Civic Intelligence

Circle Time Child Development Center Inc

EIN 36-4695952 • 501(c)3 • San Jose, CA

Profile

Circle Time CDC is a non-profit organization that is dedicated to the educational growth and development of children 2 to 5 years of age. Circle Time is focused on creating and maintaining an environment that is not only conducive to learning but provides a safe haven where children can expand their creativity and thrive. Research supports and Circle Time values the developmental stages of all children. It is our belief that all children have unique learning styles, varied interests, individual temperaments and different rates of development. The importance of the environment to be a place where new experiences can happen and new ways of focused exploration can be encouraged, is a vital part of Circle Time's philosophy and values.

318 El Rancho Verde DrSan Jose, CA 95116

www.circle-time.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

6.1%

Higher net margin than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

87th percentile

$6,950

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Down

$5,474

Down $6,225 (-53%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$5,474

Down $6,225 (-53%) from 2022

Revenue

Up

$291,893

Up $74,066 (+34%) from 2022

Expenses

Up

$298,118

Up $82,368 (+38%) from 2022

Net Income

Down

-$6,225

Down $8,302 (-400%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2015: $7,386Liabilities 2015: $0Net Assets 2015: $7,3862015Assets 2017: $6,845Liabilities 2017: $0Net Assets 2017: $6,8452017Assets 2021: $9,662Liabilities 2021: $0Net Assets 2021: $9,6622021Assets 2022: $11,699Liabilities 2022: $0Net Assets 2022: $11,6992022Assets 2023: $5,474Liabilities 2023: $0Net Assets 2023: $5,4742023

Highlighted filing

2023

Assets$5,474
Liabilities$0
Net Assets$5,474

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $108,682Expenses 2015: $107,310Net Income 2015: $1,3722015Revenue 2017: $181,943Expenses 2017: $182,508Net Income 2017: -$5652017Revenue 2021: $158,603Expenses 2021: $148,941Net Income 2021: $9,6622021Revenue 2022: $217,827Expenses 2022: $215,750Net Income 2022: $2,0772022Revenue 2023: $291,893Expenses 2023: $298,118Net Income 2023: -$6,2252023

Highlighted filing

2023

Revenue$291,893
Expenses$298,118
Net Income-$6,225

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 15, 2024
Return Version
2023v5.0
Gross Receipts
$291,893
Mission and Program Overview

Mission

Our mission is to provide educational child care for children 2-5 years of age.

Circle Time CDC is a non-profit, public preschool for children ages two to five years old. We believe every child deserves a safe place to grow, explore, learn and thrive. Our mission is to provide education based teaching using play based philosphies, so children can grow to their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,699$5,474▼ $6,225
Rtn Earn Endowment Incm Other Fnds$11,699$5,474▼ $6,225
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$11,699$5,474▼ $6,225
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,699$5,474▼ $6,225
Total Liabilities and Net Assets / Fund Balance$11,699$5,474▼ $6,225
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tanisha BrameCEO/DirectorFT$12,291$12,291

Board Members and Trustees

NameTitle
Guye BrameMember/IT
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$291,893
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-6,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$161,583
Salaries, Compensation, and Employee Benefits$136,535
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,311--$120,311
Occupancy$24,017--$24,017
Payroll Taxes$16,224--$16,224
Information Technology$12,575--$12,575
Fees for Services Other$11,900--$11,900
Office Expenses$10,938--$10,938
Other Expenses$9,701$0$0$9,701
Travel$7,145--$7,145
Advertising$4,083--$4,083
Total Functional Expenses$298,118$0$0$298,118
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
No
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, Section A, Line 2

The two board members at this time are married. Tanisha Brame and Guye Brame are the only board members at this time. We are currently looking for more board members.

Form 990, Part VI, Section A, Line 8B

Currently we only have two people on the board. The meetings are held with the both of us but we have no committees to govern over. All decisions are made with the members we have. When we are able to add more people to the board we will open up the idea of committees to allow for more direct management of the special tasks.

Form 990, Part VI, Section B, Line 11B

Once completed the form will be handed to the other board member, as the form is filled out by the other member. If there is any concerns or questions at the time of handed it over for review, these things can be addressed.

Form 990, Part VI, Section B, Line 12C

The other board member has been made aware of the conflict of interest policy. He keeps me aware of his financial pursuits, and they are screened to ensure they do not interfere with the center's mission, vision or conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Currently the CEO is also the Director for the center. As the center director the CEO has a W2. The way in which the salary was arranged was by default what the center could afford, after paying the staff at rates the match the industry standard. The amount the center directors make was significantly higher than what Circle Time CDC could currently afford. An arrangement was made to pay minimum wage for now, for the betterment of the center, at a flat rate per month. This would be a $1500 salary per month, until the center can sustain itself. Then the salary rate per month could be adjusted and/or renegotiated.

Form 990, Part VI, Section C, Line 19

We have all documents on property and are prepared at any time to share with the public, the information that they are asking. Our tax forms are made public and our governing documentation is listed with Community Care Licensing and can be accessed through them if need be.

Filing and Contact Details

Filer

Filer Name
Circle Time Child Development Center Inc
EIN
36-4695952
Phone
4085380200
Address
318 El Rancho Verde Dr, San Jose, CA 95116

Signing Officer

Name
Tanisha Brame
Title
CEO/Director
Phone
4085380200
Signed
2024-04-15

Organization Details

Principal Officer
Tanisha Brame
Formed
2011
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
1
Employees
0
Volunteers
0
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IRS990/Desc0One of the main goals for Circle Time CDC is ensuring that every child that comes into our program has the ability to thrive and learn. Children work best when they do not have to worry about their bodies ability to feel energized. This means that children need to properly feed everyday. Circle Time CDC provides hot meals throughout the day for every child in our program. We provide breakfast, lunch and snack everyday. A child's ability to learn is greatly hindered when they are unable to concentrate due to lack of food.
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IRS990/MissionDesc0Circle Time CDC is a non-profit organization that is dedicated to the educational growth and development of children 2 to 5 years of age. Circle Time is focused on creating and maintaining an environment that is not only conducive to learning but provides a safe haven where children can expand their creativity and thrive. Research supports and Circle Time values the developmental stages of all children. It is our belief that all children have unique learning styles, varied interests, individual temperaments and different rates of development. The importance of the environment to be a place where new experiences can happen and new ways of focused exploration can be encouraged, is a vital part of Circle Time's philosophy and values.
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Tanisha Brame
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/Desc0Child Care Tuition
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0279286
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0279286
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Our second major accomplishment for the year is the consistency of providing quality education through various resources. We take pride in the fact that we offer a summer program for our children. During the summer to make sure our children stay safe and healthy, while also feeling the summer spirit, we bring all of those activities to our center. We open our doors and allow various vendors to come and share with the children. It is a great way for the community resources to come and share what they do with our children. As well as allow the children to learn and explore during the summer. We have everything from veterans on Veteran's day to animals during farm week. The children ask questions, expand their learning and knowledge. To cap the end of the year off, as all of our children stay with us throughout the summer, we have a huge celebration in August. All of our kindergarten children are celebrated in August, right before their new journey begins in kindergarten. This is a grand celebration of one journey finishing and another beginning. We also have mini celebrations throughout the year where we get the opportunity to lavish love on the parents and be a welcomed resource for the entire family. In Christmas we have a party with gifts for the entire family, Thanksgiving is a feast for the family with food going home. During Halloween we have safe trick or treating and for ever child's birthday we take the time to celebrate them. We believe that the family as a whole is the responsiblity of our program. Once a child comes into our center we take the whole family in.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt020601
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Another great accomplishment for Circle Time CDC is the changing we consistently do to maintain a safe environment. We look to make changes in the program to keep the children's interest, continuously challenge their thinking and to make sure the children maintain a healthy sense of interest. This is important because we want to make sure that we serve the total child. Each part of their learning is of great importance. Keeping a healthy balance of interest, so they want to try something new and learn is invaluable.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt019803
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0This would include all other expenses that are required for working. Payroll expenses, taxes on payroll 136,534.84, subcontractors/child care careers/janitorial 2099.06 Rent and utilities 19,575.34 Grounds and outdoor upkeep; including playground material and supplies Repair supplies (fixing broken items and other jobs of this nature) 7,593.78 Permits to stay open such as; Fire Marshall, licensing 1567.50 Office supplies 9438.63 and advertising materials 2082.58 Travel, meetings/trainings 5145.18 and staff appreciation 7,134.18 Pet supplies and general care 1,660.21. Reimbursements for overpayments 913 and Insurance expense 2,874.16 and miscellaneous expenses 7,109.69
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0231622
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019622
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0117877
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0198205
IRS990/PYRevenuesLessExpensesAmt02077
IRS990/PYSalariesCompEmpBnftPaidAmt097873
IRS990/PYTotalExpensesAmt0215750
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0217827
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6225
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011699
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05474
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019622
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030781
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050403
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01022127
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IRS990ScheduleA/InvestmentIncomeCYPct00
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