SJB Child Development Centers

EIN: 941747079 501(c)(3)

San Jose, CA

Total Revenue
$28,548,209
Total Expenses
$27,371,940
Total Assets
$17,087,142
Net Assets
$10,660,991
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
CA
Phone
4084142700
Tax Period
2024-07-01 to 2025-06-30

SJB Child Development Centers, founded in 1971, is a mid-sized nonprofit that reported $28.5M in total revenue in fiscal year 2024. Expenses of $27.4M left a modest 4% surplus.

Mission

To provide high quality educational childcare for children 0 to 12 years of age and to strengthen and support families throughout Santa Clara 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,150,872
Program Service Revenue $306,642
Investment Income $90,695
Other Revenue $0
TOTAL REVENUE $28,548,209

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,796,809
Fundraising Expenses $0
Program Expenses $24,474,935
Other Expenses $4,575,131
TOTAL EXPENSES $27,371,940

Year-over-Year Comparison

2024 2023 Change
Revenue $28,548,209 $27,444,600 +0.0%
Expenses $27,371,940 $23,472,415 +0.2%
Net Income $1,176,269 $3,972,185 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
340
Volunteers
11

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
6
$407,431
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelly Mercurio CEO 40.00
Officer
$221,963 $0 $221,963
Wai-Yee Pham CFO 40.00
Officer
$185,468 $0 $185,468
Melissa Leza Program Director 40.00
$156,495 $0 $156,495
Lynda Ledo Family Services Di 40.00
$139,180 $0 $139,180
Mandy Sollis HR Director 40.00
$134,657 $0 $134,657
Picha Wilson Education Health & 40.00
$134,575 $0 $134,575
Victor Hassan Chairman 1.00
Officer Director
$0 $0 $0
Gregg Nurnberg Vice Chair 1.00
Officer Director
$0 $0 $0
Mattilon Smith Vanderhorst Director 1.00
Director
$0 $0 $0
Kevin Meza Treasurer 1.00
Officer Director
$0 $0 $0
Bud LoMonaco Director 1.00
Director
$0 $0 $0
Marian F Dixon Secretary 1.00
Officer Director
$0 $0 $0
Sheryll Ebbs Director 1.00
Director
$0 $0 $0
Ana Trujillo Director 1.00
Director
$0 $0 $0
Pebbie Verdecanna Director 1.00
Director
$0 $0 $0
Vince Tran Director 1.00
Director
$0 $0 $0
Diane Swing Director 1.00
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
2025 $28,548,209 $27,371,940 $17,087,142 $1,176,269
2024 $27,444,600 $23,472,415 $14,335,347 $3,972,185
2023 $21,929,122 $19,227,728 $9,522,096 $2,701,394
2022 $16,724,123 $16,332,837 $5,435,445 $391,286
2021 $14,284,450 $14,118,321 $5,504,947 $166,129
2020 $12,133,188 $11,912,967 $4,935,930 $220,221
2019 $9,464,014 $9,225,954 $4,066,179 $238,060
2018 $7,769,205 $7,475,718 $2,027,061 $293,487
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