2024-05-13T14:34:06-05:00 2023-06-30 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2022-07-01 953081695 CHILD CARE RESOURCE CENTER INC CHIL 8187171020 20001 PRAIRIE STREET CHATSWORTH CA 91311 MICHAEL OLENICK PRESIDENT & CEO 8187171020 2024-05-10 1 MICHAEL OLENICK XXX-XX-XXXX 1 LAUREN A HAVERLOCK P00545829 8185771900 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL OLENICK 20001 PRAIRIE STREET CHATSWORTH CA 91311 493902508 0 X WWW.CCRCLA.ORG X 1976 CA THE CHILD CARE RESOURCE CENTER'S MISSION IS TO CULTIVATE CHILD, FAMILY, AND COMMUNITY WELL-BEING. 20 20 1276 177 68443 1875 362572325 426004031 41788648 63416665 -27978 -194831 26765 24285 404359760 489250150 5839406 303622 0 0 72724591 86513576 0 0 317218 321552608 400559485 400116605 487376683 4243155 1873467 68836870 142076123 42532374 112448546 26304496 29627577 X THE CHILD CARE RESOURCE CENTER'S (CCRC) MISSION IS TO CULTIVATE CHILD, FAMILY, AND COMMUNITY WELL-BEING. 0 0 386323142 303622 63416665 CCRC'S CHILD CARE FINANCIAL ASSISTANCE PROGRAM OFFERS A NUMBER OF DIFFERENT FUNDED PROGRAMS THAT HELP FAMILIES PAY FOR CHILD CARE. THESE PROGRAMS OFFER AN EDUCATIONAL COMPONENT THAT IS DEVELOPMENTALLY, CULTURALLY, AND LINGUISTICALLY APPROPRIATE FOR THE CHILDREN SERVED. MEALS AND SNACKS ARE PROVIDED TO CHILDREN, ALONG WITH PARENT EDUCATION, REFERRALS TO HEALTH AND SOCIAL SERVICES FOR FAMILIES, AND STAFF DEVELOPMENT OPPORTUNITIES TO EMPLOYEES. THESE PROGRAMS ARE INTENDED TO INCREASE PARENTAL CHOICE AND ACCOMMODATE THE INDIVIDUAL NEEDS OF THE FAMILY. 45972568 CCRC'S EARLY CARE & LEARNING (ECL FORMERLY HEAD START 0 TO 5) PROGRAM IS A COMPREHENSIVE PRESCHOOL PROGRAM THAT WORKS TO ENSURE THE HEALTHY DEVELOPMENT OF THOUSANDS OF LOCAL CHILDREN AGE BIRTH TO 5 YEARS. THE PROGRAM FOR CHILDREN BIRTH TO 3 YEARS INCLUDES A HOME VISITING OPTION AND A CENTER-BASED OPTION. BOTH INCLUDE PARENT EDUCATION, HEALTH, NUTRITION, MENTAL HEALTH SERVICES AND DEVELOPMENTALLY APPROPRIATE ACTIVITIES FOR INFANTS AND TODDLERS, INCLUDING CHILDREN WITH SPECIAL NEEDS. FOR CHILDREN AGES 3 TO 4, THE PROGRAM PROVIDES THE SAME INFORMATION AND SUPPORT FOR THE PARENT, PLUS THREE TO SIX HOURS A DAY IN A HIGH QUALITY PRE-SCHOOL CLASSROOM, AS WELL AS MEDICAL, DENTAL & MENTAL HEALTH, NUTRITION AND PARENT INVOLVEMENT SERVICES.UNDER THE CHILD CARE PARTNERSHIP PROGRAM COMPONENT, CHILD CARE PROVIDERS RECEIVE TRAINING IN ORDER TO OFFER WORKING FAMILIES THE SAME COMPREHENSIVE SERVICES AS THE ECL PROGRAM. EACH CHILD PARTICIPATING IN THE PROGRAM RECEIVES APPROPRIATE ACTIVITIES AND COMPREHENSIVE SERVICES SUCH AS NUTRITION, HEALTH, AND DENTAL EVALUATIONS. CHILD CARE PROVIDERS BENEFIT FROM COACHING AND MENTORING TO MAINTAIN A HIGH LEVEL OF CARE. FAMILIES ALSO RECEIVE PARENTING AND CHILD DEVELOPMENT SUPPORT. 7435770 CCRC'S WORKFORCE DEVELOPMENT PROGRAM AREA PROVIDES APPRENTICESHIP OPPORTUNITIES TO EARN DEGREES, PERMITS, OR CERTIFICATIONS IN THE CHILDCARE FIELD. CHILDCARE INITIATIVE PROJECTS ARE DESIGNED TO INCREASE THE AVAILABILITY OF LICENSED, QUALITY CHILDCARE. COMMUNITY LEARNING PROVIDES TRAINING TO PARENTS AND PROVIDERS. QUALITY START TRAINING AND COACHING IMPROVES QUALITY OF CHILDCARE. 11536892 OTHER PROGRAM AREAS INCLUDE: FAMILY WELL-BEING, RESOURCE & REFERRAL, AND STATEWIDE INITIATIVES. SERVICES PROVIDED INCLUDE: HOME VISITATION, TRAUMA INFORMED CARE, REFERRALS TO CHILDCARE, PRESCHOOL DEVELOPMENT, FAMILY ENGAGEMENT, AND EVALUATION SERVICES. 11536892 451268372 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12604 0 1 1276 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MICHAEL OLENICK 8187171000 20001 PRAIRIE STREET CHATSWORTH CA 91311 PETER WANG BOARD CHAIR 2.00 X X 0 0 0 ADRIAN STERN BOARD VICE CHAIR 2.00 X X 0 0 0 ANTHONY PENA BOARD TREASURER 2.00 X X 0 0 0 GRISELDA DE MEL BOARD SECRETARY 2.00 X X 0 0 0 SANDY FAJARDO POLICY COMMITTEE HEAD START REP 1.00 X 0 0 0 EUGENIA HINTON POLICY COMMITTEE HEAD START REP 1.00 X 0 0 0 DALE C ANDERSON BOARD MEMBER 1.00 X 0 0 0 RABBI LISA BOCK BOARD MEMBER 1.00 X 0 0 0 JOANNIE BUSILLO-AGUAYO BOARD MEMBER 1.00 X 0 0 0 ALMA E CORTES BOARD MEMBER 1.00 X 0 0 0 KAREN DAVIS BOARD MEMBER 1.00 X 0 0 0 RITA GARCIA-ACUNA BOARD MEMBER 1.00 X 0 0 0 JEFFREY S GOODFRIED BOARD MEMBER 1.00 X 0 0 0 SHEILA JONES BOARD MEMBER 1.00 X 0 0 0 LAQUENTA MARTIN BOARD MEMBER 1.00 X 0 0 0 ADAM PILDER BOARD MEMBER 1.00 X 0 0 0 AARON RAFELLE BOARD MEMBER (THRU 07/01/22) 1.00 X 0 0 0 DEAN A ROCCO BOARD MEMBER 1.00 X 0 0 0 JERIEL C SMITH BOARD MEMBER 1.00 X 0 0 0 ROMALIS TAYLOR BOARD MEMBER 1.00 X 0 0 0 MICHELLE TORRES BOARD MEMBER 1.00 X 0 0 0 MICHAEL OLENICK PRESIDENT & CEO 50.00 X 495860 0 60013 DENISE TRINH VP & CFO (THRU 06/5/23) 50.00 X 299565 0 44533 ROGER GAGNON VP & CAO 50.00 X 289328 0 43947 ELLEN CERVANTES VP & COO (THRU 06/15/22) 0.00 X 260885 0 28139 DONNA SNEERINGER VP & CSO 50.00 X 251907 0 40259 BEATRIZ ZAMORANO-PEDREGON DIRECTOR, EARLY CARE & LEARNING 50.00 X 214603 0 33162 LISSETH E ZOUBHI VP & CHRO 50.00 X 194369 0 2000 ELIZABETH CHIARO - DIR CCFA (THRU 03/23)/DIR CCFA PARTNERSHIP 50.00 X 206102 0 37895 EILEEN FRISCIA RESOURCE & REFERRAL, DIRECTOR 50.00 X 191992 0 25294 SUSAN M MONTALVO DIRECTOR, COMMUNICATIONS 50.00 X 191486 0 28087 SUSAN SAVAGE DIRECTOR, RESEARCH 50.00 X 184831 0 29379 KELLY MOREHOUSE-SMITH ASSIST. DIR., CHILD CARE FIN. ASSISTANC 50.00 X 153786 0 20129 SHIRLEY CAMERON FORMER VP & CHRO 0.00 X 123416 0 13597 3058130 0 406434 44 1 1 0 KIDS AND CARE INC 10662 MAPLE STREET HESPERIA CA 92345 CHILD CARE SERVICES 2913863 TUTOR TIME LEARNING CENTER 29421 THE OLD ROAD CASTAIC CA 91384 CHILD CARE SERVICES 2799483 TAMPE MANAGEMENT INC KIDSVILLE USA 8464 CORBIN AVE NORTHRIDGE CA 91324 CHILD CARE SERVICES 2470000 HRASHQ PRESCHOOL INC PARONYAN GRETA 7220 HAZELTINE AVE VAN NUYS CA 91405 CHILD CARE SERVICES 2450881 PENNY & PEGGY NAIRN 24 HR CC 9018 BALBOA BLVD 582 NORTHRIDGE CA 913262610 CHILD CARE SERVICES 2401993 532 34872 410833180 15135979 303622 426004031 FEES FOR SERVICES - LA 624410 63038171 63038171 OTHER REVENUE 624410 378489 378489 FAMILY FEES 624410 5 5 63416665 424015 424015 3967349 4586195 -618846 -618846 -618846 22005 34872 66163 -44158 -44158 PRINTING REVENUE 323100 68443 68443 68443 489250150 63416665 68443 -238989 X 303622 303622 2311685 503939 1807746 62817179 48806529 13875226 135424 3601078 2719040 873544 8494 12504282 10185311 2296307 22664 5279352 4070992 1197393 10967 62853 62224 629 175329 173576 1753 94374 94374 375420091 372409089 2981116 29886 981514 789314 188644 3556 4963648 3211257 1732443 19948 3726060 447106 3247295 31659 6947234 3792962 3127965 26307 735011 505871 226856 2284 1284321 919371 361937 3013 161237 161027 210 2485984 861184 1619610 5190 474106 386152 87077 877 REPAIRS AND MAINTENANCE 910913 282287 621966 6660 HEAD START PROGRAM EXPE 834802 834802 TRAINING AND STAFF DEVE 378351 374567 3784 OFFICE EQUIMENT LEASES 368244 290 366034 1920 555413 239254 314166 1993 487376683 451268372 35791093 317218 3861981 33292539 1296436 1693320 27020600 26194034 210400 217560 4080609 2816622 66648098 22370678 14350070 44277420 14082294 15077434 2908832 3127658 1025648 15379536 68836870 142076123 35678518 45226966 2377690 18044889 3279924 2929609 0 19108496 1196242 27138586 42532374 112448546 X 26304496 29627577 26304496 29627577 68836870 142076123 1873467 1449614 0 X 0 1 X 1 1 1 X 268757961 309242700 364087384 362572325 426004031 1730664401 268757961 309242700 364087384 362572325 426004031 1730664401 16261324 1714403077 60390 108049 166318 405498 424015 1164270 3910 2191 1875 7976 1731836647 190196926 0.98990 0.99030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12350000 12350000 13850000 1338472 12511528 11473679 5836859 5636820 8596934 6370302 2226632 20377485 8825045 11552440 44277420 DEPOSITS 523236 RIGHT-OF-USE ASSETS 14856300 15379536 RESERVE FUNDS 1800968 DUE TO FUNDING AGENCIES 2870817 OPERATING LEASE LIABILITY 14891057 CONTRACT LIABILITY 7575744 27138586 X 490544051 1449614 176120 66163 1691897 488852154 94374 303622 397996 489250150 487220970 176120 66163 242283 486978687 94374 303622 397996 487376683 PART X, LINE 2: CCRC HAS BEEN DESIGNATED AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS ALSO EXEMPT FROM STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE AND IS NOT GENERALLY SUBJECT TO FEDERAL OR STATE INCOME TAXES. CCRC FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. HOWEVER, CCRC IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS AND, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS. CCRC HAS DETERMINED NO UNCERTAIN TAX BENEFITS OR LIABILITIES EXIST AT JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 66,163. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON CASH DONATIONS 303,622. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 66,163. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON CASH GRANTS 303,622. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 623921 0 0 0 0 0 0 623921 0 623921 1 0 1 1 0 0 PART III ACCOUNTING METHOD: POKER TOURNAMENT 29002 7002 22000 14502 3447 HOLIDAY BOOK & TOY DRIVE 27875 27870 5 1217 46997 56877 34872 22005 15719 50444 66163 -44158 1 DIRECT ASSISTANCE TO FAMILIES 225 303622 FMV HOUSEHOLD ITEMS/ FURNITURE, SANITIZER, DIAPERS, BACKPACKS, BABY PRODUCTS, CLOTHES, BOOKS, TOYS, ETC. PART I, LINE 2: FAMILIES IN OUR PROGRAMS ARE CONTACTED ON A ROLLING BASIS. ALL GOODS ARE DISTRIBUTED IN GOOD-FAITH TO FAMILIES WITHIN THE COMMUNITIES THAT THE AGENCY SERVES. ALL ITEMS ARE USED FOR THE BENEFIT OF THE SAME INDIVIDUALS AND FAMILIES. X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL OLENICK PRESIDENT & CEO 476343 0 0 0 19517 0 55575 0 4438 0 555873 0 0 0 DENISE TRINH VP & CFO (THRU 06/5/23) 287575 0 0 0 11990 0 42516 0 2017 0 344098 0 0 0 ROGER GAGNON VP & CAO 279173 0 0 0 10155 0 40107 0 3840 0 333275 0 0 0 DONNA SNEERINGER VP & CSO 242000 0 0 0 9907 0 37269 0 2990 0 292166 0 0 0 ELLEN CERVANTES VP & COO (THRU 06/15/22) 151876 0 0 0 109009 0 27052 0 1087 0 289024 0 0 0 BEATRIZ ZAMORANO-PEDREGON DIRECTOR, EARLY CARE & LEARNING 206797 0 0 0 7806 0 29352 0 3810 0 247765 0 0 0 ELIZABETH CHIARO - DIR CCFA (THRU 03/23)/DIR CCFA PARTNERSHIP 201896 0 0 0 4206 0 30647 0 7248 0 243997 0 0 0 SUSAN M MONTALVO DIRECTOR, COMMUNICATIONS 182885 0 0 0 8601 0 25297 0 2790 0 219573 0 0 0 EILEEN FRISCIA RESOURCE & REFERRAL, DIRECTOR 184497 0 0 0 7495 0 23836 0 1458 0 217286 0 0 0 SUSAN SAVAGE DIRECTOR, RESEARCH 184831 0 0 0 0 0 28379 0 1000 0 214210 0 0 0 LISSETH E ZOUBHI VP & CHRO 186196 0 0 0 8173 0 0 0 2000 0 196369 0 0 0 KELLY MOREHOUSE-SMITH ASSIST. DIR., CHILD CARE FIN. ASSIST 149392 0 0 0 4394 0 19914 0 215 0 173915 0 0 0 SHIRLEY CAMERON FORMER VP & CHRO 123416 0 0 0 0 0 12827 0 770 0 137013 0 0 0 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2017-08-30 5380000 ACQUIRE LAND AND BUILDING 0 0 0 A 2450392 5380000 25000 5355000 2018 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/01/2022 X 303622 FMV 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S STANDARD REVIEW PROCEDURE FOR THE 990 IS AS FOLLOWS: THE INFORMATIONAL RETURN IS PREPARED BY OUTSIDE ACCOUNTANTS. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS MEETS WITH THE OUTSIDE ACCOUNTANTS, CFO, AND PRESIDENT & CEO TO REVIEW AND DISCUSS THE TAX RETURNS BEFORE FILING WITH THE AUTHORITIES. IN ADDITION, THE BOARD OF DIRECTORS ARE PROVIDED A FULL COPY OF THE TAX RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CHILD CARE RESOURCE CENTER'S CONFLICT OF INTEREST POLICY REQUIRES THAT ALL OFFICERS, DIRECTORS, AND EMPLOYEES ANNUALLY SIGN A CONFLICT OF INTEREST AFFIDAVIT. ANY PERSON WITH A MATERIAL DIRECT OR INDIRECT FINANCIAL INTEREST IN A TRANSACTION MUST DISCLOSE SUCH MATERIAL FINANCIAL INTEREST OR COMMON DIRECTORSHIP TO THE BOARD, THE DIVISION DIRECTOR, OR DIVISION VICE-PRESIDENT. THE BOARD, DIVISION DIRECTOR, OR VICE-PRESIDENT SHALL THEN DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE. IF A CONFLICT IS DEEMED TO EXIST, THEY MUST RECUSE THEMSELVES FROM PARTICIPATING IN ANY CONSIDERATION OR DECISION RELATED TO THE TRANSACTION. THE DECISION OF THE BOARD, DIVISION DIRECTOR, OR VICE-PRESIDENT ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE ORGANIZATION AND THE ADVANCEMENT OF ITS PURPOSE. THE ORGANIZATION MAINTAINS DOCUMENTATION THROUGH HUMAN RESOURCES (PEOPLE AND CULTURE DIVISION) OR BOARD MEETING MINUTES OF ANY PROCEEDING OR INVESTIGATION RELATED TO A TRANSACTION OR ARRANGEMENT WITH ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY REVIEW AND APPROVE THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT & CEO AND CFO. THE PROCESS INCLUDES A REVIEW OF THE COMPENSATION AGAINST CURRENT COMPARABILITY DATA (SURVEY OR STUDY) PREPARED BY AN INDEPENDENT COMPENSATION CONSULTANT. COMPENSATION FOR ALL OTHER POSITIONS, INCLUDING TOP MANAGEMENT AND KEY EMPLOYEES, ARE REVIEWED AGAINST CCRC'S COMPENSATION POLICY, WHICH INCLUDES ESTABLISHED & PUBLISHED SALARY GRADES AND SALARY RANGES THAT ARE COMPETITIVE IN THE MARKETPLACE. THESE SALARY GRADES AND RANGES ARE REVIEWED PERIODICALLY AND ADJUSTED WHEN MARKET CONDITIONS DICTATE AND BUDGET ALLOWS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS REQUESTED BY THE PUBLIC WILL BE FURNISHED UPON REQUEST. FORM 990, PART IX, LINE 11G PROVIDER PAYMENTS: PROGRAM SERVICE EXPENSES 353,651,893. MANAGEMENT AND GENERAL EXPENSES 50,510. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 353,702,403. PAYMENTS TO CONTRACTORS: PROGRAM SERVICE EXPENSES 17,777,112. MANAGEMENT AND GENERAL EXPENSES 84,376. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,861,488. CONSULTING, OUTSIDE CONTRACTORS, & PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 980,084. MANAGEMENT AND GENERAL EXPENSES 2,846,230. FUNDRAISING EXPENSES 29,886. TOTAL EXPENSES 3,856,200.