Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1982.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
6 people listed on the 990; $235K paid to officers and key staff.
Lesley Walsh-Everhart’s $121K as President is at the 54th percentile of top reported officer pay among 3869 $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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Lesley Walsh-Everhart | $120,762 | $113,185 | $113,737 | $118,138 | $90,276 | $100,122 |
| Naushaba Bokhari | $64,672 | $61,292 | $59,706 | $63,452 | $54,562 | — |
| Bruce Kahan | — | — | — | — | $30,690 | $61,887 |
| Debora Sullivan | — | $3,121 | $35,911 | $41,609 | $37,876 | $52,501 |
| Marilyn Fleetwood | — | — | — | — | $12,307 | $19,999 |
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.
See Academy Child Development Center INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Innovates educational childcare and preschool-primary school programs for children.
Questions for Academy Child Development Center INC
Your first name shows with your question. Academy Child Development Center INC answers here, for everyone.
Provided high quality DAYCARE/EDUCATION services for approximately 128 children in montgomery county maryland.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $354K | $528K |
| InvestmentsLn 11–13 | $1.6M | $1.9M |
| Land, buildings, equipmentLn 10c | $1.0M | $973K |
| Total assetsLn 16 | $3.0M | $3.7M |
| LiabilitiesLn 26 | $729K | $1.1M |
| Net assetsLn 32 | $2.3M | $2.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $120K | $120K | ||
| Pay of current officers, directors and key staffLn 5 | $255K | $127K | $127K | |
| Other salaries and wagesLn 7 | $1.3M | $1.1M | $179K | |
| Pension plan contributionsLn 8 | $10K | $9K | $1K | |
| Other employee benefitsLn 9 | $20K | $17K | $3K | |
| Payroll taxesLn 10 | $139K | $120K | $19K | |
| Accounting feesLn 11c | $5K | $5K | ||
| Investment management feesLn 11f | $13K | $13K | ||
| Other fees for servicesLn 11g | $95K | $59K | $36K | |
| Advertising and promotionLn 12 | $5K | $5K | ||
| Office expensesLn 13 | $19K | $17K | $3K | |
| Information technologyLn 14 | $19K | $17K | $3K | |
| OccupancyLn 16 | $219K | $189K | $30K | |
| TravelLn 17 | $335 | $335 | ||
| Conferences, conventions and meetingsLn 19 | $5K | $5K | ||
| InterestLn 20 | $30K | $25K | $4K | |
| Depreciation, depletion and amortizationLn 22 | $45K | $39K | $6K | |
| InsuranceLn 23 | $28K | $7K | $21K | |
| Other expenses (24a–d)Ln 24 | $175K | $158K | $17K | |
| All other expensesLn 24e | $4K | $267 | $4K | |
| Total functional expensesLn 25 | $2.5M | $2.0M | $476K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Aug 12, 2026 | $2.6M | $2.7M | −$58K | $2.8M | 990 PDF |
| FY2024Filed with the IRS Oct 23, 2025 | $2.4M | $2.4M | $3K | $2.6M | 990 PDF |
| FY2023Filed with the IRS Nov 7, 2024 | $2.1M | $2.4M | −$375K | $2.5M | 990 PDF |
| FY2022Filed with the IRS Nov 14, 2023 | $2.9M | $2.6M | $309K | $2.7M | 990 PDF |
| FY2021Filed with the IRS Nov 14, 2022 | $2.1M | $1.9M | $204K | $2.8M | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 11, 2021 | $2.7M | $2.5M | $194K | $2.6M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $2,712,181 revenue, 12 lines filed
Part VI · Governance 1 of 6 board members independent, 3 to look at
Part VIII · Statement of revenue $2,712,181 across 7 lines filed
Part IX · Statement of functional expenses $2,518,402 across 20 lines filed
Part X · Balance sheet $3,681,624 assets, 12 lines filed
Part XI · Reconciliation of net assets $2,600,984 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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