Skip to content
Nonprofiteer
← CHILDRENS RESOURCE FUND INC

Form 990 for tax year 2023

Filed by CHILDRENS RESOURCE FUND INC.

Totals

Total revenue
$1,837,944
Total expenses
$1,884,662
Contributions and grants received
$291,689
Grants paid
$114,337
Program service revenue
$1,403,472
Investment income
$120,468
Other revenue
$22,315
Total assets, end of year
$5,269,366
Total liabilities, end of year
$62,362
Net assets or fund balances, end of year
$5,207,004
Program services expenses (Part IX)
$1,373,777
Management and general expenses
$406,166
Fundraising expenses
$104,719
Program service expenses (Part III)
$1,373,777

Program services were 72.9% 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.

  • 1f · All other contributions, gifts and grants

    $291,689

  • 2a · Program service revenue: TUTION & FEES

    total $1,399,041 · related or exempt $1,399,041

  • 2b · Program service revenue: THERAPY

    total $2,480 · related or exempt $2,480

  • 2c · Program service revenue: CLASSROOM

    total $1,951 · related or exempt $1,951

  • 3 · Investment income

    total $120,468 · excluded $120,468

  • 8a · Fundraising events: gross income

    $29,221

  • 8b · Fundraising events: direct expenses

    $6,906

  • 8c · Net income from fundraising events

    total $22,315

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $114,337 · program services $114,337

  • 5 · Compensation of officers, directors and key employees

    total $101,359 · program services $60,815 · management and general $30,408 · fundraising $10,136

  • 7 · Other salaries and wages

    total $1,069,423 · program services $879,554 · management and general $108,334 · fundraising $81,535

  • 10 · Payroll taxes

    total $88,219 · program services $70,592 · management and general $10,614 · fundraising $7,013

  • 11c · Fees: accounting

    total $7,090 · management and general $7,090

  • 11g · Fees: other

    total $3,030 · program services $3,030

  • 16 · Occupancy

    total $5,260 · management and general $5,260

  • 22 · Depreciation, depletion and amortization

    total $111,786 · management and general $111,786

  • 23 · Insurance

    total $57,498 · program services $44,185 · management and general $13,313

  • 24a · Other expenses: MAINTENANCE AND REPAIRS

    total $116,011 · program services $52,205 · management and general $63,806

  • 24b · Other expenses: EUDCATIONAL ENRICHMENT

    total $65,318 · program services $65,318

  • 24c · Other expenses: UTILITIES

    total $36,706 · program services $36,706

  • 24d · Other expenses: OFFICE/ COMPUTER

    total $15,906 · program services $6,362 · management and general $9,544

  • 24e · All other expenses

    total $92,719 · program services $40,673 · management and general $46,011 · fundraising $6,035

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $503,777 · end of year $3,461,378

  • 4 · Accounts receivable

    beginning of year $42,238 · end of year $20,991

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

    $3,237,236

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

    $1,461,926

  • 10c · Land, buildings and equipment, net

    beginning of year $1,840,467 · end of year $1,775,310

  • 11 · Investments: publicly traded securities

    beginning of year $2,981,854

  • 15 · Other assets

    beginning of year $5,695 · end of year $11,687

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,498 · end of year $9,792

  • 19 · Deferred revenue

    beginning of year $73,620 · end of year $29,975

  • 25 · Other liabilities

    beginning of year $8,315 · end of year $22,595

  • 27 · Net assets without donor restrictions

    beginning of year $5,180,598 · end of year $5,207,004

Mission and programs · 2023

Mission

CHILDRENS RESOURCE PROVIDES AN AFFORDABLE, PRIVATE EARLY LEARNING PROGRAM FOR CHILDREN 18 MONTHS TO 8 YEARS OF AGE.

  • CHILDRENS RESOURCES FUND, HEREIN CRF, IS DEDICATED TO PROVIDING EARLY INTERVENTION, EDUCATIONAL AND THERAPEUTIC SERVICES TO CHILDREN WITH DEVELOPMENTAL DISABILITIES AND TO CHILDREN THAT HAVE SUSTAINED ABUSE AND/OR NEGLECT. IT IS ALSO OUR MISSION TO OFFER SUPPORT TO THEIR FAMILIES. THE SCHOOL SERVES CHILDREN AGES 18 MONTHS - 11 YEARS WITH A WIDE RANGE OF DEVELOPMENTAL DISABILITIES, SUCH AS, BUT NOT LIMITED TO, AUTISM, PERVASIVE DEVELOPMENTAL DISORDER, APRAXIA, CEREBAL PALSY, SENSORY INTEGRATION DYSFUNCTION, LANGUAGE DISORDERS AND DELAYS, ETC. CRF OFFERS THE CONSISTENCY OF A YEAR ROUND SCHOOL AND PROVIDES BEFORE AND AFTER-CARE AND A FUN SUMMER CAMP PROGRAM TAILORED TO CHILDREN WITH DIFFERENT ABILITIES. PHYSICAL, OCCUPATIONAL, BEHAVIORAL AND SPEECH THERAPIES ARE PROVIDED. CRFS FULL INCLUSION PROGRAM INTEGRATES CHILDREN WITH DEVELOPMENTAL DISABILITIES IN CLASSROOMS WITH TYPICALLY DEVELOPING CHILDREN. THROUGHOUT THE YEARS, CRF HAS CONTINUED TO DEVELOP AND SUPPORT PROGRAMS FOCUSING ON THIS SPECIAL POPULATION. THROUGH THE HARD WORK, CARING AND LOVE OF OUR MEMBERS, TEACHERS AND THERAPISTS, CRF STRIVES TO HELP CHILDREN BY PROVIDING THEM WITH THE EDUCATIONAL OPPORTUNITIES AND SUPPORT NECESSARY TO DEVELOP THEIR COGNITIVE, SOCIAL AND LIFE SKILLS TO REACH THEIR FULLEST POTENTIAL. OUR VISION IS THAT ALL CHILDREN WITH SPECIAL NEEDS WILL LEAD SAFE AND HEALTHY LIVES THAT ARE PREDICATED ON PERSONAL DEVELOPMENT, HUMAN DIGNITY AND SELF-DIRECTION.

    Expenses $1,373,777 · Grants $114,337

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gigliola Del Valle

    EXECUTIVE DI

    Total calculated
    $106,332
    From this org
    $106,332
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Margaret Armaly

    FOUNDER AND

    Total calculated
    $0
    Hours/week
    10

  • Roberto Lizama

    VP

    Total calculated
    $0
    Hours/week
    1

  • Daniel Tasciotti

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
28 April 2024
IRS schema version
2023v6.0
Source object
202541199349302864

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.