Overview
What is Holiness Pentecostal Daycare?
Holiness Pentecostal Daycare is a nonprofit institution situated in Newark, New Jersey, dedicated to offering preschool education to 45 children. Their primary objective is to deliver qualitative early education, aligning with the guidelines set by the Newark Board of Education. The daycare's programs have received approval from the board, ensuring a high standard of education for the young learners. The mission of Holiness Pentecostal Daycare is to contribute positively to childhood development by providing an educational environment that fosters growth and learning.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
Holiness Pentecostal Daycare has received a low rating of 50% from Charity Navigator, reflecting significant concerns in its accountability and financial practices. The organization lacks independent board members, with 0% of its board being independent, which raises questions about its governance and oversight. Additionally, the daycare has not provided any financial statements, and several key policies, such as conflict of interest and whistleblower policies, are missing.
Despite the troubling governance issues, Holiness Pentecostal Daycare does demonstrate a strong commitment to its programs, evidenced by a high program expense ratio of 81.06%. This suggests that the majority of its expenditures are directed towards fulfilling its mission rather than administrative costs. However, the absence of basic financial transparency and governance policies diminishes the overall confidence in its operations.
Overall, while the organization's commitment to its programs is commendable, the lack of independent oversight and transparency raises significant concerns for potential donors and stakeholders. Improving its governance structures and providing necessary financial disclosures could enhance its standing and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Holiness Pentecostal Daycare legitimate?
Holiness Pentecostal Daycare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holiness Pentecostal Daycare 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: $67,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $355,767
For more financial information, click here
What is the mission statement of Holiness Pentecostal Daycare?
Holiness Pentecostal Daycare is committed to delivering preschool education as per the guidelines set by the Newark Board of Education. Their mission involves providing certified programs that cater to the educational needs of approximately 45 children. The daycare aims to ensure that the education provided meets the required standards, thereby contributing to the children's overall development.
Who is the CEO of Holiness Pentecostal Daycare?
Debra Saunders Po Box is the Board Member of Holiness Pentecostal Daycare.
What is the revenue of Holiness Pentecostal Daycare?
Holiness Pentecostal Daycare's revenue in 2022 was $843,877.
Who are the executives of Holiness Pentecostal Daycare and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $67,701
- Related: $0
- Other: $0
Where can I find the form 990 for Holiness Pentecostal Daycare?
Holiness Pentecostal Daycare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Holiness Pentecostal Daycare
Holiness Pentecostal Daycare, a nonprofit organization, is committed to providing quality preschool education. In line with the guidelines set by the Newark Board of Education, the daycare aims to equip 45 children with the necessary pre-school skills. The programs offered by Holiness Pentecostal Daycare are not only educationally sound but also hold the approval of the Newark Board of Education. The mission of this daycare center is to contribute to the overall development of young minds, preparing them for their future educational journeys.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Holiness Pentecostal Daycare plays a vital role in the Newark community by providing quality preschool education to 45 children. By adhering to the standards set by the Newark Board of Education, the daycare ensures that its programs are both certified and effective, equipping young learners with the foundational skills necessary for their future academic journeys.
The daycare not only focuses on educational development but also creates a nurturing environment where children can grow socially and emotionally. This holistic approach facilitates well-rounded development, helping to prepare children for the transitional challenges of kindergarten and beyond.
Additionally, Holiness Pentecostal Daycare serves as a crucial support system for families in the area, offering reliable childcare options that enable parents to pursue their work and other responsibilities without compromising their children's educational needs. Overall, the daycare impacts the local community by fostering a strong educational foundation and supporting families in Newark.
This information is meant to be a general summary of Holiness Pentecostal Daycare. 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: $843,877
- Gross Receipts: $843,877
Assets and Liabilities:
- Total Assets: $108,499
- Total Liabilities: $40,802
- Net Assets: $67,697
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRESCHOOL DAYCARE
Revenue
$843,877
Organization Details
Principal Officer
Debra Saunders Po Box
Main Address
22 HALLECK STREET, NEWARK, NJ, 07104
NTEE Category
Code: B21 - Education
If you are a representative of Holiness Pentecostal Daycare and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.