Overview
What is Alef Bet Child Care Inc?
Alef Bet Child Care Inc is a nonprofit organization situated in the heart of Cambridge, Massachusetts, at 8 Tremont Street. With a mission to create a nurturing and welcoming environment, this institution primarily caters to toddlers and preschoolers from Cambridge, Somerville, and surrounding communities. Their operations allow them to provide full and part-time child care, enabling the necessary education and activities for the young learners. With a dedicated team of 13 employees, Alef Bet Child Care Inc plays an essential role in the lives of these children, fostering their growth and development in a warm and supportive community.
Official website here: www.alefbet-childcare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Alef Bet Child Care Inc has achieved a Four-Star rating from Charity Navigator, reflecting an exemplary commitment to accountability and financial management. The charity's overall score is solely based on its strong performance in the Accountability & Finance beacon, demonstrating a high level of transparency and responsible stewardship of resources.
The organization boasts an independent board with 100% of its members being independent, ensuring that decisions are made without conflicts of interest. Alef Bet has a robust oversight mechanism in place, including an Audit and Oversight Committee, and adheres to best practices with policies on whistleblowing, document retention, and conflict of interest. Their financial health is also commendable, with a low liabilities-to-assets ratio and a significant portion of expenses directed toward programming.
While the data does not indicate any material diversions of assets, the charity maintains transparency by posting its financial documents on its website. Overall, Alef Bet Child Care Inc stands out as a well-managed nonprofit dedicated to its mission, ensuring that most of its funds are used effectively to benefit its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Alef Bet Child Care Inc legitimate?
Alef Bet Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alef Bet Child Care 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: $530,580
For more financial information, click here
Official website here: www.alefbet-childcare.org
What is the mission statement of Alef Bet Child Care Inc?
Alef Bet Child Care Inc is committed to creating a nurturing and welcoming environment for toddlers and preschoolers. Located in a central area, the institution attracts children from Cambridge, Somerville, and surrounding communities. The primary activity of Alef Bet Child Care Inc is to provide full and part-time child day care, using tuition to fund necessary educational activities and care.
Official website here: www.alefbet-childcare.org
Who is the CEO of Alef Bet Child Care Inc?
Heddy Stern is the President of Alef Bet Child Care Inc.
Official website here: www.alefbet-childcare.org
What is the revenue of Alef Bet Child Care Inc?
Alef Bet Child Care Inc's revenue in 2022 was $819,736.
Official website here: www.alefbet-childcare.org
Who are the executives of Alef Bet Child Care Inc and what are their salaries?
The average compensation at Alef Bet Child Care Inc during 2022 was $40,814. There are 13 employees at Alef Bet Child Care Inc.
Here are 10 key members and their salaries:
- Compensation: $89,754
- Related: $0
- Other: $0
- Compensation: $56,854
- Related: $0
- Other: $0
- Compensation: $49,318
- Related: $0
- Other: $0
- Compensation: $46,872
- Related: $0
- Other: $0
- Compensation: $46,829
- 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.alefbet-childcare.org
Where can I find the form 990 for Alef Bet Child Care Inc?
Alef Bet Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alefbet-childcare.org
Learn more at the official website: www.alefbet-childcare.org
Mission Statement of Alef Bet Child Care Inc
Alef Bet Child Care Inc is dedicated to creating a nurturing and welcoming environment for toddlers and preschoolers. Their primary mission involves providing an engaging community for children from various neighborhoods, including Cambridge, Somerville, and surrounding areas. The organization focuses on delivering full and part-time child daycare services, with tuition enabling them to offer necessary educational activities and care. The mission of Alef Bet Child Care Inc is to foster a sense of belonging and support among the young learners, ensuring they receive the best possible start in their academic journey.
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Impact
October, 2024
Alef Bet Child Care Inc plays a vital role in the Cambridge community by providing a nurturing and supportive environment for toddlers and preschoolers. Located in the heart of Cambridge, Massachusetts, it serves families from Cambridge, Somerville, and the surrounding areas, ensuring that children receive quality care and early education.
The organization focuses on creating a welcoming atmosphere that fosters social, emotional, and cognitive development in young children. By offering both full and part-time child day care services, Alef Bet allows parents the flexibility they need while providing children with engaging educational activities that promote learning through play.
In addition to its educational offerings, Alef Bet Child Care Inc builds a sense of community among families. This connection not only benefits the children but also helps parents to engage and support one another, fostering a strong network of relationships within the local area. Through its commitment to early childhood education and community-building, Alef Bet enhances the overall well-being of families and contributes positively to the fabric of the community.
This information is meant to be a general summary of Alef Bet Child Care 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: $4,193
- Program Service Revenue: $682,707
- Gross Receipts: $819,736
Assets and Liabilities:
- Total Assets: $915,624
- Total Liabilities: $71,886
- Net Assets: $843,738
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$682,707
Organization Details
Founding Year
1987
Phone
(617) 547-3651Principal Officer
Heddy Stern
Main Address
8 TREMONT STREET, CAMBRIDGE, MA, 02139
Website
www.alefbet-childcare.orgNTEE Category
Code: P33Z - Human services
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