Child & Family Services Inc Of Lea County
- Assets
- $1.8m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 127
- Location
- Hobbs, NM
- Founding
- 04/1992
- Data as of
- 07/2023
- EIN
- 85-0386818
Organization Overview
Child & Family Services Inc Of Lea County is located in Hobbs, NM. The organization was established in 1992. 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 07/2023, Child & Family Services Inc Of Lea County employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child & Family Services Inc Of Lea County 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 07/2023, Child & Family Services Inc Of Lea County generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $5.0m during the year ending 07/2023. While expenses have increased by 3.4% per year over the past 8 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 PROVIDE A HIGH-QUALITY, COMPREHENSIVE LITERACY-RICH CHILD DEVELOPMENT PROGRAM AND PRO-FAMILY SYSTEM OF SERVICES AND SUPPORTS PRIMARILY TO CHILDREN AND FAMILIES WHO ARE ECONOMICALLY DISADVANTAGED, WHICH RESULTS IN CHILDREN WHO ARE HEALTHY AND EQUIPPED WITH A SOLID FOUNDATION OF SUCCESS ON WHICH TO BUILD FUTURE SCHOOL AND LIFE SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START PRE-SCHOOL AND EARLY HEAD START SERVICES ARE PROVIDED FREE OF CHARGE THROUGH A FEDERAL GRANT FUNDED BY THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES. SERVICES WERE PROVIDED TO 379 CHILDREN DURING THE SCHOOL YEAR. AGENCY FUNDS GENERATED FROM VARIOUS SOURCES SUPPORT THE HEAD START AND EARLY HEAD START PROGRAMS.
CHILD CARE SERVICES ARE PROVIDED ON A SLIDING SCALE FEE. OVER NINETY PERCENT (90%) OF THE FAMILIES ARE ECONOMICALLY DISADVANTAGED AND PAY A MINIMAL FEE TO ABSORB THE DAILY OPERATIONAL COSTS. FAMILIES WHOSE INCOME IS AT 150% OR BELOW THE FEDERAL GUIDELINES ARE ABLE TO OBTAIN A CHILD CARE STATE SUBSIDY CONTRACT THROUGH THE NEW MEXICO CHILDREN, YOUTH AND FAMILIES DEPARTMENT THAT PAYS ALL OR A PARTIAL AMOUNT OF THEIR CHILD CARE DIRECTLY TO CFS, INC. CHILD CARE SERVICES WERE PROVIDED TO APPROXIMATELY 146 CHILDREN.
THE SUMMER LUNCH PROGRAM PROVIDES CHILDREN WITH BREAKFASTS AND LUNCHES AT NO COST DURING THE SUMMER MONTHS. THE PROGRAM IS FUNDED ON A REIMBURSEMENT BASIS BY THE US DEPARTMENT OF AGRICULTURE THROUGH THE NEW MEXICO CHILDREN, YOUTH AND FAMILIES DEPARTMENT. THE REIMBURSEMENTS FOR THE FOOD PROGRAM ARE USED TO PAY FOR MEALS, SUPPLIES, SALARIES OF OPERATIONAL STAFF AND ADMINISTRATIVE COSTS INCURRED BY THE PROGRAM. THE PROGRAM SERVED A TOTAL OF 40,172 MEALS TO APPROXIMATELY 1,500 CHILDREN AGES ONE TO 18 THROUGHOUT THE SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Jones President | OfficerTrustee | 2 | $0 |
Rose Scott Secretary | OfficerTrustee | 2 | $0 |
Erica Pacheco Treasurer | OfficerTrustee | 2 | $0 |
Wilma Brooks Director | Trustee | 2 | $0 |
Emma Cates Director | Trustee | 2 | $0 |
Joe Zebas Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,582,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,582,984 |
| Total Program Service Revenue | $27,545 |
| Investment income | $0 |
| 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 | $4,629,643 |
| 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. | $174,260 |
| Compensation of current officers, directors, key employees. | $136,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,671,344 |
| Pension plan accruals and contributions | $48,850 |
| Other employee benefits | $368,349 |
| Payroll taxes | $210,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $125,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,827 |
| Advertising and promotion | $11,908 |
| Office expenses | $223,116 |
| Information technology | $83,339 |
| Royalties | $0 |
| Occupancy | $382,953 |
| Travel | $55,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,205 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $127,206 |
| Insurance | $112,114 |
| All other expenses | $0 |
| Total functional expenses | $5,013,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $695,662 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $311,803 |
| Accounts receivable, net | $11,460 |
| 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 | $0 |
| Net Land, buildings, and equipment | $788,566 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,807,491 |
| Accounts payable and accrued expenses | $197,881 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,400 |
| Total liabilities | $237,281 |
| Net assets without donor restrictions | $1,554,806 |
| Net assets with donor restrictions | $15,404 |
| 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 | $1,807,491 |