CHAFFEE COUNTY CHILDCARE

EIN: 833651956 501(c)(3) Human Services

Salida, CO

Total Revenue
$320,628
Total Expenses
$377,147
Total Assets
$95,104
Net Assets
$35,006
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CO
Principal Officer
Katherine Patti
Phone
8016317553
Tax Period
2024-01-01 to 2024-12-31

CHAFFEE COUNTY CHILDCARE, founded in 2019, is a small nonprofit in the Human Services sector that reported $321K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $377K exceeded revenue, resulting in a 18% operating deficit.

Mission

Our Mission At Ark Valley Preschool, we strive to create a nurturing and stimulating environment where young children can flourish. Our mission is to support the holistic development of each child by fostering independent thinking, creativity, and a lifelong love of learning. Through engaging activities and diverse experiences, we focus on social, emotional, cognitive, and physical growth while also honoring each childs unique identity and sense of belonging. Equity, inclusion, and respect for differences are woven into all we do, so children learn that who they are is valued. Our teachers are highly trained in early childhood education and dedicated to providing exceptional care for every child. More than caregivers, they are partners in nurturing wonder, joy, and curiosity through a Reggio-inspired approach. Our curriculum integrates the arts, imaginative play, multi-sensory teaching, and daily nature exploration. Children learn through play.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $48,033
Program Service Revenue $270,491
Investment Income $0
Other Revenue $2,104
TOTAL REVENUE $320,628

Expense Breakdown

Grants Paid $0
Salaries & Benefits $369,023
Fundraising Expenses $0
Program Expenses $361,189
Other Expenses $8,124
TOTAL EXPENSES $377,147

Year-over-Year Comparison

2024 2023 Change
Revenue $320,628 $186,838 +0.7%
Expenses $377,147 $175,007 +1.2%
Net Income $-56,519 $11,831 -5.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
7
Volunteers
N/A

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
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine Patti President of the Board 3.00
Officer
$0 $0 $0
Bill Moor Community Engagement Officer 1.00
Officer
$0 $0 $0
Ashley Sigmund Secretary 1.00
Officer
$0 $0 $0
Andrew Dulaney Vice Chair 1.00
Officer
$0 $0 $0
Carmel Russo Director 45.00
Key Emp
$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 $320,628 $377,147 $95,104 $-56,519
2022 $397,719 $271,805 $172,624 $125,914
2021 $164,348 $178,926 $77,864 $-14,578
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