2017-11-10T16:16:47-06:00 2017-06-30 201739459 GOODRICH BARON GOODYEAR 6700 E PAC COAST HWY 255 LONG BEACH CA 90803 990 2016-07-01 951643333 LONG BEACH DAY NURSERY LONG 5625910509 1548 CHESTNUT AVENUE LONG BEACH CA 908131623 WHITNEY LEATHERS EXEC DIRECTOR 5625910509 2017-11-10 1 GREGORY GOODYEAR P00134277 5625948791 47.180.88.216 2017-11-10 14:13:40 PS P 14F2514B460DE4B9CD2BCEB9B96D8A04EC1DE5BB A48A5C4F05CB10E27FF2BF4D23E3A8090329E075 2016 2017-02-10 21:41:12Z WHITNEY LEATHERS 1548 CHESTNUT AVENUE LONG BEACH CA 908131623 3493351 0 X LBDN.ORG X 1912 CA TO PROVIDE QUALITY EARLY CARE AND EDUCATION FOR YOUNG CHILDREN OF WORKING PARENTS 14 0 95 75 0 0 1525630 1671848 1172187 1288193 93089 148461 26777 17607 2817683 3126109 0 0 0 0 2168958 2119817 0 0 41764 765227 860865 2934185 2980682 -116502 145427 5758675 5940572 438882 378545 5319793 5562027 TO PROVIDE QUALITY EARLY CARE AND EDUCATION FOR YOUNG CHILDREN OF WORKING PARENTS 0 0 2626086 1288208 PROVIDE QUALITY EARLY CARE AND EDUCATION TO YOUNG CHILDREN OF WORKING PARENTS THROUGH THE OPERATION OF CHILD DAY CARE CENTERS 2626086 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 95 1 0 0 0 0 0 1 1 0 0 X 14 0 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 CA X X WHITNEY LEATHERS 5625910509 1548 CHESTNUT AVENUE LONG BEACH CA 908131623 THERESA M LANDERS TREASURER 1.00 X X 0 0 0 DEBBIE THORPE CHAIR 1.00 X X 0 0 0 MICHAEL SOUTAR RECORDING SECRETARY 1.00 X X 0 0 0 JOAN VAN HOOTEN DIRECTOR 1.00 X 0 0 0 MICHELE DOBSON CHAIR ELECT-PERSONNEL 1.00 X X 0 0 0 ROBYN GORDON-PETERSON SECOND VICE CHAIR-DEVELOPMENT 1.00 X X 0 0 0 NANCY HAYS DIRECTOR 1.00 X 0 0 0 GINA BALLARD DIRECTOR 1.00 X 0 0 0 SHARON BARKER DIRECTOR 1.00 X 0 0 0 NANCY KNEUER DIRECTOR 1.00 X 0 0 0 PAT ELLINGTON DIRECTOR 1.00 X 0 0 0 JOEN GARNICA FIRST VICE CHAIR-GOVERNANCE 1.00 X X 0 0 0 MINOO MAASOUMI DIRECTOR 1.00 X 0 0 0 BARRY COGERT DIRECTOR 1.00 X 0 0 0 WHITNEY LEATHERS EXECUTIVE DIRECTOR 40.00 X 113356 0 0 113356 0 0 1 0 0 0 CHILDCARE CAREERS 2000 SIERRA POINT PARKWAY STE 702 BRISBANE CA 94005 TEMPORARY STAFFING 100909 1 462 1104200 567186 1671848 CHILD CARE FEES 900099 1116330 1116330 LAUP 900099 158864 158864 FIRST FIVE 900099 12999 12999 1288193 56854 56854 447284 355677 91607 91607 91607 29157 11565 17592 17592 MISCELLANEOUS REVENUE 900099 15 15 15 3126109 1288208 0 166053 1859153 1615116 220826 23211 117627 106574 12069 -1016 143037 125521 16165 1351 75754 60545 9588 5621 511 61 450 85490 69159 11592 4739 249488 241114 6707 1667 22645 21034 1572 39 113999 113999 107045 104725 1905 415 FOOD PURCHASES 111904 111904 BUSINESS EXPENSES 45193 37055 8118 20 BROKERAGE FEES 19033 19033 COMMUNITY RELATIONS 13774 8403 3919 1452 16029 10876 1338 3815 2980682 2626086 312832 41764 X 2000 4000 612570 798437 342954 127436 20343 36356 4939235 2628481 2074244 2310754 2623284 2570012 83280 93577 5758675 5940572 349356 209541 89526 169004 438882 378545 X 4036753 4287962 94607 36228 1188433 1237837 5319793 5562027 5758675 5940572 145427 96807 0 X X 0 1 X 1 0 X 1711743 1618166 1488845 1525630 1671958 8016342 1335079 1348636 1195359 1172187 1288193 6339454 3046822 2966802 2684204 2697817 2960151 14355796 0 0 0 14355796 52445 51184 50345 52382 56854 263210 52445 51184 50345 52382 56854 263210 2075 3016 1180 376 15 6662 3101342 3021002 2735729 2750575 3017020 14625668 0.98150 0.98240 0.01800 0.01700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2623284 7250 120430 161919 19033 2570012 2714231 95243 167140 19050 2623284 2838076 185174 288152 20867 2714231 2419505 571936 134759 18606 2838076 2298386 270305 131194 17992 2419505 0 0 20000 20000 3281563 1528621 1752942 1032421 502493 529928 605251 597367 7884 2310754 FIXED INCOME SECURITIES 366006 F EQUITY SECURITIES 1009677 F EXCHANGE-TRADED PRODUCTS 221907 F LBCF ADMINISTERED INVESTMENT FUNDS 972422 F 2570012 0 DEFERRED REVENUE 75427 DEFERRED COMPENSATION PLAN LIABILITY 93577 169004 3222916 96807 96807 3126109 0 3126109 2980682 0 2980682 0 2980682 PART V, LINE 4: BOARD DESIGNATED ENDOWMENT IS USED TO SUPPORT THE ORGANIZATION'S GENERAL OPERATING NEEDS. PERMANENT ENDOWMENT HAS DONOR-IMPOSED STIPULATIONS. GENERALLY, THE DONORS OF THESE ASSETS PERMIT THE ORGANIZATION TO USE ALL OR PART OF THE INCOME EARNED ON RELATED INVESTMENTS FOR GENERAL OR SPECIFIC PURPOSES. GOLF TOURNAMENT 8897 8897 2385 DERBY LUNCHEON 20260 20260 9180 29157 29157 11565 11565 17592 1 STEPPING STONES SCHOLARSHIPS PROVIDE TUITION FUNDING TO FAMILIES THAT DO NOT QUALIFY FOR STATE SUBSIDIES BUT CANNOT AFFORD CARE. 2 7801 DIFF BET THE PARENT CO-PAY,IF ANY, & THE COST OF PROVIDING HIGH QUALITY CARE TUITION BASED ON THE COST TO PROVIDE HIGH QUALITY CARE STEPPING STONES SCHOLARSHIPS PROVIDE FUNDING THAT ALLOWS LBDN TO CONTINUE TO ACCEPT SUBSIDIZEDINFANTS AND TODDLERS; STEPPING STONES COVERS THE DISPARITY IN THE COST TO PROVIDE CARE VERSUSTHE INSUFFICIENT REIMBURSEMENT RATES FOR LOW INCOME STATE SUBSIDIZED INFANTS AND TODDLERS 35 83659 DIFF BET THE COST TO PROVIDING HIGH QUALITY CARE AND THE STATE REIMB RATES TUITION SHORTFALL BETWEEN STATE REIMBURSEMENT AND ACTUAL COST TO PROVIDE CARE PART I, LINE 2: THE ORGANIZATION AWARDS SCHOLARSHIPS TO CHILDREN WHOSE PARENTS EARN FROM 75% TO 100% OF THE STATE'S MEDIAN INCOME AND THUS DO NOT QUALIFY FOR STATE ASSISTANCE. THE SCHOLARSHIPS ARE MONITORED THROUGH THE ORGANIZATION'S STEPPING STONES PROGRAM. X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANT. A DRAFT OF THE 990 IS SUBMITTED TO THE AUDIT COMMITTEE AND FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE MAKES A MOTION TO APPROVE THE 990 AT ITS NOVEMBER COMMITTEE MEETING. THE BOARD OF DIRECTORS HAS UP TO 30 DAYS TO REVIEW AND APPROVE THE 990. FORMAL BOARD APPROVAL OCCURS AT THE BOARD OF DIRECTORS NOVEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. THE ORGANIZATION RELIES ON ITS OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO DISCLOSE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL REVIEW FOR THE EXECUTIVE DIRECTOR IS CONDUCTED BY THE BOARD OF DIRECTORS. COMPENSATION CHANGES SUCH AS SALARY INCREASES AND BONUSES FOR THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES ARE REVIEWED BY THE PERSONNEL AND FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION REQUIRES THAT A REQUEST BE IN WRITING. ONCE THE WRITTEN REQUEST IS RECEIVED BY THE ORGANIZATION, THE INFORMATION REQUESTED WILL BE AVAILABLE FOR INSPECTION WITHIN 24 HOURS. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC THERESA M. LANDERS - 2750 FANWOOD AVENUE, LONG BEACH, CA 90815. DEBBIE THORPE - 1650 XIMENO AVE., #120, LONG BEACH, CA 90804. MICHAEL SOUTAR - 252 CALLE DE MADRID, REDONDO BEACH, CA 90277. JOAN VAN HOOTEN - 5120 VISTA HERMOSA ST., LONG BEACH, CA 90815. MICHELE DOBSON - 4117 EAST 4TH ST., LONG BEACH, CA 90814. ROBYN GORDON-PETERSON - 2441 CHATWIN AVENUE, LONG BEACH, CA 90815. NANCY HAYS - 700 E. CARTAGENA ST., LONG BEACH, CA 90807. GINA BALLARD - 4032 VIA NIVEL, PALOS VERDES ESTATES, CA 90274. SHARON BARKER - 7875 E. BERNER, LONG BEACH, CA 90808. NANCY KNEUER - 6271 MAJORICA CIRCLE, LONG BEACH, CA 90803. PAT ELLINGTON - 38 SAINT JOSEPH AVENUE, LONG BEACH, CA 90803. JOEN GARNICA - 218 THE PROMENADE NORTH, LONG BEACH, CA 90802. MINOO MAASOUMI - 6328 MARINA PACIFICA DRIVE, LONG BEACH, CA 90803. BARRY COGERT - 5534 E. KEYNOTE STREET, LONG BEACH, CA 90808. FORM 990, PART XII, LINE C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.