2025-02-13T12:54:08-06:00 2024-06-30 351476702 BRADY WARE & SCHOENFELD INC 11175 CICERO DRIVE SUITE 300 ALPHARETTA GA 30022 990 2023-07-01 581085443 CHILDREN'S DEVELOPMENT ACADEMY INC CHIL 7709924339 89 GROVE WAY ROSWELL GA 30075 SHEILA SILLITTO CEO & EXEC. DIRECTOR 7709924339 2025-02-12 1 0 TERESA B SNYDER CPA P00166737 6783509500 2025-02-12 2023 2025-03-06 01:10:19Z SHEILA SILLITTO 89 GROVE WAY ROSWELL GA 30075 2918403 0 X WWW.CDAKIDS.ORG X 1968 GA MISSION: AFFORDING ALL CHILDREN IN OUR COMMUNITY HIGH QUALITY EARLY EDUCATION. VISION: BEST START. BRIGHTEST FUTURE. EVERY CHILD. 25 25 55 587 0 0 2085217 2424890 240488 329016 3243 16891 246840 61851 2575788 2832648 0 0 0 0 1970835 2301670 0 0 329045 739647 740944 2710482 3042614 -134694 -209966 3036987 2959441 104264 307996 2932723 2651445 X MISSION: AFFORDING ALL CHILDREN IN OUR COMMUNITY HIGH QUALITY EARLY EDUCATION. VISION: BEST START. BRIGHTEST FUTURE. EVERY CHILD. 0 0 2424781 329016 IN 2023-2024, THE CHILDREN'S DEVELOPMENT ACADEMY (CDA) PROVIDED HIGH-QUALITY, AFFORDABLE EARLY CARE AND LEARNING PROGRAMS TO MORE THAN 200 CHILDREN FROM LOW-INCOME FAMILIES WHO OTHERWISE WOULD NOT HAVE THE OPPORTUNITY TO ATTEND PRESCHOOL. THE CDA SERVES PRESCHOOL CHILDREN AGES 1 TO 5, INCLUDING THREE GEORGIA PRE-K CLASSROOMS. THE CDA EMPLOYS FULL TIME, EXPERIENCED AND HIGHLY QUALIFIED TEACHERS. OUR LOW STUDENT-TEACHER RATIOS ENSURE THAT EACH STUDENT RECEIVES DAILY INTERACTION AND INDIVIDUALIZED INSTRUCTION THAT STUDIES HAVE SHOWN ENSURES POSITIVE OUTCOMES WHEN STUDENTS REACH KINDERGARTEN AND BEYOND.THE CDA'S PRIMARY OBJECTIVE IN KINDERGARTEN READINESS, AND CHILDREN ENTERTING OUT ONE YEAR-OLD CLASSROOM TODAY RECEIVE THE FOUNDATION NECESSARY FOR A STRONGER START IN KINDERGARTEN AT AGE FIVE AND OF ACHIEVING THE VITAL EDUCATIONAL MILESTONE OF READING AT THE THIRD GRADE LEVEL WHEN THEY ARE EIGHT. THE CDA FOLLOWS EVIDENCE-BASED PRACTICES OF QUALITY EARLY CHILDHOOD EDUCATION, EARLY INTERVENTION, NUTRITION, AND HEALTHCARE THAT SUPPORT A CHILD'S INTELLECTUAL DEVELOPMENT AND ACADEMIC SUCCESS.THE CDA FOLLOWS THE PLAY-BASED CREATIVE CURRICULUM THAT PROMOTES SOCIAL/EMOTIONAL, PHYSICAL, COGNITIVE, AND LANGUAGE DEVELOPMENT, AND OUR COMPREHENSIVE PRESCHOOL PROGRAM INCLUDES THE FOLLOWING FOR EACH CHILD: AN EARLY LITERACY PROGRAM FOCUSING ON PRE-READING SKILLS AND LANGUAGE ACQUISITION; ENRICHMENT ACTIVITIES INCLUDING FIELD TRIPS, CULTURAL PERFORMANCES, AND NATURE EXPLORATIONS, AND IN-CENTER VISITS FROM COMMUNITY HELPERS; PARENT-TEACHER CONFERENCES, PARENT WORKSHOPS AND FAMILY-BASED ACTIVITIES THAT INFORM AND ENGAGE PARENTS IN THEIR CHILD'S EDUCATION; DEVELOPMENTAL ASSESSMENTS THAT ENSURE THAT STUDENTS ARE ON TRACK; AND EACH CHILD RECEIVES A NUTRITIOUS BREAKFAST, LUNCH, AND SNACK EACH DAY, FOLLOWING GEORGIA'S BRIGHT FROM THE START AND CACFP NUTRITION GUIDELINES.CDA FAMILIES HAVE INCOMES THAT PUT HIGH QUALITY EARLY EDUCATION OUT OF REACH FINANCIALLY, FUNDRAISING ALLOWS THE CDA TO PROVIDE FREE TO EXTREMELY AFFORDABLE TUITION TO OUR FAMILIES ON A SLIDING SCALE BASED UPON HOUSEHOLD SIZE AND INCOME. THE AVERAGE COST FOR PRESCHOOL IN OUR COMMUNITY IS OVER $400 PER WEEK, BUT CDA FAMILIES PAY AN AVERAGE OF ONLY $75 PER WEEK TO ATTEND, WITH MANY FAMILIES PAYING NOTHING AT ALL. KEEPING OUR PROGRAMS HIGHLY AFFORDABLE FOR LOW-INCOME FAMILIES IS OUR NUMBER ONE PRIORITY AND IS ONLY POSSIBLE AS A RESULT OF THE GENEROSITY OF OUR DONORS, CORPORATE PARTNERS, AND FOUNDATIONS. SINCE 2010, THE CDA HAS OFFERED THREE GEORGIA PRE-K CLASSROOMS THAT SERVE 60-66 CHILDREN EACH YEAR. IN 2012, THE CDA WAS CHOSEN FOR A SIX-WEEK SUMMER PILOT PROGRAM, THE RISING-K SUMMER TRANSITION PROGRAM, WHICH SERVED CHILDREN DEEMED TO BE AT RISK OF SCHOOL FAILURE WITHOUT ADDITIONAL SUPPORT FOR MAKING THE TRANSITION TO KINDERGARTEN. THE CDA HAS WORKED WITH THE STATE TO OFFER THIS IMPORTANT SUMMER TRANSITION PROGRAM EVERY YEAR SINCE, INCLUDING 2023 AND 2024. AND, IN THE SUMMER OF 2013, THE CDA HELPED LAUNCH ANOTHER BRIGHT FROM THE START PILOT PROGRAM - THIS ONE PROVIDING A SIX-WEEK SUMMER PREPARATORY CURRICULUM FOR ENGLISH LANGUAGE LEARNERS ENTERING PRE-K IN THE FALL. THIS RISING PRE-K SUMMER TRANSITION PROGRAM HAS BEEN RENEWED BY THE STATE EVERY YEAR INCLUDING 2023 AND 2024. THE CDA CONTINUES TO MEET OR EXCEED THE NATIONAL STANDARDS FOR EARLY CARE AND LEARNING PROGRAMS. WE HAVE MAINTAINED ACCREDITATION BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) SINCE APRIL 2014, INCLUDING OUR MOST RECENT REACCREDITATION IN MAY 2024. FEWER THAN 4% OF GEORGIA'S CHILDCARE CENTERS ARE NAEYC-ACCREDITED. LIKEWISE, THE CDA HAS PARTICIPATED IN GEORGIA'S BRIGHT FROM THE START QUALITY RATED PROGRAM SINCE 2013, MOST RECENTLY RECEIVING RENEWAL IN NOVEMBER 2024. TAKEN TOGETHER, THESE ACCOMPLISHMENTS CLEARLY SET THE CDA APART AS A CENTER OF HIGH QUALITY AND DEMONSTRATE OUR COMMITMENT TO WORKING TOWARD OUR VISION OF BEST START - BRIGHTEST FUTURE - EVERY CHILD. 2424781 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 55 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X MARCIA H BRYCE 7709924339 89 GROVE WAY ROSWELL GA 30075 JOSEPH ALONSO IMMEDIATE PAST BOARD CHAIR 5.00 X X 0 0 0 JIM STURM CHAIR-ELECT 2.00 X X 0 0 0 SHERRI HARRIS SECRETARY 2.00 X X 0 0 0 DOUG HIGGINS TREASURER 2.00 X X 0 0 0 FELTON ANDERSON DIRECTOR 1.00 X 0 0 0 JOSEPH PIONTEK DIRECTOR 1.00 X 0 0 0 CLARA SMITH DIRECTOR 2.00 X 0 0 0 CORINNE BRIDGMAN DIRECTOR 1.00 X 0 0 0 SHARI MARTIN DIRECTOR 5.00 X 0 0 0 STEVE DORVEE DIRECTOR 1.00 X 0 0 0 GLORIA MATTEI DIRECTOR 2.00 X 0 0 0 LANA STEPKA DIRECTOR 2.00 X 0 0 0 TOM DUANE DIRECTOR 1.00 X 0 0 0 CINDY SUTTON DIRECTOR 1.00 X 0 0 0 CATHERINE STOREY DIRECTOR 3.00 X 0 0 0 MARIE EDLER DIRECTOR 1.00 X 0 0 0 DANA MOORE DIRECTOR 1.00 X 0 0 0 TIM WYNKOOP DIRECTOR 1.00 X 0 0 0 BOB HAGAN DIRECTOR 1.00 X 0 0 0 CRISTIAN ORIHUELA DIRECTOR 1.00 X 0 0 0 AYO RICHARDSON DIRECTOR 1.00 X 0 0 0 LALITHA ALLADI DIRECTOR 1.00 X 0 0 0 KANANI BRIGGS DIRECTOR 1.00 X 0 0 0 CHELSEA WRIGHT DIRECTOR 1.00 X 0 0 0 SHELIA SILLITTO DIRECTOR 1.00 X 0 0 0 MARGARET DECAN CEO & EXEC. 40.00 X 115903 0 4696 115903 0 4696 1 0 0 0 0 209951 1234976 979963 154252 2424890 TUITION FEES 611600 329016 329016 329016 16891 16891 55250 0 55250 55250 55250 92350 209951 85755 6595 6595 MISCELLANEOUS INCOME 900099 6 6 6 2832648 329022 0 78736 121168 98746 9496 12926 1923232 1567342 150723 205167 64011 49023 6646 8342 56385 43183 5854 7348 136874 104826 14211 17837 21904 21904 3033 3033 3112 3112 10201 8150 926 1125 16417 13133 1642 1642 135659 102876 18223 14560 341 341 135967 88378 42150 5439 37358 24283 11581 1494 SUPPLIES & OTHER GOODS 229688 189805 1228 38655 MEALS 107054 107054 OTHER EXPENSES 27227 22766 189 4272 DUES & SUBSCRIPTIONS 6976 6976 6007 4875 982 150 3042614 2424781 288788 329045 723771 535348 141832 47190 22077 13080 4486186 2644094 1944482 1842092 204825 521731 3036987 2959441 98489 174247 5775 133749 104264 307996 X 2704656 2318341 228067 333104 2932723 2651445 3036987 2959441 -209966 21298 -92608 0 X 0 1 X 0 0 X 1645222 2093699 2502211 2085217 2424890 10751239 1645222 2093699 2502211 2085217 2424890 10751239 10751239 1387 2808 2448 58789 72141 137573 203 304370 3814 6 308393 11197205 0.96020 0.94360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 204825 22806 10240 217391 202084 14891 12150 204825 242936 28705 12147 202084 215215 41839 10761 3357 242936 208552 20180 10427 3090 215215 0.31000 0.69000 0 0 152585 152585 798335 623933 174402 3241947 1762818 1479129 293319 257343 35976 1842092 X 2938310 21298 1642 22940 2915370 3033 -85755 -82722 2832648 3126980 1642 1642 3125338 3033 -85757 -82724 3042614 PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE ASSOCIATION'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ASSOCIATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ASSOCIATION'S EXEMPT STATUS IN JEOPARDY, AS OF JUNE 30, 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES DEDUCTED ON LINE 8B IN PART VIII -85,755. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES DEDUCTED ON LINE 8B IN PART VIII -85,755. ROUNDING -2. DOWN HOME DERBY 205789 130201 75588 10543 23720 2200 32346 PARTY ON OUR PLAYGROUND 96512 79750 16762 2250 8017 300 6379 302301 209951 92350 2250 10543 31737 2500 38725 85755 6595 X SUPPLIES/EQUIPMENT 446 118842 FAIR MARKET VALUE X SILENT AUCTION ITEMS 118 37070 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT AUDIT AND FORM 990 ARE FIRST REVIEWED BY THE CHILDREN'S DEVELOPMENT ACADEMY ("CDA")FINANCE COMMITTEE WITH THE INDEPENDENT AUDITORS. THE REVISED DOCUMENTS ARE THEN PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW. QUESTIONS, COMMENTS AND CONCERNS ARE ADDRESSED BY THE FINANCE COMMITTEE AND THE AUDITOR PRIOR TO THE BOARD'S FINAL REVIEW OF THE DOCUMENTS. THE BOARD OF DIRECTORS APPROVES THE FILING OF THE AUDIT AND FORM 990. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES COMPLETE A DISCLOSURE QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR BEGINS WITH A PERFORMANCE EVALUATION BY THE CHAIR, IMMEDIATE PAST CHAIR, AND CHAIR-ELECT. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE EXECUTIVE RESOURCES COMMITTEE, WHICH IS COMPRISED ENTIRELY OF INDEPENDENT INDIVIDUALS AND INCLUDES EXPERIENCED MANAGERS. THEIR REVIEW RELIES UPON EXECUTIVE COMPENSATION DATA GATHERED FROM OTHER LOCAL NON PROFIT ORGANIZATIONS OR OTHER COMPARABLE BODIES, AND THE CDA'S OWN PAST PRACTICE. THE RECOMMENDATION IS VOTED ON BY THE ENTIRE EXECUTIVE COMMITTEE BEFORE BEING APPROVED AND FORWARDED TO THE FINANCE DIRECTOR FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS SUCH AS OUR STRATEGIC PLAN, BUDGETS AND FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION AT OUR OFFICE AT 89 GROVE WAY, ROSWELL, GA 30075 UPON REQUEST. THE CDA ALSO SHARES THESE DOCUMENTS ELECTRONICALLY WHEN REQUESTED, FOR EXAMPLE IN THE PROCESS OF APPLYING FOR FOUNDATION OR OTHER FUNDING.