Civic Intelligence

Child Development Associates Incorporated

990 • Fiscal year 2016 • EIN 33-0050042

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 10, 2017

Refreshing map…

180 Otay Lakes Road Suite 310Bonita, CA 91902

(619) 427-4411

Siviq Scores

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

Liabilities / Assets

89th percentile

0.92x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.12x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

40th percentile

$293,146

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

83rd percentile

13%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

17%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Up

$10,175,701

Up $1,165,925 (+13%) from 2015

Net Assets

Up

$818,937

Up $298,155 (+57%) from 2015

Liabilities

Up

$9,356,764

Up $867,770 (+10%) from 2015

Revenue

Up

$74,918,995

Up $10,744,503 (+17%) from 2015

Expenses

Up

$74,883,280

Up $10,706,383 (+17%) from 2015

Net Income

Up

$35,715

Up $38,120 (+1585%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $7,960,988Liabilities 2010: $7,285,986Net Assets 2010: $675,0022010Assets 2011: $7,179,510Liabilities 2011: $6,555,161Net Assets 2011: $624,3492011Assets 2012: $6,001,317Liabilities 2012: $5,461,150Net Assets 2012: $540,1672012Assets 2013: $7,594,238Liabilities 2013: $7,104,040Net Assets 2013: $490,1982013Assets 2015: $9,009,776Liabilities 2015: $8,488,994Net Assets 2015: $520,7822015Assets 2016: $10,175,701Liabilities 2016: $9,356,764Net Assets 2016: $818,9372016Assets 2017: $11,823,752Liabilities 2017: $10,814,451Net Assets 2017: $1,009,3012017Assets 2018: $13,970,752Liabilities 2018: $12,888,336Net Assets 2018: $1,082,4162018Assets 2019: $17,145,490Liabilities 2019: $16,004,207Net Assets 2019: $1,141,2832019Assets 2020: $16,418,540Liabilities 2020: $15,187,717Net Assets 2020: $1,230,8232020Assets 2021: $17,605,481Liabilities 2021: $16,629,299Net Assets 2021: $976,1822021

Highlighted filing

2016

Assets$10,175,701
Liabilities$9,356,764
Net Assets$818,937

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $54,473,7462010Expenses 2011: $54,643,3052011Expenses 2012: $51,490,9522012Expenses 2013: $57,257,4722013Revenue 2015: $64,174,492Expenses 2015: $64,176,897Net Income 2015: -$2,4052015Revenue 2016: $74,918,995Expenses 2016: $74,883,280Net Income 2016: $35,7152016Revenue 2017: $77,148,374Expenses 2017: $77,081,435Net Income 2017: $66,9392017Revenue 2018: $87,674,623Expenses 2018: $87,666,231Net Income 2018: $8,3922018Revenue 2019: $103,554,552Expenses 2019: $103,550,825Net Income 2019: $3,7272019Revenue 2020: $115,372,319Expenses 2020: $115,306,886Net Income 2020: $65,4332020Revenue 2021: $135,258,130Expenses 2021: $135,053,084Net Income 2021: $205,0462021

Highlighted filing

2016

Revenue$74,918,995
Expenses$74,883,280
Net Income$35,715
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 10, 2017
Return Version
2015v3.0
Gross Receipts
$74,918,995
Mission and Program Overview

Mission

To empower and promote the well-being of families, child care providers, and the greater community through financial and support services.

To encourage and support the success and well-being of children, families and the child care community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,847,127$6,301,128▲ $3,454,001
Accounts Receivable$5,162,808$2,708,815▼ $2,453,993
Land, Buildings, and Equipment, Net$738,211$929,176▲ $190,965
Prepaid Expenses and Deferred Charges$261,630$236,582▼ $25,048
Savings and Temporary Cash Investments-$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$9,009,776$10,175,701▲ $1,165,925
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,137,672$8,154,376▲ $1,016,704
Other Liabilities$1,171,850$1,177,850▲ $6,000
Grants Payable$179,472$24,538▼ $154,934
Total Liabilities$8,488,994$9,356,764▲ $867,770
Net Assets / Fund Balance
Temporarily Rstr Net Assets$279,513$541,953▲ $262,440
Unrestricted Net Assets$241,269$276,984▲ $35,715
Total Net Assets Fund Balance$520,782$818,937▲ $298,155
Total Liabilities and Net Assets / Fund Balance$9,009,776$10,175,701▲ $1,165,925

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$367,562$376,495$744,057
Buildings$561,614$153,143$714,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard RichardsonPresident & CEOFT$223,493$69,653$293,146
Jorge HernandezTreasurerFT$159,254$65,128$224,382
Jolie BurbelVice PresidentFT$127,229$75,153$202,382
Norma HernandezSecretaryFT$129,577$69,229$198,806
Vinh DangI.T ManagerFT$117,285$53,234$170,519
Jane McMastersCo-Exec. DirectorFT$98,433$5,370$103,803

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
San Diego Unified School DistChild Care2441 Cardinal Lane, San Diego, CA 92123$1,681,190
Alpha Kappa Alpha Head StartChild Care620 West Madison Ave, El Cajon, CA 92020$911,551
Marangelys Kids IncChild Care3766 Mission Avenue 110, Oceanside, CA 92058$798,727
MAAC ProjectChild Care1355 Third Avenue, Chula Vista, CA 91911$775,764
La Mesa Spring Valley School DistChild Care4750 Date Avenue, La Mesa, CA 91942$671,174
Revenue and Support

Revenue Composition

Contributions and Grants
$73,124,366
Program Service Revenue
$1,772,238
Investment Income
$0
Other Revenue
$22,391
Change in Net Assets
$35,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,226,448
Salaries, Compensation, and Employee Benefits$10,128,687
Other Expenses$2,528,145
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$62,226,448--$62,226,448
Other Salaries and Wages$5,130,981$1,027,594-$6,158,575
Pension Plan Contributions$1,135,967$414,816-$1,550,783
Other Employee Benefits$1,020,344$179,273-$1,199,617
Occupancy$534,996$319,596-$854,592
Current Officers, Directors, Trustees, and Key Employees-$717,645-$717,645
Payroll Taxes$383,662$118,405-$502,067
All Other Expenses$108,504$30,592-$139,096
Conferences and Meetings$2,201$82,080-$84,281
Other Expenses$61,373$1,382-$61,373
Travel$50,647--$50,647
Fees for Services Accounting-$43,920-$43,920
Fees for Services Legal-$16,112-$16,112
Total Functional Expenses$71,604,758$3,278,522$0$74,883,280
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
Yes
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan payable$548,333
Accrued Vacation$380,915
Contract Advances$196,047
Child Development Reserve$52,555
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

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

Finance Director reviews Form 990 for completeness and accuracy; President & CEO approves and signs the form.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

CDA continually monitors and enforces compliance with the policy by distributing personnel policies, conflict of interest agreements, and declaration forms annually. Any actual, potential or perceived conflict of interest is immediately evaluated to determine the appropriate course of action.

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

CDA uses the following to establish the compensation of its President and CEO, top management, and key employees:a. Compensation survey or studyb. Approval by the board or compensation committee

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

Organization documents are available upon request from the Administrative Office - 180 Otay Lakes Road, Suite 310, Chula Vista, CA 91902.

Filing and Contact Details

Filer

Filer Name
Child Development Associates Inc
EIN
33-0050042
Phone
6194274411
Address
180 OTAY LAKES ROAD SUITE 310, BONITA, CA 91902

Signing Officer

Name
Richard Richardson
Title
President and CEO
Signed
2017-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Richardson
Formed
1984
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
226

Preparer

Firm
Armando Martinez & Co CPAs
Address
365 Church Avenue, Chula Vista, CA 91910
Preparer
Gabriel a Martinezcpa
Phone
6194271981
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Change in Reserve for fixed assets = $262440

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt7President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Co-Exec. Dir.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Child and Adult Care Food Program is funded by U.S. Dept. of Agriculture through California Department of Education. This program reimburses child care providers for the nutritious meals they serve to the children in their care. CDA currently sponsors approximately 1,277 Family Child Care Homes throughout San Diego, Orange, Riverside, San Bernardino Counties, Imperial Counties, and a portion of Los Angeles County.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Through a contract with San Diego County Office of Education, CDA has been designated as the San Diego County Quality Preschool Initiative (SDCQPI) reimbursement agency. All providers participating in SDCQPI submit reimbursement claims to CDA for processing of payment. The program serves approximately 13,129 children during 180 days of operation.
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