Civic Intelligence

5Cs Child Care Centers

990 • Fiscal year 2017 • EIN 26-3952548

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

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

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

47th percentile

2.4%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$59,272

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

9.4%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$135,634

Up $23,409 (+21%) from 2016

Net Assets

Up

$130,590

Up $22,092 (+20%) from 2016

Liabilities

Up

$5,044

Up $1,317 (+35%) from 2016

Revenue

Up

$910,335

Up $78,244 (+9.4%) from 2016

Expenses

Up

$888,243

Up $70,175 (+8.6%) from 2016

Net Income

Up

$22,092

Up $8,069 (+58%) from 2016

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

2017

Assets$135,634
Liabilities$5,044
Net Assets$130,590

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

2017

Revenue$910,335
Expenses$888,243
Net Income$22,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$910,335
Mission and Program Overview

Mission

Operation of child care facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,494$85,386▲ $24,892
Savings and Temporary Cash Investments$50,198$50,248▲ $50
Land, Buildings, and Equipment, Net$1,470$0▼ $1,470
Prepaid Expenses and Deferred Charges$63$0▼ $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$112,225$135,634▲ $23,409
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,727$5,044▲ $1,317
Total Liabilities$3,727$5,044▲ $1,317
Net Assets / Fund Balance
Unrestricted Net Assets$108,498$130,590▲ $22,092
Total Net Assets Fund Balance$108,498$130,590▲ $22,092
Total Liabilities and Net Assets / Fund Balance$112,225$135,634▲ $23,409

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseTotal
Tina RogersPres/Ex. DirectFT$59,272$59,272
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
$826,168
Investment Income
$167
Other Revenue
$0
All Other Contributions
$84,000
Change in Net Assets
$22,092

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$694,218
Other Expenses$194,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$491,447$13,962-$505,409
Occupancy$111,889$5,712-$117,601
Current Officers, Directors, Trustees, and Key Employees-$85,493-$85,493
Office Expenses$48,416$9,916-$58,332
Payroll Taxes$45,566$9,333-$54,899
Other Employee Benefits$31,921$6,538-$38,459
Pension Plan Contributions$8,193$1,765-$9,958
Fees for Services Accounting$7,343$1,504-$8,847
Insurance-$6,496-$6,496
Depreciation Depletion$1,470--$1,470
Fees for Services Other$400--$400
Other Expenses-$-347-$-347
Total Functional Expenses$746,645$141,598$0$888,243
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
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
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 submitted a draft of the tax return to the President of the Board, for review by the Board, 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
Faith Trimble
Title
V.P./Tr. & Mgr
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
38

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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0675435
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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 submitted a draft of the tax return to the President of the Board, for review by the Board, 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/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0108498
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IRS990/WebsiteAddressTxt0www.lotsoftlc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Faith Trimble
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0V.P./Tr. & Mgr
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
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/PreparerFirmEIN0911994410
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dana C Maher CPA PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01809 4th Ave E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olympia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0985064629
ReturnHeader/PreparerPersonGrp/PhoneNum03603525240
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dana C Maher
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-13T15:30:11-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31

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