Overview
What is North Tyler Development Academy?
North Tyler Development Academy is a nonprofit organization situated in Tyler, Texas, specifically at 3000 N BORDER, ZIP code 75702. Their primary mission is to provide child care services for families with limited financial resources, enabling them to become financially responsible while ensuring the well-being of their children. The organization offers a secure and nurturing environment for these children, fostering their growth and development. With a dedicated team of 35 employees, North Tyler Development Academy plays a significant role in supporting these families by alleviating childcare constraints.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
North Tyler Development Academy has received a Three-Star rating from Charity Navigator, reflecting a score of 77%. This rating is primarily based on Accountability & Finance, indicating that the organization demonstrates a solid commitment to maintaining transparency and responsible financial management. The assessment for the most recent fiscal year (FY2022) shows that the organization has no significant financial liabilities and maintains a high program expense ratio, with 83.40% of its expenditures directed toward its programs.
The organization scores exceptionally well on various governance indicators, with 100% of its board members being independent. It has established comprehensive policies regarding conflicts of interest, whistleblowing, and document retention, which further reinforce its commitment to ethical operations and accountability. These factors contribute positively to its overall score and reflect a well-structured governance framework.
While the overall rating is strong, the reliance on a single beacon score could imply a lack of diversity in performance metrics, which may limit a broader evaluation of the organization's impact and effectiveness beyond financials. Nonetheless, the organization shows commendable financial health and governance practices, making it a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is North Tyler Development Academy legitimate?
North Tyler Development Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Tyler Development Academy 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: $37,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,413
For more financial information, click here
What is the mission statement of North Tyler Development Academy?
The North Tyler Development Academy serves children from low-income households, providing them with a safe and nurturing environment. This organization allows parents to maintain their financial responsibilities while ensuring their children's well-being. The primary mission of North Tyler Development Academy is to offer child care services, enabling low-income families to contribute positively to their children's upbringing. The academy strives to create an environment that fosters growth and development for the children under its care.
Who is the CEO of North Tyler Development Academy?
Natoya Mcgee is the Director of North Tyler Development Academy.
What is the revenue of North Tyler Development Academy?
North Tyler Development Academy's revenue in 2022 was $1,170,151.
Who are the executives of North Tyler Development Academy and what are their salaries?
The average compensation at North Tyler Development Academy during 2022 was $13,606. There are 35 employees at North Tyler Development Academy.
Here are 8 key members and their salaries:
- Compensation: $37,792
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- Other: $0
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Where can I find the form 990 for North Tyler Development Academy?
North Tyler Development Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Tyler Development Academy
North Tyler Development Academy, a nonprofit organization, is dedicated to serving children from low-income households. Their mission is to provide a safe and nurturing environment for these children, enabling their parents to maintain financial responsibility. By offering reliable child care services, the academy allows parents to contribute positively to their children's well-being, fostering a sense of responsibility and stability within the family.
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Impact
October, 2024
North Tyler Development Academy positively impacts low-income households by providing a safe and nurturing environment for children. This support allows parents to maintain financial responsibility while ensuring their children receive quality care and attention. By focusing on the well-being of both children and their families, the academy cultivates a community where parents can thrive as responsible contributors to their children's development. The initiative plays a crucial role in breaking the cycle of poverty, enabling families to seek better opportunities while fostering a sense of stability and security for their children in Tyler, TX.
This information is meant to be a general summary of North Tyler Development Academy. 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: $51
- Program Service Revenue: $704,071
- Gross Receipts: $1,170,251
Assets and Liabilities:
- Total Assets: $827,079
- Total Liabilities: $96
- Net Assets: $826,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CCFP
Revenue
$82,569
CHILD CARE SERVICES
Revenue
$465,216
PARENT FEES
Revenue
$156,286
Organization Details
Founding Year
1970
Phone
(903) 592-3671Principal Officer
Natoya Mcgee
Main Address
3000 N BORDER, TYLER, TX, 75702
NTEE Category
Code: P33 - Human services
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