PLATINUM2024

CHILD CARE RESOURCES INC

Nourishing the Future

Richmond, VA   |  www.CcResourcesInc.org
GuideStar Charity Check

CHILD CARE RESOURCES INC

EIN: 54-1647608


Mission

We connect children's centers with resources to provide healthy early learning programming.

Ruling year info

1993

Principal Officer

Mr. Donald Goff

Main address

5 E 2nd Street

Richmond, VA 23224 USA

Show more contact info

EIN

54-1647608

Subject area info

Early childhood education

Nutrition

Community food systems

Agriculture, fishing and forestry

Population served info

Children and youth

Seniors

NTEE code info

Management & Technical Assistance (K02)

Management & Technical Assistance (A02)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Feeding hungry children in lower income areas.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Child & Adult Care Food Program

We are a National Sponsoring Organization for child care centers, adult day care centers, afterschool programs, Head Starts, and Summer Programs participating in the USDA Child and Adult Care Food Program.

Population(s) Served
Children and youth
Seniors

Provide funding with USDA to serve After-school Meals to children in lower income areas.

Population(s) Served
Children and youth

Serving children meals when school is out.

Population(s) Served

Providing meals to under-served areas during emergencies through bulk-distribution, food tents, delivery.

Population(s) Served

Provide training to child care staff in child nutrition, family-style meal service, food logistics and procurement, Lifeguard certification, ServSafe certification, Cooking Matters cook training, national accreditation mentoring, and Commercial Driver's License training.

Population(s) Served
Children and youth
Children and youth
Children and youth
Children and youth

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of meals served or provided

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Related Program

Child & Adult Care Food Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of children reached with a meal each school day

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Number of children served each day as opposed to number of meals served each day. Some children receive more than one meal.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Improving the health of children to grow up to be productive adults.

Feeding children in birth through Preschool, Elementary, Middle, and High School healthy foods. Reducing food insecurity by ensuring food is readily available for children to grow physically, emotionally, and academically.

Leveraging funds through local partnerships, Child Care Resources, Inc. uses economies of scale to lessen the burden of administering this federal nutrition program. Centralized kitchens and administration reduces costs.

We feed 20,000+ children per day nutritious meals. We provide on nutrition education and food program administration so other organizations can emulate our success.

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.30

Average of 0.71 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.8

Average of 0.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

10%

Average of 18% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

CHILD CARE RESOURCES INC

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

CHILD CARE RESOURCES INC

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

CHILD CARE RESOURCES INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of CHILD CARE RESOURCES INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $56,350 $32,821 $92,688 $823,284 $264,077
As % of expenses 0.6% 0.3% 1.1% 8.0% 1.9%
Unrestricted surplus (deficit) after depreciation $51,820 $27,709 $85,771 $814,188 $251,929
As % of expenses 0.6% 0.3% 1.0% 7.9% 1.8%
Revenue composition info
Total revenue (unrestricted & restricted) $8,904,314 $10,324,059 $8,739,586 $11,141,593 $14,086,628
Total revenue, % change over prior year 45.3% 15.9% -15.3% 27.5% 26.4%
Program services revenue 100.0% 100.0% 99.7% 98.1% 99.3%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 1.6% 0.0%
All other grants and contributions 0.0% 0.0% 0.1% 0.1% 0.7%
Other revenue 0.0% 0.0% 0.1% 0.2% 0.0%
Expense composition info
Total expenses before depreciation $8,847,964 $10,291,238 $8,823,898 $10,318,309 $13,822,551
Total expenses, % change over prior year 43.5% 16.3% -14.3% 16.9% 34.0%
Personnel 9.9% 9.7% 12.4% 9.6% 8.7%
Professional fees 0.6% 0.5% 0.8% 0.7% 0.5%
Occupancy 0.6% 0.7% 0.8% 0.7% 0.8%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 89.0% 89.1% 86.0% 89.0% 90.0%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $8,852,494 $10,296,350 $8,830,815 $10,327,405 $13,834,699
One month of savings $737,330 $857,603 $735,325 $859,859 $1,151,879
Debt principal payment $0 $0 $50,000 $0 $0
Fixed asset additions $0 $8,622 $7,789 $0 $37,619
Total full costs (estimated) $9,589,824 $11,162,575 $9,623,929 $11,187,264 $15,024,197

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.0 0.1 0.7 1.0 0.8
Months of cash and investments 0.0 0.1 0.7 1.0 0.8
Months of estimated liquid unrestricted net assets 0.3 0.2 0.4 1.3 1.2
Balance sheet composition info 2018 2019 2020 2021 2022
Cash -$31,735 $63,949 $549,638 $854,663 $918,632
Investments $0 $0 $0 $0 $0
Receivables $1,558,730 $2,133,289 $1,579,468 $2,154,968 $3,457,197
Gross land, buildings, equipment (LBE) $33,073 $38,878 $38,548 $38,991 $58,089
Accumulated depreciation (as a % of LBE) 53.8% 51.7% 49.0% 52.2% 24.1%
Liabilities (as a % of assets) 86.9% 89.6% 85.3% 62.7% 68.8%
Unrestricted net assets $0 $0 $0 $0 $0
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $203,900 $231,609 $317,380 $1,131,568 $1,383,497

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Mr. Donald Goff

Goff has been involved early childhood education for 21 years--both as a multi-site child care manager and as a sponsor for children's programs for the USDA Child and Adult Care Food Program. Goff is on the Board of Directors for the Virginia Child Care Association, and he is the President of the Virginia Child and Adult Care Food Program Sponsors Association.

Number of employees

Source: IRS Form 990

CHILD CARE RESOURCES INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

CHILD CARE RESOURCES INC

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

CHILD CARE RESOURCES INC

Board of directors
as of 05/17/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Donald Goff

Executive Director

Term: 2011 - 2012

Donald R Goff

Organizational demographics

SOURCE: Self-reported; last updated 12/7/2020

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity
Male
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 12/07/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.