2018-11-15T10:48:14-06:00 2018-06-30 330178458 GOODRICH & GOODYEAR AN ACCOUNTANCY CORP 6700 E PAC COAST HWY 255 LONG BEACH CA 90803 990 2017-07-01 951643333 LONG BEACH DAY NURSERY LONG 5625910509 1548 CHESTNUT AVENUE LONG BEACH CA 908131623 WHITNEY LEATHERS EXEC DIRECTOR 5625910509 2018-11-15 1 GREGORY GOODYEAR P00134277 5625948791 47.180.88.216 2018-11-15 08:47:59 PS P 2D8A953642264969C42E4BFF9F1222F41A7DC1A4 ECEA8D7261FA68AA65931D34DBE73CFB4A423B72 2017 2019-02-21 02:37:17Z WHITNEY LEATHERS 1548 CHESTNUT AVENUE LONG BEACH CA 908131623 3526298 0 X LBDN.ORG X 1912 CA TO PROVIDE QUALITY EARLY CARE AND EDUCATION FOR YOUNG CHILDREN OF WORKING PARENTS 16 0 92 75 0 0 1671848 2036848 1288193 1000011 148461 102995 17607 19330 3126109 3159184 0 98173 0 0 2119817 2164228 0 0 66768 860865 971186 2980682 3233587 145427 -74403 5940572 6085777 378545 503089 5562027 5582688 TO PROVIDE QUALITY EARLY CARE AND EDUCATION FOR YOUNG CHILDREN OF WORKING PARENTS 0 0 2707053 1048172 PROVIDE QUALITY EARLY CARE AND EDUCATION TO YOUNG CHILDREN OF WORKING PARENTS THROUGH THE OPERATION OF CHILD DAY CARE CENTERS 98173 98173 PROVIDE QUALITY EARLY CARE AND EDUCATION TO YOUNG CHILDREN OF WORKING PARENTS THROUGH THE STEPPING STONE SCHOLARSHIP 2805226 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 92 1 0 0 0 0 0 1 1 0 0 X 16 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X WHITNEY LEATHERS 5625910509 1548 CHESTNUT AVENUE LONG BEACH CA 908131623 DEBBIE THORPE BOARD CHAIR 1.00 X X 0 0 0 JOEN GARNICA 1ST VICE CHAIR-GOVERNANCE 1.00 X X 0 0 0 ROBYN GORDON-PETERSON 2ND VICE CHAIR-CO-RESOURCE 1.00 X X 0 0 0 MICHELE DOBSON CHAIR ELECT/PERSONNEL 1.00 X X 0 0 0 THERESA M LANDERS TREASURER-FIN CHAIR 1.00 X X 0 0 0 GINA BALLARD DIRECTOR 1.00 X 0 0 0 SHARON BARKER DIRECTOR 1.00 X 0 0 0 BRETT BRADBURY DIRECTOR 1.00 X 0 0 0 DAN TAPIA DIRECTOR 1.00 X 0 0 0 ANN MANTEL DIRECTOR 1.00 X 0 0 0 ALLISON GREEN DIRECTOR 1.00 X 0 0 0 NANCY HAYS DIRECTOR 1.00 X 0 0 0 DEBRA KAHOOKELE DIRECTOR 1.00 X 0 0 0 NANCY KNEUER DIRECTOR 1.00 X 0 0 0 MINOO MAASOUMI DIRECTOR 1.00 X 0 0 0 PAT ELLINGTON DIRECTOR 1.00 X 0 0 0 WHITNEY LEATHERS EXECUTIVE DIRECTOR 40.00 X 128324 0 0 128324 0 0 1 0 0 0 CHILDCARE CAREERS 2000 SIERRA POINT PARKWAY STE 702 BRISBANE CA 94005 TEMPORARY STAFFING 204522 1 571 1300564 735713 2036848 CHILD CARE FEES 900099 987715 987715 LAUP-QRIS 900099 12296 12296 1000011 54834 54834 395873 347712 48161 48161 48161 38732 19402 19330 19330 3159184 1048172 0 74164 98173 98173 1883198 1619296 220353 43549 39953 34011 5942 105165 92186 11418 1561 135912 117045 15544 3323 78468 35988 37470 5010 1290 590 700 131393 108055 16861 6477 248812 236201 10742 1869 24116 18110 5313 693 139317 139317 101799 99574 1652 573 FOOD PURCHASES 109893 109893 BUSINESS EXPENSES 45686 41391 4242 53 EARLY INTERVENTION 26235 26235 COMMUNITY RELATIONS 26044 16192 7357 2495 38133 12969 24699 465 3233587 2805226 361593 66768 X 4000 27763 798437 940341 127436 140588 36356 41026 4939235 2767798 2310754 2171437 2570012 2662114 93577 102508 5940572 6085777 209541 358188 169004 144901 378545 503089 X 4287962 4316189 36228 14631 1237837 1251868 5562027 5582688 5940572 6085777 -74403 95064 0 X X 0 1 X 1 0 X 1618166 1488845 1525630 1671958 2036848 8341447 1348636 1195359 1172187 1288193 1000011 6004386 2966802 2684204 2697817 2960151 3036859 14345833 0 0 0 14345833 51184 50345 52382 56854 54834 265599 51184 50345 52382 56854 54834 265599 3016 1180 376 15 4587 3021002 2735729 2750575 3017020 3091693 14616019 0.98150 0.98150 0.01820 0.01800 X 2570012 6750 251596 146367 19877 2662114 2623284 7250 120430 161919 19033 2570012 2714231 95243 167140 19050 2623284 2838076 185174 288152 20867 2714231 2419505 571936 134759 18606 2838076 0 0 20000 20000 3281563 1609773 1671790 1032421 555947 476474 605251 602078 3173 2171437 FIXED INCOME SECURITIES 621974 F EQUITY SECURITIES 1058215 F LBCF ADMINISTERED INVESTMENT FUNDS 981925 F 2662114 0 DEFERRED REVENUE 42393 DEFERRED COMPENSATION PLAN LIABILITY 102508 144901 3254248 95064 95064 3159184 0 3159184 3233587 0 3233587 0 3233587 PART V, LINE 4: BOARD DESIGNATED ENDOWMENT IS USED TO SUPPORT THE ORGANIZATION'S GENERAL OPERATING NEEDS. PERMANENT ENDOWMENT HAS DONOR-IMPOSED STIPULATIONS. GENERALLY, THE DONORS OF THESE ASSETS PERMIT THE ORGANIZATION TO USE ALL OR PART OF THE INCOME EARNED ON RELATED INVESTMENTS FOR GENERAL OR SPECIFIC PURPOSES. TEA FOR TOTS 26501 26501 13354 4 12231 12231 6048 38732 38732 19402 19402 19330 1 STEPPING STONES SCHOLARSHIPS PROVIDE TUITION FUNDING TO FAMILIES THAT DO NOT QUALIFY FOR STATE SUBSIDIES BUT CANNOT AFFORD CARE. 1 5354 DIFF BET THE PARENT CO-PAY,IF ANY, & THE COST OF PROVIDING HIGH QUALITY CARE TUITION BASED ON THE COST TO PROVIDE HIGH QUALITY CARE STEPPING STONES SCHOLARSHIPS PROVIDE FUNDING THAT ALLOWS LBDN TO CONTINUE TO ACCEPT SUBSIDIZEDINFANTS AND TODDLERS; STEPPING STONES COVERS A PORTION OF THE DISPARITY IN THE COST TO PROVIDE CARE VERSUSTHE INSUFFICIENT REIMBURSEMENT RATES FOR LOW INCOME STATE SUBSIDIZED INFANTS AND TODDLERS 44 92819 DIFF BET THE COST TO PROVIDING HIGH QUALITY CARE AND THE STATE REIMB RATES TUITION SHORTFALL BETWEEN STATE REIMBURSEMENT AND ACTUAL COST TO PROVIDE CARE PART I, LINE 2: THE ORGANIZATION AWARDS SCHOLARSHIPS TO CHILDREN WHOSE PARENTS DO NOT QUALIFY FOR STATE ASSISTANCE OR EXPERIENCE HARDSHIP. THE SCHOLARSHIPS ARE MONITORED THROUGH THE ORGANIZATION'S STEPPING STONES PROGRAM. X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANT. A DRAFT OF THE 990 IS SUBMITTED TO THE AUDIT COMMITTEE AND FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE MAKES A MOTION TO APPROVE THE 990 AT ITS NOVEMBER COMMITTEE MEETING. THE BOARD OF DIRECTORS HAS UP TO 30 DAYS TO REVIEW AND APPROVE THE 990. FORMAL BOARD APPROVAL OCCURS AT THE BOARD OF DIRECTORS NOVEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. THE ORGANIZATION RELIES ON ITS OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO DISCLOSE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL REVIEW FOR THE EXECUTIVE DIRECTOR IS CONDUCTED BY THE BOARD OF DIRECTORS. COMPENSATION CHANGES SUCH AS SALARY INCREASES AND BONUSES FOR THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES ARE REVIEWED BY THE PERSONNEL AND FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION REQUIRES THAT A REQUEST BE IN WRITING. ONCE THE WRITTEN REQUEST IS RECEIVED BY THE ORGANIZATION, THE INFORMATION REQUESTED WILL BE AVAILABLE FOR INSPECTION WITHIN 24 HOURS. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.