Overview
What is 1332 Fulton Avenue Day Care Center Inc?
1332 Fulton Avenue Day Care Center Inc is a nonprofit organization situated in the Bronx, New York, specifically at 1332 FULTON AVENUE. Their primary mission is to offer a nurturing learning environment for children aged 2 to 5, aiming to foster their social, intellectual, physical, and emotional growth in a manner suitable to their age and developmental stage. Towards this goal, they focus on promoting social compliance and school readiness. The organization carries out its activities through contracts with the City of New York's Administration for Children's Services (ACS) and the New York State Department of Health's Food Program (CACFP). In the fiscal year ending June 30, 2022, they served approximately 53 children. With a team of 54 dedicated individuals, the center provides early learning services to support the holistic development of young children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
The 1332 Fulton Avenue Day Care Center Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial health. The organization exhibits strong governance features, with 100% of its board members being independent and a solid program expense ratio of 87.41%, which suggests that a significant portion of its expenses is directed towards its programs rather than administrative costs.
However, the organization's financial stability raises some red flags, notably reflected in its liabilities to assets ratio of 82.80%, which indicates high financial risk. While it demonstrates accountability in areas such as board independence and thorough documentation, the overall financial health could benefit from improvement to enhance sustainability and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is 1332 Fulton Avenue Day Care Center Inc legitimate?
1332 Fulton Avenue Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1332 Fulton Avenue 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,973,405
For more financial information, click here
What is the mission statement of 1332 Fulton Avenue Day Care Center Inc?
The mission of 1332 Fulton Avenue Day Care Center Inc is centered around providing a nurturing environment for children, facilitating their social, intellectual, physical, and emotional development. This is done in a manner appropriate to their age and stage of development, with the ultimate objective of promoting social compliance and preparing them for school. The center aims to contribute to the overall development of the children, helping them grow into responsible individuals. They achieve this by offering varied experiences and learning opportunities that cater to the children's unique needs.
Who is the CEO of 1332 Fulton Avenue Day Care Center Inc?
Gloria A Alston is the Chair Person of 1332 Fulton Avenue Day Care Center Inc.
What is the revenue of 1332 Fulton Avenue Day Care Center Inc?
1332 Fulton Avenue Day Care Center Inc's revenue in 2022 was $3,157,613.
Who are the executives of 1332 Fulton Avenue Day Care Center Inc and what are their salaries?
The average compensation at 1332 Fulton Avenue Day Care Center Inc during 2022 was $36,545. There are 54 employees and 15 volunteers at 1332 Fulton Avenue Day Care Center Inc.
Here are 6 key members and their salaries:
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- Compensation: $100,951
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- Other: $6,135
Where can I find the form 990 for 1332 Fulton Avenue Day Care Center Inc?
1332 Fulton Avenue Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1332 Fulton Avenue Day Care Center Inc
1332 Fulton Avenue Day Care Center Inc is committed to providing a nurturing environment for children, aiming to foster their social, intellectual, physical, and emotional development. The organization strives to tailor these experiences to each child's age and developmental stage, with the ultimate objective of promoting compliance and readiness for school. By offering a diverse range of activities, 1332 Fulton Avenue Day Care Center Inc aims to prepare children for society in a comprehensive manner.
In line with its mission, the nonprofit primarily collaborates with the City of New York's Administration for Children's Services (ACS), providing early learning services to children aged between 2 and 5. Beyond this, the center also operates the Child and Adult Care Food Program (CACFP), which is funded by the New York State Department of Health. During the fiscal year ending June 30, 2022, the organization served approximately 53 children, demonstrating its commitment to supporting young learners.
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Impact
August, 2024
1332 Fulton Avenue Day Care Center Inc's impact is significant in providing children with a comprehensive learning environment that fosters their social, intellectual, physical, and emotional development. By offering a range of experiences tailored to the children's age and developmental stage, the center plays a crucial role in preparing them for social compliance and school readiness. With a focus on early learning services for children ages 2 to 5, the organization serves a vital role in the community, particularly in the Bronx, NY. Through its commitment to supporting children's growth and well-being, 1332 Fulton Avenue Day Care Center Inc positively impacts the lives of approximately 53 children, ensuring they have access to quality care and education during their formative years.
This information is meant to be a general summary of 1332 Fulton Avenue 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,537
- Gross Receipts: $3,157,613
Assets and Liabilities:
- Total Assets: $759,921
- Total Liabilities: $896,823
- Net Assets: -$136,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$1,537
TUITION
Organization Details
Founding Year
1971
Phone
(718) 378-1330Principal Officer
Gloria A Alston
Main Address
1332 FULTON AVENUE, BRONX, NY, 10456
NTEE Category
Code: P33Z - Human services
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