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Nonprofiteer
← CHILDRENS DYSLEXIA CENTERS INC

Form 990 for tax year 2024

Filed by CHILDRENS DYSLEXIA CENTERS INC.

Totals

Total revenue
$9,125,382
Total expenses
$7,298,761
Contributions and grants received
$5,745,921
Grants paid
$0
Program service revenue
$264,974
Investment income
$3,107,309
Other revenue
$7,178
Total assets, end of year
$75,973,625
Total liabilities, end of year
$170,615
Net assets or fund balances, end of year
$75,803,010
Program services expenses (Part IX)
$6,434,967
Management and general expenses
$695,705
Fundraising expenses
$168,089
Program service expenses (Part III)
$6,434,967

Program services were 88.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $771,467

  • 1e · Government grants (contributions)

    $105,179

  • 1f · All other contributions, gifts and grants

    $4,869,275

  • 2a · Program service revenue: INCOME FROM SERVICES

    total $264,974 · related or exempt $264,974

  • 3 · Investment income

    total $1,838,402 · excluded $1,838,402

  • 5 · Royalties

    total $7,178 · excluded $7,178

  • 7a · Gross sales of assets other than inventory

    securities $12,137,154

  • 7b · Less cost or other basis and sales expenses

    securities $10,868,247

  • 7c · Gain or loss

    securities $1,268,907

  • 7d · Net gain or loss

    total $1,268,907 · excluded $1,268,907

  • 8a · Fundraising events: contributions included on line 1c

    $771,467

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $134,529 · program services $121,076 · management and general $13,453

  • 7 · Other salaries and wages

    total $4,907,137 · program services $4,642,616 · management and general $264,521

  • 9 · Other employee benefits

    total $267,512 · program services $113,290 · management and general $154,222

  • 10 · Payroll taxes

    total $326,235 · program services $326,235

  • 11b · Fees: legal

    total $84,932 · program services $569 · management and general $84,363

  • 11f · Fees: investment management

    total $73,559 · management and general $73,559

  • 12 · Advertising and promotion

    total $39,712 · program services $17,439 · management and general $564 · fundraising $21,709

  • 13 · Office expenses

    total $288,777 · program services $285,685 · management and general $3,092

  • 14 · Information technology

    total $13,096 · program services $13,096

  • 16 · Occupancy

    total $463,120 · program services $463,120

  • 19 · Conferences, conventions and meetings

    total $178,109 · program services $151,199 · management and general $26,910

  • 23 · Insurance

    total $155,011 · program services $107,137 · management and general $41,494 · fundraising $6,380

  • 24a · Other expenses: SHARED SERVCIES

    total $200,000 · program services $30,000 · management and general $30,000 · fundraising $140,000

  • 24b · Other expenses: CONSTRUCTION

    total $143,963 · program services $140,436 · management and general $3,527

  • 24c · Other expenses: MISCELLANEOUS

    total $23,069 · program services $23,069

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,334,013 · end of year $1,416,199

  • 3 · Pledges and grants receivable

    beginning of year $2,741,714 · end of year $2,809,335

  • 4 · Accounts receivable

    beginning of year $4,652 · end of year $5,482

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,330 · end of year $66,637

  • 11 · Investments: publicly traded securities

    beginning of year $66,128,288 · end of year $71,675,972

  • 17 · Accounts payable and accrued expenses

    beginning of year $159,637 · end of year $170,615

  • 27 · Net assets without donor restrictions

    beginning of year $67,255,360 · end of year $73,003,010

  • 28 · Net assets with donor restrictions

    beginning of year $2,800,000 · end of year $2,800,000

Mission and programs · 2024

Mission

TO PROVIDE PROFESSIONAL EVALUATION AND APPROPRIATE INSTRUCTION FOR CHILDREN WITH DYSLEXIA, TO INCREASE PUBLIC AWARENESS OF DYSLEXIA, AND TO PROMOTE EFFECTIVE LEARNING OPTIONS.

Activities or mission (Part I)

TREATMENT OF LEARNING DISABILITIES IN CHILDREN

  • THE VARIOUS CENTERS PROVIDE EVALUATION AND TREATMENT OF CHILDREN WITH LEARNING DISABILITIES; INCREASE PUBLIC AWARENESS; IMPROVE STANDARDS OF CARE;SERVICED 1,220 CHILDREN DURING PERIOD OF RECORD. ADDITIONALLY, PROVIDED 294 CERTIFICATIONS TO PRACTITIONERS.

    Expenses $6,434,967 · Revenue $264,974

As filed on the 2024 return.

Listed in Part VII

  • WHEELER WALTER F

    TRUSTEE/PRES

    Total calculated
    $362,846
    From this org
    $0
    From related orgs
    $315,727
    Other
    $47,119
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $239,500 related
    Bonus
    not reported
    Other
    not reported + $76,227 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $47,119 related
    Filer's total
    not reported + $362,846 related
  • SHARKIS DAVIS L

    FORMER EXECU

    Total calculated
    $222,036
    From this org
    $182,204
    From related orgs
    $0
    Other
    $39,832
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $182,204
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $39,832
    Filer's total
    $222,036
  • QUATTROCCHI DANIEL

    ASST. DIRECT

    Total calculated
    $193,147
    From this org
    $137,917
    From related orgs
    $0
    Other
    $55,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,917
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $55,230
    Filer's total
    $193,147
  • HECHT KEVIN

    TRUSTEE/DEPU

    Total calculated
    $189,846
    From this org
    $0
    From related orgs
    $145,882
    Other
    $43,964
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $145,882 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $43,964 related
    Filer's total
    not reported + $189,846 related
  • ELLIOT RICHARD W

    TRUSTEE/ML E

    Total calculated
    $188,228
    From this org
    $0
    From related orgs
    $141,609
    Other
    $46,619
    Hours/week
    1 + 35 related

    Schedule J breakdown matched by us

    Base
    not reported + $141,609 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $46,619 related
    Filer's total
    not reported + $188,228 related
  • MCNAUGHTON JOHN BRIAN

    TRUSTEE/ML B

    Total calculated
    $182,847
    From this org
    $0
    From related orgs
    $129,163
    Other
    $53,684
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $129,163 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $53,684 related
    Filer's total
    not reported + $182,847 related
  • ROUP PAUL J

    TRUSTEE

    Total calculated
    $157,849
    From this org
    $0
    From related orgs
    $138,593
    Other
    $19,256
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $138,593 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $19,256 related
    Filer's total
    not reported + $157,849 related
  • ILLIG CARIN

    CLINICAL DIR

    Total calculated
    $133,350
    From this org
    $124,215
    From related orgs
    $0
    Other
    $9,135
    Hours/week
    40
  • HEATH ALAN R

    TRUSTEE

    Total calculated
    $109,186
    From this org
    $0
    From related orgs
    $73,056
    Other
    $36,130
    Hours/week
    1 + 39 related
  • DEWOLF MICHAEL A

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • HAINES MARK A

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • HAISCH HENRY A

    TRUSTEE/BOAR

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • KENNEDY CRAIG A

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • HUMPHREY L ARBY

    TRUSTEE/ VIC

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • ST PIERRE PAUL C

    TRUSTEE/DEPU

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • INGLIS SCOTT D

    TRSTE/CDC BD

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • TONDA RICHARD D

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • HELDMAN DONALD

    TRUSTEE/DEP

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • BARNES DAVID

    TRUSTEE/BOAR

    Total calculated
    $0
    Hours/week
    2 + 6 related
  • HAYRYNEN JACOB E

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • PARKINSON KEITH E

    TRUSTEE/DPTY

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • BREWER ELDRIDGE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • EASTERLING JAMES F

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • HAMILTON GEORGE F

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • POYTON KENNETH F

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • DUQUETTE DONALD G

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • JORDAN GREGORY

    TRUSTEE/ML S

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • STEIN HENRY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • TURNER HOWARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KARSTENS WILLIAM IV

    TRSTE/ML BD/

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • MCCARTHY STEPHEN J

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • POWELL RICHARD J

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • SAMIEC PETER J

    TRUSTEE/PAST

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • ROSS A JAMES

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • BRYDEN JEFFREY

    TRUSTEE/DEPU

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • SIMONTON JEFFRY

    TRUSTEE/DEPU

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • CLAY KENNETH A JR

    TRUSTEE/TREA

    Total calculated
    $0
    Hours/week
    2 + 6 related
  • ELLIOT PHILIP R JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • PATTERSON JOHN R JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • AVRIT KAREN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CLARK GREGORY L

    TRUSTEE/DEPU

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • SWALM RICKY L

    TRUSTEE/DEP

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • MORAN DONALD M

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • FARRELL DR MARY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MORRIS G MICHAEL

    TRUSTEE/DEP

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • GRAFF GARY N

    TRUSTEE/BOAR

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • KAYLOR DOUGLAS N

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • TIFFANY P HOGAN PHD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CRACCO ANTHONY R

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • LABAGH THOMAS R

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • POLICASTRO DOUGLAS R

    TR/DEP NJ/GS

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • MARSHBANKS TIMOTHEY S

    TRUSTEE/DPTY

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • PITTMAN ERIC S

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • PLASKET LARRY S

    TRUSTEE/BOAR

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • VANGORDEN ROGER S

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • GARDNER STEPHEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • SMITH STEVEN

    TR/CDC BD/DP

    Total calculated
    $0
    Hours/week
    2 + 5 related
  • STEFANAKOS STEVEN

    TRUSTEE/ML B

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • MCINTOSH MICHAEL T

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • WORK BRUCE T

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • MCNAUGHTON JOHN WM

    TRUSTEE/PAST

    Total calculated
    $0
    Hours/week
    1 + 5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART III
PART I, LINE 4B: PETER SAMIEC - DEFERRED COMPENSATION OF -0- FOR CALENDAR YEAR 2024. WALTER WHEELER - DEFERRED COMPENSATION OF 24,000 FOR CALENDAR YEAR 2024.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
21 May 2026
IRS schema version
2024v5.0
Source object
202601549349301245

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