Page 19 - Microsoft Word - 0802 - Footnotes - CCRC.doc

NOTE 8 – GRANT REVENUE
CHILD CARE RESOURCE CENTER, INC. (A NONPROFIT CORPORATION)
NOTES TO FINANCIAL STATEMENTS June 30, 2014
Grant revenue for CCRC for the years ended June 30, 2014 and 2013 was received from the following sources:
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
Los Angeles County – Office of Education
Los Angeles County Children and Families First
Proposition 10 Commission (First 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
Total grant support NOTE 9 – RETIREMENT PLANS
2014
54,872,885 30,528,419 16,249,077
2,350,330 1,615,016 635,166 155,690
14,740,836 2,658,491
600,698
318,978
1,274,264 490,919 357,031
$ 126,847,800
2013
46,487,514 17,109,751 9,777,702 2,290,469 893,405 639,776 206,260
6,771,877 5,740,632
400,256 150,633
191,342 475,162 368,857
91,503,636
$
$
$
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, 2014 and 2013, CCRC made discretionary employer contributions to these plans totaling $310,638 and $57,557, respectively, and is recorded within “employee benefits” in the accompanying statements of functional expenses.
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