Sarah Ward Nursery Corporation

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

EIN: 221542344 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Sarah Ward Nursery Corporation?

Sarah Ward Nursery Corporation is a nonprofit organization situated in Newark, New Jersey, at 27 Jay Street. Their primary focus is on offering high-quality early childhood education and care to families, aiming to boost the overall development of children while also serving as a supportive system for the family unit. Their mission involves providing educational services to families, promoting growth in various developmental areas such as social, emotional, physical, and cognitive skills. The organization currently employs 56 individuals, showcasing their commitment to this cause.


Official website here: www.sarahwardnursery.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% - Two-Star out of Four Stars

Sarah Ward Nursery Corporation has received a moderate rating of 69%, indicating some strengths but also notable weaknesses in its accountability and financial practices. The organization has a strong independent board, with all members being independent and a solid score in terms of liabilities to assets, suggesting sound financial health.

However, the charity's low scores in key areas such as conflict of interest policy, whistleblower policy, and document retention indicate a lack of robust governance practices. These shortcomings may raise concerns about transparency and ethical oversight, which are essential for building trust with stakeholders and donors.

Despite these challenges, the organization allocates a significant portion of its expenses toward programs, with a program expense ratio of 76.37%, which reflects a commitment to its mission. Addressing the governance issues could enhance its credibility and effectiveness in fulfilling its objectives.


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

Is Sarah Ward Nursery Corporation legitimate?

Sarah Ward Nursery Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarah Ward Nursery 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: $189,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,909,215

For more financial information, click here


Official website here: www.sarahwardnursery.org

What is the mission statement of Sarah Ward Nursery Corporation?

Sarah Ward Nursery Corporation's mission is centered around providing top-notch educational support services to families. Their primary goal is to offer high-quality early childhood education and care to families, aiming to enhance the overall development of children. The corporation also serves as a support system for families, promoting growth in various developmental areas such as social, emotional, physical, and cognitive development. Their mission is to provide an educational preschool setting that not only nurtures the intellectual growth of children but also supports the family unit as a whole.


Official website here: www.sarahwardnursery.org

Who is the CEO of Sarah Ward Nursery Corporation?

John T Rich is the Executive Director of Sarah Ward Nursery Corporation.


Official website here: www.sarahwardnursery.org

What is the revenue of Sarah Ward Nursery Corporation?

Sarah Ward Nursery Corporation's revenue in 2022 was $5,008,275.


Official website here: www.sarahwardnursery.org

Who are the executives of Sarah Ward Nursery Corporation and what are their salaries?

The average compensation at Sarah Ward Nursery Corporation during 2022 was $37,484. There are 56 employees at Sarah Ward Nursery Corporation.


Here are 5 key members and their salaries:


John T Rich (Executive Director)
  • Compensation: $189,889
  • Related: $0
  • Other: $3,539
Susan Britt (Treasurertrustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Lupton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Greig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Young (Presidenttrustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sarahwardnursery.org

Where can I find the form 990 for Sarah Ward Nursery Corporation?

Sarah Ward Nursery Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sarahwardnursery.org

Learn more at the official website: www.sarahwardnursery.org

Mission Statement of Sarah Ward Nursery Corporation

Sarah Ward Nursery Corporation is dedicated to delivering top-notch educational services to families, with a particular focus on early childhood education and family support. The organization's mission is to establish a preschool setting that provides high-quality early childhood education and care, aiming to enhance the overall development of children. This development encompasses various aspects, including social, emotional, physical, and cognitive growth. By serving as a supportive system for the family unit, Sarah Ward Nursery Corporation strives to promote a holistic development journey for both children and their families. The preschool's mission is not just about nurturing young minds but also about providing the necessary support to strengthen the family as a whole.

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Impact




October, 2024

Sarah Ward Nursery Corporation significantly impacts the community by providing high-quality educational services designed to support both children's development and family needs. Located in Newark, NJ, it offers an educational preschool setting that focuses on enhancing the overall development of children through comprehensive early childhood education and care.

The nursery promotes growth in key developmental areas, including social, emotional, physical, and cognitive skills, ensuring that children receive a well-rounded foundation for their future learning. By creating a nurturing environment, Sarah Ward Nursery serves as a critical support system for families, helping them navigate the early stages of their children's education while fostering strong family connections. This holistic approach not only benefits individual children but also contributes to the well-being of the entire family unit, ultimately enriching the community as a whole.




This information is meant to be a general summary of Sarah Ward Nursery 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
$5,008,275 (2022)
Expenses
$3,593,790 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,423
  • Program Service Revenue: $642,723
  • Gross Receipts: $5,008,275

Assets and Liabilities:

  • Total Assets: $2,184,821
  • Total Liabilities: $251,745
  • Net Assets: $1,933,076

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Programs

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

ABBOTT VOUCHER INCOME

Revenue

$557,268

PARENT FEES

Revenue

$85,455

Organization Details

Founding Year

1908

Principal Officer

John T Rich

Main Address

27 JAY STREET, NEWARK, NJ, 07103

NTEE Category

Code: B21 - Education

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