Overview
What is Brooklyn Chinese-American Association Inc?
The Brooklyn Chinese-American Association Inc is a nonprofit organization with a mission to serve the Asian-American communities of Brooklyn. Situated at 601 60th Street in the bustling neighborhood of Brooklyn, New York, they provide essential child care services. Their comprehensive programs encompass day care and summer activities, catering to pre-school children from low-income families. As a multifaceted social services organization, they extend a helping hand to this community, ensuring children receive the support they need for their early development. With a dedicated team of 479 employees, the Association is committed to making a positive impact on the lives of Asian-American families in Brooklyn.
Official website here: www.bca.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Brooklyn Chinese-American Association Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. With a score of 96%, the organization demonstrates a high level of financial health and transparency, which is vital for building trust with donors and stakeholders.
The nonprofit excels in several key areas, including having a fully independent board and a strong audit oversight committee. It has implemented robust policies regarding conflict of interest, whistleblower protection, and document retention, indicating a commitment to ethical governance. Furthermore, its program expense ratio of 94.10% shows that a significant portion of its funds is directed towards its programs, maximizing impact.
While the organization has received high marks in all evaluated categories, potential donors may want to explore the specific programs and services offered to better understand how the funds are utilized. Overall, the strong accountability measures in place position the Brooklyn Chinese-American Association Inc as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn Chinese-American Association Inc legitimate?
Brooklyn Chinese-American Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Chinese-American Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,339,532
For more financial information, click here
Official website here: www.bca.net
What is the mission statement of Brooklyn Chinese-American Association Inc?
The Brooklyn Chinese-American Association Inc is a multifaceted organization dedicated to serving the Asian-American communities in Brooklyn. This non-profit entity provides a range of social services to cater to the needs of its community members. One of its key programs includes child care, encompassing day care and summer programs, specifically for children from low-income families. By offering these essential services, the organization aims to support and empower Asian-American families, contributing to their overall well-being and development. Additionally, it provides a vital safety net for families who require assistance, allowing them to focus on other aspects of their lives.
Official website here: www.bca.net
Who is the CEO of Brooklyn Chinese-American Association Inc?
Paul Mak is the President/Ce of Brooklyn Chinese-American Association Inc.
Official website here: www.bca.net
What is the revenue of Brooklyn Chinese-American Association Inc?
Brooklyn Chinese-American Association Inc's revenue in 2022 was $18,254,313.
Official website here: www.bca.net
Who are the executives of Brooklyn Chinese-American Association Inc and what are their salaries?
The average compensation at Brooklyn Chinese-American Association Inc during 2022 was $19,498. There are 479 employees and 181 volunteers at Brooklyn Chinese-American Association Inc.
Here are 9 key members and their salaries:
- Compensation: $221,000
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- Compensation: $165,941
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- Other: $0
Official website here: www.bca.net
Where can I find the form 990 for Brooklyn Chinese-American Association Inc?
Brooklyn Chinese-American Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bca.net
Learn more at the official website: www.bca.net
Mission Statement of Brooklyn Chinese-American Association Inc
The Brooklyn Chinese-American Association Inc is a prominent social services organization that caters to the Asian-American communities in Brooklyn. This esteemed organization is dedicated to making a positive impact on the lives of individuals and families within this community.
At its core, the Brooklyn Chinese-American Association Inc functions as a multifaceted organization, offering essential services to those in need. One of its most significant initiatives includes the provision of child care programs. These programs encompass day care services and summer programs, which cater to pre-school children hailing from low-income families. By offering these vital services, the organization enables parents to maintain employment or pursue educational opportunities, thereby empowering them to improve their economic situation and secure a brighter future for their families.
Furthermore, the Brooklyn Chinese-American Association Inc's mission extends beyond the realm of child care. It is committed to addressing the unique needs of the Asian-American population in Brooklyn and creating an inclusive and supportive environment for all members of this diverse community. By offering a range of social services, the organization fosters a sense of unity and strength among its constituents, ultimately contributing to a more vibrant and resilient community.
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Impact
October, 2024
Brooklyn Chinese-American Association Inc significantly impacts the Asian-American communities in Brooklyn by providing vital social services tailored to their unique needs. The organization focuses on essential child care programs, including day care and summer programs specifically designed for preschool children from low-income families. By offering these services, it ensures that children receive quality early education and care, which is crucial for their development and future success.
Additionally, the organization fosters community support and engagement among Asian-Americans in Brooklyn, addressing cultural and social barriers. Its multi-faceted approach not only aids individual families but also enhances the overall well-being of the community, promoting inclusivity and integration while recognizing the diverse cultural backgrounds of the families it serves. This proactive support system empowers families, helping them to overcome challenges and build a foundation for a brighter future.
This information is meant to be a general summary of Brooklyn Chinese-American Association 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.
- Investment Income: $2,061
- Program Service Revenue: $112,373
- Gross Receipts: $18,254,313
Assets and Liabilities:
- Total Assets: $18,488,725
- Total Liabilities: $3,802,151
- Net Assets: $14,686,574
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE SERVICES
Revenue
$112,373
Organization Details
Founding Year
1988
Phone
(718) 765-1110Principal Officer
Paul Mak
Main Address
601 60TH STREET, BROOKLYN, NY, 11220
Website
www.bca.netNTEE Category
Code: P840 - Human services
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