Overview
What is Newington Elementary Children's Center Inc?
Newington Elementary Children's Center Inc is a compassionate nonprofit organization situated in Newington, Connecticut. Their primary focus is on providing daycare services, ensuring the well-being and development of young children. As a daycare center, they offer a nurturing environment for children, providing essential care and support during their formative years. The mission of Newington Elementary Children's Center Inc is deeply rooted in promoting the growth and happiness of the children under their care.
Official website here: www.mynecci.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating
Newington Elementary Children's Center Inc has received a Two-Star rating from Charity Navigator, indicating there are notable areas for improvement in its accountability and financial practices. While the organization demonstrates a strong independence with 100% of its board members being independent and has no material diversion of assets, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which raises concerns about governance practices.
Financially, the organization reports a program expense ratio of 57.08%, suggesting that a significant portion of its expenditures is directed towards its programs. However, the score for program expenses is relatively low, indicating room for improvement in how funds are allocated. Additionally, while its liabilities to assets ratio is favorable at 7.75%, the absence of certain financial transparency measures, such as posting tax forms on its website, may hinder public trust.
Overall, while Newington Elementary Children's Center Inc shows strengths in board independence and asset management, addressing the missing policies and enhancing financial transparency could lead to improved ratings and trust from the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Newington Elementary Children's Center Inc legitimate?
Newington Elementary Children's Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newington Elementary 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,201
For more financial information, click here
Official website here: www.mynecci.com
What is the mission statement of Newington Elementary Children's Center Inc?
The Newington Elementary Children's Center's mission revolves around providing daycare services. This mission is geared towards offering a supportive environment for children, ensuring their well-being and development during non-school hours. The center strives to create an engaging environment that fosters learning and growth, catering to the needs of each child under its care.
Official website here: www.mynecci.com
Who is the CEO of Newington Elementary Children's Center Inc?
Ellen Peterson is the Director of Newington Elementary Children's Center Inc.
Official website here: www.mynecci.com
What is the revenue of Newington Elementary Children's Center Inc?
Newington Elementary Children's Center Inc's revenue in 2022 was $1,072,174.
Official website here: www.mynecci.com
Who are the executives of Newington Elementary Children's Center Inc and what are their salaries?
The average compensation at Newington Elementary Children's Center Inc during 2022 was $16,673. There are 30 employees at Newington Elementary Children's Center Inc.
Here are 6 key members and their salaries:
- Compensation: $80,003
- Related: $0
- Other: $11,217
- 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
Official website here: www.mynecci.com
Where can I find the form 990 for Newington Elementary Children's Center Inc?
Newington Elementary Children's Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mynecci.com
Learn more at the official website: www.mynecci.com
Mission Statement of Newington Elementary Children's Center Inc
Newington Elementary Children's Center, a child daycare center, is committed to its mission of providing daycare services. This mission is geared towards ensuring the well-being and development of young children during their formative years. The center's primary goal is to offer a safe and nurturing environment where children can learn, play, and grow under the supervision of dedicated professionals. The daycare services provided by Newington Elementary Children's Center aim to support the overall development of children, promoting their cognitive, social, and emotional growth. The center's activities and programs are designed to foster a sense of curiosity, creativity, and independence in the children, preparing them for their future educational journeys.
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Impact
July, 2024
Newington Elementary Children's Center Inc provides critical daycare services to families in the Newington, CT community. Through their dedication to providing high-quality childcare, they support working parents by offering a safe and nurturing environment for their children. By fulfilling their mission of daycare services, Newington Elementary Children's Center Inc plays a vital role in promoting the well-being and development of the children in their care.
This information is meant to be a general summary of Newington Elementary 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,101
- Program Service Revenue: $766,739
- Gross Receipts: $1,072,174
Assets and Liabilities:
- Total Assets: $1,305,633
- Total Liabilities: $49,669
- Net Assets: $1,255,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$766,739
Organization Details
Principal Officer
Ellen Peterson
Main Address
50 PROGRESS CIRCLE 1B, NEWINGTON, CT, 06111
Website
www.mynecci.comNTEE Category
Code: P33 - Human services
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