Overview
What is Sisters Of The Immaculate Heart Of Mary At Mirinae?
Sisters of the Immaculate Heart of Mary at Mirinae is a nonprofit organization situated in Ridgefield, New Jersey, at 567 Prospect Street. Their primary mission is rooted in Roman Catholic beliefs, where they engage in charitable and missionary activities. In particular, they operate a Catholic pre-school and daycare center, serving both religious and charitable purposes. With a team of seven dedicated individuals, they strive to make a positive impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sisters Of The Immaculate Heart Of Mary At Mirinae has received a two-star rating from Charity Navigator, with an overall score of 71%. While the organization excels in accountability and finance, earning a perfect score of 100% in this area, it faces challenges in other essential governance aspects. The rating reflects the absence of necessary financial statements and missing policies such as a whistleblower policy and document retention, which are crucial for transparency and integrity.
The organization demonstrates strong governance with a fully independent board and a favorable liabilities to assets ratio, indicating financial stability. Additionally, a high program expense ratio suggests that the majority of funds are directed towards its programs rather than administrative costs, which is a positive aspect for potential donors. However, the lack of comprehensive policies and documentation can raise concerns about the overall operational effectiveness and risk management.
To improve its standing, Sisters Of The Immaculate Heart Of Mary At Mirinae would benefit from addressing the gaps in its policies and enhancing its documentation practices. Strengthening these areas can foster greater trust among stakeholders and supporters, ultimately leading to a more robust organizational foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Sisters Of The Immaculate Heart Of Mary At Mirinae legitimate?
Sisters Of The Immaculate Heart Of Mary At Mirinae is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisters Of The Immaculate Heart Of Mary At Mirinae 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: $176,007
For more financial information, click here
What is the mission statement of Sisters Of The Immaculate Heart Of Mary At Mirinae?
The Sisters of the Immaculate Heart of Mary at Mirinae are dedicated to carrying out missionary activities within the Roman Catholic faith. One of their primary objectives is to operate a Catholic pre-school, or daycare center, with the purpose of serving religious and charitable goals. Their mission encompasses performing various charitable activities within the Catholic tradition.
Who is the CEO of Sisters Of The Immaculate Heart Of Mary At Mirinae?
Sister Seokhwa Jang is the Treasurer of Sisters Of The Immaculate Heart Of Mary At Mirinae.
What is the revenue of Sisters Of The Immaculate Heart Of Mary At Mirinae?
Sisters Of The Immaculate Heart Of Mary At Mirinae's revenue in 2022 was $832,436.
Who are the executives of Sisters Of The Immaculate Heart Of Mary At Mirinae and what are their salaries?
The average compensation at Sisters Of The Immaculate Heart Of Mary At Mirinae during 2022 was $25,144. There are 7 employees at Sisters Of The Immaculate Heart Of Mary At Mirinae.
Here are 3 key members and their salaries:
- Compensation: $43,902
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sisters Of The Immaculate Heart Of Mary At Mirinae?
Sisters Of The Immaculate Heart Of Mary At Mirinae's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sisters Of The Immaculate Heart Of Mary At Mirinae
Sisters of the Immaculate Heart of Mary at Mirinae is dedicated to carrying out missionary activities within the Roman Catholic faith. One of their primary objectives is to operate a Catholic pre-school, also known as a daycare center, with the aim of achieving religious and charitable goals. This organization's mission is centered around performing Catholic missionary activities and providing a nurturing environment for children through their pre-school service. Their work is driven by a commitment to both religious and charitable causes, contributing positively to their community.
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Impact
October, 2024
Sisters Of The Immaculate Heart Of Mary At Mirinae plays a significant role in fostering community and faith through its dedicated missionary efforts and educational initiatives. By performing Catholic missionary activities, they strengthen spiritual connections and promote religious values within the community.
Their operation of a Catholic preschool and daycare center serves not only as an educational facility but also as a nurturing environment for young children, instilling in them early principles of faith and compassion. This approach aids in the holistic development of children, providing both a solid educational foundation and a sense of belonging to a larger spiritual community.
Through these initiatives, the Sisters contribute to the overall well-being of families in Ridgefield, NJ, supporting them in the moral and ethical development of their children while addressing social and charitable needs. Their activities reflect a commitment to service and spirituality, creating a ripple effect that enhances the lives of individuals and the community as a whole.
This information is meant to be a general summary of Sisters Of The Immaculate Heart Of Mary At Mirinae. 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: $396
- Program Service Revenue: $755,399
- Gross Receipts: $832,436
Assets and Liabilities:
- Total Assets: $3,323,317
- Total Liabilities: $1,219,342
- Net Assets: $2,103,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CATHOLIC PRE-SCHOOL(DAYCARE)
Revenue
$755,399
Organization Details
Founding Year
2006
Phone
(201) 336-2660Principal Officer
Sister Seokhwa Jang
Main Address
567 PROSPECT ST, RIDGEFIELD, NJ, 07657
NTEE Category
Code: X220 - Religion related
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