Ann Arbor, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Child Care Network, founded in 1977, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.
To promote the success of children, families, and the community through quality child care education, advocacy, and family support.
Family Support Program - The Family Support Program provides short-term child care tuition scholarships to help eligible families access safe, high-quality early care and education. By reducing the...
Family Support Program - The Family Support Program provides short-term child care tuition scholarships to help eligible families access safe, high-quality early care and education. By reducing the financial burden of child care, the program helps families reduce stress, maintain employment or pursue education, and move toward greater financial stability. Scholarships are awarded in Branch, Genesee, Hillsdale, Jackson, Lenawee, Livingston, Monroe, and Washtenaw counties. During the fiscal year, FSP leverage public and private funds to present early learning scholarship to 266 children. The tuition was provided to 102 early learning businesses.
Great Start to Quality Southeast Resource Center (GSQ SE RC) - The GSQ SE RC supports early childhood educators of all types through on-site consultation and coaching, resources, and training...
Great Start to Quality Southeast Resource Center (GSQ SE RC) - The GSQ SE RC supports early childhood educators of all types through on-site consultation and coaching, resources, and training opportunities, with the goal of improving the quality of care provided to young children. During the fiscal year, RC staff directly supported 227 licensed programs with quality improvement goals and engagement in the Great Start to Quality Levels. These programs have a combined license capacity of 14,216, which represents the potential number of young children positively impacted by this work. At the end of FY25, 43% of the 298 licensed home programs and 56% of the 485 licensed centers were engaged in quality improvement work beyond the foundational Level of Quality, Maintaining Health & Safety. For License Exempt Providers (LEPs), RC staff facilitated a total of 14 License Exempt Provider Pre-Service Trainings (LEPPTs) that were offered statewide via Zoom, with a total of 264 LEP attendees.
Community Programs - Child Care Network operates a range of community-based programs that advance its mission to strengthen early childhood systems and support the child care workforce. During the...
Community Programs - Child Care Network operates a range of community-based programs that advance its mission to strengthen early childhood systems and support the child care workforce. During the fiscal year, 225 early educators attended the organization's annual Building on Behalf of Children (BBC) conference. Through the Registered Apprenticeship Program, staff supported 97 early educators pursuing the Child Care Development Specialist credential and an additional 15 pursuing the Child Development Associate credential. Child Care Network's Family Child Care Networks served 104 licensed home providers and license-exempt providers, while 66 employers participated in the MI Tri-Share child care cost-sharing program. The organization certified 299 educators through 38 First Aid and CPR classes and completed 61 Health and Safety visits in the Eastern Region. In addition, Child Care Network launched Regional Child Care Coalitions in Region 6 (98 members) and Region 9 (120 members) to support cross-sector collaboration and child care system planning.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,184,889 | $4,343,287 | -0.3% |
| Expenses | $3,164,818 | $4,157,340 | -0.2% |
| Net Income | $20,071 | $185,947 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Annette Sobocinski | Executive Director | 45.00 |
Officer
Director
|
$134,399 | $4,443 | $138,842 |
| Andrew Hashikawa | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Carrie Anderson | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Christine Snyder | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Chanda Gilbert | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Shon Hunt | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Chakara Wheeler | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Cindy Hutson | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michelle Davis | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Drew Fitzmorris | Tresurer | 2.50 |
Officer
Director
|
$0 | $0 | $0 |
| Caroline Sanders | Chair | 2.50 |
Officer
Director
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$0 | $0 | $0 |
| Kelly Goolsby | Board Member | 1.50 |
Director
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$0 | $0 | $0 |
| Chandrika Payton | Board Member | 1.50 |
Director
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$0 | $0 | $0 |
| Jamies O'Leary | Board Member | 1.50 |
Director
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$0 | $0 | $0 |
| Kojo Quartey | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Alice Walker | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Jenna Foley | Board Member | 1.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,184,889 | $3,164,818 | $1,081,951 | $20,071 |
| 2024 | $4,343,287 | $4,157,340 | $1,071,184 | $185,947 |
| 2023 | $3,452,550 | $3,427,412 | $1,457,858 | $25,138 |
| 2022 | $2,987,802 | $3,026,729 | $770,931 | $-38,927 |
| 2021 | $2,798,596 | $2,600,195 | $588,455 | $198,401 |
| 2020 | $2,111,176 | $2,308,460 | $730,918 | $-197,284 |
| 2019 | $2,449,876 | $2,448,380 | $629,509 | $1,496 |
| 2018 | $2,568,093 | $2,596,622 | $792,889 | $-28,529 |
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