Overview
What is Branford Early Learning Center Inc?
Branford Early Learning Center Inc, located at 16 Birch Road, Branford, Connecticut, is a nonprofit organization dedicated to supporting the overall development of approximately 45 children. Their primary mission is to offer high-quality, affordable childcare services for parents who are employed or in school. The center aims to provide children with essential protection, support, social, emotional, physical, and cognitive experiences, contributing to their normal growth and development. In addition, the institution works towards enhancing the well-being of families and children in the community, and seeks financial backing through contributions, grants, or loans to fund their programs and hire necessary personnel. The center's team consists of 24 employees.
Official website here: www.branfordearlylearningcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% - Four-Star out of Four Stars
Branford Early Learning Center Inc has achieved a strong rating of 92%, reflecting its commitment to accountability and financial transparency. The organization scored exceptionally well on most metrics, with perfect scores in areas such as board independence, financial oversight, and a low liabilities to assets ratio. This high level of accountability indicates effective governance and responsible management of resources.
The center showcases a robust program expense ratio of nearly 92%, suggesting that the majority of its funding is allocated directly to its programs. This focus on programmatic spending highlights the organization's dedication to its mission of supporting early childhood education. However, the absence of a whistleblower policy and the missing tax form on the nonprofit's website could be seen as areas for improvement in their overall governance practices.
Overall, Branford Early Learning Center Inc demonstrates significant strengths in financial management and board independence, making it a trustworthy organization for donors and stakeholders. Addressing the noted gaps in governance documentation could further enhance its accountability profile.
This AI summary has been generated from information found on Charity Navigator.
Is Branford Early Learning Center Inc legitimate?
Branford Early Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Branford Early Learning 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: $65,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $502,116
For more financial information, click here
Official website here: www.branfordearlylearningcenter.com
What is the mission statement of Branford Early Learning Center Inc?
The Branford Early Learning Center Inc's mission is centered around providing high-quality, affordable childcare services for parents who are either employed or attending school. This mission is carried out by operating a child daycare center that caters to approximately 45 children, ensuring they receive essential protection, support, and opportunities for social, emotional, physical, and cognitive development. The center also advocates for the wellbeing of families and children within the community and seeks financial support to achieve these goals, whether through donations, grants, or loans, to hire and oversee the necessary personnel for these programs.
Official website here: www.branfordearlylearningcenter.com
Who is the CEO of Branford Early Learning Center Inc?
Margaret Ricciardi is the Executive Director of Branford Early Learning Center Inc.
Official website here: www.branfordearlylearningcenter.com
What is the revenue of Branford Early Learning Center Inc?
Branford Early Learning Center Inc's revenue in 2022 was $971,637.
Official website here: www.branfordearlylearningcenter.com
Who are the executives of Branford Early Learning Center Inc and what are their salaries?
The average compensation at Branford Early Learning Center Inc during 2022 was $23,666. There are 24 employees at Branford Early Learning Center Inc.
Here are 7 key members and their salaries:
- Compensation: $65,870
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- Other: $0
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Official website here: www.branfordearlylearningcenter.com
Where can I find the form 990 for Branford Early Learning Center Inc?
Branford Early Learning Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.branfordearlylearningcenter.com
Learn more at the official website: www.branfordearlylearningcenter.com
Mission Statement of Branford Early Learning Center Inc
Branford Early Learning Center Inc is committed to providing high-quality, affordable child care for parents who are either working or pursuing their education. This nonprofit organization's mission is to offer a nurturing environment for approximately 45 children, ensuring they receive essential protection, support, and opportunities for social, emotional, physical, and cognitive development. Branford Early Learning Center Inc also strives to enhance the well-being of families and children within the community. The organization secures financial support through various means, such as contributions, grants, or loans, to hire and oversee personnel responsible for managing these programs.
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Impact
July, 2024
Branford Early Learning Center Inc provides high-quality, affordable child care services to working parents or those pursuing education. By offering a safe and nurturing environment for approximately 45 children, the center contributes to the overall development of the children by providing essential social, emotional, physical, and cognitive experiences. Furthermore, the organization plays a vital role in promoting the welfare of families and children in the community. Through their programs and initiatives, Branford Early Learning Center Inc positively impacts the lives of children and families in Branford, CT.
This information is meant to be a general summary of Branford Early Learning 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $69
- Program Service Revenue: $238,163
- Gross Receipts: $971,637
Assets and Liabilities:
- Total Assets: $500,163
- Total Liabilities: $4,840
- Net Assets: $495,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES AND OTHER INCOME
Revenue
$238,163
Organization Details
Founding Year
1973
Phone
(203) 488-4512Principal Officer
Margaret Ricciardi
Main Address
16 BIRCH ROAD, BRANFORD, CT, 06405
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