Overview
What is Oak Lane Day Care Inc?
Oak Lane Day Care Inc, a nonprofit organization based in Westtown, Pennsylvania, offers nurturing child care services for children aged six weeks to four years. Established in 1993, this independent institution is housed on the Westtown School campus, providing care to the families of the school staff and the local community. The program prioritizes developmentally appropriate learning experiences in a secure environment, emphasizing social development while promoting physical, cognitive, and emotional growth. The small size of Oak Lane enables its faculty to cater to each child's individual needs and their families. As a cooperative, Oak Lane involves its families in activities that contribute to maintaining the facilities and program. The organization currently employs 19 individuals, dedicated to fostering a supportive and caring environment for the children in their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
Oak Lane Day Care Inc has achieved a 67% rating, reflecting a moderate level of accountability and financial health. The organization demonstrates strengths in governance, with an entirely independent board and no material diversion of assets, indicating a strong commitment to ethical standards and oversight. Additionally, a solid program expense ratio of 97.08% suggests that the majority of its expenditures are directed towards its mission.
Despite its strengths, the overall rating suggests room for improvement in certain areas of finance and accountability. While the charity shows a commendable level of transparency and effective management practices, the moderate score may indicate potential challenges in sustaining financial health or expanding operational capacity. Stakeholders may want to keep an eye on these aspects as they consider support for the organization.
In summary, Oak Lane Day Care Inc is positioned as a responsible nonprofit with effective governance and programmatic focus, though its Two-Star rating invites scrutiny on its financial sustainability and overall operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Oak Lane Day Care Inc legitimate?
Oak Lane Day Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Lane Day 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: $49,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,575
For more financial information, click here
What is the mission statement of Oak Lane Day Care Inc?
Oak Lane Day Care Inc, established in 1993, operates as an independent, non-profit child care program. Its mission is to cater to the families of Westtown School staff and the surrounding community, providing nurturing care and developmentally appropriate learning experiences for children aged six weeks to four years. The program prioritizes social learning in an environment that fosters the growth of children's physical, cognitive, and emotional domains. The small size of Oak Lane allows its faculty to cater to each child's individual needs and those of their families. As a cooperative, Oak Lane's families contribute to maintaining the facilities and program through their active participation.
Who is the CEO of Oak Lane Day Care Inc?
Frederick Shields is the Treasurer of Oak Lane Day Care Inc.
What is the revenue of Oak Lane Day Care Inc?
Oak Lane Day Care Inc's revenue in 2022 was $650,972.
Who are the executives of Oak Lane Day Care Inc and what are their salaries?
The average compensation at Oak Lane Day Care Inc during 2022 was $15,311. There are 19 employees and 45 volunteers at Oak Lane Day Care Inc.
Here are 9 key members and their salaries:
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- Compensation: $49,339
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- Other: $10,488
Where can I find the form 990 for Oak Lane Day Care Inc?
Oak Lane Day Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oak Lane Day Care Inc
Oak Lane Day Care Inc, established in 1993, is an independent, non-profit Quaker child care program. Its mission is to serve the families of Westtown School staff and the surrounding community by providing nurturing care and developmentally appropriate learning experiences for children aged six weeks to four years. The program emphasizes social learning in an environment that promotes the development of the physical, cognitive, and emotional domains. The small size of Oak Lane enables the faculty to meet the individual needs of each child and their family, ensuring a personalized experience. As a cooperative, Oak Lane families participate in activities that help maintain the facilities and program, fostering a sense of community involvement.
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Impact
July, 2024
Oak Lane Day Care Inc's impact can be seen through the nurturing care and developmentally appropriate learning experiences it provides to children aged six weeks to four years. The emphasis on social learning in a safe and secure environment promotes the development of the physical, cognitive, and emotional domains of the children. The cooperative nature of Oak Lane allows families to actively participate in activities that support the maintenance of facilities and the program itself. By adhering to the beliefs of Friends' education, Oak Lane fosters cooperation, respect, support, and care for both the individual and the community. The small size of Oak Lane enables its faculty to meet the individual needs of each child and their family, enhancing the overall quality of care and education provided.
This information is meant to be a general summary of Oak Lane Day 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: $22,159
- Program Service Revenue: $452,896
- Gross Receipts: $650,972
Assets and Liabilities:
- Total Assets: $661,027
- Total Liabilities: $31,291
- Net Assets: $629,736
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE
Revenue
$452,896
Organization Details
Founding Year
1993
Phone
(610) 399-3418Principal Officer
Frederick Shields
Main Address
PO BOX 95, WESTTOWN, PA, 193950095
NTEE Category
Code: P33Z - Human services
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