Child INC FY2024 filing

Tax-deductible

Austin, TX501(c)(3)Since 1972EducationEIN 74-1722420Revenue $20.7M in FY2024

On file with the IRSchildinc.org818 E 53rd St, 78751-2212 · Austin, TXTax-exempt since Nov 1972School — 170(b)(1)(A)(ii)

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To provide a headstart/early headstart Child centered family development program with the goal of long term benefits for the children, the family, and the community involved with our program through in-depth day-to-day involvement of both parents or someone else serving that role. Also helping parents understand how essential thier roles are and facilitating their meeting those responsibilities as an absolute necessity of the overall Child development program.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$283K 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

FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $461K a year · 2% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 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
$283K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5.1M
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$20.7M
+26% vs prior year
Spent
$20.4M
To programs
84%
Net assets
$4.0M
By yearFY2020–FY2025
Revenue
$20.7M
FY2024▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2020$22.5M
FY2021$21.2M
FY2022$17.6M
FY2023$16.4M
FY2024$20.7M
FY2025$21.0M
Expenses
$20.4M
FY2024▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2020$21.1M
FY2021$20.9M
FY2022$17.6M
FY2023$15.8M
FY2024$20.4M
FY2025$20.9M
Net assets
$4.0M
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$3.0M
FY2022$3.0M
FY2023$3.6M
FY2024$4.0M
FY2025$4.1M

From the FY2024 Form 990 (year ending April 2024) · 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: FY2025. IRS ruling in Nov 1972.

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% · $17.1M Management & general 15% · $3.1M Fundraising 1% · $129K

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

13 people listed on the 990; $283K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$169,340Pt VII · Sec A
Head Start Director
$113,615Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Beverly Davis’s $132K as Head Start Director is at the 10th percentile of top reported officer pay among 3683 $10–100M 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Albert Black—$169,340$141,577$146,614$129,634$125,892
Beverly Davis$132,385$113,615$108,814$101,602——
Albert Black Passed Away Aug 2024$124,705—————
Patrick Sanders————$105,001—
Mariano Herrera$102,984—————

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

Offers early childhood education and family support to foster long-term benefits for children and communities.

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Provided by the organization

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1 program · $17.1M · in their own filed words · FY2023
01

Headstart and early headstart funding by federal grants to operate child development centers and home based programs for preschool and disadvantaged children. Also includes funding by miscellaneous federal grants and contracts with the city and county to provide child development services to disadvantaged preschool and other eligible…

$17.1Mprogram 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$100K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$20.7M
Ln 12
Gifts and grantsLn 1h$20.7M
Investment incomeLn 3$173
Money outPt IX
$20.4M
Ln 25
Programscol B$17.1M
Managementcol C$3.1M
Fundraisingcol D$129K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$597K
Total assetsLn 16$9.1M
LiabilitiesLn 26$5.1M
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$20.7M
Government grantsLn 1e$20.0M
Investment incomeLn 3$173
Total revenueLn 12$20.7M
Assets in detailPt X, end of year
CashLn 1$354K
SavingsLn 2$244K
Cash and savings togetherLn 1–2$597K
InvestmentsLn 11–13$187K
Land, buildings, equipmentLn 10c$3.9M
Other assetsLn 15$872K
Total assetsLn 16$9.1M
LiabilitiesLn 26$5.1M
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 5342
VolunteersI 6300
Fiscal year endsHeaderApril
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 FY24End FY24
Cash and savingsLn 1–2$45K$597K
InvestmentsLn 11–13$152K$187K
Land, buildings, equipmentLn 10c$3.5M$3.9M
Total assetsLn 16$6.5M$9.1M
LiabilitiesLn 26$2.9M$5.1M
Net assetsLn 32$3.6M$4.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$259K$259K
Other salaries and wagesLn 7$10.4M$9.5M$799K$98K
Pension plan contributionsLn 8$837K$762K$67K$8K
Other employee benefitsLn 9$1.4M$1.2M$127K$14K
Payroll taxesLn 10$850K$756K$85K$8K
Legal feesLn 11b$12K$954$11K
Accounting feesLn 11c$75K$6K$69K
Investment management feesLn 11f$175$175
Other fees for servicesLn 11g$1.8M$1.4M$429K
Office expensesLn 13$725K$510K$216K
OccupancyLn 16$459K$324K$136K
TravelLn 17$74K$41K$34K
InterestLn 20$25K$25K
Depreciation, depletion and amortizationLn 22$138K$52K$86K
InsuranceLn 23$151K$58K$93K
Other expenses (24a–d)Ln 24$2.6M$2.2M$407K$0
All other expensesLn 24e$599K$330K$269K
Total functional expensesLn 25$20.4M$17.1M$3.1M$129K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $21.0M$20.9M$104K$4.1M 990 PDF
FY2024 Viewing $20.7M$20.4M$323K$4.0M 990 PDF
FY2023 $16.4M$15.8M$597K$3.6M 990 PDF
FY2022 $17.6M$17.6M$34K$3.0M 990 PDF
FY2021 $21.2M$20.9M$363K$3.0M 990 PDF
FY2020 $22.5M$21.1M$1.3M$2.6M 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 FY2024 990 (6 parts)
Part I · Summary $20,701,418 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,280,105$20,748,267
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $6,968$173
I-11 Other revenuePrior year $93,999−$47,022
I-12 Total revenuePrior year $16,381,072$20,701,418
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $9,914,912$13,725,651
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,869,191$6,652,424
I-18 Total expensesPrior year $15,784,103$20,378,075
I-19 Revenue less expensesPrior year $596,969$323,343
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $20,701,418 across 7 lines filed
VIII-1e Government grants$19,961,316
VIII-1f All other contributions, gifts and grants$786,951
VIII-1h Total contributions, gifts and grants$20,748,267
VIII-3 Investment incomeExcluded from tax $173$173
VIII-6 Net rental income or lossUnrelated business −$97,638−$97,638
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50,616$50,616
VIII-12 Total revenueRelated to mission $50,616 · Unrelated business −$97,638 · Excluded from tax $173$20,701,418
Part IX · Statement of functional expenses $20,378,075 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $259,409$259,409
IX-7 Other salaries and wagesPrograms $9,506,371 · Management $799,316 · Fundraising $98,148$10,403,835
IX-8 Pension plan contributionsPrograms $761,782 · Management $66,546 · Fundraising $8,341$836,669
IX-9 Other employee benefitsPrograms $1,234,902 · Management $127,352 · Fundraising $13,521$1,375,775
IX-10 Payroll taxesPrograms $756,468 · Management $84,997 · Fundraising $8,498$849,963
IX-11b Legal feesPrograms $954 · Management $10,679$11,633
IX-11c Accounting feesPrograms $6,138 · Management $68,737$74,875
IX-11f Investment management feesManagement $175$175
IX-11g Other fees for servicesPrograms $1,350,063 · Management $429,048$1,779,111
IX-13 Office expensesPrograms $509,764 · Management $215,686$725,450
IX-16 OccupancyPrograms $323,712 · Management $135,526$459,238
IX-17 TravelPrograms $40,749 · Management $33,689$74,438
IX-20 InterestManagement $25,258$25,258
IX-22 Depreciation, depletion and amortizationPrograms $52,035 · Management $86,134$138,169
IX-23 InsurancePrograms $57,609 · Management $92,962$150,571
IX-24 Other expenses (24a–d)Programs $2,207,440 · Management $407,071 · Fundraising $0$2,614,511
IX-24e All other expensesPrograms $330,389 · Management $268,606$598,995
IX-25 Total functional expensesPrograms $17,138,376 · Management $3,111,191 · Fundraising $128,508$20,378,075
Part X · Balance sheet $9,082,213 assets, 15 lines filed
X-1 Cash, non-interest-bearing$353,657
X-2 Savings and temporary cash investmentsStart of year $45,160$243,818
X-3 Pledges and grants receivableStart of year $1,380,165$3,443,211
X-4 Accounts receivableStart of year $51,135$7,342
X-9 Prepaid expenses and deferred chargesStart of year $195,438$90,875
X-10c Land, buildings and equipment, netStart of year $3,511,274$3,884,255
X-11 Publicly traded securitiesStart of year $152,484$186,785
X-15 Other assetsStart of year $1,162,861$872,270
X-16 Total assetsStart of year $6,498,517$9,082,213
X-17 Accounts payable and accrued expensesStart of year $653,483$3,674,463
X-25 Other liabilitiesStart of year $1,571,854$854,387
X-26 Total liabilitiesStart of year $2,896,237$5,122,114
X-27 Net assets without donor restrictionsStart of year $3,602,280$3,960,099
X-32 Total net assets or fund balancesStart of year $3,602,280$3,960,099
X-33 Total liabilities and net assetsStart of year $6,498,517$9,082,213
Part XI · Reconciliation of net assets $3,960,099 net assets at year end
XI-1 Total revenue$20,701,418
XI-2 Total expenses$20,378,075
XI-3 Revenue less expenses$323,343
XI-4 Net assets at start of year$3,602,280
XI-5 Net unrealized gains (losses) on investments$34,476
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,960,099

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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