Overview
What is Little Folks Community Day Care Inc?
Little Folks Community Day Care Inc, located in East Boston, Massachusetts, is a dedicated child daycare center. Their primary mission is to provide high-quality daycare services, catering to the needs of young children. The organization is committed to ensuring a nurturing and supportive environment, where children can learn, grow, and develop under skilled caretakers. The center's day-to-day operations focus on providing essential daycare services, ensuring the overall well-being and development of the children in its care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Little Folks Community Day Care Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity achieved a high score of 96%, which is a testament to its commitment to transparency and responsible financial management. The organization demonstrates a majority of independent board members, ensuring unbiased governance, and successfully maintains a low liabilities to assets ratio, indicating financial stability.
The organization’s financial practices are commendable, with a program expense ratio of 90.02%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, it has established robust policies, including conflict of interest and whistleblower protections, which further enhance its credibility and operational integrity.
Despite these strengths, the evaluation is based solely on the accountability and finance beacon, leaving out other potential aspects of effectiveness and program impact that could offer a more rounded view of the organization’s overall performance. Nonetheless, its financial health and governance practices position Little Folks Community Day Care Inc as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Little Folks Community Day Care Inc legitimate?
Little Folks Community Day Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Folks Community Day Care 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: $57,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $814,345
For more financial information, click here
What is the mission statement of Little Folks Community Day Care Inc?
Little Folks Community Day Care Inc's mission is centered around providing day care services. This mission is geared towards catering to the needs of children, focusing on day care as its primary objective. The organization does not provide specific details about the scope or goals beyond day care services. It is assumed that their mission is to ensure a safe, nurturing, and educational environment for the children under their care. However, without further information, the specifics of their approach or the age group they cater to remain unclear.
Who is the CEO of Little Folks Community Day Care Inc?
Marie Bossi is the Executive Director President of Little Folks Community Day Care Inc.
What is the revenue of Little Folks Community Day Care Inc?
Little Folks Community Day Care Inc's revenue in 2021 was $1,604,691.
Who are the executives of Little Folks Community Day Care Inc and what are their salaries?
The average compensation at Little Folks Community Day Care Inc during 2021 was $24,906. There are 35 employees and 4 volunteers at Little Folks Community Day Care Inc.
Here are 5 key members and their salaries:
- Compensation: $57,350
- Related: $0
- Other: $6,535
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Little Folks Community Day Care Inc?
Little Folks Community Day Care Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Little Folks Community Day Care Inc
Little Folks Community Day Care, as a daycare center, is committed to providing essential services for children in East Boston, Massachusetts. The organization's primary mission is to ensure the well-being and development of young minds during their formative years. By offering daycare services, Little Folks Community Day Care aims to support working parents and contribute to the overall growth and education of children in its care. The daycare center's mission is centered around the belief that quality daycare can play a crucial role in a child's development, providing a safe and nurturing environment that fosters learning and social skills.
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Impact
October, 2024
Little Folks Community Day Care Inc has a significant impact on the East Boston community by providing essential day care services for children. This child daycare center supports families by offering a safe and nurturing environment for their young ones, allowing parents to pursue their work and education with peace of mind.
By fostering early childhood development through structured activities, social interaction, and educational programming, Little Folks helps lay a strong foundation for children's future learning and social skills. Furthermore, the center promotes inclusivity and accessibility, ensuring that families in the community have the resources they need for their children's growth and well-being. In doing so, Little Folks not only enhances the lives of individual families but also contributes to the overall health and cohesion of the East Boston community.
This information is meant to be a general summary of Little Folks Community Day Care 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 2021.
- Investment Income: $1,798
- Program Service Revenue: $1,418,518
- Gross Receipts: $1,604,691
Assets and Liabilities:
- Total Assets: $784,951
- Total Liabilities: $90,161
- Net Assets: $694,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Support
Revenue
$1,418,518
Organization Details
Founding Year
1974
Principal Officer
Marie Bossi
Main Address
65 - 67 Trenton Street, East Boston, MA, 02128
NTEE Category
Code: P33Z - Human services
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