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Paradise Childcare Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208362821 ✦ Sunrise, FL ✦ Designated as a 501(c)(3)

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Overview

What is Paradise Childcare Corporation?

Paradise Childcare Corporation, a nonprofit entity based in Sunrise, Florida (specifically at 6200 NW 11th Street, ZIP code 33313), carries out charitable and educational activities primarily focused on providing childcare services. Their mission involves ensuring a secure and nurturing environment for children, allowing parents to pursue employment or further their education with peace of mind. The corporation employs a team of 23 individuals, dedicated to the well-being and growth of the children in their care. The organization's childcare center offers an educational setting that prioritizes safety and care, thus benefiting both the children and their families.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Paradise Childcare Corporation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 56%, the organization shows some strengths, particularly in its program expense ratio of 75.39%, suggesting that a substantial portion of its funding is directed towards its programs. However, the lack of independent board members and financial transparency is alarming.

The organization scored poorly in key areas such as financial statements and the overall independence of its board, receiving zero points in multiple aspects, including the requirement for financial documentation and the size of its independent board. This raises questions about governance and oversight, which are crucial for maintaining donor confidence and ensuring responsible management of funds.

While it has shown a commitment to certain policies like conflict of interest, the absence of a whistleblower policy and documents like the tax form on its website limits transparency. Moving forward, Paradise Childcare Corporation will need to address these significant weaknesses to improve its rating and foster greater trust among its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Paradise Childcare Corporation legitimate?

Paradise Childcare Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paradise Childcare Corporation 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: $337,932

For more financial information, click here

What is the mission statement of Paradise Childcare Corporation?

Paradise Childcare Corporation is founded with a charitable and educational purpose, primarily focused on providing childcare services. Their mission is to ensure that children are cared for in a secure and nurturing environment, allowing parents to pursue employment or further their education. The organization operates a childcare center, providing educational services alongside safe and caring care to the children. This enables parents to maintain gainful employment or attend training, thereby fostering personal growth and development.

Who is the CEO of Paradise Childcare Corporation?

Tracey Ann Spence is the Director of Paradise Childcare Corporation.

What is the revenue of Paradise Childcare Corporation?

Paradise Childcare Corporation's revenue in 2022 was $1,140,867.

Who are the executives of Paradise Childcare Corporation and what are their salaries?

The average compensation at Paradise Childcare Corporation during 2022 was $14,693. There are 23 employees at Paradise Childcare Corporation.


Here are 6 key members and their salaries:


Althea Spence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fitzroy Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Kelley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Spence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Ann Spence (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Ann Peters (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Paradise Childcare Corporation?

Paradise Childcare Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Paradise Childcare Corporation

Paradise Childcare Corporation is dedicated to serving a charitable and educational purpose by offering childcare services in a secure and nurturing environment. The organization's primary objective is to enable parents to pursue gainful employment or further their education, while their children are well-cared for in an educational setting. The childcare center provided by Paradise Childcare Corporation ensures the safety and well-being of the children, creating a caring atmosphere that fosters their learning and development.

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Impact




October, 2024

Paradise Childcare Corporation significantly impacts the community by offering essential childcare services that create a nurturing and safe environment for children. This support allows parents to pursue employment opportunities and educational training, fostering economic stability for families in Sunrise, FL. The organization prioritizes both charitable and educational purposes, ensuring that children not only receive care but also engage in developmental activities that promote learning. By alleviating childcare concerns, Paradise Childcare empowers parents to focus on their personal and professional growth while nurturing the next generation in a supportive atmosphere.




This information is meant to be a general summary of Paradise Childcare Corporation. 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.

Revenue
$1,140,867 (2022)
Expenses
$764,722 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,140,867
  • Gross Receipts: $1,140,867

Assets and Liabilities:

  • Total Assets: $766,080
  • Total Liabilities: $86,786
  • Net Assets: $679,294

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHILDCARE FEES

Revenue

$1,140,867

Organization Details

Founding Year

2007

Principal Officer

Tracey Ann Spence

Main Address

6200 NW 11TH STREET, SUNRISE, FL, 33313

NTEE Category

Code: P33 - Human services

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