Choices For Families Inc
- Assets
- $296.4k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Albuquerque, NM
- Founding
- 02/1991
- Data as of
- 09/2020
- EIN
- 85-0386324
Organization Overview
Choices For Families Inc is located in Albuquerque, NM. The organization was established in 1991. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2020, Choices For Families Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Choices For Families 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 09/2020, Choices For Families Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $2.4m during the year ending 09/2020. While expenses have increased by 26.5% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
HOME DAY CARE FOOD PROGRAM/REFERRAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFERRAL PROGRAM-ASSISTED PARENTS SEEKING CHILD CARE. STAFF MEMBERS TRAINED FAMILY DAY CARE PROVIDERS. SITE VISITS WERE CONDUCTED IN APPROXIMATELY 200 DAY CARE HOMES AND CENTERS.
FOOD PROGRAM-STAFF RECRUITED NEW FAMILY DAY CARE PROVIDERS TO PARTICIPATE IN THE PROGRAM IN A MULTI-COUNTY AREA. ADMINISTERED FEDERAL PROGRAM ACCORDING TO LAWS AND REGULATIONS FOR CACFP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monique Perish Executive Di | Officer | 32 | $64,106 |
Louise Mccartney President | OfficerTrustee | 5 | $0 |
Juan Diego Chavez Vice Preside | OfficerTrustee | 5 | $0 |
Lillian Valdez Secretary/tr | OfficerTrustee | 2 | $0 |
Ron Hadad Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,384,391 |
| 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 | $2,384,691 |
| Statement of Expenses | |
|---|---|
| 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. | $64,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $184,071 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,469 |
| Payroll taxes | $21,328 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,043 |
| Advertising and promotion | $875 |
| Office expenses | $16,858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,536 |
| Travel | $18,735 |
| 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 | $833 |
| Insurance | $3,836 |
| All other expenses | $0 |
| Total functional expenses | $2,352,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,472 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $219,505 |
| Accounts receivable, net | $0 |
| 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 | $328 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $902 |
| Total assets | $296,374 |
| Accounts payable and accrued expenses | $201,530 |
| 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 | $0 |
| Total liabilities | $201,530 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $94,844 |