Child Development Resources Inc
- Assets
- $11.3m
- Revenue
- $15.2m
- Investments
- $0.0
- Employees
- 125
- Location
- Williamsburg, VA
- Founding
- 05/1973
- Data as of
- 06/2021
- EIN
- 54-0791991
Organization Overview
Child Development Resources Inc is located in Williamsburg, VA. The organization was established in 1973. As of 06/2021, Child Development Resources Inc employed 125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child Development Resources 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 06/2021, Child Development Resources Inc generated $15.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $10.3m during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 6 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
CDR IS A PRIVATE, NON-PROFIT AGENCY THAT PROVIDES SERVICES FOR YOUNG CHILDREN AND THEIR FAMILIES IN THE COMMUNITY, AND TRAINING FOR EARLY CHILDHOOD PROFESSIONALS THROUGHOUT THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY HEAD START SERVICES ARE OFFERED TO LOW INCOME INFANT/TODDLER FAMILIES AND IS DESIGNED TO PROVIDE FAMILY CENTERED SERVICES THAT FACILITATE CHILD DEVELOPMENT, SUPPORT PARENTAL ROLES AND PROMOTE SELF SUFFICIENCY. 166 CHILDREN AND 17 PREGNANT WOMEN SERVED.
THE VIRGINIA INFANT & TODDLER SPECIALIST NETWORK PROVIDED 7,816 HOURS OF COACHING SERVICES TO 287 EARLY CARE PROGRAMS THROUGHOUT VIRGINIA AND CONDUCTED 1,739 TRAINING EVENTS FOR 22,836 CAREGIVERS, TEACHERS, AND DIRECTORS THAT CARE FOR INFANTS AND TODDLERS. SERVICES ARE PROVIDED BY 28 INFANT AND TODDLER SPECIALISTS AND CONSULTANTS LOCATED IN 9 REGIONAL OFFICES THROUGHOUT THE STATE, WITH CDR AS THE CENTRAL OFFICE OF THE VA ITSN.
INFANT-PARENT PROGRAM ASSIST CHILDREN WITH DEVELOPMENTAL DELAYS AND DISABILITIES, FROM BIRTH TO THREE YEARS OLD, AND THEIR FAMILIES. 431 CHILDREN SERVED.
PAT, 1-2-3 READ, AND VARIOUS OTHER PROGRAMS FOR FAMILIES WITH YOUNG CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul F Scott Executive Director | Officer | 40 | $116,575 |
Leigh Houghland Chair | OfficerTrustee | 3 | $0 |
Virginia Mclaughlin Secretary | OfficerTrustee | 3 | $0 |
Edward Robinson Treasurer | OfficerTrustee | 3 | $0 |
Pamela Penny Vice Chair | OfficerTrustee | 3 | $0 |
Alex Hutcherson Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Childsavers Monitor & Train Childcare Professionals | 6/29/21 | $297,876 |
Fairfax County Office For Childrendfs Monitor & Train Childcare Professionals | 6/29/21 | $442,210 |
Via Design Architects Pc Architect For New Building Design | 6/29/21 | $230,670 |
Children's Harbor Monitor & Train Childcare Professionals | 6/29/21 | $176,769 |
Stafford County Schools Monitor & Train Childcare Professionals | 6/29/21 | $175,391 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $78,753 |
| Membership dues | $0 |
| Fundraising events | $107,663 |
| Related organizations | $0 |
| Government grants | $9,922,870 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,123,177 |
| Noncash contributions included in lines 1a–1f | $52,699 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,232,463 |
| Total Program Service Revenue | $760,366 |
| Investment income | $60,559 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $89,938 |
| Net Income from Fundraising Events | $32,984 |
| Net Income from Gaming Activities | $25,460 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,219,649 |
| 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. | $143,206 |
| Compensation of current officers, directors, key employees. | $143,206 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,691,839 |
| Pension plan accruals and contributions | $281,929 |
| Other employee benefits | $451,486 |
| Payroll taxes | $352,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $69,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,047,967 |
| Advertising and promotion | $916 |
| Office expenses | $1,289,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $124,790 |
| Travel | $56,605 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,712 |
| Interest | $28,362 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,942 |
| Insurance | $26,209 |
| All other expenses | $102,513 |
| Total functional expenses | $10,317,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $941,299 |
| Savings and temporary cash investments | $377,019 |
| Pledges and grants receivable | $3,109,475 |
| Accounts receivable, net | $77,690 |
| 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 | $3,198 |
| Net Land, buildings, and equipment | $1,206,029 |
| Investments—publicly traded securities | $5,547,836 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,775 |
| Total assets | $11,270,321 |
| Accounts payable and accrued expenses | $675,159 |
| Grants payable | $0 |
| Deferred revenue | $5,240 |
| 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 | $10,147 |
| Total liabilities | $690,546 |
| Net assets without donor restrictions | $6,322,502 |
| Net assets with donor restrictions | $4,257,273 |
| 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 | $11,270,321 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Child Development Resources Inc has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Robert Mceldowney Jr Family Foundation Williamsburg, VA PURPOSE: COMMUNITY BASED | $750 |
Endowment Analysis
| Beg. Balance | $2,058,265 |
| Earnings | $594,060 |
| Net Contributions | $131,335 |
| Other Expense | $46,716 |
| Ending Balance | $2,736,944 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Council For Lex- Fayette Bourb Harr Nich Counties Lexington, KY | $22,428,831 | $42,222,919 |
Douglas-Cherokee Economic Authority Inc Morristown, TN | $21,080,694 | $28,197,437 |
Kceoc Community Action Partnership Inc Barbourville, KY | $16,252,725 | $27,250,667 |
Deutscher Schulverein Washington D C Potomac, MD | $19,400,454 | $15,639,750 |
Child Development Resources Inc Williamsburg, VA | $11,270,321 | $15,219,649 |
Leslie Knott Letcher Perry Counties Head Start Program Incorporated Hazard, KY | $4,453,305 | $9,539,093 |
Northern Panhandle Head Start Inc Wheeling, WV | $5,160,650 | $9,138,499 |
Stop Inc Virginia Beach, VA | $1,247,285 | $5,024,473 |
Kids Central Inc Norton, VA | $1,667,236 | $4,747,258 |
Imprints Cares Winstonsalem, NC | $2,010,367 | $4,396,994 |
Parent Child Development Corporation West Point, VA | $1,580,290 | $3,372,294 |
Intermountain Childrens Services Inc Spruce Pine, NC | $1,262,032 | $2,994,664 |