Day Care Resources Inc

Nonprofit profile at a glance

EIN: 371157887
IRS 990 coverage: 2014–2024
Forms available: Form 990 2024
Location: Pekin, IL, USA
Phone: 3099252274
Rating: 76
Verdict: SUPPORTED
Rating confidence: Moderate

Official website

Reported finances

Revenue: $22,732,395
Expenses: $22,778,495
Assets: $2,394,629
Liabilities: $2,233,023

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

Leadership & pay

6 people listed

Executive titles in this filing

DANA REIN (EXECUTIVE DIRECTOR)

Highest reported compensation

KIM REIN (FINANCIAL DIRECTOR): $162,198 total reported compensation
DANA REIN (EXECUTIVE DIRECTOR): $159,863 total reported compensation

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

Overview

Mission

Sponsoring organization for Illinois day care homes & centers to participate in usda child and adult care food program, section 17 of the national school lunch act, as amended, title 42, chapter 13a usc. Program's purpose is the feeding of nutritional meals to children.

What it reported doing in 2024

Usda food and nutrition service child and adult care food program section 17 of the national school lunch act, as amended, title 42, chapter 13a, usc. Nutrition education is provided to day care home providers and day care center providers. Nutritous meals for children in the form of financial reimbursement are provided to homes and centers sponsored by day care resources, inc. The average number of day care homes receiving program benefits for feeding nutritious meals to children for the year was 1,175 serving approximately 12,818 children. Average number of day care centers receiving benefits for the year was 181 serving approximately 20,786 children. Exempt program service achieved the feeding of 5,953,691 homes and 5,698,521 centers meals and snacks for the year. Nutrition education materials created by our dietition/nutritionist reached over 1,175 providers monthly.

Operating model

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 89
Transparency & Controls: 65
Accountability: 72
Sustainability: 25
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: 92.9%; rating input score 93; 10th percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
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: 60%; rating input score 60; 10th 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass

Sustainability

Operating margin: -0.2%; rating input score 30; 30th percentile among comparable filings
Total-asset coverage ratio: 0.11; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: 0.93; rating input score 8; 8th percentile among comparable filings
Officer compensation ratio: 1.4%; rating input score 82; 82nd percentile among comparable filings

Growth

Program expense growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
Revenue growth: 3.1% per year; rating input score 100; 26th percentile among comparable filings
Asset growth: 5.9% per year; rating input score 100; 41st percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: 3 of 5 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment · $22.8M in reported program spending
Leadership: top reported pay $162K · 6 people listed · 0 of 6 pay-setting controls reported
Consistency: 30 of 31 current checks pass · 1 finding to review
Schedules: 5 filed schedules · includes grants and executive pay
Filing history: 11 filing years from 2014 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 — Transparency & Controls: Pay-setting controls scored 0/100.
Moderate — Sustainability: Operating margin scored 30/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Sustainability: Liabilities to assets ratio scored 8/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.