Eakin Care Program INC EIN 62-1068246

Eakin Care Program INC FY2023 filing

EIN  62-1068246 Public charity (501(c)(3)) Nashville, TN
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers educational and recreational activities for school-age children.
Leadership
Wendy Porter · Director · $64K
Money in and out
$347K revenue, $237K expenses
Bottom line
61% program efficiency

Offers educational and recreational activities for school-age children. For fiscal year 2023 it reported $347K in revenue, $237K in expenses, and $432K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$347K
Pt VIII · Ln 12
Total expenses
$237K
Pt IX · Ln 25
Net assets
$432K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $110K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.39
Program efficiency
61%
of spending reaches programs
Operating runway
21.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+32%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$347K
FY2023▼ -12%
Expenses
$237K
FY2023▲ +6%
Total assets
$432K
FY2023▲ +34%
Total liabilities
$0
FY2023
Total revenue
$347K
Pt VIII · Ln 12
Total expenses
$237K
Pt IX · Ln 25
Net assets
$432K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$110K
Total assetsPt X · Ln 16$432K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $145K of program spending, described in the organization's own filed words · FY2022.
01

Child Care Services

Provides developmentally appropriate educational and recreational activities for school-age children in kindergarten thru 4th grade. Program serves approximately 100 children.

$145Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEakin Care Program INC
EINHdr · item D62-1068246
Principal addressHdr · item CNashville, TN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B900)
Ruling yearIRS BMFAug 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 (FY2022); the FY2023 filing did not itemize Part VII
Director
$63,965Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chair-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Laura Romersa$35,658$78,468
Wendy Porter$68,672$68,316$63,965$59,224

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$250K · 72%
Other revenue$92K · 26%
Investment income$4K · 1%
Program service revenue72%$250K
Other revenue26%$92K
Investment income1%$4K
Contributions & grants$1K
Total revenueLn 12$347K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.39
Program services61%$145K
Management & general39%$92K
Total functional expensesLn 25$237K

Balance Sheet

Part X · end of year
CashLn 1$424K
Total assetsLn 16$432K
Total liabilitiesLn 26$0
Total net assetsLn 32$432K
Months of cash on handcomputed21.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $424K · Operating expenses/yr $237K
21.4 months
Where the money goes
Program services
Program services $145K · Total expenses $237K
61%
Management & General
Management & general $92K · Total expenses $237K
39%
Fundraising
Fundraising $0 · Total expenses $237K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $819
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $347K
0%
Government reliance
Government grants — · Total revenue $347K
Earned-income share
Program service revenue $250K · Total revenue $347K
72%
Investment reliance
Investment income $4K · Total revenue $347K
+1%
Program self-sufficiency
Program service revenue $250K · Total expenses $237K
106%
Growth & trend
Revenue growth (YoY)
This year $347K · Prior year $394K
-12%
Net-asset trend (YoY)
End of year $432K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $347K · Expenses $237K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $432K
Net-asset ratio
Net assets $432K · Total assets $432K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $432K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendy Porter · Reported title Director · Highest reported compensation $64K · Total expenses $237K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $206K · Total expenses $237K
87%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 39%
Fundraising cost ratio 0%
Revenue growth -12%
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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$131

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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)$279K revenue · ⤓ 990 PDF
FY2024$343K revenue · ⤓ 990 PDF
FY2023$347K revenue · viewing · ⤓ 990 PDF
FY2022$394K revenue · ⤓ 990 PDF
FY2021$181K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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