Civic Intelligence

Childrens Resource Fund Inc.

990 • Fiscal year 2014 • EIN 59-2712689

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2015

8571 SW 112 St33156

(305) 596-6966

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.06x

Higher debt load relative to revenue than 24% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

54th percentile

3.7%

Higher net margin than 54% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

51st percentile

$120,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

44th percentile

1.3%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2014

Assets

Up

$5,237,102

Up $64,716 (+1.3%) from 2013

Net Assets

Up

$5,152,095

Up $50,549 (+1.0%) from 2013

Liabilities

Up

$85,007

Up $14,167 (+20%) from 2013

Revenue

$1,359,164

No earlier filing loaded for comparison.

Expenses

Up

$1,308,615

Up $115,263 (+9.7%) from 2013

Net Income

$50,549

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,154,098Liabilities 2011: $180Net Assets 2011: $5,153,9182011Assets 2012: $5,187,115Liabilities 2012: $129,987Net Assets 2012: $5,057,1282012Assets 2013: $5,172,386Liabilities 2013: $70,840Net Assets 2013: $5,101,5462013Assets 2014: $5,237,102Liabilities 2014: $85,007Net Assets 2014: $5,152,0952014Assets 2015: $5,381,810Liabilities 2015: $84,001Net Assets 2015: $5,297,8092015Assets 2016: $6,200,936Liabilities 2016: $131,267Net Assets 2016: $6,069,6692016Assets 2017: $6,197,737Liabilities 2017: $84,863Net Assets 2017: $6,112,8742017Assets 2018: $6,079,538Liabilities 2018: $110,476Net Assets 2018: $5,969,0622018Assets 2019: $5,944,542Liabilities 2019: $200,570Net Assets 2019: $5,743,9722019Assets 2020: $5,848,471Liabilities 2020: $113,933Net Assets 2020: $5,734,5382020Assets 2021: $5,955,788Liabilities 2021: $112,195Net Assets 2021: $5,843,5932021Assets 2022: $5,546,850Liabilities 2022: $140,452Net Assets 2022: $5,406,3982022Assets 2023: $5,374,031Liabilities 2023: $193,433Net Assets 2023: $5,180,5982023Assets 2024: $5,269,366Liabilities 2024: $62,362Net Assets 2024: $5,207,0042024

Highlighted filing

2014

Assets$5,237,102
Liabilities$85,007
Net Assets$5,152,095

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,157,044Expenses 2011: $1,156,724Net Income 2011: $3202011Revenue 2012: $1,110,418Expenses 2012: $1,117,814Net Income 2012: -$7,3962012Expenses 2013: $1,193,3522013Revenue 2014: $1,359,164Expenses 2014: $1,308,615Net Income 2014: $50,5492014Revenue 2015: $1,543,159Expenses 2015: $1,423,449Net Income 2015: $119,7102015Revenue 2016: $2,510,899Expenses 2016: $1,739,039Net Income 2016: $771,8602016Revenue 2017: $1,990,411Expenses 2017: $1,813,878Net Income 2017: $176,5332017Revenue 2018: $1,671,102Expenses 2018: $1,706,085Net Income 2018: -$34,9832018Revenue 2019: $1,672,845Expenses 2019: $1,762,707Net Income 2019: -$89,8622019Revenue 2020: $1,642,078Expenses 2020: $1,609,515Net Income 2020: $32,5632020Revenue 2021: $1,628,507Expenses 2021: $1,506,020Net Income 2021: $122,4872021Revenue 2022: $1,425,733Expenses 2022: $1,585,138Net Income 2022: -$159,4052022Revenue 2023: $1,680,466Expenses 2023: $1,795,775Net Income 2023: -$115,3092023Revenue 2024: $1,837,944Expenses 2024: $1,884,662Net Income 2024: -$46,7182024

Highlighted filing

2014

Revenue$1,359,164
Expenses$1,308,615
Net Income$50,549
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$1,359,164
Mission and Program Overview

Mission

Childrens resource provides an affordable, private early learning program for children 18 months to 8 years of age.

Special needs children school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,681,220$1,744,119▲ $62,899
Investments in Publicly Traded Securities$1,273,734$1,701,137▲ $427,403
Savings and Temporary Cash Investments$1,809,814$1,491,209▼ $318,605
Cash and Non-Interest-Bearing Accounts$363,570$238,301▼ $125,269
Prepaid Expenses and Deferred Charges$22,554$51,854▲ $29,300
Accounts Receivable$21,194$8,078▼ $13,116
Other Notes and Loans Receivable, Net$300$2,404▲ $2,104
Total Assets$5,172,386$5,237,102▲ $64,716
Liabilities
Accounts Payable and Accrued Expenses$70,840$85,007▲ $14,167
Total Liabilities$70,840$85,007▲ $14,167
Net Assets / Fund Balance
Unrestricted Net Assets$5,101,546$5,152,095▲ $50,549
Total Net Assets Fund Balance$5,101,546$5,152,095▲ $50,549
Total Liabilities and Net Assets / Fund Balance$5,172,386$5,237,102▲ $64,716

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,252,678$367,369-
Other Land Buildings$106,418$208,134-
Land$300,000--
Leasehold Improvements$85,023$278,439-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rxana RapaportExec DirectorFT$120,000$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$439,201
Program Service Revenue
$787,137
Investment Income
$109,474
Other Revenue
$23,352
Change in Net Assets
$50,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$846,819
Other Expenses$461,796
Total Fundraising Expense$218,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$669,430--$669,430
All Other Expenses$7,229$35,284$218,656$261,169
Current Officers, Directors, Trustees, and Key Employees-$120,000-$120,000
Depreciation Depletion-$60,299-$60,299
Payroll Taxes$48,209$9,180-$57,389
Other Expenses---$56,216
Insurance-$33,091-$33,091
Office Expenses-$12,839-$12,839
Fees for Services Other$4,830$1,250-$6,080
Advertising-$4,700-$4,700
Total Functional Expenses$754,676$335,283$218,656$1,308,615
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$390,070$390,070$138,826$251,244
Event 2$23,012$23,012-$23,012
Total Events$439,201$439,201$138,826$300,375
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990 Part VI Question 11B

The accountant or bookkeeper who prepares form 990 attends a board meeting and explains the form to board members and officers. This process is vital for their understanding of its oversight role in connection with the filing of form 990

Continued Part VI Question 11B

Accountant or bookkeeper is to meet with the board at least twice a year for orientation of new board members and or review possible changes to reporting rules and regulations.

Form 990 Part VI Question 19

Childrens resource fund inc makes its financial records and return of organization exempt from income tax (form 990) available for public inspection during regular business hours at their office monday through friday 8:30am to 4:30pm

Continued Part VI Question 19

Copies of form 990 can be provided at 2 dollars per page this form is also available for viewing at the following websites:www.guidestar.org www.foundationcenter.org and www.nccw.urban.org

Filing and Contact Details

Filer

EIN
59-2712689
Phone
3055966966

Signing Officer

Name
Peggy Armaly
Title
Chairperson
Signed
2015-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peggy Armaly
Voting Board Members
9
Independent Board Members
9
Employees
29
Volunteers
20

Preparer

Preparer
Frank O Socarras
Phone
3054205326
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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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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0278439
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0363462
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0106418
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0208134
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0314552
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01744119
IRS990ScheduleD/WrittenPolicyMonitoringInd0true
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0138826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0390070
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt026119
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0439201
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0390070
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt026119
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0439201
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0DONATIONS
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0300375
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0138826
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0138826
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTANT OR BOOKKEEPER WHO PREPARES FORM 990 ATTENDS A BOARD MEETING AND EXPLAINS THE FORM TO BOARD MEMBERS AND OFFICERS. THIS PROCESS IS VITAL FOR THEIR UNDERSTANDING OF ITS OVERSIGHT ROLE IN CONNECTION WITH THE FILING OF FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTANT OR BOOKKEEPER IS TO MEET WITH THE BOARD AT LEAST TWICE A YEAR FOR ORIENTATION OF NEW BOARD MEMBERS AND OR REVIEW POSSIBLE CHANGES TO REPORTING RULES AND REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHILDRENS RESOURCE FUND INC MAKES ITS FINANCIAL RECORDS AND RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) AVAILABLE FOR PUBLIC INSPECTION DURING REGULAR BUSINESS HOURS AT THEIR OFFICE MONDAY THROUGH FRIDAY 8:30AM TO 4:30PM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF FORM 990 CAN BE PROVIDED AT 2 DOLLARS PER PAGE THIS FORM IS ALSO AVAILABLE FOR VIEWING AT THE FOLLOWING WEBSITES:WWW.GUIDESTAR.ORG WWW.FOUNDATIONCENTER.ORG AND WWW.NCCW.URBAN.ORG
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART VI QUESTION 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CONTINUED PART VI QUESTION 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART VI QUESTION 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CONTINUED PART VI QUESTION 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05172386
IRS990/TotalAssetsEOYAmt05237102
IRS990/TotalAssetsGrp/BOYAmt05172386
IRS990/TotalAssetsGrp/EOYAmt05237102
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0439201
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0218656
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0335283
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0754676
IRS990/TotalFunctionalExpensesGrp/TotalAmt01308615
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt070840
IRS990/TotalLiabilitiesEOYAmt085007
IRS990/TotalLiabilitiesGrp/BOYAmt070840
IRS990/TotalLiabilitiesGrp/EOYAmt085007
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05101546
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05152095
IRS990/TotalProgramServiceExpensesAmt01308616
IRS990/TotalProgramServiceRevenueAmt0787137
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0919963
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01359164
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05172386
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05237102
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05101546
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05152095
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine107141 SW 136 STREET
IRS990/USAddress/City0PINECREST
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode033156
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PEGGY ARMALY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10CHILDRENS RESOURCE FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0CHIL
ReturnHeader/Filer/EIN0592712689
ReturnHeader/Filer/PhoneNum03055966966
ReturnHeader/Filer/USAddress/AddressLine108571 SW 112 ST
ReturnHeader/Filer/USAddress/City0MIAMI
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode033156
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204077242
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SOCARRAS & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10250 CATALONIA AVE STE 504
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode033134
ReturnHeader/PreparerPersonGrp/PhoneNum03054205326
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK O SOCARRAS
ReturnHeader/ReturnTs02015-02-12T17:05:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.27$0.06$5.21$1.84$1.88$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$0.19$5.18$1.68$1.80$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$0.14$5.41$1.43$1.59$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.96$0.11$5.84$1.63$1.51$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$0.11$5.73$1.64$1.61$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$0.20$5.74$1.67$1.76$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.08$0.11$5.97$1.67$1.71$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.08$6.11$1.99$1.81$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.13$6.07$2.51$1.74$0.77
2015Detailed filing. Detailed filing data is available for this year.$5.38$0.08$5.30$1.54$1.42$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.24$0.09$5.15$1.36$1.31$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$0.07$5.10$1.19
2012Summary only. Only limited summary data is available for this year.$5.19$0.13$5.06$1.11$1.12$0.01
2011Summary only. Only limited summary data is available for this year.$5.15$0.00$5.15$1.16$1.16$0.00