Civic Intelligence

The Childcare Network

EIN 54-1744871 • 501(c)3 • Fredericksburg, VA

Profile

Provide childcare resources and referral services and respite care referrals to the community.

2117 Lafayette BlvdFredericksburg, VA 22401

n/A

Siviq Scores

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

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.16x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

30th percentile

-5.0%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

23%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$163,038

Up $30,362 (+23%) from 2021

Liabilities

Up

$134,480

Up $71,684 (+114%) from 2021

Net Assets

Down

$28,558

Down $41,322 (-59%) from 2021

Revenue

Up

$843,097

Up $80,592 (+11%) from 2021

Expenses

Up

$885,388

Up $156,610 (+21%) from 2021

Net Income

Down

-$42,291

Down $76,018 (-225%) from 2021

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2011: $153,693Liabilities 2011: $75,589Net Assets 2011: $78,1042011Assets 2012: $164,480Liabilities 2012: $87,811Net Assets 2012: $76,6692012Assets 2013: $112,910Liabilities 2013: $72,670Net Assets 2013: $40,2402013Assets 2014: $96,513Liabilities 2014: $72,986Net Assets 2014: $23,5272014Assets 2015: $132,389Liabilities 2015: $115,620Net Assets 2015: $16,7692015Assets 2016: $106,674Liabilities 2016: $111,042Net Assets 2016: -$4,3682016Assets 2017: $191,685Liabilities 2017: $161,706Net Assets 2017: $29,9792017Assets 2018: $143,568Liabilities 2018: $119,111Net Assets 2018: $24,4572018Assets 2019: $189,389Liabilities 2019: $129,290Net Assets 2019: $60,0992019Assets 2020: $116,836Liabilities 2020: $80,683Net Assets 2020: $36,1532020Assets 2021: $132,676Liabilities 2021: $62,796Net Assets 2021: $69,8802021Assets 2022: $163,038Liabilities 2022: $134,480Net Assets 2022: $28,5582022

Highlighted filing

2022

Assets$163,038
Liabilities$134,480
Net Assets$28,558

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $839,912Expenses 2011: $818,471Net Income 2011: $21,4412011Revenue 2012: $779,198Expenses 2012: $780,633Net Income 2012: -$1,4352012Expenses 2013: $730,8852013Revenue 2014: $709,366Expenses 2014: $726,079Net Income 2014: -$16,7132014Revenue 2015: $780,878Expenses 2015: $787,636Net Income 2015: -$6,7582015Revenue 2016: $735,250Expenses 2016: $756,387Net Income 2016: -$21,1372016Revenue 2017: $879,537Expenses 2017: $842,431Net Income 2017: $37,1062017Revenue 2018: $814,657Expenses 2018: $820,179Net Income 2018: -$5,5222018Revenue 2019: $851,499Expenses 2019: $815,857Net Income 2019: $35,6422019Revenue 2020: $711,396Expenses 2020: $735,342Net Income 2020: -$23,9462020Revenue 2021: $762,505Expenses 2021: $728,778Net Income 2021: $33,7272021Revenue 2022: $843,097Expenses 2022: $885,388Net Income 2022: -$42,2912022

Highlighted filing

2022

Revenue$843,097
Expenses$885,388
Net Income-$42,291

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.0
Gross Receipts
$843,792
Mission and Program Overview

Mission

Provide childcare resources and referral services and respite care referrals to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$127,611$139,224▲ $11,613
Cash and Non-Interest-Bearing Accounts$1,482$19,919▲ $18,437
Prepaid Expenses and Deferred Charges$1,878$2,478▲ $600
Land, Buildings, and Equipment, Net$1,705$1,417▼ $288
Total Assets$132,676$163,038▲ $30,362
Liabilities
Accounts Payable and Accrued Expenses$55,987$130,719▲ $74,732
Other Liabilities$6,809$3,761▼ $3,048
Total Liabilities$62,796$134,480▲ $71,684
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$69,880$28,558▼ $41,322
Total Net Assets Fund Balance$69,880$28,558▼ $41,322
Total Liabilities and Net Assets / Fund Balance$132,676$163,038▲ $30,362

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,417$2,968$4,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Donna Wilson-pealExecutive DiFT$47,635$47,635
Regina MaloneyTreasurerFT$22,644$22,644

Board Members and Trustees

NameTitle
Kevin HandleyPresident
Danielle DavisBoard Member
Jenna MartinBoard Member
Lana IngramBoard Member
Teresa ConourBoard Member
Tom ChengBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$207,917
Program Service Revenue
$635,527
Investment Income
$-695
Other Revenue
$348
All Other Contributions
$312
Change in Net Assets
$-42,291

Audited Revenue Reconciliation

Revenue per Audited Statements
$207,570
Revenue Not Reported on Financial Statements
$635,527
Other Revenue Adjustments
$635,527
Total Revenue per Audited Statements
$207,570
Total Revenue per Form 990
$843,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$692,605
Salaries, Compensation, and Employee Benefits$192,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$102,041$18,135-$120,176
Current Officers, Directors, Trustees, and Key Employees$46,866$8,329-$55,195
Fees for Services Accounting$24,113--$24,113
Payroll Taxes$10,317$3,208-$13,525
Travel$7,640--$7,640
Occupancy$7,316--$7,316
Office Expenses$5,897--$5,897
All Other Expenses$5,363$184-$5,547
Insurance$4,625$161-$4,786
Pension Plan Contributions$3,434$453-$3,887
Other Expenses$2,825--$2,825
Depreciation Depletion-$435-$435
Fees for Services Other$18--$18
Total Functional Expenses$854,483$30,905$0$885,388

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$885,388
Expenses Not Reported on Financial Statements$605,759
Other Expense Adjustments$605,759
Expenses per Audited Statements$279,629
Total Expenses per Audited Statements$279,629
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$3,761
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director prior to filing with the irs.

Form 990, Page 6, Part VI, Line 15A

Board of directors review and adjust executive director's salary.

Form 990, Page 6, Part VI, Line 19

Available at organization office upon request.

Filing and Contact Details

Filer

Filer Name
The Childcare Network
EIN
54-1744871
Address
2117 LAFAYETTE BLVD, FREDERICKSBURG, VA 22401

Signing Officer

Name
Donna Wilson-peal
Title
Executive Director
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Wilson-peal
Formed
1995
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
6
Employees
11
Volunteers
5

Preparer

Firm
Robinson Farmer Cox Associates
Address
530 WESTFIELD RD, CHARLOTTESVILLE, VA 22901-1726
Preparer
Andrew P Grossnickle
Phone
4349738314
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization follows fasb asc 740 in measurement and disclosure of uncertain tax positions. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Schedule D, Page 4, Part XI, Line 4B

Provider funds receipts 635,527

Schedule D, Page 4, Part XII, Line 4B

Provider funds disbursements 605,759

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS FASB ASC 740 IN MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PROVIDER FUNDS RECEIPTS 635,527
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PROVIDER FUNDS DISBURSEMENTS 605,759
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEW AND ADJUST EXECUTIVE DIRECTOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE AT ORGANIZATION OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/WebsiteAddressTxt0WWW.THECHILDCARENETWORK.ORG
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA WILSON-PEAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CHILDCARE NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0CHIL
ReturnHeader/Filer/EIN0541744871
ReturnHeader/Filer/USAddress/AddressLine1Txt02117 LAFAYETTE BLVD
ReturnHeader/Filer/USAddress/CityNm0FREDERICKSBURG
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541896113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBINSON FARMER COX ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0530 WESTFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
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ReturnHeader/PreparerPersonGrp/PhoneNum04349738314
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW P GROSSNICKLE
ReturnHeader/ReturnTs02023-05-15T09:12:43-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DONNA

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