Civic Intelligence

Collier Child Care Resources Inc

990 • Fiscal year 2023 • EIN 26-2646032

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 15, 2024

15275 Collier Blvd 201-359Naples, FL 34119

(239) 643-3908

Siviq Scores

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

Liabilities / Assets

65th percentile

0.17x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

74th percentile

$117,527

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

91st percentile

63%

Faster asset growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,496,525

Up $965,225 (+63%) from 2022

Net Assets

Up

$2,069,935

Up $989,836 (+92%) from 2022

Liabilities

Down

$426,590

Down $24,611 (-5.5%) from 2022

Revenue

Up

$4,008,030

Up $522,634 (+15%) from 2022

Expenses

Down

$3,017,420

Down $277,042 (-8.4%) from 2022

Net Income

Up

$990,610

Up $799,676 (+419%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $494,248Liabilities 2011: $50,827Net Assets 2011: $443,4212011Assets 2013: $540,809Liabilities 2013: $56,879Net Assets 2013: $483,9302013Assets 2014: $544,823Liabilities 2014: $48,028Net Assets 2014: $496,7952014Assets 2015: $594,391Liabilities 2015: $55,760Net Assets 2015: $538,6312015Assets 2016: $1,210,845Liabilities 2016: $547,512Net Assets 2016: $663,3332016Assets 2017: $1,126,535Liabilities 2017: $538,123Net Assets 2017: $588,4122017Assets 2018: $1,130,012Liabilities 2018: $532,575Net Assets 2018: $597,4372018Assets 2020: $1,429,891Liabilities 2020: $860,989Net Assets 2020: $568,9022020Assets 2021: $1,755,615Liabilities 2021: $864,571Net Assets 2021: $891,0442021Assets 2022: $1,531,300Liabilities 2022: $451,201Net Assets 2022: $1,080,0992022Assets 2023: $2,496,525Liabilities 2023: $426,590Net Assets 2023: $2,069,9352023

Highlighted filing

2023

Assets$2,496,525
Liabilities$426,590
Net Assets$2,069,935

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,606,5592011Expenses 2013: $1,864,9022013Revenue 2014: $1,966,802Expenses 2014: $1,953,937Net Income 2014: $12,8652014Revenue 2015: $1,968,551Expenses 2015: $1,926,715Net Income 2015: $41,8362015Revenue 2016: $2,260,381Expenses 2016: $2,136,126Net Income 2016: $124,2552016Revenue 2017: $2,169,846Expenses 2017: $2,252,799Net Income 2017: -$82,9532017Revenue 2018: $2,533,835Expenses 2018: $2,525,257Net Income 2018: $8,5782018Revenue 2020: $2,447,020Expenses 2020: $2,633,319Net Income 2020: -$186,2992020Revenue 2021: $3,096,027Expenses 2021: $2,778,242Net Income 2021: $317,7852021Revenue 2022: $3,485,396Expenses 2022: $3,294,462Net Income 2022: $190,9342022Revenue 2023: $4,008,030Expenses 2023: $3,017,420Net Income 2023: $990,6102023

Highlighted filing

2023

Revenue$4,008,030
Expenses$3,017,420
Net Income$990,610
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 15, 2024
Return Version
2022v5.0
Gross Receipts
$4,092,738
Mission and Program Overview

Mission

Child's path strengthens and enriches the lives of underserved children and families in collier county through high quality early childhood education. 1 - provide scholarships for children ages birth to 5 years old to ensure access and school readiness. 2 - emphasize the arts and nature through experimental learning. 3 - encourage children's innate ability to develop cognitive, physical and social-emotional skills. 4 - engage families to assure their children's future success. Our vision is to inspire children's love for lifelong learning.

Childs path strengthens and enriches the lives of working families and underserved children in collier county through high-quality early childhood education. 1. Provides tuition-assistance for children aged birth to 5 years old to ensure access to safe, affordable, high-quality, early childhood education thereby ensuring school readiness. 2. Emphasizes the arts and nature through experiential child-directed learning. 3. Encourages childrens innate ability to develop cognitive, physical and social-emotional skills. 4. Engages families to assure their childrens future of lifelong learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$102,776$1,051,491▲ $948,715
Savings and Temporary Cash Investments$727,886$723,040▼ $4,846
Land, Buildings, and Equipment, Net$662,849$684,708▲ $21,859
Prepaid Expenses and Deferred Charges$22,490$21,823▼ $667
Investments in Publicly Traded Securities$14,400$14,564▲ $164
Total Assets$1,531,300$2,496,525▲ $965,225
Other Assets Total$899$899→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$375,315$355,676▼ $19,639
Accounts Payable and Accrued Expenses$63,395$69,205▲ $5,810
Deferred Revenue$5,000--
Other Liabilities$7,491$1,709▼ $5,782
Total Liabilities$451,201$426,590▼ $24,611
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,052,061$2,069,935▲ $1,017,874
Net Assets With Donor Restrictions$28,038--
Total Net Assets Fund Balance$1,080,099$2,069,935▲ $989,836
Total Liabilities and Net Assets / Fund Balance$1,531,300$2,496,525▲ $965,225

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$478,853$98,358$577,211
Other Land Buildings$107,099$86,794$193,893
Land$86,700-$86,700
Equipment$12,056$14,598$26,654

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$13,196-▲ $1,533-$14,623
2021$15,851-▼ $2,529-$13,196
2020$11,492-▲ $4,460-$15,851
2019$11,498-▲ $86-$11,492
2018$11,045-▲ $540-$11,498
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather SingletonExecutive DiFT$114,660$2,867$117,527
Michele GoguenCFOFT$87,687-$87,687

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,610,881
Program Service Revenue
$2,328,132
Investment Income
$6,708
Other Revenue
$62,309
All Other Contributions
$1,450,487
Change in Net Assets
$990,610

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$23,303Fair Market Value (FMV)
Other Non Cash Contri Table9$20,165Fair Market Value (FMV)
Total Noncash Contributions10$43,468-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,008,030
Revenue Not Reported on Form 990
$1,088,828
Total Revenue per Audited Statements
$5,096,858
Total Revenue per Form 990
$4,008,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,386,959
Grants and Similar Amounts Paid$343,150
Salaries, Compensation, and Employee Benefits$287,311
Total Fundraising Expense$40,725
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,580,120$149,260$32,087$1,761,467
Grants to Domestic Individuals$343,150--$343,150
Current Officers, Directors, Trustees, and Key Employees$201,275$6,357$4,261$211,893
Office Expenses$34,540$103,376-$137,916
Other Employee Benefits$71,638$2,263$1,517$75,418
Occupancy$42,026$24,681-$66,707
Depreciation Depletion$37,716$1,572-$39,288
Insurance$24,642$5,409-$30,051
Interest$14,829--$14,829
Advertising$942$8,479-$9,421
Other Expenses$134,867$5,687$2,860$2,860
Total Functional Expenses$2,669,611$307,084$40,725$3,017,420

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,107,022
Expenses per Audited Statements$3,017,420
Total Expenses per Form 990$3,017,420
Expenses Not Reported on Form 990$1,089,602
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$84,708
Fundraising Gross Income$55,814
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Casino Royale$202,458$55,814$35,757$20,057
Total Events$202,458$55,814$84,708$-28,894
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sr Match Program Payable$1,706
Rounding$3
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
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, Page 6, Part VI, Line 11B

The form 990 is made available to all members of the audit & finance committee and the board of directors for review prior to it being filed with the irs

Form 990, Page 6, Part VI, Line 12C

No contract or transaction between child's path and one or more of its members, board of directors, or officers, or between the agency and any other organization in which one or more of its members, directors, or officers are members, directors or officers, or a financial interest, shall be void or voidable solely for reason, or solely because the member, director, or officer is present at or participates in the meeting of the board or committee which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose if: a. The fact of such relationship or interest is disclosed or known to the board or the committee which authorizes the contract or transaction by a vote or consent sufficient for the purpose without counting the votes or consents of such interested directors: and, b.the contract or transaction is fair and reasonable as to the agency as of the time it is authorized by the board of directors or a committee. Common or interested board of directors members may be counted in determining the presence of a quorum at a meeting of the board or a committee which authorizes, approves, or rectifies such contract or transaction.

Form 990, Page 6, Part VI, Line 15A

The child's path board of directors conduct an evaluation of the chief executive officer at the end of each fiscal year, usually in june. Based on the evaluation, the board of directors determines whether to increase the ceo's compensation. The ceo's base salary is determined based on published data listing average nonprofit ceo/executive director salaries collected by candid guidestar.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request and a copy of the 990 is available on guidestar.

Filing and Contact Details

Filer

Filer Name
CHILD'S PATH INC
EIN
26-2646032
Phone
2396433908
Address
15275 COLLIER BLVD 201-359, NAPLES, FL 34119

Signing Officer

Name
Russell Beckner
Title
Chair
Phone
2396433908
Signed
2024-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell Beckner
Formed
2008
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
125

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
Marc Whitfield CPA
Phone
2394331002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Childs path strengthens and enriches the lives of working families and underserved children in collier county through high-quality early childhood education. 1. Provides tuition-assistance for children aged birth to 5 years old to ensure access to safe, affordable, high-quality, early childhood education thereby ensuring school readiness. 2. Emphasizes the arts and nature through experiential child-directed learning. 3. Encourages childrens innate ability to develop cognitive, physical and social-emotional skills. 4. Engages families to assure their childrens future of lifelong learning.

Form 990

Child's path uses learning practices inspired by the reggio emilia approach - a project-based philosophy and creative curriculum that is flexible and emerges from children's ideas, thoughts, questions and observations. This philosophy and curriculum supports the belief that children are full of potential and that their natural curiosity will lead their learning. Children are encouraged to engage and work with their peers to achieve common goals and develop confidence as they learn at their own pace. Learning goals are based on each child's individual interests and the teachers serve as partners and collaborators. Learning is active and engaging, as opposed to rote and teacher driven. Reggio and creative curriculum-inspired learning views young children as individuals who are curious about their world and have the powerful potential to learn from all that surrounds them. Education, psychological and sociological influences are important factors to consider in understanding children and working to stimulate and enhance learning in appropriate ways. Resources are required to ensure the learning environment is warm, nurturing, healthy, safe, art-based, nature-inspired and flexible, as it promotes creativity, problem solving and engaged learning. Additionally, child's path utilizes conscious discipline, which is a social-emotional learning curriculum that is nationally recognized and evidence based. Conscious discipline assists children in cultivating conflict resolution and problem-solving skills, managing feelings and behaviors, building positive relationships and prevent bullying. Creating caring, cooperative classrooms teaches children to make healthy choices and builds authentic family partnerships. Child's path uses a peo for payroll purposes. Childs path santa barbara and moorings centers have been accredited through the national accreditation commission of the association for early learning leaders since 2020. This accreditation holds childs path to the highest of quality and safety standards in early education. Child's path has recognized the importance of teaching our children the critical skills to overcome trauma and build resiliency. We have successfully sought funding and implemented our bright path resiliency program which builds these skills in our classroom families on a daily basis through classroon activities, community partnerships, teacher training and specific classroom materials. We use a variety of techniques including developing "safe places- and "deep brathing" to reinforce these skills.

Form 990, Page 1, Part I, Line 6

Volunteers are an asset in our classrooms to provide one-on-one support to children or assistance to the teachers. During the 2022/23 year we allocated 22,305 to volunteer in-kind contributions. Some of the support volunteers provided during the year include delivery of virtual story time, music and art programs and yoga for our 4 centers. Additionally, six weeks of virtual positive parenting trainings were offered to all families that attended our centers. Volunteers also provide valuable services as members of our board of directors and various committees. The committees in operation during the 2022/23 year included the marketing & development committee, the audit and finaince committee, the buildings and facilities committee, the executive committee and the governance committee.

Form 990, Page 2, Part III, Line 4A

Child's path golden gate high school and child's path immokalee high school- our golden gate and immokalee high school centers provide high-quality early childhood educational programing to the children of teen parents enrolled in the teenagers as parents program (tapp) at both high schools. As in all of our programs, we also offer parent education and mentoring to our teen parents. This allows the teen parents to focus on graduating from high school and consider a post-secondary education option for a successful future. They can focus on their studies knowing that their children are in a safe, nurturing, learning environment. These two centers serve children age two weeks to five years old and also provide early childhood education for the children of collier county public school system employees. We follow the collier schools academic calendar at these programs and are only open during the academic calendar, mid-august through early june. Child's path did not renew the contract with collier county public schools to administer the tapp at both schools after june 2023. There have been significant increases in operating costs over the past few years and child's path was not able to successfully re-negotiate the contract to better cover the operating costs and therefore did not renew the contract. Child's path moorings and santa barbara during the 2022-2023 school year, our moorings center served an unduplicated total of 74 children and our santa barbara program served 165 unduplicated children. Both centers provided scholarship assistance to over 75% of the children enrolled supporting children from low income working families. All of the children in both programs improved thier cognitive, social and emotional developmental milestones as measured by pre/post scores.

Form 990, Part IX, Line 11G

Professional fees 0 8,469 0 contract services 64,576 92,927 0 leased employee expense 2,437,607 76,986 51,609 payroll processing fees 37,505 1,184 794 less erc -959,568 -30,306 -20,316 total 1,580,120 149,260 32,087

Form 990, Part XI, Line 9

Fundraising expenses 57,107 erc included on part ix line 11g 1,010,190 fundraising expenses -57,107 erc included on part ix line 11g -1,010,190

Financial Statement Notes

Schedule D, Page 3, Part X

The internal revenue service has determined that the organization is exempt from federal income taxes under section 501(c)3 of the internal revenue code. The organization is a not-for-profit florida corporation and therefore is not subject to state income tax taxes. The internal revenue code provides for taxation of unrelated business income under certain circumstances. The organization reports no unrelated business taxable income, however, such status is subject to final determination upon examination of the related tax returns by the appropriate taxing authorities. The organization's tax filings are subject to audit by various taxing authorities. Certain income tax returns filed by the organization remain open to examination by these government agencies. The organization follows asc topic 740, "income taxes" in accounting for uncertain tax positions. The organization has evaluated its tax positions and any estimates utilized in its tax returns, and concluded that the organization has taken no uncertain tax positions that require adjustments to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertain tax positions will be recognized in income tax expense, if required.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 57,107 erc included on part ix line 11g 1,010,190

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 57,107 erc included on part ix line 11g 1,010,190

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IRS990/ActivityOrMissionDesc0CHILDS PATH STRENGTHENS AND ENRICHES THE LIVES OF WORKING FAMILIES AND UNDERSERVED CHILDREN IN COLLIER COUNTY THROUGH HIGH-QUALITY EARLY CHILDHOOD EDUCATION. 1. PROVIDES TUITION-ASSISTANCE FOR CHILDREN AGED BIRTH TO 5 YEARS OLD TO ENSURE ACCESS TO SAFE, AFFORDABLE, HIGH-QUALITY, EARLY CHILDHOOD EDUCATION THEREBY ENSURING SCHOOL READINESS. 2. EMPHASIZES THE ARTS AND NATURE THROUGH EXPERIENTIAL CHILD-DIRECTED LEARNING. 3. ENCOURAGES CHILDRENS INNATE ABILITY TO DEVELOP COGNITIVE, PHYSICAL AND SOCIAL-EMOTIONAL SKILLS. 4. ENGAGES FAMILIES TO ASSURE THEIR CHILDRENS FUTURE OF LIFELONG LEARNING.
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IRS990/Desc0CHILD'S PATH GOLDEN GATE HIGH SCHOOL AND CHILD'S PATH IMMOKALEE HIGH SCHOOL- OUR GOLDEN GATE AND IMMOKALEE HIGH SCHOOL CENTERS PROVIDE HIGH-QUALITY EARLY CHILDHOOD EDUCATIONAL PROGRAMING TO THE CHILDREN OF TEEN PARENTS ENROLLED IN THE TEENAGERS AS PARENTS PROGRAM (TAPP) AT BOTH HIGH SCHOOLS. AS IN ALL OF OUR PROGRAMS, WE ALSO OFFER PARENT EDUCATION AND MENTORING TO OUR TEEN PARENTS. THIS ALLOWS THE TEEN PARENTS TO FOCUS ON GRADUATING FROM HIGH SCHOOL AND CONSIDER A POST-SECONDARY EDUCATION OPTION FOR A SUCCESSFUL FUTURE. THEY CAN FOCUS ON THEIR STUDIES KNOWING THAT THEIR CHILDREN ARE IN A SAFE, NURTURING, LEARNING ENVIRONMENT. THESE TWO CENTERS SERVE CHILDREN AGE TWO WEEKS TO FIVE YEARS OLD AND ALSO PROVIDE EARLY CHILDHOOD EDUCATION FOR THE CHILDREN OF COLLIER COUNTY PUBLIC SCHOOL SYSTEM EMPLOYEES. WE FOLLOW THE COLLIER SCHOOLS ACADEMIC CALENDAR AT THESE PROGRAMS AND ARE ONLY OPEN DURING THE ACADEMIC CALENDAR, MID-AUGUST THROUGH EARLY JUNE. CHILD'S PATH DID NOT RENEW THE CONTRACT WITH COLLIER COUNTY PUBLIC SCHOOLS TO ADMINISTER THE TAPP AT BOTH SCHOOLS AFTER JUNE 2023. THERE HAVE BEEN SIGNIFICANT INCREASES IN OPERATING COSTS OVER THE PAST FEW YEARS AND CHILD'S PATH WAS NOT ABLE TO SUCCESSFULLY RE-NEGOTIATE THE CONTRACT TO BETTER COVER THE OPERATING COSTS AND THEREFORE DID NOT RENEW THE CONTRACT. CHILD'S PATH MOORINGS AND SANTA BARBARA DURING THE 2022-2023 SCHOOL YEAR, OUR MOORINGS CENTER SERVED AN UNDUPLICATED TOTAL OF 74 CHILDREN AND OUR SANTA BARBARA PROGRAM SERVED 165 UNDUPLICATED CHILDREN. BOTH CENTERS PROVIDED SCHOLARSHIP ASSISTANCE TO OVER 75% OF THE CHILDREN ENROLLED SUPPORTING CHILDREN FROM LOW INCOME WORKING FAMILIES. ALL OF THE CHILDREN IN BOTH PROGRAMS IMPROVED THIER COGNITIVE, SOCIAL AND EMOTIONAL DEVELOPMENTAL MILESTONES AS MEASURED BY PRE/POST SCORES.
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