Overview
What is Federation Day Care Foundation Inc?
Federation Day Care Foundation Inc is a supporting organization based in Philadelphia, Pennsylvania, specifically at 10700 Jamison Avenue. Its primary mission is to bolster Federation Day Care Services Inc, a 501(c)(3) organization. This partner entity focuses on delivering high-quality early learning services to children and offering supportive services for their parents within the Philadelphia area. As a nonprofit, Federation Day Care Foundation Inc plays an essential role in enhancing the overall well-being of children and families in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Stars
Federation Day Care Foundation Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. While the organization excels in community involvement and governance, with a perfect score in the Culture & Community category, its financial metrics reveal significant weaknesses, particularly in program expenses and the liabilities to assets ratio.
The foundation maintains a fully independent board, which is a strong point, as all members (18 total) are independent and there are no noted material diversions of assets. The presence of comprehensive policies such as conflict of interest and whistleblower protections further strengthens its governance framework. However, the lack of program expenses highlights potential underfunding of its primary mission, raising questions about the effectiveness of its financial management.
Overall, while Federation Day Care Foundation Inc demonstrates robust governance and community engagement, the low score in accountability and finance suggests the organization may need to enhance its funding strategies and operational transparency to improve its impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Day Care Foundation Inc legitimate?
Federation Day Care Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Day Care Foundation 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: $0
For more financial information, click here
What is the mission statement of Federation Day Care Foundation Inc?
The Federation Day Care Foundation Inc serves as a supporting organization for Federation Day Care Services, a community agency. Its primary role is to provide quality early learning services to children and offer support services for their parents in the Philadelphia area. The foundation aims to strengthen and enhance the capabilities of Federation Day Care Services, ensuring they continue to deliver high-standard child care services effectively. By doing so, the Federation Day Care Foundation Inc contributes to the holistic development of children and provides essential support to their parents, thereby contributing to the well-being of families in the community.
Who is the CEO of Federation Day Care Foundation Inc?
Takaaki Agawa is the President & Ceo of Federation Day Care Foundation Inc. The CEO's salary of Federation Day Care Foundation Inc is $0 and their total compensation is $92,237.
What is the revenue of Federation Day Care Foundation Inc?
Federation Day Care Foundation Inc's revenue in 2022 was $130,170.
Who are the executives of Federation Day Care Foundation Inc and what are their salaries?
Here are 25 key members and their salaries (Federation Day Care Foundation Inc's CEO's salary is $0 and their total compensation is $92,237):
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- Related: $92,152
- Other: $85
- Compensation: $0
- Related: $151,886
- Other: $17,914
Where can I find the form 990 for Federation Day Care Foundation Inc?
Federation Day Care Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Federation Day Care Foundation Inc
Federation Day Care Foundation Inc serves as a supportive organization for Federation Day Care Services, a community agency that offers high-quality early learning services to children and provides support for their parents in the Philadelphia area. The mission of Federation Day Care Foundation Inc is to strengthen and enhance the capabilities of Federation Day Care Services Inc, ensuring they continue to deliver top-notch child care services and parental support in their community. By serving as a partner, Federation Day Care Foundation Inc plays a crucial role in fostering a nurturing environment for children and offering essential resources for their parents, ultimately contributing to the overall well-being and development of families in the Philadelphia area.
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Impact
October, 2024
Federation Day Care Foundation Inc significantly enhances the quality of early childhood education and support services in the Philadelphia area. By serving as a support organization for Federation Day Care Services, it plays a crucial role in ensuring that children receive high-quality care and early learning opportunities. These services not only foster the developmental growth of children but also provide essential support for their parents, helping them navigate the challenges of balancing work and family responsibilities.
The foundation's commitment to community well-being is reflected in its initiatives that aim to create a nurturing environment for both children and their families. By focusing on quality child care and parent support, Federation Day Care Foundation Inc effectively contributes to the overall health and stability of the community, enabling families to thrive and enhancing the future prospects of the children it serves.
This information is meant to be a general summary of Federation Day Care Foundation 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: $130,170
- Gross Receipts: $797,271
Assets and Liabilities:
- Total Assets: $4,543,962
- Total Liabilities: $48,621
- Net Assets: $4,495,341
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Organization Details
Founding Year
1990
Phone
(215) 676-7550Principal Officer
Takaaki Agawa
Main Address
10700 JAMISION AVENUE, PHILADELPHIA, PA, 19116
NTEE Category
Code: P110 - Human services
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