Child & Family Resources Inc
Nonprofit profile at a glance
- EIN
- 161041121
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Penn Yan, NY, USA
- Phone
- 3155361134
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,550,103
- Expenses
- $2,387,655
- Assets
- $1,042,106
- Liabilities
- $376,792
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- JULIE CHAMPION (EXECUTIVE DIRECTOR)
Highest reported compensation
- JULIE CHAMPION (EXECUTIVE DIRECTOR): $79,063 total reported compensation
- TARA THOMPSON (DIR. OF FINANCE): $71,580 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dedicated to providing affordable, accessible programs that enhance and support the education of parents, caregivers, and childcare providers, as well as to encourage the highest quality of care and positive learning experience for young children. We provide a broad range of services and programs which offer parents and childcare providers opportunities for understanding the roles of parent/providers and the needs of infants and children.
What it reported doing in 2024
Child care support services (see schedule o): while serving as the child care resource and referral agency in ontario, seneca and yates counties, child & family resources child care support services promotes the development and accessibility of child care. We provide access to the latest information regarding child care issues, regulations, capacity planning and economic development as it pertains to child care. Child care referrals, subsidy information and support, and quality care education are provided to parents in our service area. Services also include outreach and organized networking opportunities with community events and collaboration with community agencies that serve families. Cfr maintains a lending library of child care and parent resources, and disseminates current materials via the agency website, social media, regular office hours in each county, email blasts and newsletters to create available learning opportunities to child care providers, parents and the community. Another expected outcome includes compiling, analyzing and disseminating data about child care supply and demand via our "a look at child care" report. Services also include training, technical assistance, sponsorship of the child care food program, special resources for infant and toddler care, health consultancy services for child care programs, registration of programs, routine/complaint inspections and monitoring of all types of child care programs (family child care, centers, school age programs, legally exempt enrollment) for our service area.
Operating model
- Revenue model
- Grant-funded. 88% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 90% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.8%; rating input score 89
- Program expense ratio: 94.9%; rating input score 95
- Fundraising efficiency: Limited
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: 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.4%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 11.3% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 88.8% of revenue deployed · 94.9% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.3M in reported program spending
- Leadership: top reported pay $79K · 11 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 54/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.