Overview
What is Marlborough Elementary Child Care Association Inc?
Marlborough Elementary Child Care Association Inc, situated in Marlborough, Connecticut, is a nonprofit organization. Their primary purpose is the operation of a daycare facility, catering to the needs of local children. This includes providing pre-school education, before and after school care, as well as summer camps. The association employs a team of 15 individuals, dedicated to ensuring the well-being and development of the children under their care. The child care center offers a comprehensive range of programs, aimed at nurturing and supporting the children in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Marlborough Elementary Child Care Association Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of performance in accountability and finance. The overall score is based entirely on this area, where the organization scored 82%. This suggests that the nonprofit is managing its financial health reasonably well while also demonstrating responsible governance practices.
Strengths of the organization include having a fully independent board, as all members are independent, and the board size is adequate with seven members. Moreover, the organization has not reported any material diversion of assets, which reflects a commitment to ethical management of resources. The program expense ratio is also strong at 70.25%, showcasing that a significant portion of expenditures is directed towards fulfilling its mission.
While the ratings are promising, there are always areas for improvement. Although the organization has demonstrated solid financial accountability, maintaining transparency and continuing to enhance program effectiveness will be essential for sustaining and potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Marlborough Elementary Child Care Association Inc legitimate?
Marlborough Elementary Child Care Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marlborough Elementary Child Care Association 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: $272,298
For more financial information, click here
What is the mission statement of Marlborough Elementary Child Care Association Inc?
The Marlborough Elementary Child Care Association Inc is dedicated to operating a daycare facility that caters to the needs of local children. This includes offering pre-school programs, before and after school care, as well as summer camps. Their mission, in essence, is to provide a nurturing environment for children, ensuring their well-being and development during these formative years. The association aims to contribute positively to the children's overall development, preparing them for their future educational journeys.
What is the revenue of Marlborough Elementary Child Care Association Inc?
Marlborough Elementary Child Care Association Inc's revenue in 2024 was $546,264.
Who are the executives of Marlborough Elementary Child Care Association Inc and what are their salaries?
The average compensation at Marlborough Elementary Child Care Association Inc during 2024 was $18,153. There are 15 employees at Marlborough Elementary Child Care Association Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Marlborough Elementary Child Care Association Inc?
Marlborough Elementary Child Care Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Marlborough Elementary Child Care Association Inc
Marlborough Elementary Child Care Association Inc is dedicated to providing essential child care services within the local community. Their mission is centered around operating a daycare facility that caters to the needs of children at various stages. This includes offering pre-school programs for young learners, as well as before and after school care for those in elementary school. Furthermore, during the summer months, the association organizes engaging summer camps to keep children entertained and engaged. By providing these comprehensive child care services, Marlborough Elementary Child Care Association Inc aims to support the families in their community, ensuring that their children have a safe and nurturing environment outside of school hours.
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Impact
July, 2024
Marlborough Elementary Child Care Association Inc plays a crucial role in providing child care services to the local community. By operating a daycare facility offering preschool, before and after school care, as well as summer camps, the organization ensures that children have a safe and nurturing environment to learn and grow. Through their programs, they contribute to the development and well-being of children, supporting working parents and families in balancing their responsibilities. Overall, the impact of Marlborough Elementary Child Care Association Inc extends to supporting the educational and social needs of children in the community.
This information is meant to be a general summary of Marlborough Elementary Child Care Association 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 2024.
- Investment Income: $22,220
- Program Service Revenue: $524,044
- Gross Receipts: $546,264
Assets and Liabilities:
- Total Assets: $716,381
- Total Liabilities: $6,216
- Net Assets: $710,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childcare
Revenue
$524,044
Organization Details
Founding Year
1985
Principal Officer
Sheenan Wallman
NTEE Category
Code: P33 - Human services
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