Child Care Connection Inc
- Assets
- $2.3m
- Revenue
- $30.4m
- Investments
- $0.0
- Employees
- 44
- Location
- Anchorage, AK
- Founding
- 07/1986
- Data as of
- 06/2022
- EIN
- 92-0113419
Organization Overview
Child Care Connection Inc is located in Anchorage, AK. The organization was established in 1986. 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, Child Care Connection Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child Care Connection 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 06/2022, Child Care Connection Inc generated $30.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $30.2m during the year ending 06/2022. While expenses have increased by 29.7% 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.
Since 2015, Child Care Connection Inc has awarded 371 individual grants totaling $31,611,406. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE QUALITY OF EARLY EDUCATION AND CHILD DEVELOPMENT BY EMPOWERING PARENTS, EDUCATING CHILD CARE PROFESSIONALS, AND COLLABORATING WITH OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALASKA DEPARTMENT OF HEALTH AND SOCIAL SERVICES AND OTHER PRIVATE AND NON-GOVERNMENTAL GRANTS AND MUNICIPALITY GRANTS. TO SUPPORT FAMILIES IN CHOOSING CHILD CARE AND TO IMPROVE THE QUALITY OF CHILD CARE PROGRAMS BY PROVIDING TRAINING AND TECHNICAL ASSISTANCE TO EARLY EDUCATORS AND CHILD CARE PROGRAMS AND COVID-19 STABILIZATION GRANT SUPPORT TO EARLY CHILD CARE PROGRAMS AND EARLY EDUCATORS.
ALASKA DEPARTMENT OF HEALTH AND SOCIAL SERVICES. CCAP. CHILD CARE ASSISTANCE PROGRAM.
ALASKA DEPARTMENT OF EDUCATION AND EARLY DEVELOPMENT: EARLY LEARNING SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Berglund CEO | Officer | 40 | $182,074 |
Reme Lampon CFO | Officer | 40 | $135,990 |
Melinda Myers COO | Officer | 40 | $132,703 |
Jennifer Pollard Cdmo | Officer | 40 | $112,799 |
Starr Marsett Director | Trustee | 0.28 | $0 |
Chris Sturm Director | Trustee | 0.22 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arkus Inc Database Developer | 6/29/20 | $148,575 |
Mcdowell Group Inc Ak Bus. Surv Dev | 6/29/20 | $105,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $986 |
| Membership dues | $0 |
| Fundraising events | $10,500 |
| Related organizations | $0 |
| Government grants | $29,861,059 |
| All other contributions, gifts, grants, and similar amounts not included above | $151,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,023,669 |
| Total Program Service Revenue | $290,897 |
| Investment income | $71,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $203 |
| Net Income from Fundraising Events | $15,455 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,433,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,562,451 |
| Grants and other assistance to domestic individuals. | $6,206,420 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $532,324 |
| Compensation of current officers, directors, key employees. | $96,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,012,341 |
| Pension plan accruals and contributions | $63,914 |
| Other employee benefits | $337,902 |
| Payroll taxes | $202,759 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $462,989 |
| Advertising and promotion | $37,895 |
| Office expenses | $47,765 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $190,920 |
| Travel | $14,281 |
| 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 | $21,362 |
| Insurance | $10,516 |
| All other expenses | $59,229 |
| Total functional expenses | $30,204,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,163 |
| Savings and temporary cash investments | $35,080 |
| Pledges and grants receivable | $1,067,670 |
| Accounts receivable, net | $31,388 |
| 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 | $22,757 |
| Net Land, buildings, and equipment | $55,651 |
| Investments—publicly traded securities | $667,023 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $163,288 |
| Total assets | $2,280,020 |
| Accounts payable and accrued expenses | $189,681 |
| 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 | $299,806 |
| Total liabilities | $489,487 |
| Net assets without donor restrictions | $1,757,615 |
| Net assets with donor restrictions | $32,918 |
| 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 | $2,280,020 |
Grants Awarded
Over the last fiscal year, Child Care Connection Inc has awarded $19,491,551 in support to 245 organizations.
| Grant Recipient | Amount |
|---|---|
PLAY N LEARN DBA THRIVALASKA PURPOSE: US DofHHN ALN Subrecipient | $1,013,781 |
AEYC-SEA PURPOSE: US DofHHN ALN Subrecipient | $160,000 |
CREDIT UNION 1 LEARNING CENTE PURPOSE: Covid19 Program Support | $52,150 |
HILLCREST CHILDRENS SERVICES PURPOSE: Covid19 Program Support | $92,450 |
CLOVER PASS CHRISTIAN SCHOOL PURPOSE: Covid19 Program Support | $12,650 |
PETERSBURG CHILDRENS CENTER PURPOSE: Covid19 Program Support | $89,150 |