Overview
What is First Friends Daycare Inc?
First Friends Daycare Inc, situated in Worcester, Massachusetts, is a nonprofit organization that primarily focuses on operating a daycare center. This center serves as a hub for early care and education, providing essential support and developmental opportunities for young children. With a workforce of 58 dedicated individuals, the organization is committed to providing a nurturing and educational environment, fostering the growth and development of the children under its care.
Official website here: www.firstfriendschildcare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
First Friends Daycare Inc has received a Three-Star rating, reflecting a solid overall score attributed entirely to its Accountability & Finance practices. The organization boasts a high percentage of independent board members and has achieved full marks in key areas such as financial statement audits and the absence of material diversion of assets. Additionally, a strong program expense ratio indicates that a significant portion of its budget is directed towards its mission-related activities.
However, there are notable gaps in policy documentation that may affect its transparency and governance. The absence of a whistleblower policy and a document retention strategy, along with the missing tax form on its website, detracts from its overall accountability score. While the nonprofit demonstrates robust financial health, these limitations suggest areas for improvement in maintaining best practices for governance.
Overall, First Friends Daycare Inc's financial accountability is commendable, but it should address the identified deficiencies to enhance its organizational effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is First Friends Daycare Inc legitimate?
First Friends Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Friends Daycare 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: $106,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,055,946
For more financial information, click here
Official website here: www.firstfriendschildcare.org
What is the mission statement of First Friends Daycare Inc?
First Friends Daycare Inc's mission is centered around operating a daycare center and providing early care and educational services. Their primary objective is to cater to children at an early stage of their lives, offering them a nurturing environment for their overall development. The organization aims to foster learning and growth through its educational programs, ensuring each child receives a solid foundation for their future.
Official website here: www.firstfriendschildcare.org
Who is the CEO of First Friends Daycare Inc?
Kimberly Sullivan is the Director of First Friends Daycare Inc.
Official website here: www.firstfriendschildcare.org
What is the revenue of First Friends Daycare Inc?
First Friends Daycare Inc's revenue in 2023 was $1,746,993.
Official website here: www.firstfriendschildcare.org
Who are the executives of First Friends Daycare Inc and what are their salaries?
The average compensation at First Friends Daycare Inc during 2023 was $20,049. There are 58 employees at First Friends Daycare Inc.
Here are 13 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: $0
- Related: $0
- Other: $0
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $88,167
- Related: $0
- Other: $13,310
Official website here: www.firstfriendschildcare.org
Where can I find the form 990 for First Friends Daycare Inc?
First Friends Daycare Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.firstfriendschildcare.org
Learn more at the official website: www.firstfriendschildcare.org
Mission Statement of First Friends Daycare Inc
First Friends Daycare Inc is committed to operating a daycare center and providing early care and education services. Their primary mission is to create a nurturing environment where children can learn and grow, receiving both care and education from a dedicated team. By operating a daycare center, First Friends Daycare Inc aims to support families by offering reliable childcare solutions, enabling parents to balance their work and family life. The organization's focus on early care and education ensures that children receive a strong foundation for their future academic and personal development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
First Friends Daycare Inc's impact lies in its dedicated provision of a nurturing environment for children in Worcester, MA. By operating a daycare center that focuses on early care and education, First Friends Daycare Inc plays a crucial role in supporting working families in the community. Through its mission to provide quality care and education, this organization is helping children develop essential skills and prepare for future academic success. Ultimately, First Friends Daycare Inc contributes to the overall well-being and development of children in Worcester, making a positive impact on the community's future.
This information is meant to be a general summary of First Friends Daycare 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 2023.
- Investment Income: -$2,352
- Program Service Revenue: $1,376,387
- Gross Receipts: $2,015,243
Assets and Liabilities:
- Total Assets: $1,749,697
- Total Liabilities: $744,924
- Net Assets: $1,004,773
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,324,311
SUMMER PROGRAM
Revenue
$52,076
Organization Details
Founding Year
1999
Phone
(508) 791-4884Principal Officer
Kimberly Sullivan
Main Address
111 PARK AVENUE, WORCESTER, MA, 01609
NTEE Category
Code: P33 - Human services
If you are a representative of First Friends Daycare Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.