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Appaloosa County Day Care Center, Inc.

Appaloosa County Day Care Center, Inc. Denise Clark, Hannah Hawkins, Amy Hudelson , Laura Ziegler. Mission. Provide quality, affordable child care to the residents of the community and surrounding areas. History. Community conditions Board members Financial struggles

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Appaloosa County Day Care Center, Inc.

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  1. Appaloosa County Day Care Center, Inc. Denise Clark, Hannah Hawkins, Amy Hudelson, Laura Ziegler

  2. Mission • Provide quality, affordable child care to the residents of the community and surrounding areas

  3. History • Community conditions • Board members • Financial struggles • Need for higher quality facility

  4. Questions • Services or programs to be included in the cost and profitability analysis • Infant care • Toddler care • Pre-K care • Rent school district • Rent head start

  5. Question 2 a. Direct costs b. Organization-sustaining costs The fixed costs associated with the building as a whole Depreciation Interest expense Insurance on building/ property • Payroll

  6. Question 3 Broad activity categories and cost pools • Facility Costs: Sanitation, Utilities, Water/Sewer, Cleaning Supplies, Repairs & Maintenance • Program Costs: Programs/Art, Food Expense, Payroll Kitchen, Payroll Taxes Kitchen • Employee Costs: Continuing Education, Insurance-Workers Compensation • General and Administrative Costs: Accounting and Legal, Advertising, Bank Charges, Telephone, Officer Bond, General Liability,Administrative Payroll, Administrative Payroll Taxes, Office Supplies • Organization-Sustaining Costs: Depreciation, Insurance-Building, Interest

  7. Question 4 Cost Pools Cost Drivers Average Daily Population Building Square Footage Usage Average Daily No. of ACDC Children No. of ACDC Staff Employed No. of ACDC Students Enrolled • Facility Costs • Organization-Sustaining Costs • Program Costs • Employee Costs • General and Administrative Costs

  8. Question 5 Cost Allocations

  9. Question 5 Cont.

  10. Question 6

  11. Question 7 Operating successfully Determining factor Student to teacher ratio • Only the pre-k and toddler programs

  12. Question 8 Possible solutions • Raise rental rates • Raise tuitions • Add fee for food

  13. Allocated Departmental Revenue and Expenses ( NO RENTAL INCOME)

  14. Scenario 1: Increase Tuition Rates to Create 4% Operating Margin

  15. Scenario 2: Increased Rental Revenue from Fully Allocated Cost Pools

  16. Scenarios

  17. Additional Recommendations • Board of directors • Federal funding • Tuition sliding scale • Before and after school care • Fund raising • Additional marketing and community activities • Lease facilities after hours • Monthly or weekly tuition • Increase wages

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