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Childcare Matters Inc

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

EIN: 263994822 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Childcare Matters Inc?

Childcare Matters Inc, based in Chapel Hill, North Carolina, is a nonprofit organization dedicated to offering top-notch childcare services within the local community. With a staff of 12 individuals, their primary mission is to provide a nurturing environment for children in the area. The organization is committed to ensuring quality care for the young members of the community, making it an essential resource for many families in the area.


Official website here: www.childcare-matters.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

Childcare Matters Inc has received a Two-Star rating, indicating that while the organization exhibits some strengths, there are significant areas for improvement. The charity has demonstrated a strong commitment to accountability and finance, scoring well in areas such as board independence and material diversion of assets, which suggests responsible governance and financial management. However, it has fallen short in several critical governance policies, specifically lacking a conflict of interest policy, whistleblower policy, document retention and destruction policy, and financial statements.

The program expense ratio stands at an impressive 100%, indicating that all expenses are directed towards the charity's programs. This reflects a focused effort on fulfilling its mission. Despite this positive aspect, the absence of crucial governance documentation raises concerns regarding transparency and accountability, which are essential for donor trust and organizational integrity.

Overall, while Childcare Matters Inc has commendable financial management and program focus, the missing policies and documentation signify a need for enhanced governance practices to strengthen its operational credibility and foster greater donor confidence.


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

Is Childcare Matters Inc legitimate?

Childcare Matters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Childcare Matters 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $432,221

For more financial information, click here


Official website here: www.childcare-matters.org

What is the mission statement of Childcare Matters Inc?

Childcare Matters Inc is committed to delivering high-quality childcare services within their community. Their mission is centered around providing a nurturing and supportive environment for children, aiming to contribute positively to their development. The organization's primary goal is to ensure that every child under their care receives the best possible care, fostering their growth and well-being. This mission is carried out through dedicated staff and a child-focused approach, making Childcare Matters Inc a trusted choice for families in need of reliable childcare services.


Official website here: www.childcare-matters.org

Who is the CEO of Childcare Matters Inc?

Joe Rabinoff is the Director of Childcare Matters Inc.


Official website here: www.childcare-matters.org

What is the revenue of Childcare Matters Inc?

Childcare Matters Inc's revenue in 2022 was $705,980.


Official website here: www.childcare-matters.org

Who are the executives of Childcare Matters Inc and what are their salaries?

The average compensation at Childcare Matters Inc during 2022 was $36,018. There are 12 employees at Childcare Matters Inc.


Here are 5 key members and their salaries:


Alesha Foushe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Barnett (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Burshell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Carroll (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rabinoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.childcare-matters.org

Where can I find the form 990 for Childcare Matters Inc?

Childcare Matters Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.childcare-matters.org

Learn more at the official website: www.childcare-matters.org

Mission Statement of Childcare Matters Inc

Childcare Matters Inc, a notable organization, is committed to providing top-notch childcare services within the Chapel Hill community. Their mission, in essence, revolves around ensuring the well-being and development of children in this specific locale. By offering high-quality childcare, they aim to contribute positively to the community and the lives of its youngest members. This dedication to providing exceptional childcare services sets Childcare Matters Inc apart, making it a valuable resource for families in the Chapel Hill area.

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Impact




July, 2024

Childcare Matters Inc's impact is significant as it provides quality childcare services for the Chapel Hill, NC community. By offering reliable and safe childcare options, the organization plays a crucial role in supporting families and working parents in balancing their responsibilities. Additionally, Childcare Matters Inc contributes to the overall well-being of children by providing them with a nurturing environment that promotes their growth and development. Through their dedicated mission of delivering quality childcare services, the organization positively impacts the community by ensuring a supportive and enriching experience for both children and their families.




This information is meant to be a general summary of Childcare Matters 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.

Revenue
$705,980 (2022)
Expenses
$636,227 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $585,091
  • Gross Receipts: $705,980

Assets and Liabilities:

  • Total Assets: $279,776
  • Total Liabilities: $18,804
  • Net Assets: $260,972

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Programs

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

TUITION

Revenue

$567,331

NONRESIDENTIAL RENTAL PROP

Revenue

$17,760

Organization Details

Founding Year

2009

Principal Officer

Joe Rabinoff

Main Address

825 NORTH ESTES DRIVE, CHAPEL HILL, NC, 27514

NTEE Category

Code: P33 - Human services

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