Civic Intelligence

Sound Child Care Solutions

990 • Fiscal year 2012 • EIN 02-0551791

Sep 01, 2011 to Aug 31, 2012 • Filed on Jul 10, 2013

1225 S Weller St No 20098144
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.23x

Higher debt load relative to assets than 61% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

99th percentile

400%

Faster asset growth than 99% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,993,361

Up $1,594,529 (+400%) from 2011

Net Assets

Up

$1,533,292

Up $1,397,991 (+1033%) from 2011

Liabilities

Up

$460,069

Up $196,538 (+75%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$3,587,028

Up $749,463 (+26%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $238,437Liabilities 2010: $157,972Net Assets 2010: $80,4652010Assets 2011: $398,832Liabilities 2011: $263,531Net Assets 2011: $135,3012011Assets 2012: $1,993,361Liabilities 2012: $460,069Net Assets 2012: $1,533,2922012Assets 2013: $1,741,433Liabilities 2013: $505,803Net Assets 2013: $1,235,6302013Assets 2014: $1,438,920Liabilities 2014: $560,239Net Assets 2014: $878,6812014Assets 2015: $1,345,215Liabilities 2015: $637,525Net Assets 2015: $707,6902015Assets 2016: $1,635,323Liabilities 2016: $457,313Net Assets 2016: $1,178,0102016Assets 2017: $1,585,647Liabilities 2017: $572,831Net Assets 2017: $1,012,8162017Assets 2018: $2,101,429Liabilities 2018: $1,355,604Net Assets 2018: $745,8252018Assets 2019: $2,101,035Liabilities 2019: $1,400,416Net Assets 2019: $700,6192019Assets 2020: $2,628,615Liabilities 2020: $1,308,807Net Assets 2020: $1,319,8082020Assets 2021: $4,171,227Liabilities 2021: $1,382,966Net Assets 2021: $2,788,2612021Assets 2022: $5,162,961Liabilities 2022: $1,373,675Net Assets 2022: $3,789,2862022Assets 2023: $6,774,627Liabilities 2023: $2,349,410Net Assets 2023: $4,425,2172023Assets 2024: $6,291,099Liabilities 2024: $2,329,827Net Assets 2024: $3,961,2722024

Highlighted filing

2012

Assets$1,993,361
Liabilities$460,069
Net Assets$1,533,292

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,717,7472010Revenue 2011: $2,892,398Expenses 2011: $2,837,565Net Income 2011: $54,8332011Expenses 2012: $3,587,0282012Revenue 2013: $4,419,134Expenses 2013: $4,736,449Net Income 2013: -$317,3152013Revenue 2014: $5,032,893Expenses 2014: $5,389,842Net Income 2014: -$356,9492014Revenue 2015: $5,450,253Expenses 2015: $5,621,244Net Income 2015: -$170,9912015Revenue 2016: $6,863,898Expenses 2016: $6,393,578Net Income 2016: $470,3202016Revenue 2017: $5,724,916Expenses 2017: $5,897,457Net Income 2017: -$172,5412017Revenue 2018: $6,207,380Expenses 2018: $6,474,371Net Income 2018: -$266,9912018Revenue 2019: $6,820,746Expenses 2019: $6,711,583Net Income 2019: $109,1632019Revenue 2020: $7,176,943Expenses 2020: $6,557,754Net Income 2020: $619,1892020Revenue 2021: $8,458,282Expenses 2021: $6,942,879Net Income 2021: $1,515,4032021Revenue 2022: $9,005,806Expenses 2022: $8,004,781Net Income 2022: $1,001,0252022Revenue 2023: $10,217,527Expenses 2023: $9,568,809Net Income 2023: $648,7182023Revenue 2024: $9,975,680Expenses 2024: $10,438,421Net Income 2024: -$462,7412024

Highlighted filing

2012

Revenue-
Expenses$3,587,028
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2011 to Aug 31, 2012
Signed
Jul 10, 2013
Return Version
2011v1.5
Gross Receipts
$4,985,019
Mission and Program Overview

Mission

SCCS intentionally integrates child-centered, high quality, anti-bias, early childhood education with effective business practices to create a stable organization that consistently helps young children reach their full potential.

Filing and Contact Details

Filer

EIN
02-0551791
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IRS990/Description0We serve all children with a commitment to ensuring that low income children have real opportunities at each center. We support children's home language and culture, honoring and integrating families as children's first and most important teacher. SCCS has a commitment and dedication to creating long term social change that provides equal educational opportunity and effective teaching for all children. In 2011-2012, our consortium of six child care centers served over 400 children from birth-5 and 30 school age children. The vast majority (95%) of children met or exceeded developmental milestones for their age. By the end of the school year, 98% of PreK children demonstrated the skills necessary to be successful in Kindergarten.
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0`
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1General Services Administration sponsors one of the child care centers by paying of rent and other program supplies. City of Seattle provides support for high quality preschool for low income children, improving classroom environments and professional development for teachers. USDA provides funds through their Child Care food program to help cover our lunch and snack costs. The State of Washington provides child care subsidy that covers part of the tuition for low income families enrolled in our programs who meet certain income limits.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0Explanation of Racial Discrimination
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1Explanation of Government Financial Assistance
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IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1Schedule E, Part I, Line 6
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IRS990ScheduleO/GeneralExplanation/Explanation0Board President and Board Treasurer receive copy of 990 by email before filing. They review and approve before it is filed. All other directors also receive a copy of the 990 via email before filing.
IRS990ScheduleO/GeneralExplanation/Explanation1All board members read the conflict of interest policy at a board meeting and individually sign the conflict of interest disclosure form. Executive Directors disclose any potential conflicts of interest at monthly Board meetings.
IRS990ScheduleO/GeneralExplanation/Explanation2The Board members researched and compared data by using WA State Dept of Employment Security Labor Market and Economic Analysis. The Board also used Child Care Resources wage info and United Way non-profit salary survey. Board Decision was recorded in board minutes and in our payroll system records.
IRS990ScheduleO/GeneralExplanation/Explanation3Documents are available upon request.
IRS990ScheduleO/GeneralExplanation/Explanation4There has been no change in the audit committee process.
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IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part XII, Line 2c;
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ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0020551791
ReturnHeader/Filer/Name/BusinessNameLine10Sound Child Care Solutions
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ReturnHeader/Filer/Phone02064207165
ReturnHeader/Filer/USAddress/AddressLine101225 S Weller St No 200
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ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-07-10
ReturnHeader/Officer/Name0Diana Bender
ReturnHeader/Officer/Phone02064207165
ReturnHeader/Officer/Title0Executive Director

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.29$2.33$3.96$9.98$10.4$0.46
2023Detailed filing. Detailed filing data is available for this year.$6.77$2.35$4.43$10.2$9.57$0.65
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$1.37$3.79$9.01$8.00$1.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$1.38$2.79$8.46$6.94$1.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$1.31$1.32$7.18$6.56$0.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$1.40$0.70$6.82$6.71$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$1.36$0.75$6.21$6.47$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.59$0.57$1.01$5.72$5.90$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.46$1.18$6.86$6.39$0.47
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.64$0.71$5.45$5.62$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.56$0.88$5.03$5.39$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.51$1.24$4.42$4.74$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.46$1.53$3.59
2011Summary only. Only limited summary data is available for this year.$0.40$0.26$0.14$2.89$2.84$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.16$0.08$1.72