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Nonprofiteer
← CHILDCARE RESOURCES OF INDIAN RIVER INC

Form 990 for tax year 2023

Filed by CHILDCARE RESOURCES OF INDIAN RIVER INC.

Totals

Total revenue
$7,334,609
Total expenses
$3,765,368
Contributions and grants received
$6,802,982
Grants paid
$125,535
Program service revenue
$419,889
Investment income
$55,543
Other revenue
$56,195
Total assets, end of year
$11,975,703
Total liabilities, end of year
$4,593,722
Net assets or fund balances, end of year
$7,381,981
Program services expenses (Part IX)
$3,124,951
Management and general expenses
$253,624
Fundraising expenses
$386,793
Program service expenses (Part III)
$3,124,951

Program services were 83.0% 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.

  • 1a · Federated campaigns

    $258,659

  • 1c · Fundraising events

    $288,502

  • 1e · Government grants (contributions)

    $983,451

  • 1f · All other contributions, gifts and grants

    $5,272,370

  • 2a · Program service revenue: PROGRAM FEES - TUITION

    total $419,889 · related or exempt $419,889

  • 3 · Investment income

    total $55,543 · excluded $55,543

  • 8a · Fundraising events: gross income

    $108,912

  • 8a · Fundraising events: contributions included on line 1c

    $288,502

  • 8b · Fundraising events: direct expenses

    $64,717

  • 8c · Net income from fundraising events

    total $44,195 · excluded $44,195

  • 11a · Other revenue: OTHER REVENUES

    total $12,000 · related or exempt $12,000

  • 11e · Other revenue, total

    $12,000

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $125,535 · program services $125,535

  • 5 · Compensation of officers, directors and key employees

    total $141,015 · program services $42,305 · management and general $21,152 · fundraising $77,558

  • 7 · Other salaries and wages

    total $2,086,234 · program services $1,853,607 · management and general $114,860 · fundraising $117,767

  • 8 · Pension plan contributions

    total $9,476 · program services $9,232 · management and general $122 · fundraising $122

  • 9 · Other employee benefits

    total $143,077 · program services $123,463 · management and general $10,317 · fundraising $9,297

  • 10 · Payroll taxes

    total $165,692 · program services $141,738 · management and general $9,884 · fundraising $14,070

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 11g · Fees: other

    total $7,323 · management and general $7,323

  • 12 · Advertising and promotion

    total $10,502 · program services $1,528 · management and general $4,509 · fundraising $4,465

  • 13 · Office expenses

    total $242,841 · program services $212,037 · management and general $18,225 · fundraising $12,579

  • 14 · Information technology

    total $11,397 · program services $9,871 · management and general $1,259 · fundraising $267

  • 16 · Occupancy

    total $151,996 · program services $135,339 · management and general $13,757 · fundraising $2,900

  • 17 · Travel

    total $2,866 · program services $2,452 · management and general $171 · fundraising $243

  • 20 · Interest

    total $10,877 · management and general $10,877

  • 22 · Depreciation, depletion and amortization

    total $111,046 · program services $96,188 · management and general $12,271 · fundraising $2,587

  • 23 · Insurance

    total $40,529 · program services $32,681 · management and general $5,984 · fundraising $1,864

  • 24a · Other expenses: CONTRACT SERVICES

    total $310,301 · program services $176,111 · management and general $340 · fundraising $133,850

  • 24b · Other expenses: PROFESSIONAL DEVELOPMEN

    total $134,836 · program services $134,836

  • 24c · Other expenses: MEETING SUPPORT & SUPPL

    total $12,278 · program services $12,278

  • 24d · Other expenses: PSYCHOLOGICAL SUPPORT

    total $7,460 · program services $7,460

  • 24e · All other expenses

    total $25,087 · program services $8,290 · management and general $7,573 · fundraising $9,224

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $367,185 · end of year $654,306

  • 2 · Savings and temporary cash investments

    beginning of year $1,159,887 · end of year $965,696

  • 3 · Pledges and grants receivable

    beginning of year $125,000 · end of year $1,762,949

  • 4 · Accounts receivable

    beginning of year $101,316 · end of year $256,048

  • 9 · Prepaid expenses and deferred charges

    beginning of year $326,138 · end of year $14,983

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

    $8,366,068

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

    $920,314

  • 10c · Land, buildings and equipment, net

    beginning of year $1,145,868 · end of year $7,445,754

  • 12 · Investments: other securities

    beginning of year $655,254 · end of year $775,391

  • 15 · Other assets

    beginning of year $139,906 · end of year $100,576

  • 17 · Accounts payable and accrued expenses

    beginning of year $122,451 · end of year $122,514

  • 19 · Deferred revenue

    beginning of year $18,654 · end of year $23,317

  • 23 · Secured mortgages and notes payable

    end of year $4,365,865

  • 25 · Other liabilities

    beginning of year $127,137 · end of year $82,026

  • 27 · Net assets without donor restrictions

    beginning of year $2,866,066 · end of year $4,535,397

  • 28 · Net assets with donor restrictions

    beginning of year $886,246 · end of year $2,846,584

Mission and programs · 2023

Mission

TO ENSURE THE AVAILABILITY AND AFFORDABILITY OF HIGH QUALITY EARLY CHILDHOOD AND FAMILY SUPPORT PROGRAMS FOR CHILDREN OF INCOME ELIGIBLE WORKING FAMILIES IN INDIAN RIVER COUNTY.

  • PROVIDE TUITION ASSISTANCE FOR 52 TODDLER AND PRESCHOOL CHILDCARE FOR INCOME ELIGIBLE WORKING FAMILIES IN INDIAN RIVER COUNTY.

    Expenses $212,904 · Grants $125,535 · Revenue $419,889

  • OUTREACH PROGRAM PROVIDES PROFESSIONAL DEVELOPMENT TRAINING AND OTHER SUPPORT SERVICES FOR TEACHERS AND PARENTS.

    Expenses $242,336

  • THE EDUCATION CENTER PROVIDES AFFORDABLE QUALITY CHILDCARE AND PRESCHOOL FOR 116 CHILDREN OF INCOME ELIGIBLE FAMILIES' AGES SIX WEEKS TO FIVE YEARS.

    Expenses $2,594,329 · Revenue $12,000

  • PROVIDES PARENT EDUCATION CLASSES AND PSYCHOLOGICAL ASSISTANCE FOR PARENTS AND CHILDREN IN THE ABOVE CHILDCARE PROGRAM.

    Expenses $75,382

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

Listed in Part VII

  • Jennifer Peshke

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Tracy Sorzano

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    2

  • Jim Beindorf

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Christina Hammarskjold

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Kyle Thurn

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Helen Boehm Johnson

    OFFICER AT LARGE

    Total calculated
    $0
    Hours/week
    1

  • Susan Donovan

    OFFICER AT LARGE

    Total calculated
    $0
    Hours/week
    1

  • Mary Sue Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shala Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Griffis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Barbara Horton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Megan Knurr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Casey Lunceford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matthew McCain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amanda Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shannon McGuire Bowman

    EXECUTIVE DIRECTOR

    Total calculated
    $137,242
    From this org
    $133,245
    From related orgs
    $0
    Other
    $3,997
    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
10 April 2025
IRS schema version
2023v6.0
Source object
202501009349300315

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