Overview
What is The Eagles Nest Cooperative Daycare Center Inc?
The Eagles Nest Cooperative Daycare Center Inc is a nonprofit organization situated in Dorchester, Massachusetts, specifically at 150 Morrissey Blvd. Their primary mission is to offer affordable and top-notch early childhood education programs for the infants and young children of the faculty and administration at Boston College High School as well as for community members. They provide a nurturing environment where children can learn and grow, offering custodial day care services. Notably, they occupy their space at a below-market rent, contributing to their affordability. With a dedicated workforce of 10 employees, this nonprofit is committed to enriching the lives of young children in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating.
The Eagles Nest Cooperative Daycare Center Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization has some strengths, there are several areas that require improvement. The accountability and finance score of 70 reflects a moderate level of financial health, particularly highlighted by a strong program expense ratio of 85.43%, which suggests that a significant portion of its expenses is directed towards its programs.
One of the organization's notable strengths is its governance structure, with 80% of board members being independent, along with no material diversion of assets, which demonstrates good oversight. However, the absence of several key policies and documentation, such as a conflict of interest policy, whistleblower policy, and board meeting minutes, raises concerns about transparency and accountability practices. Additionally, the missing website link on the tax form and the lack of accessible tax documents on its website further limit the organization’s transparency.
Overall, while The Eagles Nest Cooperative Daycare Center Inc demonstrates effective financial management in terms of program spending and an independent board, it faces significant challenges in governance transparency and policy implementation, which are critical for building trust and credibility with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Eagles Nest Cooperative Daycare Center Inc legitimate?
The Eagles Nest Cooperative Daycare Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Eagles Nest Cooperative Daycare 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: $305,586
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What is the mission statement of The Eagles Nest Cooperative Daycare Center Inc?
The Eagles Nest Cooperative Daycare Center Inc's mission is centered around providing affordable and top-notch early childhood education programs for infants and young children. This extends beyond the faculty and administration of Boston College High School, also catering to members of the surrounding community. Their objective is to offer comprehensive custodial daycare services and learning experiences, aiming to enhance the lives of the infants, young children, and even adults under their care. They operate in a space provided at below-market rent, adding to their commitment to affordability and community service.
Who is the CEO of The Eagles Nest Cooperative Daycare Center Inc?
Elizabeth Odonnell is the President of The Eagles Nest Cooperative Daycare Center Inc.
What is the revenue of The Eagles Nest Cooperative Daycare Center Inc?
The Eagles Nest Cooperative Daycare Center Inc's revenue in 2022 was $489,239.
Who are the executives of The Eagles Nest Cooperative Daycare Center Inc and what are their salaries?
The average compensation at The Eagles Nest Cooperative Daycare Center Inc during 2022 was $30,559. There are 10 employees at The Eagles Nest Cooperative Daycare Center Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Eagles Nest Cooperative Daycare Center Inc?
The Eagles Nest Cooperative Daycare Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Eagles Nest Cooperative Daycare Center Inc
The Eagles Nest Cooperative Daycare Center Inc is dedicated to offering affordable and top-notch early childhood programs for the infants and young children of the faculty and administration at Boston College High School, as well as for members of the surrounding community. The organization's main objective is to provide a nurturing environment where these children can grow and learn, ensuring their overall development and well-being. The Eagles Nest Cooperative Daycare Center Inc goes beyond just providing daycare services; it also offers learning experiences that contribute to the enrichment of the children's lives. The center operates by occupying space at below-market rent, demonstrating its commitment to making these high-quality programs accessible to as many families as possible.
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Impact
July, 2024
The Eagles Nest Cooperative Daycare Center Inc provides a crucial service by offering affordable and high-quality early childhood programs for infants and young children. Their impact extends to the faculty and administration at Boston College High School as well as members of the surrounding community in Dorchester, MA. This organization plays a vital role in providing custodial day care services and learning experiences for children, aiding in their development and enhancing their lives. The value they provide in terms of accessible childcare and educational opportunities is significant, directly benefiting families and the community.
This information is meant to be a general summary of The Eagles Nest Cooperative Daycare 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 2022.
- Program Service Revenue: $379,360
- Gross Receipts: $489,239
Assets and Liabilities:
- Total Assets: $228,553
- Total Liabilities: $23,297
- Net Assets: $205,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Daycare revenue
Revenue
$379,360
Organization Details
Founding Year
2005
Principal Officer
Elizabeth Odonnell
Main Address
150 Morrissey Blvd, Dorchester, MA, 02125
NTEE Category
Code: P33 - Human services
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