CHILD CARE RESOURCES OF MONMOUTH COUNTY INC (EIN 223276972) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

DOUG GOUDSWARD

Phone

7329189901

Tax Period

2023-10-01 to 2024-09-30

CHILD CARE RESOURCES OF MONMOUTH COUNTY INC, founded in 1994, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023.

Mission

PROMOTE AFFORDABLE AND DEVELOPMENTALLY SOUND CHILD CARE SERVICES IN MONMOUTH COUNTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,917,357

Program Service Revenue $17,618

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,934,975

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,209,946

Fundraising Expenses $0

Program Expenses $2,516,892

Other Expenses $713,715

TOTAL EXPENSES $2,923,661

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,934,975	$2,786,319	+0.1%
Expenses	$2,923,661	$2,806,349	+0.0%
Net Income	$11,314	$-20,030	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$234,705

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM PERRELLI	Executive Dir.	35.00	Officer	$111,665	$13,319	$124,984
DOUGLAS GOUDSWARD	CFO	35.00	Officer	$83,882	$25,839	$109,721
KURT SOFKO	Trustee	1.00	Director	$0	$0	$0
JIM MCCANDLESS	Treasurer	2.00	Officer Director	$0	$0	$0
Tennant Magee	President	1.00	Officer Director	$0	$0	$0
MICHELLE SUSKIND	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MAUREEN ALEXANDER	Secretary	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,934,975	$2,923,661	$990,731	$11,314
2023	$2,786,319	$2,806,349	$1,138,305	$-20,030
2022	$2,522,114	$2,456,783	$641,067	$65,331
2021	$2,870,159	$2,865,535	$600,898	$4,624
2020	$2,529,483	$2,530,949	$531,606	$-1,466
2019	$2,223,912	$2,243,166	$434,367	$-19,254
2018	$2,226,724	$2,237,255	$453,326	$-10,531
2017	$2,220,418	$2,181,788	$473,443	$38,630

CHILD CARE RESOURCES OF MONMOUTH COUNTY INC