Center For Child Care And Development Inc

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

EIN: 042504641 ✦ Fall river, MA ✦ Designated as a 501(c)(3)

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Overview

What is Center For Child Care And Development Inc?

The Center for Child Care and Development Inc., located at 63 Carl Street, Fall River, Massachusetts 02721, is a dedicated nonprofit organization. Its primary mission is to provide top-notch early childhood education services to families in Fall River, Massachusetts, who are income-eligible, under protective services, or privately pay for infant to pre-school aged children. The organization ensures that these services include nutritious meals and transportation within the Greater Fall River area. The Center's commitment is to offer affordable, high-quality early childhood education and care, thereby fostering a nurturing environment for low-income and state-subsidized families. The nonprofit employs a team of 45 individuals to carry out its mission.


Official website here: www.n/a-none

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating

The Center for Child Care and Development Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 96% in its Accountability & Finance category, demonstrating robust governance practices and fiscal responsibility.

Strengths of the organization include a high percentage of independent board members and a favorable liabilities to assets ratio, indicating sound financial management. With an impressive program expense ratio of nearly 89%, the Center effectively allocates its resources towards fulfilling its mission, ensuring that a significant portion of its funds directly support its programs.

While the organization displays numerous strengths, it is essential for potential donors to consider the full scope of its operations and impact beyond these ratings. Overall, the Center for Child Care and Development Inc showcases a solid framework for accountability and finance, which can instill confidence in its stakeholders.


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

Is Center For Child Care And Development Inc legitimate?

Center For Child Care And Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Child Care And Development 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: $104,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,138,246

For more financial information, click here


Official website here: www.n/a-none

What is the mission statement of Center For Child Care And Development Inc?

The Center for Child Care and Development Inc. is committed to providing affordable early childhood education and high-quality care to families who fall under the low-income category and are state subsidized, serving the greater Fall River, Massachusetts area. Their mission is to ensure that these families have access to educational services for their infant to preschool-aged children, including meals and transportation. The organization's primary goal is to provide an educational environment that is both nurturing and enriching, thereby contributing to the overall development of the children in its care.


Official website here: www.n/a-none

Who is the CEO of Center For Child Care And Development Inc?

S Kathleen Harrington is the Treasurerclerk of Center For Child Care And Development Inc.


Official website here: www.n/a-none

What is the revenue of Center For Child Care And Development Inc?

Center For Child Care And Development Inc's revenue in 2022 was $1,912,992.


Official website here: www.n/a-none

Who are the executives of Center For Child Care And Development Inc and what are their salaries?

The average compensation at Center For Child Care And Development Inc during 2022 was $27,625. There are 45 employees at Center For Child Care And Development Inc.


Here are 5 key members and their salaries:


S Kathleen Harrington (Treasurerclerk)
  • Compensation: $90,749
  • Related: $0
  • Other: $0
Richard Ibara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Luongo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Oliveira (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Almedia (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.n/a-none

Where can I find the form 990 for Center For Child Care And Development Inc?

Center For Child Care And Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.n/a-none

Learn more at the official website: www.n/a-none

Mission Statement of Center For Child Care And Development Inc

The Center for Child Care and Development Inc is dedicated to providing affordable early childhood education and care of the highest quality to low-income and state-subsidized families in various communities. Their mission is geared towards ensuring that these families in the Greater Fall River, Massachusetts area have access to top-notch early childhood education services. The organization takes pride in offering meals and transportation as part of their comprehensive service package, catering to infant to pre-school aged children who are either funded by the Commonwealth of Massachusetts or privately paid. By doing so, the Center for Child Care and Development Inc plays a significant role in contributing to the overall development and well-being of young children from underserved communities.

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Impact




July, 2024

Center For Child Care And Development Inc's impact lies in providing accessible and high-quality early childhood education and care to low-income and state-subsidized families in the Greater Fall River Massachusetts area. By offering these services, the organization plays a crucial role in supporting working parents by ensuring their children receive proper education and care while they are at work. This, in turn, helps families break the cycle of poverty and provides children with a solid foundation for future success. Overall, Center For Child Care And Development Inc positively impacts the community by addressing the needs of vulnerable families and promoting the well-being of children in the region.




This information is meant to be a general summary of Center For Child Care And Development 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
$1,912,992 (2022)
Expenses
$1,784,180 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,813
  • Program Service Revenue: $1,478,772
  • Gross Receipts: $1,924,876

Assets and Liabilities:

  • Total Assets: $3,077,535
  • Total Liabilities: $133,183
  • Net Assets: $2,944,352

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Programs

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

CHILD CARE SERVICES

Revenue

$1,478,772

Organization Details

Founding Year

1972

Principal Officer

S Kathleen Harrington

Main Address

63 CARL STREET, Fall River, MA, 02721

NTEE Category

Code: P33 - Human services

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