Good Child Development Center INC

Tax-deductible

Milford, CT501(c)(3)Human ServicesEIN 06-0848211

The organization provides daycare services to approximately 95 children ages six weeks to 6 years old. The organization is a NAEYC accredited.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 29 volunteers and 29 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $61K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$195K
to officers and key staff · 10% of spending
Top officer’s pay lower than 64% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $8K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
-17% vs prior year
Spent
$1.9M
To programs
72%
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$1.9M
FY2024▼ -17%
Revenue by fiscal year
FY2020$1.3M
FY2021$1.7M
FY2022$1.4M
FY2023$2.2M
FY2024$1.9M
Expenses
$1.9M
FY2024▲ +1.0%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.6M
FY2023$1.9M
FY2024$1.9M
Net assets
$1.8M
FY2024▼ -4%
Net assets by fiscal year
FY2020$1.7M
FY2021$1.9M
FY2022$1.6M
FY2023$1.9M
FY2024$1.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $1.4M Management & general 28% · $543K Fundraising 0% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990; $195K paid to officers and key staff.

Part VII, Section A · reportable compensation
$101,105Pt VII · Sec A
$37,196Pt VII · Sec A
$34,406Pt VII · Sec A
$22,742Pt VII · Sec A

Chukwuemeka Okwuosa’s $101K as CEO is at the 36th percentile of top reported officer pay among 3868 $1–10M human services 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2021
Chukwuemeka Okwuosa$101,105$206,057$94,726
Chukwuemeka Okwuosa—$206,057—
Nan Wang$37,196——
Joann Arena$34,406——
Lana Baumgarten$22,742——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers accredited daycare for about 95 young children, from infants to preschoolers.

Provided by the organization

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1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2024.
01

Day care and preschool services for approximately 95 children ages 6 weeks to 6 years old.

$1.4Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$8K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$885K
Fees for servicesLn 2g$880K
Investment incomeLn 3$79K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.4M
Managementcol C$543K
Fundraisingcol D$7K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$3.7M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
4
listed · VII A
PaidVII A4
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$885K
Government grantsLn 1e$885K
Fees for servicesLn 2g$880K
Investment incomeLn 3$79K
Other incomeLn 4–11$17K
Gains on assetsLn 7$0
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$150K
SavingsLn 2$0
Cash and savings togetherLn 1–2$150K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.0M
Other assetsLn 15$1K
Total assetsLn 16$3.7M
LiabilitiesLn 26$1.9M
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 529
VolunteersI 629
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$260K$150K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.1M$3.0M
Total assetsLn 16$3.8M$3.7M
LiabilitiesLn 26$1.9M$1.9M
Net assetsLn 32$1.9M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$195K$147K$49K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$812K$609K$203K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$133K$99K$33K
Payroll taxesLn 10$279K$209K$70K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$8K$6K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$1K$841$281
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$78K$78K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$124K$93K$31K
InsuranceLn 23$47K$35K$12K
Other expenses (24a–d)Ln 24$177K$123K$54K
All other expensesLn 24e$76K$65K$11K
Total functional expensesLn 25$1.9M$1.4M$543K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.9M$1.9M−$77K$1.8M 990 PDF
FY2023 $2.2M$1.9M$319K$1.9M 990 PDF
FY2022 $1.4M$1.6M−$219K$1.6M 990 PDF
FY2021 $1.7M$1.4M$295K$1.9M 990 PDF
FY2020 $1.3M$1.3M−$13K$1.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,860,864 across 11 lines filed
VIII-1e Government grants$885,038
VIII-1f All other contributions, gifts and grants$104
VIII-1h Total contributions, gifts and grants$885,142
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $880,346$880,346
VIII-3 Investment incomeExcluded from tax $78,785$78,785
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$16,057
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $534$534
VIII-12 Total revenueRelated to mission $880,880 · Excluded from tax $78,785$1,860,864
Part IX · Statement of functional expenses $1,937,727 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $146,587 · Management $48,862$195,449
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $608,637 · Management $202,879$811,516
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $99,441 · Management $33,147$132,588
IX-10 Payroll taxesPrograms $209,350 · Management $69,783$279,133
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionFundraising $6,757$6,757
IX-13 Office expensesPrograms $6,239 · Management $2,079$8,318
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $841 · Management $281$1,122
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $78,240$78,240
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $93,030 · Management $31,010$124,040
IX-23 InsurancePrograms $35,198 · Management $11,733$46,931
IX-24 Other expenses (24a–d)Programs $123,042 · Management $54,429$177,471
IX-24e All other expensesPrograms $65,463 · Management $10,699$76,162
IX-25 Total functional expensesPrograms $1,387,828 · Management $543,142 · Fundraising $6,757$1,937,727
Part X · Balance sheet $3,706,756 assets, 19 lines filed
Asset lines not itemized here account for $416,606; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $259,860$150,304
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$180,017
X-4 Accounts receivableStart of year $24,301$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $3,078,835$2,955,551
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $3,773$3,018
X-15 Other assetsStart of year $22,990$1,260
X-16 Total assetsStart of year $3,797,784$3,706,756
X-17 Accounts payable and accrued expensesStart of year $48,187$37,528
X-25 Other liabilitiesStart of year $26,845$145,235
X-26 Total liabilitiesStart of year $1,915,999$1,900,574
X-27 Net assets without donor restrictionsStart of year $1,881,785$1,806,182
X-32 Total net assets or fund balancesStart of year $1,881,785$1,806,182
X-33 Total liabilities and net assetsStart of year $3,797,784$3,706,756
Part XI · Reconciliation of net assets $1,806,182 net assets at year end
XI-1 Total revenue$1,860,864
XI-2 Total expenses$1,937,727
XI-3 Revenue less expenses−$76,863
XI-4 Net assets at start of year$1,881,785
XI-8 Prior period adjustments$1,260
XI-10 Net assets at end of year$1,806,182

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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