Child Development Associates Incorporated
- Assets
- $26.1m
- Revenue
- $163.0m
- Investments
- $0.0
- Employees
- 418
- Location
- Bonita, CA
- Founding
- 10/1986
- Data as of
- 06/2023
- EIN
- 33-0050042
Organization Overview
Child Development Associates Incorporated is located in Bonita, CA. The organization was established in 1986. As of 06/2023, Child Development Associates Incorporated employed 418 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child Development Associates Incorporated 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 06/2023, Child Development Associates Incorporated generated $163.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $163.1m during the year ending 06/2023. While expenses have increased by 11.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND SUPPORT THE SUCCESS AND WELLBEING OF CHILDREN, FAMILIES AND THE CHILD CARE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD CARE SERVICES ARE FUNDED BY U.S. DEPT. OF HEALTH AND HUMAN SERVICES AND CALIFORNIA DEPARTMENT OF SOCIAL SERVICES. THE ALTERNATIVE PAYMENT PROGRAMS HELP LOW TO MODERATE INCOME FAMILIES AND FAMILIES WHO ARE CURRENTLY OR HAVE RECEIVED CALWORKS CASH AID ASSISTANCE WITHIN THE PAST TWENTY FOUR MONTHS WITH FREE OR REDUCED COST CHILD CARE SERVICES. THE PROGRAMS SERVED APPROXIMATELY 14,396 CHILDREN DURING 249 DAYS OF OPERATION.
CHILD CARE STIPENDS ARE TO HELP CHILD CARE PROVIDERS WITH HARDSHIPS CAUSED BY THE PANDEMIC, SUCH AS REDUCED ENROLLMENT, INCREASED TEACHER TO CHILD RATIOS, ADDITIONALCLEANING COSTS, AND OTHER COSTS. PROVIDERS WHO SERVED CHILDREN RECEIVING SUBSIDIES FROM THE ALTERNATIVE PAYMENT PROGRAMS IN MARCH 2021 WERE ELIGIBLE FOR A $600 PER CHILD STIPEND. THERE WERE 2,116 PROVIDERS ELIGIBLE TO RECEIVE STIPENDS UNDER THIS PROGRAM.
CHILD AND ADULT CARE FOOD PROGRAM IS FUNDED BY U.S. DEPT. OF AGRICULTURE AND CALIFORNIA DEPARTMENT OF SOCIAL SERVICES. THIS PROGRAM REIMBURSES CHILD CARE PROVIDERS FOR THE NUTRITIOUS MEALS THEY SERVE TO THE CHILDREN IN THEIR CARE. CDA CURRENTLY SPONSORS APPROXIMATELY 1,125 FAMILY CHILD CARE HOMES THROUGHOUT SAN DIEGO COUNTY, ORANGE COUNTY, RIVERSIDE COUNTY, SAN BERNARDINO COUNTY, IMPERIAL COUNTY, AND A PORTION OF LOS ANGELES COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Richardson President & CEO | OfficerTrustee | 40 | $401,336 |
Jorge Hernandez VP & Treasurer | Officer | 40 | $260,426 |
Norma Hernandez VP & Secretary | Officer | 40 | $237,198 |
Jolie Buberl Vice President | Officer | 40 | $229,638 |
Vinh Dang It Manager | 40 | $207,731 | |
Erica Nevling Con&fiscalcompl.mg | 40 | $178,343 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A Place Of Our Own Child Development Center Child Care Services | 6/29/23 | $2,554,387 |
Childrens Choice Learning Connection Inc Child Care Services | 6/29/23 | $1,441,781 |
Kuehg Corpkindercare Child Care Services | 6/29/23 | $1,253,494 |
Childrens Paradise Inc Child Care Services | 6/29/23 | $2,335,382 |
Childrens Choice Academy Child Care Services | 6/29/23 | $888,268 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $162,929,896 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,942,453 |
| Total Program Service Revenue | $0 |
| Investment income | $73,728 |
| 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 | $163,037,117 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,640,995 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,569,379 |
| Compensation of current officers, directors, key employees. | $1,569,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,336,446 |
| Pension plan accruals and contributions | $3,047,391 |
| Other employee benefits | $2,417,806 |
| Payroll taxes | $1,215,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,368 |
| Fees for services: Accounting | $66,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,870,118 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,179,820 |
| Travel | $14,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,131 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,981 |
| Insurance | $81,331 |
| All other expenses | $374,903 |
| Total functional expenses | $163,077,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,735,710 |
| Savings and temporary cash investments | $956,185 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,083,063 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $489,234 |
| Net Land, buildings, and equipment | $164,289 |
| Investments—publicly traded securities | $515,460 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,133,420 |
| Total assets | $26,077,361 |
| Accounts payable and accrued expenses | $16,567,856 |
| Grants payable | $0 |
| Deferred revenue | $3,141,081 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,411,236 |
| Total liabilities | $25,120,173 |
| Net assets without donor restrictions | $957,188 |
| Net assets with donor restrictions | $0 |
| 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 | $26,077,361 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Development Associates Incorporated Bonita, CA | $26,077,361 | $163,037,117 |
Drew Child Development Corporation Inc Gardena, CA | $13,410,371 | $43,708,544 |
United Families Inc El Centro, CA | $2,819,240 | $8,317,131 |
Irvine Child Development Center Operating Corporation Irvine, CA | $867,389 | $1,806,476 |
Oceanside Ivey Ranch Park Association Oceanside, CA | $1,387,161 | $1,380,694 |
Resources For Infant Educarers Pasadena, CA | $157,464 | $601,595 |
Child Development Center & The Pines Las Vegas, NV | $584,881 | $23,397 |