The Cottage Children's Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222967780 ✦ Marlborough, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Cottage Children's Center Inc?

The Cottage Children's Center Inc, located at 197 UNION STREET, Marlborough, MA 01752, is a dedicated nonprofit organization committed to providing high-quality child care and education to approximately 144 children of working parents. Ranging in age from 6 weeks to 12 years old, these children benefit from a nurturing environment that encourages creativity, safety, and success. With a focus on maintaining a favorable teacher-to-student ratio, the organization aims to build positive self-esteem in each child. As a non-profit entity, The Cottage Children's Center Inc is passionately invested in making a difference in the lives of the children under its care. With a staff of 65 individuals, the center's mission is to create an environment where every child can thrive and grow.


Official website here: www.cottagechildrenscenter.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Cottage Children's Center Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization scored an impressive 96% in its Accountability & Finance metrics, indicating that it effectively utilizes its resources to further its mission. This high score highlights the charity's transparency and fiscal responsibility, which are essential qualities for donor trust.

The center benefits from a robust governance structure, with 88% of its board members being independent, ensuring that decisions are made in the best interest of the organization without conflicts of interest. The charity has also established comprehensive policies and practices, including guidelines for whistleblowing and conflict of interest, which further enhance its accountability.

One of the notable strengths of The Cottage Children's Center Inc is its high program expense ratio of 87.03%, showing that a significant portion of its funds directly supports its programs. However, while the financial indicators are strong, future assessments will be essential to ensure continued adherence to these high standards and to monitor the organization’s ongoing impact in its service area.


This AI summary has been generated from information found on Charity Navigator.

Is The Cottage Children's Center Inc legitimate?

The Cottage Children's Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cottage Children's 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: $88,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,569,334

For more financial information, click here


Official website here: www.cottagechildrenscenter.com

What is the mission statement of The Cottage Children's Center Inc?

The Cottage Children's Center Inc's mission is focused on investing in children's development. They achieve this by creating a secure, imaginative, and nurturing environment for children. Their primary objective is to foster success in each child, thereby boosting their self-esteem. As a non-profit organization, they are personally dedicated to making a significant impact in the lives of the children they serve. The center provides quality child care and education to approximately 144 children of working parents, ranging from 6 weeks to 12 years old. They strive to maintain a high teacher-to-student ratio to ensure optimal learning conditions.


Official website here: www.cottagechildrenscenter.com

Who is the CEO of The Cottage Children's Center Inc?

Marley Couchon is the President of The Cottage Children's Center Inc.


Official website here: www.cottagechildrenscenter.com

What is the revenue of The Cottage Children's Center Inc?

The Cottage Children's Center Inc's revenue in 2022 was $2,870,519.


Official website here: www.cottagechildrenscenter.com

Who are the executives of The Cottage Children's Center Inc and what are their salaries?

The average compensation at The Cottage Children's Center Inc during 2022 was $25,505. There are 65 employees and 1 volunteer at The Cottage Children's Center Inc.


Here are 10 key members and their salaries:


Brian Douglass (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marley Couchon (Executive Director/Assistant Treasurer)
  • Compensation: $81,906
  • Related: $0
  • Other: $223
Renee Archie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Frost (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Royfe (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Cohan (Former Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Geller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Guertin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Haddad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mabel Seward (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cottagechildrenscenter.com

Where can I find the form 990 for The Cottage Children's Center Inc?

The Cottage Children's Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cottagechildrenscenter.com

Learn more at the official website: www.cottagechildrenscenter.com

Mission Statement of The Cottage Children's Center Inc

The Cottage Children's Center Inc is dedicated to making a significant impact in the lives of children by providing a secure, imaginative, and nurturing environment. The organization's primary goal is to foster success in each child, thereby enhancing their self-esteem. As a non-profit entity, The Cottage Children's Center Inc is deeply invested in its mission and strives to make a difference in the lives of the children it serves.

The center offers high-quality child care and education services to approximately 144 children of working parents. The children in its care range in age from six weeks to twelve years old. To ensure the best possible experience, The Cottage Children's Center Inc maintains a high teacher-to-student ratio, ensuring that each child receives the individual attention they need to thrive. By providing a safe and stimulating environment, the center aims to help each child build confidence and develop positively, setting them up for success in the future.

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Impact




October, 2024

The Cottage Children's Center Inc significantly impacts the lives of approximately 144 children by providing quality child care and education in a safe, creative, and nurturing environment. Catering to children aged 6 weeks to 12 years old, the center emphasizes a high teacher-to-student ratio, ensuring personalized attention and support for each child.

This commitment to individualized care fosters an atmosphere where children can thrive and experience success, leading to the development of positive self-esteem. By investing in the well-being and growth of these children, the center not only supports working parents but also lays the groundwork for a brighter future for the next generation. The Cottage Children's Center Inc is dedicated to making a meaningful difference in their lives, nurturing their potential, and equipping them with the skills they need to succeed.




This information is meant to be a general summary of The Cottage Children's 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.

Revenue
$2,870,519 (2022)
Expenses
$2,473,650 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $826
  • Program Service Revenue: $2,144,269
  • Gross Receipts: $2,870,519

Assets and Liabilities:

  • Total Assets: $1,568,575
  • Total Liabilities: $455,759
  • Net Assets: $1,112,816

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION FEES & REGISTR

Revenue

$2,144,269

Organization Details

Founding Year

1988

Principal Officer

Marley Couchon

Main Address

197 UNION STREET, MARLBOROUGH, MA, 017521228

NTEE Category

Code: P33 - Human services

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