Overview
What is Cradlerock Childrens Center Inc?
Cradlerock Children's Center Inc, situated in Columbia, Maryland, serves as a nonprofit organization that offers daycare and preschool services for children ranging from six months to five years old. With a commitment to supporting disadvantaged families, the center provides quality care to over 80 children. Moreover, it extends financial aid through scholarships to more than seven children in need. In addition to its educational programs, Cradlerock Children's Center Inc also offers ESL support to four local children at reduced rates and provides two scholarships for the children of its staff members.
Official website here: www.cradlerockcenter.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator indicates that Cradlerock Children's Center Inc is a well-managed nonprofit, earning a Four-Star out of Four Star rating primarily in Accountability & Finance. This high score reflects the organization’s commitment to transparency and sound financial practices, which are crucial for donor trust and support.
The center boasts a fully independent board, showcasing strong governance with 100% independent members. They have established comprehensive financial oversight mechanisms, including an Audit and Oversight Committee, and effectively manage their resources with a low liabilities-to-assets ratio and complete allocation of expenses towards programs.
However, it is noted that the organization lacks a whistleblower policy, which is a significant aspect of accountability. Despite this limitation, the overall financial health and governance structure of Cradlerock Children's Center Inc positions it as a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cradlerock Childrens Center Inc legitimate?
Cradlerock Childrens Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cradlerock Childrens 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: $1,035,251
For more financial information, click here
Official website here: www.cradlerockcenter.org
What is the mission statement of Cradlerock Childrens Center Inc?
Cradlerock Children's Center Inc is committed to providing childcare and preschool services for children aged between 6 months and 5 years. Their mission includes offering support to disadvantaged families. The center provides daycare and preschool education to over 80 children, and through scholarships, they've assisted more than 7 children who might otherwise not have had access to these services. Furthermore, the center offers ESL support to 4 children from the local community at a reduced rate. Additionally, Cradlerock Children's Center Inc extends scholarships to 2 of its staff members' children, expanding its support beyond the children it directly serves.
Official website here: www.cradlerockcenter.org
Who is the CEO of Cradlerock Childrens Center Inc?
Richard Dean is the Administrator of Cradlerock Childrens Center Inc.
Official website here: www.cradlerockcenter.org
What is the revenue of Cradlerock Childrens Center Inc?
Cradlerock Childrens Center Inc's revenue in 2023 was $1,518,726.
Official website here: www.cradlerockcenter.org
Who are the executives of Cradlerock Childrens Center Inc and what are their salaries?
There 8 volunteers at Cradlerock Childrens Center Inc.
Here are 6 key members and their salaries:
- Compensation: $81,000
- Related: $0
- Other: $0
- Compensation: $76,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cradlerockcenter.org
Where can I find the form 990 for Cradlerock Childrens Center Inc?
Cradlerock Childrens Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cradlerockcenter.org
Learn more at the official website: www.cradlerockcenter.org
Mission Statement of Cradlerock Childrens Center Inc
Cradlerock Children's Center Inc is committed to providing childcare and preschool services for children ranging from six months to five years old. The organization's primary mission is to support disadvantaged families by offering affordable day care and preschool education. In addition to its core services, Cradlerock Children's Center Inc extends its support to the community by providing scholarships to more than seven children and offering ESL (English as a Second Language) assistance to four children living in the neighborhood at below-market rates. Furthermore, the center offers two scholarships to its staff members' children, demonstrating its dedication to both the children it serves and its workforce.
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
Cradlerock Children's Center Inc significantly impacts the community by offering essential childcare and preschool services to children aged 6 months to 5 years. With a focus on supporting disadvantaged families, the center has successfully provided care and education to over 80 children, ensuring they receive a strong foundation for their future.
In addition to its core services, Cradlerock has facilitated scholarships for more than 7 children, making quality education accessible to those in need. The center also promotes inclusivity by offering English as a Second Language (ESL) support to 4 neighborhood children, helping them to better integrate and thrive in their learning environment.
Furthermore, Cradlerock extends its support to staff members by providing scholarships for their children, reinforcing a sense of community and investment in the families that contribute to the center’s mission. Overall, Cradlerock Children's Center Inc plays a vital role in enhancing the well-being of local families and fostering an inclusive, nurturing environment for the youngest members of the community.
This information is meant to be a general summary of Cradlerock Childrens 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 2023.
- Program Service Revenue: $1,493,660
- Gross Receipts: $1,518,726
Assets and Liabilities:
- Total Assets: $340,044
- Total Liabilities: $161,255
- Net Assets: $178,789
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Phone
(410) 381-0906Principal Officer
Richard Dean
Main Address
7246 Cradlerock Way, Columbia, MD, 21045
Website
www.cradlerockcenter.orgNTEE Category
Code: P33 - Human services
If you are a representative of Cradlerock Childrens Center Inc 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.