CCC - Equity Initiative's Site

CCC's Family Financial Picture Questionnaire (FFPQ)

CCC's Family Financial Picture Questionnaire (FFPQ)

In 2022, the CCC community first voted to revamp our tuition structure to make Children's Community Center accessible to a wider range of Bay Area families. As part of the revamp, this "family finance picture" asks you to reflect and share about your household's income, debt, and savings, as well as your access to resources like housing, healthcare, public assistance, and family/friend support. We invite you to use these questions as an opportunity for reflection and discussion. If you are unsure which answer to select, please choose the answer you feel is the best fit for your overall financial picture.

After answering these questions, you will decide which tuition "bucket" your family lands in i.e. what amount of tuition you will pay for the 2024-2025 school year. We know that questions like these can sometimes bring up feelings of discomfort, embarrassment, guilt and shame, particularly for any of us who were taught to believe that frank conversations about class and money are taboo. As we strive to make CCC more reflective of the diversity and dynamism of the Bay Area, we ask you to embrace this discomfort. We see this change as an important step in putting CCC's values into practice, and look forward to being in the practice–and the learning–together!

Please select answers based on your anticipated financial picture for the 24-25 school year. We recommend using gross income but please use your best judgement.

Please share your email if you wish to access or contribute to mutual aid (Bucket A) and/or if you wish to get your result by email. By submitting your email, you agree to share your answers with the School Admin. You will be asked to select your tuition bucket when you submit your returning contract or accept your offer.

When thinking about our family's spending...(select all that apply) *

Purchasing a gift for a wedding, birthday or graduation would put a strain on our finances for the month

We have to cut spending on other personal needs so we can afford to send our child to preschool

We can handle a major unplanned expense such as a car repair or medical bill

We can enjoy life because of the way we're managing our money

We don't follow a budget- most of our financial decisions are based on wants not needs

Our family's debt... *

Prohibits attainment of basic needs and/or we are contacted by debt collectors

Is a burden and/or requires minimum payments that are hard to meet

Is manageable and/or we are able to make our minimum payments our debt

Is in service to future financial stability or wealth accumulation such as mortgage payments, student loans etc. and/or I am comfortably able to make monthly payments

Is something we don't have

To manage our money, our family... *

Uses payday loans and/or check cashing services and/or is unbanked

Has one or more bank accounts, but limited or no credit history

Has one or more bank accounts, savings account and some credit history and/or access to credit

Contributes regularly to savings for things like retirement, college funds etc.

Has other investments, brokerage accounts, property, trust funds etc.

Our family has... *

No savings

Less than three months of living expenses in checking/savings

Three to six months of living expenses in checking/savings

More than six months of living expenses in checking/savings

A year or more of living expenses in checking/savings

Our family has... *

Less than $500 in checking/savings/liquid assets

$500 - $10,000 in checking/savings/liquid assets

$10,001 - $30,000 in checking/savings/liquid assets

$30,001- $50,000 in checking/savings/liquid assets

More than $50,000 in checking/savings/liquid assets

Our family's annual income is in the range of... *

$0-$70,000

$70,000-$120,000

$120,000-$170,000

$170,000-$230,000

$230,000+

Our family's access to health insurance coverage... *

Is through MediCal and/our one or more of our family members is uninsured

Is limited and/or some of us are underinsured (we have a only a basic or catastrophic plan)

Is adequate and allows us to seek care when someone is in need to medical attention or preventative care

Includes full health coverage and one or more additional benefits such as: vision, dental, life and/or to wellness benefits

Includes full health coverage coverage , one or more additional benefits and we can comfortably afford services like therapy, orthodontics, gym memberships and wellness services

For housing, our family pays... *

Over 50% of our income on rent or mortgage for our home or primary residence

Over 30% of our income on rent or mortgage on our home or primary residence

20% to 30% of our income on rent or mortgage on our home or primary residence

Less than 20% of our income on rent or mortgage on our home or primary residence

Less than 10% of our income in rent or mortgage on our home or primary residence

My family RECEIVES cash and noncash assistance from friends and family in the form of...(check all that apply) *

Childcare- Free or below market rate

Housing- Free or below market rate

Food

Transportation

Travel Expenses

Tuition Assistance

Other

N/A - I do not receive assistance from family friends

My family GIVES cash and noncash assistance to friends and family in the form of....(check all that apply) *

Childcare- Free or below market rate

Housing- Free or below market rate

Food

Transportation

Travel Expenses

Tuition Assistance

Other

N/A - I do not give cash/non-cash assistance to family friends

Wages *

	0	1	2	3	4 or more
How many wage earners are in your household?

Household size *

	2	3	4	5	6 or more
How many people do these wages support (including yourselves)?

We have access to public benefits (government assistance, tax credits etc.) in the form of one or more of the following (check all that apply): *

SNAP (CalFresh, food stamps), MediCal, WIC, or TANF

Subsidized housing (HUD public housing or 100% affordable housing)

Income from unemployment insurance and/or worker's compensation

Rent control and/or child tax credit

Mortgage interest deduction and/or Donor Advised Fund

Capital gains and/or depreciation not on primary residence

N/A

We have the following major expenses and/or assets (check all that apply): *

Childcare and/or eldercare more than 5% of income

Medical expenses more than 5% of income

Education expenses more than 5% of income

Other major expenses

We own our home or primary residence

We own additional property

Other major asset

N/A

Please describe any other major assets or expenses:

Being part of a co-op asks us all to invest many forms of resources into this school: our time, love, labor, and attention, in addition to money. Many of these resources enrich the community without necessarily expanding it. As you consider which of these “buckets” is most appropriate for your family, please bear in mind that our tuition payments are the most direct way to make CCC accessible to a wider range of Bay Area families.