Childcare Resources Of Indian River Inc

Organization Overview

Childcare Resources Of Indian River Inc is located in Vero Beach, FL. The organization was established in 1995. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Childcare Resources Of Indian River Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childcare Resources Of Indian River 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, Childcare Resources Of Indian River Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 10.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENSURE THE AVAILABILITY AND AFFORDABILITY OF HIGH QUALITY EARLY CHILDHOOD AND FAMILY SUPPORT PROGRAMS FOR CHILDREN OF INCOME ELIGIBLE WORKING FAMILIES IN INDIAN RIVER COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE TUITION ASSISTANCE FOR 68 TODDLER AND PRESCHOOL CHILDCARE FOR INCOME ELIGIBLE WORKING FAMILIES IN INDIAN RIVER COUNTY.


OUTREACH PROGRAM PROVIDES PROFESSIONAL DEVELOPMENT TRAINING AND OTHER SUPPORT SERVICES FOR TEACHERS AND PARENTS.


THE EDUCATION CENTER PROVIDES AFFORDABLE QUALITY CHILDCARE AND PRESCHOOL FOR 97 CHILDREN OF INCOME ELIGIBLE FAMILIES' AGES SIX WEEKS TO FIVE YEARS.


PROVIDES PARENT EDUCATION CLASSES AND PSYCHOLOGICAL ASSISTANCE FOR PARENTS AND CHILDREN IN THE ABOVE CHILDCARE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Shannon Mcguire Bowman
Executive Director
$110,701
Patrick Farrah
President
$0
Susan Donovan
Past President
$0
Jim Beindorf
President Elect
$0
Kyle Thurn
Treasurer
$0
Tracy Sorzano
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Learning Tracks Inc
Infant & Preschool Childcare
$140,003
Community Pre-school
Infant & Preschool Childcare
$127,752
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$300,070
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $631,754
All other contributions, gifts, grants, and similar amounts not included above$1,978,298
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,910,122
Total Program Service Revenue$381,527
Investment income $36,645
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $216,059
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,556,353

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Childcare Resources Of Indian River Inc has recieved totaling $9,000.

Awarding OrganizationAmount
James F Bell Foundation

Minneapolis, MN

PURPOSE: GENERAL OPERATIONS

$5,000
Bailey Family Foundation Inc

Vero Beach, FL

PURPOSE: CHARITABLE PURPOSES

$3,000
Kahle Foundation Inc

Vero Beach, FL

PURPOSE: FURTHERANCE OF CHARITABLE ACTIVITY

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$661,557
Earnings-$91,211
Net Contributions$74,500
Other Expense$44,865
Ending Balance$599,981

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