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Red Apple Child Development Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133933851 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Red Apple Child Development Center?

Red Apple Child Development Center was previously a nonprofit organization that managed daycare centers. Unfortunately, it ceased operations in March 2015, with the daycare centers being operated by a related party for-profit corporate affiliate at the time. However, starting from 2020, these daycare centers have been taken over by Metrokids Cradle (South End) and Metroki. The specific activities or mission of Red Apple Child Development Center, as detailed in their schedule, are not provided in the information provided.

Is Red Apple Child Development Center legitimate?

Red Apple Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Apple Child Development Center 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: $0

For more financial information, click here

What is the mission statement of Red Apple Child Development Center?

The Red Apple Child Development Center, prior to ceasing operations in 2015, had its daycare centers managed by a related for-profit entity. Starting from 2020, the operation of these daycare centers was turned over to Metrokids Cradle (South End) and Metroki. Regrettably, there is no available information to provide a mission statement for the Red Apple Child Development Center.

Who is the CEO of Red Apple Child Development Center?

Fei Yuan is the Treasurer of Red Apple Child Development Center.

What is the revenue of Red Apple Child Development Center?

Red Apple Child Development Center's revenue in 2022 was -$137,783.

Who are the executives of Red Apple Child Development Center and what are their salaries?


Here are 4 key members and their salaries:


Ziming Shen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fei Yuan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yan Zheng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xiao Ping Fan (Former Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Red Apple Child Development Center?

Red Apple Child Development Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Red Apple Child Development Center

Red Apple Child Development Center, formerly responsible for operating daycare centers, discontinued its operations in March 2015. The daycare centers were managed by a related party for-profit corporate affiliate. Since 2020, the management of these daycare centers has transitioned to Metrokids Cradle (South End) & Metroki. In the past, Red Apple Child Development Center played a role in providing daycare services, but its current mission or activities are not explicitly stated in the provided information.

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Impact




October, 2024

Red Apple Child Development Center has made a significant impact on early childhood education in New York. Although it ceased operations of its day care centers in March 2015, its legacy continues through the collaborations initiated in 2020 with Metrokids Cradle (South End) and Metroki. This transition has allowed for the continuation of vital educational services that support the development and nurturing of young children in the community. By focusing on quality educational programming, Red Apple has influenced the landscape of early childhood care, ensuring that children receive foundational learning experiences that set the stage for their future success.




This information is meant to be a general summary of Red Apple Child Development Center. 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.

Revenue
-$137,783 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,761
  • Program Service Revenue: $690
  • Gross Receipts: $585,191

Assets and Liabilities:

  • Total Assets: $3,817,999
  • Total Liabilities: $4,007,214
  • Net Assets: -$189,215

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Organization Details

Founding Year

1997

Principal Officer

Fei Yuan

Main Address

25 MARKET STREET, NEW YORK, NY, 10002

NTEE Category

Code: B20Z - Education

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