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CHILD CARE RESOURCE CENTER, INC. NOTES TO FINANCIAL STATEMENTS
Note 10 – Grant Revenue
Grant revenue for CCRC for the years ended June 30, 2016 and 2015 was received from the following sources:
June 30,
California Department of Education CalWORKs Stage II
CalWORKs Stage III
Alternative Payments
Family Child Care Home Education Networks Resource & Referral
Child and Adult Care Food Program
Other grants
Department of Health and Human Services ‐ Administration for Children & Families
San Bernardino County ‐ Preschool Service Department Los Angeles County Children and Family First
Proposition 10 Commission (Frist 5 LA)
Los Angeles County ‐ Department of Public Health
Emergency Preparedness and Response Services Los Angeles County ‐ Department of Public Health,
Los Angeles ‐ Reduce Obesity in Child Care Setting Child Care Alliance of Los Angeles, Gateways
Other grants
Note 11 – Retirement Plans
$
2016
67,060,877 38,901,886 21,590,472
2,553,068 1,633,013 661,671 147,063
27,230,837 176,000
1,516,880 155,495
1,363,177 740,000 1,618,367
2015
$ 58,178,988 33,892,072 18,334,390 2,483,741 1,618,910 629,557 154,650
24,696,977 152,800
1,245,016 247,173
1,250,479 733,000 588,156
$ 144,205,909
$ 165,348,806
CCRC maintains two contributory retirement plans for its eligible employees. The plans are a defined contribution pension plan under Internal Revenue Code Section 403(b) that is available to all of its employees with at least ninety days of employment and a defined contribution plan under Section 457(b) that is available to eligible executive management employees. During the years ended June 30, 2016 and 2015, CCRC made discretionary employer contributions to these plans totaling $778,132 and $596,270, respectively, and is recorded within "employee benefits" in the accompanying statements of functional expenses.
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