Civic Intelligence

Choices for Children Day School

EIN 85-0322893 • 501(c)3 • Albuquerque, NM

Profile

Serve the educational, physical, social, emotional, cognitive, and aesthetic needs of a diverse population with equal opportunity for all students regardless of race, color, national origin, sex, or handicap. Teachers certified in child development encourage creative thinking and problem solving.

808 Menaul Blvd NWAlbuquerque, NM 87107

www.choicesforchildrendayschool.com

Siviq Scores

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

Liabilities / Assets

99th percentile

4.11x

Higher debt load relative to assets than 99% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.39x

Higher debt load relative to revenue than 84% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$71,422

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

NTEE P • $500k-$1M nonprofits • Source year 2024

Asset Growth

69th percentile

25%

Faster asset growth than 69% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2021 to 2024

Revenue Growth

66th percentile

24%

Faster revenue growth than 66% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2021 to 2024

Assets

Up

$86,716

Up $42,586 (+97%) from 2021

Liabilities

Up

$356,757

Up $350,606 (+5700%) from 2021

Net Assets

Down

-$270,041

Down $308,020 (-811%) from 2021

Revenue

Up

$905,576

Up $426,558 (+89%) from 2021

Expenses

Up

$1,063,586

Up $542,061 (+104%) from 2021

Net Income

Down

-$158,010

Down $115,503 (-272%) from 2021

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2012: $836,073Liabilities 2012: $854,520Net Assets 2012: -$18,4472012Assets 2013: $815,579Liabilities 2013: $870,752Net Assets 2013: -$55,1732013Assets 2014: $30,506Liabilities 2014: $18,979Net Assets 2014: $11,5272014Assets 2015: $45,477Liabilities 2015: $11,217Net Assets 2015: $34,2602015Assets 2016: $45,926Liabilities 2016: $7,029Net Assets 2016: $38,8972016Assets 2017: $94,858Liabilities 2017: $6,855Net Assets 2017: $88,0032017Assets 2018: $65,070Liabilities 2018: $3,677Net Assets 2018: $61,3932018Assets 2019: $49,246Liabilities 2019: $1,754Net Assets 2019: $47,4922019Assets 2020: $142,564Liabilities 2020: $81,833Net Assets 2020: $60,7312020Assets 2021: $44,130Liabilities 2021: $6,151Net Assets 2021: $37,9792021Assets 2024: $86,716Liabilities 2024: $356,757Net Assets 2024: -$270,0412024

Highlighted filing

2024

Assets$86,716
Liabilities$356,757
Net Assets-$270,041

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $479,172Expenses 2012: $496,080Net Income 2012: -$16,9082012Revenue 2013: $412,238Expenses 2013: $448,964Net Income 2013: -$36,7262013Revenue 2014: $452,821Expenses 2014: $386,120Net Income 2014: $66,7012014Revenue 2015: $407,111Expenses 2015: $384,379Net Income 2015: $22,7322015Revenue 2016: $477,707Expenses 2016: $474,354Net Income 2016: $3,3532016Revenue 2017: $456,244Expenses 2017: $407,138Net Income 2017: $49,1062017Revenue 2018: $490,197Expenses 2018: $497,127Net Income 2018: -$6,9302018Revenue 2019: $548,992Expenses 2019: $562,893Net Income 2019: -$13,9012019Revenue 2020: $529,334Expenses 2020: $516,095Net Income 2020: $13,2392020Revenue 2021: $479,018Expenses 2021: $521,525Net Income 2021: -$42,5072021Revenue 2024: $905,576Expenses 2024: $1,063,586Net Income 2024: -$158,0102024

Highlighted filing

2024

Revenue$905,576
Expenses$1,063,586
Net Income-$158,010

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2024
Return Version
2023v6.0
Gross Receipts
$905,576
Mission and Program Overview

Mission

Serve the educational, physical, social, emotional, cognitive, and aesthetic needs of a diverse population with equal opportunity for all students regardless of race, color, national origin, sex, or handicap. Teachers certified in child development encourage creative thinking and problem solving.

Provide children 6 weeks through eleven years a warm, nurturing, safe environment that promotes creative thinking and problem solving in an environment that enhances the early positive development of the total child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$91,438$85,060▼ $6,378
Savings and Temporary Cash Investments-$1,656-
Accounts Receivable$632--
Rtn Earn Endowment Incm Other Fnds$-131,399$-270,041▼ $138,642
Total Assets$92,070$86,716▼ $5,354
Liabilities
Accounts Payable and Accrued Expenses$210,079$340,604▲ $130,525
Mortgage Notes Payable Secured by Investment Property$13,390$16,153▲ $2,763
Total Liabilities$223,469$356,757▲ $133,288
Net Assets / Fund Balance
Total Net Assets Fund Balance$-131,399$-270,041▼ $138,642
Total Liabilities and Net Assets / Fund Balance$92,070$86,716▼ $5,354

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$136,779$136,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy ArellanoDirectorFT$71,422$71,422

Board Members and Trustees

NameTitle
Freda ArellanoPresident
Margie MaestasBoard Member
Lisa CornejoTreasurer
Laura GilliamVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$14,245
Program Service Revenue
$890,918
Investment Income
$10
Other Revenue
$403
All Other Contributions
$2,179
Change in Net Assets
$-158,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$752,826
Other Expenses$310,760
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$576,198$42,103-$618,301
Occupancy$75,001$7,861-$82,862
Current Officers, Directors, Trustees, and Key Employees$35,711$35,711-$71,422
Office Expenses-$37,854-$37,854
Other Employee Benefits$28,622$3,158-$31,780
All Other Expenses$28,678$3,048-$31,726
Payroll Taxes$27,789$3,534-$31,323
Other Expenses$18,470$54-$18,470
Insurance$6,438$7,182-$13,620
Information Technology$4,954$550-$5,504
Advertising-$2,138-$2,138
Conferences and Meetings$1,201--$1,201
Fees for Services Other-$18-$18
Total Functional Expenses$915,291$148,295$0$1,063,586
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
Elizabeth BlackburnFamily MemberRentNo$48,805
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 35% controlled entity
No
Business relationship with family members
Yes
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 2

Freda arellano amy arellano president director mother/daughter

Form 990, Page 6, Part VI, Line 6

Choices for children day school has six (6) board members and does not have stockholders. The board votes on any changes to the by-laws and rules & regulations pertaining to the organization. They also vote on any major changes within the organization. The director organizes and manages the daily operation of the school.

Form 990, Page 6, Part VI, Line 7A

The board has the power to elect one or more board members to the governing authority. The sitting board members ask questions and educate prospective board members about its policies, goals, and objectives. The board then votes to accept or reject any new member, and also votes to accept or terminate any board member not in good standing or writes a letter of resignation.

Form 990, Page 6, Part VI, Line 11B

After the form 990 is completed, a mandatory board meeting is called to go over the schedules and discuss any changes or discrepancies to the return. Upon securing the necessary approval of the board of directors and all corrections are noted, the 990 form is corrected, signed, and filed.

Form 990, Page 6, Part VI, Line 12C

With the small size of the board, the conflict of interest policy is discussed at the board meetings. If any purchases are to be made, the board has the opportunity to discuss the conflict of interest policy. For large purchases over 2,000, bids are collected for review. This eliminates any conflict of interest and enforces compliance. Board members are asked to provide their resume, and read and sign the organization's policy prohibiting conflicts of interest as defined in accordance with irs's articulation.

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

The board discusses any and all payroll raises to key employees and the director. Final approval is with the board. Salary is based on the key employee's education, expertise in management, length of service with the organization, and comparable salaries in the field.

Form 990, Page 6, Part VI, Line 19

The governing policies and statements are a part of the parent handbook that is given to parents and guardians upon enrollment. These policies and financial statements are given upon request to other interested parties.

Filing and Contact Details

Filer

Filer Name
Choices for Children Day School
EIN
85-0322893
Phone
5052426363
Address
808 MENAUL BLVD NW, ALBUQUERQUE, NM 87107

Signing Officer

Name
Freda Arellano
Title
President
Phone
5052426363
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Freda Arellano
Formed
1984
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
4
Employees
19

Preparer

Firm
Hinkle Landers Pc
Address
2500 9TH ST NW, ALBUQUERQUE, NM 87102-1055
Preparer
Jeremy T Richter
Phone
5058838788
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Serve the educational, physical, social, emotional, cognitive, and aesthetic needs of a diverse population with equal opportunity for all students regardless of race, color, national origin, sex, or handicap. Teachers certified in child development encourage creative thinking and problem solving.

Raw XML Appendix386 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
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IRS990/ProgSrvcAccomActy3Grp/Desc0CHILD CARE FOOD PROGRAM: HEALTHY, BALANCED BREAKFASTS, LUNCHES, AND SNACKS ARE PROVIDED YEAR ROUND, FIVE DAYS A WEEK. MEALS ARE PREPARED ON-SITE IN A HEALTH DEPARTMENT CERTIFIED AND INSPECTED KITCHEN. MENUS ARE NUTRITIOUSLY PLANNED ACCORDING TO THE DEPARTMENT OF AGRICULTURE GUIDELINES BY A FULL- TIME COOK. CHILDREN EAT FAMILY STYLE, WITH THE CHILDREN MAKING PERSONAL FOOD CHOICES, COMMUNICATING ABOUT NOURISHMENT, AND PASSING THE FOOD AROUND THE TABLE SERVING THEMSELVES. IN THE PAST YEAR, 87 STUDENTS WERE SERVED NUTRITIOUS MEALS, WITH 68 (78%) OF THE STUDENTS COMING FROM LOW INCOME/SINGLE FAMILY HOUSEHOLDS, AND 67 (77%) WERE MINORITY STUDENTS. THE NM CHILD & ADULT CARE FOOD PROGRAM HELPS SUPPORT THIS PROGRAM.
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0136779
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0136779
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NON-DISCRIMINATORY POLICY IS STATED IN ADVERTISING BROCHURES, NEWSLETTERS, PARENT HANDBOOKS, STAFF HANDBOOKS, FLYERS, AND ON THE WEB SITE. THEY INCLUDE STATEMENTS SIMILAR TO "NO PHYSICAL SEGREGATION OR OTHER DISCRIMINATORY ACTIONS AGAINST ANY CHILD OR ADULT BECAUSE OF RACE, COLOR, AGE, NATIONAL ORIGIN, SEX, GENDER, OR HANDICAP."
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CHOICES FOR CHILDREN DAY SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM THE FOLLOWING GOVERNMENTAL AGENCIES: NEW MEXICO CHILDREN, YOUTH, AND FAMILIES, AND NEW MEXICO ADULT AND CHILD CARE FOOD PROGRAM. SUCH FINANCIAL ASSISTANCE HAS NEVER BEEN REVOKED OR SUSPENDED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ELIZABETH BLACKBURN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt048805
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SERVE THE EDUCATIONAL, PHYSICAL, SOCIAL, EMOTIONAL, COGNITIVE, AND AESTHETIC NEEDS OF A DIVERSE POPULATION WITH EQUAL OPPORTUNITY FOR ALL STUDENTS REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, SEX, OR HANDICAP. TEACHERS CERTIFIED IN CHILD DEVELOPMENT ENCOURAGE CREATIVE THINKING AND PROBLEM SOLVING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FREDA ARELLANO AMY ARELLANO PRESIDENT DIRECTOR MOTHER/DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHOICES FOR CHILDREN DAY SCHOOL HAS SIX (6) BOARD MEMBERS AND DOES NOT HAVE STOCKHOLDERS. THE BOARD VOTES ON ANY CHANGES TO THE BY-LAWS AND RULES & REGULATIONS PERTAINING TO THE ORGANIZATION. THEY ALSO VOTE ON ANY MAJOR CHANGES WITHIN THE ORGANIZATION. THE DIRECTOR ORGANIZES AND MANAGES THE DAILY OPERATION OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD HAS THE POWER TO ELECT ONE OR MORE BOARD MEMBERS TO THE GOVERNING AUTHORITY. THE SITTING BOARD MEMBERS ASK QUESTIONS AND EDUCATE PROSPECTIVE BOARD MEMBERS ABOUT ITS POLICIES, GOALS, AND OBJECTIVES. THE BOARD THEN VOTES TO ACCEPT OR REJECT ANY NEW MEMBER, AND ALSO VOTES TO ACCEPT OR TERMINATE ANY BOARD MEMBER NOT IN GOOD STANDING OR WRITES A LETTER OF RESIGNATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AFTER THE FORM 990 IS COMPLETED, A MANDATORY BOARD MEETING IS CALLED TO GO OVER THE SCHEDULES AND DISCUSS ANY CHANGES OR DISCREPANCIES TO THE RETURN. UPON SECURING THE NECESSARY APPROVAL OF THE BOARD OF DIRECTORS AND ALL CORRECTIONS ARE NOTED, THE 990 FORM IS CORRECTED, SIGNED, AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WITH THE SMALL SIZE OF THE BOARD, THE CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE BOARD MEETINGS. IF ANY PURCHASES ARE TO BE MADE, THE BOARD HAS THE OPPORTUNITY TO DISCUSS THE CONFLICT OF INTEREST POLICY. FOR LARGE PURCHASES OVER 2,000, BIDS ARE COLLECTED FOR REVIEW. THIS ELIMINATES ANY CONFLICT OF INTEREST AND ENFORCES COMPLIANCE. BOARD MEMBERS ARE ASKED TO PROVIDE THEIR RESUME, AND READ AND SIGN THE ORGANIZATION'S POLICY PROHIBITING CONFLICTS OF INTEREST AS DEFINED IN ACCORDANCE WITH IRS'S ARTICULATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD DISCUSSES ANY AND ALL PAYROLL RAISES TO KEY EMPLOYEES AND THE DIRECTOR. FINAL APPROVAL IS WITH THE BOARD. SALARY IS BASED ON THE KEY EMPLOYEE'S EDUCATION, EXPERTISE IN MANAGEMENT, LENGTH OF SERVICE WITH THE ORGANIZATION, AND COMPARABLE SALARIES IN THE FIELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING POLICIES AND STATEMENTS ARE A PART OF THE PARENT HANDBOOK THAT IS GIVEN TO PARENTS AND GUARDIANS UPON ENROLLMENT. THESE POLICIES AND FINANCIAL STATEMENTS ARE GIVEN UPON REQUEST TO OTHER INTERESTED PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0FREDA ARELLANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HINKLE LANDERS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02500 9TH ST NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0871021055
ReturnHeader/PreparerPersonGrp/PhoneNum05058838788
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY T RICHTER
ReturnHeader/ReturnTs02025-05-15T18:43:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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