The Irvine Childrens Fund

Nonprofit profile at a glance

EIN
330177921
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Irvine, CA, USA
Phone
9494003453
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$524,352
Expenses
$318,689
Assets
$541,586
Liabilities
$0

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

Leadership & pay

13 people listed

Executive titles in this filing

  • LAUREN BROOKS (PRESIDENT)
  • KELLY REYNOLDS (VICE PRESIDENT)
  • DOROTHY SHARON WELLIKSON (ICF EXECUTIVE DIRECTOR)

Highest reported compensation

  • DOROTHY SHARON WELLIKSON (ICF EXECUTIVE DIRECTOR): $30,500 total reported compensation
  • THERESA COLLINS (ICF DIRECTOR): $30,500 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 irvine children's fund is a non-profit community support organization, whose mission is to raise funds to help parents meet the before and after school child care needs for children on irvine elementary school sites and to provide child care scholarships.

What it reported doing in 2024

The irvine children's fund (icf) is a non-profit whose mission is to raise funds primarily through grants and the irvine junior games annual fundraising track and field event to provide scholarships to low income, working families for before and after school child care for children in transitional kindergarten through 6th grade, to expand and maintain child care facilities located on all elementary schools in the irvine unified school district (irvine, ca) and to support child wellness services.from july 1, 2024 - june 30, 2025, the irvine children's fund provided $142,223 in school age child care scholarships for low income, working families. The child care is available on 29 elementary schools in the irvine unified school district. This funding provided 2,047 child care days. Over the past several years, icf has provided $4,675,882 through the irvine junior games, sponsors, grants and foundations. This includes$3,813,331 for before and after school child care scholarships$230,928 to expand and maintain the child care sites$21,920 to complete ada upgrades needed for handicap accessibility at 7 child care sites$292,028 to the schools and teachers working with the children participating in the irvine junior games$317,675 to the child care sites for activities and supplies for over 3,000 children80,056 child care days.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 94
  • Accountability: 82
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.9%; rating input score 45
  • Program expense ratio: 73.4%; rating input score 73
  • 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; 76th 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: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • 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: Fail

Sustainability

  • Operating margin: 39.2%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.7; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 19.1%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 8.9% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 44.9% of revenue deployed · 73.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $234K in reported program spending
  • Leadership: top reported pay $30K · 13 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 16/100.