Overview
What is The Memorial Day Nursery Of Paterson Inc?
The Memorial Day Nursery of Paterson Inc., located in Paterson, New Jersey, is a nonprofit organization dedicated to providing early education for children aged three to four. They operate a ten-month pre-kindergarten program that offers a solid foundation in social, educational, and emotional skills. The nursery fosters cognitive, social, physical, and emotional development in partnership with the children's families, ensuring they have the necessary support to succeed. Moreover, they offer additional services such as before and after care, and summer camp programs at a nominal fee. With a team of 75 employees, they strive to make quality education accessible to the community.
Official website here: www.mdnursery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating) from Charity Navigator.
The Memorial Day Nursery Of Paterson Inc has received a Three-Star rating due to its solid performance in accountability and finance, scoring 81%. This rating reflects a strong commitment to transparency and responsible management of resources, with all components of the overall score deriving from the Accountability & Finance beacon.
The organization demonstrates notable strengths, including a fully independent board with no material diversion of assets and high program expense efficiency, allocating over 91% of its budget directly to its programs. Moreover, it adheres to best practices regarding governance policies, including conflict of interest and whistleblower protections, which further enhances its credibility.
Despite its solid rating, the summary does not highlight any specific limitations or areas for improvement. Overall, The Memorial Day Nursery Of Paterson Inc appears to be effectively managed, emphasizing accountability while focusing on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Memorial Day Nursery Of Paterson Inc legitimate?
The Memorial Day Nursery Of Paterson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Memorial Day Nursery Of Paterson 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,123,912
For more financial information, click here
Official website here: www.mdnursery.org
What is the mission statement of The Memorial Day Nursery Of Paterson Inc?
The Memorial Day Nursery of Paterson Inc. is committed to providing an educationally appropriate program for children aged three to four. In collaboration with their families, the nursery aims to foster cognitive, social, physical, and emotional development in these children, supporting them to succeed. The organization operates a free ten-month pre-kindergarten program, providing children with a solid foundation in social, educational, and emotional skills. Additional services, such as before and after care and summer camps, are also available at a nominal fee. The nursery's mission is focused on empowering these young children to reach their full potential.
Official website here: www.mdnursery.org
Who is the CEO of The Memorial Day Nursery Of Paterson Inc?
Gina M Johnson is the President of The Memorial Day Nursery Of Paterson Inc.
Official website here: www.mdnursery.org
What is the revenue of The Memorial Day Nursery Of Paterson Inc?
The Memorial Day Nursery Of Paterson Inc's revenue in 2022 was $5,625,499.
Official website here: www.mdnursery.org
Who are the executives of The Memorial Day Nursery Of Paterson Inc and what are their salaries?
The average compensation at The Memorial Day Nursery Of Paterson Inc during 2022 was $43,652. There are 75 employees at The Memorial Day Nursery Of Paterson Inc.
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- Compensation: $163,400
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Official website here: www.mdnursery.org
Where can I find the form 990 for The Memorial Day Nursery Of Paterson Inc?
The Memorial Day Nursery Of Paterson Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mdnursery.org
Learn more at the official website: www.mdnursery.org
Mission Statement of The Memorial Day Nursery Of Paterson Inc
The Memorial Day Nursery of Paterson Inc is dedicated to providing an educationally appropriate program for children aged three to four. Their mission, in partnership with the children's families, is to foster cognitive, social, physical, and emotional development. The organization offers these children the necessary support to succeed, ensuring they have a solid foundation for their future.
This is achieved through a free ten-month pre-kindergarten program. This program focuses on providing children with essential social, educational, and emotional skills. Beyond this, extended pre-kindergarten, before and after care, and summer camp programs are also available at a nominal fee to accommodate all children. These additional programs aim to further enhance the children's learning experiences and prepare them for their future educational journeys.
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Impact
October, 2024
The Memorial Day Nursery of Paterson Inc. significantly impacts the community by providing a quality educational program tailored for children ages three to four. Through its curriculum, the nursery fosters cognitive, social, physical, and emotional development, creating a nurturing environment where children can thrive.
By partnering with families, the nursery promotes a collaborative approach to education, ensuring that children receive not only academic support but also the emotional and social skills necessary for future success. The free ten-month and extended pre-kindergarten programs lay a solid foundation for lifelong learning and development. Additionally, offering before and after care, along with summer camp programs at a nominal fee, ensures that these resources are accessible to all families, contributing to the overall well-being of the community.
This initiative plays a crucial role in preparing young children for their educational journeys, fostering a supportive environment that promotes growth and achievement. As a result, The Memorial Day Nursery of Paterson Inc. strengthens the fabric of the community by investing in its youngest members and empowering families.
This information is meant to be a general summary of The Memorial Day Nursery Of Paterson 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.
- Investment Income: $360
- Program Service Revenue: $738,015
- Gross Receipts: $5,625,499
Assets and Liabilities:
- Total Assets: $2,992,663
- Total Liabilities: $1,734,324
- Net Assets: $1,258,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE SERVICES
Revenue
$738,015
Organization Details
Founding Year
1904
Phone
(973) 742-4873Principal Officer
Gina M Johnson
Main Address
397 GRAND STREET, PATERSON, NJ, 07505
Website
www.mdnursery.orgNTEE Category
Code: P330 - Human services
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