Child Development Resources of Ventura County Inc

EIN: 953543275 501(c)(3) Education

Oxnard, CA

Total Revenue
$100,878,596
Total Expenses
$100,898,866
Total Assets
$39,037,539
Net Assets
$3,039,657
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
CA
Principal Officer
Jack Hinojosa
Phone
8054857878
Tax Period
2024-07-01 to 2025-06-30

Child Development Resources of Ventura County Inc, founded in 1974, is a major nonprofit in the Education sector that reported $100.9M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

To provide comprehensive educational opportunities for preschool children from low-income families; to provide alternatives in childcare for children of low-income families; and to foster and assist community interest in quality childcare and development.

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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 $100,326,542
Program Service Revenue $242,413
Investment Income $167,249
Other Revenue $142,392
TOTAL REVENUE $100,878,596

Expense Breakdown

Grants Paid $436,223
Salaries & Benefits $32,850,050
Fundraising Expenses $0
Program Expenses $94,201,777
Other Expenses $67,612,593
TOTAL EXPENSES $100,898,866

Year-over-Year Comparison

2024 2023 Change
Revenue $100,878,596 $87,642,539 +0.2%
Expenses $100,898,866 $87,363,296 +0.2%
Net Income $-20,270 $279,243 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
455
Volunteers
1451

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
$474,584
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jack Hinojosa CEO 33.82
Officer
$218,394 $42,006 $260,400
Suzanne Godinez Director of Early Child Care 39.67
$198,245 $25,595 $223,840
Joe Jimenez Curiel HR Director 35.41
$197,459 $23,897 $221,356
Alec Hairabedian CFO 35.65
Officer
$187,918 $26,266 $214,184
Stuart Orlinsky Program Operations Analysis Ofc 34.20
$192,988 $16,117 $209,105
Alexander Solis IT Systems Mgr 35.98
$152,367 $13,358 $165,725
Mario Ramirez EC&FS Manager 37.24
$137,939 $20,493 $158,432
Ricardo Diaz Child Care Svcs 32.17
$135,033 $20,125 $155,158
Lisette Warth Child Care Svcs 31.83
$133,453 $11,000 $144,453
Richard Duarte President 0.70
Officer Director
$0 $0 $0
Sean Morreale Vice President 0.60
Officer Director
$0 $0 $0
Annie White Secretary 0.60
Officer Director
$0 $0 $0
Billie Jo Rodriguez Treasurer 0.50
Officer Director
$0 $0 $0
Martha Mata Board Member 0.50
Director
$0 $0 $0
Amy Nardiello Board Member 0.50
Director
$0 $0 $0
Martha Johnson Board Member 0.50
Director
$0 $0 $0
Joe Espino Board Member 0.30
Director
$0 $0 $0
England Rey Board Member 0.40
Director
$0 $0 $0
Samantha Schurmer Board Member 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
2025 $100,878,596 $100,898,866 $39,037,539 $-20,270
2024 $87,642,539 $87,363,296 $36,659,088 $279,243
2023 $72,116,766 $72,440,322 $30,675,464 $-323,556
2022 $62,021,779 $62,050,509 $10,088,413 $-28,730
2021 $58,261,143 $58,500,058 $9,438,665 $-238,915
2020 $53,593,297 $52,951,921 $9,610,062 $641,376
2019 $45,823,369 $45,632,452 $7,044,649 $190,917
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