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Child Care Resource Center, Inc. Notes to Financial Statements
Note 1 – Nature of Operations (continued)
 Research and Program Evaluation – CCRC’s Research and Program Evaluation staff ensure optimal services for families and children by providing internal and external stakeholders with useful tools and information that can be used for program evaluation, forecasting and strategic planning, contract compliance, and advocacy.
Workforce Development
 Apprenticeships – Apprenticeships are designed to be a pathway to a dynamic career in a high- demand field such as child care resulting in a well-trained and productive workforce. CCRC works with parents and child care providers to support a living wage, on the job training, technical instruction, or other education, increase employee retention and advancement, and to fill challenging vacancies in the field of early care and education.
 California Child Care Initiative Project (CCIP) – The CCIP program is designed to increase the availability of licensed, quality child care. CCRC’s trained child development specialists provide technical assistance and training to help child care providers meet California state licensing requirements and grow their businesses.
 Community Learning – CCRC offers a wide variety of training for parents and child care providers to support healthy child and family development, emergency preparedness, response, and disaster recovery, health and safety, and more.
 Quality Start San Bernardino (QSSB) and Los Angeles (QSLA) – CCRC provides training and coaching for center-based and licensed family child care home providers who wish to improve the quality of their care. They learn methods to improve the classroom environment, teacher-child interaction, complete college classes to obtain a teacher assistant or teaching certificate, their associate or bachelor’s degree, family engagement, and screening of children with special needs.
Note 2 – Summary of Significant Accounting Policies
Basis of presentation – The financial statements of CCRC have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) and accordingly reflect all significant receivables, payables, and other liabilities. The significant accounting policies followed by CCRC are described below to enhance the usefulness of the financial statements to the reader.
Cash, cash equivalents, and cash held in reserve – For the purpose of the statement of cash flows, CCRC considers all temporary, short-term, highly liquid investments purchased with original maturities of three months or less to be cash, cash equivalents, and cash held in reserve.
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