Child Care Choices Inc

Nonprofit profile at a glance

EIN
411321820
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Waite Park, MN, USA
Phone
3202515081
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$9,052,701
Expenses
$8,986,148
Assets
$1,584,297
Liabilities
$993,120

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Jeremy Schreifels (Executive Director)

Highest reported compensation

  • Jeremy Schreifels (Executive Director): $30,753 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building brighter futures, nurturing growth, and creating pathways to success for the early childhood community.

What it reported doing in 2024

Child Care Choices, Inc. serves as the Child Care Aware, West/Central District site for 22 counties, 7W Regional services for Benton, Sherburne, Stearns, and Wright Counties, and Northwest Training Delivery. Through all services provided, Child Care Aware promotes high quality child care that meets the needs of young children and their families. Child Care Aware, West/Central provides Professional Development, Grants, and Parent Aware recruiting to all 22 counties within the District. Region 7W Child Care Aware provides community outreach and support to child care programs and Parent Aware Coaching. Child Care Aware at the Regional and District level, provides resources and tools to help individuals open a child care business. Child Care Aware also has components that offer services to Family, Friend, and Neighbor (legally non-licensed) child caregivers.

Operating model

Revenue model
Grant-funded. 98% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 93
  • Accountability: 100
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.8%; rating input score 96
  • Program expense ratio: 96.5%; rating input score 97
  • Fundraising efficiency: $937.71 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.7%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: -8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -7.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -10.2% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 95.8% of revenue deployed · 96.5% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $8.7M in reported program spending
  • Leadership: top reported pay $31K · 7 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.