Overview
What is Nicholas Cardell Day Care Center Inc?
Nicholas Cardell Day Care Center Inc is a nonprofit organization situated in New York City, specifically at 84 Vermilyea Avenue, New York, NY 10034. Their primary mission is to offer high-quality, affordable child care services to families who fall under the categories of poor and working class. The organization, funded by the NYC Department of Education's Division of Early Childhood Education, operates both a day care program for children ages 2 to 6 and an afterschool program for children aged 5 to 12. Their goal is to cater to the needs of 60 students within the Washington Heights community of Manhattan. The center employs a team of 15 individuals, ensuring they can provide consistent, nurturing care for the children under their charge.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Nicholas Cardell Day Care Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of financial health and organizational transparency. With an overall score of 79%, the nonprofit demonstrates strong accountability and finance practices, ensuring that funds are used effectively to support its mission. The organization boasts a fully independent board, which is crucial for maintaining integrity and oversight.
The center excels in financial management, evidenced by a program expense ratio of 84.09%, meaning a significant portion of its budget directly supports its programs. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further underscores its commitment to good governance and ethical practices.
While the rating reflects positive aspects of the organization, it falls short of the highest ratings, which may suggest areas for improvement in operational efficiency or fundraising strategies. Overall, the Nicholas Cardell Day Care Center Inc appears to be a trustworthy organization making a meaningful impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Nicholas Cardell Day Care Center Inc legitimate?
Nicholas Cardell Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nicholas Cardell 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: $93,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,067
For more financial information, click here
What is the mission statement of Nicholas Cardell Day Care Center Inc?
The Nicholas Cardell Day Care Center Inc is committed to providing high-quality, affordable childcare services to families in need, specifically residing in the Washington Heights community of Manhattan. Their mission is centered around catering to poor and working families, ensuring their children receive a nurturing environment during their formative years. The daycare program is designed for children aged between 2 and 6 years, while an afterschool program is available for children aged 5 to 12. The center's operations are funded by the NYC Department of Education's Division of Early Childhood Education, with a contract to serve up to 60 students from economically disadvantaged backgrounds.
Who is the CEO of Nicholas Cardell Day Care Center Inc?
Faviola Martinez is the Education Director of Nicholas Cardell Day Care Center Inc.
What is the revenue of Nicholas Cardell Day Care Center Inc?
Nicholas Cardell Day Care Center Inc's revenue in 2022 was $1,077,976.
Who are the executives of Nicholas Cardell Day Care Center Inc and what are their salaries?
The average compensation at Nicholas Cardell Day Care Center Inc during 2022 was $42,227. There are 15 employees and 5 volunteers at Nicholas Cardell Day Care Center Inc.
Here are 6 key members and their salaries:
- Compensation: $93,336
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Nicholas Cardell Day Care Center Inc?
Nicholas Cardell Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nicholas Cardell Day Care Center Inc
Nicholas Cardell Day Care Center Inc is committed to providing high-quality, affordable child care services to families in need within the Washington Heights community of Manhattan. Their mission is centered around assisting poor and working families, ensuring their children receive a nurturing environment during the day and after school hours. Funded by the NYC Department of Education's Division of Early Childhood Education, this nonprofit organization contracts to serve up to 60 children, providing them with educational programs and support.
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Impact
August, 2024
Nicholas Cardell Day Care Center Inc has a significant impact on the Washington Heights community in Manhattan by providing high-quality, low-cost child care services to families in need. By offering a day care program for children ages 2 to 6 years old and an afterschool program for children ages 5 to 12, the center serves up to 60 students from poor and working-class families. This initiative is funded by the NYC Department of Education, Division of Early Childhood Education, ensuring that children from disadvantaged backgrounds have access to essential early childhood education and care. The center's mission to support and uplift vulnerable families in the community is vital in promoting equity and providing support to those who need it the most.
This information is meant to be a general summary of Nicholas Cardell 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: $15,061
- Gross Receipts: $1,077,976
Assets and Liabilities:
- Total Assets: $175,144
- Total Liabilities: $151,710
- Net Assets: $23,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parent's fees
Revenue
$10,247
Organization Details
Founding Year
1971
Phone
(212) 942-6757Principal Officer
Faviola Martinez
Main Address
84 Vermilyea Avenue, New York, NY, 10034
NTEE Category
Code: P33Z - Human services
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