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Bancroft Daycare Inc

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

EIN: 272879504 ✦ Bancroft, IA ✦ Designated as a 501(c)(3)

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Overview

What is Bancroft Daycare Inc?

Bancroft Daycare Inc is a nonprofit organization situated in Bancroft, Iowa. The primary objective of this organization is to establish and manage a high-quality childcare facility in Kossuth County, promoting a better understanding and support for child development principles within the local community. The corporation also offers consultation services to individuals and organizations regarding general childcare matters, aiming to enhance the overall quality of childcare services. With a dedicated workforce of 24 employees, Bancroft Daycare Inc is committed to fostering a nurturing environment for children, contributing positively to their growth and development.

Is Bancroft Daycare Inc legitimate?

Bancroft Daycare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bancroft Daycare 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: $46,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,620

For more financial information, click here

What is the mission statement of Bancroft Daycare Inc?

Bancroft Daycare Inc is established with the primary objective of establishing and maintaining a child care facility. The corporation also aims to foster a general community understanding and support for the principles of child development and quality child care services. Furthermore, Bancroft Daycare Inc offers consultation services to individuals and organizations on various child care-related matters. Its mission is to contribute positively to the development of children and promote the importance of quality child care services.

Who is the CEO of Bancroft Daycare Inc?

Andy Hellman is the President of Bancroft Daycare Inc.

What is the revenue of Bancroft Daycare Inc?

Bancroft Daycare Inc's revenue in 2022 was $331,142.

Who are the executives of Bancroft Daycare Inc and what are their salaries?

The average compensation at Bancroft Daycare Inc during 2022 was $8,036. There are 24 employees at Bancroft Daycare Inc.


Here are 8 key members and their salaries:


Roberta Blocker (Director)
  • Compensation: $42,048
  • Related: $0
  • Other: $0
Jill Hellman (Treasurer)
  • Compensation: $4,202
  • Related: $0
  • Other: $0
Laura Arndorfer (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Westley Berte (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Hellman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Klenz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Penning (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Smidt (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bancroft Daycare Inc?

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

Mission Statement of Bancroft Daycare Inc

Bancroft Daycare Inc, established with a singular purpose, is dedicated to establishing and maintaining a child care facility. Beyond this primary objective, the organization seeks to foster a broader understanding and support within the community regarding child development principles and the importance of quality child care services. In addition to these functions, Bancroft Daycare Inc offers consultation services to individuals and organizations on various child care matters. By taking on this role, the organization aims to contribute positively to the overall development of children and the broader community's understanding of child care best practices.

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Impact




October, 2024

Bancroft Daycare Inc plays a vital role in Kossuth County, IA, by establishing and maintaining a child care facility that addresses the needs of families in the community. The organization fosters a deep understanding of child development principles, ensuring that children receive quality care in a nurturing environment.

Through its commitment to child care services, Bancroft Daycare Inc not only supports working parents but also creates a foundation for the healthy growth and development of young children. Additionally, the organization offers valuable consultation services for individuals and other organizations, enhancing the overall quality of child care in the area.

By empowering the community with knowledge and resources related to child development, Bancroft Daycare Inc contributes significantly to creating a supportive and educated community around the needs of families and children. Its impact extends beyond direct child care, promoting a culture that values quality early childhood education and support for parents, ultimately shaping a better future for the community as a whole.




This information is meant to be a general summary of Bancroft Daycare 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
$331,142 (2022)
Expenses
$264,925 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114
  • Program Service Revenue: $216,408
  • Gross Receipts: $331,226

Assets and Liabilities:

  • Total Assets: $177,136
  • Total Liabilities: $3,752
  • Net Assets: $173,384

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Programs

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

PROGRAM REVENUE

Revenue

$216,408

Organization Details

Principal Officer

Andy Hellman

Main Address

304 SOUTH SUMMIT, BANCROFT, IA, 505178025

NTEE Category

Code: P33 - Human services

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