Overview
What is Schenectady Day Nursery Inc?
Schenectady Day Nursery Inc is a nonprofit organization committed to supporting families by offering child day care services. Situated within their mission, they prioritize creating a secure and enriching environment for children. Their primary focus is on child day care services, ensuring the well-being and growth of the young ones under their care. The organization does not specify the number of employees or locations in the provided information.
Official website here: www.schenectadydaynursery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Schenectady Day Nursery Inc has earned a Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. The organization boasts a significant score of 100% for its independent board members and demonstrates strong financial health with a low liabilities to assets ratio of 0.54%. Additionally, it maintains high standards for financial transparency, with all necessary policies and documentation readily available.
The organization's program expense ratio stands at an impressive 76.87%, indicating that a substantial portion of its resources is directed toward its programs rather than administrative costs. This focus on program expenditure suggests a commitment to maximizing the impact of its services within the community. Furthermore, the absence of any material diversion of assets reinforces the organization's integrity and responsible financial management.
While the overall financial health and governance practices are commendable, the evaluation does not delve into programmatic effectiveness or beneficiary feedback, which are important aspects for assessing overall impact. Nonetheless, the strong accountability measures in place position Schenectady Day Nursery Inc as a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Schenectady Day Nursery Inc legitimate?
Schenectady Day Nursery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schenectady 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: $62,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,024
For more financial information, click here
Official website here: www.schenectadydaynursery.org
What is the mission statement of Schenectady Day Nursery Inc?
Schenectady Day Nursery Inc., as a child day care service provider, is committed to supporting families in their child care needs. The organization's mission is centered around creating a secure and nurturing environment for children. By focusing on child day care services, Schenectady Day Nursery aims to contribute positively to the growth and development of young individuals. The organization's mission is to provide high-quality care that prioritizes the well-being and safety of the children in its care.
Official website here: www.schenectadydaynursery.org
Who is the CEO of Schenectady Day Nursery Inc?
Connie D'Amato is the President of Schenectady Day Nursery Inc.
Official website here: www.schenectadydaynursery.org
What is the revenue of Schenectady Day Nursery Inc?
Schenectady Day Nursery Inc's revenue in 2022 was $770,448.
Official website here: www.schenectadydaynursery.org
Who are the executives of Schenectady Day Nursery Inc and what are their salaries?
The average compensation at Schenectady Day Nursery Inc during 2022 was $25,645. There are 17 employees and 17 volunteers at Schenectady Day Nursery Inc.
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Official website here: www.schenectadydaynursery.org
Where can I find the form 990 for Schenectady Day Nursery Inc?
Schenectady Day Nursery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.schenectadydaynursery.org
Learn more at the official website: www.schenectadydaynursery.org
Mission Statement of Schenectady Day Nursery Inc
Schenectady Day Nursery, as a nonprofit organization, is committed to providing child day care services with a mission to support families in their child care needs. Their primary goal is to create a secure and nurturing environment for children, serving as an essential resource for families in need. By focusing on child day care, Schenectady Day Nursery seeks to contribute positively to the lives of young children, providing them with a foundation for growth and development.
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Impact
October, 2024
Schenectady Day Nursery Inc significantly impacts the community by offering essential child day care services. Its mission is centered on supporting families in their child care needs, which is crucial for parents who require reliable and safe care for their children. By providing a nurturing environment, the organization fosters the emotional and social development of children, allowing them to thrive while their parents engage in work or other responsibilities. This support not only enhances the well-being of families but also contributes to the broader community by enabling parents to balance their professional and personal lives effectively.
This information is meant to be a general summary of Schenectady 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.
- Investment Income: -$1,864
- Program Service Revenue: $558,083
- Gross Receipts: $1,231,079
Assets and Liabilities:
- Total Assets: $1,482,401
- Total Liabilities: $8,007
- Net Assets: $1,474,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD DAY CARE SERVICE
Revenue
$558,083
Organization Details
Founding Year
1902
Phone
(518) 374-6319Principal Officer
Connie D'Amato
Main Address
25 LAFAYETTE STREET, SCHENECTADY, NY, 12305
NTEE Category
Code: P33Z - Human services
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