Overview
What is El Centro Comunal Borincano Daycare?
El Centro Comunal Borincano Daycare is a nonprofit institution situated in Camden, New Jersey, dedicated to providing high-quality daycare services for children and infants. With a capacity to accommodate approximately 160 young ones, the center has a mission to ensure their care is of the utmost standard. The daycare's operations involve running programs that effectively cater to the needs of these children, demonstrating a commitment to their wellbeing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
El Centro Comunal Borincano Daycare has earned a strong rating of 86% from Charity Navigator, reflecting its commitment to accountability and financial management. The rating is derived entirely from a single beacon score, emphasizing the organization's solid practices in these areas. The high percentage indicates effective governance, with an entirely independent board and well-maintained financial statements.
The organization demonstrates robust financial health, as shown by its low liabilities to assets ratio of 28.43% and a program expense ratio of 78.67%. This suggests that a significant portion of its funds is directed toward fulfilling its mission, which is commendable. The presence of a comprehensive conflict of interest policy and documented board meeting minutes further enhance its credibility.
While the overall rating is positive, it is based solely on accountability and finance metrics. There may be other factors influencing the overall effectiveness of the organization that are not captured in this financial snapshot.
This AI summary has been generated from information found on Charity Navigator.
Is El Centro Comunal Borincano Daycare legitimate?
El Centro Comunal Borincano Daycare is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Centro Comunal Borincano Daycare 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: $143,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,524,624
For more financial information, click here
What is the mission statement of El Centro Comunal Borincano Daycare?
El Centro Comunal Borincano Daycare's mission is centered around providing high-quality child and infant day care services. Their primary objective is to successfully cater to the needs of approximately 160 children, demonstrating their commitment to delivering top-notch care. The daycare's programs are designed with this mission in mind, aiming to offer a nurturing environment for the children's growth and development.
What is the revenue of El Centro Comunal Borincano Daycare?
El Centro Comunal Borincano Daycare's revenue in 2023 was $3,351,509.
Who are the executives of El Centro Comunal Borincano Daycare and what are their salaries?
The average compensation at El Centro Comunal Borincano Daycare during 2023 was $26,473. There are 63 employees and 15 volunteers at El Centro Comunal Borincano Daycare.
Here are 11 key members and their salaries:
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Where can I find the form 990 for El Centro Comunal Borincano Daycare?
El Centro Comunal Borincano Daycare's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of El Centro Comunal Borincano Daycare
El Centro Comunal Borincano Daycare is dedicated to delivering top-notch child and infant day care services. Their mission revolves around providing quality care for approximately 160 children in Camden, New Jersey. The organization prides itself on creating an environment that effectively caters to the needs of its young charges.
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Impact
October, 2024
El Centro Comunal Borincano Daycare significantly impacts the Camden, NJ community by providing essential child and infant care services. Serving approximately 160 children, it emphasizes quality care that supports child development and well-being. The daycare creates a safe, nurturing environment, fostering early learning and socialization among young children.
By enabling parents to pursue work or education with peace of mind, the center contributes to the economic stability of families. Furthermore, the daycare engages with the community, promoting access to resources and support that enhance family life. Overall, El Centro Comunal Borincano Daycare plays a vital role in fostering a healthier, more empowered community in Camden.
This information is meant to be a general summary of El Centro Comunal Borincano Daycare. 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 2023.
- Program Service Revenue: $786,658
- Gross Receipts: $3,351,509
Assets and Liabilities:
- Total Assets: $4,412,511
- Total Liabilities: $1,254,751
- Net Assets: $3,157,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ABBOTT PROGRAM FEES
Revenue
$677,555
STUDENT TUITIONS
Revenue
$109,103
Organization Details
Founding Year
1976
Principal Officer
Antonia Plaza
NTEE Category
Code: P33 - Human services
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