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APPLICANT

Ready, Set, Grow Child Care Center

Total Qualifying Score: 8
County (ARC Region): Yes
State (ARC Region): Yes
Q3. IRS Status: Nonprofit – 2
Q4. Parent Entity: No – 1
Q5. 2 or More Full-Time Employees : Yes (as of 12/31/2019)
Q7. Budget Level: $250,001 to $1.5 million – 5 (Last Fiscal Year Actual Income)
Q8. Restricted Reserves: Yes – 0
Q9. CARES Act Funding: Yes – 0
Q13. Participation by Executive: Yes


CONTACT & LOCATION INFORMATION

Ready, Set, Grow Child Care Center
Corning, Steuben County, New York 14830
607-962-0599
Email
www

County (ARC Region) Steuben
State (ARC Region) New York


ORGANIZATIONAL & FINANCIAL INFORMATION

Q1. Mission:

Building a stronger tomorrow through nurturing today.

Q2. How organization aligns with ARC’s Plan & Goals:

Ready, Set, Grow Child Care Center aligns with goal number 2.  We increase the education, knowledge, skills, and health of residents to work and succeed in Appalachia. We do this in two ways.  First, we educate, nurture, and care for the next generation of youth; children ages 6 weeks to 5 years old.  We are accredited by the National Association for the Education of Young Children which means many of our standards exceed New York State Office of Children and Family Services regulations.  We care for the whole child including their health, education, physical, social, and emotional development. 

The second way we align with goal 2 is that we are a community of friends and families that form strong bonds. Our teachers partner with parents to nurture and guide each child’s development.  We educate parents on developmentally appropriate practice, important milestones, and services available within the community.  Knowing their children are safe and very well cared for, parents are able to work effectively and succeed in Appalachia.  They can effectively concentrate on their career goals and job performance knowing their children are happy and have high quality child care.  

 

Q3. IRS Filing Status: 501(c)(3)   

Q4. Unit or Chapter of Larger Organization: No

Q5. Employees:

Full-Time/Part-Time Employees: 16/21 (as of 9/1/2020)

Full-Time/Part-Time Employees: 15/26 (as of 12/31/2019)

Current Year Income/Expenses: $920,339/$1,054,374

Q6. Fiscal Year: Calendar

Q7. Budget Level

Last Fiscal Year Income/Expenses (Actual): $1,032,954 / $1,009,109

Current Year Income/Expenses (Projected): $920,339 / $1,054,374

Q8. Restricted Reserves (Amount): Yes ($204,675)

Q9. CARES Act Funding (Amount): Yes ($$145,000)
Received From: Chemung Canal Trust Company – SBA PPP Loan   Date Received: 4/20/20
For What Purpose(s): Operating costs. Unknown how much will have to be repaid

Q10. Negative Impacts from COVID-19:

COVID-19 has decreased our tuition drastically. During the lockdown months, many families decided to take their children out of child care and our tuition dropped. We are still struggling to increase tuition as the local uptick in cases is causing families to again decide to keep their children home.  While our tuition is lower, our staffing costs have increased. Due to COVID-19 restrictions, parents are no longer allowed into the program. We have had to hire extra staff to escort children to and from their parents at drop off and pick up.  Other increases in expenses include health and safety supplies such as bleach, rubbing alcohol, thermometers, and personal protective equipment.  

In addition to the items mentioned above, we also have not been able to fundraise. We normally have an event in the fall.  We were not able to solicit donations and sponsorships in the spring due to the lockdown.  COVID-19 restrictions still prohibit gatherings such as the fundraising event we had planned.  

Q11. Top Three Concerns:
Decreased enrollment
Increased staffing costs
The COVID-19 virus itself

How Participation in Program Will Address Concerns:

Our organization needs a fund development plan. We need to think outside the box and bring in philanthropical funds over and above tuition in order to survive.  This program will help leadership form goals and map out a fund development plan to assist us in getting through the pandemic and to thrive for years to come.  


COHORT INSTRUCTION

Q12. Applying as a Proposed Cohort? No

Q13. Executive Director or CEO Will Participate in the Program? Yes

Q14. Top Two Choices for Cohort Instruction:

Course #1 Choice: 1-Fundraising

Course #2 Choice: 2-Short-term Financial Management

Q15. Desired Course Schedule for Cohort Instruction:

#1 Desired Course Schedule: 1-Fall 2020: 11-Week Course (Nov. 9, 2020 -Jan. 24, 2021)

#2 Desired Course Schedule: 2-Winter 2021: 10-Week Course (Jan. 25. 2021 – Apr. 4, 2021)


APPLICATION SUBMITED BY:

Name: Colleen Coro Coro, Executive Director

Application Approved by Organization Director or CEO? Yes, Approved by Executive Director/CEO

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