Child Development Associates Incorporated EIN 33-0050042 Form 990 (PDF) Claim this org

Child Development Associates Incorporated

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Supports children, families, and childcare providers for their success and well-being. For fiscal year 2025 it reported $307.2M in revenue, $305.3M in expenses, and $2.8M in net assets.Pt I

Founded
1984
Type
Public charity (501(c)(3)) · Human Services
Location
Bonita, CA
Website
www.cdasd.org
Filings
6 on file (2020–2025)
Revenue
$307.2MFY2025
Expenses
$305.3M
Net assets
$2.8M
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  33-0050042 Public charity (501(c)(3)) Bonita, CA Founded 1984
Form 990 (PDF)
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Figures match the IRS filing checked 7/4/26 · see original: IRS
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Size
$100M+
What they do
Supports children, families, and childcare providers for their success and well-being.
Leadership
Richard Richardson · President & CEO · $474K
Money in and out
$307.2M revenue, $305.3M expenses
Bottom line
96% program efficiency
Where the money goes · FY2025
Total revenue
$307.2M
Pt VIII · Ln 12
Total expenses
$305.3M
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.9M
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs-0.2% vs prior filing year
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate▲ +13% vs prior filing year
Surplus margin
+0.6%
revenue over expenses, this year▲ ×16 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$307.2M
FY2025▲ +38%
Expenses
$305.3M
FY2025▲ +37%
Total assets
$86.4M
FY2025▲ +44%
Total liabilities
$83.6M
FY2025▲ +42%
Total revenue
$307.2M
Pt VIII · Ln 12
Total expenses
$305.3M
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.9M
Total assetsPt X · Ln 16$86.4M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChild Development Associates Incorporated
EINHdr · item D33-0050042
Principal addressHdr · item CBonita, CA
WebsiteHdr · item Jwww.cdasd.org
Year of formationHdr · item L1984
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P37Z)
Ruling yearIRS BMFOct 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President & CEO
$473,911Pt VII · Sec A
VP & Treasurer
$324,738Pt VII · Sec A
VP & Secretary
$278,755Pt VII · Sec A
Vice President
$274,926Pt VII · Sec A
IT Manager
$246,143Pt VII · Sec A
Con&fiscalcompl.mg
$239,161Pt VII · Sec A
Ap Manager
$226,872Pt VII · Sec A
Ap Fiscal Manager
$212,455Pt VII · Sec A

Richard Richardson’s $474K as President & CEO is at the 63rd percentile of top reported officer pay among 249 $100M+ human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Richard Richardson$473,911$456,386$401,336$386,967$397,246$344,986
Jorge Hernandez$324,738$288,450$260,426$248,871$244,063$218,794
Norma Hernandez$278,755$293,836$237,198$217,956$228,185$185,214
Jolie Buberl$274,926$283,377$229,638$218,206$232,086$185,382
Vinh Dang$246,143$226,003$207,731$196,101$203,116$164,479
Erica Nevling$239,161$218,410$178,343$168,806$162,535$148,063
Jennifer Villa$226,872$187,535$170,613$157,649$142,970$132,777
Cynthia Navarrete$212,455$209,628$159,159$149,367$147,731$127,760

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $292.4M of program spending, described in the organization's own filed words · FY2024.
01

Child care services are funded by U.S. Dept. of Health and Human Services and California Department of Social Services. The Alternative Payment Programs help low to moderate income families and families who are currently or have received CalWORKS cash aid assistance within the past twenty four months with free or reduced cost child care…

$218.2Mprogram expense
02

Supplemental Rate Payments are funded by the California Department of Social Services to provide additional reimbursement to eligible child care providers serving families who receive subsidized child care assistance.

$62.7Mprogram expense
03

Child and Adult Care Food Program is funded by U.S. Dept. of Agriculture and California Department of Social Services. This program reimburses child care providers for the nutritious meals they serve to the children in their care.

$11.4Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$304.4M · 99%
Other revenue$2.1M · 1%
Contributions & grants99%$304.4M
Other revenue1%$2.1M
Program service revenue$12K
Investment income$666K
— government grantsLn 1e$304.4M
Total revenueLn 12$307.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$294.2M
Management & general4%$11.0M
Total functional expensesLn 25$305.3M

Balance Sheet

Part X · end of year
CashLn 1$66.5M
Total assetsLn 16$86.4M
Total liabilitiesLn 26$83.6M
Total net assetsLn 32$2.8M
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $67.4M · Operating expenses/yr $305.3M
2.6 months
Where the money goes
Program services
Program services $294.2M · Total expenses $305.3M
96%
Management & General
Management & general $11.0M · Total expenses $305.3M
4%
Fundraising
Fundraising $0 · Total expenses $305.3M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $20K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $304.4M · Total revenue $307.2M
99%
Government reliance
Government grants $304.4M · Total revenue $307.2M
99%
Earned-income share
Program service revenue $12K · Total revenue $307.2M
<0.01%
Investment reliance
Investment income $666K · Total revenue $307.2M
+0.2%
Program self-sufficiency
Program service revenue $12K · Total expenses $305.3M
<0.01%
Growth & trend
Revenue growth (YoY)
This year $307.2M · Prior year $222.4M
+38%
Revenue CAGR
FY2019 $115.4M · FY2024 $307.2M
+22%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year $895K
+218%
Balance sheet
Surplus Margin
Revenue $307.2M · Expenses $305.3M
+0.6%
Liabilities-to-Assets
Total liabilities $83.6M · Total assets $86.4M
97%
Net-asset ratio
Net assets $2.8M · Total assets $86.4M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $806K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $86.4M
0.9%
People & payroll
Highest Reported Total Compensation
Individual Richard Richardson · Reported title President & CEO · Highest reported compensation $474K · Total expenses $305.3M
0.2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $36.1M · Total expenses $305.3M
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth 38%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.08%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$12.3M
Grants paid · 13 grants · $423.0M · 2019–2024
Unitemized GrantFY2024$31,216,589
Unitemized GrantFY2023$6,808,006
Unitemized GrantFY2022$15,640,995
Unitemized GrantFY2021$107,698,059
Unitemized GrantFY2021$9,647,537
Unitemized GrantFY2021$5,191,830
Unitemized GrantFY2021$390,246
Unitemized GrantFY2020$100,105,277
Unitemized GrantFY2020$23,469,769
Unitemized GrantFY2020$9,647,171
Unitemized GrantFY2019$97,683,229
Unitemized GrantFY2019$9,554,667
Unitemized GrantFY2019$5,965,248

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$307.2M revenue · viewing · ⤓ 990 PDF
FY2024$222.4M revenue · ⤓ 990 PDF
FY2023$163.0M revenue · ⤓ 990 PDF
FY2022$123.2M revenue · ⤓ 990 PDF
FY2021$135.3M revenue · ⤓ 990 PDF
FY2020$115.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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