Overview
What is Malverne Afterschool Center Inc?
Malverne Afterschool Center Inc is a nonprofit organization, established in collaboration with the Malverne School District in New York, with a primary aim to offer secure and reasonably priced afterschool care for working parents' children. Situated at 55 Lindner Place, Malverne, NY 11565, this organization is dedicated to providing structured recreational and creative activities, homework assistance, and supervised individual and group activities for the children. The nonprofit's mission is to ensure a safe and engaging environment for these children during the afterschool hours, from 3 PM to 6 PM, and in the mornings, from 7:30 AM until school begins. With a team of 23 employees, Malverne Afterschool Center Inc plays a significant role in the community, offering children a nurturing and educational space outside of school hours.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Malverne Afterschool Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 82% overall, with the score derived entirely from its Accountability & Finance metrics. A significant component of this performance comes from its independent board composition and effective management of resources.
The organization boasts a fully independent board, demonstrating strong governance practices, as indicated by its perfect score in both board independence and size. Additionally, it has shown excellent handling of its financial statements and has no material diversion of assets, which speaks to its commitment to transparency and responsibility in its operations.
While the financial health indicators, such as a low liabilities-to-assets ratio and a high program expense ratio, reflect positively on its operational efficiency, the overall rating suggests that while the organization is performing well, there may be areas for further improvement to enhance its impact and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Malverne Afterschool Center Inc legitimate?
Malverne Afterschool Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malverne Afterschool 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: $45,143
Professional Fundraising Fees: $0
Other Salaries and Wages: $171,320
For more financial information, click here
What is the mission statement of Malverne Afterschool Center Inc?
The Malverne Afterschool Center Inc, as a non-profit organization, was established in collaboration with the Malverne School District to offer secure and economical afterschool and before-school care for working parents' children. Its primary objectives include providing structured recreational and creative activities, offering assistance with homework, and supervising individual and group activities for the children. The center aims to ensure a structured and engaging afterschool period for the children of the Malverne school district from 3 PM to 6 PM, and from 7:30 AM until school starts.
Who is the CEO of Malverne Afterschool Center Inc?
Evelyn Mejia is the President of Malverne Afterschool Center Inc.
What is the revenue of Malverne Afterschool Center Inc?
Malverne Afterschool Center Inc's revenue in 2022 was $602,275.
Who are the executives of Malverne Afterschool Center Inc and what are their salaries?
The average compensation at Malverne Afterschool Center Inc during 2022 was $9,411. There are 23 employees at Malverne Afterschool Center Inc.
Here are 9 key members and their salaries:
- Compensation: $45,143
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- Other: $0
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Where can I find the form 990 for Malverne Afterschool Center Inc?
Malverne Afterschool Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Malverne Afterschool Center Inc
Malverne Afterschool Center Inc, a non-profit organization, was established in collaboration with the Malverne School District with a primary mission to offer safe and affordable childcare services to working parents' children. The organization's primary objectives include providing structured recreational and creative activities, offering assistance with homework, and overseeing individual and group activities for the children during the afterschool hours from 3 PM to 6 PM and mornings from 7:30 AM until the commencement of school. By implementing these programs, Malverne Afterschool Center Inc aims to ensure a structured and engaging environment for the children, enabling them to utilize their time productively while their parents attend to their work commitments.
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Impact
July, 2024
Malverne Afterschool Center Inc plays a crucial role in providing safe and affordable childcare for the children of working parents in the Malverne School District. The organization's structured recreational and creative activities, homework assistance, and supervised individual and group activities have a direct impact on the well-being and development of these children. By offering before and after-school programs, as well as a summer camp, Malverne Afterschool Center Inc not only ensures the safety of the children but also enriches their lives with educational and engaging experiences. Their mission to provide adequate daily supervision during critical hours fills a vital gap for working parents, making a significant difference in the community.
This information is meant to be a general summary of Malverne Afterschool 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15
- Program Service Revenue: $358,674
- Gross Receipts: $602,275
Assets and Liabilities:
- Total Assets: $310,568
- Total Liabilities: $11,992
- Net Assets: $298,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFTERSCHOOL TUITION FEES
Revenue
$358,674
Organization Details
Founding Year
1986
Phone
(516) 887-7267Principal Officer
Evelyn Mejia
Main Address
55 LINDNER PLACE, MALVERNE, NY, 11565
NTEE Category
Code: B90 - Education
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