Child Development Consortium Of Los Angeles Inc
- Assets
- $4.7m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 165
- Location
- Los Angeles, CA
- Founding
- 01/1995
- Data as of
- 06/2022
- EIN
- 95-4198533
Organization Overview
Child Development Consortium Of Los Angeles Inc is located in Los Angeles, CA. The organization was established in 1995. 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 06/2022, Child Development Consortium Of Los Angeles Inc employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child Development Consortium Of Los Angeles 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, Child Development Consortium Of Los Angeles Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $11.8m during the year ending 06/2022. While expenses have increased by 10.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY CHILD DEVELOPMENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD CARE AND DEVELOPMENT PROGRAMS CONSISTED OF THE GENERAL CHILD CARE AND STATE PRESCHOOLS THAT ARE FUNDED BY A COMBINATION OF STATE AND FEDERAL FUNDS. CHILD DEVELOPMENT CONSORTIUM OF LOS ANGELES "CDCLA" PROVIDES COMPREHENSIVE SCHOOL PROGRAM SERVICES TO INFANTS, TODDLERS AND PRESCHOOL AGE CHILDREN AND THEIR FAMILIES. DURING FY 2022, CDCLA WAS IN OPERATION FOR 250 DAYS AND SERVED APPROXIMATELY 412 CHILDREN PER DAY, TOTAL DAYS OF ENROLLMENT WERE 99,594 DAYS. CHILD CARE AND DEVELOPMENT PROGRAMS FOR THOSE FAMILIES WHO DID NOT QUALIFY FOR SUBSIDIZED SERVICES WERE PROVIDED QUALITY CHILD CARE AND DEVELOPMENT SERVICES AT A REASONABLE PRICE. 164 CHILDREN PER DAY WERE SERVICED DURING FY 2022.
CHILD AND ADULT FOOD PROGRAM IS FUNDED BY THE US DEPARTMENT OF AGRICULTURE PASSED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. CDCLA OFFERS BALANCED MEALS AND SNACKS PROVIDING UP TO 60% OF EACH CHILDS DAILY NUTRITIONAL REQUIREMENTS TO HELP CHILDREN LEARN AND DEVELOP AT THEIR OPTIMAL POTENTIAL. DURING FY 2022, CDCLA SERVED MEALS CONSISTING OF BREAKFAST, LUNCH AND SNACKS THAT TOTALED APPROXIMATELY 55,351 MEALS COMBINED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Wilkin Executive Director | Officer | 40 | $139,704 |
Jesse Rivera Secretary (end 4/22) | OfficerTrustee | 0.15 | $0 |
Shawn Chuong DO President | OfficerTrustee | 0.15 | $0 |
Casey Sakamoto Treasurer | OfficerTrustee | 0.15 | $0 |
Tai Fujimura Board Member | Trustee | 0.15 | $0 |
Lisa Flenoury Board Member | Trustee | 0.15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Educate Part Day Preschool | 6/29/19 | $237,889 |
Ymca Of Metropolitan Los Angeles Part Day Preschool | 6/29/19 | $283,347 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,013 |
| Related organizations | $0 |
| Government grants | $9,170,186 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,427 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,478,626 |
| Total Program Service Revenue | $3,048,677 |
| Investment income | $2,844 |
| 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 | $12,931,725 |
| 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. | $167,356 |
| Compensation of current officers, directors, key employees. | $167,356 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,674,167 |
| Pension plan accruals and contributions | $108,178 |
| Other employee benefits | $914,321 |
| Payroll taxes | $473,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,627 |
| Fees for services: Accounting | $116,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $346,731 |
| Advertising and promotion | $3,313 |
| Office expenses | $201,953 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $453,922 |
| Travel | $34,706 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,197 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,002 |
| Insurance | $103,374 |
| All other expenses | $217,124 |
| Total functional expenses | $11,847,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $734,162 |
| Savings and temporary cash investments | $2,299,971 |
| Pledges and grants receivable | $395,394 |
| Accounts receivable, net | $194,645 |
| 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 | $47,843 |
| Net Land, buildings, and equipment | $1,015,768 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,400 |
| Total assets | $4,690,183 |
| Accounts payable and accrued expenses | $794,884 |
| 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 | $944,405 |
| Total liabilities | $1,739,289 |
| Net assets without donor restrictions | $2,823,142 |
| Net assets with donor restrictions | $127,752 |
| 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 | $4,690,183 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Child Development Consortium Of Los Angeles Inc has recieved totaling $100,202.
| Awarding Organization | Amount |
|---|---|
Ll Foundation For Youth Sherman Oaks, CA PURPOSE: 40 CHILDREN AND 10 INFANTS WERE PROVIDED WITH FREE CHILDCARE SERVICES AND RESOURCES, ENABLING 37 YOUNG ADULT PARENTS AND AN UNTOLD NUMBER OF OTHER SUPPORTIVE FAMILY MEMBERS TO AFFORD TO STAY ENROLLED IN SCHOOL OR FOCUS ON PROFESSIONAL DEVELOPMENT WITH CHILD DEVELOPMENT CONSORTIUM. | $100,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wu Yee Childrens Services San Francisco, CA | $6,752,580 | $40,253,785 |
Community Child Care Coordinating Council Of Alameda County Hayward, CA | $5,365,652 | $37,609,581 |
Pathways La Los Angeles, CA | $7,866,630 | $33,308,303 |
Community Child Care Council Of Sonoma County Inc Santa Rosa, CA | $6,379,645 | $25,248,101 |
Bananas Incorporated Oakland, CA | $7,952,890 | $24,289,933 |
Central Valley Childrens Services Network Fresno, CA | $5,032,577 | $21,440,109 |
Creative Alternatives Turlock, CA | $16,460,273 | $17,191,691 |
Central California Child Development Services Ceres, CA | $5,867,759 | $17,911,125 |
Child Care Coordinating Council Of San Mateo County Inc Redwood City, CA | $6,695,792 | $17,903,623 |
Sjb Child Development Centers San Jose, CA | $5,435,445 | $16,724,123 |
Quality Childrens Services Carlsbad, CA | $6,642,630 | $14,225,799 |
B J Jordan Child Care Programs Inc Sacramento, CA | $3,184,918 | $12,848,102 |