2011-05-03T11:55:49-05:00 2010-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2010-01-01 840632406 COLORADO SPRINGS CHILD NURSERY CENTERS INC COLO 7196321754 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 DIANE PRICE 7196321754 2011-04-26 1 7196301186 2010 2016-02-24 21:20:13Z EARLY CONNECTIONS LEARNING CENTERS DIANE PRICE 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 4269778 0 X WWW.EARLYCONNECTIONS.ORG X 1924 CO THE ORGANIZATION PROVIDES PROGRAMS AND SERVICES IN THE FIELD OF EARLY CARE AND EDUCATION. X 18 18 147 103 0 0 3350048 3238922 977836 984343 512 -545661 37530 27680 4365926 3705284 0 0 0 0 3155072 3052254 13214 0 109501 976719 1140635 4145005 4192889 220921 -487605 1971646 1808381 225537 311956 1746109 1496425 X THE COLORADO SPRINGS CHILD NURSERY CENTERS HAS BEEN A LEADER IN THE FIELD OF EARLY CARE AND EDUCATION FOR OVER 113 YEARS. WE ENHANCE OUR PROGRAMS AND SERVICES TO MEET THE NEEDS OF A CHANGING COMMUNITY. OVER THE PAST CENTURY, WE HAVE GROWN FROM ONE CENTER SERVING 50 CHILDREN TO FIVE FULL-DAY, YEAR ROUND CENTERS AND FOUR BEFORE AND AFTER SCHOOL CENTERS, WITH THE CAPACITY TO SERVE ALMOST 600 CHILDREN DAILY. IN AN EFFORT TO PRESERVE OUR LIMITED RESOURCES AND TO AVOID DUPLICATION OF SERVICES, WE DEVELOP PARTNERSHIPS DESIGNED TO PROVIDE MORE OPPORTUNITIES TO A WIDER AUDIENCE. THE MISSION OF THE COLORADO SPRINGS CHILD NURSERY CENTERS IS TO PROVIDE HIGH QUALITY, COMPREHENSIVE EARLY CARE AND EDUCATION FOR ALL CHILDREN. THE COLORADO SPRINGS CHILD NURSERY CENTERS FOCUSES ON THE WHOLE CHILD AND FAMILY AND IS COMMITTED TO CHILDREN FROM ALL ECONOMIC BACKGROUNDS HAVING ACCESS TO THE HIGHEST QUALITY OF EARLY LEARNING OPPORTUNITIES TO IMPROVE SCHOOL READINESS. 0 0 3644992 984343 THE COLORADO SPRINGS CHILD NURSERY CENTERS WAS ESTABLISHED IN 1897 TO DELIVER HIGH QUALITY, COMPREHENSIVE EARLY CARE AND EDUCATION SERVICES TO CHILDREN FROM FAMILIES OF LIMITED MEANS AND WE REMAIN TRUE TO OUR MISSION. A SLIDING SCALE, BASED ON INCOME, IS USED TO DETERMINE PARENT FEES. OUR STUDENT POPULATION IS BOTH ETHNICALLY AND SOCIO-ECONOMICALLY DIVERSE. OVER 42% OF OUR CHILDREN QUALIFY FOR THE COLORADO CHILD CARE ASSISTANCE PROGRAM (FOR FAMILIES AT OR BELOW 140% OF POVERTY); ALMOST 70% ARE BEING RAISED IN SINGLE FAMILY HOUSEHOLDS, AND OVER TWO-THIRDS QUALIFY FOR FREE OR REDUCED COST MEALS THROUGH THE CHILD AND ADULT CARE FOOD PROGRAM. 3644992 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 1 26 0 147 1 0 0 0 0 1 1 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DIANE PRICE 7196321754 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 KENT BOWMAN 1.00 X 0 0 0 MIMI CAVANAUGH 1.00 X X 0 0 0 BRIAN GILMARTIN 1.00 X X 0 0 0 JOAN MULLENS 1.00 X 0 0 0 MICHAEL FINELLI 1.00 X 0 0 0 LISA CLEARY 1.00 X 0 0 0 PAULA MUNGER 1.00 X 0 0 0 CRIS SCHOON 1.00 X 0 0 0 TRUDY TAXMAN 1.00 X 0 0 0 JOHN WHITTEN 1.00 X X 0 0 0 SANDI YUKMAN 1.00 X X 0 0 0 JAMES MCDONALD 1.00 X 0 0 0 MIKE FINKBINER 1.00 X 0 0 0 MOLLIE BURNS 1.00 X 0 0 0 LYN HENTE 1.00 X 0 0 0 DARA MATTINGLY 1.00 X 0 0 0 PATRICK RUDY 1.00 X 0 0 0 JEFF ZEARFOSS 1.00 X 0 0 0 DIANE PRICE 40.00 X X 88149 0 14006 BRENDA TANK 40.00 X X 57648 0 3866 TERRY BARNETT 40.00 X X 60025 0 424 205822 0 18296 0 0 0 0 0 5760 456976 1818427 957759 13012 3238922 PARENT FEES 624410 984343 984343 984343 267 267 545928 -545928 -545928 -545928 46246 5760 18566 27680 27680 3705284 984343 0 -517981 224118 40651 178359 5108 2425810 2226160 125109 74541 209472 192273 11066 6133 192854 165854 21214 5786 14464 9402 5062 27812 18078 9734 22670 14735 7935 7656 7656 207204 196844 8288 2072 13927 9053 4874 6325 6325 18885 14164 4532 189 5995 5995 71063 61825 8528 710 31446 27358 3774 314 REPAIRS AND MAINTENANCE 242328 230212 12116 FOOD 189858 189858 ELVA EXPENSES 124457 124457 TELEPHONE & UTILITIES 78616 74685 3145 786 PRINTING 21513 16135 4733 645 56416 26923 16276 13217 4192889 3644992 438396 109501 2047 16929 110420 4362 221824 401675 134744 103464 9578 29481 1115482 567296 830709 548186 662324 704284 1971646 1808381 156701 246973 68836 64983 225537 311956 X 857811 390466 225974 401675 662324 704284 1746109 1496425 1971646 1808381 X -487605 237921 X X 0 1 1 X 1 1 X 2226546 2629055 2957363 3350048 3238922 14401934 2226546 2629055 2957363 3350048 3238922 14401934 58136 14343798 1249 512 267 2028 38683 43331 40018 39543 27680 189255 14593217 5111290 0.98290 0.98060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30894 30894 1084588 567296 517292 548186 BENEFICIAL INTEREST IN TRUSTS 704284 704284 3705284 4192889 -487605 195961 41960 237921 -249684 4739707 41960 221390 1228049 1491399 3248308 456976 456976 3705284 4236784 25429 18566 43995 4192789 100 100 4192889 PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST PART XII, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION INCOME 663,555. SPECIAL EVENTS EXPENSES 18,566. ASSET SALE (TRANSFER) TO RELATED ENTITIES 545,928. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFER FROM SUPPORTING ORGANIZATION 456,976. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 18,566. CHILD NURSERY CENTER EXPENSE NOT INCLUDED IN CONSOLIDATED AUDIT. GINGERBREAD & JAZZ 52006 5760 46246 18566 52006 5760 46246 18566 18566 27680 KENT BOWMAN BOARD MEMBER 29083 GENERAL CONTRACTING SERVICES 0 DESCRIPTION OF TRANSACTION: COLORADO SPRINGS CHILD NURSERY CENTER UTILIZED JBI CONSTRUCTION FOR CONSTRUCTION SERVICES TO PERFORM RENOVATION WORK ON ONE OF THE CENTERS. THE PRESIDENT OF JBI CONSTRUCTION IS A MEMBER OF THE CENTER'S BOARD OF DIRECTORS. TRANSFER OF REAL PROPERTY LOCATED AT 1445 S. CHELTON ROAD, COLORADO SPRINGS, CO 80910 TO RELATED 501(C)(2) HOLDING COMPANY. 2010-12-31 97679 ADJUSTED BOOK VALUE. 272098978 CNC-CHELTON BUILDING CORP 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 501(C)(2) TRANSFER OF REAL PROPERTY LOCATED AT 104 EAST RIO GRANDA STREET, COLORADO SPRINGS, CO 80903 TO RELATED 501(C)(2) HOLDING COMPANY. 2010-12-31 448349 ADJUSTED BOOK VALUE. 272098675 DAY NURSERY BUILDING CORP 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 501(C)(2) 1 0 0 0 PART II, LINE 2E: THE COLORADO SPRINGS CHILD NURSERY CENTER BOARD OF DIRECTORS PART II, LINE 2E: THE CENTER'S BOARD WILL BE THE GOVERNING BOARD OVER THE TRANSFEREE ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS THE COPY OF THE 990 BEFORE FILING FORM 990, PART VI, SECTION B, LINE 12C THE MATERIAL FACTS OF THE CONFLICT OF INTEREST ARE DISCLOSED TO THE BOARD. A MAJORITY OF DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS ARE REQUIRED TO VOTE ON TRANSACTIONS INVOLVING A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO OF THE ORGANIZATION. THE BOARD DOES A REVIEW OF THE CEO AND LOOKS AT THE MARKET TO DETERMINE THE CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DONATED SERVICES AND USE OF FACILITIES: 195,961. CHANGE IN BENEFICIAL INTEREST 41,960. TOTAL TO FORM 990, PART XI, LINE 5: 237,921. OVERSIGHT COMMITTEE FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE OVERSEES THE AUDIT AND SELECTS THE INDEPENDENT ACCOUNTANT. EARLY LEARNING VENTURE ALLIANCE AT CHILD NURSERY CENTERS LLC 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 270287731 MANAGES HOMECARE AFFILIATION PROGRAM FOR THE CS CHILD NURSERY CENTER CO 20812 212 COLORADO SPRINGS CHILD NURSERY CENTER COLORADO SPRINGS CHILD NURSERY CENTER FOUNDATION 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 841484609 MANAGES CERTAIN ASSETS FOR THE COLORADO SPRINGS CHILD NURSERY CENTER CO 501(C)(3) 11 COLORADO SPRINGS CHILD NURSERY CENTER 0 CNC-CHELTON BUILDING CORP 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 272098978 HOLDS CERTAIN ASSETS FOR THE COLORADO SPRINGS CHILD NURSERY CENTER CO 501(C)(2) COLORADO SPRINGS CHILD NURSERY CENTER 0 DAY NURSERY BUILDING CORP 104 EAST RIO GRANDE STREET COLORADO SPRINGS CO 80903 272098675 HOLDS CERTAIN ASSETS FOR THE COLORADO SPRINGS CHILD NURSERY CENTER CO 501(C)(2) COLORADO SPRINGS CHILD NURSERY CENTER 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 COLORADO SPRINGS CHILD NURSERY CENTER FOUNDATION C 456976 SEE SUPPLEMENTAL INFORMATION CNC-CHELTON BUILDING CORP Q 97679 SEE SUPPLEMENTAL INFORMATION DAY NURSERY BUILDING CORP Q 448349 SEE SUPPLEMENTAL INFORMATION METHOD OF DETERMINING AMOUNT INVOLVED: PART V, LINE 2(2)(D) AMOUNT WAS DETERMINED AND APPROVED BY THE GOVERNING BOARD. ASSETS WERE TRANSFERED AT THE ADJUSTED BOOK VALUE. METHOD OF DETERMINING AMOUNT INVOLVED: PART V, LINE 2(3)(D) AMOUNT WAS DETERMINED AND APPROVED BY THE GOVERNING BOARD. ASSETS WERE TRANSFERED AT THE ADJUSTED BOOK VALUE. METHOD OF DETERMINING AMOUNT INVOLVED: PART V, LINE 2(1)(D) AMOUNT IS DETERMINED AND APPROVED ANNUALLY BY THE GOVERNING BOARD.