The Childrens Workshop EIN 38-2226437

The Childrens Workshop

EIN  38-2226437 Public charity (501(c)(3)) Grand Rapids, MI
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
a nonprofit
Leadership
Elizabeth Reid · Director · $28K
Money in and out
$369K revenue, $360K expenses
Bottom line
100% program efficiency

The Childrens Workshop is a nonprofit based in Grand Rapids, MI. For fiscal year 2025 it reported $369K in revenue, $360K in expenses, and $381K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$369K
Pt VIII · Ln 12
Total expenses
$360K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
12.7mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +462% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$369K
FY2025▲ +1%
Expenses
$360K
FY2025▼ -1%
Total assets
$381K
FY2025▲ +2%
Total liabilities
$0
FY2025
Total revenue
$369K
Pt VIII · Ln 12
Total expenses
$360K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$381K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $360K of program spending, described in the organization's own filed words · FY2024.
01

The childrens workshop is a state licensed child care facility providing pre-school education

$360Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Childrens Workshop
EINHdr · item D38-2226437
Principal addressHdr · item CGrand Rapids, MI
WebsiteHdr · item Jwww.childrensworkshopgr.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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 (FY2024); the FY2025 filing did not itemize Part VII
$27,550Pt VII · Sec A
Asst Director
$22,680Pt VII · Sec A
Business Administrator
$14,430Pt VII · Sec A
Fundraising
$0Pt VII · Sec A
Fundraising
$0Pt VII · Sec A
Fundraising
$0Pt VII · Sec A
Scholastic
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elizabeth Reid$27,550$42,929$42,929$42,097$35,979$33,862
Katie Bradley$22,680
Kerry Wiser$14,430
Rebecca Wuerthele$13,449$13,449$10,499$8,600$7,981

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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Statement of Revenue

Part VIII
Program service revenue$342K · 93%
Contributions & grants$18K · 5%
Investment income$9K · 2%
Program service revenue93%$342K
Contributions & grants5%$18K
Investment income2%$9K
— government grantsLn 1e$108
Total revenueLn 12$369K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$360K
Total functional expensesLn 25$360K

Balance Sheet

Part X · end of year
CashLn 1$381K
Total assetsLn 16$381K
Total liabilitiesLn 26$0
Total net assetsLn 32$381K
Months of cash on handcomputed12.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $381K · Operating expenses/yr $360K
12.7 months
Where the money goes
Program services
Program services $360K · Total expenses $360K
100%
Management & General
Management & general $0 · Total expenses $360K
0%
Fundraising
Fundraising $0 · Total expenses $360K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $18K · Total revenue $369K
5%
Government reliance
Government grants $108 · Total revenue $369K
0%
Earned-income share
Program service revenue $342K · Total revenue $369K
93%
Investment reliance
Investment income $9K · Total revenue $369K
+2%
Program self-sufficiency
Program service revenue $342K · Total expenses $360K
95%
Growth & trend
Revenue growth (YoY)
This year $369K · Prior year $366K
+1%
Revenue CAGR
FY2019 $240K · FY2024 $369K
+9%
Net-asset trend (YoY)
End of year $381K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $369K · Expenses $360K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $381K
Net-asset ratio
Net assets $381K · Total assets $381K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $381K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Reid · Reported title DIRECTOR · Highest reported compensation $28K · Total expenses $360K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $305K · Total expenses $360K
85%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 1%
Accounting fee ratio 1%

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.

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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
FY2025 (Latest)$369K revenue · viewing · ⤓ 990 PDF
FY2024$366K revenue · ⤓ 990 PDF
FY2023$403K revenue · ⤓ 990 PDF
FY2022$494K revenue · ⤓ 990 PDF
FY2021$321K revenue · ⤓ 990 PDF
FY2020$240K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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