Overview
What is Gan Day Care Center Inc?
Gan Day Care Center Inc is a child day care organization, overseen by the New York City Department of Education. The organization takes pride in establishing, owning, and operating a day care facility situated in Brooklyn, New York. This center serves as a safe and nurturing environment for 156 children, offering them essential care and support. The primary mission of Gan Day Care Center Inc is to contribute to the well-being and development of young minds, ensuring a nurturing atmosphere where they can grow and learn.
Official website here: www.gandaycare@verizon.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Gan Day Care Center Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. While the organization scores well on governance factors such as a fully independent board and no material diversion of assets, it falls short in key areas that impact its overall rating. Notably, the absence of a whistleblower policy and document retention policy raises questions about its internal controls.
The organization demonstrates a strong commitment to program expenses, with 89.21% of its budget allocated towards its programs. This suggests that Gan Day Care Center Inc is focused on delivering its services effectively. However, the high liabilities to assets ratio of 118.06% is alarming, indicating potential financial instability that could affect its operations in the long term.
Overall, while Gan Day Care Center Inc shows promise in its programmatic focus and governance, its financial practices and lack of essential policies warrant attention and improvement. Prospective donors should consider these factors when evaluating the charity's overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Gan Day Care Center Inc legitimate?
Gan Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gan 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:
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Other Salaries and Wages: $959,340
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Official website here: www.gandaycare@verizon.net
What is the mission statement of Gan Day Care Center Inc?
Gan Day Care Center Inc's mission is to establish, manage, and operate a day care center. Their primary objective is to provide a suitable environment for the care of children. While the provided information does not detail their specific goals or the services they aim to offer beyond child care, it is implied that they strive to provide a nurturing and educational setting for the 156 children under their care.
Official website here: www.gandaycare@verizon.net
Who is the CEO of Gan Day Care Center Inc?
Joel Rosenfeld is the Treasurer of Gan Day Care Center Inc.
Official website here: www.gandaycare@verizon.net
What is the revenue of Gan Day Care Center Inc?
Gan Day Care Center Inc's revenue in 2022 was $3,293,627.
Official website here: www.gandaycare@verizon.net
Who are the executives of Gan Day Care Center Inc and what are their salaries?
The average compensation at Gan Day Care Center Inc during 2022 was $14,759. There are 65 employees at Gan Day Care Center Inc.
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Official website here: www.gandaycare@verizon.net
Where can I find the form 990 for Gan Day Care Center Inc?
Gan Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gandaycare@verizon.net
Learn more at the official website: www.gandaycare@verizon.net
Mission Statement of Gan Day Care Center Inc
Gan Day Care Center Inc, as a child day care organization, is committed to establishing, owning, and operating a day care center. This mission is centered around providing a nurturing environment for young children, allowing them to grow and learn under professional care. The New York City Department of Education, in fulfilling this mission, operates a day care center in Brooklyn, New York, catering to 156 children. The organization's focus is on ensuring the overall well-being and development of these children, offering them a safe and stimulating environment during their formative years.
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Impact
July, 2024
Gan Day Care Center Inc's impact is significant in providing quality care for 156 children in Brooklyn, NY. By owning and operating a day care center, they play a crucial role in supporting working families by offering a safe and nurturing environment for children. Their work directly contributes to the well-being and development of the children under their care, allowing parents to pursue their careers with peace of mind. Through their commitment to human services, Gan Day Care Center Inc is positively impacting the community by meeting the childcare needs of families and fostering a supportive environment for the children in their care.
This information is meant to be a general summary of Gan 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.
- Program Service Revenue: $2,487,916
- Gross Receipts: $3,293,627
Assets and Liabilities:
- Total Assets: $1,494,596
- Total Liabilities: $1,701,544
- Net Assets: -$206,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
3K-PRE K REVENUE
Revenue
$2,487,916
Organization Details
Founding Year
1972
Phone
(718) 435-1195Principal Officer
Joel Rosenfeld
Main Address
4206 -10 15TH AVENUE, BROOKLYN, NY, 11219
Website
www.gandaycare@verizon.netNTEE Category
Code: P33 - Human services
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