Overview
What is The Friends Of Crown Heights Educational Centers Inc?
The Friends of Crown Heights Educational Centers Inc is a prominent nonprofit organization based in New York City, currently operating the largest number of contracted child care and early childhood education programs under the new Birth-to-Five system managed by the NYC Department of Education. They oversee 21 fully funded programs across Brooklyn, Manhattan, and Staten Island, serving a combined total of 1,284 children. Their programs provide year-round, center-based services for children aged three months to four years, ensuring high-quality, developmentally appropriate education, and a multicultural curriculum. All programs are licensed by the New York City Department of Health and Mental Hygiene and staffed by state-certified, multilingual teachers and providers. The organization offers free nutritious meals, snacks, and community resources such as dental and medical screenings, in addition to a robust family engagement component, enabling families to take an active role in their children's education. Their comprehensive programs have surpassed performance outcomes set by their funding agencies and received widespread recognition within the child care and early childhood education sector.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star Rating)
The Friends Of Crown Heights Educational Centers Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. An outstanding feature of the organization is its commitment to transparency, evidenced by its independent board composition and the absence of any material diversion of assets. The charity has also scored high on its financial oversight mechanisms, showcasing a well-structured audit and oversight committee.
The organization demonstrates a strong program expense ratio of 91.24%, indicating that a significant portion of its expenses is directed towards its educational programs. This focus on programmatic spending aligns with its mission to support educational initiatives in the Crown Heights community. In addition, the presence of comprehensive policies, such as conflict of interest and whistleblower policies, further underscores its commitment to ethical governance.
However, the charity's liabilities to assets ratio of 75.64% indicates potential financial risk, as this ratio is a key indicator of an organization's financial health. While the organization maintains strong governance practices, this high ratio suggests that the charity may need to address its liabilities to ensure long-term sustainability. Overall, The Friends Of Crown Heights Educational Centers Inc appears to be a reliable nonprofit with a strong focus on education and governance, but with a need to manage its financial liabilities more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Friends Of Crown Heights Educational Centers Inc legitimate?
The Friends Of Crown Heights Educational Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of Crown Heights Educational Centers 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: $1,038,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,160,466
For more financial information, click here
What is the mission statement of The Friends Of Crown Heights Educational Centers Inc?
The Friends of Crown Heights Educational Centers Inc is dedicated to providing a safe, affordable, and comprehensive program of high-quality early childhood education, parental and family support, academic enrichment, and recreational programs. Under the new York City Birth-to-Five system, they are currently the largest not-for-profit provider of contracted child care and early childhood education services. Their programs serve a combined enrollment of 1,284 children in Brooklyn, Manhattan, and Staten Island, with year-round, center-based services of up to 10 hours per day for children aged three months to four years old. All programs are licensed by the New York City Department of Health and Mental Hygiene and staffed by state-certified, multilingual teachers and providers. Children receive a high-quality and developmentally appropriate education, free daily nutritious meals and snacks prepared on site, and access to community resources. The organization also prioritizes family engagement, empowering families to participate fully in their children's education. Their programs have consistently surpassed performance outcomes and earned widespread commendation from funders and fellow providers.
Who is the CEO of The Friends Of Crown Heights Educational Centers Inc?
Vaughan Toney is the President/Ce of The Friends Of Crown Heights Educational Centers Inc.
What is the revenue of The Friends Of Crown Heights Educational Centers Inc?
The Friends Of Crown Heights Educational Centers Inc's revenue in 2022 was $48,871,953.
Who are the executives of The Friends Of Crown Heights Educational Centers Inc and what are their salaries?
The average compensation at The Friends Of Crown Heights Educational Centers Inc during 2022 was $37,538. There are 618 employees and 5 volunteers at The Friends Of Crown Heights Educational Centers Inc.
Here are 11 key members and their salaries:
- Compensation: $375,000
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- Other: $0
- Compensation: $164,000
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- Compensation: $151,553
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- Compensation: $120,000
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- Other: $0
- Compensation: $120,000
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- Other: $0
- Compensation: $107,692
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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 The Friends Of Crown Heights Educational Centers Inc?
The Friends Of Crown Heights Educational Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Friends Of Crown Heights Educational Centers Inc
The Friends of Crown Heights Educational Centers, Inc., is a leading not-for-profit organization dedicated to providing a safe, affordable, and comprehensive program of high-quality early childhood education, parental and family support, academic enrichment, and recreational programs. In the newly reformed Birth-to-Five system managed by the New York City Department of Education (DOE), this organization is the largest contracted child care and early childhood education service provider.
Currently, The Friends of Crown Heights Educational Centers operates 21 fully funded early care and education programs across Brooklyn, Manhattan, and Staten Island, serving a combined enrollment of 1,284 children in pre-school and infant/toddler programs. These programs offer year-round, center-based services of up to 10 hours per day for children aged three months to four years old. All of the programs are licensed by the New York City Department of Health and Mental Hygiene (DOHMH) and staffed by state-certified, multilingual teachers and providers implementing a multicultural curriculum.
In these programs, children receive a high-quality and developmentally appropriate education, free daily nutritious meals and snacks prepared on site, and access to community resources such as free dental and medical screenings. The organization's family engagement component empowers families to participate fully in their children's education. These programs have consistently surpassed the performance outcomes set by their funding agencies and earned widespread commendation from both their funders and fellow providers in the child care and early childhood education sector.
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Impact
October, 2024
The Friends Of Crown Heights Educational Centers Inc has made a significant impact on early childhood education in New York City, particularly in Brooklyn, Manhattan, and Staten Island. By operating 21 fully funded early care and education programs, the organization serves 1,284 children aged three months to four years, providing a safe and nurturing environment that fosters healthy development.
Through its high-quality, developmentally appropriate educational programs, children receive not only rigorous academic preparation but also essential support services, including free daily nutritious meals and access to health screenings. These components ensure that families are not only engaged in their children's education but also supported in various critical aspects of their lives.
The organization emphasizes inclusivity by implementing a multicultural curriculum delivered by state-certified, multilingual educators, thereby catering to the diverse backgrounds of the children it serves. By exceeding performance outcomes set by funding agencies, the Friends Of Crown Heights has garnered recognition and appreciation from fellow educators and funders alike, showcasing its effectiveness in enhancing the quality and accessibility of early childhood education.
In addition to providing educational services, the Friends Of Crown Heights fosters vital family engagement, empowering parents to take an active role in their children's learning journey. This holistic approach contributes significantly to the socio-economic integration and well-being of families, making a lasting impact on the community. Overall, the organization stands out as a vital resource, ensuring that all children have the opportunity to thrive in their early years.
This information is meant to be a general summary of The Friends Of Crown Heights Educational Centers 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: $1,223,647
- Gross Receipts: $48,871,953
Assets and Liabilities:
- Total Assets: $18,556,102
- Total Liabilities: $7,833,397
- Net Assets: $10,722,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$1,216,147
DONATION
Revenue
$7,500
Organization Details
Founding Year
1986
Phone
(718) 638-8686Principal Officer
Vaughan Toney
Main Address
671 PROSPECT PLACE, BROOKLYN, NY, 11216
NTEE Category
Code: P330 - Human services
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