Fairplex Child Development Center
- Assets
- $7.9m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 89
- Location
- Pomona, CA
- Founding
- 04/1998
- Data as of
- 06/2022
- EIN
- 95-4662070
Organization Overview
Fairplex Child Development Center is located in Pomona, CA. The organization was established in 1998. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Fairplex Child Development Center employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairplex Child Development Center 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, Fairplex Child Development Center generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 3.4% 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 A HIGH QUALITY, SAFE, NURTURING EDUCATIONAL ENVIRONMENT WHERE DIVERSE CHILDREN, FAMILIES AND ADULTS COME TOGETHER TO LEARN AND GROW. WE CHERISH CHILDREN, SUPPORT FAMILIES, BUILD COMMUNITY AMONG DIVERSITY AND PURSUE EXCELLENCE IN EARLY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILD DEVELOPMENT CENTER IS BOTH PUBLICALLY AND PRIVATELY FUNDED HAVING CONTRACTS WITH THE CALIFORNIA DEPARTMENT OF EDUCATION AND RECEIVING FUNDS FROM NON- SUBSIDIZED CHILDCARE FEES. THE CENTER SERVES CHILDREN FROM EIGHT WEEKS TO SIX YEARS WITH SPECIALLY DESIGNED INFANT, TODDLER,PRESCHOOL AND KINDERGARTEN CLASSROOMS, WHICH EMPHASIZE DEVELOPMENTALLY APPROPRIATE EXPERIENCES FOR THE CHILDREN.THE CENTER PROVIDED 47541 DAYS OF CHILDCARE SERVICES DURING THE YEAR AND SERVED 90728 MEALS TO CHILDREN ATTENDING THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Bernstein Chair | OfficerTrustee | 2 | $0 |
Avo Kechichian Treasurer | OfficerTrustee | 2 | $0 |
Lee Ann Paddock Secretary | OfficerTrustee | 2 | $0 |
Chuck Cable Vice Chair | OfficerTrustee | 2 | $0 |
Leticia Casillas Sanchez Director | Trustee | 2 | $0 |
Sandy Christensen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,435,928 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,970 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,636,898 |
| Total Program Service Revenue | $2,035,008 |
| Investment income | -$525,803 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,670 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,169,722 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,024,638 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $332,969 |
| Payroll taxes | $158,824 |
| 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 | $37,910 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $84,679 |
| Insurance | $11,976 |
| All other expenses | $87,760 |
| Total functional expenses | $3,062,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,102,907 |
| Savings and temporary cash investments | $58,087 |
| Pledges and grants receivable | $140,524 |
| 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 | $5,022 |
| Net Land, buildings, and equipment | $1,552,903 |
| Investments—publicly traded securities | $5,020,287 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,879,730 |
| Accounts payable and accrued expenses | $682,183 |
| 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 | $141,007 |
| Total liabilities | $823,190 |
| Net assets without donor restrictions | $3,238,591 |
| Net assets with donor restrictions | $3,817,949 |
| 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 | $7,879,730 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fairplex Child Development Center has recieved totaling $244.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $244 |
Endowment Analysis
| Beg. Balance | $4,338,670 |
| Earnings | -$520,721 |
| Ending Balance | $3,817,949 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |
Vacaville Christian Academy Vacaville, CA | $16,291,223 | $10,950,312 |
Renu Hope Foundation Beaumont, CA | $4,671,347 | $11,223,542 |
Keiki O Ka Aina Preschool Inc Honolulu, HI | $8,797,502 | $10,994,448 |
Marin Montessori School Inc Corte Madera, CA | $24,835,339 | $10,702,603 |
Seagull Schools Inc Kailua, HI | $19,987,815 | $8,632,707 |
Fountainhead Inc Dublin, CA | $4,895,908 | $2,127,012 |