Overview
What is Trinity Faith Comm Dev Corporation?
Trinity Faith Comm Dev Corporation, with its operational base in Jersey City, New Jersey, is a nonprofit organization committed to providing high-quality early childhood education and daycare services. Situated at 1944 Kennedy Boulevard, this corporation serves around 38 children between the ages of 4 and 5. Their primary mission is to offer a structured preschool program, aiming to contribute positively to the development of young minds in the Jersey City area and surrounding communities. With a dedicated workforce of 11 individuals, Trinity Faith Comm Dev Corporation strives to nurture and educate the city's future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Trinity Faith Community Development Corporation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it demonstrates strong accountability and financial management practices, there is significant room for improvement in transparency. The organization excels in having a fully independent board and maintaining a favorable liabilities to assets ratio, which reflects its ability to manage debts effectively.
However, the organization struggles in several key areas related to financial transparency. It received a score of zero for its financial statements, indicating a lack of accessible financial information for stakeholders. Additionally, it has not implemented critical governance policies such as a whistleblower policy and document retention practices, which are essential for organizational integrity and accountability.
Despite these limitations, Trinity Faith's high program expense ratio highlights its commitment to allocating funds toward its mission. Stakeholders may want to consider these strengths and weaknesses when evaluating the nonprofit's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Faith Comm Dev Corporation legitimate?
Trinity Faith Comm Dev Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Faith Comm Dev Corporation 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: $380,074
For more financial information, click here
What is the mission statement of Trinity Faith Comm Dev Corporation?
Trinity Faith Comm Dev Corporation's mission revolves around offering early childhood education and daycare services. This mission is extended to children from families residing in and around Jersey City, New Jersey. The corporation provides a structured, high-quality preschool education program for approximately 38 children aged between 4 and 5. The primary goal is to support the growth and development of these young minds, thereby contributing to their overall well-being.
Who is the CEO of Trinity Faith Comm Dev Corporation?
Wendolyn Rivers is the President of Trinity Faith Comm Dev Corporation.
What is the revenue of Trinity Faith Comm Dev Corporation?
Trinity Faith Comm Dev Corporation's revenue in 2022 was $742,213.
Who are the executives of Trinity Faith Comm Dev Corporation and what are their salaries?
The average compensation at Trinity Faith Comm Dev Corporation during 2022 was $34,552. There are 11 employees at Trinity Faith Comm Dev Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- 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: $62,345
- Related: $0
- Other: $0
Where can I find the form 990 for Trinity Faith Comm Dev Corporation?
Trinity Faith Comm Dev Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinity Faith Comm Dev Corporation
Trinity Faith Comm Dev Corporation, a nonprofit organization, is dedicated to offering early childhood education and day care services for children residing in and around Jersey City, New Jersey. Its primary mission is to provide a structured, high-quality preschool education program for children between the ages of 4 and 5. The corporation's goal is to foster the growth and development of these young learners, preparing them for their future educational journeys while ensuring they receive the care they need. Trinity Faith Comm Dev Corporation's mission is to support families in the community by offering an enriching environment that nurtures both the mind and the heart of each child, enabling them to reach their full potential.
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Impact
October, 2024
Trinity Faith Community Development Corporation significantly impacts the Jersey City area by providing early childhood education and daycare services to local families. By offering a structured, quality preschool education program for approximately 38 children aged 4 to 5, the organization not only facilitates early learning but also supports working families in the community. This initiative helps foster foundational skills essential for children's development and prepares them for future educational experiences. In doing so, it contributes to the overall improvement and well-being of the community, enhancing the lives of both children and their families in Jersey City and the surrounding areas.
This information is meant to be a general summary of Trinity Faith Comm Dev Corporation. 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.
- Program Service Revenue: $70,771
- Gross Receipts: $742,213
Assets and Liabilities:
- Total Assets: $324,393
- Total Liabilities: $99,888
- Net Assets: $224,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$70,771
Organization Details
Founding Year
2001
Phone
(201) 209-0545Principal Officer
Wendolyn Rivers
Main Address
1944 KENNEDY BOULEVARD, JERSEY CITY, NJ, 07305
NTEE Category
Code: S99 - Community improvement
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