Overview
What is Mount Olive Child Development Center?
Mount Olive Child Development Center is a nonprofit organization located in Hartford, Connecticut, with a focus on providing affordable and high-quality daycare services. Serving approximately 72 toddlers and 164 pre-school age children, the center's mission is to offer convenient and top-notch daycare services, foster a coordinated support system within the community, and raise public awareness about the importance and availability of child care services. With a dedicated workforce of 73 employees, Mount Olive Child Development Center strives to make a positive impact on the lives of young children and their families in the area.
Official website here: www.mocm.org/resources/day-care
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Mount Olive Child Development Center has received an excellent Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The rating is based on a comprehensive evaluation, with a perfect score in several key areas including a majority of independent board members, effective financial oversight, and no material diversion of assets, indicating a high level of trust and transparency.
The organization excels in its financial management, boasting a program expense ratio of 87.31%. This means that a significant portion of its funding is directed towards programs rather than administrative costs, demonstrating its commitment to maximizing the impact of its resources. Their comprehensive policies on conflict of interest, whistleblower protections, and document retention further enhance their credibility and operational integrity.
Despite the strong rating and positive feedback regarding fiscal practices, no specific information is provided about the direct impact of their programs on the community or the children they serve. This absence of programmatic detail could be seen as a limitation for potential donors seeking to understand the effectiveness and reach of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Olive Child Development Center legitimate?
Mount Olive Child Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Olive Child Development Center 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: $99,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,755,508
For more financial information, click here
Official website here: www.mocm.org/resources/day-care
What is the mission statement of Mount Olive Child Development Center?
The Mount Olive Child Development Center's mission is centered around providing convenient and affordable high-quality daycare services. Their goal is to establish a coordinated support system within the community and raise public awareness about the necessities and advantages of childcare services. The center aims to cater to approximately 72 toddlers and 164 pre-school age children, offering them a nurturing environment.
Official website here: www.mocm.org/resources/day-care
Who is the CEO of Mount Olive Child Development Center?
Julienne Davis is the Executive Di of Mount Olive Child Development Center.
Official website here: www.mocm.org/resources/day-care
What is the revenue of Mount Olive Child Development Center?
Mount Olive Child Development Center's revenue in 2022 was $3,709,313.
Official website here: www.mocm.org/resources/day-care
Who are the executives of Mount Olive Child Development Center and what are their salaries?
The average compensation at Mount Olive Child Development Center during 2022 was $25,416. There are 73 employees at Mount Olive Child Development Center.
Here are 11 key members and their salaries:
- Compensation: $68,809
- Related: $0
- Other: $14,411
- Compensation: $31,061
- Related: $0
- Other: $759
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mocm.org/resources/day-care
Where can I find the form 990 for Mount Olive Child Development Center?
Mount Olive Child Development Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mocm.org/resources/day-care
Learn more at the official website: www.mocm.org/resources/day-care
Mission Statement of Mount Olive Child Development Center
Mount Olive Child Development Center is committed to providing convenient and affordable quality day care services. Their mission is twofold: firstly, they aim to establish a coordinated support system within the community. Secondly, they strive to increase public awareness of child care needs and services. By offering affordable and high-quality day care services, Mount Olive Child Development Center seeks to cater to the needs of approximately 72 toddlers and 164 pre-school age children. This nonprofit organization's mission is vital in ensuring that children receive the best care while their parents are engaged in their daily activities, and in raising awareness about the importance of child care services within the community.
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Impact
October, 2024
Mount Olive Child Development Center significantly enhances the community by providing convenient and affordable quality day care services. Serving approximately 72 toddlers and around 164 preschool-age children, it plays a crucial role in early childhood development. The center creates a supportive environment for families, helping to alleviate the challenges associated with childcare. By fostering awareness of childcare needs and services, it encourages community engagement and promotes a culture that values early childhood education. This coordinated support system ultimately strengthens families and contributes to the overall well-being of the Hartford community by ensuring that children have access to vital early learning opportunities.
This information is meant to be a general summary of Mount Olive Child Development Center. 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: $2,699
- Program Service Revenue: $1,154,920
- Gross Receipts: $3,709,313
Assets and Liabilities:
- Total Assets: $4,576,053
- Total Liabilities: $1,922,376
- Net Assets: $2,653,677
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,154,920
Organization Details
Founding Year
1984
Phone
(860) 549-4380Principal Officer
Julienne Davis
Main Address
30 BATTLES STREET, HARTFORD, CT, 061202113
NTEE Category
Code: P33Z - Human services
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