Overview
What is Cacfp Assistance & Childcare Business Consulting Inc?
Cacfp Assistance & Childcare Business Consulting Inc is a nonprofit organization located in Oak Ridge, North Carolina. Their primary role involves acting as a Sponsor Organization for various child care centers and day care homes participating in the North Carolina State Child and Adult Food Program (CACFP) during the tax year 2022. The organization ensures compliance with program requirements by submitting applications, training staff, monitoring operations, submitting monthly claims, and dispersing reimbursements. Their mission is to enhance the nutritional quality of food served to children by providing consulting services to improve food and business operations within child care centers. This ultimately helps increase their net profit and ability to serve their clients more effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
Cacfp Assistance & Childcare Business Consulting Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 75%. This rating is based entirely on its Accountability & Finance metrics, showcasing the organization's commitment to responsible management of resources. The latest fiscal year reported is FY2023, indicating up-to-date financial practices.
The organization excels in several key areas, including having a fully independent board with 100% independent members and maintaining a strong conflict of interest policy. Additionally, it has demonstrated exemplary financial health, with a liabilities to assets ratio of 0.00%, which highlights its stability. The program expense ratio is also impressive at 100.00%, signifying that all resources are allocated towards fulfilling its mission.
While the rating reflects well on the organization’s financial practices and governance, potential donors and supporters might want to explore more about its program impact and effectiveness beyond the financial metrics provided. Overall, Cacfp Assistance & Childcare Business Consulting Inc appears to be a financially sound organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Cacfp Assistance & Childcare Business Consulting Inc legitimate?
Cacfp Assistance & Childcare Business Consulting Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cacfp Assistance & Childcare Business Consulting 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: $24,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,719
For more financial information, click here
What is the mission statement of Cacfp Assistance & Childcare Business Consulting Inc?
Cacfp Assistance & Childcare Business Consulting Inc serves as a Sponsor Organization for the Child and Adult Care Food Program (CACFP) in a specified state. Their mission is to assist child care centers and day care homes in meeting the program's requirements, providing training, and executing claim activities. By doing so, they aim to ensure children have access to more nutritious and palatable food. Additionally, the organization offers consulting services to improve the food and business operations of child care centers, ultimately increasing their net profit and capacity to serve their clients effectively.
Who is the CEO of Cacfp Assistance & Childcare Business Consulting Inc?
Nelson Glenn Kerley Jr is the Treasurer & Executive Director of Cacfp Assistance & Childcare Business Consulting Inc.
What is the revenue of Cacfp Assistance & Childcare Business Consulting Inc?
Cacfp Assistance & Childcare Business Consulting Inc's revenue in 2022 was $535,904.
Who are the executives of Cacfp Assistance & Childcare Business Consulting Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $24,680
- 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 Cacfp Assistance & Childcare Business Consulting Inc?
Cacfp Assistance & Childcare Business Consulting Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cacfp Assistance & Childcare Business Consulting Inc
Cacfp Assistance & Childcare Business Consulting Inc, as a Sponsor Organization, plays a crucial role in supporting the state's Child and Adult Care Food Program (CACFP). Their mission is primarily focused on supervising assigned childcare centers, providing them with planning, training, execution, and claim activities. This is done with the aim of helping these centers meet the program's requirements and qualify for food cost-related reimbursement. In simpler terms, Cacfp Assistance & Childcare Business Consulting Inc helps childcare centers serve their young charges more nutritious and delightful meals by ensuring they adhere to the CACFP guidelines.
Beyond their role as a Sponsor Organization, Cacfp Assistance & Childcare Business Consulting Inc also offers consulting services to childcare centers. Their goal is to improve these centers' food and business operations, thereby enhancing their net profit and ability to serve their clients effectively. By offering guidance on food selection, preparation, and presentation, as well as business management techniques, Cacfp Assistance & Childcare Business Consulting Inc aims to empower childcare centers to provide high-quality care to the children in their charge. In essence, the organization's mission is to support childcare centers in providing a nourishing and stimulating environment for children, while also helping these centers operate efficiently and sustainably.
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Impact
July, 2024
Cacfp Assistance & Childcare Business Consulting Inc's impact can be seen in the support it provides to Child Care Centers and Day Care Homes participating in the state's Child and Adult Care Food Program (CACFP). By serving as a Sponsor Organization for 10 Child Care Centers and 19 Day Care Homes in 2022, the organization facilitated the planning, training, execution, and claim activities necessary to meet program requirements and receive food cost-related reimbursements. This assistance not only ensures that participating facilities are able to provide more nutritious and tastier food to children but also supports their overall business operations through consulting services aimed at improving efficiency and increasing net profit. Through its efforts, Cacfp Assistance & Childcare Business Consulting Inc contributes to the well-being of children and the success of child care providers in the community.
This information is meant to be a general summary of Cacfp Assistance & Childcare Business Consulting 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 2022.
- Program Service Revenue: $535,904
- Gross Receipts: $535,904
Assets and Liabilities:
- Total Assets: $25,295
- Total Liabilities: $0
- Net Assets: $25,295
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Organization Details
Founding Year
2009
Phone
(703) 888-7727Principal Officer
Nelson Glenn Kerley Jr
Main Address
7024 Carriage Cove Dr, Oak Ridge, NC, 27310
NTEE Category
Code: K34 - Food
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