Skip to content
Nonprofiteer
← ACRE FAMILY CHILD CARE INC

Form 990 for tax year 2022

Filed by ACRE FAMILY CHILD CARE INC.

Totals

Total revenue
$8,609,063
Total expenses
$6,715,340
Contributions and grants received
$6,002,811
Grants paid
$24,000
Program service revenue
$2,596,625
Investment income
$14,866
Other revenue
-$5,239
Total assets, end of year
$7,794,206
Total liabilities, end of year
$1,335,427
Net assets or fund balances, end of year
$6,458,779
Program services expenses (Part IX)
$6,127,193
Management and general expenses
$578,054
Fundraising expenses
$10,093
Program service expenses (Part III)
$6,127,193

Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $4,978,402

  • 1f · All other contributions, gifts and grants

    $1,024,409

  • 2a · Program service revenue: PARENT FEES & OTHER PROGRAM F

    total $2,596,625 · related or exempt $2,596,625

  • 3 · Investment income

    total $39,202 · excluded $39,202

  • 6a · Gross rents

    real property $39,449

  • 6b · Less rental expenses

    real property $44,688

  • 6c · Rental income or loss

    real property -$5,239

  • 6d · Net rental income or loss

    total -$5,239 · unrelated business -$5,239

  • 7a · Gross sales of assets other than inventory

    securities $129,091

  • 7b · Less cost or other basis and sales expenses

    securities $153,427

  • 7c · Gain or loss

    securities -$24,336

  • 7d · Net gain or loss

    total -$24,336 · excluded -$24,336

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $24,000 · program services $24,000

  • 5 · Compensation of officers, directors and key employees

    total $252,430 · program services $122,614 · management and general $129,816

  • 7 · Other salaries and wages

    total $825,587 · program services $664,518 · management and general $161,069

  • 8 · Pension plan contributions

    total $38,383 · program services $27,946 · management and general $10,437

  • 9 · Other employee benefits

    total $199,392 · program services $162,359 · management and general $37,033

  • 10 · Payroll taxes

    total $81,674 · program services $57,988 · management and general $23,686

  • 11b · Fees: legal

    total $1,358 · program services $1,358

  • 11c · Fees: accounting

    total $25,000 · management and general $25,000

  • 11f · Fees: investment management

    total $12,521 · management and general $12,521

  • 11g · Fees: other

    total $263,319 · program services $249,011 · management and general $14,308

  • 12 · Advertising and promotion

    total $4,018 · program services $1,412 · management and general $1,778 · fundraising $828

  • 13 · Office expenses

    total $55,706 · program services $30,857 · management and general $15,643 · fundraising $9,206

  • 14 · Information technology

    total $40,115 · program services $23,991 · management and general $16,124

  • 16 · Occupancy

    total $86,695 · program services $38,501 · management and general $48,194

  • 17 · Travel

    total $2,106 · program services $1,645 · management and general $461

  • 19 · Conferences, conventions and meetings

    total $9,911 · program services $396 · management and general $9,515

  • 20 · Interest

    total $24,573 · management and general $24,573

  • 22 · Depreciation, depletion and amortization

    total $73,320 · program services $55,746 · management and general $17,574

  • 23 · Insurance

    total $34,614 · program services $14,265 · management and general $20,349

  • 24a · Other expenses: PROVIDER CONTRACTS

    total $4,517,987 · program services $4,517,987

  • 24b · Other expenses: VEHICLE EXPENSES

    total $106,888 · program services $106,888

  • 24c · Other expenses: TRAINING & DEVELOPMENT

    total $16,805 · program services $16,606 · management and general $199

  • 24d · Other expenses: AGENCY & DEPT EVENTS

    total $12,295 · program services $6,836 · management and general $5,459

  • 24e · All other expenses

    total $6,643 · program services $2,269 · management and general $4,315 · fundraising $59

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,603 · end of year $26,284

  • 2 · Savings and temporary cash investments

    beginning of year $2,512,715 · end of year $4,337,701

  • 3 · Pledges and grants receivable

    beginning of year $117,500 · end of year $179,759

  • 4 · Accounts receivable

    beginning of year $503,726 · end of year $571,830

  • 7 · Other notes and loans receivable

    beginning of year $8,537 · end of year $7,800

  • 9 · Prepaid expenses and deferred charges

    beginning of year $77,231 · end of year $78,859

  • 10a · Land, buildings and equipment: cost or other basis

    $1,545,318

  • 10b · Land, buildings and equipment: accumulated depreciation

    $358,570

  • 10c · Land, buildings and equipment, net

    beginning of year $1,238,849 · end of year $1,186,748

  • 11 · Investments: publicly traded securities

    beginning of year $1,569,978 · end of year $1,264,384

  • 15 · Other assets

    beginning of year $215,701 · end of year $140,841

  • 17 · Accounts payable and accrued expenses

    beginning of year $413,217 · end of year $455,720

  • 19 · Deferred revenue

    beginning of year $16,272 · end of year $15,059

  • 23 · Secured mortgages and notes payable

    beginning of year $875,100 · end of year $844,940

  • 25 · Other liabilities

    beginning of year $64,092 · end of year $19,708

  • 27 · Net assets without donor restrictions

    beginning of year $4,640,896 · end of year $5,564,869

  • 28 · Net assets with donor restrictions

    beginning of year $252,263 · end of year $893,910

Mission and programs · 2022

Mission

ACRE FAMILY CHILD CARE INC.'S MISSION IS TO PROVIDE A PATHWAY FOR WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY OPERATING HIGH QUALITY CHILD CARE BUSINESSES IN THEIR HOMES.

Activities or mission (Part I)

ACRE FAMILY CHILD CARE, INC., PROVIDES A PATHWAY FOR WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY OPERATING HIGH QUALITY CHILD CARE BUSINESSES IN THEIR HOMES.

  • ACRE FAMILY CHILD CARE IS IN THE SERVICE OF HELPING LOCAL WOMEN BUILD LICENSED HOME-BASED FAMILY CHILD CARE BUSINESSES. ACRE PROVIDES ONGOING BUSINESS SUPPORT INCLUDING FAMILY REFERRALS,PROFESSIONAL DEVELOPMENT, PARENT AND CONTRACT BILLING, SMALL BUSINESS LOANS.

    Expenses $4,591,746 · Revenue $2,220,350

  • ACRE FAMILY CHILD CARE PROVIDES TRANSPORTATION FOR CHILDREN TO CONTRACTED FAMILY CHILD CARE PROGRAMS.

    Expenses $916,886 · Revenue $376,275

  • ACRE FAMILY CHILD CARE PROVIDES INDIVIDUALIZED SUPPORTS TO CONTRACTED LICENSED FAMILY CHILD CARE EDUCATORS THROUGH EDUCATIONAL TRAINING, TECHNICAL ASSISTANCE, AND COACHING.

    Expenses $618,561 · Grants $24,000

As filed on the 2022 return.

Listed in Part VII

  • BETHANY WATSON

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • DONNA SAATI

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • KATHLEEN LEON

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • DEBRA BELAND

    CLERK

    Total calculated
    $0
    Hours/week
    5

  • CATHY MERCADO

    CLERK/DIRECT

    Total calculated
    $0
    Hours/week
    5

  • ISOLDA CANO

    DIRECTOR

    Total calculated
    $69,621
    From this org
    $69,621
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • VALESSA MARQUES

    DIRECTOR

    Total calculated
    $82,137
    From this org
    $82,137
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • DARMERY MONTOYA

    DIRECTOR

    Total calculated
    $43,689
    From this org
    $43,689
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • MARIA PINO

    DIRECTOR

    Total calculated
    $80,742
    From this org
    $80,742
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • ELLEN GRONDINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • THOMAS DAUGHERTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • LARISSA GAIAS PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • MINJEONG KIM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • CHRIS ORTIZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • DANIEL RIOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • VANNAK THENG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • ZELMA J LYONS-KHADAR

    CO-EXECUTIVE

    Total calculated
    $124,263
    From this org
    $100,828
    From related orgs
    $0
    Other
    $23,435
    Hours/week
    40

  • LUCAS SKORCZESKI

    CO-EXECUTIVE

    Total calculated
    $116,706
    From this org
    $88,274
    From related orgs
    $0
    Other
    $28,432
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
7 June 2023
IRS schema version
2022v5.0
Source object
202331649349301653

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.