2024-06-22T06:13:15-05:00 2023-08-31 951777440 GREEN HASSON & JANKS LLP 700 S FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2022-09-01 953403258 CHILD EDUCATIONAL CENTER CHIL 8183543418 140 FOOTHILL BOULEVARD LA CANADA CA 91011 RAY MORRIS PRESIDENT 8183543418 2024-06-18 1 RAY MORRIS 999009999 1 LIZBETH G NEVAREZ P01399868 3108731600 2024-06-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z A INGANNIE VESELACK 140 FOOTHILL BOULEVARD LA CANADA CA 91011 10200511 0 X WWW.CECONLINE.ORG X 1979 CA TO ENSURE A HIGH QUALITY CHILD CARE PROGRAM AND CONTRIBUTE TO A HIGH QUALITY OF LIFE FOR CHILDREN. 18 18 150 29 0 0 2332213 483050 8539170 9579987 9652 93963 46082 23008 10927117 10180008 0 0 0 0 5717210 6849084 0 0 110346 1660820 2291435 7378030 9140519 3549087 1039489 5291063 10547124 1232162 5323328 4058901 5223796 THE CHILD EDUCATIONAL CENTER'S MISSION IS TO IGNITE JOY, CURIOSITY AND COMPASSION THROUGH INNOVATIVE CHILDREN'S PROGRAMS FOR ALL. 0 0 7654657 0 9190130 CHILDREN'S PROGRAMS - THE CENTER PROVIDES EDUCATION AND CARE TO INFANT, TODDLER AND PRESCHOOL AGED CHILDREN OF EMPLOYEES OF JET PROPULSION LABORATORY (JPL), CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH), AND FAMILIES IN THE SURROUNDING AREAS OF PASADENA, GLENDALE AND THE FOOTHILL COMMUNITIES. THE CENTER ALSO PROVIDES SCHOOL-AGE CARE TO THESE SAME INSTITUTIONS, AND FAMILIES IN THE SAME SURROUNDING AREAS. 20288 0 389857 CONSULTING & PROFESSIONAL DEVELOPMENT - PROVIDES CONSULTING AND PROFESSIONAL DEVELOPMENT TRAINING TO OTHER CHILD CARE PROGRAMS AND EDUCATORS, MOSTLY THROUGH THE OUTDOOR CLASSROOM PROJECT. IN ADDITION, THE CENTER HAS CONTRACT SERVICES PROVIDING AFTER SCHOOL CARE TO OTHER PRIVATE INDEPENDENT SCHOOLS. 7674945 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 150 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X SETA MATOSSIAN 6262960440 236 W MOUNTAIN ST SUITE 102 PASADENA CA 91103 TASHON MCKEITHAN EXECUTIVE DIRECTOR TO 12/22 40.00 X 234851 0 0 SETA MATOSSIAN CHIEF FINANCIAL OFFICER 40.00 X 149360 0 5804 LISA CAIN CHANG PROG DIR TO 4/23 DIR OPS FROM 5/23 40.00 X 113217 0 5804 ALLEGRA INGANNI INTERIM CO EXECUTIVE DIR TO 8/23 40.00 X 85599 0 5804 ELLEN VESELLACK INTERIM CO EXECUTIVE DIR TO 8/23 40.00 X 83710 0 5804 ELIZABETH GERBER PRESIDENT 2.00 X X 0 0 0 MEGAN LORENZ ANGARITA VICE PRESIDENT 2.00 X X 0 0 0 NICK VAN DER WENDE TREASURER 2.00 X X 0 0 0 LAURA STETSON SECRETARY 2.00 X X 0 0 0 KATIE FALLIN KENYON PAST - PRESIDENT 2.00 X X 0 0 0 ASHAUNTA ANDERSON BOARD MEMBER 2.00 X 0 0 0 ROBERT BARRY BOARD MEMBER 2.00 X 0 0 0 MELANIE SAUER BOARD MEMBER 2.00 X 0 0 0 MICHELLE MCGINNIS BOARD MEMBER 2.00 X 0 0 0 RAY MORRIS BOARD MEMBER 2.00 X 0 0 0 AIDAN FLAHERTY BOARD MEMBER 2.00 X 0 0 0 ERINN MCCULLAUGH SHARIF BOARD MEMBER 2.00 X 0 0 0 PETER CHODAS BOARD MEMBER 2.00 X 0 0 0 SOWMYA CHANDRASEKAR BOARD MEMBER 2.00 X 0 0 0 SIMRAT KAUR MALIK BOARD MEMBER 2.00 X 0 0 0 DJ PREMVAREE BOARD MEMBER 2.00 X 0 0 0 MAUREEN SIEGEL SPROWLES BOARD MEMBER 2.00 X 0 0 0 KELSEY SZAMET BOARD MEMBER 2.00 X 0 0 0 666737 0 23216 3 0 1 0 GINO BUCCOLA CONSTRUCTION LLC 9566 WEDGEWOOD ST TEMPLE CITY CA 91780 CONSTRUCTION 303346 1 37195 76725 369130 16886 483050 TUITION 611710 9190130 9190130 STAFF DEV. CONTRACT SERVICES 611710 219305 219305 CLASSROOM ACTIVITIES 611710 108271 108271 CHILD CARE CONSULTING 611710 62281 62281 9579987 93963 93963 24646 76725 20503 4143 4143 OTHER INCOME 900099 18865 18865 18865 10180008 9579987 0 116971 655342 556852 89622 8868 5137866 4354611 711397 71858 643972 586404 57095 473 411904 345475 62285 4144 30769 14589 16072 108 32900 32900 281672 157396 122338 1938 35065 6289 28495 281 175231 80035 94616 580 123588 94716 28860 12 892145 861349 30337 459 34621 30187 4434 126640 115496 10131 1013 89118 77990 10386 742 CURRICULUM EXPENSES 248226 245896 2330 REPAIRS & MAINTENANCE 138986 138986 STAFF DEVELOPMENT 48514 4962 43552 OTHER FUNDRAISING EXPEN 16949 16949 17011 3712 10378 2921 9140519 7674945 1355228 110346 2116384 482474 1967999 1630262 166466 139881 11459 7145 1656120 1003797 211901 652323 3145238 305016 356746 4133055 511838 0 5291063 10547124 585756 630038 164523 11712 150000 157352 331883 4524226 1232162 5323328 X 3659230 4752420 399671 471376 4058901 5223796 5291063 10547124 1039489 125406 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 308960 3752 47979 360691 261649 70000 -22689 308960 201290 60359 261649 171310 32250 -2270 201290 150257 15000 6053 171310 0.00000 0.70622 0.29378 0 0 1012444 478210 534234 419020 300931 118089 224656 224656 0 652323 TUITION DEPOSITS 164300 OPERATING LEASE LIABILITY 4359926 4524226 X 10376572 125406 71158 196564 10180008 0 10180008 9211677 71158 71158 9140519 0 9140519 PART V, LINE 4: THE ENDOWMENT FUND FOR TEACHERS WILL HELP TEACHERS RECEIVE THE SALARIES THEY DESERVE WHILE ALLOWING TUITION INCREASES TO BE KEPT TO A MINIMUM WHEN FULLY FUNDED. ALTHOUGH THIS FUNDING OF SALARIES WILL NOT BE IN EFFECT FOR SOME YEARS, IT DOES MARK THE BEGINNING OF A CONCENTRATED EFFORT TO RAISE THE MILLIONS OF DOLLARS NECESSARY TO MAKE THIS A REALITY. THE PURPOSE OF MAINTAINING THE VALUE OF THE FUND IS TO ALLOW FOR CONTINUED GROWTH. THE ENDOWMENT FUND FOR TEACHERS IS ESTABLISHED BY THE BOARD FOR DONATIONS CONTRIBUTED TO TEACHER ENDOWMENT FUND. THE ENDOWMENT FUND FOR TUITION SCHOLARSHIP WAS ESTABLISHED MANY YEARS AGO BY A FAMILY WHO WISHED TO EXPRESS THEIR GRATITUDE FOR THE PROGRAM AS THEIR CHILD WAS ABOUT TO ENTER KINDERGARTEN. THE FUND'S SOLE PURPOSE IS TO ENABLE FAMILIES TO RECEIVE THE CHILD EDUCATIONAL CENTER'S WIDE RANGE OF SERVICES WHEN THEY OTHERWISE WOULDN'T BE ABLE TO ATTEND THE PROGRAM. THE ENDOWMENT FUND FOR TUITION ASSISTANCE IS RESTRICTED BY DONOR. PART X, LINE 2: THE CENTER RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED AUGUST 31, 2023, THE CENTER PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY CAN BE FOUND IN THE PARENT HANDBOOK WHICH CAN BE ACCESSED ONLINE ON THE CENTER WEBSITE. ANNUAL BENEFIT - VI 101371 76725 24646 16886 3617 101371 76725 24646 16886 3617 20503 4143 X 0 0 0 0 0 0 0 1 0 TASHON MCKEITHAN EXECUTIVE DIRECTOR TO 12/22 206377 0 28474 0 0 0 0 0 0 0 234851 0 0 0 SETA MATOSSIAN CHIEF FINANCIAL OFFICER 139235 0 10125 0 0 0 0 0 5804 0 155164 0 0 0 PART I, LINE 7 BONUSES ARE BASED ON EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER'S PERFORMANCES DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 6 ALL THE EMPLOYEES, BOARD MEMBERS AND PARENTS ARE CONSIDERED MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ALL THE EMPLOYEES, BOARD MEMBERS AND PARENTS ARE CONSIDERED MEMBERS OF THE ORGANIZATION. AN ANNUAL MEETING IS CONDUCTED EACH YEAR, AT WHICH TIME ALL MEMBERS ARE INVITED TO HEAR ABOUT THE CURRENT STATUS OF THE ORGANIZATION, AS WELL AS A HIGH LEVEL PRESENTATION OF THE FINANCIAL STATUS. BOARD MEMBERS ARE SOLICITED BY CURRENT BOARD MEMBERS AND/OR PARENTS/COMMITTEE MEMBERS. ALL THE CORPORATION MEMBERS ARE ABLE TO VOTE AND ELECT THE NEW BOARD VIA PROXY STATEMENT. FORM 990, PART VI, SECTION A, LINE 7B ALL THE MEMBERS HAVE THE RIGHT TO APPROVE AND VOTE ON ANY BY-LAW CHANGES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEE WITH BROAD AUTHORITY TO ACT ON BEHALF OF GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE FORM 990. ONCE APPROVED BY THE AUDIT COMMITTEE, THE FORM IS MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES. THE RETURN IS THEN ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT AND GOVERNANCE COMMITTEES MONITOR THE CONFLICT OF INTEREST POLICY DURING BOARD AND AUDIT COMMITTEE MEETINGS. AT THE BEGINNING OF EACH FISCAL YEAR, ALL BOARD MEMBERS SIGN CONFLICT OF INTEREST FORMS. THE GOVERNANCE COMMITTEE MAINTAINS THE SIGNED FORMS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDES THE GOVERNING BOARD MEETING AND DISCUSSING THE ANNUAL PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINING THE SALARY INCREASE INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PERSONS. THE BOARD REFERS TO SURVEYS WITH COMPARABLE DATA OF OTHER NON-FOR-PROFIT ORGANIZATIONS TO DETERMINE THE INCREASE IN COMPENSATION. THE BOARD PRESIDENT, IN TURN COMMUNICATES THE SALARY INCREASE TO THE CHIEF FINANCIAL OFFICER, VIA AN EMPLOYMENT STATUS MEMO WITH EFFECTIVE DATES. FORM 990, PART VI, SECTION B, LINE 15B: THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER AND DIRECTOR OF OPERATIONS DIRECTOR IS DETERMINED BY THE EXECUTIVE DIRECTOR BASED ON MERIT AND ANY INCREASE IN THE COMPENSATION IS BASED ON THE OVERALL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.