Overview
What is Millville Day Care Center Inc?
Millville Day Care Center Inc, situated in Millville, New Jersey, is a nonprofit organization that provides child care services for infants up to five years old. The center receives funding for meals through the State of New Jersey's Child Care Food Program. The primary source of financial support for the center comes from parent tuition payments, the New Jersey Child Care Assistance Program, and NJCK Program payments. To qualify for the New Jersey Child Care Assistance and NJCK programs, parents must meet specific income and job guidelines. The center's mission is to offer child care services to children from various financial backgrounds, ensuring a nurturing environment for their growth and development. With a staff of 55 dedicated individuals, Millville Day Care Center Inc is committed to providing quality care for young children in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Millville Day Care Center Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. The organization scored an impressive 90% on its Accountability & Finance metrics, indicating a solid commitment to transparency and responsible fiscal practices. These high ratings suggest that donors can trust the organization to effectively manage funds and direct a significant portion towards its programs.
One of the standout features of Millville Day Care Center Inc is its fully independent board, which enhances governance quality. The board consists of eight independent members, contributing to an overall score of 100% for independent board members. The organization also performs exceptionally well in financial oversight, boasting a robust audit and oversight committee, and no material diversions of assets, which underscores its integrity in financial operations.
While the organization demonstrates strengths in governance and financial ratios, such as a low liabilities-to-assets ratio and a program expense ratio of 90%, ongoing attention to these areas will be essential. Maintaining high standards in accountability and transparency will be crucial in sustaining donor confidence and support in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Millville Day Care Center Inc legitimate?
Millville Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millville 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: $137,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Millville Day Care Center Inc?
The Millville Day Care Center Inc, as a mission, provides a child care program catering to children from diverse financial backgrounds. The primary objective is to offer a nurturing environment for children ranging from infancy to five years of age. The center's funding sources include parent tuition payments, New Jersey Child Care Assistance Program, and NJCK Program payments. The State of New Jersey Child Care Food Program also contributes towards serving meals for the children. The main aim of the center is to make quality child care accessible to families who qualify based on income and job guidelines.
Who is the CEO of Millville Day Care Center Inc?
Dayna Thompson is the President of Millville Day Care Center Inc.
What is the revenue of Millville Day Care Center Inc?
Millville Day Care Center Inc's revenue in 2022 was $2,323,803.
Who are the executives of Millville Day Care Center Inc and what are their salaries?
The average compensation at Millville Day Care Center Inc during 2022 was $2,496. There are 55 employees at Millville Day Care Center Inc.
Here are 7 key members and their salaries:
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- Compensation: $128,574
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Where can I find the form 990 for Millville Day Care Center Inc?
Millville Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Millville Day Care Center Inc
Millville Day Care Center Inc is committed to providing child care services for children from diverse financial backgrounds. In line with its mission, this nonprofit organization offers a day care program catering to children from infancy up to five years of age. The primary funding sources for this day care center include parent tuition payments, the New Jersey Child Care Assistance Program, and the NJCK Program. To qualify for these assistance programs, parents must meet specific income and job eligibility criteria set by the State of New Jersey. The meals served to the children in the day care program are funded through the State of New Jersey's Child Care Food Program, ensuring that the children receive nutritious meals during their time at the center. Overall, Millville Day Care Center Inc is dedicated to providing quality child care services to children from various financial backgrounds, ensuring their well-being and development during their early years.
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Impact
October, 2024
Millville Day Care Center Inc plays a vital role in the community by providing accessible child care for families from various financial backgrounds. Catering to children from infancy to five years of age, the center ensures that young learners receive nutritious meals supported by the State of New Jersey Child Care Food Program. This initiative not only addresses the immediate needs of families but also promotes healthy development in early childhood.
By offering a structured environment for learning and socialization, the center helps children build essential skills that set the foundation for their future education. The program is also crucial for working parents, enabling them to pursue employment while ensuring their children are in a safe and nurturing setting. Additionally, the center's flexibility in payment options through parent tuition, alongside assistance programs like the New Jersey Child Care Assistance Program and NJCK Program, underscores its commitment to supporting families regardless of their financial circumstances.
Overall, Millville Day Care Center Inc fosters a sense of community and stability for children and their families, contributing to the social and economic vitality of Millville, NJ. Its programs not only ease the challenges of child care for working parents but also enrich the lives of the children by promoting early education and healthy development.
This information is meant to be a general summary of Millville 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,651
- Program Service Revenue: $1,463,673
- Gross Receipts: $2,333,184
Assets and Liabilities:
- Total Assets: $2,446,502
- Total Liabilities: $152,181
- Net Assets: $2,294,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Cares for Kids Program
Revenue
$1,327,118
Tuition
Revenue
$136,555
Organization Details
Founding Year
1968
Phone
(856) 825-9364Principal Officer
Dayna Thompson
Main Address
911 Columbia Avenue, Millville, NJ, 08332
NTEE Category
Code: P33 - Human services
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