Sterling Rock Falls Day Care Center
- Assets
- $1.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 48
- Location
- Sterling, IL
- Founding
- 07/1977
- Data as of
- 06/2022
- EIN
- 36-2904063
Organization Overview
Sterling Rock Falls Day Care Center is located in Sterling, IL. The organization was established in 1977. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2022, Sterling Rock Falls Day Care Center employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sterling Rock Falls Day Care Center 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 06/2022, Sterling Rock Falls Day Care Center generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $906.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DAY CARE SERVICES TO CHILDREN WHO ARE IN NEED OF PUBLIC ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DAYCARE SERVICES TO CHILDREN WHO ARE RECEIVING PUBLIC AID OR WHOSE PARENTS ARE IN SOME FORM OF EMPLOYMENT OR WHOSE HOME LIFE MAY BE INADEQUATE FOR NORMAL MENTAL AND PHYSICAL DEVELOPMENT.
PROVIDE DAYCARE SERVICES TO CHILDREN WHO ARE RECEIVING PUBLIC AID OR WHOSE PARENTS ARE IN SOME FORM OF EMPLOYMENT OR WHOSE HOME LIFE MAY BE INADEQUATE FOR NORMAL MENTAL AND PHYSICAL DEVELOPMENT.
PROVIDE DAYCARE SERVICES TO CHILDREN WHO ARE RECEIVING PUBLIC AID OR WHOSE PARENTS ARE IN SOME FORM OF EMPLOYMENT OR WHOSE HOME LIFE MAY BE INADEQUATE FOR NORMAL MENTAL AND PHYSICAL DEVELOPMENT.
PROVIDE DAYCARE SERVICES TO CHILDREN WHO ARE RECEIVING PUBLIC AID OR WHOSE PARENTS ARE IN SOME FORM OF EMPLOYMENT OR WHOSE HOME LIFE MAY BE INADEQUATE FOR NORMAL MENTAL AND PHYSICAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kip Aitken Vice Preside | OfficerTrustee | 2 | $0 |
Tara Beer Secretary | OfficerTrustee | 2 | $0 |
Marty Benson Treasurer | OfficerTrustee | 5 | $0 |
Michelle Campbell Director | Trustee | 2 | $0 |
Tammy Chino Director | Trustee | 2 | $0 |
Rick Erdman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $667,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $667,350 |
| Total Program Service Revenue | $564,069 |
| Investment income | $245 |
| 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 | $1,231,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $564,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $43,327 |
| 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 | $31,734 |
| Advertising and promotion | $177 |
| Office expenses | $412 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,425 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,295 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,288 |
| Insurance | $37,573 |
| All other expenses | $9,963 |
| Total functional expenses | $906,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250 |
| Savings and temporary cash investments | $296,876 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $172,571 |
| 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 | $88 |
| Net Land, buildings, and equipment | $1,261,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,731,779 |
| Accounts payable and accrued expenses | $50,062 |
| 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 | $851,341 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $684 |
| Total liabilities | $902,087 |
| Net assets without donor restrictions | $744,492 |
| Net assets with donor restrictions | $85,200 |
| 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 | $1,731,779 |