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Concord 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: 042565514 ✦ Concord, MA ✦ Designated as a 501(c)(3)

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Overview

What is Concord Children's Center Inc?

Concord Children's Center Inc, located at 1300 Main Street, Concord, Massachusetts 01742, is a nonprofit organization dedicated to providing year-round educational and recreational services for children aged ten weeks to six years. With approximately 167 children being cared for at three facilities, their mission is to foster an inclusive, welcoming environment that encourages the development of respectful relationships, inquisitive minds, and self-confidence in children's unique abilities. The center aims to engage, prepare, and inspire children for learning, cultivating a sense of readiness and enthusiasm for their educational journey. Concord Children's Center Inc employs a team of 67 individuals committed to enriching the lives of young learners.


Official website here: www.concordchildrenscenter.org

What are the reviews and ratings of this charity?

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

Concord Children's Center Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The overall score is based entirely on their Accountability & Finance metrics, which highlights their dedication to transparency and efficient use of resources. The organization has achieved a notable 96% score in this category, indicating sound financial practices.

The center's governance is strong, with 88% of its board members being independent, ensuring diverse perspectives in decision-making. Additionally, they have met all criteria for financial oversight, including having an audit and oversight committee in place, and they have demonstrated excellent practices in managing potential conflicts of interest and whistleblower protections. Their program expense ratio of 84.47% indicates that a significant portion of their budget is directed towards their programs, showcasing their focus on fulfilling their mission.

While the organization excels in financial and governance metrics, ongoing evaluation of program outcomes and community impact would further enhance their transparency and effectiveness. Overall, Concord Children's Center Inc displays a solid foundation of accountability and responsible financial stewardship.


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

Is Concord Children's Center Inc legitimate?

Concord Children's Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord 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: $106,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,242,535

For more financial information, click here


Official website here: www.concordchildrenscenter.org

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

The Concord Children's Center Inc's mission is centered around nurturing a warm and inviting environment where children can foster respectful relationships and cultivate curious minds. This mission aims to boost their self-confidence by recognizing and celebrating their unique talents. The center encourages engagement, preparation, and inspiration in learning, ultimately preparing the children for their educational journey.


Official website here: www.concordchildrenscenter.org

Who is the CEO of Concord Children's Center Inc?

Patricia Nelson is the Co-Chair of Concord Children's Center Inc.


Official website here: www.concordchildrenscenter.org

What is the revenue of Concord Children's Center Inc?

Concord Children's Center Inc's revenue in 2022 was $5,074,924.


Official website here: www.concordchildrenscenter.org

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

The average compensation at Concord Children's Center Inc during 2022 was $35,065. There are 67 employees and 45 volunteers at Concord Children's Center Inc.


Here are 18 key members and their salaries:


Jay Abelowitz (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Mccullough (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Doherty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan Bader (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Ansara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Boisvert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Rankin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Lennon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yumi Suarez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily D'Arcy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacia Morabito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Nelson (Executive Director)
  • Compensation: $102,121
  • Related: $0
  • Other: $17,133
Marcela Bean (Director/Teacher)
  • Compensation: $30,891
  • Related: $0
  • Other: $378
Kathy Manero Alternate (Director/Teacher)
  • Compensation: $26,728
  • Related: $0
  • Other: $916
James Conti (Director/Teacher)
  • Compensation: $17,947
  • Related: $0
  • Other: $799


Official website here: www.concordchildrenscenter.org

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

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


Official website here: www.concordchildrenscenter.org

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

Mission Statement of Concord Children's Center Inc

Concord Children's Center Inc is committed to establishing a nurturing and welcoming environment where children can develop strong relationships, foster curiosity, and build confidence in their unique abilities. Their mission is centered around engaging, preparing, and inspiring children aged ten weeks to six years, enabling them to learn effectively. The center aims to cultivate a community that promotes respectful interactions and nurtures the inquisitive minds of the children in its care. By providing year-round educational and recreational services, Concord Children's Center Inc plays a crucial role in helping children grow, develop, and prepare for the future.

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Impact




July, 2024

Concord Children's Center Inc provides crucial daycare services for children aged ten weeks through six years in Concord, MA. By offering year-round educational and recreational programs, the center not only allows parents to work but also facilitates the development of respectful relationships, inquisitive minds, and confident individuals among the children it serves. With approximately 167 children enrolled across three facilities, Concord Children's Center Inc plays a significant role in preparing and inspiring the next generation to learn and grow.




This information is meant to be a general summary of Concord 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
$5,074,924 (2022)
Expenses
$3,374,311 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,292
  • Program Service Revenue: $3,913,047
  • Gross Receipts: $5,074,924

Assets and Liabilities:

  • Total Assets: $5,419,632
  • Total Liabilities: $2,392,335
  • Net Assets: $3,027,297

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Programs

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

DAYCARE TUITION & FEES

Revenue

$3,913,047

Organization Details

Founding Year

1975

Principal Officer

Patricia Nelson

Main Address

1300 MAIN STREET, CONCORD, MA, 01742

NTEE Category

Code: P33Z - Human services

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