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Carter Center For Children Inc

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

EIN: 042987831 ✦ Needham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Carter Center For Children Inc?

Carter Center for Children Inc. is a nonprofit organization situated in Needham, Massachusetts. Established with a mission to provide quality childcare, the center operates five full days a week throughout the year, catering to children aged 2.5 to 6 years old. The professional staff at Carter Center creates a nurturing and creative environment where children can learn, play, and grow, ensuring optimal development of their social, emotional, physical, and cognitive skills. The center is committed to supporting families living in the Needham area and aiding their children, as well as providing understanding and meaning to the young child's world. The organization employs a team of 25 individuals to carry out its mission.


Official website here: www.cartercenterforchildren.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Carter Center For Children Inc has received an 84% rating from Charity Navigator, reflecting a strong focus on accountability and finance. The evaluation is based solely on this aspect, indicating that the organization maintains solid financial practices and transparency. It has achieved full points for independent board membership and financial audits, contributing to a positive assessment of its governance.

The organization demonstrates a high program expense ratio at 95.47%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. This efficiency suggests prioritization of impact over overhead, which is a positive trait for potential donors looking to support effective nonprofits.

However, some policies such as the conflict of interest and whistleblower policies are missing, which may raise concerns about governance practices. While these omissions do not detract from the overall financial health of the organization, they highlight areas for improvement to enhance transparency and accountability further.


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

Is Carter Center For Children Inc legitimate?

Carter Center For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carter Center For Children 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: $151,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $929,437

For more financial information, click here


Official website here: www.cartercenterforchildren.org

What is the mission statement of Carter Center For Children Inc?

The Carter Center for Children Inc., as a non-profit organization, operates a full-day preschool and childcare program catering to children between 2.5 and 6 years old. The professional staff at the center creates a nurturing and creative environment where children can play, learn, and grow. The mission of Carter Center for Children Inc. is to provide quality childcare in a safe and healthy setting, aiding families in the Needsville area. The center's primary goal is to support the optimal development of each child's social, emotional, physical, and cognitive skills. Furthermore, the center aims to bring meaning and understanding to the young child's world.


Official website here: www.cartercenterforchildren.org

Who is the CEO of Carter Center For Children Inc?

Margaret Mcdonald is the President of Carter Center For Children Inc.


Official website here: www.cartercenterforchildren.org

What is the revenue of Carter Center For Children Inc?

Carter Center For Children Inc's revenue in 2022 was $1,848,809.


Official website here: www.cartercenterforchildren.org

Who are the executives of Carter Center For Children Inc and what are their salaries?

The average compensation at Carter Center For Children Inc during 2022 was $43,253. There are 25 employees at Carter Center For Children Inc.


Here are 3 key members and their salaries:


Margaret Mc Donald (President)
  • Compensation: $52,156
  • Related: $0
  • Other: $0
Richard Carr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Alves (Director)
  • Compensation: $98,903
  • Related: $0
  • Other: $0


Official website here: www.cartercenterforchildren.org

Where can I find the form 990 for Carter Center For Children Inc?

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


Official website here: www.cartercenterforchildren.org

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

Mission Statement of Carter Center For Children Inc

Carter Center for Children Inc, a nonprofit organization, operates as a full-day preschool and childcare program. Its mission is to provide a nurturing and creative environment for children aged 2.5 to 6 years old, allowing them to play, learn, and grow. The team at Carter Center for Children Inc prioritizes the well-being of these young individuals and their families, offering a safe and healthy environment that supports their social, emotional, physical, and cognitive development. By doing so, the organization aims to bring meaning and understanding to the young child's world, ultimately contributing to their optimal development.

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Impact




July, 2024

Carter Center for Children Inc provides a full-day preschool and childcare program for children ages 2.5 to 6 years old and their families. Operating as a private, non-profit children's center in Needham, MA, this organization offers a nurturing and creative environment where children can play, learn, and grow. By providing quality childcare in a safe and healthy setting, Carter Center for Children supports children in developing their social, emotional, physical, and cognitive skills, while also helping them make meaning of the world around them. Overall, the impact of this organization is significant in the lives of the young children and families it serves, ensuring they receive the necessary support for optimal development and growth.




This information is meant to be a general summary of Carter Center For Children 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
$1,848,809 (2022)
Expenses
$1,504,599 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,443
  • Program Service Revenue: $1,411,953
  • Gross Receipts: $1,848,809

Assets and Liabilities:

  • Total Assets: $946,010
  • Total Liabilities: $176,058
  • Net Assets: $769,952

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Programs

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

TUITION INCOME

Revenue

$1,403,578

FORFEITED FAMILY DEPOS

Revenue

$6,500

APPLICATION FEE INCOME

Revenue

$1,875

Organization Details

Founding Year

1989

Principal Officer

Margaret Mcdonald

Main Address

800 HIGHLAND AVENUE, NEEDHAM, MA, 02494

NTEE Category

Code: P33Z - Human services

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