Overview
What is Richardson Daycare And Early Learning Center Richardson Daycare?
Richardson Daycare and Early Learning Center is a community-focused nonprofit organization situated in Baton Rouge, Louisiana. Its primary purpose is to cater to underprivileged children, ensuring they have a nurturing environment that fosters their learning and development while they are away from their parents. The organization, led by Ollie Fultz, aims to prepare these children for kindergarten through its commitment to quality care and education. The center's mission is to create an environment that is conducive to learning, ultimately contributing to the children's readiness for their future academic pursuits.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Richardson Daycare and Early Learning Center has received a 67% rating from Charity Navigator, which translates to a Two-Star rating. This score primarily reflects the organization's accountability and finance practices. While the daycare has demonstrated strong financial management with a program expense ratio of 92.06%, indicating that a significant portion of their funds is directed toward their programs, the lack of independent board members raises concerns regarding governance and oversight.
One notable strength is the absence of any material diversion of assets, which is a positive indicator of financial integrity. Additionally, the organization has implemented a conflict of interest policy and maintains proper document retention and destruction protocols. However, several governance shortcomings are evident, including missing independent board members, a lack of a whistleblower policy, and not having the required tax documents posted on their website.
These factors contribute to the organization's overall rating, highlighting areas for improvement. Enhancing board independence and transparency could help Richardson Daycare strengthen its governance practices, which would be beneficial in securing a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Richardson Daycare And Early Learning Center Richardson Daycare legitimate?
Richardson Daycare And Early Learning Center Richardson Daycare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richardson Daycare And Early Learning Center Richardson Daycare 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: $172,754
For more financial information, click here
What is the mission statement of Richardson Daycare And Early Learning Center Richardson Daycare?
The mission of Richardson Daycare And Early Learning Center is centered around serving underprivileged children. This community organization strives to create an environment that fosters positive learning and development, with a specific focus on preparing children for kindergarten. Their goal is to ensure that children receive quality care and education, thereby enhancing their readiness for the next phase of their academic journey.
Who is the CEO of Richardson Daycare And Early Learning Center Richardson Daycare?
Ollie Fultz is the Director of Richardson Daycare And Early Learning Center Richardson Daycare.
What is the revenue of Richardson Daycare And Early Learning Center Richardson Daycare?
Richardson Daycare And Early Learning Center Richardson Daycare's revenue in 2022 was $497,596.
Who are the executives of Richardson Daycare And Early Learning Center Richardson Daycare and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Richardson Daycare And Early Learning Center Richardson Daycare?
Richardson Daycare And Early Learning Center Richardson Daycare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Richardson Daycare And Early Learning Center Richardson Daycare
Richardson Daycare And Early Learning Center, a community organization, is dedicated to serving underprivileged children. Their mission is to create an environment that fosters positive learning and development, with the ultimate goal of preparing these children for kindergarten. Ollie Fultz, who heads this organization, believes in the importance of quality care and education in shaping a child's future. The center's mission is to ensure that every child who spends time there leaves with the necessary skills and knowledge for a smooth transition into kindergarten.
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Impact
July, 2024
Richardson Daycare And Early Learning Center Richardson Daycare has a significant impact on the local community by providing underprivileged children with a positive learning environment conducive to their development. The center's mission is to ensure kindergarten readiness through quality care and education. By serving the needs of these children when they are away from their parents, Richardson Daycare plays a crucial role in preparing them for success in school and in life. Ollie Fultz leads this community organization in Baton Rouge, LA, making a difference in the lives of the children and families they serve.
This information is meant to be a general summary of Richardson Daycare And Early Learning Center Richardson Daycare. 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: $497,596
- Gross Receipts: $497,596
Assets and Liabilities:
- Total Assets: $415,592
- Total Liabilities: $415,592
- Net Assets: $0
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Organization Details
Founding Year
2002
Phone
(225) 272-8008Principal Officer
Ollie Fultz
Main Address
14885 OLD HAMMOND HWY, BATON ROUGE, LA, 70816
NTEE Category
Code: P33 - Human services
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