Program Service Revenue | $541,050 |
| Investment income | $87 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $280 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $815,274 |
| 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. | $40,626 |
| Compensation of current officers, directors, key employees. | $3,252 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $361,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,802 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $275 |
| Advertising and promotion | $0 |
| Office expenses | $3,758 |
| Information technology | $6,623 |
| Royalties | $0 |
| Occupancy | $74,821 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $337 |
| Interest | $28,192 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,956 |
| Insurance | $11,609 |
| All other expenses | $896 |
| Total functional expenses | $651,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $441,371 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,361 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,392,155 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,101 |
| Other assets | $0 |
| Total assets | $1,839,988 |
| Accounts payable and accrued expenses | $0 |
| 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 | $286,331 |
| Unsecured mortgages and notes payable | $147,922 |
| Other liabilities | $0 |
| Total liabilities | $434,253 |
| Net assets without donor restrictions | $1,405,735 |
| 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 | $1,839,988 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Swannanoa Valley Child Care Council Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: IMPROVING EDUCATIONAL OPPORTUNITIES | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Care Services Association Chapel Hill, NC | $9,435,676 | $35,180,731 |
Porter-Leath Memphis, TN | $49,048,141 | $36,176,100 |
Children And Families First Greensboro, NC | $16,601,119 | $28,435,944 |
Quality Care For Children Inc Atlanta, GA | $7,415,823 | $20,444,719 |
Child Care Resources Inc Charlotte, NC | $14,134,148 | $14,856,531 |
The Childrens Center Franklin, VA | $3,548,502 | $14,069,816 |
Campagna Center Inc Alexandria, VA | $7,278,188 | $13,190,790 |
Child Care Resources Inc Richmond, VA | $3,029,926 | $11,141,593 |
Positively Living Inc Knoxville, TN | $4,436,601 | $10,571,861 |
Community Childcare Food Supplement Inc Savannah, GA | $1,811,584 | $9,216,213 |
Southwestern Child Development Commission Inc Webster, NC | $5,030,316 | $8,632,437 |
Emory Egleston Cdc Employees Child Care Center Inc Atlanta, GA | $4,269,050 | $7,212,681 |