4Cs of Passaic County Inc

What it reported doing in 2024

Quality improvement - all quality activities align with, support, and help sustain quality efforts required by the childcare development block grant (ccdbg), grow nj kids, and other dfd funding efforts. Guiding principles, that have been given by dfd, include the following: transparency and accountability regarding the use of public funds, sound fiscal and programmatic accountability systems and internal controls, equity and access to services, coordination, and linkages of services across programs and with key partners at federal, state, and local levels, and program guidance and clear communications about ccdbg/ child care development programs and policies.childcare and adult food program: funded by the us department of agriculture, passed through the state of New Jersey department of agriculture, the program reimburses for food, food supplies, and other related expenses, and provides meals for eligible children enrolled in the homes of registered family childcare ("fcc") providers.counseling and referrals: funded by the dfd, the program assists and counsels parents on available childcare options. Childcare information is disseminated to all interested families and organizations in the geographic area.vocational school: 4cs the center for child care careers (the "center") offers all staff in the field of early childhood care and education the opportunity to improve their skills and advance their careers. The New Jersey department of education approved the center as a vocational school in 1997 and, since 2009 has continued to grant approval. The center enhances 4cs's mission by increasing the knowledge and skills of parents and the childcare workforce in head start programs, community-based childcare centers, registered home-based fcc providers, and center directors regarding significant and important concerns such as developing high-quality child care programs and raising successful children. 4cs continues to empower and support families by promoting quality and affordable childcare through community resources and working with its education department.advocacy: 4cs's mission is to assist families in the northern region of New Jersey in obtaining high quality, accessible, available, and affordable early childhood care and education. In an effort to accomplish this mission, 4cs provides subsidies to families as well as educational resources and information on quality childcare.

Financial Efficiency

• Mission deployment rate: 84.8%; rating input score 85
• Program expense ratio: 84.2%; rating input score 84
• Fundraising efficiency: $190.21 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.3%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0.63; rating input score 23; 23rd percentile among comparable filings
• Liabilities to assets ratio: 0.3; rating input score 34; 34th percentile among comparable filings
• Officer compensation ratio: 19.4%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 1.6% per year; rating input score 100; 20th percentile among comparable filings
• Revenue growth: -1.3% per year; rating input score 0; 8th percentile among comparable filings
• Asset growth: -2.6% per year; rating input score 0; 6th percentile among comparable filings