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Home Away From Home Preschool And Child Care 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: 030351564 ✦ Manchester center, VT ✦ Designated as a 501(c)(3)

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Overview

What is Home Away From Home Preschool And Child Care Center Inc?

Home Away From Home Preschool And Child Care Center Inc is a nonprofit organization that once operated as a community-based early education and child care facility, providing a nurturing environment for young children. Although its current status is unavailable, the organization was dedicated to educating and caring for children, offering them a home-like atmosphere during their formative years.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating suggests that Home Away From Home Preschool and Child Care Center Inc demonstrates a moderate level of financial health and accountability. While the organization excels in several areas, including its independent board structure and low liabilities compared to assets, the overall rating indicates room for improvement in other aspects of financial management.

The organization scores well on accountability and finance, with a Program Expense Ratio of 79.48%, indicating that a significant portion of its budget is directed towards its programs. Furthermore, it has a perfect score for having a majority of independent board members and for documenting board meeting minutes, which reflects good governance practices. However, the organization has a Two-Star rating, implying that potential donors or supporters should assess its overall impact and effectiveness in achieving its mission.

Despite its strengths in governance and program expenses, the rating also points to possible limitations in broader financial stability or transparency. Specific details regarding the salaries of key personnel show that the director earns a relatively low salary, while other positions are unpaid, which might raise questions about staff sustainability and resource allocation. Overall, stakeholders are encouraged to consider both the positive aspects and the areas needing improvement.


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

Is Home Away From Home Preschool And Child Care Center Inc legitimate?

Home Away From Home Preschool And Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Away From Home Preschool And Child Care 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: $14,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,412

For more financial information, click here

What is the mission statement of Home Away From Home Preschool And Child Care Center Inc?

Home Away From Home Preschool And Child Care Center Inc, formerly an active nonprofit, had a mission to serve the community through its preschool and child care services. Unfortunately, the organization is no longer operational, preventing us from providing the specific details of its mission statement. However, it can be assumed that their mission likely involved providing early education and care to children in a nurturing environment.

Who is the CEO of Home Away From Home Preschool And Child Care Center Inc?

Mark Slade is the President of Home Away From Home Preschool And Child Care Center Inc.

What is the revenue of Home Away From Home Preschool And Child Care Center Inc?

Home Away From Home Preschool And Child Care Center Inc's revenue in 2022 was $11,721.

Who are the executives of Home Away From Home Preschool And Child Care Center Inc and what are their salaries?

The average compensation at Home Away From Home Preschool And Child Care Center Inc during 2022 was $3,356. There are 11 employees at Home Away From Home Preschool And Child Care Center Inc.


Here are 6 key members and their salaries:


Angelia King (Director)
  • Compensation: $14,500
  • Related: $0
  • Other: $0
Erin Tarantino (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Slade (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hess (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Slade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Galusha (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Home Away From Home Preschool And Child Care Center Inc?

Home Away From Home Preschool And Child Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Home Away From Home Preschool And Child Care Center Inc

Home Away From Home Preschool and Child Care Center Inc, formerly an active nonprofit, was dedicated to providing a community-based preschool and child care facility. Although the organization is no longer in operation, its mission revolved around offering a nurturing environment for young children. The primary focus of this nonprofit was to contribute positively to the development of preschoolers, preparing them for their future educational journeys. However, due to unspecified circumstances, Home Away From Home Preschool and Child Care Center Inc is now considered terminated or inactive.

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Impact




October, 2024

Home Away From Home Preschool And Child Care Center Inc made significant contributions to early childhood education and community support in Manchester Center, Vermont. The facility served as a crucial resource for families, providing a safe and nurturing environment for young children. Through its community-focused approach, it facilitated holistic development by offering educational programming tailored to the needs of children, fostering both social skills and cognitive growth.

By addressing the childcare needs of working parents, the center helped reduce barriers to employment and education for families in the area. Its mission was centered on creating a supportive atmosphere where children could learn, explore, and develop essential life skills. Although it is no longer active, its impact on the community's educational landscape and parental support systems continues to resonate.




This information is meant to be a general summary of Home Away From Home Preschool And Child Care 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
$11,721 (2022)
Expenses
$84,958 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$7,555
  • Program Service Revenue: $9,443
  • Gross Receipts: $27,279

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Daycare Services

Revenue

$9,443

Organization Details

Founding Year

1996

Principal Officer

Mark Slade

Main Address

PO Box 373, Manchester Center, VT, 05255

NTEE Category

Code: B21 - Education

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