Overview
What is Margaret P Muscarelle Child Development Center Inc?
Margaret P Muscarelle Child Development Center Inc is a nonprofit organization situated in Garfield, New Jersey. Established with the mission to create a wholesome and secure environment for young children's growth and development, it offers early care and education services to low- to moderate-income families who might otherwise struggle with affordability. The center employs a team of 28 individuals and ensures the provision of nutritious meals and snacks daily. The state of New Jersey implemented an electronic time and attendance system called ECC, which Margaret P Muscarelle Child Development Center Inc utilizes for families on various childcare funding streams.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Margaret P Muscarelle Child Development Center Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is significant as it reflects the organization’s commitment to transparency and responsible management of resources, essential for gaining public trust and support.
Strengths of the organization include an entirely independent board, rigorous financial oversight, and a strong program expense ratio of over 92%. These elements demonstrate the center's effective governance and prioritization of funding towards its mission. Additionally, having well-defined policies regarding conflicts of interest and whistleblower protections enhances its operational integrity.
While the data indicates a strong financial standing, further information regarding the impact of its programs on child development would provide a fuller picture of its effectiveness. Nonetheless, the current metrics suggest that the center is well-managed and dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Margaret P Muscarelle Child Development Center Inc legitimate?
Margaret P Muscarelle Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret P Muscarelle Child Development Center 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: $70,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,904
For more financial information, click here
What is the mission statement of Margaret P Muscarelle Child Development Center Inc?
The Margaret P Muscarelle Child Development Center Inc was established with the primary goal of providing a nurturing, secure environment for the educational and developmental needs of young children from low and moderate-income families. The organization's mission is to augment and support the influence of their parents, encouraging social, emotional, physical, and intellectual growth and development of the child as a whole. The center offers full-time early care and education services, supplemented by nutritious meals, including breakfast, lunch, and snacks daily. The center's activities are aimed at fostering an atmosphere that promotes holistic growth and development in children.
Who is the CEO of Margaret P Muscarelle Child Development Center Inc?
Anna N Chen is the President of Margaret P Muscarelle Child Development Center Inc.
What is the revenue of Margaret P Muscarelle Child Development Center Inc?
Margaret P Muscarelle Child Development Center Inc's revenue in 2022 was $950,993.
Who are the executives of Margaret P Muscarelle Child Development Center Inc and what are their salaries?
The average compensation at Margaret P Muscarelle Child Development Center Inc during 2022 was $19,749. There are 28 employees and 9 volunteers at Margaret P Muscarelle Child Development Center Inc.
Here are 10 key members and their salaries:
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- Compensation: $69,583
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- Other: $95
Where can I find the form 990 for Margaret P Muscarelle Child Development Center Inc?
Margaret P Muscarelle Child Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Margaret P Muscarelle Child Development Center Inc
Margaret P Muscarelle Child Development Center Inc was established with a mission to provide a nurturing, secure environment for the education and development of young children. The organization supports and enhances the influence of their parents, fostering an atmosphere that encourages social, emotional, physical, and intellectual growth and development in the children. This nonprofit organization offers full-time early care and education services to low and moderate-income families who would otherwise struggle to afford quality child care. To further support the children's development, Margaret P Muscarelle Child Development Center Inc provides a nutritious breakfast, lunch, and snack daily.
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Impact
October, 2024
The Margaret P Muscarelle Child Development Center Inc significantly enriches the community by providing comprehensive early care and education services to low and moderate-income families, who might struggle to afford quality childcare otherwise. By offering a safe and nurturing environment, the center supports the holistic development of young children, focusing on their social, emotional, physical, and intellectual growth.
Daily nutritious meals, including breakfast, lunch, and snacks, are provided, ensuring that children receive essential nourishment critical for their development. The center also collaborates with the state of New Jersey's Electronic Child Care system, allowing families to seamlessly access childcare services funded by various state programs.
By empowering families and enhancing the educational foundations of children, Margaret P Muscarelle Child Development Center Inc fosters a positive impact that echoes throughout Garfield, NJ, helping to build a healthier and more knowledgeable community for future generations.
This information is meant to be a general summary of Margaret P Muscarelle Child Development Center 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: $8,045
- Program Service Revenue: $912,070
- Gross Receipts: $950,993
Assets and Liabilities:
- Total Assets: $1,544,917
- Total Liabilities: $25,345
- Net Assets: $1,519,572
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$773,895
TUITION FEES
Revenue
$138,175
Organization Details
Founding Year
1951
Phone
(973) 478-3080Principal Officer
Anna N Chen
Main Address
1 WALNUT STREET, GARFIELD, NJ, 07026
NTEE Category
Code: P33 - Human services
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