R'club Child Care Inc

Nonprofit profile at a glance

EIN
591704870
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
St Petersburg, FL, USA
Phone
7275785437
Rating
86
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$25,094,285
Expenses
$24,554,598
Assets
$31,879,010
Liabilities
$2,565,246

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

Leadership & pay

21 people listed

Executive titles in this filing

  • BARCLAY HARLESS (PRESIDENT)
  • RENE ROBINSON-FLOWERS (VICE PRESIDENT)
  • AMY SHORE (CHIEF EXECUTIVE OFFICER)
  • DEBORAH BALLINGER (FORMER CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • AMY SHORE (CHIEF EXECUTIVE OFFICER): $244,371 total reported compensation
  • DEBORAH BALLINGER (FORMER CHIEF EXECUTIVE OFFICER): $196,816 total reported compensation
  • ERICKA MCAVADDY (CHIEF FINANCIAL OFFICER): $160,340 total reported compensation

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

Overview

Mission

To provide quality early learning and development programs that families and communities with a focus on respect, responsibility, resourcefulness and responsiveness.

What it reported doing in 2024

Agency services include infant, toddler and preschool care, pre-k instruction, before/after school care and extended learning programs for students in grades k-8 and exceptional students ages 3-22, and an in-home early literacy and school readiness program that helps parents prepare their 3 and 4 year old children for success in school. Other sources of revenues not noted above include grants for services, fundraising and donations. This program serves more than 4,000 children daily. Between 90% to 96% of the preschool children test ready for school when enrolling in kindergarten.

Operating model

Revenue model
Grant-funded. 77% 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: 85
  • Accountability: 100
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 82
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: $101.03 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: 2.2%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 81.5% of revenue deployed · 83.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $20.4M in reported program spending
  • Leadership: top reported pay $244K · 21 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 43/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.