Overview
What is Community Parents Inc?
Community Parents Inc, located at 90 Chauncy Street, Brooklyn, New York 11233, is a nonprofit organization that focuses on literacy and social education for children and their families. With a workforce of 64 individuals, they operate a Head Start Program, serving 138 pre-school children aged 3 and 4 who come from disadvantaged backgrounds. Their mission is twofold; firstly, to enhance the literacy skills of these children, and secondly, to empower and prepare their parents to support their children's social and intellectual development. This holistic approach aims to create a strong foundation for the overall growth and success of these young individuals.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 77% (Three-Star out of Four Star rating)
Community Parents Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization excels in various areas, particularly in maintaining an independent board and having comprehensive financial oversight, as highlighted by their perfect scores in several governance categories. The high program expense ratio suggests that a significant portion of their funds is directed towards their programs rather than administrative costs.
However, the organization faces a notable concern with a liabilities to assets ratio of 118.00%, which is considerably above the acceptable threshold. This high ratio indicates that Community Parents Inc may have financial stability challenges that could impact its operations and sustainability in the long run. While the charity demonstrates commendable practices in governance and transparency, potential donors may want to consider this financial indicator when evaluating their support.
Overall, Community Parents Inc shows strengths in accountability and programmatic spending, which are essential for nonprofit efficacy. Nevertheless, the financial liabilities issue warrants attention and could be a critical area for improvement to ensure long-term viability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Community Parents Inc legitimate?
Community Parents Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Parents 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: $317,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,269,857
For more financial information, click here
What is the mission statement of Community Parents Inc?
Community Parents Inc's mission is centered around promoting literacy and social education among children. They strive to achieve this by offering early childhood education to pre-school children aged 3 and 4, and by educating and preparing their parents to support their children's social and intellectual development. This organization operates a Head Start Program, serving 138 disadvantaged children in this age group.
Who is the CEO of Community Parents Inc?
Charmaine Noel is the Chairperson of Community Parents Inc.
What is the revenue of Community Parents Inc?
Community Parents Inc's revenue in 2022 was $5,266,417.
Who are the executives of Community Parents Inc and what are their salaries?
The average compensation at Community Parents Inc during 2022 was $40,433. There are 64 employees and 8 volunteers at Community Parents Inc.
Here are 10 key members and their salaries:
- Compensation: $136,525
- Related: $0
- Other: $44,712
- Compensation: $99,017
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- Other: $37,585
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Community Parents Inc?
Community Parents Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Parents Inc
Community Parents Inc, a nonprofit organization, is committed to fostering literacy and social education among children and their families. Central to its mission is the provision of early childhood education to pre-school children aged 3 and 4, who may be disadvantaged. The organization also places a strong emphasis on educating and empowering parents to effectively support their children's social and intellectual development. By doing so, Community Parents Inc aims to contribute to the overall well-being and growth of the children and families it serves. Through its Head Start Program, the organization serves 138 Pre-School 3-and 4-year-old children, providing them with a solid foundation for their future academic and social success.
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Impact
July, 2024
Community Parents Inc's impact is significant in promoting literacy and social education to children and families, particularly through its Head Start Program. By serving 138 disadvantaged 3- and 4-year-old preschool children in Brooklyn, NY, the organization plays a crucial role in providing early childhood education and preparing parents to support their children's social and intellectual development. This focused approach helps in bridging educational gaps and fostering a supportive environment for both children and families to thrive in.
This information is meant to be a general summary of Community Parents 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.
- Gross Receipts: $5,266,417
Assets and Liabilities:
- Total Assets: $595,644
- Total Liabilities: $441,110
- Net Assets: $154,534
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Organization Details
Founding Year
1969
Phone
(718) 771-4002Principal Officer
Charmaine Noel
Main Address
90 Chauncy Street, Brooklyn, NY, 11233
NTEE Category
Code: B20 - Education
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