Childrens Weekday Program EIN 47-3712417 Form 990 (PDF) Claim this org

Childrens Weekday Program FY2021 filing

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Provides part-time preschool education for young children aged 16 months to 5 years. For fiscal year 2021 it reported $380K in revenue, $290K in expenses, and $126K in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Education
Location
Arlington, VA
Website
childrensweekdayprogram.com
Filings
4 on file (2021–2021)
Revenue
$380KFY2021
Expenses
$290K
Net assets
$126K
People
4
Filings
4
Updates
0
More identity details & actions ⌄
EIN  47-3712417 Public charity (501(c)(3)) Arlington, VA Founded 2015
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides part-time preschool education for young children aged 16 months to 5 years.
Leadership
Stephanie Browne · Executive Director · $31K
Money in and out
$380K revenue, $290K expenses
Bottom line
68% program efficiency
Where the money goes · FY2021
Total revenue
$380K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$126K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $90K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.32
Program efficiency
68%
of spending reaches programs
Operating runway
13.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$380K
FY2021
Expenses
$290K
FY2021
Total assets
$326K
FY2021
Total liabilities
$200K
FY2021
Total revenue
$380K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$126K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$90K
Total assetsPt X · Ln 16$326K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChildrens Weekday Program
EINHdr · item D47-3712417
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jchildrensweekdayprogram.com
Year of formationHdr · item L2015
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21)
Ruling yearIRS BMFMay 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$31,173Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President - Finance
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Stephanie Browne’s $42K as Executive Director is at the 33rd percentile of top reported officer pay among 1613 $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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Stephanie Browne$42,000$42,000$42,000$37,299$31,173

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

3 program services account for $178K of program spending, described in the organization's own filed words · FY2020.
01

Salaries and expenses paid to teachers and assistants providing early childhood education to 57 children in a part-time Monday-Friday program from September-May. The program objective is to offer an alternative to full-time day care or preschool in the local community for families seeking part-time quality affordable early childhood…

$134Kprogram expense
02

Costs of space rental and maintenance to provide early childhood education under a lease arrangement. The building and grounds provide a safe and clean community space in which to meet our objectives of providing quality education and complying with state and local health and safety regulations for early childhood programs.

$29Kprogram expense
03

Amounts paid to other personnel providing educational services to our school. These include substitute teachers and assistants and an itinerant science teacher. These individuals assist Children's Weekday Program in fulfilling its mandate to provide quality early childhood education and additional educational experiences to children in…

$15Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$260K · 68%
Contributions & grants$118K · 31%
Program service revenue68%$260K
Contributions & grants31%$118K
Investment income$1
Other revenue$2K
— government grantsLn 1e$94K
Total revenueLn 12$380K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32
Program services68%$197K
Management & general32%$93K
Total functional expensesLn 25$290K

Balance Sheet

Part X · end of year
CashLn 1$326K
Total assetsLn 16$326K
Total liabilitiesLn 26$200K
Total net assetsLn 32$126K
Months of cash on handcomputed13.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $326K · Operating expenses/yr $290K
13.5 months
Where the money goes
Program services
Program services $197K · Total expenses $290K
68%
Management & General
Management & general $93K · Total expenses $290K
32%
Fundraising
Fundraising $0 · Total expenses $290K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $25K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $118K · Total revenue $380K
31%
Government reliance
Government grants $94K · Total revenue $380K
25%
Earned-income share
Program service revenue $260K · Total revenue $380K
68%
Investment reliance
Investment income $1 · Total revenue $380K
<0.01%
Program self-sufficiency
Program service revenue $260K · Total expenses $290K
90%
Growth & trend
Revenue growth (YoY)
This year $380K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $126K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $380K · Expenses $290K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $326K
Net-asset ratio
Net assets $126K · Total assets $326K
39%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $326K
0%
People & payroll
Highest Reported Total Compensation
Individual Stephanie Browne · Reported title Executive Director · Highest reported compensation $31K · Total expenses $290K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $220K · Total expenses $290K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 32%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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$276

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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
FY2024$341K revenue · ⤓ 990 PDF
FY2023$414K revenue · ⤓ 990 PDF
FY2022$496K revenue · ⤓ 990 PDF
FY2021$380K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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