Overview
What is East Tremont Child Care & Development Center Inc?
East Tremont Child Care & Development Center Inc is a nonprofit organization situated in the Bronx community. Their primary mission is to offer childcare services, particularly focusing on economically disadvantaged children. Their programs encompass the Child Care Food Program (CCFP) and their standard Child Care program. By providing these services, the center aims to contribute positively to the lives of children in the Bronx area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
East Tremont Child Care & Development Center Inc has earned a three-star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The overall score is entirely derived from its accountability and finance metrics, which indicates a strong commitment to ethical practices and financial transparency, essential for any nonprofit organization.
The organization displays exemplary governance, with 100% of its board members being independent, ensuring impartiality in decision-making. It also has robust audit practices in place, as evidenced by a high score in its financial statements' oversight. Furthermore, the program expense ratio is notably high at 99.15%, indicating that a significant portion of its budget is directed towards its core mission of child care and development.
However, the organization does face a challenge with its liabilities to assets ratio, scoring 0 out of 15 points in this category, which suggests potential financial risks that could affect long-term sustainability. Despite this, the presence of comprehensive policies for conflict of interest, whistleblower protections, and document retention enhance its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is East Tremont Child Care & Development Center Inc legitimate?
East Tremont Child Care & Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Tremont Child Care & Development 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: $361,050
For more financial information, click here
What is the mission statement of East Tremont Child Care & Development Center Inc?
East Tremont Child Care & Development Center Inc's mission is centered around providing childcare services. Specifically, their mission is to cater to economically disadvantaged children in the community. They accomplish this through various programs, including the Child Care food program cacfp and their Child Care program. The center's goal is to offer a supportive environment for children from less fortunate backgrounds, ensuring they receive the necessary care and attention they need.
Who is the CEO of East Tremont Child Care & Development Center Inc?
Debora Jones is the Board Chair of East Tremont Child Care & Development Center Inc.
What is the revenue of East Tremont Child Care & Development Center Inc?
East Tremont Child Care & Development Center Inc's revenue in 2021 was $644,011.
Who are the executives of East Tremont Child Care & Development Center Inc and what are their salaries?
The average compensation at East Tremont Child Care & Development Center Inc during 2021 was $19,264. There are 18 employees at East Tremont Child Care & Development Center Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for East Tremont Child Care & Development Center Inc?
East Tremont Child Care & Development Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of East Tremont Child Care & Development Center Inc
East Tremont Child Care & Development Center, a nonprofit organization, is committed to providing childcare services to the community, with a particular focus on economically disadvantaged children in the Bronx. The center's mission is to offer these children a nurturing environment where they can grow and learn, ensuring they have the best possible start in life. Through its various programs, such as the Child Care food program cacfp and the Child Care program, East Tremont Child Care & Development Center works tirelessly to support the needs of these children, providing them with the care and attention they require to thrive. The center's dedication to its mission is reflected in its commitment to serving the community and ensuring that every child has access to quality childcare services, regardless of their economic background.
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Impact
July, 2024
East Tremont Child Care & Development Center Inc plays a vital role in the Bronx community by offering crucial childcare services to economically disadvantaged children. Through their programs such as the Child Care food program and general Child Care program, they provide a safe and nurturing environment for children in need. By focusing on this mission, the center helps support families and contribute to the overall well-being of the Bronx community.
This information is meant to be a general summary of East Tremont Child Care & Development 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 2021.
- Gross Receipts: $644,011
Assets and Liabilities:
- Total Assets: $121,676
- Total Liabilities: $118,791
- Net Assets: $2,885
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Organization Details
Founding Year
1972
Phone
(718) 731-4166Principal Officer
Debora Jones
Main Address
1811 CROTONA AVE, Bronx, NY, 10457
NTEE Category
Code: P33Z - Human services
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