Overview
What is Community 5413?
Community 5413, identified as Children's Promise Centers, is a nonprofit organization situated in Albuquerque, New Mexico. They specialize in offering high-quality education and childcare services to families, catering to children aged from six weeks to five years old. The organization employs around 23 individuals and serves an average of 60 children daily. As a Christian-focused entity, Children's Promise Centers are dedicated to family education and support, with their primary mission currently centered around an early childhood center. They also host family events, averaging 30 families per occasion.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Community 5413 has received a commendable rating of 94% from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects a commitment to transparency and effective financial management, making it a reliable choice for donors looking to contribute to a well-managed organization.
The organization boasts a fully independent board with no conflicts of interest, ensuring that governance decisions are made in the best interest of the charity. Their financial practices are solid, with no material diversion of assets reported and a healthy liabilities to assets ratio of 7.59%. Additionally, the program expense ratio stands at an impressive 87.67%, highlighting the charity's focus on utilizing funds for its mission-driven programs.
While the rating emphasizes the strengths in governance and financial health, it is essential for potential supporters to consider how these strengths translate into impact and effectiveness in the community. Overall, Community 5413 appears to be a responsible steward of donor funds, prioritizing accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Community 5413 legitimate?
Community 5413 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community 5413 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: $81,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,190
For more financial information, click here
What is the mission statement of Community 5413?
Community 5413, as a Christian organization, focuses on family education and support by offering high-quality services. Their primary area of focus currently is an early childhood center, serving children and their families from the age of 6 weeks to 5 years old. The organization's mission is to provide this community with educational and care services, aiming to support and empower families in their child's early developmental stages. They offer high-quality early childhood education and childcare to approximately 60 children daily, and they host an average of 5 family events annually, serving around 30 families.
Who is the CEO of Community 5413?
Rachel Davis is the Executive Director of Community 5413.
What is the revenue of Community 5413?
Community 5413's revenue in 2022 was $938,202.
Who are the executives of Community 5413 and what are their salaries?
The average compensation at Community 5413 during 2022 was $18,092. There are 23 employees and 5 volunteers at Community 5413.
Here are 6 key members and their salaries:
- Compensation: $81,917
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community 5413?
Community 5413's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community 5413
Community 5413, a Christian organization, is dedicated to family education and support. Its primary focus at present is an early childhood center, serving children and their families from the tender age of six weeks to five years old. The organization's mission is to provide high-quality services, aiming to educate and support families effectively. By operating an early childhood center, Community 5413 contributes to the development and nurturing of young children, providing them with a solid foundation for their future. The center serves an average of 60 children daily, offering them a stimulating and nurturing environment. Additionally, Community 5413 organizes family events, reaching out to an average of 30 families, fostering a sense of community and strengthening family bonds.
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Impact
October, 2024
Community 5413 plays a significant role in enhancing the well-being of families in Albuquerque, NM, by focusing on early childhood education and support. Through its Children’s Promise Centers, it provides high-quality education and childcare for children aged 6 weeks to 5 years old. On average, the organization serves around 60 children daily, ensuring that they receive not just supervision, but enriching educational experiences that lay a strong foundation for their future learning.
In addition to educational services, Community 5413 recognizes the importance of family engagement. It hosts five family events each year, which accommodate approximately 30 families at each gathering. These events foster community connections and provide parents with the support and resources they need to nurture their children's development.
Overall, Community 5413’s impact is felt profoundly in the lives of children and their families, contributing to a healthier, more educated community and helping to ensure that children are well-prepared for their educational journeys ahead.
This information is meant to be a general summary of Community 5413. 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: $634,241
- Gross Receipts: $938,202
Assets and Liabilities:
- Total Assets: $412,220
- Total Liabilities: $31,289
- Net Assets: $380,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$634,241
Organization Details
Founding Year
2006
Principal Officer
Rachel Davis
Main Address
12855 East Ridge Dr NE, Albuquerque, NM, 87112
NTEE Category
Code: B82 - Education
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