Overview
What is Holyoke Day Nursery Inc?
Holyoke Day Nursery Inc is a nonprofit organization situated in Holyoke, Massachusetts, specifically at 159 Chestnut Street. Their primary mission is to offer subsidized, professional daycare and preschool education to children from economically disadvantaged families in the surrounding area. This service allows their parents to work or attend job training, ensuring the children receive necessary care while their families strive for financial stability. The organization, staffed by 16 individuals, focuses on developing essential skills in these preschoolers, ultimately preparing them for a successful educational journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Holyoke Day Nursery Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. This high score reflects the organization’s commitment to maintaining standards in governance, with an entirely independent board and adherence to best practices in financial oversight.
The nonprofit demonstrates robust financial management, evidenced by a low liabilities-to-assets ratio and a high percentage of expenses directed towards programs. With a program expense ratio of 77.61%, the organization effectively allocates funds to its core mission, ensuring that a significant portion of its resources is invested directly in service delivery.
While the organization excels in accountability and governance, potential supporters might want to explore further aspects of its impact and community engagement to gain a comprehensive understanding of its effectiveness beyond financial metrics. Overall, Holyoke Day Nursery Inc is positioned as a responsible and transparent nonprofit with a focus on quality service provision.
This AI summary has been generated from information found on Charity Navigator.
Is Holyoke Day Nursery Inc legitimate?
Holyoke Day Nursery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holyoke Day Nursery 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: $498,781
For more financial information, click here
What is the mission statement of Holyoke Day Nursery Inc?
Holyoke Day Nursery Inc's mission is centered around providing professional day care services for preschoolers and toddlers from economically disadvantaged families. The organization aims to support parents who are either working or attending job training by offering subsidized child care. The primary focus of their activities is to develop essential skills in these children, enabling them to thrive in their academic journey. By doing so, Holyoke Day Nursery Inc contributes to the broader goal of preparing these children for success in school.
Who is the CEO of Holyoke Day Nursery Inc?
Ann Sherlock is the Executive Director of Holyoke Day Nursery Inc.
What is the revenue of Holyoke Day Nursery Inc?
Holyoke Day Nursery Inc's revenue in 2022 was $778,851.
Who are the executives of Holyoke Day Nursery Inc and what are their salaries?
The average compensation at Holyoke Day Nursery Inc during 2022 was $31,174. There are 16 employees at Holyoke Day Nursery Inc.
Here are 3 key members and their salaries:
- Compensation: $71,611
- Related: $2,847
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Holyoke Day Nursery Inc?
Holyoke Day Nursery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Holyoke Day Nursery Inc
Holyoke Day Nursery Inc, a nonprofit organization, is committed to providing subsidized day care services for preschoolers and toddlers from low-income families. The mission of Holyoke Day Nursery Inc is to support and empower these young learners from economically disadvantaged backgrounds, ensuring they develop the necessary skills to succeed in their educational journeys. By offering professional day care services, the organization enables parents who are either working or attending job training to pursue their personal and professional goals, while their children receive high-quality early education. The focus of Holyoke Day Nursery Inc's program is on fostering a nurturing environment where children can grow, learn, and thrive, ultimately setting them up for success in school and beyond.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Holyoke Day Nursery Inc's impact is centered on providing qualified subsidized child care and preschool education to children of low-income families in Holyoke, MA. By offering day care services that focus on developing essential skills for school readiness, the organization plays a crucial role in supporting the academic and social development of young children from economically disadvantaged backgrounds. Through their mission to provide professional day care services to preschoolers and toddlers, Holyoke Day Nursery Inc contributes to creating a more equitable and inclusive community where all children have access to quality early childhood education.
This information is meant to be a general summary of Holyoke Day Nursery 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $536
- Program Service Revenue: $564,123
- Gross Receipts: $778,851
Assets and Liabilities:
- Total Assets: $756,370
- Total Liabilities: $129,560
- Net Assets: $626,810
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
New England Farm Workers Council
Revenue
$469,066
Dept. of Early Education and Care
Revenue
$33,436
Bureau of Nutrition
Revenue
$52,427
Parent Fees
Revenue
$9,194
Organization Details
Founding Year
1919
Phone
(413) 538-8419Principal Officer
Ann Sherlock
Main Address
159 CHESTNUT STREET, HOLYOKE, MA, 01040
NTEE Category
Code: P330 - Human services
If you are a representative of Holyoke Day Nursery Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.