Overview
What is Bcap Build America Association Corp?
Bcap Build America Association Corp is a small business development organization situated in Bayonne, New Jersey. Their primary focus is on providing early childhood education for children aged between 1 and 5. This nonprofit organization is dedicated to nurturing young minds and laying a solid educational foundation, contributing significantly to their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Bcap Build America Association Corp has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement. The organization scored 71% overall, demonstrating strengths in accountability and finance, particularly with a 100% independent board and a program expense ratio of nearly 80%. These factors suggest a commitment to transparency and effective program delivery.
However, the organization does have notable shortcomings that affect its overall rating. The lack of financial statements and missing documentation on their website raises concerns about transparency and accessibility of information. Additionally, the absence of a whistleblower policy and document retention policies points to potential governance issues that the organization needs to address.
Overall, while Bcap Build America Association Corp shows strong governance features and a dedication to its programs, the missing financial documentation and policies highlight significant areas for improvement. Addressing these weaknesses could enhance its trust and accountability among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bcap Build America Association Corp legitimate?
Bcap Build America Association Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bcap Build America Association Corp 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: $79,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $294,919
For more financial information, click here
What is the mission statement of Bcap Build America Association Corp?
Bcap Build America Association Corp's mission is centered around providing early childhood education. This organization aims to cater to children between the ages of 1 to 5, fostering their growth and development during these formative years. By offering early childhood education, Bcap contributes to setting a solid foundation for the children's future learning and overall development.
Who is the CEO of Bcap Build America Association Corp?
Byron Mckinnie is the Principal Officer of Bcap Build America Association Corp.
What is the revenue of Bcap Build America Association Corp?
Bcap Build America Association Corp's revenue in 2022 was $875,244.
Who are the executives of Bcap Build America Association Corp and what are their salaries?
The average compensation at Bcap Build America Association Corp during 2022 was $24,933. There are 15 employees at Bcap Build America Association Corp.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $79,083
- Related: $0
- Other: $0
Where can I find the form 990 for Bcap Build America Association Corp?
Bcap Build America Association Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bcap Build America Association Corp
Bcap Build America Association Corp, a dedicated organization, is committed to providing early childhood education to children between the ages of 1 to 5. Their mission is centered around this crucial developmental period, recognizing its significance in shaping a child's future. By offering this educational service, Bcap aims to contribute positively to the overall development and well-being of the young learners in their care.
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Impact
October, 2024
Bcap Build America Association Corp significantly enhances the community by focusing on early childhood education for children ages 1 to 5 in Bayonne, NJ. By prioritizing the foundational years of education, the organization plays a crucial role in shaping the cognitive, social, and emotional development of young children. This early intervention lays a strong foundation for lifelong learning and personal development, fostering skills that are essential for success in later educational pursuits.
The impact of Bcap extends beyond individual children. By providing quality educational programs, the organization supports families, allowing parents to engage in the workforce while knowing their children are in a nurturing and stimulating environment. This also contributes to the overall economic growth of the community, as more parents are able to pursue job opportunities, which in turn can help alleviate poverty levels.
Additionally, Bcap helps strengthen community ties by bringing families together through educational activities and workshops, promoting an environment of collaboration and support among parents. This focus on community improvement reinforces a culture of educational value and inspires higher expectations for future generations. Ultimately, Bcap Build America Association Corp plays a pivotal role in enhancing both individual lives and the broader Bayonne community.
This information is meant to be a general summary of Bcap Build America Association Corp. 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: $721,179
- Gross Receipts: $875,244
Assets and Liabilities:
- Total Assets: $950,249
- Total Liabilities: $189,079
- Net Assets: $761,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE FEES
Revenue
$721,179
Organization Details
Founding Year
2010
Phone
(201) 437-3233Principal Officer
Byron Mckinnie
Main Address
41-45 WEST 20TH STREET, BAYONNE, NJ, 07002
NTEE Category
Code: S99 - Community improvement
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