Chaffee County Childcare
Nonprofit profile at a glance
- EIN
- 833651956
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Salida, CO, USA
- Phone
- 8016317553
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $320,628
- Expenses
- $377,147
- Assets
- $95,104
- Liabilities
- $60,098
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Katherine Patti (President of the Board)
People named in this filing
- Katherine Patti (President of the Board)
- Bill Moor (Community Engagement Officer)
- Ashley Sigmund (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At Ark Valley Preschool, we strive to create a nurturing and stimulating environment where young children can flourish. Our mission is to support the holistic development of each child by fostering independent thinking, creativity, and a lifelong love of learning. Through engaging activities and diverse experiences, we focus on social, emotional, cognitive, and physical growth while also honoring each childs unique identity and sense of belonging. Equity, inclusion, and respect for differences are woven into all we do, so children learn that who they are is valued. Our teachers are highly trained in early childhood education and dedicated to providing exceptional care for every child. More than caregivers, they are partners in nurturing wonder, joy, and curiosity through a Reggio-inspired approach. Our curriculum integrates the arts, imaginative play, multi-sensory teaching, and daily nature exploration. Children learn through books, storytelling, nature, and music.
What it reported doing in 2024
Preschool offered for 27 children
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 58
- Accountability: 88
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- 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: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -17.6%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 16.2% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 21.3% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 4 of 4 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $361K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Highest-paid contractors: 1 contractor listed · $416 reported
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 2 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.