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Cinderella Day Care Center Inc

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

EIN: 113029004 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cinderella Day Care Center Inc?

Cinderella Day Care Center Inc is a nonprofit organization that primarily focuses on providing daycare services to approximately 34-37 children daily. This daycare center caters mainly to newly immigrated children, offering them an educational, tutorial, and social training environment. Their mission is to support the overall development of these children, ensuring they receive a well-rounded upbringing. The center's activities are centered around educational and social growth, aiming to prepare the children for their future endeavors.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Cinderella Day Care Center Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. The organization has a strong accountability and finance score of 73%, bolstered by having a fully independent board and no reported material diversion of assets. However, it falls short in several crucial governance policies, such as lacking a conflict of interest policy and a whistleblower policy, which are essential for transparency and ethical management.

Financially, the organization shows a commendable program expense ratio of 94.16%, suggesting that a significant portion of its funds is directed towards its mission. However, its liabilities to assets ratio of 61.65% raises some concerns about its financial stability. The absence of key documents on its website, including its tax form and retention policies, detracts from its accountability and could hinder trust among potential donors and stakeholders.

Overall, while Cinderella Day Care Center Inc demonstrates commitment in certain areas, the gaps in governance practices and financial documentation highlight the need for improvements to enhance trust and operational effectiveness. Addressing these limitations could significantly bolster the organization’s credibility and performance.


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

Is Cinderella Day Care Center Inc legitimate?

Cinderella Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cinderella 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:

Executive Compensation: $117,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,152

For more financial information, click here

What is the mission statement of Cinderella Day Care Center Inc?

Cinderella Day Care Center Inc's primary mission is to provide day care services. Beyond this, the center serves as an educational and social training ground for around 34 to 37 children daily, with a focus on those who are newly immigrated. The center aims to equip these children with essential skills and knowledge, fostering their overall development and integration into their new environment. The center's activities extend beyond day care, including tutorial sessions to enhance their academic performance.

Who is the CEO of Cinderella Day Care Center Inc?

Flora Sabel is the Exec. Direct of Cinderella Day Care Center Inc.

What is the revenue of Cinderella Day Care Center Inc?

Cinderella Day Care Center Inc's revenue in 2022 was $999,086.

Who are the executives of Cinderella Day Care Center Inc and what are their salaries?

The average compensation at Cinderella Day Care Center Inc during 2022 was $32,243. There are 16 employees at Cinderella Day Care Center Inc.


There is 1 key member and their salary:


Flora Sabel (Exec. Direct)
  • Compensation: $117,742
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cinderella Day Care Center Inc?

Cinderella Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cinderella Day Care Center Inc

Cinderella Day Care Center Inc, a children's day care facility, is committed to providing educational, tutorial, and social training services. Its primary focus is on serving around 34-37 daily clients, many of whom are recent immigrants. The center aims to create an environment that fosters learning and social development for these young individuals, offering them a supportive space during their formative years.

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Impact




July, 2024

Cinderella Day Care Center Inc's impact is significant in providing day care services for children in Brooklyn, NY. The center serves around 34-37 daily clients, many of whom are newly immigrated, by offering educational, tutorial, and social training. This helps support the children's development and integration into their new community. By providing a safe and nurturing environment, Cinderella Day Care Center plays a crucial role in supporting families and children in need, ultimately contributing to the overall well-being of the community.




This information is meant to be a general summary of Cinderella 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.

Revenue
$999,086 (2022)
Expenses
$1,118,606 (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: $42,547
  • Gross Receipts: $999,086

Assets and Liabilities:

  • Total Assets: $313,721
  • Total Liabilities: $193,440
  • Net Assets: $120,281

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Programs

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

DAY CARE CENTER FEES

Revenue

$42,547

Organization Details

Founding Year

1990

Principal Officer

Flora Sabel

Main Address

130 BRIGHTON 11TH STREET, BROOKLYN, NY, 11235

NTEE Category

Code: P33Z - Human services

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