Overview
What is Monmouth Day Care Center Inc?
Monmouth Day Care Center Inc, situated in Red Bank, New Jersey, is a nonprofit organization primarily focused on providing year-round daycare services to the broader Monmouth County area. With a dedicated workforce of 46 employees, the center offers comprehensive support to the community, ensuring the well-being of children within its purview. The center's mission is centered around its daycare services, aiming to cater to the needs of families within the specified region.
Official website here: www.monmouthdaycare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Monmouth Day Care Center Inc has achieved an overall score of 88%, primarily based on its strong performance in accountability and finance. The organization has a fully independent board, which is a positive indicator of governance, and it has demonstrated good financial health with a low liabilities-to-assets ratio and high program expense ratio, meaning a significant portion of funds is directed toward its programs.
However, the evaluation also highlights some limitations in governance policies. Notably, the center lacks a whistleblower policy and a document retention and destruction policy, which could raise concerns about transparency and accountability. Additionally, the tax form is not posted on the nonprofit's website, which is a missed opportunity for providing financial transparency to stakeholders.
Overall, while Monmouth Day Care Center Inc shows strengths in fiscal responsibility and board independence, addressing the mentioned governance gaps could enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Monmouth Day Care Center Inc legitimate?
Monmouth Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monmouth Day Care Center 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: $79,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $938,501
For more financial information, click here
Official website here: www.monmouthdaycare.com
What is the mission statement of Monmouth Day Care Center Inc?
Monmouth Day Care Center Inc is committed to providing year-round day care services that cater to a wide area within Monmouth County, New Jersey. Their mission, in essence, is to ensure that this essential service is readily available to the community, providing a consistent and dependable solution for families in need. The center's activities are centered around providing high-quality day care services, contributing positively to the lives of children and their families in the region.
Official website here: www.monmouthdaycare.com
Who is the CEO of Monmouth Day Care Center Inc?
Matilde Quezada is the President of Monmouth Day Care Center Inc.
Official website here: www.monmouthdaycare.com
What is the revenue of Monmouth Day Care Center Inc?
Monmouth Day Care Center Inc's revenue in 2022 was $1,964,238.
Official website here: www.monmouthdaycare.com
Who are the executives of Monmouth Day Care Center Inc and what are their salaries?
The average compensation at Monmouth Day Care Center Inc during 2022 was $22,120. There are 46 employees and 19 volunteers at Monmouth Day Care Center Inc.
Here are 31 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $79,000
- Related: $0
- Other: $0
Official website here: www.monmouthdaycare.com
Where can I find the form 990 for Monmouth Day Care Center Inc?
Monmouth Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monmouthdaycare.com
Learn more at the official website: www.monmouthdaycare.com
Mission Statement of Monmouth Day Care Center Inc
Monmouth Day Care Center Inc, a notable entity, is dedicated to providing year-round day care services that cater to the wider Monmouth County area in New Jersey. The organization's mission is to create an inclusive environment where children are nurtured and cared for, ensuring their well-being and development beyond the confines of their homes. This nonprofit institution serves as a reliable resource for families in the area, offering consistent day care services that support working parents and contribute to the overall growth and development of the children in their care.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Monmouth Day Care Center Inc significantly impacts the greater Monmouth County area by providing year-round day care services, catering to the needs of families with young children. By offering a safe and nurturing environment, the center supports early childhood development and education, which is crucial for cognitive, social, and emotional growth.
The center serves as a crucial resource for working parents, enabling them to pursue their careers with peace of mind, knowing their children are in a supportive setting. This accessibility to quality day care helps to alleviate stress for families and promotes a healthier work-life balance. Additionally, by fostering community connections and providing a stable environment for children, Monmouth Day Care Center Inc contributes to building stronger, more resilient family units within the community.
Overall, the center plays a vital role in enhancing the welfare of children and families in Monmouth County, supporting both individual development and the broader community well-being.
This information is meant to be a general summary of Monmouth Day Care Center 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: $20,399
- Program Service Revenue: $1,417,442
- Gross Receipts: $2,075,567
Assets and Liabilities:
- Total Assets: $1,427,141
- Total Liabilities: $139,391
- Net Assets: $1,287,750
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$993,796
GOVERNMENT CONTRACTS
Revenue
$423,646
Organization Details
Founding Year
1969
Phone
(732) 741-4313Principal Officer
Matilde Quezada
Main Address
9 DRS JAMES PARKER BOULEVARD, RED BANK, NJ, 07701
Website
www.monmouthdaycare.comNTEE Category
Code: P33 - Human services
If you are a representative of Monmouth Day Care Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.