COMPASSION CHILD CARE

EIN: 454077445 501(c)(3) Human Services

SIOUX FALLS, SD

Total Revenue
$2,172,230
Total Expenses
$2,194,051
Total Assets
$1,756,527
Net Assets
$1,745,130
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
SD
Principal Officer
RICH MERKOURIS
Phone
6052743380
Tax Period
2023-01-01 to 2023-12-31

COMPASSION CHILD CARE, founded in 2011, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

WE EXIST TO STRENGTHEN WORKING-POOR FAMILIES SO THEY CAN EXPERIENCE THE FULLNESS OF GOD'S LOVE THROUGH JESUS CHRIST. WITH YOUR HELP WE CAN MAKE A DIFFERENCE.

Program Service Accomplishments

Program 1
Expenses: $1,654,993 Revenue: $519,483

COMPASSION CHILD CARE WAS FOUNDED TO PROVIDE DAYCARE FOR FAMILIES IN NEED WHERE THEY CAN EXPERIENCE THE COMPASSION OF GOD AND HEAR THE GOOD NEWS OF JESUS CHRIST. THE ORGANIZATION USES EVERY ASPECT OF...

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COMPASSION CHILD CARE WAS FOUNDED TO PROVIDE DAYCARE FOR FAMILIES IN NEED WHERE THEY CAN EXPERIENCE THE COMPASSION OF GOD AND HEAR THE GOOD NEWS OF JESUS CHRIST. THE ORGANIZATION USES EVERY ASPECT OF THE DAYCARE PROGRAM (ART, MUSIC, LANGUAGE, ETC.) TO SHARE THE GOOD NEWS OF JESUS CHRIST. THE ORGANIZATION STRIVES TO TREAT ALL CHILDREN WITH THE DIGNITY, EQUALITY, AND RESPECT THEY DESERVE AS CHILDREN CREATED IN THE IMAGE OF GOD. LOW-INCOME FAMILIES OFTEN STRUGGLE WITH AFFORDABLE CARE AND TRADITIONAL DAYCARE HOURS OF OPERATION. THE ORGANIZATION OFFERS LOWER INCOME WORKING FAMILIES THE MEANS TO ACCESS CERTIFIED, COMPREHENSIVE CHILDCARE AT A PRICE THAT ENABLES THEM TO STABILIZE THEIR OVERALL FINANCIAL LIFE. CONTINUED ON SCHEDULE O.EACH FAMILY PAYS A WEEKLY TUITION AMOUNT THAT IS DETERMINED BY REVIEWING THEIR INCOME AND DEBT. EACH FAMILY MEETS WITH A STAFF MEMBER AND A BOARD MEMBER EACH YEAR TO REVIEW THEIR TUITION AND DETERMINE THE APPROPRIATE AMOUNT TO PAY. DAYCARE IS AVAILABLE MONDAY THROUGH FRIDAY FROM 6:30 A.M. TO 6:30 P.M. AGE-APPROPRIATE EDUCATIONAL PROGRAMS AND SET DEVELOPMENT GOALS ARE OFFERED FOR EACH CHILD. THESE GOALS ARE COMMUNICATED TO PARENTS REGULARLY. ADDITIONALLY, PARENTS WILL BE OFFERED LIFE DEVELOPMENT AND LEARNING OPPORTUNITIES. THE ORGANIZATION WILL PROMOTE AND COMMUNICATE OTHER COMMUNITY PROGRAMS THAT CAN HELP FAMILIES FLOURISH. THE ORGANIZATION SERVED 183 FAMILIES IN 2023. 94 PERCENT OF THE FAMILIES SERVED WERE AT OR BELOW 209 PERCENT OF THE FEDERAL POVERTY LEVEL. 73 PERCENT OF THE FAMILIES SERVED WERE BELOW 185 PERCENT OF THE FEDERAL POVERTY LEVEL.

Program 2
Expenses: $336,660 Revenue: $10,237

ONE OF COMPASSION CHILD CARE'S CORE VALUES IS BEING FAMILY FOCUSED. THAT CORE VALUE DRIVES A PROGRAM FOR SINGLE MOTHERS WHERE THE ORGANIZATION OPERATES A HOME. A TOTAL OF 8 MOTHERS AND 14 CHILDREN...

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ONE OF COMPASSION CHILD CARE'S CORE VALUES IS BEING FAMILY FOCUSED. THAT CORE VALUE DRIVES A PROGRAM FOR SINGLE MOTHERS WHERE THE ORGANIZATION OPERATES A HOME. A TOTAL OF 8 MOTHERS AND 14 CHILDREN WERE SERVED IN 2023. THE HOUSE MANAGERS BUILD RELATIONSHIPS WITH THE MOTHERS AND PROVIDE A STABLE INFLUENCE IN THEIR LIVES. EACH MOTHER PAYS $300 A MONTH TO LIVE IN THE HOME AND THEY GET A PORTION OF THAT BACK IF THEY LIVE IN THE HOME FOR ONE YEAR. THE CHILDREN OF THE MOTHERS MUST BE ENROLLED IN THE DAYCARE IN ORDER FOR MOMS TO QUALIFY FOR THIS PROGRAM.

Program 3
Expenses: $57,249 Revenue: $4,117

ONE OF COMPASSION CHILD CARE'S CORE VALUES IS FAMILY FOCUSED, AND THEREFORE ALL FAMILIES ARE REQUIRED TO ATTEND A THREE WEEK RESOURCE CLASS. EACH FAMILY ATTENDED THE THREE WEEK RESOURCE CLASSES AND...

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ONE OF COMPASSION CHILD CARE'S CORE VALUES IS FAMILY FOCUSED, AND THEREFORE ALL FAMILIES ARE REQUIRED TO ATTEND A THREE WEEK RESOURCE CLASS. EACH FAMILY ATTENDED THE THREE WEEK RESOURCE CLASSES AND CHOSE CLASSES THAT WERE APPROPRIATE FOR THEM SUCH AS PARENTING, BUDGETING, UNDERSTANDING PRESCHOOL CURRICULUM, HEALTH INSURANCE, OR CAR BUYING. EACH FAMILY COMPLETED OUT OF CLASS ASSIGNMENTS TO HELP THEM PUT INTO PRACTICE THE THINGS TAUGHT. THE CLASSES PROVIDED AN OPPORTUNITY FOR EACH FAMILY TO REVIEW THEIR CURRENT BUDGET, HEALTH INSURANCE COVERAGE, AND CAR NEEDS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,029,484
Program Service Revenue $533,837
Investment Income $0
Other Revenue $-391,091
TOTAL REVENUE $2,172,230

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,333,386
Fundraising Expenses $95,935
Program Expenses $2,048,902
Other Expenses $860,665
TOTAL EXPENSES $2,194,051

Year-over-Year Comparison

2023 2022 Change
Revenue $2,172,230 $2,628,634 -0.2%
Expenses $2,194,051 $2,099,714 +0.0%
Net Income $-21,821 $528,920 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
80
Volunteers
118

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH MERKOURIS CHAIRPERSON 10.00
Officer Director
$0 $0 $0
MICHAEL JOHNSON VICE CHAIR 0.50
Officer Director
$0 $0 $0
BARRY TERMAAT TREASURER 25.00
Officer Director
$0 $0 $0
JILL TERMAAT SECRETARY 1.00
Officer Director
$0 $0 $0
HOLLY JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
BILL TERMAAT DIRECTOR 0.50
Director
$0 $0 $0
JAYNE TERMAAT DIRECTOR 2.00
Director
$0 $0 $0
BEN DESCHEPPER DIRECTOR 0.50
Director
$0 $0 $0
TRACY KIRBY DIRECTOR 0.50
Director
$0 $0 $0
ROSS REITSMA DIRECTOR 1.00
Director
$0 $0 $0
CRYSTAL REITSMA DIRECTOR 2.00
Director
$0 $0 $0
DEIDRA RITTER DIRECTOR 5.00
Director
$0 $0 $0
CHRIS RITTER DIRECTOR 0.50
Director
$0 $0 $0
MANDY DESCHEPPER DIRECTOR 1.00
Director
$0 $0 $0
JON KIRBY DIRECTOR 0.50
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 No data No data No data No data
2023 $2,172,230 $2,194,051 $1,756,527 $-21,821
2022 $2,628,634 $2,099,714 $1,782,906 $528,920
2021 $2,280,932 $1,838,827 $1,249,862 $442,105
2020 $1,944,066 $1,509,338 $1,004,419 $434,728
2019 $1,256,663 $1,687,154 $920,959 $-430,491
2019 $1,256,663 $1,685,487 $429,293 $-428,824
2018 $1,814,666 $1,779,075 $1,310,749 $35,591
2018 $1,869,915 $1,771,238 $836,804 $98,677
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