Overview
What is Tribeca Nursery Center Inc?
Tribeca Nursery Center Inc, situated in New York, NY, serves as a nurturing and educational environment for young children. As a nonprofit institution, its primary focus is providing nursery, preschool, or kindergarten services, fulfilling the role of a day care center. The center's mission is dedicated to ensuring the well-being and development of its students, offering them a safe and stimulating environment for growth and learning.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Tribeca Nursery Center Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, other areas of governance are lacking, such as the absence of essential policies and documentation, which detracts from its overall score.
One notable strength is the organization's program expense ratio, which stands at 100%, suggesting that all of its expenses are directed towards its programs. Additionally, the liabilities to assets ratio of 49.73% indicates a moderate level of financial risk. However, the lack of transparency and governance practices, including missing conflict of interest and whistleblower policies, raises questions about its operational integrity.
Overall, while Tribeca Nursery Center Inc demonstrates a commitment to its programs, the deficiencies in financial reporting and governance practices highlighted in the rating suggest that potential donors should approach with caution. Improved documentation and adherence to governance standards could enhance its accountability and trustworthiness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Tribeca Nursery Center Inc legitimate?
Tribeca Nursery Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tribeca Nursery 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: $1,203,824
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What is the mission statement of Tribeca Nursery Center Inc?
Tribeca Nursery Center Inc, as a nursery, preschool, or kindergarten, is dedicated to serving its young students. Its mission, in simple terms, is to provide a nurturing environment for children's early learning and development. The center aims to foster growth and preparation for future academic and social experiences. While specific details about the methods or goals beyond basic education are not provided in the information, it's clear that Tribeca Nursery Center Inc is committed to the overall well-being and development of its young attendees.
Who is the CEO of Tribeca Nursery Center Inc?
Linda Ensko is the Director of Tribeca Nursery Center Inc.
What is the revenue of Tribeca Nursery Center Inc?
Tribeca Nursery Center Inc's revenue in 2021 was $2,733,544.
Who are the executives of Tribeca Nursery Center Inc and what are their salaries?
The average compensation at Tribeca Nursery Center Inc during 2021 was $80,255. There are 15 employees and 10 volunteers at Tribeca Nursery Center Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tribeca Nursery Center Inc?
Tribeca Nursery Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Tribeca Nursery Center Inc
Tribeca Nursery Center, as a nursery, preschool, or kindergarten institution, is committed to its mission of providing nursery school and day care services. This mission is geared towards catering to the developmental needs of young children, offering them a nurturing environment where they can grow and learn. The center's focus is on providing a comprehensive early education experience, fostering the overall development of each child in its care.
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Impact
October, 2024
Tribeca Nursery Center Inc plays a crucial role in the development of young children in New York City by providing quality early childhood education and care. It creates a nurturing environment where children can learn through play, explore their creativity, and develop essential social and cognitive skills.
By offering a structured yet flexible curriculum, the center supports the holistic growth of children, fostering their independence and preparing them for future educational experiences. The involvement of trained educators ensures that each child receives personal attention tailored to their developmental needs, promoting a strong foundation in essential life skills.
In addition to benefiting children, Tribeca Nursery Center also supports families in the community by providing reliable childcare options, enabling parents to pursue their careers with peace of mind. The center cultivates a sense of community among families, encouraging connections and collaboration within the neighborhood. Overall, Tribeca Nursery Center Inc has a significant impact on both individual lives and the broader community, promoting early childhood development and supporting working families.
This information is meant to be a general summary of Tribeca Nursery 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.
- Investment Income: $250
- Program Service Revenue: $2,733,294
- Gross Receipts: $2,733,544
Assets and Liabilities:
- Total Assets: $1,983,872
- Total Liabilities: $986,719
- Net Assets: $997,153
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION NET OF RETURNED CHECKS
Revenue
$2,733,294
Organization Details
Founding Year
1995
Phone
(212) 374-1489Principal Officer
Linda Ensko
Main Address
40 WORTH STREET, NEW YORK, NY, 10013
NTEE Category
Code: P33P - Human services
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