Child Development Resources (CDR)
Legal name: Child Development Resources of Ventura County Inc
Nonprofit profile at a glance
- EIN
- 953543275
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Oxnard, CA, USA
- Phone
- (805) 485-7878
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $100,878,596
- Expenses
- $100,898,866
- Assets
- $39,037,539
- Liabilities
- $35,997,882
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- Jack Hinojosa (CEO)
- Richard Duarte (President)
- Sean Morreale (Vice President)
Highest reported compensation
- Jack Hinojosa (CEO): $260,400 total reported compensation
- Suzanne Godinez (Director of Early Child Care): $223,840 total reported compensation
- Joe Jimenez Curiel (HR Director): $221,356 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Child Development Resources (CDR) provides a foundation to build promising futures for children. CDR collaborates with families and communities to deliver programs that enrich lives. Guiding Principles and Core Values. CDR employs over 400 talented, caring and dedicated individuals to work in our programs and support services. Teachers, cooks, eligibility staff, financial staff, directors, officers and all of our staff are top-notch, highly-qualified people with a passion for children, and a belief in CDR’s mission and core values. We contract with thousands of dedicated Child Care providers locally and are a major contributor to the economic vitality of our county. CDR provides opportunities for growth, advancement and development of our staff, while offering meaningful, life affirming work to improve the lives of our children. CDR understands the special relationship parents and...
What it reported doing in 2024
Subsidized Child Care Programs: Operates a county-wide program of services for low income children and families, including subsidies for child care services for 4,079 families and 6,922 children. Staff handled 4,359 technical assistance calls to providers and provided community outreach activities including training, workshops, site visits and licensing orientation to approximately 1,550 providers.
Operating model
- Revenue model
- Grant-funded. 98% 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: 83
- Transparency & Controls: 82
- Accountability: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.4%; rating input score 93
- Program expense ratio: 93.4%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- 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; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th 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%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 9.5% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 20% per year; rating input score 100; 93rd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 93.4% of revenue deployed · 93.4% of spending went to programs
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $94.2M in reported program spending
- Leadership: top reported pay $260K · 19 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.6M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.