Overview
What is Sharon Day Care Center Inc?
Sharon Day Care Center Inc is a nonprofit organization, situated in Sharon, Connecticut, focusing primarily on childcare and education. As a child day care organization, they provide programs that cater to the educational needs and care of children. Their mission is to offer a nurturing environment where children can learn and grow, promoting their overall development. The center is classified under this category and is an integral part of the Sharon community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall, Sharon Day Care Center Inc has received a two-star rating with a score of 71%. This indicates that while the organization demonstrates some strengths in accountability and financial practices, there are significant areas needing improvement. The high program expense ratio of 99.93% suggests that the organization is effectively directing funds towards its programs rather than administrative costs.
One of the notable strengths includes the presence of a fully independent board, which signifies good governance practices. However, the organization has multiple weaknesses, particularly in transparency and documentation. It has not provided financial statements, nor does it have a conflict of interest policy or a whistleblower policy, which are critical for ensuring accountability.
Additionally, the absence of a website listed on its tax form and the missing tax form on its nonprofit website further highlight the transparency issues faced by the organization. Addressing these limitations could enhance its credibility and effectiveness within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Sharon Day Care Center Inc legitimate?
Sharon Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharon 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $465,232
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What is the mission statement of Sharon Day Care Center Inc?
Sharon Day Care Center Inc functions as a childcare and education center, focusing on educating and caring for children. Its mission is to provide a nurturing environment where children can learn and grow. The center operates as a child day care organization, offering programs that cater to the developmental needs of children. Its primary goal is to contribute positively to the overall well-being of the children under its care. While the provided information does not specify any further details about the center's mission, it is clear that Sharon Day Care Center Inc is dedicated to the holistic development of children, combining education and care in its programs.
What is the revenue of Sharon Day Care Center Inc?
Sharon Day Care Center Inc's revenue in 2023 was $608,268.
Who are the executives of Sharon Day Care Center Inc and what are their salaries?
The average compensation at Sharon Day Care Center Inc during 2023 was $23,262. There are 20 employees at Sharon Day Care Center Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Sharon Day Care Center Inc?
Sharon Day Care Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sharon Day Care Center Inc
Sharon Day Care Center, as a distinguished nonprofit organization, is dedicated to providing top-notch childcare and education services. Its mission is centered around educating and caring for children, making it a leading child day care organization. By offering engaging programs, Sharon Day Care Center is committed to nurturing the overall development of the young minds it serves.
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Impact
July, 2024
Sharon Day Care Center Inc's impact is centered on providing crucial services in the field of childcare and education. By operating as a Childcare and Education Center in Sharon, CT, this organization plays a vital role in supporting the development and well-being of children in the community. Through their programs, they not only educate children but also provide essential care, nurturing, and support.
Sharon Day Care Center Inc's presence as a child day care organization contributes significantly to the local community by offering a safe and enriching environment where children can learn, grow, and thrive. Their commitment to serving families in Sharon, CT, highlights their dedication to the well-being of children and their role in supporting working parents.
Furthermore, by focusing on human services and prioritizing the education and care of children, Sharon Day Care Center Inc demonstrates a deep commitment to making a positive impact on the lives of individuals and families in the community. Their efforts help create a strong foundation for the future generation, promoting learning, development, and overall well-being among young children.
This information is meant to be a general summary of Sharon 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 2023.
- Investment Income: $1,750
- Program Service Revenue: $454,961
- Gross Receipts: $616,338
Assets and Liabilities:
- Total Assets: $550,648
- Total Liabilities: $58,558
- Net Assets: $492,090
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND REGISTRATIO
Revenue
$454,961
Organization Details
Founding Year
1985
Principal Officer
Lynn Heacox
NTEE Category
Code: P33 - Human services
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