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Bedford Stuyvesant Early Childhood Development Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112428431 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bedford Stuyvesant Early Childhood Development Center?

The Bedford Stuyvesant Early Childhood Development Center is a nonprofit organization situated at 813 Hancock Street, Brooklyn, New York 11233. Its primary focus is on offering early childhood education to children aged between 3 and 5. The center is dedicated to promoting quality child development, ensuring the provision of nutritious meals, and conducting regular health checks for its participants. With a workforce of 88 employees, this institution plays a significant role in shaping the lives of young children in its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The Bedford Stuyvesant Early Childhood Development Center has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The charity's overall score is based solely on its excellent performance in accountability and finance, showcasing effective governance practices and transparency.

The organization boasts a fully independent board, which enhances its credibility and decision-making processes. Additionally, it has received perfect scores for its financial oversight and management practices, indicating that it operates with a high level of integrity and efficiency. The high program expense ratio of 92.71% suggests that a significant portion of its resources is dedicated directly to its mission, further underlining its commitment to serving the community.

No major limitations or issues have been noted in the data, which strengthens its standing as a reliable nonprofit entity. Overall, the Bedford Stuyvesant Early Childhood Development Center appears to be a well-managed organization, effectively utilizing its resources to support early childhood development initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Bedford Stuyvesant Early Childhood Development Center legitimate?

Bedford Stuyvesant Early Childhood Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bedford Stuyvesant Early Childhood Development Center 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: $3,857,361

For more financial information, click here

What is the mission statement of Bedford Stuyvesant Early Childhood Development Center?

The Bedford Stuyvesant Early Childhood Development Center's mission is centered around providing early childhood education to children within a specific age range. This organization is committed to promoting quality child development beyond just academics. Additionally, they offer nutritious meals and conduct regular health checks to ensure the overall well-being of the children enrolled in their programs. In essence, their goal is to foster an environment that supports the holistic development of young children, ensuring they start their educational journey on a strong footing.

Who is the CEO of Bedford Stuyvesant Early Childhood Development Center?

Colvin Grannum is the Chairperson of Bedford Stuyvesant Early Childhood Development Center.

What is the revenue of Bedford Stuyvesant Early Childhood Development Center?

Bedford Stuyvesant Early Childhood Development Center's revenue in 2022 was $8,394,036.

Who are the executives of Bedford Stuyvesant Early Childhood Development Center and what are their salaries?

The average compensation at Bedford Stuyvesant Early Childhood Development Center during 2022 was $43,834. There are 88 employees at Bedford Stuyvesant Early Childhood Development Center.


Here are 5 key members and their salaries:


Colvin W Grannum Esq (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Reid (Co-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Pinn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Knight (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcallister (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bedford Stuyvesant Early Childhood Development Center?

Bedford Stuyvesant Early Childhood Development Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bedford Stuyvesant Early Childhood Development Center

The Bedford Stuyvesant Early Childhood Development Center is dedicated to delivering high-quality early childhood education to children within a specific age range. Its mission is multifaceted, encompassing the promotion of optimal child development, the provision of nutritious meals, and regular health monitoring for the children enrolled in its programs. By offering these services, the center aims to foster a nurturing environment that supports the holistic growth and well-being of its young participants.

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Impact




July, 2024

Bedford Stuyvesant Early Childhood Development Center's impact can be seen in its dedication to providing early childhood education to children between the ages of 3 and 5. By promoting quality child development, offering hot meals, and monitoring the health of program participants, the center plays a crucial role in setting a strong foundation for the future academic and personal success of these young children. The center's holistic approach to early childhood education helps support both the educational and nutritional needs of the children in BROOKLYN, NY, making a meaningful impact in their lives.




This information is meant to be a general summary of Bedford Stuyvesant Early Childhood Development Center. 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.

Revenue
$8,394,036 (2022)
2011201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Expenses
$7,791,245 (2022)
2011201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Efficiency
20112011201220132014201520162017201820192020202120220%15%30%45%66%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $8,394,036

Assets and Liabilities:

  • Total Assets: $4,884,804
  • Total Liabilities: $2,702,252
  • Net Assets: $2,182,552

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Organization Details

Founding Year

1981

Principal Officer

Colvin Grannum

Main Address

813 HANCOCK STREET, BROOKLYN, NY, 11233

NTEE Category

Code: B22Z - Education

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