Child Care Resource Center Inc
Nonprofit profile at a glance
- EIN
- 341601127
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Lorain, OH, USA
- Phone
- 4402420413
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $3,798,518
- Expenses
- $3,750,583
- Assets
- $1,017,885
- Liabilities
- $328,127
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JENNIFER DODGE (EXECUTIVE DIRECTOR)
Highest reported compensation
- JENNIFER DODGE (EXECUTIVE DIRECTOR): $131,366 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Parent, provider and community servicesthe ccrc completes free counselor assisted searches for child care based on the family's needs and offers and electronic child care search on our website- ccrcinc.com. Ccrcinc.com answers parenting questions - connects familes with financial resources to help them pay for child care and with community resources to meet their basic needs. The website gives families information about what to look for when they choose a child care setting and offers parent workgroups and direct support for providers' particapation in Ohio's quality rating system, step up to quality - administers the asq 3 and asq se online screeing tools for providers - offers workshops to earn the childcare development association (cda) credential - offers contracted, on site, Ohio approved workshops leading to step up to quality ratings - are subject matter experts in environments with reliable assessors - consults with employers about early learning/child care - connects employers with child care providers to meet employee needs and reduce absenteeism - provides data for community growth and planning - provides opportunities for public officials to meet with, visit and see early education firsthand.child care staffing solutions is a brand new automated app that connects job-ready substitutes with child care programs in need of quality child care staff. Substitutes can be used as an employee benefit, used to fill a gap. The service also allows students, stay at home moms, and teachers the opportunity to become subs. Working full or part-time hours to meet their busy schedules. Whether you need a "side hustle or may be trying out locations for permanent placement, child care staffing solutions is for you!
Operating model
- Revenue model
- Grant-funded. 94% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 81
- Accountability: 92
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.2%; rating input score 98
- Program expense ratio: 99.5%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 17th 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: 1.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 12.5% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 98.2% of revenue deployed · 99.5% of spending went to programs
- Governance: 6 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $3.7M in reported program spending
- Leadership: top reported pay $131K · 7 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.