Trinity Child Development Center
- Assets
- $690.1k
- Revenue
- $846.0k
- Investments
- $0.0
- Employees
- 21
- Location
- Austin, TX
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 74-1494756
Organization Overview
Trinity Child Development Center is located in Austin, TX. The organization was established in 2002. 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 12/2022, Trinity Child Development Center employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity 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 12/2022, Trinity Child Development Center generated $846.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $546.9k during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF TRINITY CDC IS TO PROVIDE QUALITY, AFFORDABLE CARE AND EDUCATION TO YOUNG CHILDREN AND THEIR FAMILIES WITHIN OUR ECONOMICALLY AND ETHNICALLY DIVERSE NEIGHBORHOOD. WE STRIVE TO PROVIDE STABILITY AND SUPPORT TO THE CHILDREN IN OUR CARE AND TO THEIR FAMILIES, SO THAT TOGETHER WE CAN TRULY IMPACT FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE QUALITY AND AFFORDABLE EARLY CARE AND EDUCATION TO AN AVERAGE OF 45 CHILDREN AGES 1 THROUGH 5 MONDAY THROUGH FRIDAY FROM 7 A.M. TO 5:30 P.M. WE ALSO HELP THE FAMILIES OF THESE CHILDREN BY FACILITATING REGULAR TWO-WAY COMMUNICATION BETWEEN THE TEACHERS AND THE FAMILIES SO THAT, AS A TEAM, WE CAN PROVIDE THE BEST CONSISTENT CARE FOR THE CHILDREN. PARENT SUPPORT GROUPS ARE HELD REGULARLY SO THAT WE MAY DISCUSS CHALLENGING AREAS OF DEVELOPMENT. RETENTION AND CONTINUING EDUCATION FOR TEACHERS IS ANOTHER PIECE OF THIS SERVICE - WE ATTEMPT TO HELP TEACHERS WITH HIGHER EDUCATION AND PROVIDE CONTINUING EDUCATION CLASSES FOR THEM SO THAT THEY CAN BE AWARE OF AND USE BEST PRACTICES IN THE CARE AND EDUCATION OF THE CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Romero Executive Director | Officer | 40 | $51,373 |
Kate Waters President | OfficerTrustee | 4 | $0 |
Ashleigh Carreon Secretary | OfficerTrustee | 2 | $0 |
Candice Erickson Treasurer | OfficerTrustee | 2 | $0 |
Kadie Rackley Director | Trustee | 1 | $0 |
Gabriel Ransenberg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $67 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $299,258 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,863 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,188 |
| Total Program Service Revenue | $461,015 |
| Investment income | $804 |
| 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 | $846,007 |
| 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. | $51,373 |
| Compensation of current officers, directors, key employees. | $33,393 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $337,204 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,649 |
| Payroll taxes | $30,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $952 |
| Office expenses | $1,622 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,576 |
| 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 | $879 |
| Insurance | $5,030 |
| All other expenses | $5,045 |
| Total functional expenses | $546,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,419 |
| Savings and temporary cash investments | $525,922 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,785 |
| 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 | $5,703 |
| Net Land, buildings, and equipment | $3,228 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $690,057 |
| Accounts payable and accrued expenses | $28,044 |
| Grants payable | $0 |
| Deferred revenue | $450 |
| 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 | $28,494 |
| Net assets without donor restrictions | $563,641 |
| Net assets with donor restrictions | $97,922 |
| 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 | $690,057 |