Civic Intelligence

Advance Child Care Inc.

990 • Fiscal year 2018 • EIN 75-2294531

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

523 W 1st AveCorsicana, TX 75110

(903) 872-5231

Siviq Scores

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

Liabilities / Assets

58th percentile

0.29x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

19th percentile

0.06x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

37th percentile

0.2%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$154,222

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

31st percentile

-2.3%

Faster asset growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

19%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,296,000

Down $75,874 (-2.3%) from 2017

Net Assets

Up

$2,331,108

Up $37,027 (+1.6%) from 2017

Liabilities

Down

$964,892

Down $112,901 (-10%) from 2017

Revenue

Up

$16,763,838

Up $2,681,009 (+19%) from 2017

Expenses

Up

$16,726,255

Up $2,555,054 (+18%) from 2017

Net Income

Up

$37,583

Up $125,955 (+143%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $790,706Liabilities 2010: $757,519Net Assets 2010: $33,1872010Assets 2011: $1,317,861Liabilities 2011: $1,278,099Net Assets 2011: $39,7622011Assets 2012: $1,971,653Liabilities 2012: $1,535,277Net Assets 2012: $436,3762012Assets 2013: $2,164,077Liabilities 2013: $1,759,940Net Assets 2013: $404,1372013Assets 2014: $2,308,565Liabilities 2014: $1,817,072Net Assets 2014: $491,4932014Assets 2015: $2,368,518Liabilities 2015: $1,706,814Net Assets 2015: $661,7042015Assets 2016: $3,234,035Liabilities 2016: $815,731Net Assets 2016: $2,418,3042016Assets 2017: $3,371,874Liabilities 2017: $1,077,793Net Assets 2017: $2,294,0812017Assets 2018: $3,296,000Liabilities 2018: $964,892Net Assets 2018: $2,331,1082018Assets 2019: $3,345,236Liabilities 2019: $1,043,259Net Assets 2019: $2,301,9772019Assets 2020: $3,184,040Liabilities 2020: $1,221,272Net Assets 2020: $1,962,7682020Assets 2021: $3,473,974Liabilities 2021: $1,181,632Net Assets 2021: $2,292,3422021Assets 2022: $3,674,252Liabilities 2022: $1,370,861Net Assets 2022: $2,303,3912022Assets 2023: $9,215,412Liabilities 2023: $6,329,073Net Assets 2023: $2,886,3392023Assets 2024: $7,538,374Liabilities 2024: $4,626,303Net Assets 2024: $2,912,0712024

Highlighted filing

2018

Assets$3,296,000
Liabilities$964,892
Net Assets$2,331,108

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $4,547,9672010Revenue 2011: $5,180,471Expenses 2011: $5,140,709Net Income 2011: $39,7622011Revenue 2012: $6,385,863Expenses 2012: $6,447,192Net Income 2012: -$61,3292012Revenue 2013: $6,475,773Expenses 2013: $6,508,012Net Income 2013: -$32,2392013Revenue 2014: $7,418,105Expenses 2014: $7,330,749Net Income 2014: $87,3562014Revenue 2015: $8,743,346Expenses 2015: $8,573,135Net Income 2015: $170,2112015Revenue 2016: $11,967,284Expenses 2016: $10,890,270Net Income 2016: $1,077,0142016Revenue 2017: $14,082,829Expenses 2017: $14,171,201Net Income 2017: -$88,3722017Revenue 2018: $16,763,838Expenses 2018: $16,726,255Net Income 2018: $37,5832018Revenue 2019: $18,354,357Expenses 2019: $18,392,983Net Income 2019: -$38,6262019Revenue 2020: $15,968,405Expenses 2020: $16,307,614Net Income 2020: -$339,2092020Revenue 2021: $18,615,609Expenses 2021: $18,264,530Net Income 2021: $351,0792021Revenue 2022: $21,237,457Expenses 2022: $21,220,819Net Income 2022: $16,6382022Revenue 2023: $25,661,833Expenses 2023: $25,051,627Net Income 2023: $610,2062023Revenue 2024: $27,112,895Expenses 2024: $27,178,043Net Income 2024: -$65,1482024

Highlighted filing

2018

Revenue$16,763,838
Expenses$16,726,255
Net Income$37,583
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Gross Receipts
$16,763,838
Mission and Program Overview

Mission

To provide free financial and managerial support to licensed childcare and at risk agencies who provide child care and child nutrition services to dependant aged children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,207,680$2,130,693▼ $76,987
Accounts Receivable$1,119,920$1,122,901▲ $2,981
Land, Buildings, and Equipment, Net$32,093$22,114▼ $9,979
Cash and Non-Interest-Bearing Accounts$9,287$20,292▲ $11,005
Prepaid Expenses and Deferred Charges$2,894--
Total Assets$3,371,874$3,296,000▼ $75,874
Liabilities
Accounts Payable and Accrued Expenses$981,901$942,271▼ $39,630
Mortgage Notes Payable Secured by Investment Property$95,892$22,621▼ $73,271
Total Liabilities$1,077,793$964,892▼ $112,901
Net Assets / Fund Balance
Unrestricted Net Assets$2,294,081$2,331,108▲ $37,027
Total Net Assets Fund Balance$2,294,081$2,331,108▲ $37,027
Total Liabilities and Net Assets / Fund Balance$3,371,874$3,296,000▼ $75,874

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,114$37,344$59,458
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Max TaylorPresidentCEOFT$154,222$154,222
Shawn PringleDirector of Business DevelopmFT$154,222$154,222
Shawn PringleDirector of Business Development-$154,222$154,222

Board Members and Trustees

NameTitle
Richard TateChair Person
Laura LedfordVice President
Robert T MooreSecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$16,654,045
Investment Income
$109,793
Other Revenue
$0
Change in Net Assets
$37,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,195,213
Salaries, Compensation, and Employee Benefits$1,531,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,018,673--$1,018,673
Current Officers, Directors, Trustees, and Key Employees$246,755$61,689-$308,444
Information Technology$235,612$58,902-$294,514
All Other Expenses$102,838$25,709-$128,547
Other Employee Benefits$107,689--$107,689
Payroll Taxes$96,236--$96,236
Travel$31,421$7,856-$39,277
Occupancy$24,350$6,088-$30,438
Interest$18,963$4,741-$23,704
Other Expenses$19,397--$19,397
Insurance$13,048$5,397-$18,445
Depreciation Depletion$9,979--$9,979
Fees for Services Accounting$4,254$1,064-$5,318
Advertising$80$20-$100
Total Functional Expenses$16,554,789$171,466$0$16,726,255
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Max TaylorCEORent on office buildingNo-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Officer directors etc family relationship Part VI line 2

Max Taylor is CEO and Father-in-law of Shawn Pringle, key employee

Form 990 governing body review Part VI line 11

990 is available for all Board Members to review individually and also reviewed during Board Meetings

Conflict of interest policy compliance Part VI line 12C

Policy is reviewed during training with supervisors, administration, and new employees

CEO executive director top management comp Part VI line 15A

Salary studies with comparable companies in the industry for administration

Other officer or key employee compensation Part VI line 15B

Salary studies with comparable companies in the industry for employees

Governing documents etc available to public Part VI line 19

Available upon request in written manuals

Filing and Contact Details

Filer

Filer Name
Advance Child Care Inc
EIN
75-2294531
Address
523 W 1st Ave, Corsicana, TX 75110

Signing Officer

Name
Max Taylor
Title
CEO
Phone
9038725231
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Max Taylor
Formed
1989
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
3
Employees
34

Preparer

Firm
Russell P Hudson Bookkeeping & Tax
Address
601 W 1st Ave, Corsicana, TX 75110
Preparer
Russell Hudson
Phone
9038752136
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt012322
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IRS990ScheduleA/PublicSupportCY509Pct00.99560
IRS990ScheduleA/PublicSupportPY509Pct00.99640
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016654045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013970508
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011940883
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08730518
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07418089
IRS990ScheduleA/Total509Grp/TotalAmt058714043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016763838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt014082829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt011967284
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08743346
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07418105
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt058975402
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt037344
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059458
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022114
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IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154222
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1154222
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Shawn Pringle
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Max Taylor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director of Business Development
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PresidentCEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154222
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154222
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Max Taylor
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Rent on office building
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Max Taylor is CEO and Father-in-law of Shawn Pringle, key employee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 is available for all Board Members to review individually and also reviewed during Board Meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Policy is reviewed during training with supervisors, administration, and new employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salary studies with comparable companies in the industry for administration
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Salary studies with comparable companies in the industry for employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Available upon request in written manuals
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt03296000
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0171466
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016554789
IRS990/TotalFunctionalExpensesGrp/TotalAmt016726255
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01077793
IRS990/TotalLiabilitiesEOYAmt0964892
IRS990/TotalLiabilitiesGrp/BOYAmt01077793
IRS990/TotalLiabilitiesGrp/EOYAmt0964892
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02294081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02331108
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt016554789
IRS990/TotalProgramServiceRevenueAmt016654045
IRS990/TotalReportableCompFromOrgAmt0308444
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016763838
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016763838
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03371874
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03296000
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07856
IRS990/TravelGrp/ProgramServicesAmt031421
IRS990/TravelGrp/TotalAmt039277
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02294081
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02331108
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Max Taylor
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09038725231
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Advance Child Care Inc
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0752294531
ReturnHeader/Filer/USAddress/AddressLine1Txt0523 W 1st Ave
ReturnHeader/Filer/USAddress/CityNm0Corsicana
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075110
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04A4DEB94EE48287949E79903333C626FCFCA89DA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04A4DEB94EE48287949E79903333C626FCFCA89DA
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId075604720193025bsjdtw
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-10-29
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.198.35.203
ReturnHeader/FilingSecurityInformation/IPDt02019-10-29
ReturnHeader/FilingSecurityInformation/IPTm010:27:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562514125
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Russell P Hudson Bookkeeping & Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 W 1st Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Corsicana
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075110

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.54$4.63$2.91$27.1$27.2$0.07
2023Detailed filing. Detailed filing data is available for this year.$9.22$6.33$2.89$25.7$25.1$0.61
2022Detailed filing. Detailed filing data is available for this year.$3.67$1.37$2.30$21.2$21.2$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.47$1.18$2.29$18.6$18.3$0.35
2020Detailed filing. Detailed filing data is available for this year.$3.18$1.22$1.96$16.0$16.3$0.34
2019Detailed filing. Detailed filing data is available for this year.$3.35$1.04$2.30$18.4$18.4$0.04
2018Detailed filing. Detailed filing data is available for this year.$3.30$0.96$2.33$16.8$16.7$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.37$1.08$2.29$14.1$14.2$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.23$0.82$2.42$12.0$10.9$1.08
2015Summary only. Only limited summary data is available for this year.$2.37$1.71$0.66$8.74$8.57$0.17
2014Summary only. Only limited summary data is available for this year.$2.31$1.82$0.49$7.42$7.33$0.09
2013Summary only. Only limited summary data is available for this year.$2.16$1.76$0.40$6.48$6.51$0.03
2012Summary only. Only limited summary data is available for this year.$1.97$1.54$0.44$6.39$6.45$0.06
2011Summary only. Only limited summary data is available for this year.$1.32$1.28$0.04$5.18$5.14$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.76$0.03$4.55