South Of Market Child Care Inc
- Assets
- $6.1m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 69
- Location
- San Francisco, CA
- Founding
- 01/1997
- Data as of
- 06/2023
- EIN
- 94-3146532
Organization Overview
South Of Market Child Care Inc is located in San Francisco, CA. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, South Of Market Child Care Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Of Market Child Care 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 06/2023, South Of Market Child Care Inc generated $5.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $5.6m during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVICE CHILDREN, THEIR FAMILIES AND THE SOUTH OF MARKET COMMUNITY BY PROVIDING QUALITY EARLY CHILDHOOD EDUCATION AND FAMILY SUPPORT IN A SAFE AND NURTURING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CARE AND EDUCATION PROGRAM OUR HIGH QUALITY PROGRAM PROMOTES THE SOCIAL, EMOTIONAL, COGNITIVE AND PHYSICAL DEVELOPMENT OF INFANTS, TODDLERS AND PRESCHOOLERS. WE CURRENTLY SERVE NEARLY 130 CHILDREN AGES 0-5 YEARS, 60% OF WHOM ARE FROM LOW-INCOME FAMILIES. OUR PLAY- AND PROJECT-BASED CURRICULUM IS INSPIRED BY THE RESOURCES FOR INFANT EDUCARERS (RIE) FOR INFANTS AND TODDLERS AND REGGIO EMILIA APPROACH FOR PRESCHOOLERS. OUR GOAL IS TO PROVIDE A STRONG FOUNDATION SO CHILDREN WILL THRIVE IN KINDERGARTEN AND THROUGHOUT THEIR LEARNING YEARS.
FAMILY RESOURCE CENTER (FRC) PROGRAM THE FRC SERVES ABOUT 700 LOW-INCOME FAMILIES EACH YEAR, INCLUDING FAMILIES WITH CHILDREN ENROLLED IN OUR PROGRAMS AND THOSE WITH CHILDREN AGES 0-17 YEARS WHO RESIDE IN THE SOUTH OF MARKET NEIGHBORHOOD. THE FRC OFFERS FREE COMPREHENSIVE SERVICES SUCH AS CASE MANAGEMENT, MULTI-LINGUAL PARENTING EDUCATION AND SUPPORT GROUPS, ASSISTANCE WITH BASIC LIVING NEEDS, SCHOOL READINESS PROGRAMS AND MENTAL HEALTH SERVICES.
THE FRC RECEIVES ADDITIONAL ENHANCEMENT GRANT FUNDING TO BE ABLE TO PROVIDE DIRECT FINANCIAL SUPPORT TO LOW INCOME FAMILIES IN THE COMMUNITY, AND TO REMOVE BARRIERS FOR FAMILIES ACCESSING BASIC NEEDS. SERVICES OFFERED THROUGH THE ENHANCEMENT GRANT INCLUDE FOOD SECURITY SUPPORT IN THE FORM OF GROCERY GIFT CARDS, DIAPERS, WIPES, AND FORMULA FOR FAMILIES TO ACCESS ON A MONTHLY BASIS. FAMILIES IN THE NEIGHBORHOOD ARE ALSO ABLE TO ACCESS FRESH PRODUCE AND DRY GOODS REGULARLY. OVER 80 FAMILIES HAVE RECEIVED GROCERY GIFT CARDS AND OVER 300 FAMILIES WILL HAVE ACCESS TO THE DIAPER BANK THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer DE Palm Executive Dir. | Officer | 40 | $137,630 |
Virginia Grandi Chairman | Trustee | 0.25 | $0 |
Mark Johnson Vice President | Trustee | 0.25 | $0 |
Emily Garvie Treasurer | Trustee | 0.25 | $0 |
Mike Seder Director | Trustee | 0.25 | $0 |
Wendy Aitken Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $577,538 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,481,167 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,058,705 |
| Total Program Service Revenue | $1,164,446 |
| Investment income | $18,119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$671,473 |
| Net Income from Fundraising Events | $44,783 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,871,981 |
| 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. | $176,494 |
| Compensation of current officers, directors, key employees. | $10,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,579,147 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $100,353 |
| Advertising and promotion | $0 |
| Office expenses | $29,478 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,298 |
| Travel | $6,014 |
| 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 | $175,000 |
| Insurance | $52,845 |
| All other expenses | $42,330 |
| Total functional expenses | $5,591,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,828,054 |
| Savings and temporary cash investments | $532,872 |
| Pledges and grants receivable | $697,290 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,023,058 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,081,274 |
| Accounts payable and accrued expenses | $343,432 |
| 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 | $568,136 |
| Total liabilities | $911,568 |
| Net assets without donor restrictions | $4,310,986 |
| Net assets with donor restrictions | $858,720 |
| 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 | $6,081,274 |