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Wolfeboro Area Children's Center Inc

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

EIN: 020314542 ✦ Wolfeboro, NH ✦ Designated as a 501(c)(3)

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Overview

What is Wolfeboro Area Children's Center Inc?

The Wolfeboro Area Children's Center Inc, established in 1974, is a not-for-profit organization situated in Wolfeboro, New Hampshire. Their primary mission is to uplift the social, emotional, and economic well-being of families and the community by providing comprehensive, affordable, and high-quality child and family services. The center caters to children ranging from six weeks old to twelve years old, offering a daycare and developmental program that focuses on their overall growth. With a dedicated team of 58 employees, the Wolfeboro Area Children's Center aims to meet the developmental and educational needs of children, cooperating with other agencies to ensure a holistic approach to serving these needs.


Official website here: www.wolfeborochildren.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Wolfeboro Area Children's Center Inc has achieved a high score of 96%, indicating strong performance in accountability and financial management. A perfect score in areas such as board independence, oversight of financial statements, and absence of material asset diversion underscores the organization's commitment to transparency and responsible stewardship of resources. The center prioritizes program expenses, directing nearly 88% of its funds towards direct service provision.

User feedback reflects the positive impact of the center on families in the community. A board member shared their personal experience, highlighting the exceptional care and educational environment provided to children, which alleviates stress for working parents. The center stands out for its comprehensive services, including meals, a learning environment, and specialized programs for children with special needs.

While the financial health and governance of the organization are strong, the review does not mention any specific challenges or limitations. Overall, Wolfeboro Area Children's Center is portrayed as a vital resource for families in the area, successfully merging childcare with educational support and community services.


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

Is Wolfeboro Area Children's Center Inc legitimate?

Wolfeboro Area Children's Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wolfeboro Area Children's Center 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: $1,389,933

For more financial information, click here


Official website here: www.wolfeborochildren.org

What is the mission statement of Wolfeboro Area Children's Center Inc?

The Wolfeboro Area Children's Center Inc's mission is centered around improving the overall well-being of families and the community. They accomplish this by addressing the developmental and educational needs of children through comprehensive, affordable, and high-quality child and family services. The center cooperates with other agencies to further serve these needs, demonstrating a commitment to collective action for the betterment of children and families. The Wolfeboro Area Children's Center, established in 1974, provides group day care and child developmental programs for children ranging from six weeks to twelve years.


Official website here: www.wolfeborochildren.org

Who is the CEO of Wolfeboro Area Children's Center Inc?

Teri Ann Cox is the Executive Director of Wolfeboro Area Children's Center Inc.


Official website here: www.wolfeborochildren.org

What is the revenue of Wolfeboro Area Children's Center Inc?

Wolfeboro Area Children's Center Inc's revenue in 2022 was $1,570,354.


Official website here: www.wolfeborochildren.org

Who are the executives of Wolfeboro Area Children's Center Inc and what are their salaries?

The average compensation at Wolfeboro Area Children's Center Inc during 2022 was $23,964. There are 58 employees and 25 volunteers at Wolfeboro Area Children's Center Inc.


Here are 15 key members and their salaries:


Teri Ann Cox (Executive Director)
  • Compensation: $92,350
  • Related: $0
  • Other: $0
Anne Lehner (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Dube (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Hayes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Aikens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Blair (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine Cadman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Connors (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Dunford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gibson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Swanick-Gillespie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jade Caines Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Mongiello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Simpson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wolfeborochildren.org

Where can I find the form 990 for Wolfeboro Area Children's Center Inc?

Wolfeboro Area Children's Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wolfeborochildren.org

Learn more at the official website: www.wolfeborochildren.org

Mission Statement of Wolfeboro Area Children's Center Inc

The Wolfeboro Area Children's Center, a not-for-profit organization established in 1974, is committed to improving the overall well-being of families and the community. Their mission is centered around addressing the developmental and educational needs of children through comprehensive, affordable, and high-quality child and family services. This mission is carried out by providing a group day care program catering to children as young as six weeks old and up to twelve years of age. The center aims to collaborate with other agencies that share similar objectives, working together to meet the needs of the community's children and families.

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Impact




July, 2024

The Wolfeboro Area Children's Center Inc has a significant impact on enhancing the well-being of families and the community by meeting the developmental and educational needs of children through comprehensive, affordable, high-quality child and family services. Their mission to provide group day care, child care, and developmental programs for children ages 6 weeks to 12 years reflects their commitment to supporting families and promoting the social, emotional, and economic well-being of the community. Through their not-for-profit organization founded in 1974, they play a vital role in providing essential services and cooperation with other agencies to serve these needs effectively.




This information is meant to be a general summary of Wolfeboro Area Children's Center 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
$1,570,354 (2022)
Expenses
$2,167,220 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $261,450
  • Program Service Revenue: $1,682,914
  • Gross Receipts: $2,625,937

Assets and Liabilities:

  • Total Assets: $8,052,597
  • Total Liabilities: $279,992
  • Net Assets: $7,772,605

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Programs

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

PRIVATE PAY

Revenue

$965,482

CHILD DEVELOPMENT BUREAU

Revenue

$209,197

USDA

Revenue

$34,415

SCHOOL DISTRICT

Revenue

$192,512

OTHER

Revenue

$281,308

Organization Details

Founding Year

1974

Principal Officer

Teri Ann Cox

Main Address

180 SOUTH MAIN STREET, WOLFEBORO, NH, 03894

NTEE Category

Code: P330 - Human services

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