Civic Intelligence

Rockford Day Nursery

990 • Fiscal year 2013 • EIN 36-2256038

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 04, 2013

2323 S 6th Street61104
Siviq Scores

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

Liabilities / Assets

40th percentile

0.06x

Higher debt load relative to assets than 40% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

47th percentile

1.2%

Faster asset growth than 47% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$2,471,387

Up $28,283 (+1.2%) from 2012

Net Assets

Up

$2,329,415

Up $45,778 (+2.0%) from 2012

Liabilities

Down

$141,972

Down $17,495 (-11%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$972,262

Down $44,782 (-4.4%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,476,849Liabilities 2011: $146,963Net Assets 2011: $2,329,8862011Assets 2012: $2,443,104Liabilities 2012: $159,467Net Assets 2012: $2,283,6372012Assets 2013: $2,471,387Liabilities 2013: $141,972Net Assets 2013: $2,329,4152013Assets 2014: $2,536,804Liabilities 2014: $53,052Net Assets 2014: $2,483,7522014Assets 2015: $2,908,397Liabilities 2015: $393,310Net Assets 2015: $2,515,0872015Assets 2016: $3,303,558Liabilities 2016: $856,151Net Assets 2016: $2,447,4072016Assets 2017: $3,294,240Liabilities 2017: $786,509Net Assets 2017: $2,507,7312017Assets 2018: $3,235,521Liabilities 2018: $749,048Net Assets 2018: $2,486,4732018Assets 2019: $3,018,092Liabilities 2019: $704,054Net Assets 2019: $2,314,0382019Assets 2020: $2,842,410Liabilities 2020: $856,879Net Assets 2020: $1,985,5312020Assets 2021: $3,280,478Liabilities 2021: $832,390Net Assets 2021: $2,448,0882021Assets 2022: $3,000,578Liabilities 2022: $552,552Net Assets 2022: $2,448,0262022Assets 2023: $2,639,579Liabilities 2023: $605,529Net Assets 2023: $2,034,0502023

Highlighted filing

2013

Assets$2,471,387
Liabilities$141,972
Net Assets$2,329,415

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $950,9222011Expenses 2012: $1,017,0442012Expenses 2013: $972,2622013Revenue 2014: $1,072,615Expenses 2014: $976,910Net Income 2014: $95,7052014Revenue 2015: $1,072,251Expenses 2015: $1,021,085Net Income 2015: $51,1662015Revenue 2016: $1,062,162Expenses 2016: $1,105,685Net Income 2016: -$43,5232016Revenue 2017: $1,214,093Expenses 2017: $1,186,313Net Income 2017: $27,7802017Revenue 2018: $1,264,884Expenses 2018: $1,265,322Net Income 2018: -$4382018Revenue 2019: $1,009,204Expenses 2019: $1,213,960Net Income 2019: -$204,7562019Revenue 2020: $844,797Expenses 2020: $1,173,968Net Income 2020: -$329,1712020Revenue 2021: $1,567,494Expenses 2021: $1,161,252Net Income 2021: $406,2422021Revenue 2022: $1,013,817Expenses 2022: $926,705Net Income 2022: $87,1122022Revenue 2023: $464,385Expenses 2023: $907,236Net Income 2023: -$442,8512023

Highlighted filing

2013

Revenue-
Expenses$972,262
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 4, 2013
Return Version
2012v2.1
Gross Receipts
$1,184,260
Mission and Program Overview

Mission

It is the mission of this corporation to provide quality care for children between the ages of six weeks and twelve years whose parents are employed or in training.

Filing and Contact Details

Filer

EIN
36-2256038
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IRS990/ActivityOrMissionDescription0ROCKFORD DAY NURSERY FURNISHES CHILD CARE SERVICES FOR CHILDREN LIVING IN ROCKFORD, ILLINOIS.
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IRS990/Description0PLEASE SEE SCHEDULE O. ROCKFORD DAY NURSERY EARLY LEARNING CENTER HAS BEEN PROVIDING CARE FOR CHILDREN IN ROCKFORD, ILLINOIS AREA SINCE 1917. WE HAVE BEEN LICENSED WITH THE DEPARTMENT OF CHILDREN AND FAMILY SERVICES SINCE 1941. OUR ORGANIZATION WAS RECOGNIZED ON NOVEMBER 1, 1944 UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE 61104 ZIP CODE, IN WHICH THE CENTER IS LOCATED, ENCOMPASSES ONE OF THE MOST ETHNICALLY DIVERSE AND IMPOVERISHED NEIGHBORHOODS IN THE UNITED STATES, ACCORDING TO A MARKETING STUDY THAT WAS DONE PRIOR TO MOVING TO THIS LOCATION IN 2005. ORGANIZED AS A NOT-FOR-PROFIT CORPORATION, THE NURSERY IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS FROM THE COMMUNITY. THE BOARD IS VERY KNOWLEDGEABLE ABOUT THE DAY-TO-DAY OPERATIONS OF THE CENTER AND ACTIVELY VOLUNTEERS IN THE AREAS OF ADMINISTRATION, PARENT EDUCATION AND INVOLVEMENT, BUILDING AND GROUNDS PROJECTS, AND SPECIAL SOCIAL EVENTS FOR OUR FAMILIES, SUCH AS PRESCHOOL GRADUATION AND OUR ANNUAL CHRISTMAS PARTY. THE FINANCE COMMITTEE MEETS REGULARLY TO DISCUSS OUR FISCAL STATUS, WHICH HAS BEEN GOOD ENOUGH TO PROVIDE MODERATE SALARIES AND BENEFITS FOR OUR TWENTY-ONE FULL-TIME STAFF MEMBERS AND FIVE PART-TIME ADMINISTRATIVE, TUTORING AND SUMMER STAFF.APPROXIMATELY NINETY-ONE PERCENT OF OUR CHILDREN ARE ELIGIBLE FOR CHILD CARE ASSISTANCE BECAUSE THEIR PARENTS WORK IN LOW INCOME JOBS, ARE INVOLVED IN TRAINING, OR ARE IN FOSTER CARE OR PROTECTIVE SERVICES. WE CURRENTLY ENROLL A TOTAL OF 128 CHILDREN. ROSALIND REIS, OUR EXECUTIVE DIRECTOR, HAS BEEN MANAGING OUR ORGANIZATION FOR THE PAST 27 YEARS. SHE HAS A B.S. IN HUMAN RESOURCE MANAGEMENT FROM NORTHERN ILLINOIS UNIVERSITY. MS. REIS IS RESPONSIBLE FOR THE DAY-TO-DAY OPERATIONS OF THE CENTER, UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. ALL OTHER STAFF REPORT TO MS. REIS, INCLUDING TEACHERS, TEACHERS ASSISTANTS, COOK AND COOKS HELPER. OUR STAFF TURNOVER HAS BEEN LOW, AND A GREAT DEAL OF EFFORT HAS GONE INTO STAFF DEVELOPMENT. WE USE CREATIVE CURRICULUM AS THE BASIS FOR OUR EDUCATIONAL PROGRAMMING AND FOR EVALUATION OF STUDENTS AND PROGRAM. WE ALSO USE SECOND STEP, A VIOLENCE PREVENTION CURRICULUM AND TALKING ABOUT TOUCHING WITH PRESCHOOLERS, A PROGRAM TO HELP MAKE STUDENTS AND THEIR PARENTS AWARE OF PERSONAL SAFETY ISSUES. A MUSIC SPECIALIST COMES TO THE CENTER WEEKLY TO WORK WITH THE PRESCHOOL CLASSES. SCHOOL-AGE CHILDREN RECEIVE HELP WITH THEIR HOMEWORK EACH DAY AND THE SUMMER PROGRAM INCLUDES ACTIVITIES TO ENHANCE AND MAINTAIN THE SKILLS THEY NEED TO SUCCEED IN SCHOOL. ONE OF OUR PRE-SCHOOL ROOMS IS A BI-LINGUAL HEAD START COLLABORATION FOR 3 AND 4 YEAR OLD STUDENTS. HEAD START PROVIDES 2 STAFF MEMBERS AND PROGRAM MATERIALS. ROCKFORD DAY NURSERY PROVIDES ONE STAFF MEMBER, A CLASSROOM, DAILY MEALS AND ADMINISTRATIVE SUPPORT.THE NEEDS OF CHILDREN CANNOT BE FULLY SERVED WITHOUT ALSO BEING CONCERNED ABOUT THE NEEDS OF THE FAMILY AND COMMUNITY IN WHICH THEY LIVE. ONE OF OUR MAIN FOCUSES IS TO HELP PARENTS BECOME INDEPENDENT, RESPONSIBLE MEMBERS OF SOCIETY THROUGH WORK AND/OR TRAINING SO THAT THE FAMILY CAN BECOME MORE FINANCIALLY STABLE AND THE CHILDREN WILL SEE EXAMPLES OF SUCCESS THROUGH WORK AND EDUCATION. WE ALSO WORK WITH OTHER ORGANIZATIONS TO PROVIDE A CONTINUUM OF CARE SO THAT THE PROGRESS OF THE FAMILY WILL CONTINUE AND THE PARENTS WILL HAVE THE SUPPORT THEY NEED TO BE GOOD PARENTS AND PRODUCTIVE MEMBERS OF OUR COMMUNITY
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/BoardDesignatedEOYBalance01.00000
IRS990ScheduleD/Buildings/BookValue01446594
IRS990ScheduleD/Buildings/Depreciation0439458
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis01886052
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance0259400
IRS990ScheduleD/CurrentYear/Contributions02879
IRS990ScheduleD/CurrentYear/EndOfYearBalance0289208
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses029786
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance0256179
IRS990ScheduleD/CurrentYearMinus1Year/Contributions016206
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance0259400
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses0-10366
IRS990ScheduleD/CurrentYearMinus1Year/OtherExpenditures02619
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance0228134
IRS990ScheduleD/CurrentYearMinus2Years/Contributions06770
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance0256179
IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses023888
IRS990ScheduleD/CurrentYearMinus2Years/OtherExpenditures02613
IRS990ScheduleD/CurrentYearMinus3Years/BeginningOfYearBalance0201189
IRS990ScheduleD/CurrentYearMinus3Years/EndOfYearBalance0228134
IRS990ScheduleD/CurrentYearMinus3Years/InvestmentEarningsOrLosses020667
IRS990ScheduleD/CurrentYearMinus3Years/OtherExpenditures0-6278
IRS990ScheduleD/CurrentYear/OtherExpenditures02857
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs00
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs00
IRS990ScheduleD/Equipment/BookValue08892
IRS990ScheduleD/Equipment/Depreciation095897
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0104789
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0972262
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARD OF DIRECTORS, FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE ORGANIZATION QUALIFIES FOR TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE ISSUED BY THE FASB WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS NOT BEEN MET. THIS GUIDANCE ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE ORGANIZATION FILES INCOME TAX RETURNS FOR THE UNITED STATES AND STATE OF ILLINOIS. IN THE NORMAL COURSE OF BUSINESS THE ORGANIZATION IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATIONS TAX RETURNS FOR YEARS SUBSEQUENT TO 2009 ARE OPEN, BY STATUTE, FOR REVIEW BY AUTHORITIES. HOWEVER, AT PRESENT, THERE ARE NO ONGOING INCOME TAX AUDITS OR UNRESOLVED DISPUTES WITH WHOM THE ORGANIZATION CURRENTLY FILES OR HAS FILED. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY SIGNIFICANT RISKS RELATED TO INCOME TAX EXPENSE AND THEREFORE NO AMOUNTS WERE RESERVED FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART V, LINE 4:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1PART X, LINE 2:
IRS990ScheduleD/Land/BookValue024135
IRS990ScheduleD/Land/OtherCostOrOtherBasis024135
IRS990ScheduleD/NetUnrealizedGainsInvestments029348
IRS990ScheduleD/OtherAssets/BookValue0284876
IRS990ScheduleD/OtherAssets/Description0BENEFIT INTERESTS
IRS990ScheduleD/RevenueNotRptdF990029348
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0988692
IRS990ScheduleD/TotalBookValueOtherAssets0284876
IRS990ScheduleD/TotalExpensesPerForm9900972262
IRS990ScheduleD/TotalOfBookValueLandBuildings01479621
IRS990ScheduleD/TotalRevenuePerForm9900988692
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0972262
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01018040
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ACCOUNTS OF THE TREASURERS SHALL BE AUDITED ANNUALLY BY AN AUDITOR SELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR SHALL COMMUNICATE AND COOPERATE WITH THE AUDITOR FOR PURPOSES OF TIMELY COMPLETION OF THE AUDIT. A ROUGH DRAFT OF THE AUDIT AND THE FORM 990 SHALL BE EMAILED TO THE EXECUTIVE DIRECTOR WHO WILL THEN E-MAIL IT TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENTS, QUESTIONS, OR SUGGESTIONS. THE EXECUTIVE DIRECTOR WILL WORK WITH THE AUDITOR TO RESOLVE ANY OUTSTANDING ISSUES BEFORE THE AUDIT AND FORM 990 ARE FINALIZED. THE AUDITOR WILL MEET WITH THE BOARD OF DIRECTORS TO GO OVER THE AUDIT AND THE FORM 990 AND THE BOARD OF DIRECTORS WILL VOTE ON ACCEPTANCE OF THE FINALIZED AUDIT AND FORM 990 BEFORE THEY ARE FILED. THESE REPORTS SHALL BE PLACED ON FILE WITH THE CORPORATION.
IRS990ScheduleO/GeneralExplanation/Explanation1ALL DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN AND STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY, 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THE ORGANIZATIONS IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD SHALL SET THE PAY RANGE AND SPECIFIC COMPONENTS OF THE TOTAL COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. IN ACCORDANCE WITH OUR PERSONNEL POLICIES, NO PERSON SHALL BE CONSIDERED FOR EMPLOYMENT WHILE HIM/HER OR A MEMBER OF HIS/HER IMMEDIATE FAMILY SERVES ON THE BOARD OF DIRECTORS. AT LEAST THREE DIFFERENT COMPENSATION SAMPLES FROM INDIVIDUALS WITH SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, BOTH PROFIT AND TAX EXEMPT SHALL BE DOCUMENTED. THERE SHALL ALSO BE DOCUMENTATION OF AMOUNT APPROVED, DATE, MEMBERS WHO WERE PRESENT AND VOTED, ANY CONFLICTS, AND BASIS OF ANY DISCUSSION. THE EXECUTIVE DIRECTOR SHALL BE ELIGIBLE FOR RETIREMENT PLANS, TRAVEL EXPENSE REIMBURSEMENT, EDUCATIONAL EXPENSES AND OTHER FRINGE BENEFITS ON THE SAME BASIS AS OTHER FULL TIME EMPLOYEES, AS DEFINED IN THE PERSONNEL POLICIES. THE EXECUTIVE DIRECTOR WILL HAVE A MISCELLANEOUS MANAGEMENT EXPENSE LINE ITEM IN THE BUDGET FOR BUSINESS EXPENSES THAT DO NOT FALL INTO OTHER EXPENSE LINE ITEMS. THESE EXPENSES WILL BE SUBSTANTIATED WITH RECEIPTS AND REVIEWED BY THE BOARD OF DIRECTORS MONTHLY ALONG WITH ALL OTHER INCOME AND EXPENSE ACCOUNTS.
IRS990ScheduleO/GeneralExplanation/Explanation3ROCKFORD DAY NURSERY HAS NOT ADOPTED A FORMAL POLICY REGARDING MAKING OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. IF A MEMBER OF THE PUBLIC REQUESTED THIS INFORMATION THE DIRECTOR WILL CHECK WITH THE EXECUTIVE COMMITTEE TO RECEIVE DIRECTION ON WHAT SHOULD BE RELEASED.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.64$0.61$2.03$0.46$0.91$0.44
2022Detailed filing. Detailed filing data is available for this year.$3.00$0.55$2.45$1.01$0.93$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.28$0.83$2.45$1.57$1.16$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.84$0.86$1.99$0.84$1.17$0.33
2019Detailed filing. Detailed filing data is available for this year.$3.02$0.70$2.31$1.01$1.21$0.20
2018Detailed filing. Detailed filing data is available for this year.$3.24$0.75$2.49$1.26$1.27$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.29$0.79$2.51$1.21$1.19$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.30$0.86$2.45$1.06$1.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.91$0.39$2.52$1.07$1.02$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.54$0.05$2.48$1.07$0.98$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.14$2.33$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.16$2.28$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.15$2.33$0.95