2024-05-14T20:25:49-05:00 2023-06-30 390859910 BAKER TILLY US LLP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2022-07-01 942975386 C5 CHILDREN'S SCHOOL C5CH 4157031277 455 GOLDEN GATE AVENUE 2400 SAN FRANCISCO CA 94102 MARY LOYOLA -SALCEDO EXECUTIVE DIRECTOR 4157031277 2024-05-14 1 MARY LOYOLA -SALCEDO 999009999 0 BRIAN YACKER P00401346 9492222999 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARY LOYOLA -SALCEDO 455 GOLDEN GATE AVENUE 2400 SAN FRANCISCO CA 94102 3158932 0 X WWW.C5CHILDREN.ORG X 1985 CA C5 CHILDREN'S SCHOOL IS A SCHOOL IN SAN FRANCISCO, CALIFORNIA, WHERE EDUCATORS WORK ALONGSIDE CHILDREN AGES 6 WEEKS TO 6 YEARS AND THEIR FAMILIES FACILITATING AN EXEMPLARY PROGRAM OF EARLY CARE AND EDUCATION. 10 8 31 12 0 0 663342 1136834 2053991 2000721 5259 9415 34917 11962 2757509 3158932 249217 583367 0 0 1905034 1600622 0 0 2770 578006 657006 2732257 2840995 25252 317937 5854383 5617215 2680055 2282914 3174328 3334301 X TO FACILITATE YOUNG CHILDREN'S OPTIMAL DEVELOPMENT AND LEARNING IN A SAFE, SUPPORTIVE, AND ENRICHED ENVIRONMENT. OUR PRIMARY GOAL IS TO PROVIDE AND CONTINUOUSLY IMPROVE CHILD DEVELOPMENT AND EDUCATION SERVICES OF THE HIGHEST QUALITY IN A CLIMATE OF CARE AND RESPECT FOR CHILDREN AND THEIR FAMILIES IN THE SAN FRANCISCO COMMUNITY AND THE SURROUNDING BAY AREA. 0 0 2293077 583367 2000721 C5 CHILDREN'S SCHOOL OPERATES TWO EARLY LEARNING AND DEVELOPMENT CHILD CARE CENTERS AT 455 GOLDEN GATE AVENUE AND 525 GOLDEN GATE AVENUE IN SAN FRANCISCO, CA. OUR INNOVATIVE CURRICULUM IS BASED ON WORLD-WIDE BEST PRACTICES INSPIRED BY THE PREPRIMARY SCHOOLS IN REGGIO EMILIA, ITALY AND ARE A MODEL FOR EARLY CARE AND LEARNING PROGRAMS IN THE SAN FRANCISCO BAY AREA AND BEYOND. OUR CHILD-CENTERED "EMERGENT CURRICULUM" FOR INFANTS THROUGH PRE-KINDERGARTEN CHILDREN IS BASED ON CHILDREN'S INTERESTS AND FASCINATIONS AS THE PRIMARY LEARNING VEHICLES FOR OUR COLLABORATION WITH THEM AS OUR POWERFUL, COMPETENT, EQUAL PARTNERS IN REGULARLY ACHIEVING OPTIMAL LEARNING AND DEVELOPMENT. THE DAILY ACTIVITIES FEATURE IN-DEPTH MULTI-MEDIA EXPLORATIONS AND A PROJECT APPROACH. THIS CO-CONSTRUCTIVE LEARNING MODEL IS SUPPORTED BY EXCEPTIONAL PARENT AND EXTENDED FAMILY PARTICIPATION. ONE RESULT IS A REALIZATION AND BETTER UNDERSTANDING BY PARENTS, FAMILY MEMBERS, GEOGRAPHIC NEIGHBORS, AND OTHER EDUCATIONAL PROFESSIONALS OF THE AMAZING CAPACITIES OF CHILDREN. WE CONTINUE TO DOCUMENT RELEVANT EXAMPLES DAILY AND MAKE THEM AVAILABLE ON OUR PRIVATE AND PUBLIC WEBSITES, BY PRESENTATIONS TO THE PUBLIC, AND DURING OUR ANNUAL COMPREHENSIVE, MANY FEATURED FESTIVAL OF LEARNING IN MAY, NOW IN ITS 20TH YEAR. DURING THIS FISCAL YEAR WE HAVE OBTAINED GRANTS AND LOANS TO KEEP STAFF COMPENSATED IN A COMPARABLE RATE AS PUBLIC SCHOOL TEACHERS, AND TO MAINTAIN THE PROGRAM QUALITY AND AVAILABILITY TO CURRENT PARTICIPATING AND NEW FAMILIES. WE WERE SELECTED BY THE CITY OF SAN FRANCISCO IN THE SUMMER OF 2020 TO OPERATE THEIR NEW CHILD DEVELOPMENT CENTER FOR 54 CHILDREN IN THEIR NEW 13 STORY PERMIT BUILDING. WE HAVE RECENTLY OPENED THIS LOCATION TO SERVE EVEN MORE FAMILIES IN THE CITY AND THE LARGER BAY AREA COMMUNITY. 2293077 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X MARY LOYOLA-SALCEDO 4157031277 455 GOLDEN GATE AVENUE SAN FRANCISCO CA 94102 JOSEPH WISEMAN DIRECTOR OF LEARNING 60.00 X 111512 0 3244 BEVERLY A MELUGIN EXECUTIVE DIRECTOR 60.00 X X 111511 0 3244 JULIETTE HIRT PRESIDENT 1.00 X X 0 0 0 DANIELLE LOVE VP CA STATE BLDG 1.00 X X 0 0 0 JAMIE DOLKAS VP SFPUC BLDG 0.50 X X 0 0 0 CATHERINE RIVLIN TREASURER 0.50 X X 0 0 0 BARBARA GALLIOS SECRETARY 1.00 X X 0 0 0 LINDA DELGADO BOARD MEMBER 0.50 X 0 0 0 DAVID ZELLHART BOARD MEMBER 0.50 X 0 0 0 ELENOR BLUME BOARD MEMBER 0.50 X 0 0 0 223023 0 6488 2 0 0 0 0 507200 629634 1136834 TUITION REVENUE 900099 1600071 1600071 PRESCHOOL FOR ALL 900099 400650 400650 2000721 9415 9415 REBATES 900099 6116 6116 REFUNDS 900099 5387 5387 SIGNING/LATE FEES 900099 250 250 209 209 11962 3158932 2000721 0 21377 583367 583367 229591 160714 68877 1104372 1104372 62168 62168 107356 107356 97135 93273 3862 71230 71230 98700 98700 67022 11705 55317 33946 1030 32916 55394 22396 30228 2770 60083 16711 43372 19690 19690 2525 2525 1671 1671 48363 48363 81822 4375 77447 LUNCH PROGRAM 69925 68919 1006 LICENSES AND FEES 20424 1210 19214 REPAIRS AND MAINTENANCE 8923 30 8893 STORAGE 6533 4057 2476 10755 3031 7724 2840995 2293077 545148 2770 3376156 2921025 105282 105344 28476 2112 12446 12404 3074008 544949 2331061 2529059 962 47271 5854383 5617215 28970 100681 2000000 2000000 557100 40000 93985 142233 2680055 2282914 X 3174328 3334301 3174328 3334301 5854383 5617215 317937 -157964 0 X X 0 1 X 1 0 X 27019 28761 2561506 663342 1136834 4417462 3798515 3577374 2014655 2053991 2000721 13445256 23403 3403 26806 1164441 1154643 1165809 1165809 1165809 5816511 5013378 4764181 5741970 3883142 4303364 23706035 380 400 1020 3300 5100 0 380 400 1020 3300 5100 23700935 109 103 2650 5259 9415 17536 109 103 2650 5259 9415 17536 4639 19572 27879 34917 11962 98969 5018126 4783856 5772499 3923318 4324741 23822540 0.99490 0.99580 0.00070 0.00030 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RECEIPTS - 2018 AMOUNT: $ 4,639. 2019 AMOUNT: $ 19,572. 2020 AMOUNT: $ 27,879. 2021 AMOUNT: $ 34,917. REBATES - 2022 AMOUNT: $ 6,116. REFUNDS - 2022 AMOUNT: $ 5,387. STIPENDS - 2022 AMOUNT: $ 209. SIGNING/LATE FEES - 2022 AMOUNT: $ 250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1996994 1996994 776174 387231 388943 222332 88019 134313 78508 69699 8809 2529059 REFUNDABLE DEPOSITS 105566 LEASE LIABILITY 36667 142233 X 3741374 1165809 -583367 582442 3158932 0 3158932 3423437 1165809 1165809 2257628 583367 583367 2840995 PART X, LINE 2: THE SCHOOL IS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND SECTION 23701D OF THE CALIFORNIA TAX CODE. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENTS TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP -583,367. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP 583,367. 1 SCHOLARSHIPS 39 583367 0 PART I, LINE 2: C5 PARTICIPATES IN SAN FRANCISCO'S DEPARTMENT OF EARLY CHILDHOOD EARLY LEARNING SCHOLARSHIPS BY PAYING THE GAP BETWEEN WHAT THE CITY SUBSIDY PAYS FOR EACH CHILD AND THE AMOUNT OF C5'S TUITION. PARENTS QUALIFY BY BEING LOW INCOME AND APPLICATIONS ARE APPROVED BY A CITY AGENCY. C5 MAINTAINS ENROLLMENT RECORDS, TUITION INVOICES, AMOUNT PAID BY THE CITY AND AMOUNT PAID BY THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR, BEVERLY A. MELUGIN, AND THE DIRECTOR OF LEARNING, JOSEPH WISEMAN, ARE MARRIED TO ONE ANOTHER AND ARE EVALUATED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B EACH VOTING MEMBER IS SENT AN ELECTRONIC COPY OF FORM 990 TO REVIEW PRIOR TO FILING. FINANCE COMMITTEE MEMBERS REVIEW AND DISCUSS FORM 990 WITH THE EXECUTIVE DIRECTOR PRIOR TO IT BEING FILED. THE DATE THAT FORM 990 IS SENT TO BOARD MEMBERS AND THE DATE OF THE DISCUSSION CONDUCTED BY THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE ARE NOTED IN OUR OFFICIAL RECORDS. FORM 990, PART VI, SECTION B, LINE 12C (I) BOARD MEMBERS, OFFICERS, SUPERVISORS, MANAGERS, AND SENIOR STAFF MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST AND MUST UPDATE DISCLOSURES, AS NEEDED; (II) THE EXECUTIVE DIRECTOR AND PRESIDENT OF THE BOARD SHALL REVIEW THE DISCLOSURES AND DETERMINE ANY ACTION NEEDED BASED ON THOSE DISCLOSURES; (III) PERSONS WITH A CONFLICT CANNOT BE INVOLVED IN DECISION-MAKING ON TRANSACTIONS OR ARRANGEMENTS THAT IMPLICATE THAT CONFLICT; (IV) CONFLICTS OF INTEREST, HOW THEY ARE MANAGED, AND THE OUTCOME OF CONFLICT OF INTEREST DETERMINATIONS MUST BE DOCUMENTED; (V) IN ADDITION TO THE ABOVE MEASURES, THE BOARD WILL CONDUCT PERIODIC REVIEWS OF ALL C5 TRANSACTIONS OR ARRANGEMENTS TO MONITOR AND ENFORCE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 A) THE BOARD EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION FOR THE TWO HIGHEST PAID EMPLOYEES: EXECUTIVE DIRECTOR AND DIRECTOR OF LEARNING. B) NEITHER OF THESE EMPLOYEES ARE INVOLVED. C) COMPARABLE DATA FROM GUIDESTAR/CANDID COMPENSATION REPORT 2022 AND THE SAN FRANCISCO UNIFIED SCHOOL DISTRICT SALARY SCHEDULE ADMINISTRATOR'S COLLECTIVE BARGAINING AGREEMENT EFFECTIVE JULY 1, 2018 UNTIL JUNE 30, 2020 WERE USED. D) DOCUMENTATION OF DECISIONS ARE KEPT. E) MOST RECENT REVIEW 1) EXECUTIVE DIRECTOR - 2022 2) DIRECTOR OF LEARNING - JUNE 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS ARE ALSO AVAILABLE TO ALL PARENTS & STAFF ON MEMBERS SECURE WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.