EFFINGHAM CHILD DEVELOPMENT CENTER
Mission Statement
ECDC is a vital community resource that has met the changing needs of the Effingham area since 1972. ECDC serves children from 6 weeks to 13 years of age. ECDC offers a safe and healthy developmentally appropriate jump-start to the children in our care. The parents enjoy the peace of mind, knowing we are dependable care, always here from 5:45am until 6:00pm, Monday through Friday. We foster growth in children physically, intellectually, emotionally and socially. We assist families and children to rise above their challenges, such as; single parent homes, low income/socio-economic concerns, special needs, disabilities, learning disabilities, health impairments, homework challenges, parent incarceration, diverse cultures, speech barriers and so much more. The ECDC serves Effingham area families without discrimination because of race, creed or socio-economic conditions. ECDC is the only not for profit daycare in Effingham County.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.0% | 85.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.7% | 11.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.2 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
31.3% | 13.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.2% | 93.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
21.1% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.3% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.7% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $982K | $1.0M | $447K | 92.0% | 34 |
| 2023 | $811K | $870K | $503K | 92.0% | 36 |
| 2022 | $949K | $900K | $562K | 91.9% | 37 |
| 2021 | $834K | $692K | N/A | — | 39 |
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