Montclair Child Development Center INC FY2021 filing

Tax-deductible

Montclair, NJ501(c)(3)Since 1969EIN 22-1893046Revenue $7.9M in FY2021

On file with the IRSmcdcnj.org33 Fulton St, 07042-4509 · Montclair, NJTax-exempt since Jul 1977Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of Montclair Child Development Center, INC. Is to provide successful encounter that embrace the Child, empower the family and strengthen the community.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$241K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
5 of 5
filings with a surplus
Average surplus $139K a year · 2% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$241K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.3M
63% of total assets
Fine: liabilities are 63% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.9M
-0.9% vs prior year
Spent
$7.9M
To programs
84%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$7.9M
FY2021▼ -0.9%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.0M
FY2021$7.9M
FY2022$8.6M
FY2023$9.3M
FY2024$10.2M
Expenses
$7.9M
FY2021-0.2%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.9M
FY2021$7.9M
FY2022$8.5M
FY2023$9.1M
FY2024$9.8M
Net assets
$1.3M
FY2021▲ +146%
Tap a bar for its year
Net assets by fiscal year
FY2020$536K
FY2021$1.3M
FY2022$1.8M
FY2023$2.2M
FY2024$2.8M

From the FY2021 Form 990 (year ending November 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1977.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $6.6M Management & general 16% · $1.3M

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

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Who runs it and what they're paid

10 people listed on the 990; $241K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$132,075Pt VII · Sec A
Deputy Director of Finance
$108,628Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Tanya L Poteat$152,739$137,485$132,075$132,075$121,406
Susan Chaberski—$114,011$108,628$108,628$103,084
Catherine Bolder$103,187————
Marie Dukes$92,249————

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

Empowering families and strengthening communities through child development programs.

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Provided by the organization

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1 program · $6.6M · in their own filed words · FY2020
01

The organization primarily operates the head start and early head start program which provide full day pre-school. The programs are funded by the us department of health and human services.

$6.6Mprogram expense

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 1 funder$6K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$7.9M
Ln 12
Gifts and grantsLn 1h$7.9M
Fees for servicesLn 2g$38K
Other incomeLn 4–11$261
Money outPt IX
$7.9M
Ln 25
Programscol B$6.6M
Managementcol C$1.3M
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$421K
Total assetsLn 16$3.6M
LiabilitiesLn 26$2.3M
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.9M
Government grantsLn 1e$7.9M
Fees for servicesLn 2g$38K
Other incomeLn 4–11$261
Total revenueLn 12$7.9M
Assets in detailPt X, end of year
CashLn 1$421K
Cash and savings togetherLn 1–2$421K
Land, buildings, equipmentLn 10c$2.6M
Total assetsLn 16$3.6M
LiabilitiesLn 26$2.3M
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 5112
VolunteersI 666
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$436K$421K
Land, buildings, equipmentLn 10c$2.7M$2.6M
Total assetsLn 16$4.0M$3.6M
LiabilitiesLn 26$3.5M$2.3M
Net assetsLn 32$536K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$241K$0$241K$0
Other salaries and wagesLn 7$4.2M$3.8M$400K$0
Pension plan contributionsLn 8$330K$282K$48K$0
Other employee benefitsLn 9$942K$804K$137K$0
Payroll taxesLn 10$358K$306K$52K$0
Legal feesLn 11b$239$0$239$0
Accounting feesLn 11c$42K$3K$39K$0
Other fees for servicesLn 11g$245K$193K$52K$0
Office expensesLn 13$241K$207K$34K$0
OccupancyLn 16$108K$98K$10K$0
InterestLn 20$29K$27K$1K$0
Depreciation, depletion and amortizationLn 22$126K$116K$11K$0
InsuranceLn 23$103K$94K$9K$0
Other expenses (24a–d)Ln 24$678K$646K$32K$0
All other expensesLn 24e$274K$57K$218K$0
Total functional expensesLn 25$7.9M$6.6M$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10.2M$9.8M$310K$2.8M 990 PDF
FY2023 $9.3M$9.1M$231K$2.2M 990 PDF
FY2022 $8.6M$8.5M$10K$1.8M 990 PDF
FY2021 Viewing $7.9M$7.9M$42K$1.3M 990 PDF
FY2020 $8.0M$7.9M$100K$536K 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 FY2021 990 (6 parts)
Part I · Summary $7,922,228 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,604,928$7,883,685
I-9 Program service revenuePrior year $387,754$38,282
I-10 Investment incomePrior year $143$0
I-11 Other revenuePrior year $300$261
I-12 Total revenuePrior year $7,993,125$7,922,228
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,131,820$6,032,777
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,761,452$1,847,091
I-18 Total expensesPrior year $7,893,272$7,879,868
I-19 Revenue less expensesPrior year $99,853$42,360
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,922,228 across 6 lines filed
VIII-1e Government grants$7,851,660
VIII-1f All other contributions, gifts and grants$32,025
VIII-1h Total contributions, gifts and grants$7,883,685
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$38,282
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $261 · Unrelated business $0 · Excluded from tax $0$261
VIII-12 Total revenueRelated to mission $38,543 · Unrelated business $0 · Excluded from tax $0$7,922,228
Part IX · Statement of functional expenses $7,879,868 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $240,703 · Fundraising $0$240,703
IX-7 Other salaries and wagesPrograms $3,762,041 · Management $400,371 · Fundraising $0$4,162,412
IX-8 Pension plan contributionsPrograms $282,342 · Management $48,113 · Fundraising $0$330,455
IX-9 Other employee benefitsPrograms $804,443 · Management $137,082 · Fundraising $0$941,525
IX-10 Payroll taxesPrograms $305,605 · Management $52,077 · Fundraising $0$357,682
IX-11b Legal feesPrograms $0 · Management $239 · Fundraising $0$239
IX-11c Accounting feesPrograms $2,840 · Management $39,160 · Fundraising $0$42,000
IX-11g Other fees for servicesPrograms $193,130 · Management $52,324 · Fundraising $0$245,454
IX-13 Office expensesPrograms $207,229 · Management $34,264 · Fundraising $0$241,493
IX-16 OccupancyPrograms $98,409 · Management $10,015 · Fundraising $0$108,424
IX-20 InterestPrograms $27,212 · Management $1,388 · Fundraising $0$28,600
IX-22 Depreciation, depletion and amortizationPrograms $115,565 · Management $10,598 · Fundraising $0$126,163
IX-23 InsurancePrograms $94,063 · Management $8,516 · Fundraising $0$102,579
IX-24 Other expenses (24a–d)Programs $646,057 · Management $31,794 · Fundraising $0$677,851
IX-24e All other expensesPrograms $56,777 · Management $217,511 · Fundraising $0$274,288
IX-25 Total functional expensesPrograms $6,595,713 · Management $1,284,155 · Fundraising $0$7,879,868
Part X · Balance sheet $3,599,167 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $435,897$420,901
X-3 Pledges and grants receivableStart of year $865,924$526,120
X-9 Prepaid expenses and deferred chargesStart of year $9,843$95,452
X-10c Land, buildings and equipment, netStart of year $2,682,858$2,556,694
X-16 Total assetsStart of year $3,994,522$3,599,167
X-17 Accounts payable and accrued expensesStart of year $992,330$686,487
X-25 Other liabilitiesStart of year $1,925,935$1,186,536
X-26 Total liabilitiesStart of year $3,458,624$2,281,510
X-27 Net assets without donor restrictionsStart of year $535,898$1,317,657
X-32 Total net assets or fund balancesStart of year $535,898$1,317,657
X-33 Total liabilities and net assetsStart of year $3,994,522$3,599,167
Part XI · Reconciliation of net assets $1,317,657 net assets at year end
XI-1 Total revenue$7,922,228
XI-2 Total expenses$7,879,868
XI-3 Revenue less expenses$42,360
XI-4 Net assets at start of year$535,898
XI-9 Other changes in net assets$739,399
XI-10 Net assets at end of year$1,317,657

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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