Civic Intelligence

A Precious Child Inc.

990 • Fiscal year 2018 • EIN 26-3349334

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

7051 W 118th AvenueBroomfield, CO 80020

(303) 466-4272

Siviq Scores

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

Liabilities / Assets

58th percentile

0.29x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

35th percentile

0.13x

Higher debt load relative to revenue than 35% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

13th percentile

$11,538

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

99th percentile

428%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

47%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$7,786,964

Up $6,312,595 (+428%) from 2017

Net Assets

Up

$5,511,282

Up $4,069,199 (+282%) from 2017

Liabilities

Up

$2,275,682

Up $2,243,396 (+6949%) from 2017

Revenue

Up

$17,760,456

Up $5,657,736 (+47%) from 2017

Expenses

Up

$13,678,571

Up $1,786,597 (+15%) from 2017

Net Income

Up

$4,081,885

Up $3,871,139 (+1837%) 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 2010: $167,171Liabilities 2010: $2,435Net Assets 2010: $164,7362010Assets 2011: $273,603Liabilities 2011: $5,788Net Assets 2011: $267,8152011Assets 2012: $252,310Liabilities 2012: $11,556Net Assets 2012: $240,7542012Assets 2013: $545,641Liabilities 2013: $22,680Net Assets 2013: $522,9612013Assets 2014: $926,335Liabilities 2014: $42,620Net Assets 2014: $883,7152014Assets 2015: $1,557,046Liabilities 2015: $42,661Net Assets 2015: $1,514,3852015Assets 2016: $1,257,733Liabilities 2016: $27,025Net Assets 2016: $1,230,7082016Assets 2017: $1,474,369Liabilities 2017: $32,286Net Assets 2017: $1,442,0832017Assets 2018: $7,786,964Liabilities 2018: $2,275,682Net Assets 2018: $5,511,2822018Assets 2019: $10,277,120Liabilities 2019: $3,958,105Net Assets 2019: $6,319,0152019Assets 2020: $10,917,560Liabilities 2020: $4,185,032Net Assets 2020: $6,732,5282020Assets 2021: $10,651,409Liabilities 2021: $4,136,723Net Assets 2021: $6,514,6862021Assets 2022: $12,860,285Liabilities 2022: $4,753,473Net Assets 2022: $8,106,8122022Assets 2023: $12,054,812Liabilities 2023: $4,834,612Net Assets 2023: $7,220,2002023Assets 2024: $10,984,322Liabilities 2024: $4,509,762Net Assets 2024: $6,474,5602024

Highlighted filing

2018

Assets$7,786,964
Liabilities$2,275,682
Net Assets$5,511,282

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $882,5332010Expenses 2011: $1,411,2502011Expenses 2012: $2,164,9292012Revenue 2013: $3,566,310Expenses 2013: $3,280,093Net Income 2013: $286,2172013Revenue 2014: $4,590,951Expenses 2014: $4,212,994Net Income 2014: $377,9572014Revenue 2015: $6,363,322Expenses 2015: $5,732,652Net Income 2015: $630,6702015Revenue 2016: $8,267,435Expenses 2016: $8,551,112Net Income 2016: -$283,6772016Revenue 2017: $12,102,720Expenses 2017: $11,891,974Net Income 2017: $210,7462017Revenue 2018: $17,760,456Expenses 2018: $13,678,571Net Income 2018: $4,081,8852018Revenue 2019: $18,631,051Expenses 2019: $17,827,113Net Income 2019: $803,9382019Revenue 2020: $11,680,082Expenses 2020: $11,267,841Net Income 2020: $412,2412020Revenue 2021: $12,095,666Expenses 2021: $12,333,472Net Income 2021: -$237,8062021Revenue 2022: $20,220,252Expenses 2022: $19,467,455Net Income 2022: $752,7972022Revenue 2023: $15,296,294Expenses 2023: $16,211,489Net Income 2023: -$915,1952023Revenue 2024: $15,927,172Expenses 2024: $16,764,424Net Income 2024: -$837,2522024

Highlighted filing

2018

Revenue$17,760,456
Expenses$13,678,571
Net Income$4,081,885
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$17,989,338
Mission and Program Overview

Mission

A Precious Child provides children in need with opportunities and resources to empower them to achieve their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$44,710$3,727,222▲ $3,682,512
Inventories for Sale or Use$361,481$2,563,184▲ $2,201,703
Cash and Non-Interest-Bearing Accounts$943,303$1,120,263▲ $176,960
Pledges and Grants Receivable$52,889$307,875▲ $254,986
Prepaid Expenses and Deferred Charges$53,327$50,422▼ $2,905
Investments in Publicly Traded Securities$18,659$17,998▼ $661
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$1,474,369$7,786,964▲ $6,312,595
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$2,250,000▲ $2,250,000
Accounts Payable and Accrued Expenses$32,286$25,682▼ $6,604
Other Liabilities$0$0→ $0
Total Liabilities$32,286$2,275,682▲ $2,243,396
Net Assets / Fund Balance
Unrestricted Net Assets$1,313,299$3,609,083▲ $2,295,784
Temporarily Rstr Net Assets$128,784$1,902,199▲ $1,773,415
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,442,083$5,511,282▲ $4,069,199
Total Liabilities and Net Assets / Fund Balance$1,474,369$7,786,964▲ $6,312,595

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,220,240$44,031$2,264,271
Land$1,470,000-$1,470,000
Other Land Buildings$18,561$18,431$36,992
Equipment$18,421$4,605$23,026
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-Founder/CEOFT$11,538$11,538

Board Members and Trustees

NameTitle
-Chair
-Vice Chair
-Director
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Painter & Associates LLCDevelopment285 Centennial Drive, Louisville, CO 80027$112,962
Revenue and Support

Revenue Composition

Contributions and Grants
$17,843,857
Program Service Revenue
$0
Investment Income
$63,778
Other Revenue
$-147,179
All Other Contributions
$17,057,445
Change in Net Assets
$4,081,885

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
Clothing and Household Goods-$12,406,485Market value
Other Non Cash Contri Table47,416$789,439Market value
Other Non Cash Contri Table16,198$605,948Market value
Total Noncash Contributions63,614$13,801,872-

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,760,456
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$334,826
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$18,095,282
Total Revenue per Form 990
$17,760,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,501,205
Salaries, Compensation, and Employee Benefits$995,401
Total Fundraising Expense$664,470
Professional Fundraising Fees$112,962
Grants and Similar Amounts Paid$69,003

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$551,922$123,142$187,583$862,647
Occupancy$158,080$23,029$128,133$309,242
Office Expenses$65,426$21,661$41,064$128,151
Fees for Services Professional Fundraising--$112,962$112,962
Payroll Taxes$46,766$10,055$15,535$72,356
Grants to Domestic Individuals$69,003--$69,003
Interest--$60,054$60,054
Advertising$22,131$1,148$35,458$58,737
Depreciation Depletion$32,021$3,036$16,702$51,759
Other Employee Benefits$27,705$5,660$15,496$48,861
Information Technology$28,865$1,795$10,214$40,874
Insurance$18,812$2,041$16,239$37,092
All Other Expenses$4,731$3,005$11,373$19,109
Other Expenses$4,773$847$7,324$12,944
Current Officers, Directors, Trustees, and Key Employees$6,527$1,456$3,554$11,537
Fees for Services Other$6,876$2,457$813$10,146
Conferences and Meetings$21-$22$43
Total Functional Expenses$12,809,537$204,564$664,470$13,678,571

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,014,058
Expenses per Audited Statements$13,678,571
Total Expenses per Form 990$13,678,571
Expenses Not Reported on Form 990$335,487
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$228,882
Professional Fundraising Fees$112,962
Fundraising Gross Income$81,703

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Broomfield Heroes Luncheon$141,022$0$20,431$-20,431
Gala$481,242$62,352$154,308$-91,956
Total Events$767,025$81,703$228,882$-147,179
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
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
No
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 Review of form 990 by governing body

Before filing the 990 it is reviewed by the ceo and vice president of finance & human resources and then forwarded to the executive committee of the board of directors for their final review and approval. A copy is provided to the entire board of directors. Once officially approved, it is filed with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Inquiries are made at board meetings to ensure that every member is in compliance with the conflict of interest policy. Transactions with a potential conflict of interest are identified by the ceo and vp of finance as transactions are approved. Any potential or actual conflict would be discussed by executive staff and the board of directors and legal counsel would be obtained if deemed necessary. Members of the board of directors are covered under the policy. Determination of whether a conflict exists, and actual conflicts are reviewed by executive staff, and the board of directors . A person with a potential conflict could participate in deliberations but would be excluded from discussions and/or voting where a final determination would be made.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The organization determines employee compensation by looking at market comparisons, budget allowances and performance reviews. A committee made up of members of the board of directors determined the ceo's compensation using the process described. The process was undertaken in the month prior to when our ceo first began taking a salary, which was in november 2018.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The board reviews the compensation of all other officers and key employees. The organization determines employee compensation by looking at market comparisons, budget allowances and performance reviews. This process is used to establish compensation for all paid staff positions in may of each year. This process was last undertaken in may 2019.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its governing documents, conflict of interest policy and financial information available to the public upon request.

Filing and Contact Details

Filer

Filer Name
A Precious Child Inc
EIN
26-3349334
Phone
3034664272
Address
7051 W 118th Avenue, Broomfield, CO 80020

Signing Officer

Name
Carina Martin
Title
CEO
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
11
Employees
45
Volunteers
6,689

Preparer

Firm
Crowe Llp
Address
1801 California Street Suite 2200, Denver, CO 80202-2635
Preparer
Shelley A Owens CPA
Phone
3038315000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 1,222,956 including grants of $ 69,003) GiveSports (includes grants of $69,003), The Learning Center, Precious Gift, GiveArts, and Edussentials.

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

Endowment assets are comprised of assets of donor-restricted funds that the organization must hold in perpetuity.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization other than a private foundation under Section 509(a)(1). However, income from activities not directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. The Organization had no unrelated business income during the years ended December 31, 2018 and 2017. The Organization believes that it has conducted its operations in accordance with, and has properly maintained, its tax-exempt status, and that it has taken no material uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Organization is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2016.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Fundraising Expenses - 228882

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Fundraising expenses - 228882

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2STEPHEN KATSIRUBAS
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4VALERIE FINBERG
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5NANCY CLARK
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6TOM CREWS
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05660
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027705
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048861
IRS990/OtherExpensesGrp/Desc0Program Materials
IRS990/OtherExpensesGrp/Desc1Staff & Board Development
IRS990/OtherExpensesGrp/Desc2Vehicle Expenses
IRS990/OtherExpensesGrp/Desc3Volunteer expense
IRS990/OtherExpensesGrp/FundraisingAmt0597
IRS990/OtherExpensesGrp/FundraisingAmt11250
IRS990/OtherExpensesGrp/FundraisingAmt297
IRS990/OtherExpensesGrp/FundraisingAmt37324
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21
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IRS990/OtherExpensesGrp/ProgramServicesAmt011748032
IRS990/OtherExpensesGrp/ProgramServicesAmt15682
IRS990/OtherExpensesGrp/ProgramServicesAmt212164
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IRS990/OtherExpensesGrp/TotalAmt212262
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0551922
IRS990/OtherSalariesAndWagesGrp/TotalAmt0862647
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/FundraisingAmt015535
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010055
IRS990/PayrollTaxesGrp/ProgramServicesAmt046766
IRS990/PayrollTaxesGrp/TotalAmt072356
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt052889
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0307875
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053327
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050422
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0CARINA MARTIN
IRS990/PriorPeriodAdjustmentsAmt0-12025
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgSrvcAccomActy2Grp/Desc0BASICS 4 BABIES PROVIDES BASIC NECESSITIES SUCH AS DIAPERS, WIPES AND BABY GEAR TO FAMILIES WITH INFANTS WHO WOULD OTHERWISE RATION THESE PRODUCTS OR GO WITHOUT. IN 2018 A VALUE OF OVER $1,154,756 IN BABY NECESSITIES WERE PROVIDED TO NEARLY 2,520 LOCAL RESIDENTS IN NEED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01373652
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FILL A BACKPACK (F.A.B.) PROGRAM PROVIDES BACKPACKS FILLED WITH GRADE-APPROPRIATE SCHOOL SUPPLIES TO CHILDREN IN NEED TO MAXIMIZE THEIR ACADEMIC POTENTIAL. IN 2018 A VALUE OF OVER $856,300 IN BACKPACKS AND SCHOOL SUPPLIES WERE PROVIDED TO NEARLY 17,126 LOCAL RESIDENTS IN NEED.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0937614
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GiveSports (includes grants of $69,003), The Learning Center, Precious Gift, GiveArts, and Edussentials.
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt069003
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012241246
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IRS990/PYInvestmentIncomeAmt03312
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06459957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04593422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049598610
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03312
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01594
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012241246
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08460128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06459957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04593422
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049598610
IRS990ScheduleA/TotalSupportAmt049673731
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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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.$11.0$4.51$6.47$15.9$16.8$0.84
2023Detailed filing. Detailed filing data is available for this year.$12.1$4.83$7.22$15.3$16.2$0.92
2022Detailed filing. Detailed filing data is available for this year.$12.9$4.75$8.11$20.2$19.5$0.75
2021Detailed filing. Detailed filing data is available for this year.$10.7$4.14$6.51$12.1$12.3$0.24
2020Detailed filing. Detailed filing data is available for this year.$10.9$4.19$6.73$11.7$11.3$0.41
2019Detailed filing. Detailed filing data is available for this year.$10.3$3.96$6.32$18.6$17.8$0.80
2018Detailed filing. Detailed filing data is available for this year.$7.79$2.28$5.51$17.8$13.7$4.08
2017Detailed filing. Detailed filing data is available for this year.$1.47$0.03$1.44$12.1$11.9$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.26$0.03$1.23$8.27$8.55$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.04$1.51$6.36$5.73$0.63
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.04$0.88$4.59$4.21$0.38
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.02$0.52$3.57$3.28$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.01$0.24$2.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.27$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.16$0.88