Overview
What is Otter Creek Child Center Inc?
Otter Creek Child Center Inc is a nonprofit organization dedicated to offering top-notch child care services. Situated within their facilities, they cater to infants and pre-kindergarten students through a tailored curriculum. The primary goal of Otter Creek Child Center is to deliver exceptional care for young children, ensuring their overall development and well-being. This includes providing a nurturing environment that fosters growth and learning, ultimately shaping future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating 75%
Otter Creek Child Center Inc has received a Three-Star out of Four Star rating from Charity Navigator, reflecting a score of 75%. This rating is based entirely on their Accountability & Finance metrics, indicating that the organization demonstrates a solid financial management framework. The organization shows strong adherence to best practices, particularly in areas such as board independence and effective conflict of interest policies.
The center has an entirely independent board with 11 members, ensuring that decision-making is free from external influence. Additionally, they maintain a low liabilities-to-assets ratio of 11.84%, showcasing financial stability and responsible asset management. Their program expense ratio is also commendable, with nearly 79% of expenses going directly to programs, which suggests a strong commitment to fulfilling their mission.
While the overall score indicates a reliable organization, the rating primarily emphasizes financial accountability without evaluating other potential areas such as program effectiveness or impact. Therefore, while Otter Creek Child Center Inc shows good fiscal responsibility, prospective donors may want to consider additional factors regarding the outcomes of their programs.
This AI summary has been generated from information found on Charity Navigator.
Is Otter Creek Child Center Inc legitimate?
Otter Creek Child Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otter Creek Child 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: $68,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Otter Creek Child Center Inc?
Otter Creek Child Center Inc's mission is centered around providing exceptional child care services for infants up to pre-kindergarten students. Their curriculum is tailored to cater to the needs of these young learners. The organization's primary goal is to ensure the well-being and development of these children, offering them a nurturing environment that fosters growth and learning.
Who is the CEO of Otter Creek Child Center Inc?
Linda January is the Executive Director of Otter Creek Child Center Inc.
What is the revenue of Otter Creek Child Center Inc?
Otter Creek Child Center Inc's revenue in 2022 was $1,505,002.
Who are the executives of Otter Creek Child Center Inc and what are their salaries?
The average compensation at Otter Creek Child Center Inc during 2022 was $1,159. There are 59 employees and 2 volunteers at Otter Creek Child Center Inc.
Here are 11 key members and their salaries:
- Compensation: $66,510
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Otter Creek Child Center Inc?
Otter Creek Child Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Otter Creek Child Center Inc
Otter Creek Child Center, a renowned organization, is committed to providing exceptional care for children from infancy to the pre-kindergarten stage. Their mission is to create a nurturing environment where these young learners can thrive. The center offers a curriculum specifically designed to cater to the unique needs of each age group, ensuring a well-rounded developmental experience. By prioritizing the well-being and education of young children, Otter Creek Child Center aims to lay a solid foundation for their future success.
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Impact
October, 2024
Otter Creek Child Center Inc significantly impacts the Middlebury, VT community by providing high-quality child care services tailored for infants through pre-kindergarten students. Their carefully designed curriculum focuses on fostering the development of young children, ensuring they receive exceptional care in a nurturing environment. This positive environment not only supports children's growth but also enables parents to pursue their personal and professional goals, knowing their children are in safe and enriching surroundings. The center plays a crucial role in laying a solid foundation for early childhood education, contributing to the overall well-being and development of the community's youngest members.
This information is meant to be a general summary of Otter Creek Child 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: $9,862
- Program Service Revenue: $822,803
- Gross Receipts: $1,505,002
Assets and Liabilities:
- Total Assets: $1,174,124
- Total Liabilities: $113,567
- Net Assets: $1,060,557
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$789,175
Consortium Funds
Revenue
$33,628
Organization Details
Founding Year
1984
Phone
(802) 388-9688Principal Officer
Linda January
Main Address
150 Weybridge Street, Middlebury, VT, 05753
NTEE Category
Code: P33 - Human services
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