Overview
What is Recess Resources Inc?
Recess Resources Inc, based in Vestal, New York, is a nonprofit organization that prioritizes the education and employment of families with children aged 2 to 5 years old. They offer high-quality preschool and Universal Pre-K (UPK) programs, along with before and after care for UPK, in a daycare setting. By providing this comprehensive educational service, Recess Resources Inc enables parents and guardians to pursue gainful employment, ensuring a harmonious balance between childcare and employment responsibilities. With a dedicated workforce of 27 individuals, the organization is committed to nurturing young minds in a supportive and enriching environment.
Official website here: www.sites.google.com/site/cubcarechildrencent
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star Rating)
Recess Resources Inc has received a Three-Star rating from Charity Navigator, which reflects a solid performance in terms of accountability and finance. The charity's overall score of 78% is predominantly based on its accountability and financial practices, demonstrating a commitment to transparency and responsible management of funds. The organization boasts a fully independent board, which is a positive indicator of governance.
Strengths highlighted in the evaluation include an excellent program expense ratio of nearly 89%, suggesting that a significant portion of donations is directed towards its programs rather than administrative costs. The organization also scored well in areas such as financial statement review and the absence of material asset diversion, which enhances its credibility and reliability as a nonprofit.
However, the evaluation also noted some limitations, particularly the lack of certain policies, such as a conflict of interest and whistleblower policies. These missing elements may raise concerns about the organization's internal controls and governance practices. While Recess Resources Inc shows strengths in its financial management, addressing these policy gaps could further bolster its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Recess Resources Inc legitimate?
Recess Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Recess Resources 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: $34,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $471,605
For more financial information, click here
Official website here: www.sites.google.com/site/cubcarechildrencent
What is the mission statement of Recess Resources Inc?
Recess Resources Inc is committed to providing high-quality preschool and Universal Pre-K (UPK) education, along with before and after care for UPK, for children aged between 2 to 5 years old. The primary objective is to offer a nurturing daycare setting that not only fosters the children's learning but also provides an opportunity for their parents or guardians to secure employment. By doing so, Recess Resources Inc aims to contribute positively to both the educational development of the young learners and the economic well-being of their families.
Official website here: www.sites.google.com/site/cubcarechildrencent
Who is the CEO of Recess Resources Inc?
Amanda Alderfer is the President/Treasurer of Recess Resources Inc.
Official website here: www.sites.google.com/site/cubcarechildrencent
What is the revenue of Recess Resources Inc?
Recess Resources Inc's revenue in 2023 was $581,101.
Official website here: www.sites.google.com/site/cubcarechildrencent
Who are the executives of Recess Resources Inc and what are their salaries?
The average compensation at Recess Resources Inc during 2023 was $18,738. There are 27 employees at Recess Resources Inc.
Here are 5 key members and their salaries:
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- Compensation: $34,308
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Official website here: www.sites.google.com/site/cubcarechildrencent
Where can I find the form 990 for Recess Resources Inc?
Recess Resources Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sites.google.com/site/cubcarechildrencent
Learn more at the official website: www.sites.google.com/site/cubcarechildrencent
Mission Statement of Recess Resources Inc
Recess Resources Inc, a nonprofit organization, is dedicated to providing a high-quality educational experience for children aged between 2 and 5 years old. This is achieved through the operation of preschool and Universal Pre-Kindergarten (UPK) programs, supplemented by before and after care services for UPK. The primary goal of Recess Resources Inc is to offer these educational opportunities in a daycare setting, thereby providing children with a solid foundation for their future learning. Simultaneously, the organization aims to provide gainful employment opportunities for parents and guardians by offering this comprehensive childcare solution.
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Impact
July, 2024
Recess Resources Inc has a significant impact on the community by providing high-quality preschool and UPK programs, including before and after care for UPK, for children aged 2-5 years old in a daycare setting. This not only offers children an excellent educational foundation but also enables parents and guardians to pursue gainful employment, contributing to the overall well-being of families in Vestal, NY. Their focus on human services underscores their commitment to supporting both children and families in accessing essential early childhood education and care services.
This information is meant to be a general summary of Recess Resources 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 2023.
- Investment Income: $47
- Program Service Revenue: $519,181
- Gross Receipts: $583,402
Assets and Liabilities:
- Total Assets: $130,201
- Total Liabilities: $74,763
- Net Assets: $55,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE REVENUE
Revenue
$519,181
Organization Details
Founding Year
1989
Phone
(607) 786-9006Principal Officer
Amanda Alderfer
Main Address
201 MAIN STREET, VESTAL, NY, 13850
NTEE Category
Code: P33 - Human services
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