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Child Care Resources Of Monmouth County Inc

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

EIN: 223276972 ✦ Neptune, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Child Care Resources Of Monmouth County Inc?

Child Care Resources of Monmouth County Inc is a nonprofit organization situated in Neptune, New Jersey. Their primary mission is to improve the quality of family life in Monmouth County by ensuring affordable and developmentally sound child care services. They accomplish this by offering families comprehensive information about suitable child care, providing referrals to trusted child care providers, and facilitating applications for county, state, and federal child care subsidies. Additionally, the organization assists child care providers and parents in utilizing the electronic payment system for state and federally funded subsidies. With a team of 28 dedicated employees, Child Care Resources of Monmouth County Inc invests in the county's children by empowering parents to make informed child care decisions and by providing quality resources and education to child care professionals.


Official website here: www.ccrnj.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Star rating)

Child Care Resources of Monmouth County Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization received a perfect score for its independent board composition and governance policies, indicating robust oversight and ethical practices. With a focus on high program expenses, nearly 89% of its funds are directed towards its mission, further showcasing its dedication to serving the community.

The nonprofit demonstrates strong financial health, with a favorable liabilities-to-assets ratio, which signifies a solid financial footing. The comprehensive audit and oversight measures in place contribute to the overall effectiveness and reliability of the organization. Additionally, the presence of key policies, such as conflict of interest and whistleblower protections, reinforces its commitment to ethical standards.

While the organization performs well overall, it is important to monitor the liabilities-to-assets ratio as it may reflect financial pressures in the future. Continued diligence in maintaining financial health and transparency will be essential as the nonprofit pursues its mission of supporting child care resources in Monmouth County.


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

Is Child Care Resources Of Monmouth County Inc legitimate?

Child Care Resources Of Monmouth County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Child Care Resources Of Monmouth County 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: $216,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,160,649

For more financial information, click here


Official website here: www.ccrnj.org

What is the mission statement of Child Care Resources Of Monmouth County Inc?

Child Care Resources of Monmouth County Inc's mission is centered around enhancing family life by ensuring access to high-quality, affordable, and developmentally sound child care services. The organization invests in the future of children by empowering parents to make informed child care choices and by providing quality resources and education to child care professionals. In essence, their mission aims to improve the overall well-being of children in the community by upholding the highest standards of child care.


Official website here: www.ccrnj.org

Who is the CEO of Child Care Resources Of Monmouth County Inc?

Doug Goudsward is the Executive Dir. of Child Care Resources Of Monmouth County Inc.


Official website here: www.ccrnj.org

What is the revenue of Child Care Resources Of Monmouth County Inc?

Child Care Resources Of Monmouth County Inc's revenue in 2022 was $2,522,114.


Official website here: www.ccrnj.org

Who are the executives of Child Care Resources Of Monmouth County Inc and what are their salaries?

The average compensation at Child Care Resources Of Monmouth County Inc during 2022 was $49,184. There are 28 employees and 10 volunteers at Child Care Resources Of Monmouth County Inc.


Here are 8 key members and their salaries:


Kim Perrelli (Executive Dir.)
  • Compensation: $109,405
  • Related: $0
  • Other: $10,321
Douglas Goudsward (Cfo)
  • Compensation: $85,172
  • Related: $0
  • Other: $21,919
Kurt Sofko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Fitzmaurice (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Maffucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Suskind (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Alexander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Nicosia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccrnj.org

Where can I find the form 990 for Child Care Resources Of Monmouth County Inc?

Child Care Resources Of Monmouth County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ccrnj.org

Learn more at the official website: www.ccrnj.org

Mission Statement of Child Care Resources Of Monmouth County Inc

Child Care Resources of Monmouth County Inc is dedicated to improving the quality of family life by ensuring access to safe, affordable, and developmentally sound child care services for all children in the community. This nonprofit organization invests in the future of Monmouth County's children by empowering parents to make informed child care choices. By providing quality resources and education to child care professionals, Child Care Resources of Monmouth County Inc aims to enhance the overall well-being of children and their families. The mission of this nonprofit is to promote an environment where children can grow and develop in a nurturing and supportive setting, enabling them to reach their full potential.

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Impact




October, 2024

Child Care Resources of Monmouth County Inc significantly impacts the community by promoting affordable and developmentally sound child care services. With assistance reaching over 3,000 families, the organization provides vital information on quality child care, helping parents navigate their options and make informed decisions for their children’s early development.

By connecting families with appropriate child care providers and guiding them through applications for county, state, and federal child care subsidies, they ease the financial burden of child care costs. This support not only enhances the immediate well-being of families but also contributes to the long-term developmental needs of children in the area.

Moreover, by offering training and resources to child care professionals, the organization elevates the overall quality of care provided. This investment in both families and providers ensures a more robust support system for children, laying a solid foundation for future learning and growth. In essence, Child Care Resources of Monmouth County Inc empowers families to thrive while cultivating a strong network of quality child care services in the community.




This information is meant to be a general summary of Child Care Resources Of Monmouth County 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
$2,522,114 (2022)
Expenses
$2,456,783 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Program Service Revenue: $19,437
  • Gross Receipts: $2,524,364

Assets and Liabilities:

  • Total Assets: $641,067
  • Total Liabilities: $350,247
  • Net Assets: $290,820

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Programs

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

TRAINING REVENUE

Revenue

$19,437

Organization Details

Founding Year

1994

Principal Officer

Doug Goudsward

Main Address

3301 ROUTE 66 C, NEPTUNE, NJ, 07754

NTEE Category

Code: P300 - Human services

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