A Precious Child Inc
- Assets
- $10.7m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 60
- Location
- Broomfield, CO
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-3349334
Organization Overview
A Precious Child Inc is located in Broomfield, CO. The organization was established in 2009. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, A Precious Child Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Precious Child Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, A Precious Child Inc generated $12.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $12.3m during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRECIOUS CHILD EMPOWERS CHILDREN IN NEED TO ACHIEVE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRECIOUS ESSENTIALS PROVIDES CLOTHING, COATS, SHOES, FOOD, TOILETRIES, HOME GOODS, AND OTHER ESSENTIALS TO CHILDREN AND THEIR FAMILIES STRUGGLING WITH POVERTY OR EMERGENCY SITUATIONS THROUGH OUR MAIN RESOURCE CENTER AND 50 SATELLITE RESOURCE CENTERS ACROSS THE DENVER METRO AREA. IN 2021, A VALUE OF OVER $5.5 MILLION IN ESSENTIALS WERE PROVIDED TO OVER 17,685 LOCAL RESIDENTS IN NEED.
BASICS 4 BABIES PROVIDES BASIC NECESSITIES SUCH AS DIAPERS, WIPES, AND BABY GEAR TO FAMILIES WITH INFANTS WHO WOULD OTHERWISE RATION THESE PRODUCTS OR GO WITHOUT. THE PROGRAM ALSO PROVIDES ACCESS TO BRIGHT BY THREE KITS AS A MEANS OF POSITIVELY IMPACTING EARLY LITERACY SKILLS, DEVELOPMENT, HEALTH, AND SAFETY OF THE CHILDREN. IN 2021, BASICS 4 BABIES PROVIDED DIAPERS, WIPES, FORMULA, AND OTHER BABY ESSENTIALS TO 4,600 INFANTS AND TODDLERS IN NEED.
FILL A BACKPACK PROGRAM PROVIDES BACKPACKS FILLED WITH GRADE-APPROPRIATE SCHOOL SUPPLIES TO CHILDREN IN NEED TO MAXIMIZE THEIR ACADEMIC POTENTIAL. IN 2021, FILL A BACKPACK PROVIDED BACKPACKS TO 20,177 CHILDREN IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carina Martin CEO & Founder | Officer | 40 | $96,754 |
Andy Conigliaro Chair | OfficerTrustee | 5 | $0 |
Valerie Finberg Secretary | OfficerTrustee | 2 | $0 |
Nate Carey Treasurer | OfficerTrustee | 1 | $0 |
Steve Katsirubas Vice Chair | OfficerTrustee | 1 | $0 |
Meg Dingae Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $65,191 |
| Membership dues | $0 |
| Fundraising events | $207,345 |
| Related organizations | $0 |
| Government grants | $459,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,349,567 |
| Noncash contributions included in lines 1a–1f | $6,630,114 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,081,158 |
| Total Program Service Revenue | $0 |
| Investment income | $14,508 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,095,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,752,106 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,754 |
| Compensation of current officers, directors, key employees. | $9,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,812,388 |
| Pension plan accruals and contributions | $10,233 |
| Other employee benefits | $93,798 |
| Payroll taxes | $153,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $218,463 |
| Advertising and promotion | $39,354 |
| Office expenses | $152,185 |
| Information technology | $247,876 |
| Royalties | $0 |
| Occupancy | $365,673 |
| Travel | $22,512 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,609 |
| Insurance | $29,164 |
| All other expenses | $0 |
| Total functional expenses | $12,333,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,132,639 |
| Savings and temporary cash investments | $2,740,261 |
| Pledges and grants receivable | $401,346 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $615,687 |
| Prepaid expenses and deferred charges | $162,846 |
| Net Land, buildings, and equipment | $5,552,508 |
| Investments—publicly traded securities | $46,122 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,651,409 |
| Accounts payable and accrued expenses | $389,678 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,747,045 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,136,723 |
| Net assets without donor restrictions | $4,880,342 |
| Net assets with donor restrictions | $1,634,344 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,651,409 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A Precious Child Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Nessinger Family Foundation Denver, CO PURPOSE: GENERAL PURPOSE | $40,000 |
Endowment Analysis
| Beg. Balance | $22,443 |
| Earnings | $7,482 |
| Net Contributions | $16,197 |
| Ending Balance | $46,122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childhelp Inc Scottsdale, AZ | $27,663,489 | $48,183,793 |
Jewish Family & Childrens Service Phoenix, AZ | $35,725,821 | $43,815,904 |
Kidstlc Inc Olathe, KS | $31,030,355 | $24,436,470 |
Clayton Early Learning Denver, CO | $55,457,457 | $17,594,627 |
Kansas Childrens Service League Wichita, KS | $10,344,235 | $17,651,176 |
Youth Development Institute Phoenix, AZ | $7,642,122 | $15,390,888 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
A Precious Child Inc Broomfield, CO | $10,651,409 | $12,095,666 |
Tennyson Center For Children At Colorado Christian Home Denver, CO | $16,755,505 | $11,768,822 |
Arizona Baptist Childrens Services Tucson, AZ | $6,943,663 | $9,654,753 |
Child Saving Institute Inc Omaha, NE | $4,800,291 | $9,949,776 |
Hope And Home Colorado Springs, CO | $12,687,463 | $9,895,799 |