Overview
What is Webster Square Day Care Center Inc?
Webster Square Day Care Center Inc, located in Worcester, Massachusetts, is a dedicated child daycare facility. Their primary objective is to offer daycare services, ensuring the well-being and care of young children. The center's mission is deeply rooted in this purpose, as it strives to provide a nurturing environment for the children under its care. Although the information provided is limited, it suggests that Webster Square Day Care Center Inc is committed to contributing positively to the lives of the children and families in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Webster Square Day Care Center Inc has received an overall rating of 86% from Charity Navigator, which indicates solid performance in accountability and finance. This score is derived from a comprehensive evaluation of financial practices, with a particular emphasis on governance and the management of resources.
The organization excels in several key areas, including having a fully independent board of members, maintaining rigorous financial oversight, and demonstrating a low liabilities-to-assets ratio. Additionally, the high program expense ratio suggests that a significant portion of its funding is directly allocated to its programs, reflecting a commitment to mission-driven work.
While the data reflects strong financial health and governance practices, there are no additional limitations noted in the ratings. This suggests that Webster Square Day Care Center Inc operates with a high level of integrity and transparency in its financial dealings.
This AI summary has been generated from information found on Charity Navigator.
Is Webster Square Day Care Center Inc legitimate?
Webster Square Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Webster Square Day 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: $115,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Webster Square Day Care Center Inc?
The mission of Webster Square Day Care Center Inc, as stated, is centered around providing day care services. This mission is geared towards ensuring the well-being and care of children, offering a space where they can learn, grow, and develop under supervision. The daycare center's primary goal is to cater to the needs of children, offering them a structured and nurturing environment. While the location of the daycare center is mentioned in the provided information, it is not relevant to the mission statement itself and should therefore not be included in the summary.
Who is the CEO of Webster Square Day Care Center Inc?
Sr Marie Therese Martin is the President/Board Member of Webster Square Day Care Center Inc.
What is the revenue of Webster Square Day Care Center Inc?
Webster Square Day Care Center Inc's revenue in 2022 was $1,955,014.
Who are the executives of Webster Square Day Care Center Inc and what are their salaries?
The average compensation at Webster Square Day Care Center Inc during 2022 was $7,230. There are 16 employees at Webster Square Day Care Center Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $115,688
- Related: $0
- Other: $990
Where can I find the form 990 for Webster Square Day Care Center Inc?
Webster Square Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Webster Square Day Care Center Inc
Webster Square Day Care Center, as a nonprofit organization, is committed to providing daycare services. The primary objective of this daycare center is to offer a nurturing environment for children, ensuring their well-being and development during the day. By offering daycare services, Webster Square Day Care Center aims to support working parents by providing a reliable and safe space for their children while they attend to their daily responsibilities. The center's mission is centered around the belief that quality childcare plays a significant role in fostering a child's growth and development, providing them with the foundation they need to thrive in the future.
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Impact
July, 2024
Webster Square Day Care Center Inc provides essential day care services to the community of Worcester, MA. Its impact is significant as it serves as a crucial support system for working parents by ensuring the safety and well-being of their children while they are away. Additionally, the center plays a vital role in the early childhood development of the children under its care, providing them with a nurturing environment that fosters learning, socialization, and growth. Overall, Webster Square Day Care Center Inc's impact can be seen in its contribution to supporting families, promoting education, and facilitating the healthy development of young children in the community.
This information is meant to be a general summary of Webster Square Day 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,863,279
- Gross Receipts: $1,955,014
Assets and Liabilities:
- Total Assets: $1,090,433
- Total Liabilities: $117,526
- Net Assets: $972,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD DAY CARE
Revenue
$1,847,493
CLIENT FEES
Revenue
$15,786
Organization Details
Founding Year
1968
Phone
(508) 756-3567Principal Officer
Sr Marie Therese Martin
Main Address
39 QUEEN STREET, WORCESTER, MA, 01610
NTEE Category
Code: P33Z - Human services
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