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Beach Babies Child Care At Townsend

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263032418 ✦ Rehoboth beach, DE ✦ Designated as a 501(c)(3)

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Overview

What is Beach Babies Child Care At Townsend?

Beach Babies Child Care At Townsend is a nonprofit organization situated in Rehoboth Beach, Delaware. Primarily serving children residing in Northern Delaware, with a focus on the Townsend area, they offer affordable preschool and daycare services. Their mission is centered around ensuring accessibility to early childhood education for local families, thereby contributing to the community's development. The organization employs a team of 56 dedicated individuals to carry out its operations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 68%)

Beach Babies Child Care At Townsend has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall performance. The organization scored 68% overall, which reflects some strengths in its financial accountability. Notably, it maintains a fully independent board of directors, achieving 100% independence among its members, and displays a strong program expense ratio of 99.88%, suggesting that most of its funds are directed toward its mission.

However, the organization faces significant challenges in several key areas. It received no points for its financial statements, indicating a lack of transparency, and did not meet basic standards for having a website presence for essential tax documents. Furthermore, it scored poorly in areas related to conflict of interest policies and the posting of tax forms on its site, which points to potential administrative weaknesses that could affect donor trust.

While Beach Babies Child Care At Townsend excels in certain financial metrics, the critical gaps in transparency and governance practices limit its overall effectiveness and accountability. Addressing these issues may be crucial for enhancing its reputation and securing future support.


This AI summary has been generated from information found on Charity Navigator.

Is Beach Babies Child Care At Townsend legitimate?

Beach Babies Child Care At Townsend is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beach Babies Child Care At Townsend 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: $909,933

For more financial information, click here

What is the mission statement of Beach Babies Child Care At Townsend?

Beach Babies Child Care, as an organization, is dedicated to providing affordable preschool and daycare services primarily for children residing in Northern Delaware. Its focus is mainly on the Townsend, Delaware area. The corporation's mission is to ensure that these young children have access to quality early education and care, thereby contributing to their overall development. By providing these services at an affordable rate, Beach Babies Child Care aims to make early education more accessible and equitable for families in need. The organization's goal is to contribute positively to the lives of these children, setting them on a path towards a successful future.

Who is the CEO of Beach Babies Child Care At Townsend?

Thomas Toner is the Officer of Beach Babies Child Care At Townsend.

What is the revenue of Beach Babies Child Care At Townsend?

Beach Babies Child Care At Townsend's revenue in 2022 was $1,463,674.

Who are the executives of Beach Babies Child Care At Townsend and what are their salaries?

The average compensation at Beach Babies Child Care At Townsend during 2022 was $16,249. There are 56 employees at Beach Babies Child Care At Townsend.


Here are 2 key members and their salaries:


Thomas Toner (Officer)
  • Compensation: $76,442
  • Related: $0
  • Other: $0
Sean Toner (Officer)
  • Compensation: $51,558
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beach Babies Child Care At Townsend?

Beach Babies Child Care At Townsend's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beach Babies Child Care At Townsend

Beach Babies Child Care, a corporation, is committed to serving the community by providing affordable preschool and daycare services primarily for children residing in Northern Delaware, with a strong focus on the Townsend area. Their mission is centered around making quality early childhood education accessible and affordable for families in need, ensuring that the youngest members of the community have a solid foundation for their future development. By offering these essential services, Beach Babies Child Care At Townsend plays a significant role in fostering the growth and well-being of the next generation.

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Impact




October, 2024

Beach Babies Child Care At Townsend significantly impacts the community by offering affordable preschool and daycare services to families in Northern Delaware, with a primary focus on Townsend. By providing accessible early childhood education, they support working parents and contribute to children's social, emotional, and cognitive development in a safe and nurturing environment. Their commitment to affordability ensures that more families can access quality care, fostering a strong foundation for future learning and growth. This essential service not only aids in the early education of children but also strengthens the local community by supporting parents in balancing work and family responsibilities.




This information is meant to be a general summary of Beach Babies Child Care At Townsend. 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.

Revenue
$1,463,674 (2022)
Expenses
$1,654,115 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $800
  • Program Service Revenue: $1,319,421
  • Gross Receipts: $1,463,674

Assets and Liabilities:

  • Total Assets: $590,251
  • Total Liabilities: $172,285
  • Net Assets: $417,966

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$1,193,591

POC REIMBURSEMENT

Revenue

$125,830

Organization Details

Founding Year

2010

Principal Officer

Thomas Toner

Main Address

PO BOX 547, REHOBOTH BEACH, DE, 19971

NTEE Category

Code: P33 - Human services

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