Childrens Center At Gracelyn in Asheville, North Carolina (NC)
Table of contents:
| Childrens Center At Gracelyn | |
| Employer Identification Number (EIN) | 364517509 |
| Name of Organization | Childrens Center At Gracelyn |
| In Care of Name | Rebecca Bennett |
| Address | 789 Merrimon Ave, Asheville, NC 28804-2447 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $76,532 |
| Amount of Income | $530,716 |
| Form 990 Revenue Amount | $530,716 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Child Day Care |
Non-representatives - add comments:
Amount of income in 2013: $530,716 (it was $510,355 in 2012)
| Childrens Center At Gracelyn: | $530,716 |
| Other organizations performing similar types of work: | $197,933 |
Assets in 2013: $76,532 (it was $63,223 in 2012)
| Childrens Center At Gracelyn: | $76,532 |
| Other organizations performing similar types of work: | $34,378 |
Expenses in 2012: $519,531
| Childrens Center At Gracelyn: | $519,531 |
| Other organizations performing similar types of work: | $217,938 |
Income to expenses ratio in 2012: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 0.9 |
Number of employees in 2012: 20
| Childrens Center At Gracelyn: | 20 |
| Other organizations performing similar types of work: | 17 |
Grants share in income in 2012: 0.1%
| Childrens Center At Gracelyn: | 0.1% |
| Other organizations performing similar types of work: | 7.5% |
Revenue for 2012
Functional expenses for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $510,355 |
| Contributions, Gifts, Grants and Other Similar Amounts | $431 |
| Program Service Revenue | $509,809 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $115 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $519,531 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $334,234 |
| Payroll taxes | $25,866 |
| Professional fundraising services | $0 |
| Other | $159,431 |
| Balance Sheet (for 2012) | |
| Total assets | $63,223 |
| Total liabilities | $5,017 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $5,017 |
| Total net assets or fund balances | $58,206 |
| Retained earnings, endowment, accumulated income, or other funds | $44,715 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $2,508,959 |
| Gifts, grants, contributions, and membership fees received | $7,563 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $2,495,954 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $1,381 |
| Other | $4,061 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | First United Methodist Church Child Development Center Inc | PO BOX 31603, Charlotte, NC 28231-1603 | NC | 2014-02 | $1,296,818 |
| 2 | Unified Comprehensive Human Services Inc | PO BOX 6587, Rocky Mountain, NC 27802-6587 | NC | 2004-03 | $923,936 |
| 3 | The Child Development Center At Reimage Church Inc | 3950 Victory Ln, Winterville, NC 28590-9222 | NC | 2008-03 | $913,507 |
| 4 | Burlington First Presbyterian Church Child Development Center In | 508 W Davis St, Burlington, NC 27215-3761 | NC | 2012-10 | $653,343 |
| 5 | Cornerstone Christian Child Development Center Inc | 1085 Allen Rd, Greenville, NC 27834-8535 | NC | 1997-06 | $646,965 |
| 6 | Salem-Sloan Inc | PO BOX 200, Stony Point, NC 28678-0200 | NC | 2002-04 | $561,269 |
| 7 | Trinity Presbyterian Schools Inc, Daniel Hamilton | 13000 Blues Farm Rd, Laurinburg, NC 28352-2516 | NC | 2010-04 | $512,867 |
| 8 | Sisters Of Charity Of St Vincent De Paul Social Ministries Incorporate | 1225 Elon Pl, Archdale, NC 27263-9745 | NC | 2003-09 | $424,525 |
| 9 | Seawells Creative Daycare Inc | 1501 Upland Dr, Greensboro, NC 27405-5026 | NC | 2005-12 | $386,277 |
| 10 | Pilot Baptist Day Care Ministry | 89 Stallings Rd, Zebulon, NC 27597-5934 | NC | 2014-08 | $374,783 |
| 11 | Triad Christian Academy Inc | 5104 Dunstan Rd, Greensboro, NC 27405-9565 | NC | 2012-07 | $364,395 |
| 12 | Childcare Matters Inc | 825a N Estes Dr, Chapel Hill, NC 27514-2403 | NC | 2009-06 | $356,737 |
| 13 | Preschool Of The Arts Inc | 421 Terrace Dr, Kannapolis, NC 28083-5238 | NC | 2011-09 | $268,523 |
| 14 | Community Connection Center | 301 Mc Cullough Dr 4th Fl, Charlotte, NC 28262-3310 | NC | 2010-10 | $193,873 |
| 15 | Little Gems Daycare Center | 1158 Highway 24, Newport, NC 28570-8141 | NC | 2011-09 | $170,133 |
| 16 | Sandras Tons Of Love Ltd | 100 Allendale Dr, Greenville, NC 27834-8501 | NC | 2000-11 | $154,194 |
| 17 | Kidz On A Mission Learning & Developemental Center | 6337 Caveson Ct, Fayetteville, NC 28311-7100 | NC | 2011-02 | $152,527 |
| 18 | H B Suggs Community Center | Po Box 638 3632 S George Street, Farmville, NC 27828 | NC | 2008-06 | $106,547 |
| 19 | Farmers Union Developmental Day Care Inc | 903 Farmers Union Rd, Clarkton, NC 28433-7920 | NC | 1998-01 | $100,290 |
| 20 | Little Grown Ups Child Care 2 | 7396 Nc Highway 33 Nw, Tarboro, NC 27886-8885 | NC | 2014-07 | $97,882 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 4,115 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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