Stone Soup Child Care Programs FY2023 filing

Encino, CAUnknown exempt organizationEIN 95-4044279

Provide quality care before and after school for 5-13 year old children that is safe, dependable, and affordable through a managed program of shared resource and goals.

91¢ of each $1 spent went to programs.
$228K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
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
0 of 5
filings with a surplus
Average deficit $200K a year · 55% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$228K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $41K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$203K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$373K
-19% vs prior year
Spent
$602K
To programs
91%
Net assets
$304K
By yearFY2020–FY2024
Revenue
$373K
FY2023▼ -19%
Revenue by fiscal year
FY2020$379K
FY2021$468K
FY2022$459K
FY2023$373K
FY2024$139K
Expenses
$602K
FY2023▼ -11%
Expenses by fiscal year
FY2020$597K
FY2021$496K
FY2022$678K
FY2023$602K
FY2024$442K
Net assets
$304K
FY2023▼ -43%
Net assets by fiscal year
FY2020$780K
FY2021$752K
FY2022$533K
FY2023$304K
FY2024$0

From the FY2023 Form 990 (year ending November 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $547K Management & general 8% · $50K Fundraising 1% · $6K

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

Who runs it and what they're paid

8 people listed on the 990; $228K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$88,180Pt VII · Sec A
Director/President
$74,256Pt VII · Sec A
$65,520Pt VII · Sec A
Director/Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Renee B Valencia$101,264————
Renee B Valencia—$88,180$78,081$73,180$72,020
Cindy M Pham-Le$77,490————
Judith G Brandlin—$74,256$74,256$74,256$76,756
Judith G Brandlin$67,204————
Cindy M Pham-Le—$65,520$65,520$65,520$65,741

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

Offers safe, affordable before and after school care for children aged 5-13.

Provided by the organization

This section is blank until Stone Soup Child Care Programs claims this page.

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3 program services account for $547K of program spending, described in the organization's own filed words · FY2022.
01

Program Operation includes staff salaries, benefits, payroll taxes, occupancy, insurance, supplies, postage, and telephones.

$299Kprogram expense
02

Tuition Assistance

The mission of providing "affordable" quality programs requires that Stone Soup assist some families with the low monthly tuition of $380 per child per month or $670 per family per month for after school care. Based on family need and income, families may be subsidized from 25% to 100% of the tuition.

$174Kprogram expense
03

Staff Training

In order to provide quality care, staff training is necessary for CPR and First Aid Certification, classroom management, child abuse prevention and detection, inclusion of children of special needs, emergency procedures, and many other components of quality care.

$74Kprogram expense

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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 · FY2023
Total grants receivedfrom 3 funders$41K
See all 3 funders →
Grants paid · 1 grant · $74K · 2023–2023

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$373K
Ln 12
Gifts and grantsLn 1h$203K
Fees for servicesLn 2g$182K
Investment incomeLn 3−$12K
Money outPt IX
$602K
Ln 25
Programscol B$547K
Managementcol C$50K
Fundraisingcol D$6K
Owns and owesPt X
$304K
net assets · Ln 32
Cash and savingsLn 1–2$13K
Total assetsLn 16$506K
LiabilitiesLn 26$203K
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$203K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$182K
Investment incomeLn 3−$12K
Gains on assetsLn 7$0
Total revenueLn 12$373K
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$1K
Cash and savings togetherLn 1–2$13K
InvestmentsLn 11–13$459K
Land, buildings, equipmentLn 10c$238
Total assetsLn 16$506K
LiabilitiesLn 26$203K
Net assetsLn 32$304K
OperationsPt I, VI
EmployeesI 510
VolunteersI 625
Fiscal year endsHeaderNovember
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 FY23End FY23
Cash and savingsLn 1–2$10K$13K
InvestmentsLn 11–13$794K$459K
Land, buildings, equipmentLn 10c$476$238
Total assetsLn 16$839K$506K
LiabilitiesLn 26$306K$203K
Net assetsLn 32$533K$304K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$217K$198K$16K$4K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$43K$39K$3K$745
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$38K$32K$5K$580
Payroll taxesLn 10$29K$25K$3K$578
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$18K$0$18K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$0$0$0$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$47K$47K$344$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$4K$0$4K$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$238$238$0$0
InsuranceLn 23$8K$7K$364$76
All other expensesLn 24e$199K$198K$832$30
Total functional expensesLn 25$602K$547K$50K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $139K$442K−$304K$0 990 PDF
FY2023 Viewing $373K$602K−$230K$304K 990 PDF
FY2022 $459K$678K−$218K$533K 990 PDF
FY2021 $468K$496K−$28K$752K 990 PDF
FY2020 $379K$597K−$218K$780K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $372,787 across 15 lines filed
Lines not itemized here account for $500 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$202,975
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$202,975
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $181,363 · Unrelated business $0 · Excluded from tax $0$181,363
VIII-3 Investment incomeRelated to mission −$12,051 · Unrelated business $0 · Excluded from tax $0−$12,051
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $169,812 · Unrelated business $0 · Excluded from tax $0$372,787
Part IX · Statement of functional expenses $602,369 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $197,684 · Management $15,600 · Fundraising $3,667$216,951
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $39,496 · Management $3,118 · Fundraising $745$43,359
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $32,461 · Management $4,506 · Fundraising $580$37,547
IX-10 Payroll taxesPrograms $24,846 · Management $3,468 · Fundraising $578$28,892
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $18,000 · Fundraising $0$18,000
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $47,057 · Management $344 · Fundraising $0$47,401
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $3,911 · Fundraising $0$3,911
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $238 · Management $0 · Fundraising $0$238
IX-23 InsurancePrograms $7,127 · Management $364 · Fundraising $76$7,567
IX-24e All other expensesPrograms $197,641 · Management $832 · Fundraising $30$198,503
IX-25 Total functional expensesPrograms $546,550 · Management $50,143 · Fundraising $5,676$602,369
Part X · Balance sheet $506,441 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $5,522$12,181
X-2 Savings and temporary cash investmentsStart of year $4,310$1,071
X-3 Pledges and grants receivableStart of year $20,000$0
X-4 Accounts receivableStart of year $0$19,195
X-8 Inventories for sale or useStart of year $3,648$3,648
X-9 Prepaid expenses and deferred chargesStart of year $11,164$11,271
X-10c Land, buildings and equipment, netStart of year $476$238
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $793,895$458,837
X-16 Total assetsStart of year $839,015$506,441
X-17 Accounts payable and accrued expensesStart of year $155,768$56,557
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $149,900$146,119
X-26 Total liabilitiesStart of year $305,668$202,676
X-27 Net assets without donor restrictionsStart of year $459,508$303,765
X-28 Net assets with donor restrictionsStart of year $73,839$0
X-32 Total net assets or fund balancesStart of year $533,347$303,765
X-33 Total liabilities and net assetsStart of year $839,015$506,441
Part XI · Reconciliation of net assets $303,765 net assets at year end
XI-1 Total revenue$372,787
XI-2 Total expenses$602,369
XI-3 Revenue less expenses−$229,582
XI-4 Net assets at start of year$533,347
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$303,765

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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