Overview
What is Children's Ark At St Georges Ltd?
Children's Ark At St Georges Ltd is a nonprofit organization situated in Ardmore, Pennsylvania. The primary purpose of this institution, as outlined in the information provided, is to offer high-quality daycare services. This service allows parents to maintain their employment, ensuring that their young children receive proper care and supervision. With a dedicated team of 44 employees, Children's Ark At St Georges Ltd is committed to providing a nurturing and supportive environment for children. The organization's address is 1 West Ardmore Avenue, Ardmore, PA, 19003. While the description focuses on daycare services, the mission statement emphasizes the importance of these services in enabling parents to remain in the workforce.
Official website here: www.childrensark.net/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (63%)
Children's Ark At St Georges Ltd has received a two-star rating, indicating a need for improvement in various areas despite achieving a perfect score in Accountability & Finance. The organization demonstrates a strong commitment to independent governance, with 70% of its board members being independent and a well-documented structure for board meeting minutes. Additionally, the program expense ratio is commendable at 85.25%, reflecting that a significant portion of its expenses is directed towards its programs.
However, the organization faces several limitations that contribute to its low overall score. Key policies such as a conflict of interest policy, whistleblower policy, and document retention policy are missing, which may raise concerns about transparency and governance practices. Furthermore, the financial statements have only undergone a review or compilation, which may not provide the same level of assurance as a full audit.
The organization's liabilities to assets ratio stands at 58.01%, which suggests a moderate level of financial risk. While the charity has shown strengths in some financial areas, the lack of essential policies and the need for more robust financial oversight highlight areas for improvement that the organization should address to enhance its accountability and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Ark At St Georges Ltd legitimate?
Children's Ark At St Georges Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Ark At St Georges Ltd 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: $1,146,532
For more financial information, click here
Official website here: www.childrensark.net/
What is the mission statement of Children's Ark At St Georges Ltd?
Children's Ark at St. George's Ltd is dedicated to providing high-quality daycare services. The primary objective of this organization is to enable parents to maintain their employment by offering reliable daycare for their young children. By doing so, Children's Ark at St. George's Ltd contributes to the well-being of both the children and their families, ensuring that the children receive nurturing care while their parents can contribute to the workforce. The daycare center is committed to delivering top-notch services for young children, providing them with a nurturing environment that supports their growth and development.
Official website here: www.childrensark.net/
Who is the CEO of Children's Ark At St Georges Ltd?
Lori Sweeney is the President of Children's Ark At St Georges Ltd.
Official website here: www.childrensark.net/
What is the revenue of Children's Ark At St Georges Ltd?
Children's Ark At St Georges Ltd's revenue in 2022 was $1,797,873.
Official website here: www.childrensark.net/
Who are the executives of Children's Ark At St Georges Ltd and what are their salaries?
The average compensation at Children's Ark At St Georges Ltd during 2022 was $26,058. There are 44 employees at Children's Ark At St Georges Ltd.
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Official website here: www.childrensark.net/
Where can I find the form 990 for Children's Ark At St Georges Ltd?
Children's Ark At St Georges Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.childrensark.net/
Learn more at the official website: www.childrensark.net/
Mission Statement of Children's Ark At St Georges Ltd
Children's Ark at St. Georges Ltd, a daycare center, is committed to a mission that is both noble and essential. Recognizing the importance of parents' financial stability, this organization strives to provide top-notch daycare services. This mission allows parents to continue their employment, ensuring a balanced family and financial life. The daycare center, Children's Ark at St. Georges Ltd, is dedicated to catering to the needs of young children, offering them a nurturing environment during their parents' working hours.
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Impact
October, 2024
Children's Ark At St Georges Ltd significantly impacts the community by offering high-quality daycare services that support the workforce participation of parents. By providing a nurturing and safe environment for young children, the center enables parents to pursue their careers while ensuring that their children receive the care and attention they need during the day.
This approach not only contributes to the financial stability of families but also fosters early childhood development through structured activities and socialization with peers. The center operates in Ardmore, PA, playing a crucial role in the local economy by supporting working parents and offering a reliable option for child care. Through its commitment to quality care, Children's Ark At St Georges Ltd strengthens families and promotes a balanced work-life dynamic in the community.
This information is meant to be a general summary of Children's Ark At St Georges Ltd. 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: $17
- Program Service Revenue: $1,384,504
- Gross Receipts: $1,797,873
Assets and Liabilities:
- Total Assets: $726,495
- Total Liabilities: $170,548
- Net Assets: $555,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,384,504
Organization Details
Founding Year
1995
Phone
(610) 658-9558Principal Officer
Lori Sweeney
Main Address
1 WEST ARDMORE AVENUE, ARDMORE, PA, 19003
Website
www.childrensark.net/NTEE Category
Code: P33 - Human services
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