Overview
What is The New Rochelle Day Nursery Inc?
The New Rochelle Day Nursery Inc is a nonprofit organization that offers comprehensive year-round day care services for children aged between 1.5 to 5 years. Their mission is centered around providing a nurturing environment that integrates educational programming to positively impact the local community. The nursery school aims to enhance the overall development of these young children, fostering their growth and well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. The New Rochelle Day Nursery Inc has demonstrated a solid commitment to accountability through various governance practices, as evidenced by 100% of its board members being independent. The organization has also implemented essential policies, such as conflict of interest and whistleblower protections, indicating a focus on ethical management.
However, the organization faces significant challenges in financial transparency, as indicated by the lack of financial statements and missing tax forms on its website, which negatively impacted its score in those areas. The liabilities to assets ratio is also concerning at 159.38%, suggesting potential financial strain. However, the program expense ratio of 74.02% shows that a substantial portion of its expenditures is directed towards its programs.
Overall, while The New Rochelle Day Nursery Inc has strengths in governance and program spending, it must improve its financial reporting and transparency to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The New Rochelle Day Nursery Inc legitimate?
The New Rochelle Day Nursery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Rochelle Day Nursery 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: $86,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,965
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What is the mission statement of The New Rochelle Day Nursery Inc?
The New Rochelle Day Nursery Inc's mission is centered around providing year-round day care services. This mission is accompanied by an educational program that aims to contribute positively to the community. The nursery school, catering to children aged between 1.5 to 5 years, is a key part of this mission, fostering a learning environment that benefits the children and the community at large.
What is the revenue of The New Rochelle Day Nursery Inc?
The New Rochelle Day Nursery Inc's revenue in 2023 was $878,941.
Who are the executives of The New Rochelle Day Nursery Inc and what are their salaries?
The average compensation at The New Rochelle Day Nursery Inc during 2023 was $24,618. There are 28 employees at The New Rochelle Day Nursery Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for The New Rochelle Day Nursery Inc?
The New Rochelle Day Nursery Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The New Rochelle Day Nursery Inc
The New Rochelle Day Nursery Inc is committed to providing year-round day care services, complemented by an educational program that benefits the broader community. Their mission is to cater to children aged between 1.5 and 5 years old, offering a nurturing environment that fosters learning and development. The nursery school's primary objective is to contribute positively to the community, ensuring that children in its care receive a well-rounded educational experience.
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Impact
October, 2024
The New Rochelle Day Nursery Inc significantly impacts the community by providing essential year-round day care services and educational programs for children aged 1.5 to 5 years old. By offering a nurturing and structured environment, the nursery supports early childhood development, enabling children to build foundational skills that benefit their social, emotional, and cognitive growth.
Through its teaching program, the nursery not only cares for children but also actively engages them in learning experiences tailored to their developmental stages. This approach fosters creativity, curiosity, and critical thinking, preparing young learners for future educational endeavors. Additionally, the availability of reliable day care allows parents to pursue their careers and responsibilities with peace of mind, knowing their children are in a safe and stimulating environment.
The nursery’s impact extends beyond individual families, enriching the broader New Rochelle community by promoting early education and supporting working families. By addressing childcare needs and enhancing educational opportunities for young children, The New Rochelle Day Nursery Inc plays a vital role in fostering a strong and engaged community.
This information is meant to be a general summary of The New Rochelle Day Nursery 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 2023.
- Investment Income: $22
- Program Service Revenue: $730,213
- Gross Receipts: $878,941
Assets and Liabilities:
- Total Assets: $559,938
- Total Liabilities: $892,533
- Net Assets: -$332,595
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENTS TUITION FEES
Revenue
$599,981
NYS DOH FOOD PROGRAM
Revenue
$5,844
WESTCHESTER DSS
Revenue
$108,998
UNIVERSAL PRE-K FEES
Revenue
$15,390
Organization Details
Founding Year
1905
Principal Officer
Nathalie Mcfarlane
NTEE Category
Code: B21 - Education
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