Nonprofit · EIN 56-0939512
METHOD CHILD DEVELOPMENT CENTER INC
Tax-exempt · RALEIGH, NC 27606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,384,114 | $1,516,980 | -$132,866 | $493,092 | $30,243 | $462,849 |
| August 31, 2024 | 990 | $1,327,769 | $1,403,869 | -$76,100 | $602,683 | $6,968 | $595,715 |
| August 31, 2023 | 990 | $1,141,455 | $1,090,037 | $51,418 | $674,917 | $3,104 | $671,813 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $577,244
- of which government grants
- $574,149
- Program service revenue
- $788,783
- Investment income
- $5,049
- Net income from fundraising events
- $1,493
- Other revenue
- $13,038
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $92,997
- Other salaries and wages
- $775,330
- Salaries, compensation and benefits (total)
- $987,983
- Professional fundraising fees
- $0
- Accounting fees
- $55,450
- Occupancy
- $151,896
- Depreciation
- $12,495
- Program services (functional)
- $1,346,899
- Management and general (functional)
- $164,915
- Fundraising (functional)
- $5,166
Balance sheet and other
- Total assets, start of year
- $602,683
- Total assets, end of year
- $493,092
- Total liabilities, end of year
- $30,243
- Net assets, end of year
- $462,849
- Land, buildings and equipment
- $67,103
- Net assets without donor restrictions
- $462,849
- Gross receipts
- $1,384,114
- Employees
- 32
- Volunteers
- 22
- Year formed
- 1981
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTINIQUE MCLAUGHLIN | EXECUTIVE DIRECTOR Officer | 40 | $101,240 |
| SHANNON DEATON | CHAIR Trustee or director, Officer | 5 | $0 |
| SHANNON AYCOCK | TREASURER Trustee or director, Officer | 1 | $0 |
| PAT FLANAGAN | COMMITTEE CHAIR Trustee or director | 0.5 | $0 |
| NORA DAVIS-LEE | MEMBER Trustee or director | 0.5 | $0 |
| KATE CHARLAND | MEMBER Trustee or director | 0.5 | $0 |
| JIMMY ROGERS | MEMBER Trustee or director | 0.5 | $0 |
| LIZ MILLAR | COMMITTEE CHAIR Trustee or director | 2 | $0 |
| BRADEN RAWLS | MEMBER Trustee or director | 1 | $0 |
| ALLISON CLARK | PARENT REP Trustee or director | 1 | $0 |
| PRUDHVI BELDE | MEMBER Trustee or director | 1 | $0 |
| NICK LEGER | MEMBER Trustee or director | 1 | $0 |
| LAUREN WALSH | MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended August 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTINIQUE MCLAUGHLIN | EXECUTIVE DIRECTOR Officer | 40 | $83,581 |
| SHANNON DEATON | CHAIR Trustee or director, Officer | 1 | $0 |
| SHANNON AYCOCK | COMMITTEE CHAIR Trustee or director, Officer | 1 | $0 |
| PAT FLANAGAN | COMMITTEE CHAIR Trustee or director | 0.5 | $0 |
| NORA DAVIS-LEE | MEMBER Trustee or director | 0.5 | $0 |
| ALLESONDRA VAUGHN | MEMBER Trustee or director | 1 | $0 |
| JIMMY ROGERS | MEMBER Trustee or director | 0.5 | $0 |
| LIZ MILLAR | COMMITTEE CHAIR Trustee or director | 0.5 | $0 |
| BRADEN RAWLS | MEMBER Trustee or director | 0.5 | $0 |
| ALLISON CLARK | PARENT REP Trustee or director | 0.5 | $0 |
990 for the year ended August 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTINIQUE MCLAUGHLIN | EXECUTIVE DI Officer | 40 | $66,187 |
| SHANNON DEATON | CHAIR Trustee or director, Officer | 5 | $0 |
| SHANNON AYCOCK | TREASURER Trustee or director, Officer | 2 | $0 |
| NORA DAVIS-LEE | MEMBER Trustee or director | 0.5 | $0 |
| LIZ MILLAR | MEMBER Trustee or director | 0.5 | $0 |
| JIMMY ROGERS | MEMBER Trustee or director | 0.5 | $0 |
| PAT FLANAGAN | MEMBER Trustee or director | 0.5 | $0 |
| ALLESONDRA VAUGHN | MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 900 TRAILWOOD DR, RALEIGH, NC 27606-3707
- In care of
- % NATASHA KIRBY
- Principal officer (990 for 2024)
- SHANNON AYCOCK, 900 TRAILWOOD DRIVE, RALEIGH, NC 27606
- Signed the 990
- SHANNON AYCOCK, TREASURER
- Phone
- (919) 852-4568
- Return prepared by
- NORTON COLLAR LUND LILLEY PLLC
Mission
TO PROVIDE A SAFE AND STIMULATING LEARNING ENVIRONMENT, NUTRITION AND BASIC CHILD CARE FOR YOUNG CHILDREN.
Program accomplishments
- PROVIDED SAFE AND EFFECTIVE CHILD CARE, EDUCATION AND NUTRITION FOR CHILDREN AGES INFANT TO 5 YEARS OLD.Expenses $1,346,899 · revenue $800,328
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 56-0939512
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1973
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $493,092
- Income (IRS master file)
- $1,384,114
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,384,114 | $1,516,980 | $493,092 | XML |
| 990 | August 2024 | $1,327,769 | $1,403,869 | $602,683 | XML |
| 990 | August 2023 | $1,141,455 | $1,090,037 | $674,917 | XML |
| 990 | August 2022 | $1,155,594 | $847,957 | $623,501 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0939512).
Questions about METHOD CHILD DEVELOPMENT CENTER INC
- What is the EIN of METHOD CHILD DEVELOPMENT CENTER INC?
- The employer identification number (EIN) of METHOD CHILD DEVELOPMENT CENTER INC is 56-0939512.
- Is METHOD CHILD DEVELOPMENT CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to METHOD CHILD DEVELOPMENT CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does METHOD CHILD DEVELOPMENT CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of METHOD CHILD DEVELOPMENT CENTER INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did METHOD CHILD DEVELOPMENT CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of METHOD CHILD DEVELOPMENT CENTER INC?
- The 990 for the year ended August 31, 2025 names SHANNON AYCOCK.
- Who are the officers and directors of METHOD CHILD DEVELOPMENT CENTER INC?
- The 990 for the year ended August 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $101,240 (MARTINIQUE MCLAUGHLIN, EXECUTIVE DIRECTOR).
- How much revenue does METHOD CHILD DEVELOPMENT CENTER INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,384,114, expenses of $1,516,980 and total assets of $493,092 at year end.
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