Overview
What is Mi Casita Day Care Inc?
Mi Casita Day Care Inc is a nonprofit organization situated in Camden, New Jersey, specifically at 551 Spruce Street. Their primary mission is to provide daycare services to families with low incomes. This includes offering daycare facilities for preschool-aged children, ensuring that these families meet certain income standards. With a dedicated workforce of 51 individuals, Mi Casita Day Care Inc is committed to supporting the early education and care needs of these families.
Official website here: www.micasitacdc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Mi Casita Day Care Inc has achieved a commendable Four-Star rating from Charity Navigator, signifying strong accountability and financial health. The organization scored exceptionally well in areas such as board independence and financial oversight, with 100% of its board members being independent. This indicates a robust governance structure, which is critical for maintaining trust and effectiveness in nonprofit operations.
The financial metrics also reflect positively on the day care, with a program expense ratio of 96.75%, suggesting that a significant portion of its funding is directed towards its core mission of providing quality childcare. Additionally, the liabilities to assets ratio of 5.50% indicates solid financial stability, minimizing risk in terms of debt relative to assets.
However, the organization does have some areas for improvement, particularly in its policies. It lacks a whistleblower policy and has not posted its tax form on its website, which are requirements that could enhance transparency and accountability. Addressing these gaps would further strengthen its operations and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mi Casita Day Care Inc legitimate?
Mi Casita Day Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mi Casita Day Care 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: $99,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,554,821
For more financial information, click here
Official website here: www.micasitacdc.com
What is the mission statement of Mi Casita Day Care Inc?
Mi Casita Day Care Inc's mission is centered around providing day care services for pre-school children from families whose income falls below a specified threshold. This mission is carried out with the aim of offering support to these low-income families. The day care center's activities primarily revolve around providing a nurturing environment for these children, ensuring they receive quality care and education during the day. The organization's efforts are instrumental in enabling these families to manage their daily responsibilities while their children are under professional care. Although the information provided does not specify any additional goals or initiatives, it is clear that Mi Casita Day Care Inc is committed to supporting low-income families and their pre-school children.
Official website here: www.micasitacdc.com
Who is the CEO of Mi Casita Day Care Inc?
Ana Trotter is the Exec. Director of Mi Casita Day Care Inc.
Official website here: www.micasitacdc.com
What is the revenue of Mi Casita Day Care Inc?
Mi Casita Day Care Inc's revenue in 2022 was $3,246,283.
Official website here: www.micasitacdc.com
Who are the executives of Mi Casita Day Care Inc and what are their salaries?
The average compensation at Mi Casita Day Care Inc during 2022 was $32,441. There are 51 employees at Mi Casita Day Care Inc.
Here are 10 key members and their salaries:
- Compensation: $99,671
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- Other: $0
Official website here: www.micasitacdc.com
Where can I find the form 990 for Mi Casita Day Care Inc?
Mi Casita Day Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.micasitacdc.com
Learn more at the official website: www.micasitacdc.com
Mission Statement of Mi Casita Day Care Inc
Mi Casita Day Care Inc is dedicated to providing day care services for pre-school children from families whose income falls below specified limits. This non-profit organization's mission is to offer a nurturing environment where these children can learn and grow while their families focus on other essential aspects of their lives. By offering day care services, Mi Casita Day Care Inc aims to support low-income families, ensuring that their children are well taken care of during the day. The organization's mission is to make a positive impact on the lives of these children and their families, providing them with the necessary care and support they need to thrive.
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Impact
October, 2024
Mi Casita Day Care Inc makes a significant impact on the community by providing essential day care services to preschool children from low-income families in Camden, NJ. By offering a safe and nurturing environment, the organization enables these families to pursue employment and education opportunities, knowing their children are well cared for during the day.
The services offered promote early childhood development, helping children acquire crucial social, emotional, and cognitive skills needed for future success. Furthermore, by catering specifically to families below specified income limits, Mi Casita Day Care Inc addresses critical barriers to accessible childcare, ultimately contributing to improved economic stability for families in the area. This support not only enhances the quality of life for the children and families served but also strengthens the community as a whole.
This information is meant to be a general summary of Mi Casita Day Care 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.
- Program Service Revenue: $27,718
- Gross Receipts: $3,246,283
Assets and Liabilities:
- Total Assets: $2,781,682
- Total Liabilities: $153,044
- Net Assets: $2,628,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$27,718
Organization Details
Founding Year
1971
Phone
(856) 541-4772Principal Officer
Ana Trotter
Main Address
551 SPRUCE STREET, CAMDEN, NJ, 08103
Website
www.micasitacdc.comNTEE Category
Code: P33 - Human services
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