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Parsippany Child Day Care Center Inc

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

EIN: 221864906 ✦ Parsippany, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Parsippany Child Day Care Center Inc?

Parsippany Child Day Care Center Inc is a nonprofit organization situated in Parsippany, New Jersey. With a team of 31 dedicated individuals, their primary mission is to offer day care services and educational development for children aged six weeks to six years old, supporting families residing in Parsippany and its surrounding areas. The organization aims to provide a nurturing environment that fosters growth and learning, ensuring the overall development of the children under their care.


Official website here: www.parsippanychilddaycare.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

Parsippany Child Day Care Center Inc has received a strong Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance. With an impressive score of 92%, the organization demonstrates a commitment to transparency and responsible financial management, which is crucial for donor trust and support.

The organization boasts a fully independent board, with all eight members meeting criteria for independence. Additionally, it has a robust audit and oversight committee, showcasing its dedication to financial integrity. The majority of its expenditures, approximately 87.59%, are directed towards programs, indicating a strong focus on fulfilling its mission.

However, it is important to note that the organization is missing a conflict of interest policy, which could be a concern for some stakeholders. Despite this limitation, the overall financial health and governance practices of Parsippany Child Day Care Center Inc position it as a responsible and effective nonprofit in the community.


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

Is Parsippany Child Day Care Center Inc legitimate?

Parsippany Child Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parsippany Child Day Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,857

For more financial information, click here


Official website here: www.parsippanychilddaycare.com

What is the mission statement of Parsippany Child Day Care Center Inc?

The Parsippany Child Day Care Center Inc is dedicated to providing day care services and fostering educational development for children aged six weeks to six years old. Their mission is to support the families in the Township of Parsippany and surrounding areas by offering a nurturing environment that aids in the children's growth and learning. The center's primary focus is on offering high-quality day care services, with an emphasis on promoting educational development in young children.


Official website here: www.parsippanychilddaycare.com

Who is the CEO of Parsippany Child Day Care Center Inc?

Gordon Meth is the Executive Director of Parsippany Child Day Care Center Inc.


Official website here: www.parsippanychilddaycare.com

What is the revenue of Parsippany Child Day Care Center Inc?

Parsippany Child Day Care Center Inc's revenue in 2023 was $1,251,285.


Official website here: www.parsippanychilddaycare.com

Who are the executives of Parsippany Child Day Care Center Inc and what are their salaries?

The average compensation at Parsippany Child Day Care Center Inc during 2023 was $22,415. There are 31 employees and 5 volunteers at Parsippany Child Day Care Center Inc.


Here are 9 key members and their salaries:


Peggy Rauscher (Executive Director)
  • Compensation: $65,482
  • Related: $0
  • Other: $0
Linda Mlynarski (Assistant Director / Executive Director)
  • Compensation: $58,707
  • Related: $0
  • Other: $0
Gordon Meth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meera Bhavsar (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lennox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Tiesi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neeta Dhopeshwarkar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Hernandez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Parikh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parsippanychilddaycare.com

Where can I find the form 990 for Parsippany Child Day Care Center Inc?

Parsippany Child Day Care Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.parsippanychilddaycare.com

Learn more at the official website: www.parsippanychilddaycare.com

Mission Statement of Parsippany Child Day Care Center Inc

Parsippany Child Day Care Center Inc is dedicated to providing day care services and fostering educational development for children aged six weeks to six years old, hailing from families residing in Parsippany and its surrounding areas. The organization's mission is twofold: firstly, it offers a nurturing environment where young children can learn and grow under the supervision of qualified caregivers. Secondly, it is committed to promoting the cognitive and social development of these children, ensuring they have a strong foundation for their future educational journey. By providing high-quality day care services, Parsippany Child Day Care Center Inc strives to support working families, enabling them to balance their professional and parental responsibilities while ensuring their children receive the best possible care and education.

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Impact




October, 2024

Parsippany Child Day Care Center Inc significantly enhances the well-being of families in Parsippany and the surrounding areas by offering essential day care services and educational development for children aged six weeks to six years. The center plays a critical role in the community by providing a safe and nurturing environment where young children can thrive.

With a focus on early childhood education, the center supports the developmental needs of children, promoting cognitive, social, and emotional growth. This foundational development is crucial as it lays the groundwork for lifelong learning and success. In addition to enhancing child development, the center also alleviates the burden on working parents by providing reliable care, enabling them to pursue their careers while ensuring their children are in a supportive and enriching setting.

Overall, Parsippany Child Day Care Center Inc fosters both child development and family stability, contributing to a healthier, stronger community.




This information is meant to be a general summary of Parsippany Child Day Care 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.

Revenue
$1,251,285 (2023)
Expenses
$1,005,282 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $915,111
  • Gross Receipts: $1,251,285

Assets and Liabilities:

  • Total Assets: $630,343
  • Total Liabilities: $46,891
  • Net Assets: $583,452

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Programs

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

PARENT FEES

Revenue

$297,106

STATE OF NJ, DIVISION OF FOOD & NUTRITION SERVICES

Revenue

$47,829

STATE OF NJ, DIVISION OF FAMILY DEVELOPMENT

Revenue

$491,951

UNITED WAY UNITED IN CARE

Revenue

$78,225

Organization Details

Founding Year

1968

Principal Officer

Gordon Meth

Main Address

300 BALDWIN ROAD, PARSIPPANY, NJ, 07054

NTEE Category

Code: P33Z - Human services

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