Overview
What is Rockwood Early Education Academy Inc?
Rockwood Early Education Academy Inc, located in Dorchester Center, Massachusetts, is a nonprofit organization that provides income-based child care services to 88 toddler and preschool children throughout the year. Their mission is to offer high-quality education and child care services to economically disadvantaged families residing in the Dorchester, Mattapan, Roxbury, and Hyde Park districts of Boston. With a team of 26 dedicated individuals, this organization is committed to fostering a nurturing and enriching environment for young children, ultimately supporting their families in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Rockwood Early Education Academy Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The organization scored 92% overall, with its evaluation entirely based on the Accountability & Finance Beacon, indicating a solid commitment to responsible fiscal management and transparency.
The organization demonstrates excellent governance practices, with an independent board comprising 80% independent members. They have received top scores for their financial statements, conflict of interest policy, and other governance policies, showcasing a well-structured and responsible organization. Additionally, the program expense ratio of 77.94% indicates that a significant portion of their funding is directed towards their educational programs.
However, while the financial metrics are strong, potential donors and stakeholders may want to seek further qualitative information about the impact of Rockwood's programs and services. Overall, the organization shows a commitment to transparency and effective management, making it a trustworthy option for support.
This AI summary has been generated from information found on Charity Navigator.
Is Rockwood Early Education Academy Inc legitimate?
Rockwood Early Education Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockwood Early Education Academy 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: $142,499
Professional Fundraising Fees: $0
Other Salaries and Wages: $914,801
For more financial information, click here
What is the mission statement of Rockwood Early Education Academy Inc?
Rockwood Early Education Academy Inc's mission is centered around providing high-quality education and child care services to mothers from economically disadvantaged families in specific districts of Boston. The organization's primary goal is to offer income-based child care to 88 toddler and pre-school children for twelve months of the year. By doing so, Rockwood Early Education Academy Inc aims to contribute positively to the education and well-being of these children, thereby supporting their families as well. It is essential to note that the academy focuses on serving families residing in the Dorchester, Mattapan, Roxbury, and Hyde Park districts of Boston.
What is the revenue of Rockwood Early Education Academy Inc?
Rockwood Early Education Academy Inc's revenue in 2024 was $1,775,040.
Who are the executives of Rockwood Early Education Academy Inc and what are their salaries?
The average compensation at Rockwood Early Education Academy Inc during 2024 was $40,665. There are 26 employees at Rockwood Early Education Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $142,499
- Related: $0
- Other: $0
- Compensation: $76,899
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rockwood Early Education Academy Inc?
Rockwood Early Education Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Rockwood Early Education Academy Inc
Rockwood Early Education Academy Inc is dedicated to providing high-quality education and childcare services to mothers from economically disadvantaged families residing in the Dorchester, Mattapan, Roxbury, and Hyde Park districts of Boston. The organization's mission is to offer these mothers reliable income-based childcare for their toddlers and preschoolers throughout the year, ensuring that they can focus on their personal and professional growth while their children receive a nurturing and stimulating environment for learning and development. By providing this essential service, Rockwood Early Education Academy Inc plays a crucial role in supporting and empowering families in need, contributing to the overall well-being of the community.
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Impact
July, 2024
Rockwood Early Education Academy Inc's impact is profound in providing quality education and childcare services to economically disadvantaged families in Dorchester, Mattapan, Roxbury, and Hyde Park districts of Boston. This organization supports mothers by offering income-based child care for 88 toddlers and preschool children year-round. By focusing on education and childcare, Rockwood Early Education Academy Inc plays a vital role in supporting families in need and ensuring that children receive a strong foundation for their future success.
This information is meant to be a general summary of Rockwood Early Education Academy 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 2024.
- Program Service Revenue: $1,538,907
- Gross Receipts: $1,775,040
Assets and Liabilities:
- Total Assets: $555,221
- Total Liabilities: $195,942
- Net Assets: $359,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,538,907
Organization Details
Founding Year
1977
Principal Officer
Linda King-Rice
NTEE Category
Code: B21 - Education
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