Civic Intelligence

5Cs Child Care Centers

990 • Fiscal year 2016 • EIN 26-3952548

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 07, 2017

232 Perry St NWOlympia, WA 98502

(360) 754-7246

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

46th percentile

1.7%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$42,274

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

1.5%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$112,225

Up $12,346 (+12%) from 2015

Net Assets

Up

$108,498

Up $14,023 (+15%) from 2015

Liabilities

Down

$3,727

Down $1,677 (-31%) from 2015

Revenue

Up

$832,091

Up $12,099 (+1.5%) from 2015

Expenses

Up

$818,068

Up $18,943 (+2.4%) from 2015

Net Income

Down

$14,023

Down $6,844 (-33%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2012: $73,208Liabilities 2012: $2,874Net Assets 2012: $70,3342012Assets 2013: $83,819Liabilities 2013: $4,214Net Assets 2013: $79,6052013Assets 2014: $84,741Liabilities 2014: $11,133Net Assets 2014: $73,6082014Assets 2015: $99,879Liabilities 2015: $5,404Net Assets 2015: $94,4752015Assets 2016: $112,225Liabilities 2016: $3,727Net Assets 2016: $108,4982016Assets 2017: $135,634Liabilities 2017: $5,044Net Assets 2017: $130,5902017Assets 2018: $133,879Liabilities 2018: $5,236Net Assets 2018: $128,6432018Assets 2019: $137,700Liabilities 2019: $12,041Net Assets 2019: $125,6592019Assets 2020: $212,626Liabilities 2020: $216,269Net Assets 2020: -$3,6432020Assets 2021: $434,255Liabilities 2021: $42,560Net Assets 2021: $391,6952021Assets 2022: $415,587Liabilities 2022: $44,663Net Assets 2022: $370,9242022Assets 2023: $358,834Liabilities 2023: $44,019Net Assets 2023: $314,8152023Assets 2024: $472,297Liabilities 2024: $17,326Net Assets 2024: $454,9712024

Highlighted filing

2016

Assets$112,225
Liabilities$3,727
Net Assets$108,498

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $707,6782012Revenue 2013: $759,548Expenses 2013: $750,277Net Income 2013: $9,2712013Revenue 2014: $747,338Expenses 2014: $753,335Net Income 2014: -$5,9972014Revenue 2015: $819,992Expenses 2015: $799,125Net Income 2015: $20,8672015Revenue 2016: $832,091Expenses 2016: $818,068Net Income 2016: $14,0232016Revenue 2017: $910,335Expenses 2017: $888,243Net Income 2017: $22,0922017Revenue 2018: $1,003,271Expenses 2018: $1,005,218Net Income 2018: -$1,9472018Revenue 2019: $1,056,868Expenses 2019: $1,059,852Net Income 2019: -$2,9842019Revenue 2020: $874,405Expenses 2020: $1,003,707Net Income 2020: -$129,3022020Revenue 2021: $1,454,094Expenses 2021: $1,058,756Net Income 2021: $395,3382021Revenue 2022: $1,129,042Expenses 2022: $1,149,813Net Income 2022: -$20,7712022Revenue 2023: $1,235,831Expenses 2023: $1,291,940Net Income 2023: -$56,1092023Revenue 2024: $1,449,120Expenses 2024: $1,308,964Net Income 2024: $140,1562024

Highlighted filing

2016

Revenue$832,091
Expenses$818,068
Net Income$14,023
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 7, 2017
Return Version
2016v3.0
Gross Receipts
$832,091
Mission and Program Overview

Mission

Operation of child care facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,456$60,494▲ $23,038
Savings and Temporary Cash Investments$57,514$50,198▼ $7,316
Land, Buildings, and Equipment, Net$4,909$1,470▼ $3,439
Prepaid Expenses and Deferred Charges-$63-
Accounts Receivable-$0-
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$99,879$112,225▲ $12,346
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,404$3,727▼ $1,677
Total Liabilities$5,404$3,727▼ $1,677
Net Assets / Fund Balance
Unrestricted Net Assets$94,475$108,498▲ $14,023
Total Net Assets Fund Balance$94,475$108,498▲ $14,023
Total Liabilities and Net Assets / Fund Balance$99,879$112,225▲ $12,346

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,470$21,239$22,709
Equipment-$1,223$1,223
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tina RogersPres/Ex. DirectPT$42,274$42,274
Faith TrimbleV.P./Tr. & MgrPT$26,221$26,221

Board Members and Trustees

NameTitle
Carol MurphySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$84,000
Program Service Revenue
$747,946
Investment Income
$145
Other Revenue
$0
All Other Contributions
$84,000
Change in Net Assets
$14,023

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$84,000Fair Market Value (FMV)
Total Noncash Contributions1$84,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$624,272
Other Expenses$193,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$468,908--$468,908
Occupancy$111,161$5,174-$116,335
Current Officers, Directors, Trustees, and Key Employees-$68,495-$68,495
Payroll Taxes$47,928$9,149-$57,077
Office Expenses$46,184$8,797-$54,981
Other Employee Benefits$16,288$3,102-$19,390
Fees for Services Accounting$8,864$1,688-$10,552
Pension Plan Contributions$9,990$412-$10,402
Insurance-$6,374-$6,374
Depreciation Depletion$3,439--$3,439
Fees for Services Other$503$96-$599
Other Expenses-$45-$45
Total Functional Expenses$713,265$104,803$0$818,068
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

5C's Child Care Centers operates its facility on a contract basis. The contract is with an entity called Capital Campus Child Care Center Parent Foundation (the Parent Foundation). The Parent Foundation approves the organization's operating budget.

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

CPA met with the President of the Board to review a draft of the tax return prior to submitting the return.

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

The wages of all of 5C's employees are determined by a contractual management arrangement with The Parent Foundation. Members of The Parent Foundation are parents of children enrolled in 5C's.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The wages of all of 5C's employees are determined by a contractual management arrangement with The Parent Foundation. Members of The Parent Foundation are parents of children enrolled in 5C's.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
5Cs Child Care Centers
EIN
26-3952548
Phone
3607547246
Address
232 Perry St NW, Olympia, WA 98502

Signing Officer

Name
Tina Rogers
Title
Pres/Ex. Direct
Signed
2017-08-07
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
44

Preparer

Firm
Dana C Maher CPA PS
Address
1809 4th Ave E, Olympia, WA 98506-4629
Preparer
Dana C Maher
Phone
3603525240
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt05C's Child Care Centers operates its facility on a contract basis. The contract is with an entity called Capital Campus Child Care Center Parent Foundation (the Parent Foundation). The Parent Foundation approves the organization's operating budget.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CPA met with the President of the Board to review a draft of the tax return prior to submitting the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The wages of all of 5C's employees are determined by a contractual management arrangement with The Parent Foundation. Members of The Parent Foundation are parents of children enrolled in 5C's.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The wages of all of 5C's employees are determined by a contractual management arrangement with The Parent Foundation. Members of The Parent Foundation are parents of children enrolled in 5C's.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/WebsiteAddressTxt0www.lotsoftlc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tina Rogers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Pres/Ex. Direct
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt05Cs Child Care Centers
ReturnHeader/Filer/BusinessNameControlTxt05CSC
ReturnHeader/Filer/EIN0263952548
ReturnHeader/Filer/PhoneNum03607547246
ReturnHeader/Filer/USAddress/AddressLine1Txt0232 Perry St NW
ReturnHeader/Filer/USAddress/CityNm0Olympia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098502
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dana C Maher CPA PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01809 4th Ave E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olympia

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