Cocokids INC FY2024 filing

Tax-deductible

Concord, CA501(c)(3)Since 1989Human ServicesEIN 94-2383037Revenue $82.5M in FY2024

On file with the IRScocokids.org1035 Detroit Ave Ste 200, 94518-2478 · Concord, CATax-exempt since Oct 1978Publicly supported charity — 170(b)(1)(A)(vi)

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CocoKids, Inc. provides leadership, advocacy and support to champion and advance quality care and early education through a variety of initiatives, programs, and services.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$828K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $134K a year · under 1% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$828K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $148K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$25.3M
95% of total assets
Concern: liabilities are 95% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$82.5M
+20% vs prior year
Spent
$82.3M
To programs
96%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$82.5M
FY2024▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$44.0M
FY2021$52.7M
FY2022$53.0M
FY2023$68.8M
FY2024$82.5M
FY2024$95.3M
Expenses
$82.3M
FY2024▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$43.9M
FY2021$52.6M
FY2022$52.9M
FY2023$68.5M
FY2024$82.3M
FY2024$95.2M
Net assets
$1.4M
FY2024▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$595K
FY2021$759K
FY2022$793K
FY2023$1.1M
FY2024$1.4M
FY2024$1.6M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $79.3M Management & general 4% · $3.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $828K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$209,238Pt VII · Sec A
Director HR
$168,328Pt VII · Sec A
Director Finance
$165,728Pt VII · Sec A
Di. of Child Care
$147,675Pt VII · Sec A
Director Developme
$136,935Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

John F Jones’s $232K as Executive Dir. is at the 57th percentile of top reported officer pay among 3122 $10–100M 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
John F Jones$231,939$209,238$203,830$190,817$186,106$162,515
Elizabeth Elsasser$178,298$165,728$151,148$142,722$127,520$109,847
Cynthia McMurry—$168,328$139,039$128,810$118,370$100,641
Michelle Mortenson$151,668$147,675————
Leticia Quizon$148,363$136,935$125,452$120,783$115,236$100,344
Margaret Weigert-Jacobs——$123,790$126,057$116,577$102,862
Erin Adsit————$112,604—
Michelle Lynn Mortenson———$105,083——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Champions quality early education and childcare through leadership, advocacy, and support programs.

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Provided by the organization

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3 programs · $77.9M · in their own filed words · FY2023
01

Child Care Fund

Through California's Child Care Fund, CocoKids provides partial to full child care subsidy to thousands of low-income families in Contra Costa County. Families need this subsidized child care so they can work, find work, or gain new vocational skills. This ensures a better life for children and their families.

$68.1Mprogram expense
02

Child Care Resource & Referral Program/Early Start to Success: CocoKids assists and guides parents in making informed choices about child care. Through free child care referrals using a database of over 1,500 licensed providers, CocoKids educates parents on what to look for in a quality child care, provides a warm line for parenting…

$5.4Mprogram expense
03

Child Health & Nutrition Program

CocoKids administers the Child Health and Nutrition Program, a nationally recognized initiative in the fight against obesity. CocoKids enables providers to serve nutritious meals to children in child care settings by reimbursing them for the cost of healthy meals and snacks. Good nutrition prepares children to learn better.

$4.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 7 grants · $15.6M · 2020–2024
Unitemized GrantFY2024$1,089,564
Unitemized GrantFY2023$4,426,654
Unitemized GrantFY2022$5,644,481
Unitemized GrantFY2021$2,033,400
Unitemized GrantFY2020$1,724,191
Unitemized GrantFY2020$613,924
Unitemized GrantFY2020$26,716

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$82.5M
Ln 12
Gifts and grantsLn 1h$82.3M
Investment incomeLn 3$113K
Other incomeLn 4–11$70K
Money outPt IX
$82.3M
Ln 25
Programscol B$79.3M
Managementcol C$3.0M
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$16.4M
Total assetsLn 16$26.7M
LiabilitiesLn 26$25.3M
PeoplePt VI, VII
15
listed · VII A
PaidVII A5
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$82.3M
Government grantsLn 1e$81.9M
Fees for servicesLn 2g$30K
Investment incomeLn 3$113K
Other incomeLn 4–11$70K
Gains on assetsLn 7$0
Total revenueLn 12$82.5M
Assets in detailPt X, end of year
CashLn 1$15.9M
SavingsLn 2$541K
Cash and savings togetherLn 1–2$16.4M
InvestmentsLn 11–13$1.1M
Land, buildings, equipmentLn 10c$123K
Other assetsLn 15$990K
Total assetsLn 16$26.7M
LiabilitiesLn 26$25.3M
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 5122
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.8M$16.4M
InvestmentsLn 11–13$605K$1.1M
Land, buildings, equipmentLn 10c$171K$123K
Total assetsLn 16$10.7M$26.7M
LiabilitiesLn 26$9.6M$25.3M
Net assetsLn 32$1.1M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$4.4M$4.4M
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$251K$251K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$7.7M$6.5M$1.2M
Pension plan contributionsLn 8$408K$351K$57K
Other employee benefitsLn 9$1.6M$1.3M$229K
Payroll taxesLn 10$759K$611K$148K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$27K$22K$5K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$0
Information technologyLn 14$344K$242K$102K
RoyaltiesLn 15$0
OccupancyLn 16$547K$493K$54K
TravelLn 17$40K$35K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$26K$20K$6K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$29K$16K$12K
Other expenses (24a–d)Ln 24$65.2M$64.6M$557K
All other expensesLn 24e$1.0M$630K$374K
Total functional expensesLn 25$82.3M$79.3M$3.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $82.5M$82.3M$181K$1.4M 990 PDF
FY2023 $68.8M$68.5M$250K$1.1M 990 PDF
FY2022 $53.0M$52.9M$123K$793K 990 PDF
FY2021 $52.7M$52.6M$48K$759K 990 PDF
FY2020 $44.0M$43.9M$68K$595K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $82,473,954 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $68,634,930$82,261,210
I-9 Program service revenue$29,952
I-10 Investment incomePrior year $62,965$113,286
I-11 Other revenuePrior year $56,751$69,506
I-12 Total revenuePrior year $68,754,646$82,473,954
I-13 Grants and similar amounts paidPrior year $5,644,481$4,426,654
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $8,838,465$10,649,803
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $54,021,834$67,216,905
I-18 Total expensesPrior year $68,504,780$82,293,362
I-19 Revenue less expensesPrior year $249,866$180,592
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $82,473,954 across 11 lines filed
VIII-1e Government grants$81,853,448
VIII-1f All other contributions, gifts and grants$407,762
VIII-1h Total contributions, gifts and grants$82,261,210
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $29,952$29,952
VIII-3 Investment incomeExcluded from tax $113,286$113,286
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $37,341$37,341
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $32,165$32,165
VIII-12 Total revenueRelated to mission $99,458 · Excluded from tax $113,286$82,473,954
Part IX · Statement of functional expenses $82,293,362 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $4,426,654$4,426,654
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $250,717$250,717
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $6,461,330 · Management $1,211,172$7,672,502
IX-8 Pension plan contributionsPrograms $350,902 · Management $57,392$408,294
IX-9 Other employee benefitsPrograms $1,330,411 · Management $229,097$1,559,508
IX-10 Payroll taxesPrograms $610,557 · Management $148,225$758,782
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $22,495 · Management $4,596$27,091
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionManagement $7,248$7,248
IX-13 Office expenses$0
IX-14 Information technologyPrograms $241,920 · Management $101,630$343,550
IX-15 Royalties$0
IX-16 OccupancyPrograms $493,490 · Management $53,757$547,247
IX-17 TravelPrograms $35,382 · Management $4,981$40,363
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $20,007 · Management $6,403$26,410
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $16,484 · Management $12,475$28,959
IX-24 Other expenses (24a–d)Programs $64,635,864 · Management $556,695$65,192,559
IX-24e All other expensesPrograms $629,726 · Management $373,752$1,003,478
IX-25 Total functional expensesPrograms $79,275,222 · Management $3,018,140 · Fundraising $0$82,293,362
Part X · Balance sheet $26,655,858 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $4,329,787$15,873,200
X-2 Savings and temporary cash investmentsStart of year $427,301$540,753
X-3 Pledges and grants receivableStart of year $4,598,032$7,838,717
X-4 Accounts receivableStart of year $44,541$23,481
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $245,640$206,466
X-10c Land, buildings and equipment, netStart of year $170,732$122,865
X-11 Publicly traded securitiesStart of year $605,075$1,060,105
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $280,488$990,271
X-16 Total assetsStart of year $10,701,596$26,655,858
X-17 Accounts payable and accrued expensesStart of year $929,568$986,279
X-18 Grants payableStart of year $2,292,756$16,603,828
X-19 Deferred revenueStart of year $42,580$26,933
X-25 Other liabilitiesStart of year $6,324,907$7,678,118
X-26 Total liabilitiesStart of year $9,589,811$25,295,158
X-27 Net assets without donor restrictionsStart of year $1,111,785$1,360,700
X-32 Total net assets or fund balancesStart of year $1,111,785$1,360,700
X-33 Total liabilities and net assetsStart of year $10,701,596$26,655,858
Part XI · Reconciliation of net assets $1,360,700 net assets at year end
XI-1 Total revenue$82,473,954
XI-2 Total expenses$82,293,362
XI-3 Revenue less expenses$180,592
XI-4 Net assets at start of year$1,111,785
XI-5 Net unrealized gains (losses) on investments$68,323
XI-10 Net assets at end of year$1,360,700

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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