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Nonprofiteer
← CHILDRENS DEVELOPMENT ACADEMY INC

Form 990 for tax year 2023

Filed by CHILDRENS DEVELOPMENT ACADEMY INC.

Totals

Total revenue
$2,832,648
Total expenses
$3,042,614
Contributions and grants received
$2,424,890
Grants paid
$0
Program service revenue
$329,016
Investment income
$16,891
Other revenue
$61,851
Total assets, end of year
$2,959,441
Total liabilities, end of year
$307,996
Net assets or fund balances, end of year
$2,651,445
Program services expenses (Part IX)
$2,424,781
Management and general expenses
$288,788
Fundraising expenses
$329,045
Program service expenses (Part III)
$2,424,781

Program services were 79.7% 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

    $209,951

  • 1e · Government grants (contributions)

    $1,234,976

  • 1f · All other contributions, gifts and grants

    $979,963

  • 1g · Noncash contributions included above

    $154,252

  • 2a · Program service revenue: TUITION FEES

    total $329,016 · related or exempt $329,016

  • 3 · Investment income

    total $16,891 · excluded $16,891

  • 6a · Gross rents

    real property $55,250

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $55,250

  • 6d · Net rental income or loss

    total $55,250 · excluded $55,250

  • 8a · Fundraising events: gross income

    $92,350

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

    $209,951

  • 8b · Fundraising events: direct expenses

    $85,755

  • 8c · Net income from fundraising events

    total $6,595 · excluded $6,595

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $6 · related or exempt $6

  • 11e · Other revenue, total

    $6

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $121,168 · program services $98,746 · management and general $9,496 · fundraising $12,926

  • 7 · Other salaries and wages

    total $1,923,232 · program services $1,567,342 · management and general $150,723 · fundraising $205,167

  • 8 · Pension plan contributions

    total $64,011 · program services $49,023 · management and general $6,646 · fundraising $8,342

  • 9 · Other employee benefits

    total $56,385 · program services $43,183 · management and general $5,854 · fundraising $7,348

  • 10 · Payroll taxes

    total $136,874 · program services $104,826 · management and general $14,211 · fundraising $17,837

  • 11c · Fees: accounting

    total $21,904 · management and general $21,904

  • 11f · Fees: investment management

    total $3,033 · management and general $3,033

  • 12 · Advertising and promotion

    total $3,112 · fundraising $3,112

  • 13 · Office expenses

    total $10,201 · program services $8,150 · management and general $926 · fundraising $1,125

  • 14 · Information technology

    total $16,417 · program services $13,133 · management and general $1,642 · fundraising $1,642

  • 16 · Occupancy

    total $135,659 · program services $102,876 · management and general $18,223 · fundraising $14,560

  • 17 · Travel

    total $341 · program services $341

  • 22 · Depreciation, depletion and amortization

    total $135,967 · program services $88,378 · management and general $42,150 · fundraising $5,439

  • 23 · Insurance

    total $37,358 · program services $24,283 · management and general $11,581 · fundraising $1,494

  • 24a · Other expenses: SUPPLIES & OTHER GOODS

    total $229,688 · program services $189,805 · management and general $1,228 · fundraising $38,655

  • 24b · Other expenses: MEALS

    total $107,054 · program services $107,054

  • 24c · Other expenses: OTHER EXPENSES

    total $27,227 · program services $22,766 · management and general $189 · fundraising $4,272

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $6,976 · fundraising $6,976

  • 24e · All other expenses

    total $6,007 · program services $4,875 · management and general $982 · fundraising $150

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $723,771 · end of year $535,348

  • 4 · Accounts receivable

    beginning of year $141,832 · end of year $47,190

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,077 · end of year $13,080

  • 10a · Land, buildings and equipment: cost or other basis

    $4,486,186

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,644,094

  • 10c · Land, buildings and equipment, net

    beginning of year $1,944,482 · end of year $1,842,092

  • 11 · Investments: publicly traded securities

    beginning of year $204,825 · end of year $521,731

  • 17 · Accounts payable and accrued expenses

    beginning of year $98,489 · end of year $174,247

  • 19 · Deferred revenue

    beginning of year $5,775 · end of year $133,749

  • 27 · Net assets without donor restrictions

    beginning of year $2,704,656 · end of year $2,318,341

  • 28 · Net assets with donor restrictions

    beginning of year $228,067 · end of year $333,104

Mission and programs · 2023

Mission

MISSION: AFFORDING ALL CHILDREN IN OUR COMMUNITY HIGH QUALITY EARLY EDUCATION. VISION: BEST START. BRIGHTEST FUTURE. EVERY CHILD.

  • IN 2023-2024, THE CHILDREN'S DEVELOPMENT ACADEMY (CDA) PROVIDED HIGH-QUALITY, AFFORDABLE EARLY CARE AND LEARNING PROGRAMS TO MORE THAN 200 CHILDREN FROM LOW-INCOME FAMILIES WHO OTHERWISE WOULD NOT HAVE THE OPPORTUNITY TO ATTEND PRESCHOOL. THE CDA SERVES PRESCHOOL CHILDREN AGES 1 TO 5, INCLUDING THREE GEORGIA PRE-K CLASSROOMS. THE CDA EMPLOYS FULL TIME, EXPERIENCED AND HIGHLY QUALIFIED TEACHERS. OUR LOW STUDENT-TEACHER RATIOS ENSURE THAT EACH STUDENT RECEIVES DAILY INTERACTION AND INDIVIDUALIZED INSTRUCTION THAT STUDIES HAVE SHOWN ENSURES POSITIVE OUTCOMES WHEN STUDENTS REACH KINDERGARTEN AND BEYOND.THE CDA'S PRIMARY OBJECTIVE IN KINDERGARTEN READINESS, AND CHILDREN ENTERTING OUT ONE YEAR-OLD CLASSROOM TODAY RECEIVE THE FOUNDATION NECESSARY FOR A STRONGER START IN KINDERGARTEN AT AGE FIVE AND OF ACHIEVING THE VITAL EDUCATIONAL MILESTONE OF READING AT THE THIRD GRADE LEVEL WHEN THEY ARE EIGHT. THE CDA FOLLOWS EVIDENCE-BASED PRACTICES OF QUALITY EARLY CHILDHOOD EDUCATION, EARLY INTERVENTION, NUTRITION, AND HEALTHCARE THAT SUPPORT A CHILD'S INTELLECTUAL DEVELOPMENT AND ACADEMIC SUCCESS.THE CDA FOLLOWS THE PLAY-BASED CREATIVE CURRICULUM THAT PROMOTES SOCIAL/EMOTIONAL, PHYSICAL, COGNITIVE, AND LANGUAGE DEVELOPMENT, AND OUR COMPREHENSIVE PRESCHOOL PROGRAM INCLUDES THE FOLLOWING FOR EACH CHILD: AN EARLY LITERACY PROGRAM FOCUSING ON PRE-READING SKILLS AND LANGUAGE ACQUISITION; ENRICHMENT ACTIVITIES INCLUDING FIELD TRIPS, CULTURAL PERFORMANCES, AND NATURE EXPLORATIONS, AND IN-CENTER VISITS FROM COMMUNITY HELPERS; PARENT-TEACHER CONFERENCES, PARENT WORKSHOPS AND FAMILY-BASED ACTIVITIES THAT INFORM AND ENGAGE PARENTS IN THEIR CHILD'S EDUCATION; DEVELOPMENTAL ASSESSMENTS THAT ENSURE THAT STUDENTS ARE ON TRACK; AND EACH CHILD RECEIVES A NUTRITIOUS BREAKFAST, LUNCH, AND SNACK EACH DAY, FOLLOWING GEORGIA'S BRIGHT FROM THE START AND CACFP NUTRITION GUIDELINES.CDA FAMILIES HAVE INCOMES THAT PUT HIGH QUALITY EARLY EDUCATION OUT OF REACH FINANCIALLY, FUNDRAISING ALLOWS THE CDA TO PROVIDE FREE TO EXTREMELY AFFORDABLE TUITION TO OUR FAMILIES ON A SLIDING SCALE BASED UPON HOUSEHOLD SIZE AND INCOME. THE AVERAGE COST FOR PRESCHOOL IN OUR COMMUNITY IS OVER $400 PER WEEK, BUT CDA FAMILIES PAY AN AVERAGE OF ONLY $75 PER WEEK TO ATTEND, WITH MANY FAMILIES PAYING NOTHING AT ALL. KEEPING OUR PROGRAMS HIGHLY AFFORDABLE FOR LOW-INCOME FAMILIES IS OUR NUMBER ONE PRIORITY AND IS ONLY POSSIBLE AS A RESULT OF THE GENEROSITY OF OUR DONORS, CORPORATE PARTNERS, AND FOUNDATIONS.

    Expenses $2,424,781 · Revenue $329,016

  • SINCE 2010, THE CDA HAS OFFERED THREE GEORGIA PRE-K CLASSROOMS THAT SERVE 60-66 CHILDREN EACH YEAR. IN 2012, THE CDA WAS CHOSEN FOR A SIX-WEEK SUMMER PILOT PROGRAM, THE RISING-K SUMMER TRANSITION PROGRAM, WHICH SERVED CHILDREN DEEMED TO BE AT RISK OF SCHOOL FAILURE WITHOUT ADDITIONAL SUPPORT FOR MAKING THE TRANSITION TO KINDERGARTEN. THE CDA HAS WORKED WITH THE STATE TO OFFER THIS IMPORTANT SUMMER TRANSITION PROGRAM EVERY YEAR SINCE, INCLUDING 2023 AND 2024. AND, IN THE SUMMER OF 2013, THE CDA HELPED LAUNCH ANOTHER BRIGHT FROM THE START PILOT PROGRAM - THIS ONE PROVIDING A SIX-WEEK SUMMER PREPARATORY CURRICULUM FOR ENGLISH LANGUAGE LEARNERS ENTERING PRE-K IN THE FALL. THIS RISING PRE-K SUMMER TRANSITION PROGRAM HAS BEEN RENEWED BY THE STATE EVERY YEAR INCLUDING 2023 AND 2024.

  • THE CDA CONTINUES TO MEET OR EXCEED THE NATIONAL STANDARDS FOR EARLY CARE AND LEARNING PROGRAMS. WE HAVE MAINTAINED ACCREDITATION BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) SINCE APRIL 2014, INCLUDING OUR MOST RECENT REACCREDITATION IN MAY 2024. FEWER THAN 4% OF GEORGIA'S CHILDCARE CENTERS ARE NAEYC-ACCREDITED. LIKEWISE, THE CDA HAS PARTICIPATED IN GEORGIA'S BRIGHT FROM THE START QUALITY RATED PROGRAM SINCE 2013, MOST RECENTLY RECEIVING RENEWAL IN NOVEMBER 2024. TAKEN TOGETHER, THESE ACCOMPLISHMENTS CLEARLY SET THE CDA APART AS A CENTER OF HIGH QUALITY AND DEMONSTRATE OUR COMMITMENT TO WORKING TOWARD OUR VISION OF BEST START - BRIGHTEST FUTURE - EVERY CHILD.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JOSEPH ALONSO

    IMMEDIATE PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5

  • JIM STURM

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    2

  • SHERRI HARRIS

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • DOUG HIGGINS

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • FELTON ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOSEPH PIONTEK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CLARA SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CORINNE BRIDGMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHARI MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • STEVE DORVEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GLORIA MATTEI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LANA STEPKA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TOM DUANE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CINDY SUTTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE STOREY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MARIE EDLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANA MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIM WYNKOOP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BOB HAGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CRISTIAN ORIHUELA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AYO RICHARDSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LALITHA ALLADI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KANANI BRIGGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHELSEA WRIGHT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHELIA SILLITTO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARGARET DECAN

    CEO & EXEC.

    Total calculated
    $120,599
    From this org
    $115,903
    From related orgs
    $0
    Other
    $4,696
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
12 February 2025
IRS schema version
2023v6.0
Source object
202510449349301616

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