2012-2013 - Young Horizons

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Annual Report FY 2012-2013
To Our Friend(s):
Young Horizons Child Development Centers
501 Atlantic Avenue
Long Beach, CA 90802
www.YHCC-LB.com
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ANNUAL REPORT
TABLE OF CONTENTS
Contributors and Supporters
We are Grateful for our Contributors and Supporters
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Review and Forecast
4
We Make Children’s Future Brighter
5
Families and Staff
6
Our Curriculum
8
Testimonial
8
Locations
9
Building Solid Foundations
10
Audited Financial Statement
11
Contributors and Supporters
AAA Backflow
Above All Catering
All American Crane
Anthony J Ursano
Brian Borst
Caldwell Insurance
Capri Realty
Captain Jack Restaurant
Caught In The Moment Photography
Citibank
Ed Ludloff
Erin Sullivan (formerly Allen)
Farmers & Merchants Bank
Foasberg Dry Cleaners
Frank Picarelli
Gold Coast Insurance
J&L Jewelers
Jack Humphrey
Jean and William Crampton
Joe Jost's
Josephine S. Gumbiner Foundation
Keesal, Young and Logan
Kids Connection
LB Youth Advocates
Machine Tool Factory
Mario and Julia Picarelli
Maureen Oak/Rhyme University
Michael Mais
National Charity League
Peter and Joanne Ursano
Port of Long Beach
Reginald Harrison
Ron and Loretta Whittaker
Sally Coker
Suzette Ludloff
The Green Foundation
The Tarsadia Foundation
Timmons Group
Todd Buchner
Walmart
Western Growers
Windes & McClaughry
WKS Restaurant
*Partial List
BOARD OF DIRECTORS
Founder: Dr. Gerhard Kohn
William Todd Bradford
Jessica Frier
Ron Kulek—Chair
Mario Picarelli
Ron Whittaker
David Campbell
David Haisley
Ed Ludloff
Gary Rodgers
Sally Coker
Jack Humphrey
Jared Ludloff
Douglas Tice
“Success Starts Here”
YOUNG HORIZONS
Child Development Centers
FY 2012-2013
Administration Office
501 Atlantic Avenue
Long Beach, CA 90802
Phone: (562) 437-8991
Fax: (562) 436-8847
www.YHCC-LB.com
Like us on FaceBook/Young Horizons
Printed with funds from the Department of Education, Child Development Division.
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Audited Financial Statement
Review and Forecast
Statement of Financial Position
Message from the Board Chair and Executive Director
ASSETS
ASSETS
Cash equivalents
Investments
Grants receivable
Deposits and prepaids
Property and equipment, net
$
TOTAL ASSETS
$
145,221
2,722
114,021
27,893
1,164,350
1,454,207
LIABILITIES AND NET ASSETS
LIABILITIES
Accounts payable and accrued liabilities
Refundable state grants
Deferred revenue
Short term loans payable
State reserve liability
Notes payable
$177,481
67
25,000
150,000
78,783
617,005
Total Expenses
1,048,306
UNRESTRICTED NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
$
405,901
1,454,207
Statement of Activities and Changes in Net Assets
REVENUE
Federal and State Contracts
Transfer from CA Dept. of Education Reserve
Parent Fees
Grants and Contributions
Special Events
Interest
Unrealized (loss) on investments
$
Total Revenue
3,322,521
99,789
178,443
63,675
12,137
196
(50)
Dear Friends and Supporters,
oung Horizons has the privilege of providing quality child care
to low-income families on a daily basis. Our programs offer a
friendly, caring environment for children to grow and thrive. We
know we are making a difference in our community, one child at a
time.
The recession and its effects on the State budget impacted us
greatly. But we know our mission is vital to the community we
serve. Our challenge was to bring our childcare services into
alignment with these reduced funds and yet maintain the high
quality of early care and education for which we are known.
Through adjustments in programs and curriculum , we are able to
reduce costs and report that our 2012-2013 financial position will
be in balance.
We are grateful for our continued supporters who believe in and
support the important work we do. Together we are making a
difference and look forward to a successful 2013-14
3,676,711
EXPENSES
Programs
Support Services
3,215,298
416,029
Total Expenses
3,631,327
CHANGE IN NET ASSETS
45,384
360,517
BEGINNING UNRESTRICTED NET ASSETS
ENDING UNRESTRICTED NEW ASSETS
10
$
405,901
Ron Kulek
Board Chair
Sarah M. Soriano
Executive Director
Mission Statement
The mission of Young Horizons Child Development Centers
is to provide quality childcare and preschool programs
in a caring, loving and learning environment.
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We Make Children’s Future Brighter
Building Solid Foundations
Overview of Young Horizons and our Programs
Our Services Create a Solid Foundation for a Bright Future
Founded in 1969, Young Horizons is a 501(c)(3) non-profit agency
licensed and funded by the State of California. We provide full day
early care and education and half day preschool programs to children
of low-income families in a caring, loving and learning environment.
Program for Low-income Families
Full-day care is available to parents who
are employed, looking for work or attending school. The half-day preschool
program focuses on preparing children
for kindergarten. Parents must meet
income requirements. Our goal is to
assist parents in ending the cycle of
poverty and give children a solid foundation upon which to build a bright future.
Age Appropriate Programs
Our programs are designed to enhance
the latest teaching methods and environment to stimulate and challenge the
children. These high-quality programs
develop the entire child. Our curriculum
concentrates on the growth and nurturing of their social, cognitive, creative,
emotional and physical attributes.
Ages Served
We serve children ages 6 months to 5
years of age. Many of our children are
enrolled for the entire early care and
education program we offer. It is gratifying to have this parental trust. Parents
know their child is in a safe, caring, loving and learning environment. We
graduated 247 children ready for Kindergarten this fiscal year.
Qualified Teachers
We make it a priority to have competent, certified staff whose life passion is
working with children. They implement
our programs in a relaxed, nurturing
environment that offers aspects of both
home and school. Our teachers attend
continuing education classes to be advised on the latest information and
techniques.
Healthy Meals and Snacks
Young Horizons provides 1028 delicious
meals and snacks daily. Our Food Program meets the federal nutrition guidelines for healthy living and is funded
through the California Child and Adult
Care Food Program. Children’s early
eating experiences affect future eating
habits.
Parent Involvement
To enhance communication between
parent and teacher, we have scheduled
parent/teacher conferences as well as a
parent advisory board called the Organization of Parents and Teachers (OPT).
These both help strengthen the parent/
teacher connection through mutual
support and involvement.
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Our greatest reward is knowing that the programs and services at
Young Horizons have prepared our children to begin on the path of
growing and learning, to become productive and successful adults and
be a positive force in the future.
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How Young Horizons Helped Me
Young Horizons Changed My Life
When I found out that my wife was sick, I did
not know what to do with my young son, Justin. I
thought I would have to quit my job and get on
welfare in order to take care of my son. I needed
child care, so I turned to Young Horizons for help.
They were able to enroll Justin in child care so I
could continue working and not lose my job.
I want to say, “Thank you” to all the eligibility
staff at Young Horizons for making it happen and to the teaching staff
for taking such good care of my son. I am so grateful!
John Moon
We serve more than 530 children in Long Beach
Center Locations
Kohn Center (Main Office)
501 Atlantic Avenue, 90802
562 437-8991
License: 198000638/0639
Central Pacific Center
1840 Pacific Avenue, 90806
562 599-3136
License: 198006417
Grisham Center
11A W 49th Street, 90805
562 984-3801
License: 198011010/1011
North Pacific Center
2418 Pacific Avenue, 90806
562 424-6933
License: 191609482
Ludloff Center
2650 Pacific Avenue, 90806
562 988-5799
License: 198013045
South Pacific Center
507 Pacific Avenue, 90802
562 437-8367
License:191671328
You are welcome to visit any of our six centers and experience for
yourself the caring, loving and learning environment we provide.
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Families and Staff
Children and Family Profile
We provide service to more than 530 children daily.
All 6 centers have bilingual staff to meet the needs of the families.
Age
6 to 17 months (Infants) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7%
18 to 30 months (Toddlers) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15%
2.5 to 5 years (Preschool) .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78%
Ethnicity
Latino . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78%
African-American . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14%
Asian/Pacific Islander . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1%
White . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2%
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5%
Household
Single Parent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65%
Two Parent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33%
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2%
Reason for Need
Working . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84%
School . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9%
Job Search . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7%
Young Horizons celebrates our staff
At our annual staff development training day in August 2012, 19 staff were
recognized for their years of service
with Young Horizons. 13 staff received 5
year awards, 1 received her 10 year
award, 4 received 15 year awards and 1
staff member received her award for 20
years of service. Our diverse, multilingual staff is the backbone of Young
Horizons and the vital link between the
administration who creates the programs and curriculum and the children
who benefit from them. We are grateful
for our dedicated staff and the loving
and caring attention they give our children. Their long-term tenure is a reflection of our success in creating a quality
child care agency and working environment.
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Our Curriculum
Recognizes that Children Develop and Grow Individually in each of these Areas:
Social: (family, friends, relationships) Children grow up as members of
families, cultures, and societies. Problem solving skills and opportunities to practice social skills are integrated throughout the day. We use
an anti-bias approach that empowers children to respect themselves
and others.
Physical: (for healthy development children need healthy bodies)
Nutrition, exercise, rest, and attention to health and safety are
all incorporated into our curriculum.
Cognitive: (thinking, problem solving, laying the groundwork
for later academic success) Young children process the world
differently than adults. Exposure to language and the printed
word, mathematical problem solving, development of the
skills that precede the more concrete learning of elementary
school are carefully planned.
Creative: (art, music, movement, building, storytelling) young children
express themselves in many ways. We provide opportunities and materials with which to create. Our focus is on the process and joy of
creation rather than the product.
Emotional: (feelings, expression, acknowledging self) At the heart of
the curriculum is the child’s unique personality and sense of self.
Children need to feel respected, competent, valued and worthwhile.
They look to the adults in their world to mirror this for them. We
work together with the parent to make every child know they are
important.
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