2025-02-18T08:37:59-06:00 2024-06-30 410746749 CLIFTON LARSON ALLEN LLP 4501 TAMIAMI TRAIL NORTH SUITE 200 NAPLES FL 341033548 990 2023-07-01 596198583 CHILD CARE OF SW FLORIDA INC CHIL 2392781002 6831 PALISADES PARK CT STE 6 FT MYERS FL 33912 LISA TORTORA CFO 2392781002 2025-02-15 1 1 AMELIA COOPER P00437898 2392628686 2025-02-13 2023 2025-03-06 01:10:19Z LISA TORTORA 6831 PALISADES PARK CT STE 6 FT MYERS FL 33912 16240642 0 X WWW.CCSWFL.ORG X 1967 FL TO STRENGTHEN AND ENHANCE THE LIVES OF CHILDREN AND THEIR FAMILIES. 11 11 113 450 0 0 11277063 10873791 3533268 3788926 20 57735 191794 2366 15002145 14722818 8248392 8836786 0 0 3941977 4278102 0 0 0 1603479 1744123 13793848 14859011 1208297 -136193 5871870 5791433 1904582 1971022 3967288 3820411 X TO STRENGTHEN AND ENHANCE THE LIVES OF CHILDREN AND THEIR FAMILIES. 0 0 10139823 8836786 CHILD CARE FOOD PROGRAM) (CCFP)THE ORGANIZATION ADMINISTERS THE CHILD CARE FOOD PROGRAM (CCFP), A FEDERAL PROGRAM THAT PROVIDES HEALTHY MEALS AND SNACKS TO CHILDREN PARTICIPATING IN CHILD CARE CENTERS AND FAMILY CHILD CARE HOMES. THIS PROGRAM ENTITLES CHILDREN TO RECEIVE NUTRITIONALLY BALANCED MEALS AND SNACKS, WHILE PROVIDING CAREGIVERS WITH THE NECESSARY TRAINING, MENU PLANNING AND USDA NUTRITIONAL GUIDELINES. THE ORGANIZATION PAID $8,836,786 TO PROVIDERS WHICH SERVED APPROXIMATELY 167 CHILD CARE CENTERS AND APPROXIMATELY 180 CHILD CARE HOMES DURING THE YEAR ENDED JUNE 30, 2024. 4045177 4199143 OWNED CHILD CARE CENTERSTHE ORGANIZATION CURRENTLY HAS 95 EMPLOYEES IN SOUTHWEST FLORIDA, SERVING AN AVERAGE OF 400 CHILDREN ANNUALLY AT 5 CHILD CARE CENTERS IN LEE AND HENDRY COUNTIES. THE ORGANIZATION'S CENTERS ARE ACCREDITED THROUGH THE NATIONAL ACCREDITATION COMMISSION (NAC) FOR EARLY CARE AND EDUCATION PROGRAMS. THE CENTERS PROVIDE FAMILIES WITH HIGH QUALITY, FAMILY CENTERED CHILD CARE, PREPARING CHILDREN FOR SCHOOL SUCCESS. THE CENTERS ARE 5 STAR RATED PROVIDING SCHOOL READINESS, VPK AND EARLY HEAD START PROGRAMS. 191484 287624 TRAINING FOR CHILD CARE PROFESSIONALSTHE ORGANIZATION RETAINS A CONTRACT WITH THE DEPARTMENT OF CHILDREN AND FAMILIES, PROVIDING CHILD CARE MANDATED TRAINING FOR CHILD CARE PERSONNEL AND FAMILY CHILD CARE HOME PROVIDERS. THE CHILD CARE TRAINING DEPARTMENT IS ALSO RESPONSIBLE FOR THE ADMINISTRATION OF COMPETENCY BASED EXAMS THAT ARE REQUIRED IN ORDER TO COMPLETE THE MANDATED TRAINING COURSES. THE ORGANIZATION PROVIDES TRAINING, COMPETENCY EXAMS AND ONLINE COURSES IN FIVE COUNTIES: LEE, CHARLOTTE, HENDRY, COLLIER AND GLADES. DURING THE YEAR ENDED JUNE 30, 2024 THE ORGANIZATION HAD 16,393 PARTICIPANT AND ADMINISTERED 11,734 COMPETENCY EXAMS AND ONLINE COURSES. PROGRAM 4: CHILD CARE HOMES IN FLORIDATHE ORGANIZATION PARTICIPATES IN THE EARLY HEADSTART PROGRAM THROUGH THE SCHOOL DISTRICT OF LEE COUNTY AT THE P.A. GERACI CHILD DEVELOPMENT CENTER IN FORT MYERS. 14376484 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 244 0 1 113 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X LISA TORTORA 2392781002 6831 PALISADES PARK COURT SUITE 6 FORT MYERS FL 33912 THOMAS FEURIG TREASURER 2.00 X X 0 0 0 DR BARBARA MUNDY SECRETARY 2.00 X X 0 0 0 RICHARD B AKIN DIRECTOR; VICE CHAIR - AS OF 5/23 2.00 X X 0 0 0 WILLIAM BILL EMO DIRECTOR 2.00 X 0 0 0 MARTIN NDUNGU DIRECTOR 2.00 X 0 0 0 LAURA PUERTO DIRECTOR - AS OF 2/23 2.00 X 0 0 0 RICHARD AKIN VICE CHAIR 2.00 X 0 0 0 FRED MASCHMIDT DIRECTOR 2.00 X 0 0 0 LANDON W MULLINAX DIRECTOR 2.00 X 0 0 0 JESSICA ANDERSON DIRECTOR 2.00 X 0 0 0 JERRY SNYDERMAN DIRECTOR 2.00 X 0 0 0 WILLIAM BILL EMO DIRECTOR 2.00 X 0 0 0 JOHN BODNER DIRECTOR 2.00 X 0 0 0 MARK WILKE CHAIR 2.00 X X 0 0 0 HANS C HANSEN CEO 40.00 X 142893 0 36 LISA TORTORA CFO 40.00 X 112764 0 10912 255657 0 10948 2 0 0 0 0 10464984 408807 10873791 PARENT FEES 611710 1628520 1628520 SCHOOL READINESS 611710 1383087 1383087 SERVICE AND CONSULTING FEES 611710 584358 584358 VOLUNTARY PRE-K 611710 187289 187289 FOCUS ON FOUR 611710 4303 4303 1369 1369 3788926 59088 59088 1509472 1510825 -1353 -1353 -1353 6643 6999 -356 -356 OTHER REVENUE 900099 2353 2353 CREDIT CARD REWARDS 900099 369 369 2722 14722818 3788926 0 60101 8836786 8836786 271076 180643 90433 3327246 3102933 224313 411631 387637 23994 268149 246103 22046 5200 5200 26627 26627 301461 298154 3307 38109 33208 4901 79508 63381 16127 3377 2694 683 351684 325714 25970 69724 68381 1343 49377 49377 194608 166417 28191 69849 67714 2135 FOOD & SUPPLIES 287698 287691 7 REPAIRS AND MAINTENANCE 182100 180560 1540 INSTRUCTIONAL 78694 67784 10910 BAD DEBT 6107 6107 14859011 14376484 482527 0 164658 175787 2845556 1086577 1070757 1016356 31306 113618 2915791 1488450 1477013 1427341 1494794 282580 476960 5871870 5791433 863977 899976 1623 1000 756402 599369 282580 470677 1904582 1971022 X 3854921 3652533 112367 167878 3967288 3820411 5871870 5791433 -136193 -10684 0 X 0 1 X 1 1 1 X 7791533 9097929 9760197 11277063 10873791 48800513 7791533 9097929 9760197 11277063 10873791 48800513 48800513 455 20 59088 59563 81308 2818 4475 193608 7012 289221 49149297 16494869 0.99290 0.99650 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 5,547. 2022 AMOUNT: $ 345. 2023 AMOUNT: $ 369. FUNDRAISING REVENUE - 2019 AMOUNT: $ 75,761. 2020 AMOUNT: $ 2,818. 2021 AMOUNT: $ 4,475. 2022 AMOUNT: $ 1,699. 2023 AMOUNT: $ 6,643. INSURANCE PROCEEDS - 2022 AMOUNT: $ 191,564. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 248000 248000 1339069 503077 835992 443104 230376 212728 885618 754997 130621 1427341 RAYMOND JAMES INVESTMENT ACCOUNT 1494794 C 1494794 ROU ASSET - NET 476960 476960 LEASE LIABILITY 470677 470677 14712134 -10684 -10684 14722818 0 14722818 14859011 0 14859011 0 14859011 0 UNAFFILIATED CHILD CARE CENTERS IN FLORIDA 4196113 8836786 FORM 990, PART VI, SECTION A, LINE 8B BOARD AND FINANCE COMMITTEE MEETINGS ARE DOCUMENTED THROUGH MEETING MINUTES WHICH ARE APPROVED BY THE BOARD AND FINANCE COMMITTEE AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE CFO EMAILS THE FORM 990 DRAFT TO ALL BOARD MEMBERS AND RETAINS COPIES OF THEIR APPROVAL FORM 990, PART VI, SECTION B, LINE 12C CONFLICT-OF-INTEREST STATEMENT & FRAUD MITIGATION: REASON FOR STATEMENT: CHILD CARE OF SOUTHWEST FLORIDA (CCSWFL), AS A NONPROFIT, TAX-EXEMPT ORGANIZATION DEPENDS ON GRANTS, STATE FUNDING AND CHARITABLE CONTRIBUTIONS FROM THE PUBLIC. MAINTENANCE OF ITS TAX-EXEMPT STATUS IS IMPORTANT BOTH FOR ITS CONTINUED FINANCIAL STABILITY AND FOR THE RECEIPT OF GRANTS AND PUBLIC SUPPORT. THEREFORE, THE OPERATIONS OF CCSWFL FIRST MUST FULFILL ALL LEGAL REQUIREMENTS. THEY ALSO DEPEND ON THE PUBLIC TRUST AND THUS ARE SUBJECT TO SCRUTINY BY AND ACCOUNTABILITY TO BOTH GOVERNMENTAL AUTHORITIES, MEMBERS OF THE PUBLIC AND ITS MEMBERSHIP. CONSEQUENTLY, THERE EXISTS BETWEEN CCSWFL AND ITS BOARD OF DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES A FIDUCIARY DUTY THAT CARRIES WITH IT A BROAD AND UNBENDING DUTY OF LOYALTY AND FIDELITY. THE DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES HAVE THE RESPONSIBILITY OF ADMINISTERING THE AFFAIRS OF CCSWFL HONESTLY AND PRUDENTLY, AND OF EXERCISING THEIR BEST CARE, SKILL, AND JUDGMENT FOR THE SOLE BENEFIT OF CCSWFL. THOSE PERSONS SHALL EXERCISE THE UTMOST GOOD FAITH IN ALL TRANSACTIONS INVOLVED IN THEIR DUTIES, AND THEY SHALL NOT USE THEIR POSITIONS WITH CCSWFL OR KNOWLEDGE GAINED THERE FROM FOR THEIR PERSONAL BENEFIT. THE INTERESTS OF THE CCSWFL MUST HAVE THE FIRST PRIORITY IN ALL DECISIONS AND ACTIONS. PERSONS CONCERNED: THIS STATEMENT IS DIRECTED NOT ONLY TO BOARD MEMBERS AND OFFICERS, BUT TO ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF CCSWFL. THIS INCLUDES ALL EMPLOYEES PURCHASING DECISIONS, ALL OTHER PERSONS WHO MIGHT BE DESCRIBED AS "MANAGEMENT PERSONNEL, AND ALL WHO HAVE PROPRIETARY INFORMATION CONCERNING CCSWFL. KEY AREAS IN WHICH CONFLICT MAY ARISE: CONFLICTS OF INTEREST MAY ARISE IN THE RELATIONS OF DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES WITH ANY OF THE FOLLOWING THIRD PARTIES: - PERSONS AND FIRMS SUPPLYING GOODS AND SERVICES TO CCSWFL - PERSONS AND FIRMS FROM WHOM CCSWFL LEASES PROPERTY AND EQUIPMENT - PERSONS AND FIRMS WITH WHOM CCSWFL IS DEALING OR PLANNING TO DEAL IN CONNECTION WITH THE GIFT, PURCHASE OR SALE OF REAL ESTATE, SECURITIES, OR OTHER PROPERTY - COMPETING OR AFFINITY ORGANIZATIONS - DONORS AND OTHERS SUPPORTING CCSWFL - RECIPIENTS OF GRANTS FROM CCSWFL - AGENCIES, ORGANIZATIONS, AND ASSOCIATIONS THAT AFFECT THE OPERATIONS OF CCSWFL - FAMILY MEMBERS, FRIENDS, AND OTHER EMPLOYEES NATURE OF CONFLICTING INTEREST: A MATERIAL CONFLICTING INTEREST MAY BE DEFINED AS AN INTEREST, DIRECT OR INDIRECT, WITH ANY PERSONS AND FIRMS MENTIONED ABOVE. SUCH AN INTEREST MIGHT ARISE, FOR EXAMPLE, THROUGH: - OWNING STOCK OR HOLDING DEBT OR OTHER PROPRIETARY INTERESTS IN ANY THIRD PARTY DEALING WITH CCSWFL - HOLDING OFFICE, SERVING ON THE BOARD, PARTICIPATING IN MANAGEMENT, OR BEING OTHERWISE EMPLOYED (OR FORMERLY EMPLOYED) BY ANY THIRD PARTY DEALING WITH CCSWFL - RECEIVING REMUNERATION FOR SERVICES WITH RESPECT TO INDIVIDUAL TRANSACTIONS INVOLVING CCSWFL - USING CCSWFL'S TIME, PERSONNEL, EQUIPMENT, SUPPLIES, OR GOOD WILL OTHER THAN FOR APPROVED CCSWFL ACTIVITIES AND PURPOSES - RECEIVING PERSONAL GIFTS OR LOANS FROM THIRD PARTIES DEALING WITH CCSWFL. RECEIPT OF ANY GIFT IS DISAPPROVED EXCEPT GIFTS OF NOMINAL VALUE THAT COULD NOT BE REFUSED WITHOUT DISCOURTESY. NO PERSONAL GIFT OF MONEY SHOULD EVER BE ACCEPTED. INTERPRETATION OF THIS STATEMENT OF POLICY: THE AREAS OF CONFLICTING INTEREST LISTED IN THE ABOVE SECTIONS AND THE RELATIONS IN THOSE AREAS THAT MAY GIVE RISE TO CONFLICT, AS LISTED HEREIN ARE NOT EXHAUSTIVE. CONCEIVABLY, CONFLICTS MIGHT ARISE IN OTHER AREAS OR THROUGH OTHER RELATIONS. IT IS ASSUMED THAT THE DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES WILL RECOGNIZE SUCH AREAS AND RELATION BY SIMILARITY. THE FACT THAT ONE OF THE INTERESTS DESCRIBED HEREIN EXISTS DOES NOT MEAN NECESSARILY THAT A CONFLICT EXISTS, OR THAT THE CONFLICT, IF IT EXISTS, IS MATERIAL ENOUGH TO BE OF PRACTICAL IMPORTANCE, OR IF MATERIAL THAT UPON FULL DISCLOSURE OF ALL RELEVANT FACTS AND CIRCUMSTANCES THAT IT IS NECESSARILY ADVERSE TO THE INTERESTS OF CCSWFL. HOWEVER, IT IS THE POLICY OF THE BOARD THAT THE EXISTENCE OF ANY OF THE INTERESTS DESCRIBED HEREIN SHALL BE DISCLOSED ON A TIMELY BASIS AND ALWAYS BEFORE ANY TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF DIRECTORS, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. DISCLOSURE POLICY AND PROCEDURE: DISCLOSURE SHOULD BE MADE ACCORDING TO CCSWFL'S STANDARDS. TRANSACTIONS WITH RELATED PARTIES MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: A. A MATERIAL TRANSACTION IS FULLY DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION; B. THE RELATED PARTY IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; C. A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND D. THE ORGANIZATION'S BOARD HAS ACTED UPON AND DEMONSTRATED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. STAFF DISCLOSURES SHOULD BE MADE TO THE CHIEF EXECUTIVE (OR IF HE OR SHE IS THE ONE WITH THE CONFLICT, THEN TO THE DESIGNATED COMMITTEE), WHO SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IS MATERIAL, AND IF THE MATTERS ARE MATERIAL, BRING THEM TO THE ATTENTION OF THE DESIGNATED COMMITTEE. DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE DESIGNATED COMMITTEE: THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IS MATERIAL, AND IN THE PRESENCE OF AN EXISTING MATERIAL CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO CCSWFL. THE DECISION OF THE BOARD ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF CCSWFL, THE MEMBERSHIP, AND THE ADVANCEMENT OF THE MISSION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE CEO ON AN ANNUAL BASIS TO DETERMINE COMPENSATION INCREASES. THE BOARD OF DIRECTORS AND CEO REVIEW THE CFO ON AN ANNUAL BASIS TO DETERMINE COMPENSATION INCREASES. ALL INCREASES ARE BASED ON LOCAL AND NATIONAL DATA IN THE INDUSTRY AND ARE REVIEWED BY THE BOARD OF DIRECTORS. THE MOST RECENT REVIEW WAS PERFORMED IN 2023. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILBLE TO THE PUBLIC UPON REQUEST.