Child Care Resources Inc

Organization Overview

Child Care Resources Inc is located in Charlotte, NC. The organization was established in 1982. 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 06/2021, Child Care Resources Inc employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child Care 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 Care Resources Inc generated $14.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $14.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WORKS TO ENSURE ACCESS TO HIGH QUALITY, AFFORDABLE EARLY LEARNING AND SCHOOL-AGE OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 1982, CHILD CARE RESOURCES INC. (CCRI) HAS BEEN THE DRIVING FORCE BEHIND CHILD CARE SERVICES FOR FAMILIES ACROSS THE ECONOMIC SPECTRUM IN THE CENTRAL CAROLINAS. BEYOND ITS DIRECT SERVICE AREA, CCRI ALSO PLAYS A CRITICAL ROLE AT THE STATE AND REGIONAL LEVELS BY LEADING SEVERAL KEY STATEWIDE INITATIVES, SERVING AS ONE OF THREE AGENCIES THAT CO-LEAD THE NC CHILD CARE RESOURCE AND REFERRAL COUNCIL, AND ADVOCATING FOR SYSTEMIC IMPROVEMENTS THROUGH AN ARRAY OF SUPPORTIVE SERVICES FOR YOUNG CHILDREN, THEIR FAMILIES, AND EARLY EDUCATORS AND PROGRAM ADMINISTRATORS. CCRI PROGRAMS: CCRI SERVES CENTRAL CAROLINA FAMILIES OF CHILDREN FROM BIRTH THROUGH FIVE AND FAMILIES OF SCHOOL-AGE CHILDREN SEEKING LICENSED BEFORE AND AFTER SCHOOL CHILD CARE PROGRAMS.


SINCE 1982, CHILD CARE RESOURCES INC. (CCRI) HAS BEEN THE DRIVING FORCE BEHIND CHILD CARE SERVICES FOR FAMILIES ACROSS THE ECONOMIC SPECTRUM IN THE CENTRAL CAROLINAS. BEYOND ITS DIRECT SERVICE AREA, CCRI ALSO PLAYS A CRITICAL ROLE AT THE STATE AND REGIONAL LEVELS BY LEADING SEVERAL KEY STATEWIDE INITATIVES, SERVING AS ONE OF THREE AGENCIES THAT CO-LEAD THE NC CHILD CARE RESOURCE AND REFERRAL COUNCIL, AND ADVOCATING FOR SYSTEMIC IMPROVEMENTS THROUGH AN ARRAY OF SUPPORTIVE SERVICES FOR YOUNG CHILDREN, THEIR FAMILIES, AND EARLY EDUCATORS AND PROGRAM ADMINISTRATORS. CCRI PROGRAMS: CCRI SERVES CENTRAL CAROLINA FAMILIES OF CHILDREN FROM BIRTH THROUGH FIVE AND FAMILIES OF SCHOOL-AGE CHILDREN SEEKING LICENSED BEFORE AND AFTER SCHOOL CHILD CARE PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Janet Singerman
President & CEO
$250,096
Carolyn Hazeldine
COO
$110,390
Russell Coleman
Interim Svp, Finance
$63,097
Charles J Harris
Chair
$0
Rodney Gaddy
Vice Chair
$0
Tom Coyle
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$566,379
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $13,159,163
All other contributions, gifts, grants, and similar amounts not included above$402,074
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,127,616
Total Program Service Revenue$247,697
Investment income $128,007
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $353,211
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,856,531

Grants Awarded

Over the last fiscal year, Child Care Resources Inc has awarded $45,204,418 in support to 4 organizations.

Grant RecipientAmount

MECKLENBURG COUNTY

PURPOSE: financial assistance program - child care services

$39,066,932

MECKLENBURG COUNTY DEPARTMENT OF SOCIAL SERVICES

PURPOSE: financial assistance program - smart start subsidy

$5,075,057

CITY OF CHARLOTTE

PURPOSE: financial assistance program - child care funding

$818,165

STATE OF NORTH CAROLINA

PURPOSE: financial assistance program - child and adult care food program

$244,264
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 25 grants that Child Care Resources Inc has recieved totaling $2,680,413.

Awarding OrganizationAmount
Mecklenburg Partnership For Children

Charlotte, NC

PURPOSE: QUALITY EVERY DAY

$1,356,259
Child Care Services Association

Chapel Hill, NC

PURPOSE: CCR&R

$448,379
United Way Of Greater Charlotte

Charlotte, NC

PURPOSE: PROGRAM OPERATING COSTS; DONOR DESIGNATED 3RD PARTY FOR PROGRAM OPERATING COSTS

$409,594
Mecklenburg Partnership For Children

Charlotte, NC

PURPOSE: PRESCHOOL

$241,155
Mecklenburg Partnership For Children

Charlotte, NC

PURPOSE: RAISING A READER

$91,554
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$49,914
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,683,028
Earnings$363,947
Ending Balance$2,046,975

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