Civic Intelligence

The Parent-Child Home Program Inc

990 • Fiscal year 2018 • EIN 11-2495601

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 27, 2019

163B Mineola BlvdMineola, NY 11501

(516) 883-7480

Siviq Scores

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

Liabilities / Assets

55th percentile

0.12x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.11x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$158,543

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

88th percentile

35%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

34%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,910,488

Up $1,024,433 (+35%) from 2017

Net Assets

Up

$3,426,376

Up $605,390 (+21%) from 2017

Liabilities

Up

$484,112

Up $419,043 (+644%) from 2017

Revenue

Up

$4,600,119

Up $1,163,351 (+34%) from 2017

Expenses

Up

$4,099,719

Up $1,322,146 (+48%) from 2017

Net Income

Down

$500,400

Down $158,795 (-24%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $1,113,283Liabilities 2011: $182,981Net Assets 2011: $930,3022011Assets 2012: $2,067,349Liabilities 2012: $322,847Net Assets 2012: $1,744,5022012Assets 2013: $2,078,718Liabilities 2013: $383,383Net Assets 2013: $1,695,3352013Assets 2014: $2,390,792Liabilities 2014: $739,253Net Assets 2014: $1,651,5392014Assets 2015: $2,394,558Liabilities 2015: $373,790Net Assets 2015: $2,020,7682015Assets 2016: $2,488,113Liabilities 2016: $390,697Net Assets 2016: $2,097,4162016Assets 2017: $2,886,055Liabilities 2017: $65,069Net Assets 2017: $2,820,9862017Assets 2018: $3,910,488Liabilities 2018: $484,112Net Assets 2018: $3,426,3762018Assets 2019: $3,731,708Liabilities 2019: $310,196Net Assets 2019: $3,421,5122019Assets 2020: $3,109,894Liabilities 2020: $580,693Net Assets 2020: $2,529,2012020Assets 2021: $3,689,358Liabilities 2021: $817,271Net Assets 2021: $2,872,0872021Assets 2022: $3,676,852Liabilities 2022: $566,460Net Assets 2022: $3,110,3922022Assets 2023: $9,126,348Liabilities 2023: $611,915Net Assets 2023: $8,514,4332023Assets 2024: $10,256,415Liabilities 2024: $759,524Net Assets 2024: $9,496,8912024

Highlighted filing

2018

Assets$3,910,488
Liabilities$484,112
Net Assets$3,426,376

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,353,9432011Expenses 2012: $1,572,8302012Revenue 2013: $1,833,190Expenses 2013: $1,907,403Net Income 2013: -$74,2132013Revenue 2014: $1,955,332Expenses 2014: $2,053,146Net Income 2014: -$97,8142014Revenue 2015: $2,853,403Expenses 2015: $2,468,837Net Income 2015: $384,5662015Revenue 2016: $2,680,315Expenses 2016: $2,616,451Net Income 2016: $63,8642016Revenue 2017: $3,436,768Expenses 2017: $2,777,573Net Income 2017: $659,1952017Revenue 2018: $4,600,119Expenses 2018: $4,099,719Net Income 2018: $500,4002018Revenue 2019: $3,970,626Expenses 2019: $4,087,292Net Income 2019: -$116,6662019Revenue 2020: $4,059,063Expenses 2020: $4,961,421Net Income 2020: -$902,3582020Revenue 2021: $4,924,756Expenses 2021: $4,919,424Net Income 2021: $5,3322021Revenue 2022: $6,396,955Expenses 2022: $5,944,895Net Income 2022: $452,0602022Revenue 2023: $10,875,401Expenses 2023: $5,632,121Net Income 2023: $5,243,2802023Revenue 2024: $6,888,269Expenses 2024: $6,284,225Net Income 2024: $604,0442024

Highlighted filing

2018

Revenue$4,600,119
Expenses$4,099,719
Net Income$500,400
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 27, 2019
Return Version
2017v2.2
Gross Receipts
$4,754,230
Mission and Program Overview

Mission

The parent-child home program is an evidence-based,research-validated early childhood literacy, parenting,and school readiness program.the program uses trained community-based early literacy specialists to work with families who have not had access to educational and economic opportunities,preparing children for academic success,and strengthening families through intensive home visiting.

The Parent-Child Home Programs (PCHP) nationwide network of program sites provides low-income families with the necessary skills and tools to ensure their children achieve their greatest potential in school and in life. The National Center assists underserved communities in replicating and expanding PCHPs proven school readiness program that builds early parent-child verbal interaction and learning at home. Together we are strengthening families and communities, and preparing the workforce of the future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,632,548$2,981,887▲ $1,349,339
Savings and Temporary Cash Investments$448,931$403,472▼ $45,459
Cash and Non-Interest-Bearing Accounts$449,535$123,050▼ $326,485
Accounts Receivable$82,734$51,775▼ $30,959
Prepaid Expenses and Deferred Charges$69,667$27,905▼ $41,762
Land, Buildings, and Equipment, Net$4,702$9,755▲ $5,053
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,886,055$3,910,488▲ $1,024,433
Other Assets Total$197,938$312,644▲ $114,706
Liabilities
Accounts Payable and Accrued Expenses$35,069$444,112▲ $409,043
Deferred Revenue$30,000$40,000▲ $10,000
Total Liabilities$65,069$484,112▲ $419,043
Net Assets / Fund Balance
Unrestricted Net Assets$2,253,986$3,230,775▲ $976,789
Temporarily Rstr Net Assets$567,000$195,601▼ $371,399
Total Net Assets Fund Balance$2,820,986$3,426,376▲ $605,390
Total Liabilities and Net Assets / Fund Balance$2,886,055$3,910,488▲ $1,024,433

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,755$71,692$81,447
Other Assets Org$282,856--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah WalzerChief Executive OfficerFT$152,446$6,097$158,543
Anita StewartCDOFT$123,347$5,752$129,099

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
SiegelvisionConsulting9 E 40TH ST, New York, NY 10016$195,000
Revenue and Support

Revenue Composition

Contributions and Grants
$4,409,808
Program Service Revenue
$166,717
Investment Income
$23,594
Other Revenue
$0
All Other Contributions
$4,138,472
Change in Net Assets
$500,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,600,119
Revenue Not Reported on Form 990
$104,990
Total Revenue per Audited Statements
$4,705,109
Total Revenue per Form 990
$4,600,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,910,912
Salaries, Compensation, and Employee Benefits$1,347,055
Other Expenses$841,752
Total Fundraising Expense$39,151
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,910,912--$1,910,912
Other Salaries and Wages$920,917$89,462$26,769$1,037,148
Advertising$215,000--$215,000
Fees for Services Other$135,398$33,526-$168,924
Current Officers, Directors, Trustees, and Key Employees$134,762$23,781-$158,543
Payroll Taxes$83,142$9,946$2,080$95,168
Fees for Services Lobbying$91,336--$91,336
Occupancy$34,114$51,173-$85,287
Depreciation Depletion$78,209$2,447-$80,656
Other Employee Benefits$33,201$3,562$842$37,605
Conferences and Meetings$31,776--$31,776
Travel$23,727-$18$23,745
Pension Plan Contributions$16,414$1,761$416$18,591
Fees for Service Investment Mgmnt Fees-$16,634-$16,634
All Other Expenses$7,815$4,276$4,449$16,540
Other Expenses$1,441$10,190$4,577$11,631
Insurance-$11,620-$11,620
Fees for Services Accounting-$10,000-$10,000
Office Expenses$5,268$3,566-$8,834
Total Functional Expenses$3,762,907$297,661$39,151$4,099,719

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,099,719
Total Expenses per Audited Statements$4,099,719
Total Expenses per Form 990$4,099,719
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Public Health Management PAPhiladelphia, PAGovernment EntityCharitable$937,851
Child Center of New YorkJamaica, NY501(c)(3)Charitable$225,000
SCO Family of ServicesBrooklyn, NYGovernment EntityCharitable$172,000
Brockton Education FoundationBrockton, MA501(c)(3)Charitable$112,500
Catholic Charities OnondagaSyracuse, NY501(c)(3)Charitable$65,411
Somerville Public SchoolsSomerville, MA-Charitable$54,625
Nassau BocesGarden City, NY501(c)(3)Charitable$54,000
Leake and WattsBronx, NYGovernment EntityCharitable$50,000
Family Nurturing Center of MABoston, MA501(c)(3)Charitable$48,300
Jumping Cow PressNew York, NY501(c)(3)Charitable$40,001
Masa NyBronk, NYGovernment EntityCharitable$32,300
Family Services Ass of NE PAWilkesBarre, PA501(c)(3)Charitable$30,000
PACE IncNew Bedford, MA501(c)(3)Charitable$21,000
Medford Public SchoolsMedford, MAGovernment EntityCharitable$18,125
Salem Public SchoolsSalem, MA501(c)(3)Charitable$15,000
Revere Public SchoolsRevere, MAGovernment EntityCharitable$12,950
Leominister Public SchoolsLeominister, MA501(c)(3)Charitable$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$154,111
Fundraising Gross Income$154,111
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Literacy Champion Gala$400,447$154,111$154,111$0
Total Events$400,447$154,111$154,111-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Form 990 is reviewed by the CEO and audit committee. The Form 990 is presented to the full board with opportunity to review and pose questions. The audit committee and executive committee must approve the Form 990 before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All board of directors must sign a conflict on interest agreement annually. The agreement requires immediate written disclosure by directors to the CEO of any relationship or activities that may conflict with the best interest of the organization. If it is determined that such relationships and/or activities do interfere with the goals of the organization, the director in question must immediately excuse himself or herself from the board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

THE CEO's compensation is reviewed and voted on annually by the full board of directors. Staff compensation is reviewed annually by the Board finance committee. During the budget decision making process, board members compare compensation of similar positions as indicated in New York and National survey data and the affect salaries and benefits will have on the estimated annual budget.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents are available upon request from the organization. In addition, tax filings and audited financial statements can be located via the internet on the Parent Child Home Program website.

Filing and Contact Details

Filer

Filer Name
The Parent-Child Home Program Inc
EIN
11-2495601
Phone
5168837480
Address
163B MINEOLA BLVD, MINEOLA, NY 11501

Signing Officer

Name
Sarah E Walzer
Title
CEO
Signed
2019-03-27
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Ny
Voting Board Members
27
Independent Board Members
27
Employees
19
Volunteers
27

Preparer

Firm
Satty Levine & Ciacco CPAs PC
Address
125 Jericho Turnpike Ste 200, Jericho, NY 11753
Preparer
Frank Lou CPA
Phone
5163389500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Parent-Child Home Program, Inc. is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and comparable New York State law. As a not-for-profit organization, the Organization is also exempt from New York State income taxes. The Organization recognizes the effect of tax positions only when they are more likely than not to be sustained. At June 30, 2018, the Organization did not have any unrecognized tax benefits or liabilities. Contributions to it are tax deductible within the limitations prescribed by the code.The Organization's Form 990, Return of Organization Exempt from Income Tax, for the years ending 2017, 2016, and 2015 are subject to examination by the IRS, generally for 3 years after they were filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.3$0.76$9.50$6.89$6.28$0.60
2023Detailed filing. Detailed filing data is available for this year.$9.13$0.61$8.51$10.9$5.63$5.24
2022Detailed filing. Detailed filing data is available for this year.$3.68$0.57$3.11$6.40$5.94$0.45
2021Detailed filing. Detailed filing data is available for this year.$3.69$0.82$2.87$4.92$4.92$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.11$0.58$2.53$4.06$4.96$0.90
2019Summary only. Only limited summary data is available for this year.$3.73$0.31$3.42$3.97$4.09$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.91$0.48$3.43$4.60$4.10$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.89$0.07$2.82$3.44$2.78$0.66
2016Detailed filing. Detailed filing data is available for this year.$2.49$0.39$2.10$2.68$2.62$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.39$0.37$2.02$2.85$2.47$0.38
2014Detailed filing. Detailed filing data is available for this year.$2.39$0.74$1.65$1.96$2.05$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.38$1.70$1.83$1.91$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.32$1.74$1.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.18$0.93$1.35