Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
EIN 20-5630886 • 501(c)3 • California, PA
Profile
To provide quality child care services for parents attending school with the purpose of assisting the parent in completing education required for financial self-sufficiency. The village offers a fully-licensed, national association for the education of young children accredited early childhood education program, before/after school care, and summer camps for children 6 weeks through age 12. In addition to single-parent students attending on scholarship, low income parents receiving child care subsidies and full- tuition paying clients may also participate in the village program. The village recognizes that our services depend on an educated, well- trained professional staff. In order to prepare children for a lifetime of learning, emphasis is placed on social, emotional, physical, and intellectual development. Collaborative efforts with california university of pennsylvania and the local community contribute to the goal of providing the best regional early learning program that respond
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Top officer pay equals 5.3% of source-year revenue.
Asset Growth
80th percentile
Faster asset growth than 80% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Up$2,243,098
Up $405,289 (+22%) from 2023
Liabilities
Up$795,508
Up $174,856 (+28%) from 2023
Net Assets
Up$1,447,590
Up $230,433 (+19%) from 2023
Revenue
Up$1,761,852
Up $260,125 (+17%) from 2023
Expenses
Up$1,531,419
Up $157,470 (+11%) from 2023
Net Income
Up$230,433
Up $102,655 (+80%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To provide high-quality education for children whose parents attend school fulltime with the purpose of assisting the parent in completing education required for financial self-suficiency. The village offers a licensed, national association for the education of young children (naeyc) accredited program for children aged 6 weeks through pre-k. The village also holds the highest pennsylvania keystone star 4 quality rating. Before/after school care and summer day camps for young school-aged children are provided. In addition to single-parent students attending on scholarship, parents receiving subsidies and full-tuition paying clients may also participate in the village program. The village also operates the rutledge institute for early childhood education, which offers preschool and pre-k classes. The rutledge institute is accredited by naeyc and is a keystone star 4 facility. Through a gift to california university of pennsylvania from the rutledge family foundation, qualifying familes
The village provides high-quality early childhood education for children ages six weeks through pre-kindergarten, as well as before, after, and summer care for young school-aged students. The program welcomes families from diverse backgrounds, including single-parent students on scholarships, parents receiving subsidies, and full tuition-paying clients. The village is accredited by the national association for the education of young children (naeyc) and holds the highest keystone star 4 quality rating. The village also operates the rutledge institute for early childhood education, offering preschool and pre-kindergarten classes. As an naeyc- accredited and keystone star 4 facility, the rutledge institute provides state-of-the-art early learning opportunities at no tuition cost to qualifying families, made possible through a generous gift from the rutledge family foundation. The core values of the rutledge institute include: o a secure environment - we ensure a safe and nurturing atmosp
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,635,356 | $1,954,854 | ▲ $319,498 |
| Land, Buildings, and Equipment, Net | $136,623 | $100,380 | ▼ $36,243 |
| Cash and Non-Interest-Bearing Accounts | $29,866 | $68,259 | ▲ $38,393 |
| Prepaid Expenses and Deferred Charges | $12,376 | $12,376 | → $0 |
| Accounts Receivable | $5,129 | $5,238 | ▲ $109 |
| Investments in Publicly Traded Securities | $3,914 | $4,584 | ▲ $670 |
| Total Assets | $1,837,809 | $2,243,098 | ▲ $405,289 |
| Other Assets Total | $14,545 | $97,407 | ▲ $82,862 |
| Liabilities | |||
| Deferred Revenue | $566,081 | $648,031 | ▲ $81,950 |
| Other Liabilities | $14,545 | $97,155 | ▲ $82,610 |
| Accounts Payable and Accrued Expenses | $40,026 | $50,322 | ▲ $10,296 |
| Total Liabilities | $620,652 | $795,508 | ▲ $174,856 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,217,157 | $1,447,590 | ▲ $230,433 |
| Total Net Assets Fund Balance | $1,217,157 | $1,447,590 | ▲ $230,433 |
| Total Liabilities and Net Assets / Fund Balance | $1,837,809 | $2,243,098 | ▲ $405,289 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $64,404 | $88,310 | $152,714 |
| Equipment | $28,426 | $70,900 | $99,326 |
| Other Land Buildings | $7,550 | $19,435 | $26,985 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Cherie Sears | President | FT | $93,504 | $93,504 |
| Ashley Roth | Executive Di | FT | $72,092 | $72,092 |
| Name | Title |
|---|---|
| Nancy Pinardi Ded | Board Chair |
| Andrew Spergel Md | Director |
| Colleen Nowak | Director |
| Diane Nettles Phd | Director |
| Edward Daerr | Director |
| Geraldine Jones | Director |
| Jenifer Sigado | Director |
| Karen Rutledge | Director |
| Louis Panza Jr | Director |
| Marianne Gideon | Director |
| Phillip Giannetti | Director |
| Robert Prah | Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,183,089 |
| Other Expenses | $348,330 |
| Total Fundraising Expense | $19,835 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $871,990 | $185,566 | $16,772 | $1,074,328 |
| Payroll Taxes | $77,260 | $16,441 | $1,486 | $95,187 |
| Occupancy | $35,574 | $1,872 | - | $37,446 |
| Depreciation Depletion | $37,180 | - | - | $37,180 |
| Insurance | $11,714 | $4,137 | $131 | $15,982 |
| Advertising | $15,642 | - | - | $15,642 |
| Pension Plan Contributions | $11,017 | $2,345 | $212 | $13,574 |
| Other Expenses | $10,940 | $861 | $887 | $10,940 |
| Fees for Services Accounting | - | $8,650 | - | $8,650 |
| All Other Expenses | $4,644 | $390 | $347 | $5,381 |
| Fees for Services Legal | - | $2,079 | - | $2,079 |
| Total Functional Expenses | $1,263,253 | $248,331 | $19,835 | $1,531,419 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $15,776 |
| Fundraising Direct Expenses | $15,337 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Shoe Bash | $30,698 | $15,776 | $7,907 | $7,869 |
| Total Events | $30,698 | $15,776 | $15,337 | $439 |
| Liability | Amount |
|---|---|
| Lease Liability | $97,155 |
“Form 990 is reviewed by the president and the board of directors prior to approval and submission of the return.”
“The board has a written procedure in place for determining if a conflict of interest exists as well as for handling the conflict of interest when one is present. The policy is enforced with annual conflict disclosure statements and monitored throughout the year.”
“The administration committee recommends the compensation of the president, and they review the compensation of the director. The committee uses comparable salary data for the area in its determination of compensation. The board of directors approves the final compensation recommendation. The positions are reviewed annually as a part of the budgeting process of the organization.”
“The administration committee recommends the compensation of the president, and they review the compensation of the director. The committee uses comparable salary data for the area in its determination of compensation. The board of directors approves the final compensation recommendation. The positions are reviewed annually as a part of the budgeting process of the organization.”
“Governing documents, all policies, and financial statements are available to the public upon request.”
“The village provides high-quality early childhood education for children ages six weeks through pre-kindergarten, as well as before, after, and summer care for young school-aged students. The program welcomes families from diverse backgrounds, including single-parent students on scholarships, parents receiving subsidies, and full tuition-paying clients. The village is accredited by the national association for the education of young children (naeyc) and holds the highest keystone star 4 quality rating. The village also operates the rutledge institute for early childhood education, offering preschool and pre-kindergarten classes. As an naeyc- accredited and keystone star 4 facility, the rutledge institute provides state-of-the-art early learning opportunities at no tuition cost to qualifying families, made possible through a generous gift from the rutledge family foundation. The core values of the rutledge institute include: o a secure environment - we ensure a safe and nurturing atmosphere where children and staff experience the joy of learning. O excellence - we cultivate strong relationships among our staff, children, families, and the broader community. O gratefulness - we instill a spirit of gratitude and giving in children, encouraging them to help others and express thankfulness. The village recognizes that its success is built upon an educated, well- trained professional staff. Our program emphasizes the social, emotional, physical, and intellectual development of children, preparing them for a lifetime of learning. Through collaborative efforts with pennwest california and community partners, the village is committed to delivering the highest-quality early childhood education and ensuring that all children learn and thrive. Since opening in 2008, thirty-one parents have graduated from college or trade school prepared for professional careers and the village has cared for over 450 children.”
“The organization qualifies as a tax exempt organization under section 501 (c)(3) of the internal revenue code; therefore, no provision for income taxes has been made. Federal taxes on unrelated business income, if applicable, are provided at statutory rates. The organization has been classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in the code. Village of fpc has reviewed the impact of financial accounting standards board (fasb) accounting standards codification (asc) 740 10 accounting for uncertainty in income taxes (formerly fin 48) which clarifies the accounting for uncertainty in income taxes. Asc 740 10 prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The standard also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Management has determined that there are no material uncertain tax positions or unrecognized tax benefits and there is no material impact on the financial statements. In addition, no penalties or interest were recognized on the statements of activities and changes in net assets. The organization's asc 740 10 evaluation was performed for the fiscal years december 31, 2021 through 2024, which are the years that remain subject to examination by the internal revenue service and various state agencies as of december 31, 2024.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 50322 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5129 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5238 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE VILLAGE PROVIDES HIGH-QUALITY EARLY CHILDHOOD EDUCATION FOR CHILDREN AGES SIX WEEKS THROUGH PRE-KINDERGARTEN, AS WELL AS BEFORE, AFTER, AND SUMMER CARE FOR YOUNG SCHOOL-AGED STUDENTS. THE PROGRAM WELCOMES FAMILIES FROM DIVERSE BACKGROUNDS, INCLUDING SINGLE-PARENT STUDENTS ON SCHOLARSHIPS, PARENTS RECEIVING SUBSIDIES, AND FULL TUITION-PAYING CLIENTS. THE VILLAGE IS ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) AND HOLDS THE HIGHEST KEYSTONE STAR 4 QUALITY RATING. THE VILLAGE ALSO OPERATES THE RUTLEDGE INSTITUTE FOR EARLY CHILDHOOD EDUCATION, OFFERING PRESCHOOL AND PRE-KINDERGARTEN CLASSES. AS AN NAEYC- ACCREDITED AND KEYSTONE STAR 4 FACILITY, THE RUTLEDGE INSTITUTE PROVIDES STATE-OF-THE-ART EARLY LEARNING OPPORTUNITIES AT NO TUITION COST TO QUALIFYING FAMILIES, MADE POSSIBLE THROUGH A GENEROUS GIFT FROM THE RUTLEDGE FAMILY FOUNDATION. THE CORE VALUES OF THE RUTLEDGE INSTITUTE INCLUDE: O A SECURE ENVIRONMENT - WE ENSURE A SAFE AND NURTURING ATMOSP |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 15642 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 15642 |
| IRS990/AllOtherContributionsAmt | 0 | 334633 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 347 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 390 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 4644 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5381 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CHERIE SEARS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7243305525 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 408 LIBERTY STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CALIFORNIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 68259 |
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| IRS990/CompensationProcessOtherInd | 0 | true |
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| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
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| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherRevenueAmt | 0 | 1240 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 230433 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1183089 |
| IRS990/CYTotalExpensesAmt | 0 | 1531419 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 19835 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
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| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 648031 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 37180 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 37180 |
| IRS990/Desc | 0 | THE PRIMARY FOCUS OF THE VILLAGE OF FPC IS TO PROVIDE QUALITY DAYCARE AND PRESCHOOL SERVICES TO CHILDREN IN SOUTHWESTERN PENNSYLVANIA. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 58 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1263253 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8650 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2079 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2079 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GERALDINE JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DIANE NETTLES PHD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | COLLEEN NOWAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LOUIS PANZA JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | NANCY PINARDI DED |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KAREN RUTLEDGE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingAmt | 0 | 14922 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 15337 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 15776 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -66 |
| IRS990/GamingActivitiesInd | 0 | false |
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| IRS990/MissionDesc | 0 | THE VILLAGE PROVIDES HIGH-QUALITY EARLY CHILDHOOD EDUCATION FOR CHILDREN AGES SIX WEEKS THROUGH PRE-KINDERGARTEN, AS WELL AS BEFORE, AFTER, AND SUMMER CARE FOR YOUNG SCHOOL-AGED STUDENTS. THE PROGRAM WELCOMES FAMILIES FROM DIVERSE BACKGROUNDS, INCLUDING SINGLE-PARENT STUDENTS ON SCHOLARSHIPS, PARENTS RECEIVING SUBSIDIES, AND FULL TUITION-PAYING CLIENTS. THE VILLAGE IS ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) AND HOLDS THE HIGHEST KEYSTONE STAR 4 QUALITY RATING. THE VILLAGE ALSO OPERATES THE RUTLEDGE INSTITUTE FOR EARLY CHILDHOOD EDUCATION, OFFERING PRESCHOOL AND PRE-KINDERGARTEN CLASSES. AS AN NAEYC- ACCREDITED AND KEYSTONE STAR 4 FACILITY, THE RUTLEDGE INSTITUTE PROVIDES STATE-OF-THE-ART EARLY LEARNING OPPORTUNITIES AT NO TUITION COST TO QUALIFYING FAMILIES, MADE POSSIBLE THROUGH A GENEROUS GIFT FROM THE RUTLEDGE FAMILY FOUNDATION. THE CORE VALUES OF THE RUTLEDGE INSTITUTE INCLUDE: O A SECURE ENVIRONMENT - WE ENSURE A SAFE AND NURTURING ATMOSP |
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| IRS990/OtherExpensesGrp/Desc | 3 | STAFF DEVELOPMENT |
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| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17211 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 10940 |
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| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 16441 |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 95187 |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 12376 |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 624410 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM SERVICE REVENUE |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1355985 |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME 95,785 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | GROSS INCOME FROM FUNDRAISING. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | SUPPLEMENTAL INFORMATION |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. FEDERAL TAXES ON UNRELATED BUSINESS INCOME, IF APPLICABLE, ARE PROVIDED AT STATUTORY RATES. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN THE CODE. VILLAGE OF FPC HAS REVIEWED THE IMPACT OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740 10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FORMERLY FIN 48) WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740 10 PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE STANDARD ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS AND THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. IN ADDITION, NO PENALTIES OR INTEREST WERE RECOGNIZED ON THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THE ORGANIZATION'S ASC 740 10 EVALUATION WAS PERFORMED FOR THE FISCAL YEARS DECEMBER 31, 2021 THROUGH 2024, WHICH ARE THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND VARIOUS STATE AGENCIES AS OF DECEMBER 31, 2024. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE VILLAGE PROVIDES HIGH-QUALITY EARLY CHILDHOOD EDUCATION FOR CHILDREN AGES SIX WEEKS THROUGH PRE-KINDERGARTEN, AS WELL AS BEFORE, AFTER, AND SUMMER CARE FOR YOUNG SCHOOL-AGED STUDENTS. THE PROGRAM WELCOMES FAMILIES FROM DIVERSE BACKGROUNDS, INCLUDING SINGLE-PARENT STUDENTS ON SCHOLARSHIPS, PARENTS RECEIVING SUBSIDIES, AND FULL TUITION-PAYING CLIENTS. THE VILLAGE IS ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) AND HOLDS THE HIGHEST KEYSTONE STAR 4 QUALITY RATING. THE VILLAGE ALSO OPERATES THE RUTLEDGE INSTITUTE FOR EARLY CHILDHOOD EDUCATION, OFFERING PRESCHOOL AND PRE-KINDERGARTEN CLASSES. AS AN NAEYC- ACCREDITED AND KEYSTONE STAR 4 FACILITY, THE RUTLEDGE INSTITUTE PROVIDES STATE-OF-THE-ART EARLY LEARNING OPPORTUNITIES AT NO TUITION COST TO QUALIFYING FAMILIES, MADE POSSIBLE THROUGH A GENEROUS GIFT FROM THE RUTLEDGE FAMILY FOUNDATION. THE CORE VALUES OF THE RUTLEDGE INSTITUTE INCLUDE: O A SECURE ENVIRONMENT - WE ENSURE A SAFE AND NURTURING ATMOSPHERE WHERE CHILDREN AND STAFF EXPERIENCE THE JOY OF LEARNING. O EXCELLENCE - WE CULTIVATE STRONG RELATIONSHIPS AMONG OUR STAFF, CHILDREN, FAMILIES, AND THE BROADER COMMUNITY. O GRATEFULNESS - WE INSTILL A SPIRIT OF GRATITUDE AND GIVING IN CHILDREN, ENCOURAGING THEM TO HELP OTHERS AND EXPRESS THANKFULNESS. THE VILLAGE RECOGNIZES THAT ITS SUCCESS IS BUILT UPON AN EDUCATED, WELL- TRAINED PROFESSIONAL STAFF. OUR PROGRAM EMPHASIZES THE SOCIAL, EMOTIONAL, PHYSICAL, AND INTELLECTUAL DEVELOPMENT OF CHILDREN, PREPARING THEM FOR A LIFETIME OF LEARNING. THROUGH COLLABORATIVE EFFORTS WITH PENNWEST CALIFORNIA AND COMMUNITY PARTNERS, THE VILLAGE IS COMMITTED TO DELIVERING THE HIGHEST-QUALITY EARLY CHILDHOOD EDUCATION AND ENSURING THAT ALL CHILDREN LEARN AND THRIVE. SINCE OPENING IN 2008, THIRTY-ONE PARENTS HAVE GRADUATED FROM COLLEGE OR TRADE SCHOOL PREPARED FOR PROFESSIONAL CAREERS AND THE VILLAGE HAS CARED FOR OVER 450 CHILDREN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS REVIEWED BY THE PRESIDENT AND THE BOARD OF DIRECTORS PRIOR TO APPROVAL AND SUBMISSION OF THE RETURN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD HAS A WRITTEN PROCEDURE IN PLACE FOR DETERMINING IF A CONFLICT OF INTEREST EXISTS AS WELL AS FOR HANDLING THE CONFLICT OF INTEREST WHEN ONE IS PRESENT. THE POLICY IS ENFORCED WITH ANNUAL CONFLICT DISCLOSURE STATEMENTS AND MONITORED THROUGHOUT THE YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ADMINISTRATION COMMITTEE RECOMMENDS THE COMPENSATION OF THE PRESIDENT, AND THEY REVIEW THE COMPENSATION OF THE DIRECTOR. THE COMMITTEE USES COMPARABLE SALARY DATA FOR THE AREA IN ITS DETERMINATION OF COMPENSATION. THE BOARD OF DIRECTORS APPROVES THE FINAL COMPENSATION RECOMMENDATION. THE POSITIONS ARE REVIEWED ANNUALLY AS A PART OF THE BUDGETING PROCESS OF THE ORGANIZATION. |
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