2013-06-03T10:58:42-05:00 2012-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2012-01-01 222047663 JEFFERSON CHILD CARE AND EDUCATION CENTER INC JEFF 9736632704 PO BOX 527 29 NOLANS POINT ROAD LAKE HOPATCONG NJ 07849 CHRISTINE A MURRAY 9736632704 2013-05-17 1 THOMAS R DARTNELL CPA P00224464 9733281825 2013-05-17 2012 2016-03-07 17:11:31Z CHRISTINE A MURRAY 29 NOLANS POINT ROAD LAKE HOPATCONG NJ 07849 1242220 0 X WWW.JEFFERSONCHILDCARE.ORG X 1974 NJ CHILD CARE SERVICES 3 3 42 3 0 0 139979 156108 990937 1021650 946 -93 0 63479 1131862 1241144 0 0 0 0 818482 805306 0 0 0 267080 263077 1085562 1068383 46300 172761 1202431 1352907 228830 206545 973601 1146362 X THE JEFFERSON CHILD CARE AND EDUCATION CENTER IS A NOT-FOR-PROFIT STATE LICENSED ORGANIZATION COMMITTED TO PROVIDING AFFORDABLE, QUALITY AND DEVELOPMENTALLY APPROPRIATE CARE FOR CHILDREN FROM INFANCY TO SCHOOL-AGE. THE INDIVIDUAL NEEDS OF EACH CHILD IS RECOGNIZED AND ADDRESSED. 0 0 361876 561342 CHILD CARE (SACC) WAS PROVIDED TO APPROXIMATELY 159 CHILDREN FROM KINDERGARTEN THROUGH 5TH GRADE. THE PROGRAM PROVIDES EDUCATION, RECREATION, MEALS, ARTS, CRAFTS, AND SOCIAL SKILLS. 534386 459232 CHILD CARE WAS PROVIDED TO APPROXIMATELY 50 CHILDREN FROM THE AGES OF 6 WEEKS TO 6 YRS OLD, INCLUDING EDUCATION, RECREATION, MEALS, ARTS, CRAFTS, AND SOCIAL SKILLS. 896262 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 42 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X CHRISTINE A MURRAY 9736632704 29 NOLANS POINT ROAD LAKE HOPATCONG NJ 07849 CHRISTINE A MURRAY 40.00 X 67829 0 5240 BARBARA MCSHANE 2.00 X X 0 0 0 JOAN KEGERIZE 2.00 X X 0 0 0 PATRICIA CARROLL 2.00 X X 0 0 0 67829 0 5240 0 0 0 0 0 37115 117045 1948 156108 TUITION & FEES 624410 1021650 1021650 1021650 983 983 1076 -1076 -1076 -1076 OTHER INCOME 900099 63479 63479 63479 1241144 1020574 0 64462 73069 33915 39154 649025 547524 101501 20298 19617 681 62914 52574 10340 27001 23761 3240 451 397 54 34648 31573 3075 39700 35730 3970 18126 18126 10200 8976 1224 24152 21737 2415 31072 27343 3729 FOOD 36633 36633 REPAIRS AND MAINTENANCE 20291 17856 2435 BAD DEBT EXPENSE 18276 18276 DUES AND SUBSCRIPTIONS 1291 1136 155 1236 1088 148 1068383 896262 172121 0 275514 257843 277257 321780 31649 40402 14918 64610 1004136 335864 603093 668272 1202431 1352907 38267 35607 49771 50713 130203 120225 10589 0 228830 206545 X 940801 1113652 32800 32710 973601 1146362 1202431 1352907 172761 0 X X 0 1 X 1 0 X 218123 185150 131795 139979 156108 831155 60000 60000 60000 180000 218123 185150 191795 199979 216108 1011155 1011155 7869 4627 1442 946 983 15867 63479 63479 1090501 4876153 0.92720 0.97600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 835029 172954 662075 20130 20130 0 148977 142780 6197 668272 X 1301144 60000 60000 1241144 0 1241144 1128383 60000 60000 1068383 0 1068383 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CENTER IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501 (A) OF THE CODE. THE CENTER IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CENTER FOLLOWS THE PROVISIONS OF, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE CENTER DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEAR ENDED DECEMBER 31, 2012. HOWEVER, THE CENTER IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES. THE CENTER BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. MANAGEMENT BELIEVES ITS NONPROFIT STATUS WOULD BE UPHELD UPON EXAMINATION. AS REQUIRED BY LAW, THE CENTER FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN THREE YEARS FROM THE LATEST FILING DATE FOR FEDERAL AND FOUR YEARS FROM THE LATEST FILING DATE FOR NEW JERSEY. FORM 990, PART VI, SECTION B, LINE 11 JEFFERSON CHILD CARE CENTER, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED BEFORE THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C JEFFERSON CHILD CARE AND EDUCATION CENTER, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. IN ADDITION WHENEVER A LARGE PURCHASE OR OTHER TRANSACTION FOR SERVICES ARE PROVIDED THEY ARE REVIEWED FOR APPROVAL. THE TRUSTEES ARE REQUIRED TO MAKE FULL DISCLOSURE OF ANY INTEREST THEY, THEIR FAMILY, OR ORGANIZATION MAY HAVE. THE BOARD THEN DECIDES IF INVOLVEMENT WOULD CONSTITUTE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. THE QUALIFICATIONS AND EXPERIENCE OF THE INDIVIDUAL ARE ALSO TAKEN INTO ACCOUNT WHEN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 JEFFERSON CHILD CARE AND EDUCATION CENTER, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE CENTER'S OFFICE AT 20 NOLAN'S POINT ROAD, LAKE HOPATCONG, NJ 07849. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE CENTER'S OFFICE 20 NOLAN'S POINT ROAD, LAKE HOPATCONG, NJ 07849. AUDIT OVERSIGHT COMMITTEE FORM 990, PART XI, LINE 2C JEFFERSON CHILD CARE AND EDUCATION CENTER HAS ESTABLISHED A FINANCE COMMITTEE TO OVERSEE THE AUDIT PROCESS AND TO ENGAGE INDEPENDENT AUDITORS ON AN ANNUAL BASIS.