Overview
What is Day Nursery Association?
The Day Nursery Association, situated in Scranton, Pennsylvania, is a nonprofit organization that offers affordable daycare services for preschool children. With a dedicated team of 17 employees, their primary mission is to support working parents in Lackawanna County by providing reliable and affordable daycare facilities. The association's activities are centered around offering low-cost daycare services to ensure that children receive proper care while their parents are employed.
Official website here: www.daynurseryassociation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Day Nursery Association has received a commendable rating of 88%, which reflects its strong performance in accountability and finance. This rating is derived exclusively from its accountability metrics, showcasing the organization's commitment to responsible financial management. A key strength is its fully independent board, which consists of eight members, earning maximum points for both board independence and size.
In terms of financial practices, the organization has scored perfectly in areas such as financial statement audits and the absence of material asset diversions. Additionally, it demonstrates good governance by listing crucial policies, such as conflict of interest guidelines, on its website. However, it is worth noting that the organization is missing a whistleblower policy, which is an area for potential improvement.
The Day Nursery Association also shows a healthy financial structure, with a low liabilities-to-assets ratio of 13.46% and a robust program expense ratio of 79.39%. This indicates that a significant portion of its expenditures is directed towards its core programs, which is a positive sign for donors looking to support effective nonprofit initiatives. Overall, while the organization performs well, addressing the missing policies could enhance its governance practices further.
This AI summary has been generated from information found on Charity Navigator.
Is Day Nursery Association legitimate?
Day Nursery Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Day Nursery Association 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: $75,621
Professional Fundraising Fees: $0
Other Salaries and Wages: $558,435
For more financial information, click here
Official website here: www.daynurseryassociation.com
What is the mission statement of Day Nursery Association?
The Day Nursery Association's mission is centered around providing affordable day care services for children in Lackawanna County, catering to the needs of working parents. More specifically, their mission involves offering low-cost day care services for preschool children. The association strives to ensure that these essential childcare services are readily available to support working parents in their daily lives. While the information provided does not detail any additional aspects of their mission, it is clear that their primary focus is on providing affordable day care for young children.
Official website here: www.daynurseryassociation.com
Who is the CEO of Day Nursery Association?
Grace Hogan is the Executive Director of Day Nursery Association.
Official website here: www.daynurseryassociation.com
What is the revenue of Day Nursery Association?
Day Nursery Association's revenue in 2022 was $1,044,361.
Official website here: www.daynurseryassociation.com
Who are the executives of Day Nursery Association and what are their salaries?
The average compensation at Day Nursery Association during 2022 was $37,297. There are 17 employees at Day Nursery Association.
Here are 9 key members and their salaries:
- Compensation: $75,621
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- Other: $0
Official website here: www.daynurseryassociation.com
Where can I find the form 990 for Day Nursery Association?
Day Nursery Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.daynurseryassociation.com
Learn more at the official website: www.daynurseryassociation.com
Mission Statement of Day Nursery Association
The Day Nursery Association, a nonprofit organization, is committed to providing affordable day care services for children in Lackawanna County whose parents are employed. Its mission is centered around offering quality, low-cost day care for preschool-aged children, ensuring that they are in a safe and nurturing environment while their parents are at work. This nonprofit organization plays a significant role in supporting working families by alleviating the burden of childcare costs, allowing parents to focus on their jobs and contribute to the community.
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Impact
October, 2024
The Day Nursery Association significantly impacts the community by providing affordable daycare services for preschool children, particularly for working parents in Lackawanna County. By ensuring accessible childcare, the Association supports families in balancing work and home responsibilities.
This access to low-cost daycare allows parents to maintain employment, contributing to the local economy while fostering a stable environment for children's development. The Association's services also promote early childhood education, helping to prepare children for their future academic pursuits. Overall, the Day Nursery Association plays a crucial role in enhancing the quality of life for families and children in Scranton, PA, through its commitment to affordable childcare solutions.
This information is meant to be a general summary of Day Nursery Association. 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: $7,063
- Program Service Revenue: $55,053
- Gross Receipts: $1,129,244
Assets and Liabilities:
- Total Assets: $894,398
- Total Liabilities: $61,395
- Net Assets: $833,003
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY CARE SERVICES
Revenue
$55,053
Organization Details
Founding Year
1909
Phone
(570) 342-9397Principal Officer
Grace Hogan
Main Address
332 JEFFERSON AVENUE, SCRANTON, PA, 18510
NTEE Category
Code: P330 - Human services
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