Fairfield Child Development Center EIN 01-0549002 Form 990 (PDF) Claim this org

Fairfield Child Development Center

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Offers preschool education for children aged three to five. For fiscal year 2023 it reported $251K in revenue, $232K in expenses, and $222K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Fairfield, OH
Website
www.fairfieldcdc.org
Filings
4 on file (2020–2023)
Revenue
$251KFY2023
Expenses
$232K
Net assets
$222K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  01-0549002 Public charity (501(c)(3)) Fairfield, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers preschool education for children aged three to five.
Leadership
Rebecca Hartman · Director · $24K
Money in and out
$251K revenue, $232K expenses
Bottom line
79% program efficiency
Where the money goes · FY2023
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$232K
Pt IX · Ln 25
Net assets
$222K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.21
Program efficiency
79%
of spending reaches programs▼ -0.5% vs prior filing year
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▼ -53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$251K
FY2023▼ -10%
Expenses
$232K
FY2023▼ -1.0%
Total assets
$314K
FY2023▼ -6%
Total liabilities
$92K
FY2023▼ -29%
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$232K
Pt IX · Ln 25
Net assets
$222K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$19K
Total assetsPt X · Ln 16$314K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFairfield Child Development Center
EINHdr · item D01-0549002
Principal addressHdr · item CFairfield, OH
WebsiteHdr · item Jwww.fairfieldcdc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21)
Ruling yearIRS BMFJun 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$24,437Pt VII · Sec A
Director of Development
$16,128Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Secretary, Alumni Rep
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large, Alum Rep
$0Pt VII · Sec A
Member at Large, Kindergarten Rep
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A

Rebecca Hartman’s $24K as Director is at the 18th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Rebecca Hartman$24,437$23,460$21,750
Kelle Stiens$21,216
Mary Doerger$16,356
Jessica Werling$16,128$14,151$7,130

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $182K of program spending, described in the organization's own filed words · FY2022.
01

Provide quality Preschool education for children ages 3 through 5. Children half day sessions, either two or three days each week from September through May. Program is licensed by the State of Ohio Department of Job Family Services, 205672

$182Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$203K · 81%
Contributions & grants$47K · 19%
Program service revenue81%$203K
Contributions & grants19%$47K
Total revenueLn 12$251K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.21
Program services79%$182K
Management & general21%$50K
Total functional expensesLn 25$232K

Balance Sheet

Part X · end of year
CashLn 1$39K
Total assetsLn 16$314K
Total liabilitiesLn 26$92K
Total net assetsLn 32$222K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $39K · Operating expenses/yr $232K
2.0 months
Where the money goes
Program services
Program services $182K · Total expenses $232K
79%
Management & General
Management & general $50K · Total expenses $232K
21%
Fundraising
Fundraising $0 · Total expenses $232K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $49K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $47K · Total revenue $251K
19%
Government reliance
Government grants — · Total revenue $251K
Earned-income share
Program service revenue $203K · Total revenue $251K
81%
Investment reliance
Investment income $0 · Total revenue $251K
0%
Program self-sufficiency
Program service revenue $203K · Total expenses $232K
88%
Growth & trend
Revenue growth (YoY)
This year $251K · Prior year $278K
-10%
Net-asset trend (YoY)
End of year $222K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $251K · Expenses $232K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $314K
Net-asset ratio
Net assets $222K · Total assets $314K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $314K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rebecca Hartman · Reported title Director · Highest reported compensation $24K · Total expenses $232K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $166K · Total expenses $232K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 21%
Fundraising cost ratio 0%
Revenue growth -10%
Investment management fee ratio 0%
Legal fee ratio 0.1%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$91

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$251K revenue · viewing · ⤓ 990 PDF
FY2022$278K revenue · ⤓ 990 PDF
FY2021$245K revenue · ⤓ 990 PDF
FY2020$207K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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