Overview
What is Strong Place Day Care Center Inc?
Strong Place Day Care Center Inc is a nonprofit organization committed to serving the community by offering childcare services. Located within this organization, there's a 12-month program catering to a diverse population of children in terms of culture and socio-economic backgrounds. Currently, the program includes classes for two-, three-, and four-year-old children enrolled in universal Pre-K. The primary mission of Strong Place Day Care Center Inc is to provide high-quality childcare services, with a particular focus on economically disadvantaged children residing in the surrounding community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Strong Place Day Care Center Inc has received a strong 94% rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects the organization's commitment to transparency and responsible financial practices, as it is derived entirely from the Accountability & Finance beacon. The four-star rating signifies that donors can trust this nonprofit to manage their contributions effectively.
The organization excels in various key areas, including having a fully independent board and a robust audit and oversight committee. All board members are independent, which enhances the governance structure and reduces potential conflicts of interest. Additionally, the organization has clear policies in place regarding conflict of interest, whistleblower protections, and document retention, further demonstrating its commitment to ethical operations.
While the rating is impressive, one limitation to note is the absence of ratings related to program effectiveness or impact, as the score focuses solely on financial and accountability factors. However, the high program expense ratio of nearly 89% suggests that a significant portion of the funds is directed towards service delivery. Overall, Strong Place Day Care Center Inc stands out as a financially sound and accountable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Strong Place Day Care Center Inc legitimate?
Strong Place Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strong Place Day Care 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: $2,562,696
For more financial information, click here
What is the mission statement of Strong Place Day Care Center Inc?
Strong Place Day Care Center Inc's mission is centered around providing high-quality childcare services. However, their primary focus is on economically disadvantaged children residing in the local community. The center strives to ensure these children receive the necessary care, aiming to make a positive impact on their development. Strong Place operates as a year-round program, catering to a diverse population of students in terms of culture and socio-economic backgrounds. Currently, they offer universal Pre-K classes for two-, three-, and four-year-olds.
Who is the CEO of Strong Place Day Care Center Inc?
Thomas M Laquercia is the Exec. Dirctor of Strong Place Day Care Center Inc.
What is the revenue of Strong Place Day Care Center Inc?
Strong Place Day Care Center Inc's revenue in 2022 was $4,811,239.
Who are the executives of Strong Place Day Care Center Inc and what are their salaries?
The average compensation at Strong Place Day Care Center Inc during 2022 was $27,556. There are 93 employees at Strong Place Day Care Center Inc.
Here are 8 key members and their salaries:
- Compensation: $153,669
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Where can I find the form 990 for Strong Place Day Care Center Inc?
Strong Place Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Strong Place Day Care Center Inc
Strong Place Day Care Center Inc is committed to providing childcare services to the community at large, with a particular focus on economically disadvantaged children. This mission is carried out through the operation of quality Pre-K classes for two-, three-, and four-year-olds. The student population at Strong Place is diverse, reflecting the cultural and socio-economic makeup of the community. The center operates as a 12-month program, providing consistent care and education throughout the year. By offering these services, Strong Place Day Care Center Inc aims to support the overall development and well-being of young children in the surrounding community.
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Impact
July, 2024
Strong Place Day Care Center Inc has a significant impact on the community by providing quality childcare services to economically disadvantaged children in Brooklyn, NY. Their 12-month program caters to a culturally and socio-economically diverse student population, offering universal Pre-K classes for two-, three-, and four-year-olds. Through their mission to provide quality childcare services, Strong Place Day Care Center Inc plays a crucial role in supporting children and families in need in the surrounding community.
This information is meant to be a general summary of Strong Place Day Care 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: $11,546
- Program Service Revenue: $108,976
- Gross Receipts: $4,811,239
Assets and Liabilities:
- Total Assets: $2,373,672
- Total Liabilities: $756,900
- Net Assets: $1,616,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sliding Scale Payments
Revenue
$108,976
Organization Details
Founding Year
1970
Phone
(718) 624-2993Principal Officer
Thomas M Laquercia
Main Address
595 CLINTON STREET, BROOKLYN, NY, 112313234
NTEE Category
Code: P33Z - Human services
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