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Bushwick Improvement Society Inc Stagg Street Center For Children

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

EIN: 112478788 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bushwick Improvement Society Inc Stagg Street Center For Children?

Bushwick Improvement Society Inc's Stagg Street Center for Children is a nonprofit organization situated in Brooklyn, New York, specifically at 77-83 Stagg Street. Their primary mission is to offer affordable, high-quality early education services to families in financial need within the Bushwick community. The center serves children between the ages of 2 and 6, with afterschool services available for children up to 10 years old. Funding for this program comes mainly from the New York City Department of Education's Division for Early Childhood Education. The center is contracted to serve up to 43 students and their families, with a team of 16 dedicated employees.


Official website here: www.bis-inc.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Bushwick Improvement Society Inc Stagg Street Center For Children has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The score reflects a high level of transparency and effective management, with a perfect score in several key areas, including independent board membership and financial oversight.

The organization boasts a fully independent board, which is a positive indicator of governance quality. With no material diversion of assets reported and comprehensive policies in place regarding conflict of interest and whistleblowing, the society demonstrates a robust ethical framework. Additionally, a significant portion of its expenses is directed towards programs, enhancing its impact in the community.

While the overall rating highlights excellent financial health and accountability, the score is based solely on financial metrics. This focus may not fully capture other important aspects of the organization’s impact and effectiveness in serving children in the Bushwick area. Nevertheless, the strong financial standing positions the society well for ongoing support and sustainability.


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

Is Bushwick Improvement Society Inc Stagg Street Center For Children legitimate?

Bushwick Improvement Society Inc Stagg Street Center For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bushwick Improvement Society Inc Stagg Street Center For Children 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: $324,959

For more financial information, click here


Official website here: www.bis-inc.org

What is the mission statement of Bushwick Improvement Society Inc Stagg Street Center For Children?

The Bushwick Improvement Society Inc's Stagg Street Center for Children is dedicated to providing high-quality, affordable child care and early education services to families in need within the Bushwick community of Brooklyn, New York. The center primarily operates under an agreement with the NYC Department of Education, offering subsidized education services to children aged 2 to 6 years old. This includes afterschool care for children up to 10 years old. The center's primary funding comes from the New York City Department of Education's Division for Early Childhood Education, enabling it to serve up to 43 students and their families.


Official website here: www.bis-inc.org

Who is the CEO of Bushwick Improvement Society Inc Stagg Street Center For Children?

Irma Varner is the President of Bushwick Improvement Society Inc Stagg Street Center For Children.


Official website here: www.bis-inc.org

What is the revenue of Bushwick Improvement Society Inc Stagg Street Center For Children?

Bushwick Improvement Society Inc Stagg Street Center For Children's revenue in 2022 was $1,631,652.


Official website here: www.bis-inc.org

Who are the executives of Bushwick Improvement Society Inc Stagg Street Center For Children and what are their salaries?

The average compensation at Bushwick Improvement Society Inc Stagg Street Center For Children during 2022 was $20,310. There are 16 employees and 8 volunteers at Bushwick Improvement Society Inc Stagg Street Center For Children.


Here are 8 key members and their salaries:


Irma Varner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katurah Carr (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Duclair (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Barnes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Peaks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fannie Watts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anjave Barnes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred De La Cuadra (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bis-inc.org

Where can I find the form 990 for Bushwick Improvement Society Inc Stagg Street Center For Children?

Bushwick Improvement Society Inc Stagg Street Center For Children's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bis-inc.org

Learn more at the official website: www.bis-inc.org

Mission Statement of Bushwick Improvement Society Inc Stagg Street Center For Children

Bushwick Improvement Society Inc's Stagg Street Center for Children is committed to providing high-quality, affordable child care and early education services to families in the Bushwick community of Brooklyn, New York. Their primary mission, as stated, is to serve poor and working families by offering subsidized early education services to children aged between 2 and 6 years old. This encompasses both full-day and afterschool care for children up to 10 years old. The organization's activities are primarily funded by the New York City Department of Education's Division for Early Childhood Education, under a contract that allows them to serve up to 43 students and their families. By offering these services, Bushwick Improvement Society Inc's Stagg Street Center for Children aims to support the growth and development of young children in the Bushwick community, providing them with a solid foundation for their future education and personal growth.

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Impact




July, 2024

The Bushwick Improvement Society Inc Stagg Street Center For Children has a significant impact in providing high-quality, low-cost child care and early education services to poor and working families in the Bushwick community of Brooklyn, New York. They offer Birth-To-Five education services to children ages 2 to 6 years old, as well as afterschool services for children up to 10 years old. The program is primarily funded by the New York City Department of Education, Division for Early Childhood Education, and is contracted to serve up to 43 students and their families. Their mission is to provide subsidized high-quality early education services to children and their families in Bushwick, Brooklyn, primarily under an agreement with the NYC Department of Education.




This information is meant to be a general summary of Bushwick Improvement Society Inc Stagg Street Center For Children. 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
$1,631,652 (2022)
Expenses
$988,999 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $24,536
  • Gross Receipts: $1,631,652

Assets and Liabilities:

  • Total Assets: $556,566
  • Total Liabilities: $69,442
  • Net Assets: $487,124

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Parent's fees

Revenue

$24,536

Organization Details

Founding Year

1969

Principal Officer

Irma Varner

Main Address

77-83 Stagg Street, Brooklyn, NY, 11206

NTEE Category

Code: P330 - Human services

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