Overview
What is Roosevelt Island Day Nursery Inc?
Roosevelt Island Day Nursery Inc is a nonprofit organization situated at 4 River Road, New York, New York 10044-1109. Established in 1975, the organization serves the diverse community of Roosevelt Island, offering a preschool program for about 80 children aged between three and five years. Additionally, they provide a nursery program for around 30 infants and toddlers, ranging from three months to three years, aiming to foster their growth in a nurturing and supportive environment. With a team of 25 dedicated individuals, the nursery's mission is to enrich the lives of these young learners, reflecting the community's rich cultural and racial diversity.
Official website here: www.ridn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Roosevelt Island Day Nursery Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it has some organizational strengths but also several areas needing improvement. With an overall score of 73%, the nonprofit demonstrates a strong commitment to accountability, as evidenced by having an independent board and a high program expense ratio of 89.68%, which suggests that the majority of its funds are directed towards its mission.
However, the organization struggles in transparency and policy implementation, with significant shortcomings such as missing financial statements and a lack of a whistleblower policy. These gaps in governance and public financial disclosure can raise concerns among donors and stakeholders about the organization's operational practices and accountability standards. Furthermore, while it has a good liability to assets ratio, the absence of key documents on its website diminishes public trust and accessibility to financial information.
Overall, while Roosevelt Island Day Nursery Inc shows promise through its governance structure and program focus, it needs to address its transparency issues and improve its financial reporting to enhance its rating and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Roosevelt Island Day Nursery Inc legitimate?
Roosevelt Island Day Nursery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roosevelt Island Day Nursery 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: $111,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,060,969
For more financial information, click here
Official website here: www.ridn.org
What is the mission statement of Roosevelt Island Day Nursery Inc?
Roosevelt Island Day Nursery Inc, established in 1975, has a mission centered around providing a preschool program for children from the diverse community of Roosevelt Island. The nursery aims to cater to children aged up to five years, mirroring the area's ethnic, cultural, and racial richness. The nursery also offers a separate program for infants and toddlers, providing a nurturing environment to support their development from three months to three years old. The preschool program serves approximately 80 children, while the nursery program accommodates around 30 infants and toddlers.
Official website here: www.ridn.org
Who is the CEO of Roosevelt Island Day Nursery Inc?
Alexander Arzac is the Executive Director of Roosevelt Island Day Nursery Inc.
Official website here: www.ridn.org
What is the revenue of Roosevelt Island Day Nursery Inc?
Roosevelt Island Day Nursery Inc's revenue in 2022 was $2,122,348.
Official website here: www.ridn.org
Who are the executives of Roosevelt Island Day Nursery Inc and what are their salaries?
The average compensation at Roosevelt Island Day Nursery Inc during 2022 was $46,883. There are 25 employees at Roosevelt Island Day Nursery Inc.
Here are 10 key members and their salaries:
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Official website here: www.ridn.org
Where can I find the form 990 for Roosevelt Island Day Nursery Inc?
Roosevelt Island Day Nursery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridn.org
Learn more at the official website: www.ridn.org
Mission Statement of Roosevelt Island Day Nursery Inc
Roosevelt Island Day Nursery, established in 1975, is dedicated to providing a preschool program for children in the Roosevelt Island community. The nursery's mission is rooted in the diversity of the area, catering to children of various ethnic, cultural, and racial backgrounds. The preschool program, designed for children up to five years old, offers an enriching environment that nurtures and supports their development. In addition to the preschool program, Roosevelt Island Day Nursery also operates a nursery for infants and toddlers between the ages of three months and three years. This program is designed to foster growth and development in a responsive and nurturing environment.
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Impact
August, 2024
Roosevelt Island Day Nursery Inc's impact is evident through its provision of high-quality preschool and nursery programs for children in the culturally and racially diverse community of Roosevelt Island. With a focus on supporting the development of approximately 80 preschoolers and 30 infants and toddlers, this organization plays an essential role in nurturing and educating the young minds that represent the rich ethnic, cultural, and racial diversity of the area. By offering a safe and responsive environment for children aged from 3 months to five years, Roosevelt Island Day Nursery Inc contributes significantly to the early education and holistic development of the next generation in New York.
This information is meant to be a general summary of Roosevelt Island Day Nursery 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: $1,219,813
- Gross Receipts: $2,122,348
Assets and Liabilities:
- Total Assets: $806,588
- Total Liabilities: $394,863
- Net Assets: $411,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$1,219,813
Organization Details
Founding Year
1975
Phone
(212) 593-0750Principal Officer
Alexander Arzac
Main Address
4 River Road, New York, NY, 100441109
Website
www.ridn.orgNTEE Category
Code: B210 - Education
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