2012-03-01T14:17:54-06:00 2011-06-30 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-07-01 411260581 RESOURCES FOR CHILD CARING INC RESO 6516410305 10 YORKTON COURT SAINT PAUL MN 55117 BARBARA YATES 6516410305 2012-03-01 1 XIAOYAN LUO 6123764500 2010 2016-02-24 21:20:13Z BARBARA YATES 10 YORKTON COURT SAINT PAUL MN 55117 10762183 0 X WWW.RESOURCESFORCHILDCARING.ORG X 1975 MN TO ADVANCE QUALITY CARE AND EDUCATION OF CHILDREN IN THEIR CRUCIAL EARLY YEARS. 14 14 103 140 0 0 6049771 6507592 466705 448502 4250 5635 2424903 2555899 8945629 9517628 2939632 2403077 0 0 4186624 4155477 0 0 280510 2351999 2631567 9478255 9190121 -532626 327507 5791497 6260405 1699639 1675529 4091858 4584876 X TO ADVANCE QUALITY CARE AND EDUCATION OF CHILDREN IN THEIR CRUCIAL EARLY YEARS. 0 0 2919058 2237766 3400 FINANCIAL SUPPORT: RCC ADMINISTERS THREE FINANCIAL SUPPORT PROGRAMS FOR PROVIDERS AND FAMILIES: QUALITY IMPROVEMENT GRANTS AND EMERGENCY FUNDING FOR EARLY CHILDHOOD PROGRAMS BASED ON CITIZEN REVIEWER RECOMMENDATIONS; AN ELIGIBILITY-BASED SCHOLARSHIP PILOT PROGRAM FOR FAMILIES TO ENROLL CHILDREN IN PROGRAMS RATED HIGHLY IN MINNESOTA'S PARENT AWARE QUALITY RATING SYSTEM, AND BASIC SLIDING FEE CHILD CARE ASSISTANCE FOR ELIGIBLE LOW INCOME FAMILIES IN RAMSEY COUNTY. LAST YEAR, RCC ADMINISTERED $1.3 MILLION IN SCHOLARSHIP AND ALLOWANCE FUNDS, PROVIDED 350 QUALITY IMPROVEMENT GRANTS TO EARLY CHILDHOOD PROGRAMS, AND ADMINISTERED CHILDCARE ASSISTANCE TO 1,155 LOW INCOME FAMILIES IN RAMSEY COUNTY. 2050106 0 2609014 PUBLISHING: REDLEAF PRESS PRODUCES BOOKS AND OTHER MATERIALS THAT EMBODY AND CONVEY BEST PRACTICES IN EARLY CHILDHOOD CARE AND EDUCATION. LAST YEAR, REDLEAF PRESS DISTRIBUTED 205,409 PRODUCTS DESIGNED TO ASSIST IN PROVIDING A STIMULATING, CHILD-CENTERED CURRICULUM BASED ON SOUND AND ACCEPTED THEORY. 1069922 92434 344724 PROFESSIONAL DEVELOPMENT FOR EARLY CHILDHOOD PRACTITIONERS: IN 52 COMMUNITY LOCATIONS, RCC'S CLASSES AND WORKSHOPS BUILD SKILLS IN DELIVERING HIGH QUALITY CHILD CARE AND RUNNING SUCCESSFUL CHILD CARE BUSINESSES. TOPICS RANGE FROM CHILD DEVELOPMENT, PROGRAM ASSESSMENT AND CURRICULUM PLANNING TO RELATIONSHIPS BETWEEN PROVIDERS AND PARENTS, HEALTH AND SAFETY. LAST YEAR 11,082 STUDENTS ENROLLED; CLASSROOM COURSE HOURS OFFERED TOTALED OVER 2,000 HOURS. CLASSES WERE PROVIDED IN ENGLISH, SPANISH, HMONG, SOMALI, OROMO AND AMHARIC. OTHER EDUCATIONAL RESOURCES INCLUDE CAREER GUIDANCE FOR CERTIFICATION AND LICENSING AND A COMPREHENSIVE EARLY CHILDHOOD RESOURCE LIBRARY. 754065 38738 10286 COMMUNITY OUTREACH AND ACCESS: RCC PROVIDES DIRECT SERVICES TO ENGLISH LANGUAGE LEARNERS, NEW AMERICANS, IMMIGRANT FAMILIES, AND ALL UNDERSERVED COMMUNITIES TO BUILD AWARENESS AND SUPPORT ENGAGEMENT IN MINNESOTA'S EARLY CHILDHOOD CARE AND EDUCATION SYSTEM. LANGUAGES SPOKEN BY RCC STAFF INCLUDE HMONG, SPANISH, AMHARIC, SOMALI AND OROMO. 667856 34139 20800 EARLY CHILDHOOD CARE AND EDUCATION CONSULTATION: RCC DELIVERS CONSULTING AND TECHNICAL SERVICES OFTEN PROVIDED ONE-ON-ONE AND ON-SITE, IN ONE OR MORE OF THE FOLLOWING AREAS: INCLUSION OF CHILDREN WITH EMOTIONAL AND BEHAVIORAL CHALLENGES, SPECIAL NEEDS, HEALTH AND ENVIRONMENTAL IMPROVEMENTS, CHILD CARE BUSINESS AND RECORDKEEPING, AND OVERALL QUALITY IMPROVEMENTS. 572580 0 1900 PARENT EDUCATION AND REFERRAL: AS MINNESOTA'S LARGEST RESOURCE AND REFERRAL AGENCY, RCC USES A DATABASE OF OVER 5,200 PROGRAMS TO PROVIDE PARENTS WITH ACCURATE INFORMATION AND CONSULTATION TO HELP THEM FIND, EVALUATE AND CHOOSE CHILD CARE THAT MEETS THEIR NEEDS. 1994501 72877 32986 8033587 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 502 0 1 103 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X X PAM LONGFELLOW 6516416619 10 YORKTON COURT ST PAUL MN 55117 JACQUELINE REIS 1.00 X X 0 0 0 GREG PEARSON 1.00 X X 0 0 0 CARLEEN M KERTTULA 1.00 X X 0 0 0 PAUL KOERBER 1.00 X X 0 0 0 JIM BOYLE 1.00 X 0 0 0 MARK CROSS 1.00 X 0 0 0 ROB GRUNEWALD 1.00 X 0 0 0 ANN HILL 1.00 X 0 0 0 HUNTER SAKLAD 1.00 X 0 0 0 JODI SANDFORT 1.00 X 0 0 0 SCOTT SINGER 1.00 X 0 0 0 VALLAY MOUA VARRO 1.00 X 0 0 0 CRAIG VOSS 1.00 X 0 0 0 MARY ANN BARROWS WARK 1.00 X 0 0 0 BARBARA YATES 40.00 X 130968 0 13440 PAM LONGFELLOW 40.00 X 79871 0 4615 210839 0 18055 1 0 0 0 0 4081158 2426434 59439 6507592 PROGRAM SERVICE FEES 624410 379630 379630 OTHER PROGRAM REVENUE 900099 68872 68872 448502 5635 5635 3786177 1244555 2541622 2541622 MISCELLANEOUS REVENUE 900099 14277 14277 14277 9517628 2990124 0 19912 1780943 1780943 622134 622134 275303 275303 3472034 3130620 197474 143940 67094 50899 10965 5230 100092 76124 16145 7823 240954 200519 30705 9730 1235 1235 22635 22635 5000 5000 589344 461763 105518 22063 332153 332153 657524 638220 12784 6520 77076 73406 55 3615 297985 413051 -133649 18583 110358 88887 20837 634 62493 50793 10712 988 29755 29755 265875 49612 214571 1692 43366 10612 32436 318 INKIND SUPPLIES 58900 58900 CREDIT CARD/BANK FEES 49000 43026 5838 136 MISCELLANEOUS 12864 -4442 17278 28 BAD DEBTS 8981 8981 SUBSCRIPTIONS AND DUES 7023 5051 1662 310 9190121 8033587 876024 280510 300 139480 462796 1092375 210573 121689 1186573 1062915 684664 962526 128320 117958 3615812 1516351 2219564 2099461 886307 651601 12400 12400 5791497 6260405 829222 859195 363869 324470 506548 491864 1699639 1675529 X 3738275 4253361 353583 331515 4091858 4584876 5791497 6260405 X 327507 165511 X 0 1 1 X 1 1 X 4383261 5621560 8269867 6049771 6507592 30832051 4383261 5621560 8269867 6049771 6507592 30832051 30832051 30032 25362 4533 4250 5635 69812 14277 14277 30916140 21371956 0.99730 0.97160 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 5000 0 5000 8904611 8909611 595481 148870 0 0 539906 723680 623913 595481 2482980 3724470 5250 5400 5000 5000 20650 134977 180920 155978 148870 620745 931118 5400 5000 5000 15400 205000 205000 2647257 926563 1720694 62042 28211 33831 701513 561577 139936 2099461 WHITEBOX CONCENTRATED CONVERTIBLE ARBITRAGE FUND, LTD. 306298 F WHITEBOX CREDIT ARBITRAGE FUND, LTD. 311578 F WHITEBOX SMALL CAP LONG SHORT EQUITY FUND, LTD. 33725 F 651601 9517628 9190121 327507 165511 165511 493018 10927694 165511 165511 10762183 -1244555 -1244555 9517628 10434676 1244555 1244555 9190121 0 9190121 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS A MINNESOTA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN THE YEARS ENDED JUNE 30, 2011 OR 2010. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS IT HAS TAKEN. IT IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURIDICTION. FEDERAL AND STATE TAX AUTHORITIES HAVE THE RIGHT TO EXAMINE RETURNS FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,244,555. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,244,555. 1 AMHERST H WILDER FOUNDATION 451 LEXINGTON PARKWAY NORTH SAINT PAUL MN 55104 410693889 501(C)(3) 175154 N/A N/A CHILD CARE GRANT BETHEL UNIVERSITY KING FAMILY FOUNDATION CDC 376 WESTERN AVENUE SAINT PAUL MN 55103 410708577 501(C)(3) 66127 N/A N/A CHILD CARE GRANT CENTRAL LUTHERAN PRESCHOOL & ESC 775 NORTH LEXINGTON PARKWAY SAINT PAUL MN 55104 416008777 501(C)(3) 47880 N/A N/A CHILD CARE GRANT CHILDREN'S HOME SOCIETY & FAMILY SERVICES 1605 EUSTIS STREET SAINT PAUL MN 55108 410693906 501(C)(3) 39595 N/A N/A CHILD CARE GRANT COMMUNITY ACTION PARTNERSHIPS-HEAD START 450 SYNDICATE STREET SAINT PAUL MN 55104 410883443 501(C)(3) 217814 N/A N/A CHILD CARE GRANT CORNERSTONE MONTESSORI SCHOOL 1611 AMES AVENUE SAINT PAUL MN 55106 411361913 501(C)(3) 82019 N/A N/A CHILD CARE GRANT JOY PRESCHOOL 655 FOREST STREET SAINT PAUL MN 55106 410799781 501(C)(3) 24988 N/A N/A CHILD CARE GRANT KINDERCARE LEARNING CENTER 8453 EAST POINT DOUGLAS ROAD COTTAGE GROVE MN 55016 061097006 5000 N/A N/A CHILD CARE GRANT KINDERCARE LEARNING CENTER 3420 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 061097006 8300 N/A N/A CHILD CARE GRANT KINDERCARE LEARNING CENTER - COUNTY ROAD B2 181 WEST COUNTY ROAD B2 ROSEVILLE MN 55113 061097006 52964 N/A N/A CHILD CARE GRANT KINDERCARE LEARNING CENTER - HUMBOLDT AVENUE 1541 HUMBOLDT AVENUE WEST SAINT PAUL MN 55118 061097006 20250 N/A N/A CHILD CARE GRANT KINDERCARE LEARNING CENTER - WBL 1000 MEADOWLANDS DRIVE WHITE BEAR LAKE MN 55127 061097006 11731 N/A N/A CHILD CARE GRANT LIFETRACK RESOURCES - FAMILIES TOGETHER 709 UNIVERSITY AVENUE SAINT PAUL MN 55104 410874507 501(C)(3) 11396 N/A N/A CHILD CARE GRANT NEW HORIZON - CARLTON 586 CARLTON STREET MAPLEWOOD MN 55119 411569865 10070 N/A N/A CHILD CARE GRANT NEW HORIZON ACADEMY 1885 EAST 134TH STREET BURNSVILLE MN 55337 411569865 5877 N/A N/A CHILD CARE GRANT NEW HORIZON ACADEMY - COLFAX 4656 COLFAX AVENUE NORTH MINNEAPOLIS MN 55412 411569865 10207 N/A N/A CHILD CARE GRANT NEW HORIZON ACADEMY - DOWNTOWN 401 ROBERT STREET SAINT PAUL MN 55101 411569865 15707 N/A N/A CHILD CARE GRANT NEW HORIZON ACADEMY - EDINBURGH 8547 EDINBURGH CENTER DRIVE BROOKLYN PARK MN 55443 411569865 7460 N/A N/A CHILD CARE GRANT NEW HORIZON ACADEMY - RICE STREET 1295 RICE STREET SAINT PAUL MN 55117 411569865 230950 N/A N/A CHILD CARE GRANT PARENTS IN COMMUNITY ACTION INC 700 HUMBOLT AVENUE NORTH MINNEAPOLIS MN 55411 410956226 501(C)(3) 10000 N/A N/A CHILD CARE GRANT RAINBOW CHILD DEVELOPMENT CENTER 1566 THOMAS AVENUE SAINT PAUL MN 55104 411915967 501(C)(3) 58227 N/A N/A CHILD CARE GRANT SALVATION ARMY KING FAMILY CDC 401 WEST SEVENTH STREET SAINT PAUL MN 55102 410698597 501(C)(3) 13000 N/A N/A CHILD CARE GRANT TINY TOTS & LITTLE TYKES 1200 OAKDALE AVENUE WEST ST PAUL MN 55118 411527628 501(C)(3) 14416 N/A N/A CHILD CARE GRANT UNION GOSPEL MISSION CHILD DEVELOPMENT CENTER 109 EAST NINTH STREET SAINT PAUL MN 55101 410705847 501(C)(3) 33552 N/A N/A CHILD CARE GRANT WHOLECHILD 1901 FORD PARKWAY SAINT PAUL MN 55116 411535506 12100 N/A N/A CHILD CARE GRANT 13 12 SCHOLARSHIPS 7 142679 0 N/A N/A PARENT AWARE GRANTS 69 179195 0 N/A N/A BQ GRANTS 52 130674 0 N/A N/A CCS GRANTS 269 169586 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE AWARDED TO CHILD CARE PROVIDERS AND THE FOLLOWING PROCESS IS USED FOR RECIPIENTS REPORTED IN PARTS II AND III OF SCHEDULE I: GRANT COORDINATORS EXECUTE ESTABLISHED PROGRAM GUIDELINES ACCORDING TO GRANT PROGRAM SPECIFICATIONS. A COMMITTEE REVIEWS FOR APPROVAL ALL GRANT PROPOSALS. FUNDING IS ALLOCATED BASED ON PROGRAM BALANCE AND COMMITTEE RECOMMENDATIONS. FUNDS ARE EXPENDED UPON GRANTEES INVOICE DOCUMENTING PURCHASES AND FULFILLMENT OF GRANT OBLIGATIONS. GRANTEES SUBMIT FINAL GRANT REPORTS. MANAGEMENT OVERSEES THE THE PROCESS TO ASSURE THAT GRANT MONITORING PROCESSES ARE FOLLOWED. X 1 539 FAIR MARKET VALUE X 2 121 ESTIMATED VALUE X ZOO TICKETS 1 20000 FACE VALUE X ADMITTANCE COMO TOWN 1 1157 FACE VALUE X SOFTWARE LIC 1 37050 STATED VALUE X ALL OTHER 2 572 ESTIMATED VALUE 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE ELECTIVE OFFICERS, THE IMMEDIATE PAST BOARD CHAIR, THE CHAIRS OF ANY STANDING COMMITTEES OF THE BOARD OF DIRECTORS, AND OTHER COMMITTEE CHAIRS AT THE DISCRETION OF THE BOARD CHAIR. THE COMMITTTEE SHALL ONLY HAVE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION TO THE EXTENT DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO IRS FILING, THE 990 IS REVIEWED FIRST BY THE FINANCE COMMITTEE THEN BY THE ENTIRE BOARD OF DIRECTORS AT THE DECEMBER BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL NOTIFICATIONS ARE GIVEN TO ALL AFFECTED OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ALONG WITH A REQUIREMENT FOR A SIGNED CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST POLICY IS DESIGNED TO IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND TO PROVIDE RCC WITH A PROCEDURE WHICH WHEN OBSERVED WILL ALLOW A TRANSACTION TO BE TREATED AS VALID AND BINDING. ANY RESPONSIBLE MEMBER IS REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST BEFORE THE BOARD OR COMMITTEE THEREOF WHO SHALL DETERMINE WITHOUT THE INTERESTED INDIVIDUAL IF A CONFLICT OF INTEREST EXISTS. THE RESPONSIBLE PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT RCC'S DECISION REGARDING SUCH CONTRACT OR TRANSACTION AND MAY NOT PARTICIPATE OR HEAR THE BOARD OR COMMITTEE'S DISCUSSION OF THE MATTER, IS NOT COUNTED FOR THE PRESENCE OF A QUORUM, AND MAY NOT VOTE. THE ORGANIZATION DOCUMENTS PROCEEDINGS RELATED TO CONFLICTS OF INTEREST IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION WAS VERIFIED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND AN EXTERNAL SEARCH FIRM WAS RETAINED FOR THE PURPOSES OF PROVIDING INDEPENDENT MARKET SURVEY DATA. THE PROCESS AND DETERMINATION ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. THE LAST REVIEW PROCESS WAS DONE IN 2010 FOR THE EXECUTIVE DIRECTOR, B. YATES. COMPENSATION WAS VERIFIED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION AND AN EXTERNAL SEARCH FIRM WAS RETAINED FOR THE PURPOSES OF PROVIDING INDEPENDENT MARKET SURVEY DATA. THE PROCESS AND DETERMINATION ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. THE LAST REVIEW PROCESS WAS DONE IN 2010 FOR THE CHIEF FINANCIAL OFFICER, P. LONGFELLOW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 165,511.