Bentonville Child Care And Development Center Inc
- Assets
- $17.6m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 111
- Location
- Bentonville, AR
- Founding
- 11/1982
- Data as of
- 12/2021
- EIN
- 71-0559432
Organization Overview
Bentonville Child Care And Development Center Inc, operating under the name Helen R Walton Children's Center, is located in Bentonville, AR. The organization was established in 1982. As of 12/2021, Helen R Walton Children's Center employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helen R Walton 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 12/2021, Helen R Walton Children's Center generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 2.8% 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
PROVIDE CHILD CARE ASSISTANCE WITH AN EMPHASIS ON EARLY CHILDHOOD DEVELOPMENT AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CHILD CARE WITH AN EMPAHSIS ON EARLY CHILDHOOD DEVELOPMENT AND EDUCATION FOR EMPLOYED INDIVIDUALS OF THE GENERAL PUBLIC IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Barnes Executive Director | Officer | 40 | $126,876 |
Sarah Rowden Vice President | OfficerTrustee | 1 | $0 |
Dwayne Milum Treasurer | OfficerTrustee | 1 | $0 |
Lynsey Heffren President | OfficerTrustee | 1 | $0 |
Lindsey Helt Secretary | OfficerTrustee | 1 | $0 |
Carl Crowe Bod Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Performance Foodservice Food | 12/30/21 | $220,511 |
Absolute Janitorial Services Llc Monthly Janitorial Services | 12/30/21 | $140,782 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $41,002 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,861,885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,902,887 |
| Total Program Service Revenue | $3,145,768 |
| Investment income | $409 |
| 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 | $5,049,064 |
| 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. | $126,876 |
| Compensation of current officers, directors, key employees. | $95,157 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,241,461 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $385,259 |
| Payroll taxes | $184,803 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,366 |
| Advertising and promotion | $15,380 |
| Office expenses | $0 |
| Information technology | $18,001 |
| Royalties | $0 |
| Occupancy | $122,610 |
| Travel | $0 |
| 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 | $495,694 |
| Insurance | $41,751 |
| All other expenses | $18,612 |
| Total functional expenses | $4,454,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $917,506 |
| Savings and temporary cash investments | $20,774 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $148,386 |
| 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 | $6,107 |
| Net Land, buildings, and equipment | $16,493,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,585,972 |
| Accounts payable and accrued expenses | $244,742 |
| Grants payable | $0 |
| Deferred revenue | $51,610 |
| 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 | $634,276 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $930,628 |
| Net assets without donor restrictions | $16,031,119 |
| Net assets with donor restrictions | $624,225 |
| 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 | $17,585,972 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Bentonville Child Care And Development Center Inc has recieved totaling $972,913.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT SLIDING SCALE, NEEDS-BASED TUITION AT THE HELEN R. WALTON CHILDREN'S CENTER. | $584,678 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT THE HELEN R. WALTON CHILDREN'S ENRICHMENT CENTER'S SLIDING SCALE TUITION PROGRAM FOR THE SPRING SEMESTER OF THE 2020-2021 SCHOOL YEAR AND THEIR STRATEGIC PLANNING PROCESS. | $250,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT GENERAL OPERATIONS OF THE LOW INCOME SCHOLARSHIP PROGRAM IN 2021. | $100,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $15,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regina Coeli Child Development Center Robert, LA | $11,469,661 | $19,366,391 |
Riverfield Country Day School Tulsa, OK | $16,352,662 | $13,774,133 |
The Learning Center Of North Arkansas Berryville, AR | $10,901,776 | $6,445,981 |
Bentonville Child Care And Development Center Inc Bentonville, AR | $17,585,972 | $5,049,064 |
Northwest Arkansas Head Start Human Services Inc Bentonville, AR | $1,710,016 | $4,300,111 |
Morehouse Community Improvement Organization Inc Bastrop, LA | $2,468,480 | $3,069,530 |
Rainbow Fleet Inc Oklahoma City, OK | $1,288,760 | $3,295,640 |
Native American Coalition Of Tulsa Inc Tulsa, OK | $120,808 | $1,798,056 |
Stonewall Head Start Inc Fredericksburg, TX | $652,301 | $1,746,983 |
Childrens Equity Coalition Little Rock, AR | $735,254 | $1,133,999 |
River Region Human Development Inc Gonzales, LA | $177,277 | $932,650 |
Child Development Center Inc Ponca City, OK | $1,875,321 | $848,907 |