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First Baptist Children's Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010773533 ✦ Wauchula, FL ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Children's Academy Inc?

First Baptist Children's Academy Inc, located at 1570 W MAIN ST, WAUCHULA, FL 33873, is a nonprofit organization with a charitable, religious, educational, and scientific mission. Their primary focus is to offer daycare services while simultaneously educating preschoolers in religious and scientific activities. This organization, classified under Section 501(C)(3) of the Internal Revenue Code, employs a team of 27 individuals dedicated to fostering an enriching environment for young learners.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

First Baptist Children's Academy Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored particularly well in areas such as having a fully independent board and a high program expense ratio, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs.

The academy's financial health is commendable, with no reported material diversion of assets and a favorable liabilities to assets ratio of 1.12%. The organization also demonstrates transparency by documenting board meeting minutes and maintaining a conflict of interest policy, which enhances its credibility and governance structure.

However, while the score is strong, it is based solely on the accountability and finance beacon, indicating that there may be other areas of performance not represented in this rating. Overall, First Baptist Children's Academy Inc appears to be a responsible steward of its resources, prioritizing its mission effectively within the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is First Baptist Children's Academy Inc legitimate?

First Baptist Children's Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Children's Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,502

For more financial information, click here

What is the mission statement of First Baptist Children's Academy Inc?

First Baptist Children's Academy Inc is established with a charitable, religious, educational, and scientific purpose, as per Section 501(C)(3) of the Internal Revenue Code. The primary objective of this organization is to provide daycare services while educating preschoolers in religious and scientific activities. The exempt purpose of the academy is to foster a learning environment that combines early childhood care with religious and scientific exploration. This organization is dedicated to serving the needs of young learners, promoting their overall development in a faith-based setting.

Who is the CEO of First Baptist Children's Academy Inc?

Jessica Newman is the Director of First Baptist Children's Academy Inc.

What is the revenue of First Baptist Children's Academy Inc?

First Baptist Children's Academy Inc's revenue in 2021 was $513,547.

Who are the executives of First Baptist Children's Academy Inc and what are their salaries?

The average compensation at First Baptist Children's Academy Inc during 2021 was $9,796. There are 27 employees at First Baptist Children's Academy Inc.


Here are 9 key members and their salaries:


Crystal Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Cobb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Krause (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Newman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Prescott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Royal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Baptist Children's Academy Inc?

First Baptist Children's Academy Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of First Baptist Children's Academy Inc

First Baptist Children's Academy Inc is a nonprofit organization that operates under Section 501(C)(3) of the Internal Revenue Code, with a mission centered around charitable, religious, educational, and scientific purposes. The organization's primary objective is to provide daycare services for preschoolers, while simultaneously incorporating religious and scientific activities into their educational curriculum. By doing so, First Baptist Children's Academy Inc aims to foster a nurturing environment that supports the holistic development of young children, both academically and spiritually.

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Impact




July, 2024

First Baptist Children's Academy Inc positively impacts the community by providing daycare services and educating preschoolers in religious and scientific activities. By organizing exclusively for charitable, religious, educational, and scientific purposes, this organization creates a nurturing and educational environment for young children in Wauchula, FL. Through its mission, First Baptist Children's Academy Inc contributes to the development and well-being of the youth in the community, embodying the values of human services and education.




This information is meant to be a general summary of First Baptist Children's Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$513,547 (2021)
Expenses
$370,861 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $159
  • Program Service Revenue: $391,594
  • Gross Receipts: $513,547

Assets and Liabilities:

  • Total Assets: $330,911
  • Total Liabilities: $1,142
  • Net Assets: $329,769

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$293,047

VPK INCOME

Revenue

$93,627

REGISTRATION & SUPPLY FEES

Revenue

$4,920

Organization Details

Founding Year

2003

Principal Officer

Jessica Newman

Main Address

1570 W MAIN ST, WAUCHULA, FL, 33873

NTEE Category

Code: P33 - Human services

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