Overview
What is Labor Bathgate Community Child Care Center Inc?
Labor Bathgate Community Child Care Center Inc, situated in Bronx, New York, is a dedicated child daycare center. Its primary objective is to provide a nurturing environment for children through operating a child care center. The center is committed to ensuring the well-being and development of the children under its care, serving as a vital resource for the local community. The mission of Labor Bathgate Community Child Care Center Inc remains focused on providing a safe and stimulating environment for children, allowing them to grow and learn.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Labor Bathgate Community Child Care Center Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The overall score is derived solely from the Accountability & Finance beacon, highlighting the organization's commitment to transparency and responsible financial management.
The nonprofit demonstrates several strengths, including a fully independent board, as evidenced by a perfect score in this area, and high marks for its financial statements, which are audited. Additionally, the organization has a solid program expense ratio of 88.17%, indicating that a significant portion of its budget is directed towards its mission-related activities.
However, the center's liabilities to assets ratio is a noted area of concern, scoring only 1 out of 15 points, which suggests potential financial vulnerabilities. While the charity has effective governance policies and practices in place, attention may be needed to address its liability management to improve overall financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Labor Bathgate Community Child Care Center Inc legitimate?
Labor Bathgate Community Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Labor Bathgate Community Child 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: $593,076
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What is the mission statement of Labor Bathgate Community Child Care Center Inc?
The Labor Bathgate Community Child Care Center Inc, as a child daycare center, is committed to the operation of a child care facility. Their mission is to provide a nurturing environment where children can learn, grow, and develop. By operating a child care center, they aim to support parents and families by providing reliable and quality care for their children. The center's mission is to ensure that children receive the best possible care and education, fostering their holistic development. The center's operation is centered around providing a safe, stimulating, and enjoyable environment for children, promoting their overall well-being.
Who is the CEO of Labor Bathgate Community Child Care Center Inc?
Velma Ackerman is the Board Chairperson of Labor Bathgate Community Child Care Center Inc.
What is the revenue of Labor Bathgate Community Child Care Center Inc?
Labor Bathgate Community Child Care Center Inc's revenue in 2021 was $1,131,804.
Who are the executives of Labor Bathgate Community Child Care Center Inc and what are their salaries?
The average compensation at Labor Bathgate Community Child Care Center Inc during 2021 was $23,723. There are 25 employees at Labor Bathgate Community Child Care Center Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Labor Bathgate Community Child Care Center Inc?
Labor Bathgate Community Child Care Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Labor Bathgate Community Child Care Center Inc
Labor Bathgate Community Child Care Center, as a nonprofit organization, is dedicated to operating a child care center. Its primary mission is to provide a safe and nurturing environment for children, ensuring their overall development and well-being. By operating a child daycare center, this organization aims to contribute to the community by providing essential care services for families in need. The center's mission is to provide an environment that supports children's growth and learning, fostering their social, emotional, cognitive, and physical development. Overall, Labor Bathgate Community Child Care Center's mission is to operate a child care center that promotes the well-being and development of children in the community.
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Impact
August, 2024
Labor Bathgate Community Child Care Center Inc's impact is significant in providing essential child care services to families in the Bronx, NY area. By operating a child care center, they are able to support working parents by offering a safe and nurturing environment for their children. This not only helps parents to maintain employment and financial stability but also ensures that children receive quality early education and socialization experiences. The center's presence in the community contributes to the overall well-being of families and helps to promote a strong foundation for children's development.
This information is meant to be a general summary of Labor Bathgate Community Child 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 2021.
- Program Service Revenue: $35,366
- Gross Receipts: $1,131,804
Assets and Liabilities:
- Total Assets: $590,669
- Total Liabilities: $403,892
- Net Assets: $186,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SLIDING SCALE PAYMENTS
Revenue
$35,366
Organization Details
Founding Year
1995
Phone
(718) 583-3850Principal Officer
Velma Ackerman
Main Address
1638 ANTHONY AVENUE, BRONX, NY, 10457
NTEE Category
Code: P33Z - Human services
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