Civic Intelligence

The Childcare Network

990 • Fiscal year 2015 • EIN 54-1744871

Jul 01, 2014 to Jun 30, 2015 • Filed on May 12, 2016

4701 Market Street D No Ste DFredericksburg, VA 22408

(540) 373-3275

Siviq Scores

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

Liabilities / Assets

91st percentile

0.87x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.15x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

37th percentile

-0.9%

Higher net margin than 37% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$62,301

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$132,389

Up $35,876 (+37%) from 2014

Net Assets

Down

$16,769

Down $6,758 (-29%) from 2014

Liabilities

Up

$115,620

Up $42,634 (+58%) from 2014

Revenue

Up

$780,878

Up $71,512 (+10%) from 2014

Expenses

Up

$787,636

Up $61,557 (+8.5%) from 2014

Net Income

Up

-$6,758

Up $9,955 (+60%) from 2014

Historical Trend

Balance Sheet Trend

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

$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

2015

Assets$132,389
Liabilities$115,620
Net Assets$16,769

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$780,878
Expenses$787,636
Net Income-$6,758
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$781,443
Mission and Program Overview

Mission

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

Childcare resource and referral services to the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$72,223$108,798▲ $36,575
Cash and Non-Interest-Bearing Accounts$19,218$19,957▲ $739
Prepaid Expenses and Deferred Charges$2,903$1,902▼ $1,001
Land, Buildings, and Equipment, Net$2,169$1,732▼ $437
Total Assets$96,513$132,389▲ $35,876
Liabilities
Accounts Payable and Accrued Expenses$17,465$83,687▲ $66,222
Other Liabilities$55,521$31,933▼ $23,588
Total Liabilities$72,986$115,620▲ $42,634
Net Assets / Fund Balance
Unrestricted Net Assets$23,527$16,769▼ $6,758
Total Net Assets Fund Balance$23,527$16,769▼ $6,758
Total Liabilities and Net Assets / Fund Balance$96,513$132,389▲ $35,876

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,298$4,298$5,596
Other Land Buildings$434$39$473
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Regina MaloneyTreasurer/executive DirectFT$62,301$62,301

Board Members and Trustees

NameTitle
Jeff LewisPresident
Jackie HontzBoard Member
Kevin HandleyBoard Member
Lana IngramBoard Member
Caroline ParrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$241,449
Program Service Revenue
$539,532
Investment Income
$-103
Other Revenue
$0
All Other Contributions
$2,138
Change in Net Assets
$-6,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$296,096
Revenue Not Reported on Financial Statements
$484,782
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$484,782
Total Revenue per Audited Statements
$296,096
Total Revenue per Form 990
$780,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$597,690
Salaries, Compensation, and Employee Benefits$189,946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,315--$110,315
Current Officers, Directors, Trustees, and Key Employees$55,240$7,061-$62,301
Fees for Services Accounting$14,500--$14,500
Payroll Taxes$12,665$540-$13,205
All Other Expenses$8,922$3,267-$12,189
Other Expenses$9,704$160-$9,864
Occupancy$9,419--$9,419
Other Employee Benefits$3,765$360-$4,125
Insurance$3,572--$3,572
Office Expenses$2,210$108-$2,318
Depreciation Depletion-$469-$469
Travel$33--$33
Total Functional Expenses$775,671$11,965$0$787,636

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$787,636
Expenses Not Reported on Financial Statements$484,782
Other Expense Adjustments$484,782
Expenses per Audited Statements$302,854
Total Expenses per Audited Statements$302,854
Expenses Not Reported on Form 990$0
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
Accred Payroll$18,955
Accrued Vacation Pay$6,635
Accrued Payroll Taxes$4,843
Other Payable$1,500
Governance and Compliance

Governance Checklist

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

A copy of the tax return was made available to the board of directors at the organization's office prior to filing with the irs.

Form 990, Part VI, Section C, Line 19

Available at organization office upon request.

Filing and Contact Details

Filer

Filer Name
The Childcare Network
EIN
54-1744871
Phone
5403733275
Address
4701 MARKET STREET D NO STE D, FREDERICKSBURG, VA 22408

Signing Officer

Name
Regina Maloney
Title
Executive Director/treasurer
Phone
5403733275
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Regina Maloney
Formed
1995
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
5
Employees
6
Volunteers
5

Preparer

Firm
Bowling Franklin & Collp
Address
1207 CHARLES STREET, FREDERICKSBURG, VA 22401
Preparer
Harry D Dickinson
Phone
5403738973
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization adopted the provisions of accounting standards regarding uncertainty in income tax positions; however, management does not believe it is exposed to any such positions as they are defined in the accounting standards. The organization files irs form 990, return of organization exempt from income tax annually.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Provider funds receipts 484,782.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Provider funds disbursements 484,782.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0539532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0540916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0527845
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt023439
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01648177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0179
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0333
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0849
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt02665963
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0780981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0709354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0694557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0216272
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0264799
IRS990ScheduleA/Total509Grp/TotalAmt02665963
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0780983
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0709366
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0694736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0216605
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0265122
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02666812
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01298
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04298
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05596
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0484782
IRS990ScheduleD/ExpensesSubtotalAmt0302854
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt0484782
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0434
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118955
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24843
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt36635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED VACATION PAY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0484782
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0484782
IRS990ScheduleD/RevenueSubtotalAmt0296096
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS REGARDING UNCERTAINTY IN INCOME TAX POSITIONS; HOWEVER, MANAGEMENT DOES NOT BELIEVE IT IS EXPOSED TO ANY SUCH POSITIONS AS THEY ARE DEFINED IN THE ACCOUNTING STANDARDS. THE ORGANIZATION FILES IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX ANNUALLY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PROVIDER FUNDS RECEIPTS 484,782.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PROVIDER FUNDS DISBURSEMENTS 484,782.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01732
IRS990ScheduleD/TotalExpensesPerForm990Amt0787636
IRS990ScheduleD/TotalLiabilityAmt031933
IRS990ScheduleD/TotalRevenuePerForm990Amt0780878
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0296096
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0302854
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS AT THE ORGANIZATION'S OFFICE PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE AT ORGANIZATION OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt096513
IRS990/TotalAssetsEOYAmt0132389
IRS990/TotalAssetsGrp/BOYAmt096513
IRS990/TotalAssetsGrp/EOYAmt0132389
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0241449
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011965
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0775671
IRS990/TotalFunctionalExpensesGrp/TotalAmt0787636
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072986
IRS990/TotalLiabilitiesEOYAmt0115620
IRS990/TotalLiabilitiesGrp/BOYAmt072986
IRS990/TotalLiabilitiesGrp/EOYAmt0115620
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023527
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016769
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0375
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0375
IRS990/TotalProgramServiceExpensesAmt0775671
IRS990/TotalProgramServiceRevenueAmt0539532
IRS990/TotalReportableCompFromOrgAmt062301
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0539427
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0780878
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt096513
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0132389
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt033
IRS990/TravelGrp/TotalAmt033
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt023527

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