Child Development Center RBC FY2023 filing

Tax-deductible

Columbia, SC501(c)(3)Youth DevelopmentEIN 75-2994380

To provide the members of the rehoboth baptist church and the community a child development center that fosters spiritual guidance & academic excellence.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$2K 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

FY2023 · 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
4 of 7
filings with a surplus
Average surplus $58K a year · 9% of revenue · last 7 filings
Worth a look: a surplus in 4 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2K
to officers and key staff · 0.3% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
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
$626K
-26% vs prior year
Spent
$716K
To programs
85%
Net assets
$428K
By yearFY2019–FY2025
Revenue
$626K
FY2023▼ -26%
Revenue by fiscal year
FY2019$501K
FY2020$342K
FY2021$567K
FY2022$848K
FY2023$626K
FY2024$894K
FY2025$737K
Expenses
$716K
FY2023▲ +24%
Expenses by fiscal year
FY2019$446K
FY2020$430K
FY2021$402K
FY2022$576K
FY2023$716K
FY2024$769K
FY2025$772K
Net assets
$428K
FY2023▲ +3%
Net assets by fiscal year
FY2019$82K
FY2020−$6K
FY2021$145K
FY2022$414K
FY2023$428K
FY2024$583K
FY2025$550K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jul 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $608K Management & general 15% · $109K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990; $2K paid to officers and key staff.

Part VII, Section A · reportable compensation
$2,300Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee Ministry Rep
$0Pt VII · Sec A
Deacon Ministry Rep
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Martia Thigpen’s $2K as Chair is at the 2nd percentile of top reported officer pay among 1993 $100K–1M youth development 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.

See Child Development Center RBC executive salaries →

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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 a child development center fostering spiritual guidance and academic excellence.

Provided by the organization

This section is blank until Child Development Center RBC claims this page.

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1 program service account for $608K of program spending, described in the organization's own filed words · FY2023.
01

Provided childcare services to members of the community.

$608Kprogram expense

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$626K
Ln 12
Fees for servicesLn 2g$532K
Gifts and grantsLn 1h$94K
Investment incomeLn 3$2
Money outPt IX
$716K
Ln 25
Programscol B$608K
Managementcol C$109K
Owns and owesPt X
$428K
net assets · Ln 32
Cash and savingsLn 1–2$278K
Total assetsLn 16$436K
LiabilitiesLn 26$8K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$94K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$532K
Investment incomeLn 3$2
Other incomeLn 4–11$2
Gains on assetsLn 7$0
Total revenueLn 12$626K
Assets in detailPt X, end of year
CashLn 1$273K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$278K
Land, buildings, equipmentLn 10c−$933
Other assetsLn 15$103K
Total assetsLn 16$436K
LiabilitiesLn 26$8K
Net assetsLn 32$428K
OperationsPt I, VI
EmployeesI 533
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$321K$278K
Land, buildings, equipmentLn 10c$8K−$933
Total assetsLn 16$423K$436K
LiabilitiesLn 26$9K$8K
Net assetsLn 32$414K$428K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$452K$355K$97K$0
Payroll taxesLn 10$34K$23K$11K$0
Other fees for servicesLn 11g$11K$11K$0$0
Office expensesLn 13$8K$8K$0$0
OccupancyLn 16$24K$24K$0$0
Conferences, conventions and meetingsLn 19$2K$2K$0$0
Depreciation, depletion and amortizationLn 22$9K$9K$0$0
InsuranceLn 23$3K$3K$0$0
Other expenses (24a–d)Ln 24$146K$146K$0$0
All other expensesLn 24e$27K$27K$0$0
Total functional expensesLn 25$716K$608K$109K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $737K$772K−$35K$550K 990 PDF
FY2024 $894K$769K$125K$583K 990 PDF
FY2023 Viewing $626K$716K−$90K$428K 990 PDF
FY2022 $848K$576K$272K$414K 990 PDF
FY2021 $567K$402K$165K$145K 990 PDF
FY2020 $342K$430K−$88K−$6K 990 PDF
FY2019 $501K$446K$55K$82K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $626,377 across 15 lines filed
Lines not itemized here account for $2 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$94,138
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$94,138
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $532,235 · Unrelated business $0 · Excluded from tax $0$532,235
VIII-3 Investment incomeRelated to mission $2 · Unrelated business $0 · Excluded from tax $0$2
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $532,239 · Unrelated business $0 · Excluded from tax $0$626,377
Part IX · Statement of functional expenses $716,372 across 10 lines filed
IX-7 Other salaries and wagesPrograms $354,961 · Management $97,314 · Fundraising $0$452,275
IX-10 Payroll taxesPrograms $22,874 · Management $11,328 · Fundraising $0$34,202
IX-11g Other fees for servicesPrograms $11,338 · Management $0 · Fundraising $0$11,338
IX-13 Office expensesPrograms $8,311 · Management $0 · Fundraising $0$8,311
IX-16 OccupancyPrograms $24,000 · Management $0 · Fundraising $0$24,000
IX-19 Conferences, conventions and meetingsPrograms $1,648 · Management $0 · Fundraising $0$1,648
IX-22 Depreciation, depletion and amortizationPrograms $8,838 · Management $0 · Fundraising $0$8,838
IX-23 InsurancePrograms $3,276 · Management $0 · Fundraising $0$3,276
IX-24 Other expenses (24a–d)Programs $145,951 · Management $0 · Fundraising $0$145,951
IX-24e All other expensesPrograms $26,533 · Management $0 · Fundraising $0$26,533
IX-25 Total functional expensesPrograms $607,730 · Management $108,642 · Fundraising $0$716,372
Part X · Balance sheet $436,260 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $316,153$272,654
X-2 Savings and temporary cash investmentsStart of year $5,072$5,074
X-4 Accounts receivableStart of year $94,075$55,968
X-10c Land, buildings and equipment, netStart of year $7,906−$933
X-15 Other assets$103,497
X-16 Total assetsStart of year $423,206$436,260
X-17 Accounts payable and accrued expensesStart of year $8,962$8,386
X-26 Total liabilitiesStart of year $8,962$8,386
X-32 Total net assets or fund balancesStart of year $414,244$427,874
X-33 Total liabilities and net assetsStart of year $423,206$436,260
Part XI · Reconciliation of net assets $427,874 net assets at year end
XI-1 Total revenue$626,377
XI-2 Total expenses$716,372
XI-3 Revenue less expenses−$89,995
XI-4 Net assets at start of year$414,244
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$128
XI-9 Other changes in net assets$103,497
XI-10 Net assets at end of year$427,874

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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