Civic Intelligence

Sjb Child Development Centers

990 • Fiscal year 2017 • EIN 94-1747079

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 19, 2018

1400 Parkmoor AvenueSan Jose, CA 95126

(408) 414-2700

Siviq Scores

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

Liabilities / Assets

67th percentile

0.36x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

38th percentile

0.10x

Higher debt load relative to revenue than 38% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$100,563

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

82nd percentile

20%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,735,883

Up $285,329 (+20%) from 2016

Net Assets

Up

$1,106,874

Up $230,295 (+26%) from 2016

Liabilities

Up

$629,009

Up $55,034 (+9.6%) from 2016

Revenue

Up

$6,160,481

Up $634,683 (+11%) from 2016

Expenses

Up

$5,954,218

Up $311,350 (+5.5%) from 2016

Net Income

Up

$206,263

Up $323,333 (+276%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,818,455Liabilities 2011: $996,982Net Assets 2011: $2,821,4732011Assets 2012: $3,182,143Liabilities 2012: $622,298Net Assets 2012: $2,559,8452012Assets 2013: $2,624,466Liabilities 2013: $543,344Net Assets 2013: $2,081,1222013Assets 2014: $2,288,403Liabilities 2014: $633,757Net Assets 2014: $1,654,6462014Assets 2015: $1,655,676Liabilities 2015: $662,027Net Assets 2015: $993,6492015Assets 2016: $1,450,554Liabilities 2016: $573,975Net Assets 2016: $876,5792016Assets 2017: $1,735,883Liabilities 2017: $629,009Net Assets 2017: $1,106,8742017Assets 2018: $2,027,061Liabilities 2018: $620,556Net Assets 2018: $1,406,5052018Assets 2019: $4,066,179Liabilities 2019: $2,403,194Net Assets 2019: $1,662,9852019Assets 2020: $4,935,930Liabilities 2020: $3,034,568Net Assets 2020: $1,901,3622020Assets 2021: $5,504,947Liabilities 2021: $3,256,287Net Assets 2021: $2,248,6602021Assets 2022: $5,435,445Liabilities 2022: $2,947,889Net Assets 2022: $2,487,5562022Assets 2023: $9,522,096Liabilities 2023: $4,237,865Net Assets 2023: $5,284,2312023Assets 2024: $14,335,347Liabilities 2024: $4,965,563Net Assets 2024: $9,369,7842024

Highlighted filing

2017

Assets$1,735,883
Liabilities$629,009
Net Assets$1,106,874

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $8,261,752Expenses 2011: $8,122,829Net Income 2011: $138,9232011Revenue 2012: $6,705,224Expenses 2012: $6,947,038Net Income 2012: -$241,8142012Revenue 2013: $5,705,419Expenses 2013: $6,216,837Net Income 2013: -$511,4182013Revenue 2014: $6,087,327Expenses 2014: $6,394,417Net Income 2014: -$307,0902014Revenue 2015: $5,483,270Expenses 2015: $6,152,400Net Income 2015: -$669,1302015Revenue 2016: $5,525,798Expenses 2016: $5,642,868Net Income 2016: -$117,0702016Revenue 2017: $6,160,481Expenses 2017: $5,954,218Net Income 2017: $206,2632017Revenue 2018: $7,769,205Expenses 2018: $7,475,718Net Income 2018: $293,4872018Revenue 2019: $9,464,014Expenses 2019: $9,225,954Net Income 2019: $238,0602019Revenue 2020: $12,133,188Expenses 2020: $11,912,967Net Income 2020: $220,2212020Revenue 2021: $14,284,450Expenses 2021: $14,118,321Net Income 2021: $166,1292021Revenue 2022: $16,724,123Expenses 2022: $16,332,837Net Income 2022: $391,2862022Revenue 2023: $21,929,122Expenses 2023: $19,227,728Net Income 2023: $2,701,3942023Revenue 2024: $27,444,600Expenses 2024: $23,472,415Net Income 2024: $3,972,1852024

Highlighted filing

2017

Revenue$6,160,481
Expenses$5,954,218
Net Income$206,263
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.0
Gross Receipts
$6,160,481
Mission and Program Overview

Mission

To provide high quality educational childcare for children 0 to 12 years of age and to strengthen and support families throughout Santa Clara County.

To provide educational childcare for children 0 to 12 years of age and to strengthen and support families throughout Santa Clara County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$664,904$593,640▼ $71,264
Investments in Publicly Traded Securities$388,042$418,354▲ $30,312
Pledges and Grants Receivable$207,313$374,159▲ $166,846
Cash and Non-Interest-Bearing Accounts$1,024$230,740▲ $229,716
Savings and Temporary Cash Investments$123,117$54,215▼ $68,902
Accounts Receivable$52,904$48,309▼ $4,595
Prepaid Expenses and Deferred Charges$13,250$16,466▲ $3,216
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,450,554$1,735,883▲ $285,329
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$362,707$311,836▼ $50,871
Grants Payable$35,209$164,172▲ $128,963
Deferred Revenue$176,059$153,001▼ $23,058
Total Liabilities$573,975$629,009▲ $55,034
Net Assets / Fund Balance
Unrestricted Net Assets$876,579$1,106,874▲ $230,295
Total Net Assets Fund Balance$876,579$1,106,874▲ $230,295
Total Liabilities and Net Assets / Fund Balance$1,450,554$1,735,883▲ $285,329

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$386,073$1,692,657$2,078,730
Leasehold Improvements$194,967$388,356$583,323
Other Land Buildings-$22,500$22,500
Buildings$12,600-$12,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sheryl EbbsExecutive DirectorFT$100,563$100,563
Wai-Yee PhamFinance DirectorFT$96,125$96,125

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,815,468
Program Service Revenue
$1,333,137
Investment Income
$11,876
Other Revenue
$0
All Other Contributions
$88,907
Change in Net Assets
$206,263

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,160,481
Revenue Not Reported on Form 990
$304,596
Total Revenue per Audited Statements
$6,465,077
Total Revenue per Form 990
$6,160,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,153,434
Other Expenses$1,800,784
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,810,100$286,475-$3,096,575
Other Employee Benefits$519,737$87,224-$606,961
Payroll Taxes$215,229$37,981-$253,210
All Other Expenses$192,010$52,916-$244,926
Current Officers, Directors, Trustees, and Key Employees-$196,688-$196,688
Other Expenses$130,188$59,847-$130,188
Depreciation Depletion$71,562$22,077-$93,639
Occupancy$92,143$12-$92,155
Insurance$40,368$15,050-$55,418
Travel$37,375$3,970-$41,345
Total Functional Expenses$5,039,941$914,277$0$5,954,218

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,234,782
Expenses per Audited Statements$5,954,218
Total Expenses per Form 990$5,954,218
Expenses Not Reported on Form 990$280,564
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Form 990, Part VI, Line 11B: Form 990 Review Process

1. The agency's CPA shall prepare Form 990 for the board to review.2. The prepared Form 990 shall be circulated at the first scheduled board meeting following completion of Form 990 by the agency's CPA. All board members present will receive a copy.3. Any discussions will be captured in the minutes with respect to Form 990 prior to Board approval.4. Board shall approve all contents of Form 990 after review and discussion.5. The Executive Director shall sign Form 990 and file with the Internal Revenue Service upon board approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

1. The officer or director of the organization are continually reminded of the organization's conflict of interest policy and have a duty to disclose any such potential conflicts. If the governing board has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after the member's response and after making further investigation as warranted by the circumstances, the governing board determines the member has failed to disclose an actual or possible conflict of interest, it shall take the appropriate disciplinary and corrective action. The proceedings are recorded in the minutes and are made available to the public upon request.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

1) Beginning compensation is based on the qualifications of each candidate, the SJB's organizational structure, SJB's ability to compensate and market research. 2) Yearly increases are based on the performance of the each officer during an evaluation period and the organization's ability to compensate each officer and are approved by the Board during meetings.3) Both salaries are recommended and approve during the budget process.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents are available upon request.Request made in person- we must provide a copy on the same day.Request made in writing- provide copies within 30 days.

Filing and Contact Details

Filer

Filer Name
SJB Child Development Centers
EIN
94-1747079
Phone
4084142700
Address
1400 Parkmoor Avenue, San Jose, CA 95126

Signing Officer

Name
Sheryll Ebbs
Title
Executive Director
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
128
Volunteers
100

Preparer

Firm
Allan Liu CPA
Address
201 WILLOW AVE, MILLBRAE, CA 94030-2536
Preparer
Allan Liu
Phone
6506921172
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IRS990/OtherExpensesGrp/Desc0Contract services
IRS990/OtherExpensesGrp/Desc1Food services and food suppl.
IRS990/OtherExpensesGrp/Desc2Maintenance & repairs
IRS990/OtherExpensesGrp/Desc3Janitorial services
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt159847
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IRS990/ProgSrvcAccomActy2Grp/Desc0After School- Provides before and after school programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0685008
IRS990/ProgSrvcAccomActy3Grp/Desc0Ancillary Programs.
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IRS990/PYTotalRevenueAmt05525798
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123117
IRS990/SavingsAndTempCashInvstGrp/EOYAmt054215
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt087784
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt028874511
IRS990ScheduleA/TotalSupportAmt028962295
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt012600
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012600
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IRS990ScheduleD/DonatedServicesUseFcltsAmt0280564
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt01692657
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01. The agency's CPA shall prepare Form 990 for the board to review.2. The prepared Form 990 shall be circulated at the first scheduled board meeting following completion of Form 990 by the agency's CPA. All board members present will receive a copy.3. Any discussions will be captured in the minutes with respect to Form 990 prior to Board approval.4. Board shall approve all contents of Form 990 after review and discussion.5. The Executive Director shall sign Form 990 and file with the Internal Revenue Service upon board approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11. The officer or director of the organization are continually reminded of the organization's conflict of interest policy and have a duty to disclose any such potential conflicts. If the governing board has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after the member's response and after making further investigation as warranted by the circumstances, the governing board determines the member has failed to disclose an actual or possible conflict of interest, it shall take the appropriate disciplinary and corrective action. The proceedings are recorded in the minutes and are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21) Beginning compensation is based on the qualifications of each candidate, the SJB's organizational structure, SJB's ability to compensate and market research. 2) Yearly increases are based on the performance of the each officer during an evaluation period and the organization's ability to compensate each officer and are approved by the Board during meetings.3) Both salaries are recommended and approve during the budget process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents are available upon request.Request made in person- we must provide a copy on the same day.Request made in writing- provide copies within 30 days.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.3$4.97$9.37$27.4$23.5$3.97
2023Detailed filing. Detailed filing data is available for this year.$9.52$4.24$5.28$21.9$19.2$2.70
2022Detailed filing. Detailed filing data is available for this year.$5.44$2.95$2.49$16.7$16.3$0.39
2021Detailed filing. Detailed filing data is available for this year.$5.50$3.26$2.25$14.3$14.1$0.17
2020Detailed filing. Detailed filing data is available for this year.$4.94$3.03$1.90$12.1$11.9$0.22
2019Detailed filing. Detailed filing data is available for this year.$4.07$2.40$1.66$9.46$9.23$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.03$0.62$1.41$7.77$7.48$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.74$0.63$1.11$6.16$5.95$0.21
2016Summary only. Only limited summary data is available for this year.$1.45$0.57$0.88$5.53$5.64$0.12
2015Summary only. Only limited summary data is available for this year.$1.66$0.66$0.99$5.48$6.15$0.67
2014Summary only. Only limited summary data is available for this year.$2.29$0.63$1.65$6.09$6.39$0.31
2013Summary only. Only limited summary data is available for this year.$2.62$0.54$2.08$5.71$6.22$0.51
2012Summary only. Only limited summary data is available for this year.$3.18$0.62$2.56$6.71$6.95$0.24
2011Summary only. Only limited summary data is available for this year.$3.82$1.00$2.82$8.26$8.12$0.14