Park Slope Child Care Collective Inc

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

EIN: 112500538 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Park Slope Child Care Collective Inc?

Park Slope Child Care Collective Inc, located at 186 Saint Johns Pl, Brooklyn, NY 11217, is a nonprofit organization dedicated to offering daycare services to a diverse community. They provide a nurturing and engaging environment for children aged 2 to 5, fostering their socio-emotional growth through play-based learning and child-centered curricula. The organization emphasizes holistic development, focusing on cognitive, emotional, social, and physical growth. With a staff of 18 individuals, the collective reflects and values the ethnic, racial, economic, and cultural diversity of the community, promoting understanding and respect among the children. The aim is to help each child recognize their commonalities while appreciating their unique qualities, thereby enhancing their socio-emotional skills.


Official website here: www.psccc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Park Slope Child Care Collective Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The high score reflects the organization’s commitment to transparency and responsible financial management, with a particular strength in maintaining a majority of independent board members and having robust oversight policies in place.

The nonprofit's financial statements are well-audited, and it exhibits a strong program expense ratio at 83.61%, which signifies that a large portion of its funds goes directly to programs rather than administrative costs. The organization has also demonstrated adherence to best practices by having clear policies for conflict of interest, whistleblower protections, and document retention.

However, the rating indicates a concern with the liabilities to assets ratio, which scored only 1 out of 15 points. This suggests potential financial risk that may need to be addressed for long-term sustainability. Overall, while the Park Slope Child Care Collective Inc shows many strengths, attention to its financial liabilities may enhance its stability and public trust.


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

Is Park Slope Child Care Collective Inc legitimate?

Park Slope Child Care Collective Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Slope Child Care Collective 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: $356,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,929

For more financial information, click here


Official website here: www.psccc.org

What is the mission statement of Park Slope Child Care Collective Inc?

Park Slope Child Care Collective Inc's mission is centered around providing day care to a diverse community of children aged 2 to 5. This is done in a nurturing, engaging, and supportive educational environment that emphasizes their socio-emotional development. The collective strives to create an inclusive atmosphere where children can recognize their commonalities while respecting their unique differences, thereby fostering their social and emotional skills. The approach incorporates play-based learning and caters to the holistic growth of each child, addressing their social, emotional, cognitive, and physical needs. The collective student body mirrors the community's ethnic, racial, economic, and cultural diversity, promoting understanding and acceptance among the young learners.


Official website here: www.psccc.org

What is the revenue of Park Slope Child Care Collective Inc?

Park Slope Child Care Collective Inc's revenue in 2023 was $1,601,901.


Official website here: www.psccc.org

Who are the executives of Park Slope Child Care Collective Inc and what are their salaries?

The average compensation at Park Slope Child Care Collective Inc during 2023 was $51,051. There are 17 employees and 86 volunteers at Park Slope Child Care Collective Inc.

Here are 13 key members and their salaries:


Martha Foote (Director)
  • Compensation: $99,814
  • Related: $0
  • Other: $0
Camille Trotman (Executive Dir.)
  • Compensation: $90,000
  • Related: $0
  • Other: $0
Lauren Engel (Oper. Manager)
  • Compensation: $62,638
  • Related: $0
  • Other: $0
Elizabeth Jimenez (Teacher Rep.)
  • Compensation: $58,086
  • Related: $0
  • Other: $0
Olive Wallace (Teacher Rep.)
  • Compensation: $46,399
  • Related: $0
  • Other: $0
Karina Mangu-Ward (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Messler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anika Smiley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anneka Werner-Gavrin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Rivera (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Cohen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Day (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rufina Litvak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.psccc.org

Where can I find the form 990 for Park Slope Child Care Collective Inc?

Park Slope Child Care Collective Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.psccc.org

Learn more at the official website: www.psccc.org

Mission Statement of Park Slope Child Care Collective Inc

Park Slope Child Care Collective Inc is committed to providing a nurturing and engaging environment for the young children of working parents. Their mission is centered around offering day care to a diverse community in a loving, caring, and supportive educational setting, focusing on the socio-emotional development of children aged 2 to 5. The collective emphasizes play-based learning, promoting the overall growth of each child, encompassing their social, emotional, cognitive, and physical development. The student body reflects the ethnic, racial, economic, and cultural diversity of the community, fostering an environment where children learn to appreciate their similarities and respect their unique differences, thereby enhancing their socio-emotional skills.

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Impact




July, 2024

Park Slope Child Care Collective Inc's impact lies in providing a nurturing and engaging environment for young children of working parents. They focus on the socio-emotional development of children ages 2-5 through play-based learning, whole-child development, and child-centered curricula. By reflecting the diversity of the community in their student body, the organization helps children recognize commonalities while appreciating what makes each individual unique, thereby fostering their socio-emotional skills. This approach contributes to the socio-emotional well-being and overall development of the children they serve in Brooklyn, NY.




This information is meant to be a general summary of Park Slope Child Care Collective 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.

Revenue
$1,601,901 (2023)
Expenses
$1,380,568 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $19,463
  • Program Service Revenue: $1,080,483
  • Gross Receipts: $1,601,901

Assets and Liabilities:

  • Total Assets: $726,080
  • Total Liabilities: $573,050
  • Net Assets: $153,030

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Programs

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

TUITION FEES

Revenue

$1,080,483

Organization Details

Founding Year

1979

Principal Officer

Camille Trotman

NTEE Category

Code: P33 - Human services

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