The Childrens Collective Inc
Nonprofit profile at a glance
- EIN
- 237068446
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3108701376
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $14,739,984
- Expenses
- $14,237,630
- Assets
- $13,727,409
- Liabilities
- $11,963,171
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- DR JACKIE KIMBROUGH (PAST EXECUTIVE DIRECTOR)
- DR CHARLES LEE-JOHNSON (EXECUTIVE DIRECTOR)
Highest reported compensation
- DR JACKIE KIMBROUGH (PAST EXECUTIVE DIRECTOR): $349,811 total reported compensation
- SHARON SMITH (CHIEF FINANCIAL OFFICER): $231,728 total reported compensation
- FERNANDO REYES (CHIEF OPERATING OFFICER): $163,560 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The children's collective inc.'s mission is to improve academic, social and economic life outcomes for low income, minority children, youth and families in south los angeles by providing high quality, comprehensive seamless services in child development, youth development, family support, and health.
What it reported doing in 2024
General child care provided full-day developmental services to 60 infants and 59 toddlers from two to thirty-six months for 240 days. This program allowed low-income parents to obtain and maintain employment, as well as obtain job training, while their children were cared for in secure, nurturing childcare environments. The children received age-appropriate early education in cognitive, language, physical, social and emotional development. Children were fed two nutritious meals and a snack daily, and as needed, provided with early therapeutic intervention.
Operating model
- Revenue model
- Grant-funded. 79% 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: 78
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.7%; rating input score 87
- Program expense ratio: 89.8%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
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: 3.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.87; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 24.7% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 86.7% of revenue deployed · 89.8% of spending went to programs
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $12.8M in reported program spending
- Leadership: top reported pay $350K · 14 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $2.2M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.