Childrens Place Inc
- Assets
- $4.4m
- Revenue
- $4.9m
- Investments
- $817.1k
- Employees
- 71
- Location
- Aiken, SC
- Founding
- 06/1963
- Data as of
- 12/2021
- EIN
- 57-0407808
Organization Overview
Childrens Place Inc is located in Aiken, SC. The organization was established in 1963. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Childrens Place Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Place 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, Childrens Place Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 2.3% 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 HELP GROW STRONG AND RESILIENT CHILDREN AND FAMILIES, CREATING SAFER AND HEALTHIER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEHAVIORAL REHABILITATION SERVICES (THERAPEUTIC CHILD CARE)- THIS SERVICE IS A SERIES OF INDIVIDUALLY PLANNED INTERVENTIONS TO CHANGE A CHILD'S MALADAPTIVE BEHAVIORS THAT ARE THE RESULT OF ABUSE, NEGLECT, IMPROPER PARENTING OR PROBLEMATIC PARENTING. THIS SERVICE INCLUDES MENTAL HEALTH COUNSELING FOR CHILDREN, PARENT TRAINING, FAMILY SUPPORT, AND CLASSROOM, SOCIAL PEER GROUP, AND COMMUNITY BASED INTERVENTIONS.
TRANSPORTATION SERVICES - TRANSPORTATION FOR YOUNG CHILDREN TO OUR BEHAVIORAL REHABILITATION SERVICES.
CHILD CARE FOOD PROGRAM - THIS PROGRAM ALLOWS CHILDREN TO RECEIVE BREAKFAST, LUNCH, AND AN AFTERNOON SNACK DAILY AT NO ADDITIONAL COST TO THE FAMILY. REVENUE IS BASED ON INDIVIDUAL FAMILIES POVERTY LEVEL.
STRENGTHENING FAMILIES PROGRAM - AN EVIDENCE BASED FAMILY SKILLS TRAINING PROGRAM FOUND TO SIGNIFICANTLY IMPROVE PARENTING SKILLS AND FAMILY RELATIONSHIPS, REDUCE PROBLEM BEHAVIORS, DELINQUENCY, AND ALCOHOL AND DRUG ABUSE IN CHILDREN, AND TO IMPROVE SOCIAL COMPETENCIESAND SCHOOL PERFORMANCE. FOUR TO FOURTEEN WEEK PROGRAMS ARE OFFERED IN AIKEN AND BARNWELL COUNTIES ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret S Ford Executive Director | Officer | 60 | $61,382 |
Jeanne Townes Norris President | OfficerTrustee | 1 | $0 |
Janice Lawson Vice-President | OfficerTrustee | 1 | $0 |
Sandra Fairchild Treasurer | OfficerTrustee | 1 | $0 |
Megan Maxwell Secretary | OfficerTrustee | 1 | $0 |
Sara Wood Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $182,298 |
| Membership dues | $0 |
| Fundraising events | $265,560 |
| Related organizations | $0 |
| Government grants | $679,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,641,344 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,768,708 |
| Total Program Service Revenue | $1,193,190 |
| Investment income | $4,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$29,201 |
| Net Income from Gaming Activities | $9,360 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,947,653 |
| 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. | $62,267 |
| Compensation of current officers, directors, key employees. | $895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,613,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $108,800 |
| Payroll taxes | $126,253 |
| 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 | $52,904 |
| Advertising and promotion | $10,283 |
| Office expenses | $197,565 |
| Information technology | $44,700 |
| Royalties | $0 |
| Occupancy | $21,838 |
| Travel | $33,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,794 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,680 |
| Insurance | $52,557 |
| All other expenses | $99,840 |
| Total functional expenses | $2,716,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,624,375 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $224,017 |
| Accounts receivable, net | $123,026 |
| 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 | $12,377 |
| Net Land, buildings, and equipment | $640,677 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $817,076 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,441,548 |
| Accounts payable and accrued expenses | $132,186 |
| 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 | $142,371 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $274,557 |
| Net assets without donor restrictions | $986,405 |
| Net assets with donor restrictions | $3,180,586 |
| 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 | $4,441,548 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Childrens Place Inc has recieved totaling $598,466.
| Awarding Organization | Amount |
|---|---|
Duke Endowment Charlotte, NC PURPOSE: TO IMPLEMENT SAFECARE AND THE INCREDIBLE YEARS. | $190,000 |
United Way Of Aiken County Aiken, SC PURPOSE: SEE PAGE 2, PART IV | $170,910 |
Childrens Trust Fund Of South Carolina Columbia, SC PURPOSE: STRENGTHENING FAMILIES PROGRAM | $137,896 |
Yawkey Foundation Ii Dedham, MA PURPOSE: BASIC NEEDS (FOOD, HOUSING) ACCESS FOR UNDERSERVED INDIVIDUALS AND FAMILIES | $20,000 |
Lpr Charitable Tr Jackson, WY PURPOSE: GENERAL & UNRESTRICTED | $16,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $15,750 |
Endowment Analysis
| Beg. Balance | $876,264 |
| Net Contributions | $483,588 |
| Other Expense | $269,713 |
| Ending Balance | $1,090,139 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
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 |
The Augusta Preparatory Day School Martinez, GA | $25,344,401 | $14,944,838 |
High Meadows School Inc Roswell, GA | $15,794,704 | $8,144,978 |
Raleigh School Inc Raleigh, NC | $13,452,378 | $6,056,870 |
Triangle Day School Inc Durham, NC | $8,607,980 | $5,280,206 |
John Milledge Academy Inc Milledgeville, GA | $6,442,412 | $5,275,141 |
Waldorf Educational Association Of Nc Inc Chapel Hill, NC | $4,735,222 | $4,389,934 |
Arbor Montessori School Inc Decatur, GA | $12,591,024 | $5,054,396 |
Greensboro Montessori School Greensboro, NC | $6,824,033 | $4,292,640 |