Overview
What is Spanish Education Development Center?
The Spanish Education Development Center, located at 4110 Kansas Avenue NW, Washington, DC 20011, is a nonprofit organization that primarily serves low-income immigrant families primarily from Latin America. Its main objective is to offer life-transforming educational opportunities, catering to the evolving needs of these families and their children. The center provides a full-day, year-round, high-quality childcare service and a bilingual educational program for children aged 3 months to 4 years old, ensuring they receive three nutritious meals approved by the USDA's CACFP program. The Spanish Education Development Center's mission is to empower these families to effectively navigate the multilingual, multicultural world they now live in. By providing innovative programs, it helps its students acquire the necessary knowledge, skills, and self-confidence to lead productive, self-sufficient lives. The organization has a workforce of 60 dedicated individuals.
Official website here: www.sedcenter.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91% (Four-Star out of Four Star rating)
The Spanish Education Development Center has achieved a notable Four-Star rating from Charity Navigator, primarily reflecting its strong accountability and finance practices. The organization scored 91% in this category, demonstrating a high level of transparency and effective governance, with a fully independent board and no material diversion of assets.
Strengths of the organization include its excellent program expense ratio of 88.53%, indicating a significant portion of its budget directly supports its educational initiatives. Additionally, the center boasts a solid working capital ratio of 2.07 years, suggesting that it is well-positioned to sustain its operations in the long term.
However, the fundraising efficiency ratio of $0.002 raises some concerns regarding its fundraising practices, which may indicate challenges in generating revenue relative to expenses. Overall, the Spanish Education Development Center demonstrates a robust financial foundation but may need to enhance its fundraising strategies to improve overall sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Spanish Education Development Center?
92% of 57 reviewers on Facebook recommend the Spanish Education Development Center. Here is a summary of their reviews:
The reviews highlight a high regard for the quality of education provided, particularly emphasizing the proficiency in teaching children. Many commenters express their appreciation for the dedication and effort of the teaching staff and overall team that contribute to making the education experience enriching and effective.
Overall, there is a strong positive sentiment toward the nonprofit. Users feel confident in the services offered and commend the organization for its commitment to educating children successfully.
This AI summary has been generated from reviews found on Facebook.
Is Spanish Education Development Center legitimate?
Spanish Education Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spanish Education Development Center 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: $2,523,094
For more financial information, click here
Official website here: www.sedcenter.org
What is the mission statement of Spanish Education Development Center?
The Spanish Education Development Center's mission is centered around providing transformative educational opportunities for low-income immigrant families, primarily from Latin America. By creating innovative programs, the center aims to address the evolving needs of Latinos and theirchildren, enabling these families to successfully adapt to a multilingual and multicultural environment. The center's ultimate goal is to equip its students with the necessary knowledge, skills, and confidence, enabling them to lead self-sufficient and productive lives.
Official website here: www.sedcenter.org
Who is the CEO of Spanish Education Development Center?
Raymond Ritchey is the President of Spanish Education Development Center.
Official website here: www.sedcenter.org
What is the revenue of Spanish Education Development Center?
Spanish Education Development Center's revenue in 2023 was $4,083,722.
Official website here: www.sedcenter.org
Who are the executives of Spanish Education Development Center and what are their salaries?
The average compensation at Spanish Education Development Center during 2023 was $42,052. There are 60 employees and 16 volunteers at Spanish Education Development Center.
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Official website here: www.sedcenter.org
Where can I find the form 990 for Spanish Education Development Center?
Spanish Education Development Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sedcenter.org
Learn more at the official website: www.sedcenter.org
Mission Statement of Spanish Education Development Center
The Spanish Education Development Center, often abbreviated as SED, is committed to providing transformative educational opportunities for low-income immigrant families primarily hailing from Latin America. By innovating programs that cater to the evolving needs of the Latino community and their children, SED empowers these families to successfully navigate the intricate, multilingual, and multicultural world they find themselves in. The organization's primary goal is to equip its students with the essential knowledge, skills, and self-confidence necessary to lead fulfilling, self-sufficient lives.
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Impact
October, 2024
The Spanish Education Development Center (SED) significantly enhances the lives of low-income immigrant families, primarily from Latin America, by providing transformative educational opportunities. Through innovative programming tailored to the evolving needs of Latino families and their children, SED empowers them to navigate a diverse and multicultural environment with confidence.
One of SED's key initiatives is its children's program, which offers comprehensive, year-round care and bilingual education for infants and preschoolers aged 3 months to 4 years. This program not only focuses on educational development but also ensures that children receive three nutritious meals daily, approved by the USDA's Child and Adult Care Food Program.
By equipping children with essential knowledge and skills, SED fosters a foundation that helps families lead productive, self-sufficient lives. The organization's mission ultimately contributes to building stronger communities, promoting cultural understanding, and supporting the successful integration of immigrant families into society.
This information is meant to be a general summary of Spanish Education Development Center. 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: $32,862
- Program Service Revenue: $451,602
- Gross Receipts: $4,083,722
Assets and Liabilities:
- Total Assets: $11,218,893
- Total Liabilities: $3,957,662
- Net Assets: $7,261,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDREN PROGRAM
Revenue
$293,653
ADULT PROGRAM
Revenue
$140,829
ADULT PROGRAM
Revenue
$17,120
Organization Details
Founding Year
1971
Phone
(202) 722-4404Principal Officer
Raymond Ritchey
Main Address
4110 KANSAS AVENUE NW, WASHINGTON, DC, 20011
Website
www.sedcenter.orgNTEE Category
Code: B20 - Education
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