THE RED BALLOON DAY CARE CENTER INC Charity Report

Tax-exempt status may be revoked

THE RED BALLOON DAY CARE CENTER INC

EIN 13-2772534 · Arts, Culture & Humanities (A)

What they do

We Partner With Families to Create A Safe Nurturing Community Where Children Are Encourage to Reach Their Potential Through Play Based Experiential Curriculum While Planting Seeds of Life -long Learning.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.40%of revenue went to mission work86.2% of expenses · Program services

$93.23spent for every $100 of revenueRevenue covered expenses this year.

12.83%of revenue went to management and office costs13.8% of expenses

$0.50in assets for every $1 spent this yearSome assets cannot be spent right away.

10.2%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $20,671 for ANN HERSHKOWWITZ (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$648,915

Mission workProgram services$521,72380.40% of revenue86.2% of expenses

ManagementOffice and general costs$83,23612.83% of revenue13.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$43,9566.77% of revenueShown in gray on the chart

Total expenses$604,95993.23% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$648,915

Expenses$604,959

Annual surplus $43,956 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$521,723 · 86.2% of expenses

Management and office costs$83,236 · 13.8% of expenses

See all reported dollar amounts

Revenue$648,915

Expenses$604,959

Assets$299,457

Contributions$66,000

Mission work (program services)$521,723

Management and general$83,236

Accounting fees$3,900

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANN HERSHKOWWITZDIRECTOR · 40 hrs/week $20,671

ELIZABETH SOQUIDIRECTOR · 40 hrs/week $13,076

LAURIE ROUDERDIRECTOR · 40 hrs/week $12,769

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

ANN HERSHKOWWITZDIRECTOR

ELIZABETH SOQUIDIRECTOR

LAURIE ROUDERDIRECTOR

ALICE HUANGSECRETARY

ANNAPURNA SCHREIBERPRESIDENT

CHRISTINE ALBERTITREASURER

EMILY BLOOMMEMBER

JEFFREY GREEGSMEMBER

UKEME EMEM-SIMPSONMEMBER

About this charity

Recognized since: January 1976
Location: 560 Riverside, New York, NY 10027
County: New York
In care of: Elizabeth Soqui
Primary officer: Elizabeth Soqui, Director

How to reach them

Phone(212) 663-9006

Filing and classification

Latest tax year: 2020
Tax period began: July 1, 2020
Return type: 990
NTEE classification: Arts, Culture & Humanities (A)
IRS tax category: Arts, Culture & Humanities
Revocation date: November 15, 2024