Kingsport Child Development Center
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 36
- Location
- Kingsport, TN
- Founding
- 02/1964
- Data as of
- 12/2021
- EIN
- 62-0589740
Organization Overview
Kingsport Child Development Center is located in Kingsport, TN. The organization was established in 1964. 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, Kingsport Child Development Center employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsport Child Development 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 12/2021, Kingsport Child Development Center generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $681.1k during the year ending 12/2021. While expenses have increased by 4.8% 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
THE CENTER WAS CREATED FOR THE PURPOSE OF ESTABLISHING, MAINTAINING AND OPERATING A DAY NURSERY FOR CHILDREN IN NEED OF TEMPORARY CARE BECAUSE OF WORKING PARENTS AND PARENTS WHO ARE FINANCIALLY UNABLE TO PROVIDE FOR OTHER CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER WAS CREATED FOR THE PURPOSE OF ESTABLISHING, MAINTAINING AND OPERATING A DAY NURSERY FOR CHILDREN IN NEED OF TEMPORARY CARE BECAUSE OF WORKING PARENTS AND PARENTS WHO ARE FINANCIALLY UNABLE TO PROVIDE FOR OTHER CARE.
THE CENTER WAS CREATED FOR THE PURPOSE OF ESTABLISHING, MAINTAINING AND OPERATING A DAY NURSERY FOR CHILDREN IN NEED OF TEMPORARY CARE BECAUSE OF WORKING PARENTS AND PARENTS WHO ARE FINANCIALLY UNABLE TO PROVIDE FOR OTHER CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Burton Executive Di | Trustee | 40 | $37,880 |
Stacey Bogle Vice Preside | Trustee | 1 | $0 |
Amanda Davenport Member | Trustee | 1 | $0 |
Sandy Teague Treasurer | Trustee | 1 | $0 |
Mariah Golden Member | Trustee | 1 | $0 |
Deone Mears Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $116,468 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $751,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,699 |
| Noncash contributions included in lines 1a–1f | $7,005 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $975,692 |
| Total Program Service Revenue | $108,184 |
| Investment income | $813 |
| 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 | $1,084,689 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $430,051 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,757 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $294 |
| Office expenses | $1,319 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,281 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $288 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,619 |
| Insurance | $12,207 |
| All other expenses | $7,027 |
| Total functional expenses | $681,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,044 |
| Savings and temporary cash investments | $321,579 |
| Pledges and grants receivable | $255,695 |
| Accounts receivable, net | $4,255 |
| 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 | $3,657 |
| Net Land, buildings, and equipment | $525,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,113,208 |
| Accounts payable and accrued expenses | $13,810 |
| Grants payable | $0 |
| Deferred revenue | $8,250 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,060 |
| Net assets without donor restrictions | $1,091,148 |
| 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 | $1,113,208 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kingsport Child Development Center has recieved totaling $99,016.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Kingsport Inc Kingsport, TN PURPOSE: OPERATIONS | $98,998 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The Children Of Mississippi Inc Flowood, MS | $32,913,948 | $30,247,963 |
The Sheltering Arms Atlanta, GA | $37,115,971 | $26,836,460 |
Lausanne Collegiate School Memphis, TN | $29,785,379 | $21,342,655 |
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Washington County Opportunities Inc Greenville, MS | $2,892,910 | $12,059,595 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |